Mizuho Bank analysts have maintained their "outperform" rating and $26 price target for Gemini, despite recent executive departures and stock volatility. Analysts Dan Dolev and Alexander Jenkins noted that Gemini's stock, currently near all-time lows, may have already priced in the impact of these departures. The bank's report highlights Gemini's preliminary revenue range of $165 million to $175 million, slightly above their forecast, though adjusted EBITDA was weaker than expected. Mizuho Bank believes Gemini's cost-cutting measures, including a 25% workforce reduction and market exits, will aid profitability. The bank values Gemini at 7 times its projected 2027 revenue. In a best-case scenario, the stock could reach $43, while a worst-case scenario could see it drop to $8. Currently, Gemini's share price is around $5.90, having fallen 43% over the past month.