Gemini Space Station (NASDAQ:GEMI) Releases Earnings Results, Misses Expectations By $0.03 EPS

Gemini Space Station (NASDAQ:GEMI) issued its quarterly earnings data on Thursday. The company reported ($0.93) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.90) by ($0.03), FiscalAI reports. The firm had revenue of $50.27 million during the quarter. Gemini Space Station’s quarterly revenue was up 38.3% on a year-over-year basis.

Gemini Space Station Stock Performance

Gemini Space Station stock traded up $0.49 during trading hours on Friday, hitting $5.75. The company had a trading volume of 10,001,626 shares, compared to its average volume of 1,808,357. The firm has a market cap of $690.42 million and a P/E ratio of -1.92. The company has a 50-day moving average price of $5.49 and a two-hundred day moving average price of $8.91. Gemini Space Station has a 1 year low of $3.91 and a 1 year high of $45.89.

Insiders Place Their Bets

In other news, Director Sachin Chand Jaitly sold 39,708 shares of the company’s 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 legal filing with the Securities & Exchange Commission, which is available at this hyperlink.

Institutional Inflows and Outflows

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

Wall Street Analyst Weigh In

A number of analysts have recently commented on the company. Mizuho dropped their price target on Gemini Space Station from $26.00 to $12.00 and set an “outperform” rating on the stock in a research report on Monday, March 23rd. Cantor Fitzgerald reissued a “neutral” rating and set a $8.00 price target (down from $14.00) on shares of Gemini Space Station in a report on Wednesday, February 18th. Truist Financial lowered shares of Gemini Space Station from a “buy” rating to a “hold” rating and set a $7.00 target price for the company. in a research report on Tuesday, February 17th. Evercore cut Gemini Space Station from an “outperform” rating to an “in-line” rating and set a $10.00 price target for the company. in a research report on Friday, February 6th. Finally, The Goldman Sachs Group decreased their price objective on shares of Gemini Space Station from $6.50 to $5.75 and set a “neutral” rating on the stock in a research report on Wednesday, April 8th. Three investment analysts have rated the stock with a Buy rating, eight have assigned a Hold rating and two have given a Sell rating to the company. According to data from MarketBeat, the stock presently has an average rating of “Hold” and a consensus target price of $12.52.

More Gemini Space Station News

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

• Positive Sentiment: Gemini said it received a $100 million strategic investment from Winklevoss Capital Fund, giving the company fresh funding to support growth and signaling insider confidence. Reuters article
• Positive Sentiment: Q1 revenue rose 42% from a year ago, and the loss was narrower than analysts expected, which investors are interpreting as evidence of improving operating momentum. Press release
• Neutral Sentiment: The company also appears to be broadening its business model from a crypto platform into a broader markets company, which could help long-term growth but still carries execution risk. Press release
• Negative Sentiment: Multiple law firms issued reminders and notices about a securities class action, with a lead-plaintiff deadline of May 18, 2026, keeping legal overhang in focus for shareholders. PR Newswire article
• Negative Sentiment: The lawsuit allegations and related notices could pressure sentiment by highlighting claims that IPO documents concealed a corporate pivot and executive turmoil. PR Newswire article

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.