Gemini Space Station (NASDAQ:GEMI) Price Target Lowered to $12.00 at Mizuho

Gemini Space Station (NASDAQ:GEMI) had its target price cut by Mizuho from $26.00 to $12.00 in a research report sent to investors on Monday morning,Benzinga reports. They currently have an outperform rating on the stock.

Several other research analysts have also recently weighed in on GEMI. Weiss Ratings reaffirmed a “sell (d)” rating on shares of Gemini Space Station in a research report on Monday, December 29th. Citigroup cut Gemini Space Station from a “neutral” rating to a “sell” rating and cut their target price for the company from $13.00 to $5.50 in a research note on Wednesday, March 18th. Evercore lowered shares of Gemini Space Station from an “outperform” rating to an “in-line” rating and set a $10.00 price objective on the stock. in a research report on Friday, February 6th. Needham & Company LLC reduced their target price on shares of Gemini Space Station from $10.00 to $8.00 and set a “buy” rating for the company in a report on Monday. Finally, Cantor Fitzgerald restated a “neutral” rating and set a $8.00 price objective (down from $14.00) on shares of Gemini Space Station in a research note on Wednesday, February 18th. Three equities research analysts have rated the stock with a Buy rating, eight have issued a Hold rating and two have issued a Sell rating to the company’s stock. According to MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus target price of $14.55.

Gemini Space Station Price Performance

Gemini Space Station stock opened at $5.77 on Monday. The firm has a 50 day moving average of $7.89. Gemini Space Station has a twelve month low of $5.49 and a twelve month high of $45.89. The firm has a market capitalization of $678.84 million and a PE ratio of -3.19.

Gemini Space Station (NASDAQ:GEMI) last issued its quarterly earnings data 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 for the quarter.

Insider Buying and Selling

In other 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 transaction of $354,195.36. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link.

Hedge Funds Weigh In On Gemini Space Station

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

Key Gemini Space Station News

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

• Positive Sentiment: Needham continued to support GEMI with a Buy rating (reduced price target to $8) citing a refocused core strategy and in‑house initiatives — this leaves a near‑term analyst buyer base. Refocused Core Strategy and In‑House Prediction Markets Underpin Buy Rating
• Neutral Sentiment: Mizuho cut its price target sharply from $26 to $12 but kept an “outperform” rating — the lower target reduces upside expectations even though the rating remains constructive. Mizuho Lowers Price Target
• Neutral Sentiment: Evercore ISI issued a Hold on GEMI, which is neutral for near‑term buying pressure and may limit momentum. Evercore ISI Hold
• Neutral Sentiment: Reported short‑interest data is effectively zero/erroneous for March (shows 0 shares and NaN change), so shorting activity does not appear to be a current driver — treat that data cautiously.
• Negative Sentiment: Shareholders are facing new securities class action activity: Barrack, Rodos & Bacine has notified investors of a suit tied to the IPO/class period, adding legal overhang and potential settlement risk. Barrack, Rodos & Bacine Notice
• Negative Sentiment: Faruqi & Faruqi is investigating potential claims and reminded investors of a May 18, 2026 lead‑plaintiff deadline, reinforcing litigation headlines that can pressure the stock. Faruqi & Faruqi Reminder
• Negative Sentiment: Recent weak quarterly results and an EPS miss have driven the stock to a new 12‑month low, a clear negative catalyst for sentiment and likely the primary reason for today’s decline. GEMI Hits New 12‑Month Low Following Weak Earnings

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.