Gemini Space Station (NASDAQ:GEMI) Reaches New 12-Month Low – What’s Next?

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

Gemini Space Station News Summary

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

Wall Street Analyst Weigh In

Several equities research analysts recently issued reports on GEMI shares. 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. Mizuho lowered their price target on shares of Gemini Space Station from $26.00 to $12.00 and set an “outperform” rating on the stock in a report on Monday. Truist Financial lowered shares of Gemini Space Station from a “buy” rating to a “hold” rating and set a $7.00 price target for the company. in a research report on Tuesday, February 17th. Evercore cut shares of Gemini Space Station from an “outperform” rating to an “in-line” rating and set a $10.00 price objective for the company. in a research note on Friday, February 6th. Finally, Needham & Company LLC decreased their price objective on shares of Gemini Space Station from $10.00 to $8.00 and set a “buy” rating on the stock in a research report on Monday. Three investment analysts have rated the stock with a Buy rating, eight have given a Hold rating and two have given a Sell rating to the stock. Based on data from MarketBeat, the company currently has a consensus rating of “Hold” and an average target price of $14.32.

Gemini Space Station Stock Performance

The company has a 50-day moving average price of $7.67. The firm has a market cap of $580.03 million and a PE ratio of -1.63.

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

Insider Activity

In other news, Director Sachin Chand Jaitly sold 39,708 shares of the business’s stock in a transaction on Wednesday, March 11th. The shares were sold at an average price of $8.92, for a total value of $354,195.36. The transaction was disclosed in a filing with the SEC, which is available at the SEC website.

Institutional Trading of Gemini Space Station

Institutional investors and hedge funds have recently bought and sold shares of the stock. SBI Securities Co. Ltd. purchased a new stake in Gemini Space Station in the 3rd quarter worth $51,000. Caitong International Asset Management Co. Ltd purchased a new position in shares of Gemini Space Station during the fourth quarter valued at about $88,000. Engineers Gate Manager LP bought a new stake in shares of Gemini Space Station in the fourth quarter worth about $100,000. National Bank of Canada FI bought a new stake in shares of Gemini Space Station in the third quarter worth about $123,000. Finally, Quadrature Capital Ltd purchased a new stake in shares of Gemini Space Station in the fourth quarter worth about $160,000.

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.