Gemini Space Station (NASDAQ:GEMI) Given New $9.00 Price Target at Rosenblatt Securities

Gemini Space Station (NASDAQ:GEMI) had its target price reduced by Rosenblatt Securities from $11.50 to $9.00 in a report released on Tuesday,Benzinga reports. They currently have a buy rating on the stock.

GEMI has been the subject of several other reports. Citigroup downgraded shares of Gemini Space Station from a “neutral” rating to a “sell” rating and dropped their target price for the company from $13.00 to $5.50 in a report on Wednesday, March 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 report on Friday, December 5th. Truist Financial lowered shares of Gemini Space Station from a “buy” rating to a “hold” rating and set a $7.00 price target on the stock. in a research report on Tuesday, February 17th. Needham & Company LLC dropped 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 note on Monday. Finally, Morgan Stanley cut their price objective on Gemini Space Station from $29.00 to $13.00 and set an “equal weight” rating for the company in a research report on Monday, December 22nd. Three analysts have rated the stock with a Buy rating, eight have given a Hold rating and two have assigned a Sell rating to the stock. According to MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus target price of $14.32.

Gemini Space Station Price Performance

Gemini Space Station stock opened at $5.19 on Tuesday. The firm has a market capitalization of $610.60 million and a price-to-earnings ratio of -2.87. Gemini Space Station has a fifty-two week low of $5.12 and a fifty-two week high of $45.89. The firm has a fifty day moving average price of $7.78.

Gemini Space Station (NASDAQ:GEMI) last released its quarterly earnings results 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 Buying and Selling

In related news, Director Sachin Chand Jaitly sold 39,708 shares of the business’s stock in a transaction dated Wednesday, March 11th. The shares were 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 at this hyperlink.

Institutional Investors Weigh In On Gemini Space Station

Several hedge funds have recently modified their holdings of the company. Hsbc Holdings PLC purchased a new stake in shares of Gemini Space Station during the fourth quarter worth about $174,000. Caitong International Asset Management Co. Ltd acquired a new position in shares of Gemini Space Station in the fourth quarter valued at approximately $88,000. Aristides Capital LLC purchased a new position in shares of Gemini Space Station during the fourth quarter valued at approximately $164,000. Invesco Ltd. purchased a new position in shares of Gemini Space Station during the fourth quarter valued at approximately $173,000. Finally, Quadrature Capital Ltd acquired a new stake in Gemini Space Station during the fourth quarter worth approximately $160,000.

Key Headlines Impacting Gemini Space Station

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

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.