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Galaxy Digital scores 'Buy' upgrade just before Nasdaq debut - Novogratz's firm on fire!

Galaxy Digital scores 'Buy' upgrade just before Nasdaq debut - Novogratz's firm on fire!

Date: 2025-05-14 19:19:42 | By Clara Whitlock

Galaxy Digital's Stock Soars as H.C. Wainwright Boosts Price Target to $39!

H.C. Wainwright, a top-tier U.S. financial powerhouse, just cranked up the heat on Galaxy Digital's stock, setting a sizzling new price target of $39!

Mike Novogratz's crypto empire, Galaxy Digital Holdings, is on fire as it gears up for a blockbuster uplisting on Nasdaq. On May 14, H.C. Wainwright didn't just reaffirm its Buy rating—they blasted the price target from $30 to a scorching $39!

Despite a rough first quarter in 2025 with a $295 million net loss, Galaxy Digital, trading at $32.09 per share, is still the talk of the town. H.C. Wainwright says the crypto and AI giant's struggles were due to tough market conditions, but they're betting big on a quick turnaround.

With the Nasdaq listing just around the corner on May 16, and a current spot on the Toronto Stock Exchange, Galaxy Digital is ready to take the world by storm. H.C. Wainwright is all in, pointing to massive short-term growth potential.

Galaxy Digital Poised for Explosive Growth, Analysts Declare

A Nasdaq listing isn't just a status symbol—it's a green light for investors that Galaxy Digital means business. Plus, being on retail trading apps like Robinhood and eToro? That's pure gold for accessibility.

Get ready for a crypto comeback in Q2 2025, because Galaxy Digital is set to ride the wave with its top-notch services and hefty crypto stash.

"We're betting big on Galaxy's digital asset businesses and their massive crypto portfolio. They're set to cash in on rising prices in the second half of 2025, thanks to clearer regulations and more institutional players jumping in," H.C. Wainwright declares.

But wait, there's more! Galaxy Digital's AI data centers are about to rake in the dough. They've locked in a sweet $13 million deal with CoreWeave over the next 15 years. Buckle up, because Galaxy Digital is about to blast off!

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