Gemini Space Station (NASDAQ:GEMI) Shares Down 4.2% on Analyst Downgrade

Shares of Gemini Space Station, Inc. (NASDAQ:GEMI) were down 4.2% during mid-day trading on Monday after Rosenblatt Securities lowered their price target on the stock from $11.50 to $9.00. Rosenblatt Securities currently has a buy rating on the stock. Gemini Space Station traded as low as $5.69 and last traded at $5.72. Approximately 445,353 shares traded hands during mid-day trading, a decline of 73% from the average daily volume of 1,664,097 shares. The stock had previously closed at $5.97.

A number of other research analysts also recently weighed in on GEMI. Weiss Ratings reissued a “sell (d)” rating on shares of Gemini Space Station in a research note on Monday, December 29th. Morgan Stanley dropped their price objective on Gemini Space Station from $29.00 to $13.00 and set an “equal weight” rating for the company in a report on Monday, December 22nd. Evercore lowered Gemini Space Station from an “outperform” rating to an “in-line” rating and set a $10.00 target price on the stock. in a research note on Friday, February 6th. Needham & Company LLC decreased their target price on Gemini Space Station from $10.00 to $8.00 and set a “buy” rating for the company in a research report on Monday. Finally, The Goldman Sachs Group lowered their price target on Gemini Space Station from $19.00 to $17.00 and set a “neutral” rating for the company in a research note on Friday, December 5th. Three investment analysts have rated the stock with a Buy rating, eight have given a Hold rating and two have assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the stock currently has an average rating of “Hold” and an average target price of $14.32.

Insider Activity at Gemini Space Station

In other news, Director Sachin Chand Jaitly sold 39,708 shares of the company’s stock in a transaction dated Wednesday, March 11th. The stock was sold at an average price of $8.92, for a total transaction of $354,195.36. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link.

Key Gemini Space Station News

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

• Positive Sentiment: Needham/John Todaro maintained a Buy rating on GEMI (price target lowered to $8), signaling continued analyst conviction despite a lower target. Refocused Core Strategy and In‑House Prediction Markets Underpin Buy Rating on Gemini Space Station, Inc.
• Neutral Sentiment: Q4 2025 earnings call transcript published — useful for parsing management commentary on guidance, cash runway and the strategic refocus that has sparked investor scrutiny. Gemini Space Station, Inc. (GEMI) Q4 2025 Earnings Call Transcript
• Neutral Sentiment: Short interest notices in the feed report large increases but show 0 shares / NaN changes — the short data appears noisy/unreliable in these filings and shouldn’t be treated as confirmatory evidence of heavy shorting without verified exchange data.
• Negative Sentiment: Multiple securities‑fraud class actions and shareholder alerts were filed or announced (Schall Law Firm, Faruqi & Faruqi, Bernstein Liebhard, Barrack Rodos & Bacine, Gross Law Firm). Lawsuits allege misleading IPO disclosures and the strategy shift — legal exposure and settlement risk are weighing on sentiment. GEMI Investors Have Opportunity to Lead Gemini Space Station, Inc. Securities Fraud Lawsuit Faruqi & Faruqi Reminder Bernstein Liebhard Alert
• Negative Sentiment: Analysts trimmed price targets across the board (Rosenblatt to $9, Mizuho to $12, Needham to $8), which reduces upside expectations and can dampen buyer interest even where coverage remains constructive. Benzinga (price target updates) Wall Street analyst cuts Gemini stock target

Institutional Investors Weigh In On Gemini Space Station

Several institutional investors have recently bought and sold shares of GEMI. SBI Securities Co. Ltd. bought a new position in shares of Gemini Space Station during the 3rd quarter worth approximately $51,000. National Bank of Canada FI bought a new stake in shares of Gemini Space Station in the third quarter worth $123,000. Man Group plc acquired a new position in Gemini Space Station during the third quarter worth $201,000. Caitong International Asset Management Co. Ltd acquired a new position in Gemini Space Station during the fourth quarter worth $88,000. Finally, Sandia Investment Management LP bought a new position in Gemini Space Station in the third quarter valued at $228,000.

Gemini Space Station Stock Performance

The business’s 50-day simple moving average is $7.78. The firm has a market capitalization of $610.60 million and a price-to-earnings ratio of -2.87.

Gemini Space Station (NASDAQ:GEMI) last posted its quarterly earnings data on Thursday, March 19th. The company reported ($1.22) EPS for the quarter, missing analysts’ consensus estimates of ($1.06) by ($0.16). The firm had revenue of $60.34 million for the quarter.

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.