Gemini Space Station (NASDAQ:GEMI) Shares Down 7.1% – Time to Sell?

Posted by Brenda Bartman on May 21st, 2026

Shares of Gemini Space Station, Inc. (NASDAQ:GEMI – Get Free Report) dropped 7.1% on Tuesday . The company traded as low as $4.93 and last traded at $4.99. Approximately 1,271,302 shares traded hands during trading, a decline of 33% from the average daily volume of 1,908,341 shares. The stock had previously closed at $5.37.

Analyst Upgrades and Downgrades

GEMI has been the subject of a number of recent research reports. Mizuho decreased their price target on shares of Gemini Space Station from $26.00 to $12.00 and set an “outperform” rating for the company in a research note on Monday, March 23rd. Evercore cut 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 report on Friday, February 6th. Wall Street Zen upgraded shares of Gemini Space Station from a “strong sell” rating to a “hold” rating in a research note on Saturday, May 16th. Morgan Stanley dropped their target price on Gemini Space Station from $13.00 to $6.00 and set an “equal weight” rating on the stock in a report on Friday, April 10th. Finally, Needham & Company LLC decreased their price target on Gemini Space Station from $10.00 to $8.00 and set a “buy” rating for the company in a report on Monday, March 23rd. Three analysts have rated the stock with a Buy rating, eight have assigned a Hold rating and two have issued a Sell rating to the company’s stock. According to MarketBeat.com, Gemini Space Station currently has an average rating of “Hold” and a consensus target price of $12.52.

Check Out Our Latest Stock Analysis on Gemini Space Station

Gemini Space Station Price Performance

The company has a market capitalization of $634.75 million and a PE ratio of -1.34. The company’s 50 day simple moving average is $5.19 and its 200 day simple moving average is $8.52.

Gemini Space Station (NASDAQ:GEMI – Get Free Report) last announced 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 business had revenue of $50.27 million for the quarter. The firm’s revenue was up 38.3% on a year-over-year basis. On average, equities analysts forecast that Gemini Space Station, Inc. will post -3.56 EPS for the current year.

Insider Buying and Selling

In other Gemini Space Station news, Director Sachin Chand Jaitly sold 39,708 shares of the stock in a transaction that occurred on Wednesday, March 11th. The shares were sold at an average price of $8.92, for a total value of $354,195.36. The sale was disclosed in a document filed with the SEC, which is available through this link.

Hedge Funds Weigh In On Gemini Space Station

Several hedge funds have recently added to or reduced their stakes in GEMI. SG Americas Securities LLC purchased a new position in Gemini Space Station in the third quarter valued at approximately $325,000. Wealth Enhancement Advisory Services LLC purchased a new position in shares of Gemini Space Station during the third quarter worth approximately $248,000. SBI Securities Co. Ltd. purchased a new position in shares of Gemini Space Station during the third quarter worth approximately $51,000. Ground Swell Capital LLC purchased a new position in shares of Gemini Space Station during the third quarter worth approximately $229,000. Finally, Vanguard Group Inc. purchased a new position in shares of Gemini Space Station during the third quarter worth approximately $25,656,000.

Gemini Space Station Company Profile

(Get Free Report)

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.