Rosenblatt Securities Lowers Gemini Space Station (NASDAQ:GEMI) Price Target to $9.00

Gemini Space Station (NASDAQ:GEMI) had its price objective lowered by research analysts at Rosenblatt Securities from $11.50 to $9.00 in a report released on Tuesday,Benzinga reports. The firm currently has a “buy” rating on the stock. Rosenblatt Securities’ price target would suggest a potential upside of 68.07% from the stock’s previous close.

Several other research firms also recently commented on GEMI. Citigroup downgraded Gemini Space Station from a “neutral” rating to a “sell” rating and cut their target price for the stock from $13.00 to $5.50 in a research report on Wednesday, March 18th. Truist Financial lowered 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, February 17th. The Goldman Sachs Group cut 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. Mizuho reduced their target price on shares of Gemini Space Station from $26.00 to $12.00 and set an “outperform” rating on the stock in a research note on Monday. Finally, Morgan Stanley lowered their target price on shares of Gemini Space Station from $29.00 to $13.00 and set an “equal weight” rating on the stock in a report on Monday, December 22nd. Three analysts have rated the stock with a Buy rating, eight have issued a Hold rating and two have given a Sell rating to the company’s stock. Based on data from MarketBeat.com, Gemini Space Station presently has a consensus rating of “Hold” and an average price target of $14.32.

Gemini Space Station Stock Performance

NASDAQ GEMI traded down $0.42 on Tuesday, reaching $5.36. The company’s stock had a trading volume of 1,354,935 shares, compared to its average volume of 1,690,009. Gemini Space Station has a 52 week low of $5.22 and a 52 week high of $45.89. The stock has a market capitalization of $630.02 million and a price-to-earnings ratio of -2.96. The company’s 50-day moving average price is $7.89.

Gemini Space Station (NASDAQ:GEMI) last announced its quarterly earnings results on Thursday, March 19th. The company reported ($1.22) EPS for the quarter, missing analysts’ consensus estimates of ($1.06) by ($0.16). The business had revenue of $60.34 million for the quarter.

Insider Buying and Selling at Gemini Space Station

In related news, Director Sachin Chand Jaitly sold 39,708 shares of Gemini Space Station stock in a transaction dated Wednesday, March 11th. The stock was sold at an average price of $8.92, for a total value of $354,195.36. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link.

Institutional Inflows and Outflows

Large investors have recently added to or reduced their stakes in the business. SBI Securities Co. Ltd. acquired a new stake in Gemini Space Station in the third quarter worth $51,000. National Bank of Canada FI acquired a new position in shares of Gemini Space Station in the 3rd quarter valued at $123,000. Man Group plc bought a new stake in shares of Gemini Space Station in the 3rd quarter valued at $201,000. Caitong International Asset Management Co. Ltd acquired a new stake in Gemini Space Station during the 4th quarter worth $88,000. Finally, Sandia Investment Management LP acquired a new stake in Gemini Space Station during the 3rd quarter worth $228,000.

Key Stories Impacting Gemini Space Station

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

• Positive Sentiment: Needham reaffirmed a Buy rating on GEMI while lowering its price target to $8, keeping institutional buy-side support despite a reduced headline target. Refocused Core Strategy and In‑House Prediction Markets Underpin Buy Rating on Gemini Space Station, Inc.
• Neutral Sentiment: Mizuho cut its price target sharply from $26 to $12 but kept an “outperform” rating — a material downgrade in upside expectations even though the firm still sees long-term outperformance potential. Mizuho price target note (Benzinga)
• Neutral Sentiment: Reported short-interest data in filings appears inconsistent (shows zero shares and NaN changes), so there is no clear short-squeeze or coordinated shorting signal from the available data.
• Negative Sentiment: Multiple law firms have issued shareholder alerts or filed securities class actions alleging misstatements around the IPO and subsequent disclosures — a major near-term legal overhang that increases potential liabilities and investor uncertainty. Barrack, Rodos & Bacine notified shareholders of a class action. Barrack, Rodos & Bacine notice
• Negative Sentiment: Additional shareholder alerts filed by Bernstein Liebhard LLP and The Gross Law Firm expand the pool of potential claimants and media attention, compounding downside risk. Bernstein Liebhard alert The Gross Law Firm alert
• Negative Sentiment: Faruqi & Faruqi, LLP issued a shareholder reminder about the May 18, 2026 deadline for claims — another sign the litigation campaign is active and ongoing. Faruqi & Faruqi reminder
• Negative Sentiment: Wall Street coverage turned more cautious: a noted analyst cut GEMI’s target by ~20%, signaling reduced conviction among some sell-side analysts and lowering near-term sentiment. Wall Street analyst cuts target

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.