Needham & Company LLC Has Lowered Expectations for Gemini Space Station (NASDAQ:GEMI) Stock Price

Posted by ABMN Staff on Mar 25th, 2026

Gemini Space Station (NASDAQ:GEMI – Get Free Report) had its price objective decreased by investment analysts at Needham & Company LLC from $10.00 to $8.00 in a research note issued on Monday,Benzinga reports. The firm currently has a “buy” rating on the stock. Needham & Company LLC’s price target suggests a potential upside of 54.14% from the company’s previous close.

Other research analysts have also recently issued research reports about the stock. Truist Financial cut shares of Gemini Space Station from a “buy” rating to a “hold” rating and set a $7.00 price objective for the company. in a research report on Tuesday, February 17th. Evercore cut Gemini Space Station from an “outperform” rating to an “in-line” rating and set a $10.00 target price for the company. in a research note on Friday, February 6th. Cantor Fitzgerald restated a “neutral” rating and set a $8.00 target price (down from $14.00) on shares of Gemini Space Station in a research report on Wednesday, February 18th. Mizuho cut their price target on Gemini Space Station from $30.00 to $26.00 and set an “outperform” rating on the stock in a research note on Wednesday, December 24th. Finally, Rosenblatt Securities decreased their price target on Gemini Space Station from $26.00 to $11.50 and set a “buy” rating on the stock in a report on Friday, February 20th. Three investment analysts have rated the stock with a Buy rating, eight have issued a Hold rating and two have assigned a Sell rating to the company’s stock. According to data from MarketBeat, the stock presently has an average rating of “Hold” and an average target price of $14.32.

Check Out Our Latest Analysis on Gemini Space Station

Gemini Space Station Stock Down 10.1%

GEMI opened at $5.19 on Monday. Gemini Space Station has a 1-year low of $5.12 and a 1-year high of $45.89. The firm has a market cap of $610.60 million and a PE ratio of -2.87. The company has a 50-day moving average of $7.78.

Gemini Space Station (NASDAQ:GEMI – Get Free Report) last announced its earnings results on Thursday, March 19th. The company reported ($1.22) earnings per share (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.

Insider Transactions at Gemini Space Station

In other Gemini Space Station news, Director Sachin Chand Jaitly sold 39,708 shares of Gemini Space Station stock in a transaction on Wednesday, March 11th. The shares were sold at an average price of $8.92, for a total transaction of $354,195.36. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently made changes to their positions in the stock. Hsbc Holdings PLC bought a new position in shares of Gemini Space Station in the 4th quarter worth $174,000. Caitong International Asset Management Co. Ltd bought a new stake in Gemini Space Station in the fourth quarter valued at about $88,000. Aristides Capital LLC acquired a new position in Gemini Space Station in the fourth quarter valued at about $164,000. Invesco Ltd. acquired a new position in Gemini Space Station in the fourth quarter valued at about $173,000. Finally, Quadrature Capital Ltd bought a new position in Gemini Space Station during the fourth quarter worth about $160,000.

More 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

About Gemini Space Station

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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.