Circle Internet Group (NYSE:CRCL) Stock Gets Price Target Cut from HC Wainwright

Key Points

• HC Wainwright cut its price target on Circle Internet Group from $104 to $100 but maintained a Buy rating; the new target implies about 31% upside from the stock’s current price.
• Analyst views are mixed: MarketBeat reports an average rating of Hold and a consensus price target of $97.35, with ratings spanning Strong Buy to Sell.
• Circle reported quarterly EPS of $0.84, beating the $0.42 consensus, while revenue rose 16.9% year over year to $864.9 million.

Circle Internet Group (NYSE:CRCL - Get Free Report) had its target price cut by research analysts at HC Wainwright from $104.00 to $100.00 in a research note issued on Thursday, Benzinga reports. The brokerage presently has a "buy" rating on the stock. HC Wainwright's target price indicates a potential upside of 30.94% from the company's current price.

A number of other analysts have also issued reports on CRCL. Mizuho set a $46.00 price objective on shares of Circle Internet Group in a research note on Thursday. Wall Street Zen upgraded Circle Internet Group from a "strong sell" rating to a "sell" rating in a research note on Saturday, October 31st. Zacks Research raised Circle Internet Group from a "hold" rating to a "strong-buy" rating in a research note on Friday, October 16th. Compass Point raised Circle Internet Group from a "neutral" rating to a "buy" rating and set a $99.00 price target on the stock in a report on Thursday. Finally, The Goldman Sachs Group restated an "underperform" rating on shares of Circle Internet Group in a research note on Wednesday, September 9th. Two investment analysts have rated the stock with a Strong Buy rating, eleven have given a Buy rating, seven have given a Hold rating and four have issued a Sell rating to the company's stock. According to MarketBeat, the company has an average rating of "Hold" and a consensus target price of $97.35.

Circle Internet Group Trading Up 1.5%

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

Circle Internet Group (NYSE:CRCL - Get Free Report) last issued its quarterly earnings results on Wednesday, November 4th. The company reported $0.84 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 business had revenue of $864.89 million during the quarter. During the same quarter last year, the firm earned $0.64 earnings per share. The business's quarterly revenue was up 16.9% compared to the same quarter last year. As a group, research analysts predict that Circle Internet Group will post 1.14 earnings per share for the current year.

Insider Transactions at Circle Internet Group

In other news, insider Hossein Razzaghi sold 1,831 shares of the firm's stock in a transaction dated Tuesday, November 3rd. The shares were sold at an average price of $73.06, for a total transaction of $133,772.86. Following the completion of the transaction, the insider directly owned 637,770 shares of the company's stock, valued at approximately $46,595,476.20. This trade represents a 0.29% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, insider Nikhil Chandhok sold 26,668 shares of Circle Internet Group stock in a transaction dated Thursday, October 8th. The shares were sold at an average price of $79.59, for a total transaction of $2,122,506.12. Following the transaction, the insider directly owned 715,331 shares of the company's stock, valued at $56,933,194.29. This represents a 3.59% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last three months, insiders have sold 372,633 shares of company stock worth $32,833,583. 10.85% of the stock is currently owned by company insiders.

Institutional Inflows and Outflows

A number of hedge funds have recently added to or reduced their stakes in the business. Fulcrum Asset Management LLP bought a new position in shares of Circle Internet Group during the 3rd quarter worth approximately $4,265,000. Ethic Inc. lifted its position in Circle Internet Group by 21.2% during the third quarter. Ethic Inc. now owns 5,361 shares of the company's stock worth $441,000 after purchasing an additional 939 shares during the period. 180 Wealth Advisors LLC bought a new position in Circle Internet Group in the 3rd quarter valued at about $333,000. StoneX Group Inc. bought a new stake in Circle Internet Group during the third quarter worth $1,440,000. Finally, Pictet Asset Management Holding SA raised its holdings in shares of Circle Internet Group by 54.9% during the 3rd quarter. Pictet Asset Management Holding SA now owns 134,636 shares of the company's stock worth $11,063,000 after buying an additional 47,714 shares in the last quarter.

Key Circle Internet Group News

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

About Circle Internet Group

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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