Galaxy Digital Stock Has 80% Upside on AI Pivot, Analyst Says

Edgen Crypto

·Jan 27 2026, 17:32

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Key Takeaways

Analyst firm Benchmark has initiated coverage on Galaxy Digital (GLXY) with a buy rating, citing significant, underappreciated value in the company's strategic pivot towards artificial intelligence. The firm's analysis points to the Helios facility, a former crypto-mining operation, as a key driver for future revenue growth.

Benchmark's new price target suggests a potential 80% upside for Galaxy Digital's stock.
The bullish forecast is primarily driven by the Helios facility's expansion into high-demand AI computation services.
Analysts believe the market has significantly underpriced the revenue potential of this strategic shift away from pure crypto mining.

Benchmark Forecasts 80% Stock Upside from AI Shift

Analyst firm Benchmark has issued a bullish forecast for Galaxy Digital (GLXY), initiating coverage with a buy rating and projecting an 80% potential upside for the company's stock. The positive outlook is not tied to traditional crypto market volatility but to a strategic business pivot. Benchmark's report highlights that investors have not fully priced in the significant revenue potential from Galaxy's Helios facility, which is expanding its operations to service the booming artificial intelligence sector.

Helios Facility Pivots from Crypto Mining to AI Computation

The core of Benchmark's thesis rests on the evolving role of the Helios facility. Originally developed for large-scale Bitcoin mining, the site's powerful infrastructure is now being repurposed to meet the intense computational demands of AI companies. This strategic shift allows Galaxy Digital to tap into a new, high-growth market, leveraging its existing assets to create a diversified revenue stream. By offering its infrastructure for AI model training and data processing, Galaxy is positioning itself at the convergence of digital assets and artificial intelligence, a move Benchmark identifies as a powerful and undervalued catalyst for growth.