Rating Change
Morgan Stanley reiterated its Overweight rating on Galaxy Digital (NASDAQ:GLXY) on October 12, 2026.
reiterateNASDAQ:GLXY
Morgan Stanley Reiterates Overweight Rating on Galaxy Digital (GLXY)
Morgan Stanley reiterated its Overweight rating on Galaxy Digital (NASDAQ:GLXY) on October 12, 2026.
At publication ·
What changed
Galaxy Digital (NASDAQ:GLXY) · reiterate
- Firm
- Morgan Stanley
- Rating
- Overweight to Overweight
- Price at event
- $19.87
- Market capitalization
- $9.9B
At a glance
Key takeaways
- Morgan Stanley reiterated an Overweight rating on Galaxy Digital on October 12, 2026, with the stock trading at $19.87 and a market cap of $9.9 billion.
Market Context
Galaxy Digital operates in the Financial Services sector. The stock currently trades at $19.87 with a market capitalization of $9.9B. The stock has declined 52.9% over the past 52 weeks.
Analyst coverage from Morgan Stanley provides professional research and price targets that many institutional investors reference when making allocation decisions. The consensus of analyst opinions — along with the range of price targets — helps frame market expectations for Galaxy Digital.
Analyst ratings and price targets are one input among many for investment decisions. Historical studies show that consensus analyst recommendations have mixed predictive power on their own, but significant changes in consensus — such as multiple upgrades or downgrades in a short period — can be more meaningful signals.
Recent Analyst Activity for Galaxy Digital
Among the 10 most recent ratings: 9 Buy, 1 Hold, 0 Sell.
| Date | Firm | Rating | Price Target |
|---|---|---|---|
| Oct 12, 2026 | Morgan Stanley | Overweight | N/A |
| Sep 03, 2026 | Morgan Stanley | Overweight | N/A |
| Aug 19, 2026 | Citigroup | Neutral | N/A |
| Aug 05, 2026 | BTIG | Buy | N/A |
| Aug 05, 2026 | Chardan Capital | Buy | N/A |
Related Tools: Analyst Ratings Dashboard | View GLXY Stock Page
Frequently Asked Questions
What does the Overweight rating mean for GLXY?
A rating of Overweight from Morgan Stanley reflects the analyst's outlook on Galaxy Digital (NASDAQ:GLXY). Analyst ratings are one factor investors consider alongside earnings, valuation, and sector trends.
Where can I find more analyst ratings?
Browse recent upgrades and downgrades on our Analyst Ratings Dashboard or the GLXY forecast page.