Gemini Space Station Inc's stock surged by 21.92%, reaching a 20-day high, amid a broader market decline with the Nasdaq-100 down 0.92% and the S&P 500 down 0.18%.
This increase is attributed to Gemini Titan, LLC receiving a Designated Contract Market (DCM) license from the CFTC, allowing it to launch prediction markets. This significant regulatory approval is expected to attract user participation and enhance Gemini's position in the financial services market, despite the overall market weakness.
The implications of this development are substantial, as it opens new avenues for growth in the prediction markets space, potentially increasing trading volume and user engagement through innovative offerings in derivatives and event contracts.
Wall Street analysts forecast GEMI stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for GEMI is 18.78 USD with a low forecast of 11.00 USD and a high forecast of 26.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
9 Analyst Rating
Wall Street analysts forecast GEMI stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for GEMI is 18.78 USD with a low forecast of 11.00 USD and a high forecast of 26.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
6 Buy
3 Hold
0 Sell
Moderate Buy
Current: 8.265
Low
11.00
Averages
18.78
High
26.00
Current: 8.265
Low
11.00
Averages
18.78
High
26.00
Cantor Fitzgerald
Overweight
downgrade
$25 -> $14
2026-01-29
New
Reason
Cantor Fitzgerald
Price Target
$25 -> $14
AI Analysis
2026-01-29
New
downgrade
Overweight
Reason
Cantor Fitzgerald lowered the firm's price target on Gemini to $14 from $25 and keeps an Overweight rating on the shares. The firm's updated model accounts for a weaker crypto trading market in November, December, and so far in January, the analyst tells investors in a research note. While Cantor expects volumes to be down in 2026 vs. 2025 for most major exchanges, something that is not unique to Gemini, the firm expects Gemini's path to profitability to take longer.
Truist
Buy
downgrade
$17 -> $13
2026-01-20
Reason
Truist
Price Target
$17 -> $13
2026-01-20
downgrade
Buy
Reason
Truist lowered the firm's price target on Gemini to $13 from $17 and keeps a Buy rating on the shares as part of a broader research note previewing Q4 earnings in FinTech. The quarter's results should be solid, although a tougher y/y comparison may limit volume-related beats, and while Truist is optimistic on the group throughout 2026, some management teams may look to reset Street expectations a bit lower with their original 2026 guidance, the analyst tells investors in a research note.
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Goldman Sachs
Neutral
downgrade
$17 -> $11
2026-01-05
Reason
Goldman Sachs
Price Target
$17 -> $11
2026-01-05
downgrade
Neutral
Reason
Goldman Sachs lowered the firm's price target on Gemini to $11 from $17 and keeps a Neutral rating on the shares. The group remains selectively attractive, supported by forecast 2026 growth of 10% revenue and 8% adjusted EBITDA, with a preference for crypto infrastructure, secular growth areas like prediction markets and tokenization, and structurally advantaged businesses, the analyst tells investors in a research note. The base case assumes continued regulatory reform driving broader institutional adoption, though failure of U.S. crypto market structure legislation would pose a meaningful risk, Goldman adds.
Needham
John Todaro
Buy
downgrade
$35 -> $23
2025-12-29
Reason
Needham
John Todaro
Price Target
$35 -> $23
2025-12-29
downgrade
Buy
Reason
Needham analyst John Todaro lowered the firm's price target on Gemini to $23 from $35 and keeps a Buy rating on the shares. The firm lowered its estimates and price targets across the cryptoasset sector as it sees continued weakness in crypto volumes for the next couple quarters. Even if crypto prices are near a bottom, retail volumes typically remain muted until momentum returns, the analyst tells investors.
About GEMI
Gemini Space Station, Inc. is a holding company. The Company, through its subsidiary, Gemini Space Station, LLC, offers a mobile and Web-based crypto asset exchange platform, proprietary wallet infrastructure and custody solutions, high-performance over-the-counter trading solutions tailored to institutions and professionals, a digital art auction platform, a proprietary United States dollar backed stablecoin, and a credit card product that offers crypto asset rewards on customer purchases. The Company operates globally and provides security solutions across all of its product offerings. Its platform simplifies and secures the process of buying, selling, storing, staking, and collecting digital assets. It provides accessible and straightforward educational resources to help its users understand the intricacies of crypto assets. Its Gemini Credit Card, an innovative credit card made available by Gemini, allows users to earn and grow crypto rewards every time they swipe.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.