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GEGEMI

Gemini Space Station, Inc.

$GEMI·$500M·Software - Application·Technology
$3.54-1.9%YTD-58.3%1Y-88.9%
Mentions · last 7 days
2026-08-12: 4 posts2026-08-13: 40 posts2026-08-14: 20 posts2026-08-15: 4 posts2026-08-16: 3 posts2026-08-17: 21 posts2026-08-18: 6 posts98+4%
Price updated 7h ago·X counts updated 5h ago
GEGEMI
$GEMIGemini Space Station, Inc.
$3.54-1.94%98 posts+4%
AI analysisFundamentalsVoices on X
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AI verdict & sentimentAI analysisGenerated by AI from underlying data

Top X posts

Today's AI verdict on what's driving $GEMI, plus how loud the X conversation is and which way it's leaning.

AI analysis

TickerTalks’ read on the fundamentals and what’s driving the move.

Broken storyWinding up for a moveAI verdict · as of 2026-08-18

Trading in a tight range and building pressure — a move looks likely soon, but the direction isn't clear yet.

Gemini crypto exchange at 0.5% of 52-week range — services now outstripping transaction revenue, but exchange revenue dropped 38%.

Gemini Space Station is the Winklevoss twins' crypto exchange operating as a public company after the SPAC IPO. The equity has been through a brutal drawdown — down 88% on 12 months and 58% YTD — as crypto trading volumes contracted, but the company is executing a 'super app' pivot that's showing early signs of working.

How the setup reads today:

  • Q2 2026 revenue grew 37% YoY to $45.5M with services (credit card + staking) overtaking transaction revenue for the first time — the diversification thesis is working operationally.
  • Prediction-market volume nearly doubled sequentially, contributing $500K in revenue — small but a distinct product line.
  • Gemini added 1,689 BTC to holdings in Q2 (now 5,528 BTC, Bitcoin 100 rank #20) — a Bitcoin-treasury allocation that adds crypto-price beta.
  • The bear case is real: exchange revenue dropped 38% in a deep crypto slump — the pivot is on track but the core business is contracting faster than new products are ramping.
  • Q2 EPS of -$0.89 missed consensus -$0.70 by 27%; FCF was -$55M in Q1 — the cash-burn is elevated and requires financing or an inflection.
  • Estimates model FY26 revenue at $197M and FY27 at $261M with continued losses — breakeven is not modeled in the next two years.
  • The tape is at 0.5% of range on volume 3.1x — the market is voting bearishly, though the volume signal is a meaningful accumulation attempt.

The forward call is the November 9 Q3 print alongside continued super-app metric traction. Services revenue continues to outstrip transaction revenue + prediction-market ramp + BTC-treasury gains + no dilution = the 0.5%-of-range zone becomes a base and $5+ opens up; another exchange-revenue quarter down 30%+, a dilutive raise, or a crypto-price crash and sub-$3 becomes the working level. This is a name where the pivot is real but the tape is pricing failure — asymmetric if the transformation continues.

Agrees with X sentimentThe X 'Q2 +37% YoY + services overtaking transaction + prediction market $500K + 5,528 BTC held, tempered by exchange revenue -38%' framing captures both sides. Agreement is with the coiling-transformation read.

What to watch: November 9 Q3 earnings: services-vs-transaction revenue mix, prediction-market growth, BTC holdings, exchange-volume trajectory, and any dilutive filings. Continued super-app traction + no dilution = 0.5%-of-range becomes base; exchange revenue -30%+ or dilution and sub-$3 tests.

On the calendar: 2026-11-09 — Q3 2026 earnings

X sentiment

What the X crowd is saying right now — descriptive, summarised from the day’s posts.

Bullish sentiment5 posts analyzed · as of 2026-08-18

Chatter is bullish on Gemini Space Station after Q2 revenue rose 37% YoY to $45.5M despite a weaker crypto trading environment — with services revenue (led by the credit card and staking) overtaking transaction revenue for the first time, and prediction-market volume nearly doubling QoQ (logging $500K in revenue). Exchange revenue is described down 38%, but the multi-product super-app pivot is bearing fruit. The Winklevoss twins reportedly increased Bitcoin holdings by 1,689 BTC to 5,528 BTC total, ranking #20 on the Bitcoin 100.

Read the AI verdict + X sentiment for $GEMI

  • One-line verdict on what's driving the move — fundamentals, momentum, both, or an event
  • Next dated catalyst when there is one (earnings, deal closing, activist clock)
  • X crowd read with bullish/bearish call + post volume
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What it does

Plain-English summary of the business — what they sell and how they make money.

Crypto exchange and custody platform offering spot trading, derivatives, staking, and a crypto-rewards credit card to retail and institutional users.

Industry overviewAI analysisGenerated by AI from underlying data

Where Software - Application sits in its cycle right now — and what that implies for $GEMI.

Software - Application · Technology

No material change from last week — platforms where agents expand contract value (ServiceNow, Snowflake) are re-rated upward, while tools where agents substitute human users (Adobe Creative..

What this means for $GEMI

Partial — Crypto exchange and custody platform offering spot trading, derivatives, staking, and a crypto-rewards credit card to retail and institutional users; partial earnings exposure to software - application demand dynamics through its product portfolio.

Top industry ETF

$IGViShares Expanded Tech-Software Sector ETF
-4.2%YTD
-6.8%1Y

Fundamentals & catalyst

Profitability, valuation, and the next earnings event — at a glance, with rule-of-thumb signals.

Key ratios

P/E
-1.0How much investors are paying per dollar of profit the company actually earned in the last 12 months. Lower means the stock looks cheaper relative to earnings.~15–25 is typical for the S&P 500; high-growth names trade 30+; hyper-growth or speculative can be 100+ or negative.
ROIC
-44.6%What percentage return the business earns on every dollar of capital (equity + debt) deployed in operations. The cleanest measure of business quality.Above ~15% is high-quality; consistently above 25% suggests a real moat. Below the company's cost of capital is value-destroying.
Op margin
-281%Operating profit (after sales, marketing, R&D, and overhead but before interest and taxes) as a percentage of revenue. The clearest view of how well the underlying business is run.Mature business above 20% is healthy; software businesses can run 30%+; commodity / retail businesses operate in single digits.
FCF yield
-50.5%Free cash flow (operating cash flow minus capex) divided by the company's market cap. The cash-on-cash return you'd get owning the whole business at today's price.Above ~5% is attractive; below ~2% means you're paying up for growth. Capital-light businesses (software) run higher than capital-heavy ones (utilities).
P/S
3.4Same idea as P/E but per dollar of revenue. Useful for companies that aren't profitable yet, where P/E is meaningless.Under ~2 is cheap; software / SaaS often runs 8–15; well above 20 implies the market is pricing in very high future growth.
ROE
-197%Net income as a percentage of shareholders' equity. Similar to ROIC but counts only the equity side.Above 20% is strong, but can be inflated by leverage — a heavily indebted company can show high ROE with weak underlying ROIC.
Gross margin
-1.1%Revenue minus the direct cost of producing what was sold, as a percentage of revenue. The first read on whether the product is structurally profitable.Software / SaaS is typically 70%+; consumer goods 30–50%; commodity / hardware businesses can be under 20%.
D/E
1.1Total debt divided by shareholders' equity. Measures how much the business runs on borrowed money versus owner capital.Under 1 is conservative; 1–2 is typical for mature businesses; over 2 is leveraged and more sensitive to interest rates.

Past earnings

QuarterReportedActualEstimateSurprise
Q2 2026Aug 13, 2026$-0.89$-0.70-27.1%
Q1 2026May 14, 2026$-0.93$-0.90-3.3%
Q4 2025Mar 19, 2026$-1.22$-1.06-15.1%
Q3 2025Nov 10, 2025$-1.81$-0.82-120.7%
Next earningsMon, Nov 9·consensus EPS $-0.74

Quarterly trend

QuarterRevenueYoYGrossOpEPSFCF
Q1 FY26$39.4M+14.8%62.0%-267%$-0.93$-54.6M
Q4 FY25$27.4M-19.2%100%-526%$-1.20$-140.6M
Q3 FY25$50.6M+49.2%-103%-239%$-1.15$-65.0M
Q2 FY25$34.3M-7.7%-3.6%-165%$-0.88$-758K

Forward consensus

3-year forecast · up to 6 analysts
FYRevenueRangeEPSRangeAnalysts
FY26$197.0M$175.1M – $218.8M-$2.93-$3.71 – -$2.326
FY27$260.8M$206.8M – $314.8M-$2.24-$2.83 – -$1.776
FY28$288.7M$248.3M – $359.0M-$2.14-$2.48 – -$1.813

Setup & momentum

Volume, range, and moving-average position — the technical setup driving short-term moves.

Right now

Vol vs 30dToday's traded share volume divided by the average over the prior 30 trading days. ≥3× signals unusual interest; below 1× is quiet.1.2×Today's traded share volume divided by the average over the prior 30 trading days. ≥3× signals unusual interest; below 1× is quiet.
52w rangeWhere the latest close sits between the 52-week low (0%) and high (100%). Above 80% is extended; below 30% is basing or in a downtrend.0%Where the latest close sits between the 52-week low (0%) and high (100%). Above 80% is extended; below 30% is basing or in a downtrend.
vs 50d MALatest close vs the 50-day simple moving average. Positive = short-term trend is up.-17.9%Latest close vs the 50-day simple moving average. Positive = short-term trend is up.
vs 200d MALatest close vs the 200-day simple moving average. Positive = long-term trend is up.-51.2%Latest close vs the 200-day simple moving average. Positive = long-term trend is up.

Float & profile

FloatLow float · 33.1M shFree-float shares — the slice of issued stock actually available to trade. Lower buckets squeeze harder on a catalyst.Traded today4.6% of floatToday's volume as a percent of the free float. Above 5% on a single day is unusually high turnover for the available share count.β2.495-year weekly beta vs the S&P 500. Above 1.5 means the stock typically moves more than the index; below 0.8 moves less.

Insider activity

Recent open-market buys and sells by officers and directors — flagged when multiple insiders cluster.

Recent transactions

SellJul 2Danijela StojanovicCFO8.4K sh$37KSellMay 20Danijela StojanovicCFO11.7K sh$59KSellMar 11Jaitly Sachin ChandDirector39.7K sh$354K
+ 9 other (9 awards) in window

See when $GEMI insiders are putting their own money in

  • Real-time open-market buys and sells from Form 4 filings
  • Cluster-buy detection when multiple insiders pile in at once
  • 30 / 60 / 180-day windows so you can spot building conviction
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SEC filings

Material 8-K, 13D, S-3, and 424B5 events from the last 180 days — the filings that actually move the price.

Recent material filings

8-KPress release / Reg FDAug 138-K — Item 2.02: Earnings release · Item 7.01: Press release / Reg FD
AI summary

Gemini Space Station, Inc. (Nasdaq: GEMI) furnished its Q2 2026 earnings results for the three months ended June 30, 2026 and an earnings presentation for an August 14, 2026 investor conference call at 8:30 a.m. ET (Exhibits 99.1 and 99.2). Both disclosures are furnished under Items 2.02 and 7.01, not filed; no financial figures appear in the body. As an emerging space infrastructure company, quarterly earnings and the investor presentation are key touchpoints for tracking operational progress and contract pipeline.

8-KShareholder voteJun 158-K — Item 5.07: Shareholder vote
AI summary

Gemini Space Station, Inc. (GEMI) disclosed voting results from its 2026 Annual Meeting held June 15, 2026, where the Company's Class A and Class B stockholders voted together as a single class. Holders of Class B common stock had ten votes per share; Class A holders had one. The meeting voted on two proposals, including election of six directors: Tyler Winklevoss, Cameron Winklevoss, Jonathan Durham, James Anthony Esposito, Maria Filipakis, and Sachin Chand Jaitly. This is a routine annual governance filing; the dual-class voting structure means the Winklevoss co-founders effectively control the outcome of shareholder votes.

SC 13DActivist position (5%+)May 18SC 13D
AI summary

Winklevoss Capital Fund, LLC and Winklevoss Capital Management, LLC filed an initial Schedule 13D on May 18, 2026, disclosing shared beneficial ownership of 82,269,641 shares (65.1%) of Gemini Space Station, Inc. (GEMI) common stock. The Winklevoss entities — controlled by Cameron and Tyler Winklevoss (GEMI's President and CEO) — hold the dominant controlling stake in Gemini Space Station. This initial 13D was filed in connection with GEMI's May 14, 2026 private placement where Winklevoss Capital Fund purchased 7,142,857 shares for $100 million (paid in ~1,258 Bitcoin). This confirms the Winklevoss founders' controlling position post-transaction.

8-KMaterial agreementMay 148-K — Item 1.01: Material agreement · Item 2.02: Earnings release · Item 3.02: Unregistered equity sale · Item 7.01: Press release / Reg FD
AI summary

Gemini Space Station, Inc. (GEMI) entered into a securities purchase agreement on May 14, 2026, issuing 7,142,857 shares of Class A common stock to Winklevoss Capital Fund, LLC at $14.00 per share for aggregate proceeds of $100 million, paid in-kind with approximately 1,258 Bitcoin. Winklevoss Capital Fund is the Company's largest existing stockholder, controlled by Cameron (President) and Tyler Winklevoss (CEO), both also directors. The private placement closed same-day on May 14, 2026. This is a significant related-party PIPE transaction — Gemini is effectively raising $100M in Bitcoin from its own co-founder-controlled entity, deepening the Winklevoss/Bitcoin-linked balance sheet strategy.

3New insider — initial holdingsFeb 243
+ 9 other (2 10-Qs · 2 13Gs · 2 proxys · 1 ARS) in window

Recent news

Latest headlines from major outlets, sourced and timestamped — context for whatever just moved.

Why Gemini Space Station Stock Is Plummeting Todayfool.com·2d agoWhy Gemini Space Station Stock Plummeted to Earth Todayfool.com·4d agoGemini Space Station Q2 Earnings Call Highlightsmarketbeat.com·5d agoGemini Space Station Shares Slide Following Mixed Q2 Financial Resultsbenzinga.com·5d agoGemini Reports Second Quarter 2026 Resultsglobenewswire.com·5d ago

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