Core Viewpoint - Galaxy Digital (GLXY) stock experienced a 13% increase on December 9, driven by renewed enthusiasm in the crypto market, particularly as Bitcoin briefly surpassed $94,000. Analysts predict significant upside potential for GLXY shares, with estimates suggesting a target price of $60, indicating a potential increase of 100% from current levels [1][3][4]. Group 1: Market Position and Growth Potential - Galaxy Digital is positioned to capture significant market share in two transformative sectors: artificial intelligence (AI) and cryptocurrencies, which is expected to drive growth [3]. - The company is anticipated to benefit from a recovery in the crypto market by 2026 and the growth of the digital asset ETF market, leading to increased free income and trading revenues [3][4]. - The firm's data center infrastructure supports AI and high-performance computing (HPC) workloads, contributing to a "multi-engine growth model" that could potentially double the stock price over the next 12 months [4]. Group 2: Technical Analysis and Investment Sentiment - Galaxy Digital management has focused on expanding institutional reach through partnerships, such as the Invesco Galaxy Solana ETF, which is nearing regulatory approval and represents a significant revenue opportunity [5]. - Following the recent rally, GLXY stock is approaching its 100-day moving average of just over $30, with a decisive break above this level likely to accelerate upward momentum into 2026 [6]. - The consensus rating for Galaxy Digital stock is currently "Strong Buy," with a mean target price of approximately $47, suggesting a potential upside of nearly 70% from current levels [8].
Should You Buy Galaxy Digital Stock in December 2025?