Circle Internet Group (NYSE:CRCL) Upgraded to “Buy” at Compass Point

Compass Point upgraded shares of Circle Internet Group (NYSE:CRCL) from a neutral rating to a buy rating in a research note issued to investors on Thursday, MarketBeat.com reports. The brokerage currently has $99.00 price target on the stock.

A number of other research firms have also weighed in on CRCL. HC Wainwright dropped their price objective on shares of Circle Internet Group from $115.00 to $104.00 and set a “buy” rating on the stock in a research note on Thursday, August 6th. TD Cowen boosted their target price on shares of Circle Internet Group from $87.00 to $92.00 and gave the stock a “buy” rating in a research report on Thursday, September 17th. Canaccord Genuity Group lowered their target price on shares of Circle Internet Group from $160.00 to $130.00 and set a “buy” rating on the stock in a report on Thursday, August 6th. William Blair restated an “outperform” rating on shares of Circle Internet Group in a report on Wednesday, August 5th. Finally, Sanford C. Bernstein reaffirmed an “outperform” rating and issued a $140.00 price target on shares of Circle Internet Group in a research report on Wednesday, July 29th. Two equities research analysts have rated the stock with a Strong Buy rating, fifteen have given a Buy rating, seven have assigned a Hold rating and five have assigned a Sell rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of “Hold” and a consensus target price of $94.88.

Circle Internet Group Stock Down 8.9%

Shares of CRCL opened at $69.37 on Thursday. The business’s fifty day moving average is $85.99 and its 200 day moving average is $85.66. Circle Internet Group has a 12-month low of $49.90 and a 12-month high of $140.00. The stock has a market cap of $17.61 billion, a P/E ratio of 45.85 and a beta of 0.84.

Circle Internet Group (NYSE:CRCL) last announced its quarterly earnings results on Wednesday, November 4th. The company reported $0.84 EPS for the quarter, beating analysts’ consensus estimates of $0.42 by $0.42. Circle Internet Group had a net margin of 15.27% and a return on equity of 13.52%. The business had revenue of $864.89 million during the quarter. During the same quarter last year, the firm posted $0.64 EPS. The business’s revenue for the quarter was up 16.9% compared to the same quarter last year. On average, analysts expect that Circle Internet Group will post 1.14 EPS for the current year.

Insider Transactions at Circle Internet Group

In related news, CAO Tamara L. Schulz sold 1,194 shares of the business’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 $87,233.64. Following the transaction, the chief accounting officer directly owned 92,024 shares in the company, valued at approximately $6,723,273.44. The trade was a 1.28% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. 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 the business’s stock in a transaction dated Thursday, October 8th. The stock was sold at an average price of $79.59, for a total transaction of $2,122,506.12. Following the transaction, the insider owned 715,331 shares in the company, valued at approximately $56,933,194.29. This trade represents a 3.59% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last 90 days, insiders have sold 372,633 shares of company stock worth $32,833,583. 10.85% of the stock is owned by insiders.

Hedge Funds Weigh In On Circle Internet Group

Several hedge funds have recently modified their holdings of CRCL. Maryland State Retirement & Pension System increased its stake in shares of Circle Internet Group by 14.2% during the 3rd quarter. Maryland State Retirement & Pension System now owns 10,880 shares of the company’s stock worth $894,000 after purchasing an additional 1,351 shares during the last quarter. Fulcrum Asset Management LLP purchased a new position in Circle Internet Group in the third quarter valued at approximately $4,265,000. Ethic Inc. lifted its stake in Circle Internet Group by 21.2% in the third quarter. Ethic Inc. now owns 5,361 shares of the company’s stock valued at $441,000 after purchasing an additional 939 shares during the last quarter. 180 Wealth Advisors LLC purchased a new position in Circle Internet Group in the third quarter valued at approximately $333,000. Finally, StoneX Group Inc. bought a new position in Circle Internet Group during the third quarter valued at $1,440,000.

Key Headlines Impacting Circle Internet Group

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

• Positive Sentiment: Q3 revenue and reserve income rose 17% year over year to $865 million, while EPS of $0.84 topped the $0.42 consensus. USDC onchain transaction volume climbed 49% to $13.9 trillion, and average USDC in circulation grew 8% to $73.3 billion. Circle Reports Third Quarter 2026 Results
• Positive Sentiment: Compass Point upgraded CRCL to Buy, and several firms—including JPMorgan, Wells Fargo, Needham, HC Wainwright and TD Cowen—kept positive ratings despite lowering their price targets. Compass Point rating information
• Neutral Sentiment: Circle reportedly plans to cut about 5% of its workforce. The reductions may help control costs, though they also point to pressure to manage expenses. Circle trims staff 5%
• Negative Sentiment: Despite the earnings beat, investors may be concerned that lower reserve yields are squeezing income from USDC reserves. Analysts also flagged distribution costs, while some reported revenue growth was supported by an ARC token sale—raising questions about the durability of growth from Circle’s core business. Q3 earnings call highlights
• Negative Sentiment: Several analysts cut price targets after results, including Deutsche Bank, which lowered its target to $65 and maintained Hold. Even firms retaining Buy or Overweight ratings reduced targets, tempering the positive signal from the earnings beat. Wall Street cuts Circle price targets

Circle Internet Group Company Profile

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.