Gemini Space Station (NASDAQ:GEMI) Sets New 52-Week Low – Should You Sell?

Gemini Space Station, Inc. (NASDAQ:GEMI) reached a new 52-week low on Thursday . The stock traded as low as $4.91 and last traded at $4.93, with a volume of 2336807 shares trading hands. The stock had previously closed at $5.19.

Key Gemini Space Station News

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

• Neutral Sentiment: Rosenblatt trimmed its price target to $9.00 from $11.50 but kept a “buy” rating — a downward revision that still leaves upside but reduces analyst support. Rosenblatt lowers PT
• Neutral Sentiment: Reported short‑interest data in recent feeds is inconsistent/odd (zeros/NaN), so the short‑interest signal is unclear and should not be relied on until clarified by an official exchange filing.
• Negative Sentiment: Q4 / FY results disappointed — management missed EPS expectations (quarterly EPS shortfall noted in transcripts) and the earnings/call transcripts are drawing investor scrutiny for growth/profitability outlooks. Gemini Space Station (GEMI) Earnings Transcript
• Negative Sentiment: The Law Offices of Frank R. Cruz announced a securities‑fraud investigation into GEMI, citing potential federal securities law violations tied to prior disclosures. Investigations increase legal risk and can materially pressure share prices. Frank R. Cruz investigation
• Negative Sentiment: Hagens Berman and multiple other plaintiff firms have filed or are soliciting participation in class actions alleging misleading IPO disclosures and strategy shifts; numerous firms (Berger Montague, Faruqi & Faruqi, Levi & Korsinsky, Schall, Bernstein Liebhard, Gross, etc.) have issued alerts and reminder deadlines — creating a sustained legal overhang and potential future liabilities. Hagens Berman class action alert
• Negative Sentiment: Multiple analysts/firms (including an analyst noted in recent coverage and broker reports from Needham and Mizuho) have lowered expectations and trimmed targets, adding downward pressure on sentiment and reducing coverage tailwinds. Analyst cuts GEMI target

Analyst Ratings Changes

GEMI has been the topic of several recent research reports. Morgan Stanley decreased their price objective on Gemini Space Station from $29.00 to $13.00 and set an “equal weight” rating on the stock in a report on Monday, December 22nd. Cantor Fitzgerald reissued a “neutral” rating and issued a $8.00 target price (down from $14.00) on shares of Gemini Space Station in a report on Wednesday, February 18th. The Goldman Sachs Group reduced their price target on shares of Gemini Space Station from $19.00 to $17.00 and set a “neutral” rating on the stock in a research report on Friday, December 5th. Rosenblatt Securities decreased their price target on shares of Gemini Space Station from $11.50 to $9.00 and set a “buy” rating on the stock in a research note on Tuesday. Finally, Needham & Company LLC lowered their price objective on shares of Gemini Space Station from $10.00 to $8.00 and set a “buy” rating for the company in a research report on Monday. Three research analysts have rated the stock with a Buy rating, eight have given a Hold rating and two have issued a Sell rating to the company’s stock. According to MarketBeat.com, the stock currently has an average rating of “Hold” and an average price target of $14.32.

Gemini Space Station Stock Down 5.0%

The business has a 50 day moving average of $7.67. The company has a market capitalization of $580.03 million and a P/E ratio of -1.63.

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

Insider Transactions at Gemini Space Station

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

Institutional Investors Weigh In On Gemini Space Station

Several hedge funds and other institutional investors have recently made changes to their positions in GEMI. SBI Securities Co. Ltd. bought a new stake in shares of Gemini Space Station in the 3rd quarter worth about $51,000. National Bank of Canada FI purchased a new position in shares of Gemini Space Station during the 3rd quarter worth about $123,000. Man Group plc bought a new position in Gemini Space Station during the 3rd quarter valued at about $201,000. Caitong International Asset Management Co. Ltd purchased a new stake in Gemini Space Station in the 4th quarter worth about $88,000. Finally, Sandia Investment Management LP purchased a new stake in Gemini Space Station in the 3rd quarter worth about $228,000.

About Gemini Space Station

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.