Barclays has initiated coverage on Gemini Space Station Inc (GEMI) with an Equal-Weight rating, effective October 6, 2025. The current share price stands at $10.26.
Gemini Space Station Inc operates in the financial services sector, providing a mobile and web-based crypto asset exchange platform, proprietary wallet infrastructure, and custody solutions. The company also offers over-the-counter trading solutions tailored to institutions, a digital art auction platform, a U.S. dollar-backed stablecoin, and a credit card that rewards customers with crypto assets on purchases. Headquartered in New York City, Gemini went public on September 12, 2025.
The firm has a market capitalization of $1.2 billion and reported a trailing twelve months (TTM) earnings per share (EPS) of -3.41. Upcoming earnings are scheduled for November 10, 2025, with an EPS estimate of -0.79 and revenue estimate of $47.7 million.
As of November 1, 2025, the analyst consensus for Gemini Space Station Inc includes 2 Strong Buy, 9 Buy, and 5 Hold ratings, with no Sell or Strong Sell ratings. This update provides insight into the firm's initial assessment of the company's investment potential based on its research and analysis of industry dynamics and growth prospects.