Galaxy Digital (NASDAQ:GLXY – Get Free Report) and Forge Global (NYSE:FRGE – Get Free Report) are both finance companies, but which is the better stock? We will compare the two businesses based on the strength of their institutional ownership, analyst recommendations, profitability, earnings, valuation, risk and dividends.
Earnings and Valuation
This table compares Galaxy Digital and Forge Global”s gross revenue, earnings per share (EPS) and valuation.
| Gross Revenue | Price/Sales Ratio | Net Income | Earnings Per Share | Price/Earnings Ratio | |
| Galaxy Digital | $61.36 billion | 0.09 | -$241.35 million | ($1.00) | -14.38 |
| Forge Global | $92.88 million | 6.71 | -$66.33 million | ($5.20) | -8.65 |
Forge Global has lower revenue, but higher earnings than Galaxy Digital. Galaxy Digital is trading at a lower price-to-earnings ratio than Forge Global, indicating that it is currently the more affordable of the two stocks.
Analyst Recommendations
This is a breakdown of recent ratings and target prices for Galaxy Digital and Forge Global, as provided by MarketBeat.com.
| Sell Ratings | Hold Ratings | Buy Ratings | Strong Buy Ratings | Rating Score | |
| Galaxy Digital | 0 | 3 | 11 | 0 | 2.79 |
| Forge Global | 1 | 2 | 0 | 0 | 1.67 |
Galaxy Digital currently has a consensus target price of $33.96, indicating a potential upside of 136.15%. Given Galaxy Digital’s stronger consensus rating and higher probable upside, research analysts plainly believe Galaxy Digital is more favorable than Forge Global.
Institutional and Insider Ownership
40.7% of Forge Global shares are owned by institutional investors. 51.5% of Galaxy Digital shares are owned by insiders. Comparatively, 4.5% of Forge Global shares are owned by insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a stock will outperform the market over the long term.
Profitability
This table compares Galaxy Digital and Forge Global’s net margins, return on equity and return on assets.
| Net Margins | Return on Equity | Return on Assets | |
| Galaxy Digital | -0.89% | -10.17% | -2.41% |
| Forge Global | -71.87% | -29.06% | -24.63% |
Risk & Volatility
Galaxy Digital has a beta of 5.38, indicating that its share price is 438% more volatile than the S&P 500. Comparatively, Forge Global has a beta of 2.18, indicating that its share price is 118% more volatile than the S&P 500.
Summary
Galaxy Digital beats Forge Global on 10 of the 13 factors compared between the two stocks.
About Galaxy Digital
Galaxy Digital is a financial services and investment management company focused on digital assets and blockchain technology. Its businesses include trading and other financial services for institutions, investment and asset management, and digital infrastructure, including data center and bitcoin mining operations. Founded in 2018 by Michael Novogratz, the company serves institutional clients and investors in the United States and other markets. Novogratz is Galaxy’s founder and chief executive officer.
About Forge Global
Forge Global operates a financial technology platform focused on private-company securities. Its marketplace connects eligible investors and shareholders seeking to buy or sell shares in privately held companies, helping facilitate transactions in an asset class that is not typically traded on public exchanges. The company also offers services that support private-market transactions, including market data and insights, brokerage and transaction support, and custody and related services through its subsidiaries.
Receive News & Ratings for Galaxy Digital Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Galaxy Digital and related companies with MarketBeat.com's FREE daily email newsletter.
