What is KeyCorp's Estimate for CRCL Q2 Earnings?

Key Points

• KeyCorp expects Circle Internet Group to report Q2 2026 EPS of $0.13 and keeps a Sector Weight rating on the stock. The firm also projected longer-term earnings growth, including FY2026 EPS of $0.76 and FY2027 EPS of $1.58.
• Circle recently posted Q1 earnings of $0.21 per share, missing estimates, though revenue rose 20% year over year to $694.13 million. The company also reported a negative net margin and modest positive return on equity.
• Investor sentiment remains mixed: several analysts have issued buy or strong-buy views, but the overall consensus rating is still Hold. Circle also benefited from news of a partnership with Nium to expand USDC settlement and global payouts.

Circle Internet Group, Inc. (NYSE:CRCL - Free Report) - Equities research analysts at KeyCorp issued their Q2 2026 earnings per share (EPS) estimates for Circle Internet Group in a research report issued to clients and investors on Monday, May 25th. KeyCorp analyst A. Markgraff forecasts that the company will post earnings per share of $0.13 for the quarter. KeyCorp currently has a "Sector Weight" rating on the stock. The consensus estimate for Circle Internet Group's current full-year earnings is $1.06 per share. KeyCorp also issued estimates for Circle Internet Group's Q3 2026 earnings at $0.18 EPS, Q4 2026 earnings at $0.24 EPS, FY2026 earnings at $0.76 EPS, Q1 2027 earnings at $0.28 EPS, Q2 2027 earnings at $0.32 EPS, Q3 2027 earnings at $0.44 EPS, Q4 2027 earnings at $0.54 EPS, FY2027 earnings at $1.58 EPS and FY2028 earnings at $2.77 EPS.

Other analysts also recently issued reports about the company. Clear Str upgraded Circle Internet Group from a "hold" rating to a "strong-buy" rating in a research note on Monday, March 16th. William Blair reiterated an "outperform" rating on shares of Circle Internet Group in a research note on Wednesday, February 25th. Weiss Ratings reiterated a "sell (d)" rating on shares of Circle Internet Group in a research note on Monday, April 20th. Morgan Stanley lifted their price target on Circle Internet Group from $80.00 to $106.00 and gave the stock an "equal weight" rating in a research note on Tuesday, May 19th. Finally, HC Wainwright upgraded Circle Internet Group from a "neutral" rating to a "buy" rating and lifted their price target for the stock from $85.00 to $150.00 in a research note on Monday, May 18th. One equities research analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating, eleven have assigned a Hold rating and three have issued a Sell rating to the stock. According to data from MarketBeat, Circle Internet Group has a consensus rating of "Hold" and an average price target of $137.12.

Circle Internet Group Price Performance

Shares of Circle Internet Group stock opened at $108.36 on Friday. The business has a 50-day moving average of $105.95 and a 200-day moving average of $89.27. The company has a market capitalization of $26.94 billion and a PE ratio of -33.86. Circle Internet Group has a 1-year low of $49.90 and a 1-year high of $298.99.

Circle Internet Group (NYSE:CRCL - Get Free Report) last announced its earnings results on Monday, May 11th. The company reported $0.21 earnings per share for the quarter, missing the consensus estimate of $0.27 by ($0.06). The business had revenue of $694.13 million for the quarter. Circle Internet Group had a negative net margin of 2.76% and a positive return on equity of 2.89%. Circle Internet Group's quarterly revenue was up 20.0% compared to the same quarter last year.

Insider Activity

In other Circle Internet Group news, insider Nikhil Chandhok sold 10,000 shares of the business's stock in a transaction on Thursday, May 21st. The shares were sold at an average price of $111.00, for a total transaction of $1,110,000.00. Following the completion of the sale, the insider owned 532,745 shares in the company, valued at $59,134,695. The trade was a 1.84% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Danita K. Ostling sold 1,200 shares of the business's stock in a transaction on Tuesday, May 12th. The shares were sold at an average price of $132.06, for a total transaction of $158,472.00. Following the sale, the director owned 22,590 shares of the company's stock, valued at approximately $2,983,235.40. The trade was a 5.04% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold 463,624 shares of company stock valued at $46,757,927 over the last quarter. 10.85% of the stock is owned by company insiders.

Hedge Funds Weigh In On Circle Internet Group

Hedge funds and other institutional investors have recently bought and sold shares of the stock. EverSource Wealth Advisors LLC acquired a new position in Circle Internet Group in the second quarter valued at approximately $27,000. Larson Financial Group LLC boosted its stake in Circle Internet Group by 3,800.0% in the third quarter. Larson Financial Group LLC now owns 195 shares of the company's stock valued at $26,000 after acquiring an additional 190 shares during the period. Montag A & Associates Inc. acquired a new position in Circle Internet Group in the third quarter valued at approximately $33,000. National Bank of Canada FI acquired a new position in Circle Internet Group in the third quarter valued at approximately $37,000. Finally, Pin Oak Investment Advisors Inc. acquired a new position in Circle Internet Group in the third quarter valued at approximately $39,000.

Key Stories Impacting Circle Internet Group

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

• Positive Sentiment: Circle announced a partnership with Nium to connect USDC settlement with global payout rails across more than 190 countries, which could expand adoption of Circle’s payments network and support future transaction volume. Nium and Circle to Connect USDC Settlement with Global Payouts
• Positive Sentiment: Another report highlighted that the Nium deal is helping lift CRCL shares by broadening USDC payment infrastructure, reinforcing the market’s growth thesis for Circle’s stablecoin ecosystem. Circle (CRCL) Stock Climbs on Nium Deal to Broaden USDC Payment Infrastructure
• Positive Sentiment: HC Wainwright kept a Buy rating and $150 price target, suggesting upside remains despite trimming near-term earnings estimates.
• Neutral Sentiment: KeyCorp initiated or updated its estimates with a Sector Weight rating, projecting FY2026 EPS of $0.76, FY2027 EPS of $1.58, and FY2028 EPS of $2.77. The new forecasts indicate longer-term earnings growth, but the neutral rating limits the immediate bullish signal.
• Negative Sentiment: HC Wainwright lowered its Q2, Q3, and Q4 2026 earnings estimates, and also trimmed FY2026 EPS, which may temper enthusiasm around near-term profitability.

Circle Internet Group Company Profile

Circle Internet Group NYSE: CRCL is a financial technology company that builds infrastructure to enable businesses and developers to use and move money on public blockchains. Co-founded by Jeremy Allaire and Sean Neville, the company is best known as a principal issuer and steward of USDC, a dollar-pegged stablecoin developed through the CENTRE Consortium, which Circle co-founded with Coinbase. Jeremy Allaire serves as CEO and has been a visible leader in the company’s strategy and public engagement around digital currency and payments innovation.

Circle’s core products and services center on digital currency issuance and programmable payments.

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