Wells Fargo & Company Cuts Circle Internet Group (NYSE:CRCL) Price Target to $111.00

Circle Internet Group (NYSE:CRCL) had its target price reduced by Wells Fargo & Company from $128.00 to $111.00 in a research note issued to investors on Thursday,Benzinga reports. Wells Fargo & Company currently has an overweight rating on the stock.

Several other equities research analysts also recently issued reports on the stock. Monness Crespi & Hardt began coverage on shares of Circle Internet Group in a research note on Monday, November 10th. They set a “buy” rating and a $150.00 price objective for the company. Wall Street Zen cut shares of Circle Internet Group from a “hold” rating to a “sell” rating in a research report on Saturday, December 13th. Compass Point upgraded Circle Internet Group from a “sell” rating to a “neutral” rating and set a $75.00 price target for the company in a report on Thursday, January 29th. Weiss Ratings restated a “sell (d)” rating on shares of Circle Internet Group in a research note on Wednesday, January 21st. Finally, JPMorgan Chase & Co. decreased their target price on Circle Internet Group from $100.00 to $90.00 and set an “overweight” rating for the company in a research report on Tuesday, February 10th. One research analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating, ten have given a Hold rating and three have issued a Sell rating to the company. According to data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and an average price target of $122.12.

Circle Internet Group Price Performance

Shares of NYSE:CRCL opened at $83.47 on Thursday. The business has a 50-day moving average of $72.17 and a two-hundred day moving average of $99.98. The firm has a market capitalization of $19.65 billion and a PE ratio of -36.45. Circle Internet Group has a 12 month low of $49.90 and a 12 month high of $298.99.

Circle Internet Group (NYSE:CRCL) last issued its earnings results on Wednesday, February 25th. The company reported $0.43 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.25 by $0.18. The firm had revenue of $770.23 million for the quarter. Circle Internet Group’s revenue was up 76.9% on a year-over-year basis.

Insider Buying and Selling

In related news, CFO Jeremy Fox-Geen sold 23,830 shares of the company’s stock in a transaction on Friday, December 12th. The shares were sold at an average price of $90.00, for a total value of $2,144,700.00. Following the sale, the chief financial officer directly owned 282,173 shares of the company’s stock, valued at $25,395,570. This represents a 7.79% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, CAO Tamara L. Schulz sold 4,438 shares of the company’s stock in a transaction that occurred on Monday, January 5th. The shares were sold at an average price of $85.19, for a total value of $378,073.22. Following the sale, the chief accounting officer owned 82,679 shares in the company, valued at $7,043,424.01. The trade was a 5.09% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 205,769 shares of company stock worth $17,148,896 over the last 90 days.

Institutional Investors Weigh In On Circle Internet Group

Institutional investors have recently made changes to their positions in the company. General Catalyst Group Management LLC bought a new position in Circle Internet Group during the second quarter worth $3,647,694,000. Marshall Wace LLP increased its stake in Circle Internet Group by 23.8% during the fourth quarter. Marshall Wace LLP now owns 9,978,729 shares of the company’s stock valued at $791,313,000 after purchasing an additional 1,919,205 shares during the last quarter. IDG Accel China Capital II Associates L.P. acquired a new stake in shares of Circle Internet Group during the fourth quarter worth $554,792,000. Accel XI Associates L.L.C. bought a new position in shares of Circle Internet Group in the 4th quarter worth about $513,844,000. Finally, Vanguard Group Inc. boosted its holdings in shares of Circle Internet Group by 1.3% in the 4th quarter. Vanguard Group Inc. now owns 5,653,110 shares of the company’s stock valued at $448,292,000 after buying an additional 74,414 shares during the period.

Key Headlines Impacting Circle Internet Group

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

• Positive Sentiment: Q4 beat — CRCL reported stronger-than-expected Q4 results (EPS and revenue ahead, revenue ~+77% Y/Y) with record margins and jump in reserve income driven by USDC growth. Circle Q4 Earnings & Revenues Beat Estimates
• Positive Sentiment: Pre-market and intraday strength tied to the earnings beat — coverage notes the stock jumped strongly (pre-market ~+17%) as investors focused on USDC momentum and margin expansion. Why Circle stock is up 17% before bell on Wednesday?
• Positive Sentiment: Market write-ups and call highlights emphasize that USDC circulation is the key growth driver and that management posted ambitious growth targets on the call. Circle Q4 2025 Earnings Call Highlights
• Neutral Sentiment: Analyst view split — some research notes balanced risk/reward: strong top-line momentum but rising costs and a less favorable expense trajectory, supporting a cautious or “hold” stance for some investors. Balanced Risk-Reward at Circle (TipRanks)
• Positive Sentiment: Multiple outlets and transcripts highlight that USDC may be a strategic winner in the current crypto environment, underpinning investor optimism about durable revenue streams. Circle Q4 Earnings: Is USDC The Winner In The Crypto Winter?
• Negative Sentiment: Price-target cuts — several firms trimmed targets (Canaccord, Needham, Wells Fargo) even while keeping buy/overweight ratings, which tempers upside expectations and likely contributed to intraday weakness. Analyst price target changes (Benzinga) TickerReport on Needham
• Negative Sentiment: Some institutional observers remain cautious — e.g., at least one legacy bank declined to upgrade the stock despite the surge, highlighting divergent opinions among large investors. 158-year-old bank refuses to upgrade surging crypto stock

About Circle Internet Group

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.