Gemini Space Station Shares Drop Nearly 10% Amid Executive Departures
Written by Emily J. Thompson, Senior Investment Analyst
Updated: 2 hours ago
0mins
Should l Buy GEMI?
Source: seekingalpha
- Executive Departures Impact: Gemini Space Station announced the departure of COO Marshall Beard, CFO Dan Chen, and Chief Legal Officer Tyler Meade effective February 17, 2026, leading to a nearly 10% drop in premarket shares, indicating market sensitivity to executive changes.
- Financial Responsibility Restructuring: Many of Beard's duties will be assumed by Cameron Winklevoss, while the company has no plans to appoint a new COO at this time, which may affect operational efficiency and revenue generation capabilities.
- Interim CFO Appointment: Danijela Stojanovic has been appointed as interim CFO effective immediately, having served as the company's Chief Accounting Officer since May 2025, a move aimed at ensuring continuity in financial management.
- Revenue Growth Expectations: The company expects net revenue for 2025 to be in the range of $165 million to $175 million, up from $141 million in 2024, primarily driven by increased credit card revenue, although adjusted EBITDA is still projected to remain in negative territory.
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Analyst Views on GEMI
Wall Street analysts forecast GEMI stock price to rise
9 Analyst Rating
6 Buy
3 Hold
0 Sell
Moderate Buy
Current: 7.560
Low
11.00
Averages
18.78
High
26.00
Current: 7.560
Low
11.00
Averages
18.78
High
26.00
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.
GEMINI SPACE STATION'S SHARES DROP 13.4% FOLLOWING CO-ISSUED FY GUIDANCE AND ANNOUNCEMENT OF COO, CFO, CLO DEPARTURES
GEMINI Space Stations: GEMINI's shares have slid by 13.4% following the issuance of guidance for the fiscal year.
Company Response: The CFO of GEMINI, along with other executives, has commented on the situation, indicating a strategic approach moving forward.
See More
Gemini Space Station Shares Drop Nearly 10% Amid Executive Departures
- Executive Departures Impact: Gemini Space Station announced the departure of COO Marshall Beard, CFO Dan Chen, and Chief Legal Officer Tyler Meade effective February 17, 2026, leading to a nearly 10% drop in premarket shares, indicating market sensitivity to executive changes.
- Financial Responsibility Restructuring: Many of Beard's duties will be assumed by Cameron Winklevoss, while the company has no plans to appoint a new COO at this time, which may affect operational efficiency and revenue generation capabilities.
- Interim CFO Appointment: Danijela Stojanovic has been appointed as interim CFO effective immediately, having served as the company's Chief Accounting Officer since May 2025, a move aimed at ensuring continuity in financial management.
- Revenue Growth Expectations: The company expects net revenue for 2025 to be in the range of $165 million to $175 million, up from $141 million in 2024, primarily driven by increased credit card revenue, although adjusted EBITDA is still projected to remain in negative territory.
See More
US Stock Market Opens with Overall Decline in Cryptocurrency Stocks; MSTR Falls by 2.73%
Market Performance: At the opening of the US stock market, the Dow Jones fell by 31 points, the S&P 500 decreased by 0.24%, and the Nasdaq dropped by 0.59%.
Cryptocurrency Stocks: Cryptocurrency-related stocks experienced declines across the board, with notable drops including MSTR down 2.73%, BMNR down 2.56%, COIN down 0.75%, and GEMI down 8.6%.
See More
Gemini Space Station Shares Surge Amid Bitcoin Rally
- Price Surge Reason: Gemini Space Station shares surged 12.39% to $7.53 due to a risk-on sentiment, reflecting market optimism towards cryptocurrencies.
- Bitcoin's Impact: Given that a significant portion of the company's revenue is linked to Bitcoin trading, payment processing, and digital asset services, analysts believe rising Bitcoin prices will enhance GEMI's transaction volumes and margins, improving earnings visibility.
- Technical Indicator Analysis: Currently, GEMI is trading 14% below its 20-day simple moving average and 48.6% below its 100-day SMA, indicating short-term challenges, with a 76.89% decline over the past 12 months.
- Investor Confidence: The Winklevoss twins' donation of $1.4 million to support the Zcash network emphasizes the importance of privacy in crypto, potentially bolstering investor confidence in Gemini, despite the stock being near its 52-week lows.
See More
Gemini Space Station Downgraded by Evercore ISI Amid Cost-Cutting Measures
- Job Cuts Announcement: Gemini Space Station has announced a reduction of approximately 200 jobs as part of its cost-cutting initiative, which may negatively impact operational efficiency in the short term while potentially affecting employee morale and customer trust.
- Market Exit Strategy: The company plans to wind down operations in the U.K., Australia, the EU, and other European jurisdictions while maintaining its presence in the U.S. and Singapore, a strategic shift that could lead to short-term revenue declines but helps focus on core markets for long-term sustainability.
- Rating Downgrade: Evercore ISI has downgraded Gemini's stock rating from Outperform to In Line and reduced the price target from $15.00 to $10.00, reflecting analysts' concerns about the company's short-term growth prospects, although long-term potential remains optimistic.
- Market Reaction: Despite the downgrade, Gemini's shares rose 4.52% in pre-market trading to $7.00, indicating market confidence in the company's future, especially as analysts suggest that the decision could lead to 'addition by subtraction' in the long run.
See More
Gemini Exchange Shares Plunge 19.7% Amid Restructuring
- Stock Price Decline: Shares of Gemini Space Station fell by 19.7% in the week leading to Friday, reflecting operational pressures amid declining cryptocurrency prices, particularly affecting transaction revenues from major assets like Bitcoin and Ethereum.
- Revenue Outlook Impacted: The collapse in cryptocurrency prices is expected to significantly impact Gemini's trading revenues, as the dollar value of its custodial assets decreases, further squeezing custodial fee income and potentially leading to a decline in overall profitability.
- Global Layoffs and Market Exit: The company announced global layoffs and plans to exit operations in the UK, EU, and Australia, shifting focus to the US market, a strategic move aimed at cost reduction and bringing the company closer to profitability, highlighting survival pressures in the current market environment.
- Management Focus on New Ventures: The Winklevoss twins will concentrate on expanding the prediction markets business and the cryptocurrency exchange in the US, aiming to diversify operations to tackle market challenges and seek new growth opportunities.
See More
GEMINI SPACE STATION'S SHARES DROP 13.4% FOLLOWING CO-ISSUED FY GUIDANCE AND ANNOUNCEMENT OF COO, CFO, CLO DEPARTURES
GEMINI Space Stations: GEMINI's shares have slid by 13.4% following the issuance of guidance for the fiscal year.
Company Response: The CFO of GEMINI, along with other executives, has commented on the situation, indicating a strategic approach moving forward.
See More
Gemini Space Station Shares Drop Nearly 10% Amid Executive Departures
- Executive Departures Impact: Gemini Space Station announced the departure of COO Marshall Beard, CFO Dan Chen, and Chief Legal Officer Tyler Meade effective February 17, 2026, leading to a nearly 10% drop in premarket shares, indicating market sensitivity to executive changes.
- Financial Responsibility Restructuring: Many of Beard's duties will be assumed by Cameron Winklevoss, while the company has no plans to appoint a new COO at this time, which may affect operational efficiency and revenue generation capabilities.
- Interim CFO Appointment: Danijela Stojanovic has been appointed as interim CFO effective immediately, having served as the company's Chief Accounting Officer since May 2025, a move aimed at ensuring continuity in financial management.
- Revenue Growth Expectations: The company expects net revenue for 2025 to be in the range of $165 million to $175 million, up from $141 million in 2024, primarily driven by increased credit card revenue, although adjusted EBITDA is still projected to remain in negative territory.
See More
US Stock Market Opens with Overall Decline in Cryptocurrency Stocks; MSTR Falls by 2.73%
Market Performance: At the opening of the US stock market, the Dow Jones fell by 31 points, the S&P 500 decreased by 0.24%, and the Nasdaq dropped by 0.59%.
Cryptocurrency Stocks: Cryptocurrency-related stocks experienced declines across the board, with notable drops including MSTR down 2.73%, BMNR down 2.56%, COIN down 0.75%, and GEMI down 8.6%.
See More
Gemini Space Station Shares Surge Amid Bitcoin Rally
- Price Surge Reason: Gemini Space Station shares surged 12.39% to $7.53 due to a risk-on sentiment, reflecting market optimism towards cryptocurrencies.
- Bitcoin's Impact: Given that a significant portion of the company's revenue is linked to Bitcoin trading, payment processing, and digital asset services, analysts believe rising Bitcoin prices will enhance GEMI's transaction volumes and margins, improving earnings visibility.
- Technical Indicator Analysis: Currently, GEMI is trading 14% below its 20-day simple moving average and 48.6% below its 100-day SMA, indicating short-term challenges, with a 76.89% decline over the past 12 months.
- Investor Confidence: The Winklevoss twins' donation of $1.4 million to support the Zcash network emphasizes the importance of privacy in crypto, potentially bolstering investor confidence in Gemini, despite the stock being near its 52-week lows.
See More
Gemini Space Station Downgraded by Evercore ISI Amid Cost-Cutting Measures
- Job Cuts Announcement: Gemini Space Station has announced a reduction of approximately 200 jobs as part of its cost-cutting initiative, which may negatively impact operational efficiency in the short term while potentially affecting employee morale and customer trust.
- Market Exit Strategy: The company plans to wind down operations in the U.K., Australia, the EU, and other European jurisdictions while maintaining its presence in the U.S. and Singapore, a strategic shift that could lead to short-term revenue declines but helps focus on core markets for long-term sustainability.
- Rating Downgrade: Evercore ISI has downgraded Gemini's stock rating from Outperform to In Line and reduced the price target from $15.00 to $10.00, reflecting analysts' concerns about the company's short-term growth prospects, although long-term potential remains optimistic.
- Market Reaction: Despite the downgrade, Gemini's shares rose 4.52% in pre-market trading to $7.00, indicating market confidence in the company's future, especially as analysts suggest that the decision could lead to 'addition by subtraction' in the long run.
See More
Gemini Exchange Shares Plunge 19.7% Amid Restructuring
- Stock Price Decline: Shares of Gemini Space Station fell by 19.7% in the week leading to Friday, reflecting operational pressures amid declining cryptocurrency prices, particularly affecting transaction revenues from major assets like Bitcoin and Ethereum.
- Revenue Outlook Impacted: The collapse in cryptocurrency prices is expected to significantly impact Gemini's trading revenues, as the dollar value of its custodial assets decreases, further squeezing custodial fee income and potentially leading to a decline in overall profitability.
- Global Layoffs and Market Exit: The company announced global layoffs and plans to exit operations in the UK, EU, and Australia, shifting focus to the US market, a strategic move aimed at cost reduction and bringing the company closer to profitability, highlighting survival pressures in the current market environment.
- Management Focus on New Ventures: The Winklevoss twins will concentrate on expanding the prediction markets business and the cryptocurrency exchange in the US, aiming to diversify operations to tackle market challenges and seek new growth opportunities.
See More
