Gemini Space Station (NASDAQ:GEMI) Rating Lowered to Neutral at Cantor Fitzgerald

Gemini Space Station (NASDAQ:GEMI) was downgraded by research analysts at Cantor Fitzgerald from an “overweight” rating to a “neutral” rating in a research report issued to clients and investors on Wednesday, MarketBeat Ratings reports. They currently have a $8.00 target price on the stock. Cantor Fitzgerald’s target price would suggest a potential upside of 21.40% from the stock’s current price.

Several other equities analysts have also issued reports on the stock. Needham & Company LLC lowered their target price on shares of Gemini Space Station from $35.00 to $23.00 and set a “buy” rating for the company in a report on Monday, December 29th. Truist Financial cut Gemini Space Station from a “buy” rating to a “hold” rating and set a $7.00 price objective for the company. in a research note on Tuesday. Evercore lowered Gemini Space Station from an “outperform” rating to an “in-line” rating and set a $10.00 price target for the company. in a research report on Friday, February 6th. Mizuho reduced 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 note on Wednesday, December 24th. Finally, The Goldman Sachs Group dropped 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 note on Friday, December 5th. Three investment analysts have rated the stock with a Buy rating, nine have issued a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, the company has an average rating of “Hold” and an average price target of $18.36.

Gemini Space Station Stock Performance

Shares of NASDAQ GEMI opened at $6.59 on Wednesday. Gemini Space Station has a 1 year low of $6.30 and a 1 year high of $45.89. The stock has a market cap of $775.31 million and a PE ratio of -3.64. The company’s 50-day simple moving average is $9.90.

Institutional Trading of Gemini Space Station

Several large investors have recently modified their holdings of GEMI. Aristides Capital LLC bought a new stake in Gemini Space Station during the fourth quarter valued at about $164,000. Man Group plc bought a new position in shares of Gemini Space Station in the third quarter worth about $201,000. Sandia Investment Management LP purchased a new stake in shares of Gemini Space Station during the third quarter worth about $228,000. Royal Bank of Canada grew its stake in Gemini Space Station by 1,430.5% during 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, Pentwater Capital Management LP bought a new stake in Gemini Space Station in the 3rd quarter valued at $311,000.

Gemini Space Station News Summary

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

• Neutral Sentiment: Company issued preliminary FY‑2025 revenue guidance of roughly $165M–$175M, which overlaps the street consensus (~$168.9M) — a mixed signal: not a clear beat, but not a large miss either. Gemini Space Station slides 12% after preliminary 2025 outlook and executive departures
• Negative Sentiment: Three top executives (CFO, COO, CLO) abruptly departed just months after the IPO; markets view this as a major governance/execution risk and it triggered the immediate selloff. Gemini Stock Falls Sharply After Top Executives Step Down
• Negative Sentiment: Multiple outlets report the departures came amid recent job cuts and restructuring, amplifying concerns about operational stability during a critical post‑IPO period. Gemini Space Station Executives Depart Amid Job Cuts, Restructuring
• Negative Sentiment: Law firms and Block & Leviton have opened inquiries or encouraged investors to contact them about potential securities claims tied to the executive exits and share decline, increasing legal and reputational risk. Gemini Space Station, Inc. Investigated for Securities Fraud; Block & Leviton Encourages Investors Who Have Lost Money to Contact the Firm
• Negative Sentiment: Analyst reaction: Truist downgraded GEMI from Buy to Hold and cut the price target to $7.00, signaling reduced analyst confidence and limiting near‑term buy‑side support. Finviz
• Negative Sentiment: Reported increases in short interest and heavy intraday trading suggest elevated bearish positioning and volatility risk; that can magnify downside moves if sentiment worsens. (Data sources reported a notable rise in short activity for February.)

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.