Circle Internet Group (NYSE:CRCL) Shares Gap Up Following Earnings Beat

Circle Internet Group, Inc. (NYSE:CRCL)’s share price gapped up before the market opened on Wednesday after the company announced better than expected quarterly earnings. The stock had previously closed at $61.37, but opened at $73.77. Circle Internet Group shares last traded at $72.8880, with a volume of 18,456,847 shares changing hands.

The company reported $0.43 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.25 by $0.18. The business had revenue of $770.23 million during the quarter. The business’s revenue for the quarter was up 76.9% on a year-over-year basis.

Key Circle Internet Group News

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

• Positive Sentiment: Q4 results beat expectations — Circle reported $0.43 EPS and $770.2M revenue (up ~77% YoY), with adjusted EBITDA of $167M and net income from continuing operations of $133M, signaling improved profitability. Read More.
• Positive Sentiment: USDC adoption surged — USDC in circulation rose to $75.3B (up 72% YoY) and Q4 on‑chain transaction volume hit $11.9T (up 247%), underscoring the core revenue driver behind reserve income and transaction fees. Read More.
• Positive Sentiment: Market headlines and premarket momentum amplified the move — major outlets highlighted the profit surge and Circle showed up among premarket gainers, helping intraday buying interest. Read More.
• Neutral Sentiment: Analyst/coverage pieces prompt re‑rating debates — several articles ask whether recent share weakness or the latest beat means it’s time to reassess CRCL’s valuation, producing mixed signals for investors. Read More.
• Neutral Sentiment: Context from the IPO/debut — commentary notes the stock has recovered some ground since its Wall Street debut but still faces a wide range of implied fair values, so short‑term volatility may continue. Read More.
• Negative Sentiment: Ongoing crypto and regulatory risks could limit the multiple — while Circle grew USDC activity even amid crypto weakness, regulators and market swings in crypto assets remain downside risks that could weigh on forward valuation. Read More.

Analyst Ratings Changes

A number of equities research analysts have weighed in on CRCL shares. HC Wainwright started coverage on Circle Internet Group in a report on Friday, December 19th. They set a “neutral” rating and a $85.00 price objective on the stock. Mizuho set a $77.00 target price on Circle Internet Group and gave the stock a “neutral” rating in a research report on Wednesday, January 28th. Robert W. Baird upgraded Circle Internet Group from a “hold” rating to a “strong-buy” rating in a research report on Friday, November 14th. Wells Fargo & Company dropped their price objective on Circle Internet Group from $160.00 to $128.00 and set an “overweight” rating for the company in a research note on Thursday, November 13th. Finally, Morgan Stanley started coverage on Circle Internet Group in a report on Monday, February 2nd. They set an “equal weight” rating and a $66.00 price objective for the company. One analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating, ten have issued a Hold rating and three have assigned a Sell rating to the company. According to MarketBeat, the company currently has an average rating of “Hold” and an average target price of $131.76.

Insiders Place Their Bets

In related news, CAO Tamara L. Schulz sold 4,438 shares of the company’s stock in a transaction dated Monday, January 5th. The shares were sold at an average price of $85.19, for a total transaction of $378,073.22. Following the transaction, the chief accounting officer owned 82,679 shares in the company, valued at $7,043,424.01. This represents a 5.09% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Also, CFO Jeremy Fox-Geen sold 23,830 shares of the stock in a transaction dated Friday, December 12th. The stock was sold at an average price of $90.00, for a total transaction of $2,144,700.00. Following the sale, the chief financial officer directly owned 282,173 shares in the company, valued at approximately $25,395,570. This represents a 7.79% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 205,769 shares of company stock valued at $17,148,896 over the last three months.

Institutional Inflows and Outflows

A number of large investors have recently added to or reduced their stakes in CRCL. General Catalyst Group Management LLC acquired a new stake in shares of Circle Internet Group during the 2nd quarter worth approximately $3,647,694,000. Marshall Wace LLP boosted its stake in Circle Internet Group by 23.8% in the fourth quarter. Marshall Wace LLP now owns 9,978,729 shares of the company’s stock valued at $791,313,000 after acquiring an additional 1,919,205 shares during the last quarter. IDG Accel China Capital II Associates L.P. acquired a new stake in Circle Internet Group during the 4th quarter worth $554,792,000. Accel XI Associates L.L.C. bought a new stake in shares of Circle Internet Group during the 4th quarter valued at $513,844,000. Finally, Vanguard Group Inc. raised its position in shares of Circle Internet Group by 1.3% during the 4th quarter. Vanguard Group Inc. now owns 5,653,110 shares of the company’s stock valued at $448,292,000 after acquiring an additional 74,414 shares during the last quarter.

Circle Internet Group Trading Up 20.0%

The company has a market cap of $17.34 billion and a price-to-earnings ratio of -32.00. The stock has a 50 day moving average price of $72.02 and a two-hundred day moving average price of $101.19.

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 USD Coin (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.