Gemini Space Station, Inc.

NasdaqGS:GEMI Stock Report

Market Cap: US$468.0m

Gemini Space Station Future Growth

Future criteria checks 0/6

Geminice Station is forecast to grow earnings and revenue by 24.2% and 11.5% per annum respectively. EPS is expected to grow by 32.5% per annum. Return on equity is forecast to be -81.1% in 3 years.

Key information

24.2%

Earnings growth rate

32.47%

EPS growth rate

Capital Markets earnings growth12.2%
Revenue growth rate11.5%
Future return on equity-81.15%
Analyst coverage

Good

Last updated17 Aug 2026

Recent future growth updates

Recent updates

Analysis Article Aug 17

Gemini Space Station, Inc. (NASDAQ:GEMI) Analysts Are Cutting Their Estimates: Here's What You Need To Know

Gemini Space Station, Inc. ( NASDAQ:GEMI ) shareholders are probably feeling a little disappointed, since its shares...
Narrative Update Aug 16

GEMI: Slowing Customer Momentum And Marketing Cuts Will Pressure Future Profitability

Analysts cut the Gemini Space Station price target to a range centered near $4 to $8 from prior levels around $5.50 to $10. This reflects updated expectations for slower revenue growth, a slightly higher discount rate, modestly stronger profit margins, and a lower future P/E multiple.
Seeking Alpha Aug 05

Gemini Space Station: Goldman Just Handed You The Entry Point

Summary Gemini Space Station, Inc. is rated Speculative Buy with a 12-month price target of $7–$8, despite a 90% post-IPO decline. GEMI’s unique regulatory stack (DCM, DCO, FINRA) is valued near zero by the market, yet provides a competitive moat competitors cannot quickly replicate. Revenue grew 42% in Q1 2026 despite a 53% spot trading volume decline, with new products (prediction markets, equities, agentic trading) driving diversification. Key risks include the $1.2B NYAG lawsuit, spot volume share loss, credit book delinquency, and dilution risk; Q2 earnings on August 13 is the next binary catalyst. Read the full article on Seeking Alpha
Narrative Update Jul 25

GEMI: Execution Risks And Regulatory Progress Will Shape Fairly Balanced Outlook

Analysts have reduced the Gemini Space Station price target from $15.00 to $4.00, citing lower modeled revenue growth and profit margins, along with a more conservative future P/E multiple, despite broadly constructive sector commentary on Q2 earnings and volumes. Analyst Commentary Recent research on Gemini Space Station points to a more cautious stance, with several bearish analysts trimming price targets and emphasizing execution and valuation risks, even as sector commentary around Q2 volumes and earnings remains constructive.
Narrative Update Jul 10

GEMI: Sector Volatility And New Licenses Will Support Future Upside

For Gemini Space Station, the analyst price target has been reduced from $27.00 to $10.00. Analysts cited updated assumptions around revenue growth, profit margins, discount rates, and sector commentary from recent Street research to support the reset.
Narrative Update Jun 26

GEMI: Future Earnings Power Will Be Tested By Slower Revenue Scaling

Analysts have reduced their fair value estimate for Gemini Space Station from $19.25 to about $6.58, citing more measured expectations for revenue growth, a slightly lower discount rate, and a reduced future P/E assumption, while keeping profit margin forecasts broadly similar. Analyst Commentary Recent Street research on Gemini Space Station has mainly focused on aligning price targets with updated assumptions for revenue growth and future P/E, while keeping profit margin expectations largely intact.
New Narrative Jan 22

Long-Term Onchain And Staking Adoption Will Support This Bullish Crypto Platform Thesis

Catalysts About Gemini Space Station Gemini operates a regulated crypto platform that connects retail and institutional users to trading, credit card, custody, staking and onchain products. What are the underlying business or industry changes driving this perspective?

Earnings and Revenue Growth Forecasts

NasdaqGS:GEMI - Analysts future estimates and past financials data (USD Millions)
DateRevenueEarningsFree Cash FlowCash from OpAvg. No. Analysts
12/31/2028274-326N/AN/A3
12/31/2027221-309-56-2138
12/31/2026182-376-116-2157
6/30/2026207-517-313-305N/A
3/31/2026195-543-263-254N/A
12/31/2025180-583-226-218N/A
9/30/2025163-469-92-85N/A
6/30/2025136-400-38-32N/A
3/31/2025140-287-86-80N/A
12/31/2024142-159-115-109N/A
12/31/202398-320-214-207N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: GEMI is forecast to remain unprofitable over the next 3 years.

Earnings vs Market: GEMI is forecast to remain unprofitable over the next 3 years.

High Growth Earnings: GEMI is forecast to remain unprofitable over the next 3 years.

Revenue vs Market: GEMI's revenue (11.5% per year) is forecast to grow slower than the US market (13% per year).

High Growth Revenue: GEMI's revenue (11.5% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: GEMI is forecast to be unprofitable in 3 years.


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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/08/18 22:04
End of Day Share Price 2026/08/18 00:00
Earnings2026/06/30
Annual Earnings2025/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

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Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Gemini Space Station, Inc. is covered by 10 analysts. 8 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Brett KnoblauchCantor Fitzgerald & Co.
Peter ChristiansenCitigroup Inc
Adam FrischEvercore ISI