The Newgrath Galaxy Digital is predominable to purchase entries in front of NASDAK

HC Vainvright, one of the most prestigious financial companies in the US, upgraded target price Galaxy Digital to $ 39.

The Galaxy Digital Mike Newgrath Galaxies are driven by highly before setting Nasadak. Wednesday, 14. Maja, the financial company HC Vainvright has reaffirmed Buy a rating On the Galaxy Digital, raising price of $ 30 to $ 39.

CRIPTO Financial Services and AI infrastructure firm, owned by Mike Novogratz Billionaire, currently traded $ 32.09 per share. The decision came despite the initial financial results for the first quarter of 2025. years, when the company has published a $ 295 million Net loss.

These are, such as HC Vainvright explained, partly due to challenging macro conditions for crops companies. However, the financial company pointed out the strong potential for growth in the short term as well as the upcoming List on NativeAdjust 16. May. So far, the Galaxy Digital is listed on the Stock Exchange in Toronto.

Galaxy Digital has a strong growth potential, analysts

In the list of prestigious exchanges, the signal is to investors about the prestigious and reliability of the company. At the same time, the Galaxy Digital will benefit from the fact that it will be available on retail trading applications, including birth and ether.

What is more, the company is expected that the company will benefit from the expected jump in the CRIPTO Function in the second quarter of 2025. Years. It is both due to services offered in space, as well as their own crypto funds.

“We believe that Galaxy’s digital enterprise with digital means and large crippto portfolies are ready to benefit from growing prices in 2H25, as well as industry advantages of higher regulatory clarity and growing institutional adoptions,” HC Vainvright.

What is more, the Galaxy Digital is expected to deserve significant income from their AI transmission centers. For example, the company provided a contract with Coreveave, worth about $ 13 million in revenue in the next 15 years.