Rosenblatt Securities Cuts Gemini Space Station (NASDAQ:GEMI) Price Target to $11.50

Gemini Space Station (NASDAQ:GEMI) had its price target trimmed by Rosenblatt Securities from $26.00 to $11.50 in a report released on Friday,Benzinga reports. The firm currently has a buy rating on the stock.

Other equities research analysts also recently issued reports about the company. The Goldman Sachs Group decreased their price objective on Gemini Space Station from $19.00 to $17.00 and set a “neutral” rating for the company in a report on Friday, December 5th. Needham & Company LLC reduced their price target on shares of Gemini Space Station from $23.00 to $10.00 and set a “buy” rating for the company in a research report on Wednesday, February 18th. Citigroup decreased their price target on shares of Gemini Space Station from $16.00 to $13.00 and set a “neutral” rating for the company in a research note on Monday, December 22nd. Evercore downgraded 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. Finally, Cantor Fitzgerald reaffirmed 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. Three research analysts have rated the stock with a Buy rating, nine have given a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, the stock presently has an average rating of “Hold” and a consensus target price of $16.68.

Gemini Space Station Stock Performance

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

Institutional Investors Weigh In On Gemini Space Station

Several institutional investors have recently made changes to their positions in GEMI. SBI Securities Co. Ltd. purchased a new position in shares of Gemini Space Station in the 3rd quarter valued at about $51,000. National Bank of Canada FI purchased a new position in Gemini Space Station in the 3rd quarter valued at approximately $123,000. Man Group plc purchased a new stake in Gemini Space Station during the third quarter worth $201,000. Sandia Investment Management LP purchased a new stake in Gemini Space Station during the third quarter worth $228,000. Finally, Ground Swell Capital LLC acquired a new stake in Gemini Space Station in the third quarter valued at $229,000.

Trending Headlines about 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.