20 Stocks That Will Double in 2026

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18. Gemini Space Station Inc. (NASDAQ:GEMI)

Average Upside Potential as of December 10: 124.47%

Number of Hedge Fund Holders: 27

Gemini Space Station Inc. (NASDAQ:GEMI) is one of the stocks that will double in 2026. On December 5, Goldman Sachs lowered the firm’s price target on Gemini to $17 from $19 and kept a Neutral rating on the shares.

Earlier on November 28, Evercore ISI lowered the firm’s price target on Gemini to $15 from $30 and maintained an Outperform rating on the shares. Evercore ISI revised its earnings forecast due to the then-current market conditions and the need to adjust its financial model forward from FY2026 to FY2027.

In Q3 2025, Gemini Space Station’s revenue for the quarter was $49.8 million, which represented a sequential increase of 52%, driven primarily by a 45% increase in trading volume and over 100% growth in credit card transaction volume. The quarter’s success was attributed to the strength of Gemini’s model, built on “trust, engagement, and liquidity. Transaction revenue reached $26.3 million, up 26% sequentially, supported by spot trading volumes of $16.4 billion (up 45% quarter-over-quarter).

On the product front, Gemini launched the Gemini Wallet, which is a self-custody smart wallet, and expanded multi-network support, including the launch of a Solana edition of the Gemini Credit Card and Solana Staking from Custody for institutions. For 2025, management reaffirmed its medium-term target for Monthly Transacting Users to grow at a 20% to 25% CAGR. They expect services revenue and interest income to reach $60 to $70 million for the full year and project sales and marketing expenses to total $45  to $60 million, reflecting targeted investment in growth.

Gemini Space Station Inc. (NASDAQ:GEMI) develops a crypto platform to buy, sell, and store crypto assets.

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