Galaxy’s AI data center business is undervalued amid CoreWeave debt concerns, StoneX says
StoneX reiterates Buy and $57 target on GLXY, saying the market undervalues its Helios AI data center despite CoreWeave debt worries.
AI summary
StoneX reiterated a Buy rating and $57 price target on Galaxy Digital (GLXY), arguing the market undervalues its Helios AI data center business despite concerns about CoreWeave's debt. The call is an analyst opinion rather than a new fundamental development, so its direct market impact is limited. Traders holding GLXY may watch whether the AI data center narrative gains traction as a valuation catalyst separate from crypto trading revenue.
