Circle Internet Group (NYSE:CRCL) Price Target Cut to $86.00 by Analysts at Susquehanna

Key Points

• Susquehanna cut its price target on Circle Internet Group to $86 from $92 and maintained a Neutral rating; the new target implies 12.61% upside from the stock’s current price.
• Analyst views are mixed: MarketBeat reports a consensus Hold rating and an average price target of $97, with 2 Strong Buy, 11 Buy, 7 Hold, and 4 Sell ratings.
• Circle reported quarterly EPS of $0.84, beating the $0.42 consensus, while revenue rose 16.9% year over year to about $865 million.

Circle Internet Group (NYSE:CRCL - Get Free Report) had its target price lowered by equities research analysts at Susquehanna from $92.00 to $86.00 in a report released on Thursday, Benzinga reports. The firm presently has a "neutral" rating on the stock. Susquehanna's price objective points to a potential upside of 12.61% from the stock's current price.

A number of other brokerages also recently weighed in on CRCL. Weiss Ratings downgraded shares of Circle Internet Group from a "sell (d+)" rating to a "sell (d)" rating in a report on Thursday, October 8th. Seaport Research Partners set a $100.00 price objective on shares of Circle Internet Group in a research note on Monday, August 17th. The Goldman Sachs Group reissued an "underperform" rating on shares of Circle Internet Group in a research note on Wednesday, September 9th. Wall Street Zen upgraded shares of Circle Internet Group from a "strong sell" rating to a "sell" rating in a research report on Saturday, October 31st. Finally, Wolfe Research upped their target price on Circle Internet Group from $50.00 to $65.00 and gave the stock an "underperform" rating in a research note on Tuesday, August 25th. Two investment analysts have rated the stock with a Strong Buy rating, eleven have assigned a Buy rating, seven have given a Hold rating and four have given a Sell rating to the company. According to data from MarketBeat.com, Circle Internet Group has a consensus rating of "Hold" and an average target price of $97.00.

Circle Internet Group Stock Up 1.5%

CRCL opened at $76.37 on Thursday. Circle Internet Group has a twelve month low of $49.90 and a twelve month high of $140.00. The company has a 50-day simple moving average of $86.40 and a 200 day simple moving average of $85.71. The stock has a market capitalization of $19.39 billion, a price-to-earnings ratio of 52.31 and a beta of 0.84.

Circle Internet Group (NYSE:CRCL - Get Free Report) last announced its quarterly earnings data on Wednesday, November 4th. The company reported $0.84 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.42 by $0.42. Circle Internet Group had a net margin of 15.53% and a return on equity of 13.58%. The firm had revenue of $864.89 million for the quarter. During the same quarter in the previous year, the company earned $0.64 earnings per share. The company's quarterly revenue was up 16.9% on a year-over-year basis. Sell-side analysts anticipate that Circle Internet Group will post 1.14 EPS for the current fiscal year.

Insiders Place Their Bets

In other Circle Internet Group news, CEO Jeremy Allaire sold 56,200 shares of the business's stock in a transaction dated Tuesday, September 8th. The stock was sold at an average price of $98.04, for a total transaction of $5,509,848.00. Following the completion of the transaction, the chief executive officer owned 333,760 shares of the company's stock, valued at approximately $32,721,830.40. The trade was a 14.41% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Nikhil Chandhok sold 26,668 shares of the stock in a transaction dated Thursday, October 8th. The stock was sold at an average price of $79.59, for a total transaction of $2,122,506.12. Following the completion of the transaction, the insider directly owned 715,331 shares of the company's stock, valued at $56,933,194.29. This trade represents a 3.59% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last three months, insiders have sold 372,633 shares of company stock worth $32,833,583. Insiders own 10.85% of the company's stock.

Hedge Funds Weigh In On Circle Internet Group

Institutional investors have recently added to or reduced their stakes in the stock. Sumitomo Mitsui Trust Group Inc. increased its stake in shares of Circle Internet Group by 24.6% in the third quarter. Sumitomo Mitsui Trust Group Inc. now owns 3,970,939 shares of the company's stock valued at $326,292,000 after buying an additional 785,213 shares during the period. Southpoint Capital Advisors LP lifted its stake in shares of Circle Internet Group by 175.0% in the first quarter. Southpoint Capital Advisors LP now owns 3,300,000 shares of the company's stock worth $314,853,000 after acquiring an additional 2,100,000 shares during the period. Amova Asset Management Americas Inc. lifted its stake in shares of Circle Internet Group by 13.4% in the first quarter. Amova Asset Management Americas Inc. now owns 2,914,947 shares of the company's stock worth $278,173,000 after acquiring an additional 344,539 shares during the period. SBI Holdings USA Inc. acquired a new position in shares of Circle Internet Group in the second quarter worth approximately $101,084,820. Finally, Accel XI Associates L.L.C. bought a new stake in Circle Internet Group in the second quarter valued at approximately $56,999,563.

Trending Headlines about Circle Internet Group

Here are the key news stories impacting Circle Internet Group this week:

• Positive Sentiment: Q3 adjusted earnings of $0.84 per share more than doubled the $0.42 analyst consensus, while revenue and reserve income rose 17% year over year to $865 million. USDC circulation averaged $73.3 billion, up 8%, and on-chain transaction volume increased 49% to $13.9 trillion—evidence of continued activity and adoption. Circle Reports Third Quarter 2026 Results
• Positive Sentiment: Ark Invest reportedly bought 12,835 Circle shares, a modest vote of confidence that could offer some support to sentiment. Ark Invest buys Circle shares
• Neutral Sentiment: Circle plans to cut about 5% of its workforce immediately after the earnings report. The move may help control costs, but also raises questions about the company’s outlook and operating priorities. Circle trims staff 5%
• Negative Sentiment: The headline beat may be less reassuring because a reported $182 million ARC token sale contributed to revenue, while lower interest rates are squeezing income earned on USDC reserves. Investors may question whether growth in the core stablecoin business can offset that pressure. Circle revenue growth and ARC token sale

Circle Internet Group Company Profile

Circle Internet Group, Inc is a global financial technology company focused on digital currencies and blockchain-based payments. The company is best known for issuing USD Coin (USDC), a dollar-backed stablecoin designed to maintain a value of one U.S. dollar and support digital transactions, payments, trading and other financial applications. Circle also issues EURC, a euro-backed stablecoin.

Circle provides infrastructure and services for businesses, financial institutions and developers through products such as Circle Mint, which supports the creation, redemption and transfer of its stablecoins, as well as APIs and developer tools for integrating digital-asset payments and blockchain functionality.

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