Rosenblatt has initiated coverage on Gemini Space Station Inc (GEMI) with a Buy rating. This marks the firm's first assessment of the company since its IPO on September 12, 2025.
Gemini Space Station, headquartered in New York City, operates in the financial services industry. The company offers a mobile and web-based crypto asset exchange platform, along with proprietary wallet infrastructure and custody solutions. Its product lineup includes high-performance over-the-counter trading solutions, a digital art auction platform, a U.S. dollar-backed stablecoin, and a credit card that rewards customers with crypto assets on purchases.
As of October 6, 2025, GEMI's stock price stands at $10.26, with a market capitalization of $1.2 billion. The company reported a trailing twelve-month EPS of -3.41, and its upcoming earnings report is scheduled for November 10, 2025, with an estimated EPS of -0.79 and revenue of $47.7 million.
The analyst consensus for GEMI includes 2 Strong Buy, 9 Buy, and 5 Hold ratings, reflecting a general outlook of Buy among 16 total analysts. Recent actions from other firms also indicate a growing interest, with Morgan Stanley, Barclays, and Truist Securities initiating coverage with Equal-Weight and Buy ratings, respectively.
Analyst ratings provide insights based on research and financial models. However, they should be considered alongside company fundamentals and market conditions when making investment decisions.