$GEMI

Morgan Stanley downgraded Gemini Space Station (GEMI) to Underweight, lowering its price target to $4.75. Analysts cited concerns over revenue growth and profitability, noting intensified competition. GEMI shares are down 55% YTD. The company reported a wider-than-expected Q2 loss, though revenue rose 37% YoY. Analysts from Needham, Rosenblatt, and Mizuho adjusted their price targets, reflecting crypto market challenges.

Bitcoin (BTC) rose to $86,679, driving gains in US-listed crypto-related stocks. Coinbase (COIN) gained 3.99%, Circle (CRCL) 3.75%, and MicroStrategy (MSTR) 3.13%. Other gainers included Gemini (GEMI), SharpLink Gaming (SBET), BitMine (BMNR), and Bullish (BLSH).

Gemini (GEMI) has updated its Zcash (ZEC) software ahead of the NU7 upgrade, which aims to reduce block times from 75 to 25 seconds. The new software, using Zakura, is designed to enhance security and transaction safety. Gemini's stock has fallen 78% over the past year, trading at $5.29. The Winklevoss brothers, who control Gemini, have significant investments in Zcash through Cypherpunk Technologies (CYPH).

Crypto-linked stocks rose as Bitcoin (BTC) surpassed $84,000. B. Riley raised Riot Platform's (RIOT) target to $33, citing sector underperformance, while cutting IREN's (IREN) target to $91. Keefe Bruyette reduced targets for Bullish (BLSH) and Gemini (GEMI) but raised Robinhood's (HOOD) to $115, citing strong volumes.

Gemini (GEMI) shares rose 31% to $5.81 on Friday amid acquisition speculation, though they remain 79% below the IPO price. The company's market cap has fallen to $753M from a peak of $4B. Q2 revenue declined 38%, with spot trading volumes down 66%. The Winklevoss brothers control 94.5% of voting shares, according to CoinDesk.

Gemini Space Station (GEMI) shares rose 31.2% after the SEC announced a 5-year exemption for tokenized stocks, potentially benefiting the company. The SEC's move follows the failure of the CLARITY Act in the Senate. GEMI's market cap is $574M, with a price target range of $3.38-$26.75.

Jim Cramer advised holding Gemini Space Station (GEMI) as a speculative investment. The company reported Q2 revenue of $45.5M, up 37% YoY, driven by non-transaction services. However, exchange revenue fell 38% YoY, and the company posted a net loss of $0.89 per share. GEMI's stock has declined significantly since its IPO, with a current market cap of $540M.

Jim Cramer recommended buying Energy Transfer LP (NYSE:ET), calling it 'terrific.' Stifel analyst Robert Hodges reinstated ET with a Buy rating and $25 price target. Cramer also discussed other stocks, including SentinelOne, Corning, Gemini Space Station, Aveanna Healthcare, Reformation, and HPE, citing various analyst ratings and price targets.

Gemini (GEMI) launched commission-free stock trading for U.S. customers, joining Coinbase (COIN), Kraken, and Block's (XYZ) Cash App. GEMI shares dropped 6% amid a broader market pullback, despite bullish retail sentiment. Bitcoin (BTC) fell below $63,000 after a Monday rally. Gemini aims to expand beyond crypto, as outlined in its Q4 2025 shareholder letter.

Morgan Stanley cut price targets for Gemini (GEMI) to $6 from $13 and Robinhood (HOOD) to $95 from $147, maintaining 'Equal Weight' ratings. GEMI fell 3% to $4.72, while HOOD dropped 1.13% to $69.33. Retail sentiment improved for both. GEMI's average analyst target is $10.22, HOOD's is $106.98.