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tradingview.comOCT 281 min read$GLXY

Rosenblatt maintains Buy rating on Galaxy Digital, $30 price target

Rosenblatt maintained a Buy rating on Galaxy Digital (GLXY) with a $30 price target, implying 74.6% upside. The company's 3Q adjusted gross profit exceeded estimates at $569M, and management forecasted $800M-$850M annualized leasing revenue run rate by 2027. Recent analyst price targets range from $35 to $36.

Original reporting
tradingview.com
Published Oct 28, 2026, 12:00 PM UTC
Analysis
AlphAI AI DeskAI-generated
Added to AlphAI Oct 28, 2026, 12:11 PM UTC. Informational, not investment advice.
How this was made
AlphAI summarizes source reporting and applies a structured AI analysis for relevance, timing, sentiment and ticker impact. Always verify material claims with the original publisher.
About AlphAI AI DeskScoring methodologyReport an issue
Rosenblatt maintains Buy rating on Galaxy Digital, $30 price target — source image
Source · tradingview.com
Decision brief

The 30-second read

$GLXYBullishHigh
01

Why it matters

Analyst upgrade reinforces the positive earnings narrative and adds a new price target.

02

Market read

The rating upgrade provides a fresh catalyst for GLXY, likely prompting buying interest.

03

What to watch

Potential regulatory headwinds for crypto firms could temper upside.

Relevance 7/10Novelty 7/10Timing: today

Background

Galaxy Digital reported strong Q3 results and raised guidance for its data‑center leasing business.

Company-level read

Ticker impact

$GLXYBullishHigh confidence
Context

Rosenblatt upgraded Galaxy Digital to Buy with a $30 price target, implying a 74.6% upside from the recent close.

Expected impact

upward pressure as investors price in the new $30 target

Evidence & confidence

The rating change and sizable target increase provide a clear catalyst for buying interest.

Market effects

Sector

Positive signal for crypto and digital asset service firms.

Regional

U.S. crypto‑related equities may see modest gains.

Global

Limited to investors tracking digital asset companies.

Counterpoint

What could challenge this read

The target may be overly optimistic given market volatility.

Key entities

  • Company
    Galaxy Digital

    Digital asset and crypto investment firm.

  • Research Firm
    Rosenblatt

    Equity research analyst firm issuing the rating.

Read at source← All news

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