Gemini Space Station (NASDAQ:GEMI) Downgraded to Sell Rating by The Goldman Sachs Group

Posted by George Bondi on Jul 29th, 2026

Gemini Space Station (NASDAQ:GEMI – Get Free Report) was downgraded by research analysts at The Goldman Sachs Group from a “neutral” rating to a “sell” rating in a report released on Wednesday, Marketbeat Ratings reports. They currently have a $4.00 price target on the stock. The Goldman Sachs Group’s price target indicates a potential downside of 8.68% from the stock’s current price.

Several other research analysts have also weighed in on GEMI. Wall Street Zen lowered Gemini Space Station from a “hold” rating to a “sell” rating in a research report on Monday, June 15th. Citigroup cut their price objective on Gemini Space Station from $5.50 to $4.00 and set a “sell” rating on the stock in a report on Tuesday, April 28th. Rosenblatt Securities reaffirmed a “buy” rating and issued a $9.00 price objective on shares of Gemini Space Station in a research note on Monday, May 18th. Truist Financial decreased their target price on Gemini Space Station from $5.00 to $4.50 and set a “hold” rating for the company in a report on Friday, July 24th. Finally, Weiss Ratings raised shares of Gemini Space Station from a “sell (e+)” rating to a “sell (d)” rating in a research report on Friday, May 22nd. Three research analysts have rated the stock with a Buy rating, seven have issued a Hold rating and three have given a Sell rating to the stock. According to data from MarketBeat, the company has a consensus rating of “Hold” and an average target price of $12.09.

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Gemini Space Station Stock Performance

Gemini Space Station stock opened at $4.38 on Wednesday. Gemini Space Station has a 1 year low of $3.83 and a 1 year high of $45.89. The firm has a 50 day moving average price of $4.57 and a 200 day moving average price of $5.90. The company has a market cap of $522.49 million and a price-to-earnings ratio of -1.11.

Gemini Space Station (NASDAQ:GEMI – Get Free Report) last issued its quarterly earnings results on Thursday, May 14th. The company reported ($0.93) EPS for the quarter, missing the consensus estimate of ($0.90) by ($0.03). The company had revenue of $50.27 million for the quarter. The business’s revenue for the quarter was up 38.3% compared to the same quarter last year. Sell-side analysts predict that Gemini Space Station will post -3.37 EPS for the current year.

Institutional Investors Weigh In On Gemini Space Station

Several hedge funds have recently modified their holdings of the stock. Apollon Wealth Management LLC acquired a new position in Gemini Space Station during the 1st quarter worth approximately $44,000. Caitong International Asset Management Co. Ltd acquired a new stake in Gemini Space Station in the fourth quarter valued at approximately $88,000. SBI Securities Co. Ltd. grew its position in Gemini Space Station by 362.1% in the fourth quarter. SBI Securities Co. Ltd. now owns 9,930 shares of the company’s stock valued at $99,000 after acquiring an additional 7,781 shares in the last quarter. Engineers Gate Manager LP purchased a new stake in shares of Gemini Space Station during the fourth quarter valued at approximately $100,000. Finally, National Bank of Canada FI purchased a new stake in shares of Gemini Space Station during the third quarter valued at approximately $123,000.

Gemini Space Station Company Profile

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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.