Circle Internet Group, Inc. (NYSE:CRCL) Receives $117.38 Consensus Price Target from Analysts

Circle Internet Group, Inc. (NYSE:CRCL) has received an average recommendation of “Hold” from the twenty-four research firms that are presently covering the company, MarketBeat Ratings reports. Three equities research analysts have rated the stock with a sell recommendation, twelve have assigned a hold recommendation, eight have given a buy recommendation and one has given a strong buy recommendation to the company. The average 1-year target price among brokerages that have updated their coverage on the stock in the last year is $112.8125.

Several analysts have commented on CRCL shares. Morgan Stanley increased their target price on Circle Internet Group from $80.00 to $106.00 and gave the company an “equal weight” rating in a research note on Tuesday, May 19th. Zacks Research raised shares of Circle Internet Group from a “strong sell” rating to a “hold” rating in a report on Tuesday, March 17th. Wall Street Zen lowered shares of Circle Internet Group from a “hold” rating to a “sell” rating in a research report on Saturday, April 11th. HC Wainwright raised shares of Circle Internet Group from a “neutral” rating to a “buy” rating and lifted their price objective for the stock from $85.00 to $150.00 in a research note on Monday, May 18th. Finally, Deutsche Bank Aktiengesellschaft restated a “hold” rating and issued a $101.00 price target on shares of Circle Internet Group in a research report on Tuesday, May 12th.

Insiders Place Their Bets

In other Circle Internet Group news, insider Hossein Razzaghi sold 34,623 shares of the business’s stock in a transaction dated Wednesday, June 10th. The shares were sold at an average price of $78.85, for a total value of $2,730,023.55. Following the completion of the transaction, the insider directly owned 666,404 shares in the company, valued at approximately $52,545,955.40. The trade was a 4.94% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, 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 489,737 shares of the company’s stock in a transaction on Wednesday, June 24th. The stock was sold at an average price of $72.37, for a total value of $35,442,266.69. Following the transaction, the insider directly owned 521,809 shares in the company, valued at approximately $37,763,317.33. The trade was a 48.41% 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. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Over the last three months, insiders sold 1,966,527 shares of company stock worth $156,751,921. 10.85% of the stock is owned by company insiders.

Institutional Trading of Circle Internet Group

Large investors have recently added to or reduced their stakes in the company. Bartlett & CO. Wealth Management LLC purchased a new stake in shares of Circle Internet Group during the 4th quarter worth about $25,000. Larson Financial Group LLC grew its holdings in Circle Internet Group by 3,800.0% in the 3rd quarter. Larson Financial Group LLC now owns 195 shares of the company’s stock valued at $26,000 after buying an additional 190 shares in the last quarter. EverSource Wealth Advisors LLC purchased a new stake in shares of Circle Internet Group in the 2nd quarter valued at approximately $27,000. Bellevue Asset Management LLC purchased a new position in shares of Circle Internet Group during the 4th quarter worth $29,000. Finally, Harbour Investments Inc. increased its holdings in Circle Internet Group by 170.0% in the 4th quarter. Harbour Investments Inc. now owns 378 shares of the company’s stock valued at $30,000 after purchasing an additional 238 shares during the last quarter.

Trending Headlines about Circle Internet Group

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

• Positive Sentiment: Circle received final OCC approval to establish a bank, a notable regulatory win that could support its long-term growth and institutional credibility. Circle Internet (CRCL) Wins Final OCC Approval
• Positive Sentiment: Despite the pullback, Robert W. Baird kept an outperform rating on Circle, even after cutting its price target to $100 from $138, suggesting some analysts still see meaningful upside. Benzinga report on Baird target cut
• Neutral Sentiment: Coverage remains split, with analysts divided on Circle as competition in stablecoins intensifies and investor sentiment becomes more cautious. Analysts remain split on Circle amid rising competition
• Neutral Sentiment: Circle’s president highlighted a “historic” milestone, but the stock still fell as traders appeared more focused on near-term business and valuation risks than on the celebratory headline. Circle president hails company’s ‘historic’ milestone—so why is CRCL going down?
• Negative Sentiment: Mizuho downgraded Circle and pointed to revenue-model and competitive risks, saying rising redemptions and a new stablecoin rival could pressure growth. CRCL stock slips overnight after Mizuho downgrade – Circle Internet faces revenue model risks
• Negative Sentiment: Another report said Circle shares slipped after Mizuho cited competitive concerns, reinforcing fears that stablecoin market share may become harder to defend. Circle Shares Slip After Mizuho Downgrades Stock on Competitive Concerns (CRCL)
• Negative Sentiment: An insider sold about $1.7 million in Circle stock, which can add to pressure when sentiment is already weak. Circle Internet Group (NYSE:CRCL) Insider Sells $1,703,957.40 in Stock

Circle Internet Group Stock Performance

CRCL stock opened at $63.28 on Friday. The firm has a 50 day moving average price of $89.98 and a 200-day moving average price of $88.26. Circle Internet Group has a 52-week low of $49.90 and a 52-week high of $262.97. The firm has a market capitalization of $15.73 billion and a price-to-earnings ratio of -19.78.

Circle Internet Group (NYSE:CRCL) last posted its quarterly 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). Circle Internet Group had a positive return on equity of 2.89% and a negative net margin of 2.76%.The company had revenue of $694.13 million during the quarter. The company’s quarterly revenue was up 20.0% on a year-over-year basis. As a group, sell-side analysts forecast that Circle Internet Group will post 1.01 earnings per share for the current fiscal year.

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 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.