Cantor Fitzgerald Downgrades Gemini Space Station (NASDAQ:GEMI) to Neutral

Gemini Space Station (NASDAQ:GEMI) was downgraded by equities researchers 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 presently have a $8.00 price objective on the stock. Cantor Fitzgerald’s price target would suggest a potential upside of 21.40% from the company’s previous close.

Several other research analysts have also commented on the stock. The Goldman Sachs Group dropped their price objective on shares of Gemini Space Station from $19.00 to $17.00 and set a “neutral” rating for the company in a research note on Friday, December 5th. Truist Financial cut Gemini Space Station from a “buy” rating to a “hold” rating and set a $7.00 price objective on the stock. in a research note on Tuesday. Needham & Company LLC cut their target price on shares of Gemini Space Station from $35.00 to $23.00 and set a “buy” rating on the stock in a research report on Monday, December 29th. Evercore downgraded 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, Citigroup lowered their target price on Gemini Space Station from $16.00 to $13.00 and set a “neutral” rating for the company in a report on Monday, December 22nd. Three investment analysts have rated the stock with a Buy rating, nine have issued a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, the company presently has a consensus rating of “Hold” and a consensus price target of $18.36.

Gemini Space Station Stock Down 12.8%

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

Hedge Funds Weigh In On Gemini Space Station

Hedge funds and other institutional investors have recently modified their holdings of the stock. SBI Securities Co. Ltd. purchased a new stake in Gemini Space Station during the 3rd quarter worth approximately $51,000. National Bank of Canada FI acquired a new stake in shares of Gemini Space Station during the third quarter worth $123,000. Aristides Capital LLC purchased a new stake in shares of Gemini Space Station during the fourth quarter valued at $164,000. Man Group plc acquired a new position in shares of Gemini Space Station in the 3rd quarter valued at $201,000. Finally, Clear Street Group Inc. acquired a new position in shares of Gemini Space Station in the 4th quarter valued at $219,000.

Key Headlines Impacting Gemini Space Station

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.