Gemini Space Station (NASDAQ:GEMI) Sets New 12-Month Low After Analyst Downgrade

Gemini Space Station, Inc. (NASDAQ:GEMI) shares hit a new 52-week low during trading on Thursday after Rosenblatt Securities lowered their price target on the stock from $26.00 to $11.50. Rosenblatt Securities currently has a buy rating on the stock. Gemini Space Station traded as low as $6.19 and last traded at $6.14, with a volume of 100620 shares traded. The stock had previously closed at $6.38.

A number of other equities research analysts also recently weighed in on GEMI. Mizuho cut their target price on Gemini Space Station from $30.00 to $26.00 and set an “outperform” rating for the company in a research report on Wednesday, December 24th. Cantor Fitzgerald reissued a “neutral” rating and issued a $8.00 price objective (down previously from $14.00) on shares of Gemini Space Station in a research note on Wednesday. Weiss Ratings reaffirmed a “sell (d)” rating on shares of Gemini Space Station in a research note on Monday, December 29th. The Goldman Sachs Group lowered their target price on Gemini Space Station from $19.00 to $17.00 and set a “neutral” rating on the stock in a report on Friday, December 5th. Finally, Needham & Company LLC cut their price target on shares of Gemini Space Station from $23.00 to $10.00 and set a “buy” rating for the company in a report on Wednesday. Three research analysts have rated the stock with a Buy rating, nine have given a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, Gemini Space Station has an average rating of “Hold” and an average price target of $16.68.

Trending Headlines about Gemini Space Station

Here are the key news stories impacting Gemini Space Station this week:

• Positive Sentiment: Rosenblatt Securities kept a “buy” rating and set a new $11.50 price target (down from $26), signaling they still see upside versus current levels despite the downgrade; this could provide some investor support. Read More.
• Neutral Sentiment: Cantor Fitzgerald reiterated a “Neutral” rating on GEMI, suggesting some analysts are pausing before making directional calls amid the recent volatility. Read More.
• Neutral Sentiment: Reported short‑interest data in recent filings are inconsistent/unclear, offering little clarity on whether short sellers are materially increasing pressure right now. (Data showed zero shares in the cited report.)
• Negative Sentiment: Gemini disclosed three senior executive departures and an international pullback, which triggered a sharp intraday selloff and raises operational and execution risk so soon after the September IPO. Read More.
• Negative Sentiment: Multiple law firms (Hagens Berman, Bragar Eagel & Squire, Pomerantz, Schall, Kirby McInerney) have launched or announced investigations and investor‑recovery campaigns alleging potential securities fraud — a material legal overhang that often pressures stock prices. Read More.
• Negative Sentiment: Analysts trimmed targets: Needham cut its PT to $10 and other coverage changes led to a gap‑down trading reaction, reinforcing downside pressure. Read More.
• Negative Sentiment: Coverage pieces and local press detail investor concern and volatility since the IPO (shares are far below the September 2025 IPO price), which can reduce liquidity and increase selling pressure. Read More.

Institutional Investors Weigh In On Gemini Space Station

A number of hedge funds and other institutional investors have recently made changes to their positions in GEMI. SBI Securities Co. Ltd. bought a new stake in Gemini Space Station in the third quarter worth $51,000. Engineers Gate Manager LP acquired a new stake in shares of Gemini Space Station in the fourth quarter worth about $100,000. National Bank of Canada FI bought a new stake in shares of Gemini Space Station during the 3rd quarter worth about $123,000. Quadrature Capital Ltd acquired a new position in shares of Gemini Space Station during the 4th quarter valued at about $160,000. Finally, Aristides Capital LLC bought a new position in shares of Gemini Space Station in the 4th quarter valued at approximately $164,000.

Gemini Space Station Stock Down 3.0%

The business has a fifty day moving average of $9.47. The company has a market cap of $684.72 million and a PE ratio of -3.22.

Gemini Space Station Company Profile

Our mission is to unlock the next era of financial, creative, and personal freedom. Gemini envisions a future where crypto will redesign the global financial system, the internet, and money in a way that provides greater choice, independence, and opportunity for all. As a trusted bridge between the traditional financial system and the emerging cryptoeconomy, we are providing access for individuals and institutions to a decentralized future that is more open, fair, and secure. Gemini was founded in 2014 to be the most trusted, secure, and easy way to buy, sell, and store crypto assets.