--- title: "Gemini Space Station (NASDAQ:GEMI) Hits New 52-Week Low on Analyst Downgrade" description: "Gemini Space Station (NASDAQ:GEMI) shares hit a new 52-week low of $6.14 following a downgrade by Needham & Company, which lowered its price target from $23.00 to $10.00. Other analysts have also redu" type: "news" locale: "en" url: "https://longbridge.com/en/news/276351925.md" published_at: "2026-02-19T15:27:57.000Z" --- # Gemini Space Station (NASDAQ:GEMI) Hits New 52-Week Low on Analyst Downgrade > Gemini Space Station (NASDAQ:GEMI) shares hit a new 52-week low of $6.14 following a downgrade by Needham & Company, which lowered its price target from $23.00 to $10.00. Other analysts have also reduced their price targets, with Mizuho setting it at $26.00 and Truist Financial at $7.00. The stock has an average rating of "Hold" and a consensus price target of $18.36. Institutional investors have recently increased their stakes in the company, which has a market cap of $722.37 million and a P/E ratio of -3.39. Gemini Space Station, Inc. (NASDAQ:GEMI - Get Free Report) shares reached a new 52-week low on Thursday after Needham & Company LLC lowered their price target on the stock from $23.00 to $10.00. Needham & Company LLC currently has a buy rating on the stock. Gemini Space Station traded as low as $6.19 and last traded at $6.14, with a volume of 100620 shares trading hands. The stock had previously closed at $6.38. A number of other equities analysts have also recently issued reports on GEMI. Mizuho cut their target price on shares of Gemini Space Station from $30.00 to $26.00 and set an "outperform" rating on the stock in a report on Wednesday, December 24th. 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 report on Tuesday. Morgan Stanley cut their target price on Gemini Space Station from $29.00 to $13.00 and set an "equal weight" rating on the stock in a research note on Monday, December 22nd. Cantor Fitzgerald restated a "neutral" rating and set a $8.00 price target (down previously from $14.00) on shares of Gemini Space Station in a research report on Wednesday. Finally, 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 on the stock in a report on Friday, December 5th. Three investment analysts have rated the stock with a Buy rating, nine have assigned a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat.com, the stock currently has an average rating of "Hold" and a consensus price target of $18.36. Get **Gemini Space Station** alerts: **Read Our Latest Research Report on GEMI** ## Hedge Funds Weigh In On Gemini Space Station Several institutional investors and hedge funds have recently modified their holdings of the stock. SBI Securities Co. Ltd. bought a new position in Gemini Space Station during the third quarter valued at about $51,000. Engineers Gate Manager LP bought a new stake in Gemini Space Station during the fourth quarter worth about $100,000. National Bank of Canada FI acquired a new position in Gemini Space Station in the third quarter worth $123,000. Quadrature Capital Ltd acquired a new stake in Gemini Space Station in the 4th quarter valued at about $160,000. Finally, Aristides Capital LLC bought a new position in Gemini Space Station in the fourth quarter valued at about $164,000. ## Gemini Space Station Trading Down 3.8% The firm has a market cap of $722.37 million and a P/E ratio of -3.39. The firm has a 50-day moving average of $9.80. ## 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. ## See Also - Five stocks we like better than Gemini Space Station - Your Bank Account Is No Longer Safe - NEW LAW: Congress Approves Setup For Digital Dollar? - Buy this Gold Stock Before May 2026 - What a Former CIA Agent Knows About the Coming Collapse - This $15 Stock Could Go Down as the #1 Stock of 2026 *This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.* ## Should You Invest $1,000 in Gemini Space Station Right Now? Before you consider Gemini Space Station, you'll want to hear this. MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Gemini Space Station wasn't on the list. While Gemini Space Station currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys. View The Five Stocks Here ### Related Stocks - [GEMI.US - Gemini Space Station](https://longbridge.com/en/quote/GEMI.US.md) - [GEMG.US - Leverage Shares 2X Long GEMI Daily ETF](https://longbridge.com/en/quote/GEMG.US.md) ## Related News & Research | Title | Description | URL | |-------|-------------|-----| | Gemini Space Station（納斯達克股票代碼：GEMI）在 Cantor Fitzgerald 的評級被下調至中性 | Cantor Fitzgerald 將 Gemini Space Station (NASDAQ:GEMI) 的評級從 “增持” 下調至 “中性”，目標價為 8.00 美元，暗示潛在上漲空間為 21.40%。其他分析師也下調了他們的評級和目 | [Link](https://longbridge.com/en/news/276236268.md) | | Gemini 宣佈其首席運營官、首席財務官和首席法律官將離職，但未説明原因 | Gemini Space Station Inc. 已在 SEC Form 8-K 文件中宣佈其首席運營官 Marshall Beard、首席財務官 Dan Chen 和首席法律官 Tyler Meade 的即時離職。公司未提供他們離職的原 | [Link](https://longbridge.com/en/news/276162599.md) | | GEMI：Block & Leviton 對證券欺詐的調查可能幫助 Gemini Space Station 的投資者追回損失 | Block & Leviton 正在調查 Gemini Space Station, Inc. 是否存在潛在的證券法違規行為，此次調查是由於多位高級管理人員離職後公司股價大幅下跌。遭受損失的投資者可能有資格追回損失，鼓勵他們與該公司聯繫。該 | [Link](https://longbridge.com/en/news/276246759.md) | | 谷歌在 Gemini 中推出了 Lyria 3 | 谷歌在 Gemini 中推出 Lyria 3 | [Link](https://longbridge.com/en/news/276250785.md) | | 為什麼 Gemini Space Station 的股票在週二遭遇重創 | 那天公司發生了幾起令人沮喪的事件 | [Link](https://longbridge.com/en/news/276187415.md) | --- > **Disclaimer**: This article is for reference only and does not constitute any investment advice.