Gemini Space Station (NASDAQ:GEMI) Price Target Lowered to $5.75 at The Goldman Sachs Group

Gemini Space Station (NASDAQ:GEMI) had its price target lowered by The Goldman Sachs Group from $6.50 to $5.75 in a report issued on Wednesday morning,Benzinga reports. The firm currently has a neutral rating on the stock.

Several other equities research analysts also recently issued reports on the company. Cantor Fitzgerald restated a “neutral” rating and issued a $8.00 price target (down from $14.00) on shares of Gemini Space Station in a report on Wednesday, February 18th. Weiss Ratings restated a “sell (d)” rating on shares of Gemini Space Station in a report on Monday, December 29th. Citigroup downgraded Gemini Space Station from a “neutral” rating to a “sell” rating and lowered their price target for the stock from $13.00 to $5.50 in a report on Wednesday, March 18th. Evercore downgraded Gemini Space Station from an “outperform” rating to an “in-line” rating and set a $10.00 price objective for the company. in a report on Friday, February 6th. Finally, Morgan Stanley decreased their price objective on Gemini Space Station from $29.00 to $13.00 and set an “equal weight” rating for the company in a report on Monday, December 22nd. Three analysts have rated the stock with a Buy rating, eight have given a Hold rating and two have given a Sell rating to the company’s stock. According to MarketBeat, the company has an average rating of “Hold” and a consensus target price of $13.30.

Gemini Space Station Price Performance

Shares of Gemini Space Station stock opened at $4.48 on Wednesday. Gemini Space Station has a 1 year low of $3.91 and a 1 year high of $45.89. The business has a 50-day moving average of $6.52 and a two-hundred day moving average of $11.89. The company has a market capitalization of $527.07 million and a P/E ratio of -1.48.

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

Insiders Place Their Bets

In other news, Director Sachin Chand Jaitly sold 39,708 shares of the firm’s stock in a transaction that occurred on 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 is available through this hyperlink.

Institutional Trading of Gemini Space Station

Hedge funds have recently made changes to their positions in the business. SG Americas Securities LLC bought a new position in shares of Gemini Space Station during the third quarter worth approximately $325,000. Wealth Enhancement Advisory Services LLC bought a new position in shares of Gemini Space Station in the 3rd quarter valued at $248,000. SBI Securities Co. Ltd. bought a new position in shares of Gemini Space Station in the 3rd quarter valued at $51,000. Ground Swell Capital LLC bought a new position in shares of Gemini Space Station in the 3rd quarter valued at $229,000. Finally, Vanguard Group Inc. bought a new position in shares of Gemini Space Station in the 3rd quarter valued at $25,656,000.

Trending Headlines about Gemini Space Station

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

• Positive Sentiment: Intraday buying: GEMI is trading up today, suggesting short‑term buyer interest despite recent volatility.
• Positive Sentiment: Goldman Sachs lowered its price target from $6.50 to $5.75 but maintained a “neutral” rating and still implies roughly 28% upside from current levels. Goldman Sachs price target cut reported by Benzinga
• Neutral Sentiment: Lead‑plaintiff deadline: Multiple notices remind investors that May 18, 2026 is the deadline to seek lead‑plaintiff status in the securities fraud litigation—this is a procedural milestone that will influence how the lawsuits proceed. PR Newswire: GEMI investors May 18 deadline
• Neutral Sentiment: Multiple law firms are soliciting clients and offering to lead the litigation (Faruqi & Faruqi, Bernstein Liebhard, Bragar Eagel & Squire, Schall, Pomerantz, Gross Law Firm, Hagens Berman, others), increasing visibility around the suits but not yet resolving exposure. Hagens Berman investor notice
• Negative Sentiment: Class actions filed: Several firms (including Pomerantz and Hagens Berman) have filed or announced suits alleging material misstatements/omissions in the IPO registration statement and prospectus; claims seek damages under Sections 11, 15, 10(b) and 20(a). Litigation risk can drive legal costs, settlement risk and management distraction. Pomerantz class action announcement
• Negative Sentiment: Magnitude of decline cited: Notices note the stock has traded more than 75% below its IPO price after a series of disclosures—this sharp post‑IPO drop reinforces investor concerns about the company’s disclosures and prospects. Hagens Berman: investor notice citing post‑IPO drop

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.