Rosenblatt Securities Issues Pessimistic Forecast for Gemini Space Station (NASDAQ:GEMI) Stock Price

Gemini Space Station (NASDAQ:GEMI) had its target price lowered by investment analysts at Rosenblatt Securities from $26.00 to $11.50 in a note issued to investors on Friday,Benzinga reports. The firm currently has a “buy” rating on the stock. Rosenblatt Securities’ price objective points to a potential upside of 97.59% from the stock’s current price.

Other equities research analysts have also recently issued research reports about the company. Evercore cut Gemini Space Station from an “outperform” rating to an “in-line” rating and set a $10.00 price objective on the stock. in a report on Friday, February 6th. The Goldman Sachs Group decreased their price target on Gemini Space Station from $19.00 to $17.00 and set a “neutral” rating on the stock in a research note on Friday, December 5th. Mizuho lowered their price target on Gemini Space Station from $30.00 to $26.00 and set an “outperform” rating for the company in a report on Wednesday, December 24th. Cantor Fitzgerald reiterated a “neutral” rating and set a $8.00 price objective (down from $14.00) on shares of Gemini Space Station in a report on Wednesday. Finally, Truist Financial downgraded shares of Gemini Space Station from a “buy” rating to a “hold” rating and set a $7.00 target price for the company. in a report on Tuesday, February 17th. Three equities research analysts have rated the stock with a Buy rating, nine have issued a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, Gemini Space Station currently has a consensus rating of “Hold” and an average price target of $16.68.

Gemini Space Station Stock Performance

Shares of NASDAQ GEMI opened at $5.82 on Friday. The firm has a market capitalization of $684.72 million and a price-to-earnings ratio of -3.22. Gemini Space Station has a 1 year low of $5.79 and a 1 year high of $45.89. The stock’s 50 day moving average price is $9.47.

Institutional Trading of Gemini Space Station

Institutional investors and hedge funds have recently bought and sold shares of the business. Dragoneer Investment Group LLC acquired a new position in Gemini Space Station during the third quarter valued at approximately $38,815,000. Altimeter Capital Management LP purchased a new position in shares of Gemini Space Station in the 3rd quarter valued at $38,336,000. UBS Group AG acquired a new position in shares of Gemini Space Station during the 3rd quarter valued at $31,994,000. Vanguard Group Inc. acquired a new position in shares of Gemini Space Station during the 3rd quarter valued at $25,656,000. Finally, Commonwealth Bank of Australia purchased a new stake in Gemini Space Station during the 4th quarter worth $7,086,000.

Key Stories Impacting 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.

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.