Cantor Fitzgerald has initiated coverage on Gemini Space Station Inc (GEMI) with an Overweight rating as of October 6, 2025. This marks the firm's first assessment of the company's investment potential based on its research and analysis of Gemini's business model, industry dynamics, and growth prospects.
Headquartered in New York City, Gemini Space Station Inc operates in the financial services sector. The company offers a mobile and web-based crypto asset exchange platform, proprietary wallet infrastructure, custody solutions, and over-the-counter trading services tailored for institutions and professionals. Additionally, it provides a digital art auction platform and a proprietary U.S. dollar-backed stablecoin, alongside a credit card that rewards users with crypto assets on purchases.
As of November 20, 2025, Gemini Space Station Inc has a market capitalization of $1.2 billion and reported a trailing twelve-month EPS of -3.41. The company is scheduled to announce its upcoming earnings on November 10, 2025, with an estimated EPS of -0.79 and revenue of $47.7 million.
The move underscores a growing interest in Gemini, which has recently faced challenges reflected in its Q3 2025 earnings, where it reported an EPS of -3.41, significantly below the estimated -0.79, resulting in a surprise of -330.0%. Analyst consensus indicates a Buy rating, with 2 Strong Buy, 9 Buy, and 5 Hold ratings among 16 total analysts.
This update provides insight into the evolving perceptions of Gemini Space Station Inc in the financial services landscape, particularly in the cryptocurrency sector, as analysts continue to evaluate its market position and growth trajectory.