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StoneX Reiterates Buy on Galaxy Digital, Citing Undervalued Helios AI Data Center

StoneX has reiterated a Buy rating and a $57 price target on Galaxy Digital (GLXY), arguing that the market is overlooking the value of the company's Helios AI…

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StoneX Reiterates Buy on Galaxy Digital, Citing Undervalued Helios AI Data Center
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Excerpts from the article

  • StoneX has reiterated a Buy rating and a $57 price target on Galaxy Digital (GLXY), arguing that the market is overlooking the value of the company's…
  • The brokerage's view, reported by The Block on October 19, centers on a perceived disconnect: anxiety over CoreWeave's balance sheet is casting a…
  • Helios represents Galaxy Digital's push into the high-density computing infrastructure required for artificial intelligence workloads. The facility…

Can Galaxy Digital's Helios data center achieve the lease-up rates and margin profile needed to force a re-rating before CoreWeave's debt concerns fully dissipate?

Sources: Source 1 · Source 2 · Source 3 · Source 4 · Source 5 · Source 6

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