Gemini Space Station (NASDAQ:GEMI) Given “Neutral” Rating at Cantor Fitzgerald

Cantor Fitzgerald reaffirmed their neutral rating on shares of Gemini Space Station (NASDAQ:GEMI) in a research report sent to investors on Wednesday, MarketBeat reports. They currently have a $8.00 price target on the stock, down from their prior price target of $14.00.

A number of other equities research analysts also recently commented on GEMI. Truist Financial downgraded Gemini Space Station from a “buy” rating to a “hold” rating and set a $7.00 target price on the stock. in a research report on Tuesday. The Goldman Sachs Group decreased their target price 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. Needham & Company LLC dropped their price target on shares of Gemini Space Station from $35.00 to $23.00 and set a “buy” rating for the company in a research report on Monday, December 29th. Citigroup decreased their price objective on shares of Gemini Space Station from $16.00 to $13.00 and set a “neutral” rating on the stock in a report on Monday, December 22nd. Finally, Mizuho lowered their price objective on shares of Gemini Space Station from $30.00 to $26.00 and set an “outperform” rating for the company in a research report on Wednesday, December 24th. Three analysts have rated the stock with a Buy rating, nine have assigned a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, the stock has a consensus rating of “Hold” and an average price target of $18.36.

Gemini Space Station Price Performance

Shares of NASDAQ GEMI opened at $6.38 on Wednesday. The firm has a market cap of $750.61 million and a P/E ratio of -3.52. The business’s 50 day moving average price is $9.80. Gemini Space Station has a 1 year low of $6.30 and a 1 year high of $45.89.

Institutional Investors Weigh In On Gemini Space Station

Several large investors have recently added to or reduced their stakes in the business. Quadrature Capital Ltd acquired a new stake in Gemini Space Station during the 4th quarter worth approximately $160,000. Engineers Gate Manager LP acquired a new position in shares of Gemini Space Station in the fourth quarter worth $100,000. North Reef Capital Management LP increased its position in shares of Gemini Space Station by 22.3% during the fourth quarter. North Reef Capital Management LP now owns 300,000 shares of the company’s stock worth $2,976,000 after acquiring an additional 54,678 shares during the period. Royal Bank of Canada raised its stake in shares of Gemini Space Station by 1,430.5% in the fourth quarter. Royal Bank of Canada now owns 23,416 shares of the company’s stock valued at $233,000 after acquiring an additional 21,886 shares in the last quarter. Finally, Clear Street Group Inc. purchased a new position in Gemini Space Station in the fourth quarter valued at $219,000.

Gemini Space Station News Summary

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

• Positive Sentiment: Needham cut its price target but kept a “buy” rating, now $10 (from $23), implying material upside versus the current price — a sign one sell-side shop still sees recovery potential. Article Title
• Neutral Sentiment: Cantor Fitzgerald reaffirmed a “neutral” rating but lowered its price target to $8 (from $14), showing reduced investor conviction though still implying some upside. Article Title
• Neutral Sentiment: GEMI issued preliminary FY-2025 revenue guidance of roughly $165M–$175M versus a consensus near $168.9M — broadly in line with estimates but flagged as preliminary, which leaves uncertainty about final results and margin/earnings implications. (company update)
• Negative Sentiment: Truist downgraded GEMI from “buy” to “hold” and cut its target to $7, reducing another source of analyst support and likely adding selling pressure. Article Title
• Negative Sentiment: Major news: three top executives (including CFO/COO/CLO) abruptly left following recent layoffs and a preliminary 2025 outlook — an event that triggered a sharp intraday selloff as investors worry about execution and leadership stability. Article Title
• Negative Sentiment: Block & Leviton and other firms are publicizing investigations into potential securities claims tied to the executive departures and post-IPO price decline, increasing legal/settlement risk and further weighing on sentiment. Article Title
• Negative Sentiment: Broad press coverage (Bloomberg, MarketWatch, MSN, Seeking Alpha) highlights the stock slide, leadership exits and restructuring — amplifying negative sentiment and likely accelerating short-term outflows. Article Title

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.