$GLXY

Wall Street closed mixed, with TD Bank, Mastercard, and Visa gaining, while Bank of America, Morgan Stanley, and Citigroup declined. TransUnion rose 13.13% after a deal with Bankrate. IREN fell 23.30% despite a cloud deal. Insurance stocks advanced on strong earnings.

Compass Point raised its price target for Galaxy Digital (GLXY) to $36, citing improved crypto conditions and a potential HPC deal. The stock trades at $19.67. Analysts expect $1.89 EPS for 2026. GLXY reported a Q2 2026 loss of $85M but highlighted AI infrastructure progress. H.C. Wainwright maintains a Buy rating with a $40 target.

Analysts updated ratings and price targets for several companies. Albemarle (ALB) was upgraded to buy with a $130 target by Mizuho. Dell (DELL) and Domino's (DPZ) were downgraded by Barclays and Gordon Haskett, respectively. Other notable changes include upgrades for Galaxy Digital (GLXY) and Trane (TT), and downgrades for Carrier (CARR), Lennox (LII), and more. Price targets were adjusted accordingly.

Galaxy Digital Inc. (GLXY) will host a conference call on Oct. 27 at 8:30 AM ET to discuss its third-quarter results. The live webcast and replay will be available on the company's Investor Relations website and YouTube channel. Galaxy is a leader in digital assets and data center infrastructure, with a multi-gigawatt pipeline of potential capacity.

Analysts made several rating changes: UBS initiated TechnipFMC as buy, Benchmark initiated SoFi as buy with a $25 target, Barclays initiated Linde as overweight, and more. KeyBanc upgraded American Power to overweight, Gordon Haskett upgraded Ollie's to buy, and Barclays upgraded Viking Holdings to overweight with a $102 target. Piper Sandler upgraded VF Corp to overweight, Citi upgraded Galaxy to buy, and Deutsche Bank initiated Wintrust Financial as buy.

Citi upgraded Galaxy Digital (GLXY) to 'buy' with a $28 price target, citing a stronger crypto backdrop and the company's AI data center business. Shares have fallen 52% over the past year, but Citi expects a rebound as crypto infrastructure gains focus. The bank highlights regulatory clarity as a potential long-term benefit.

Galaxy Digital Inc.'s average 12-month price target was reduced from $40.38 to $40.06 by 16 analysts, with estimates ranging from $24 to $57. This implies a 99% upside from the Oct. 8 closing price. The consensus rating remains 'Buy' with 14 Buys, 2 Holds, and 0 Sells.

Strategy (MSTR) holds 846,000 Bitcoin, 65% of public companies' total, valued at $71 billion. Top 5 US-listed Bitcoin holders include Twenty One Capital (XXI), MARA Holdings (MARA), Bitcoin Standard Treasury, and Strive (ASST). Investing in Bitcoin stocks carries risks like corporate debt and share dilution.

A large investor deposited 42,000 ETH (worth $112 million) into Galaxy Digital, averaging $2,161.51 per ETH since July. The transaction occurred after a price dip, potentially securing a $21.096 million gain. ETH's price is currently $2,680.24, showing mixed technical signals.

A crypto whale transferred 42,000 ETH, worth $112 million, to Galaxy Digital on Sept. 23, suggesting plans to sell. The ETH was accumulated via OTC trades handled by Galaxy Digital over the past two months.