Canaccord Genuity Group Cuts Circle Internet Group (NYSE:CRCL) Price Target to $160.00

Circle Internet Group (NYSE:CRCL) had its target price decreased by investment analysts at Canaccord Genuity Group from $247.00 to $160.00 in a research report issued on Thursday,Benzinga reports. The brokerage presently has a “buy” rating on the stock. Canaccord Genuity Group’s target price would suggest a potential upside of 92.87% from the company’s current price.

A number of other analysts have also commented on CRCL. Monness Crespi & Hardt initiated coverage on Circle Internet Group in a report on Monday, November 10th. They issued a “buy” rating and a $150.00 target price for the company. Compass Point raised Circle Internet Group from a “sell” rating to a “neutral” rating and set a $75.00 price objective on the stock in a research report on Thursday, January 29th. Wall Street Zen downgraded Circle Internet Group from a “hold” rating to a “sell” rating in a report on Saturday, December 13th. Wolfe Research initiated coverage on shares of Circle Internet Group in a research note on Tuesday, December 2nd. They set an “underperform” rating and a $60.00 target price on the stock. Finally, Sanford C. Bernstein set a $190.00 price target on shares of Circle Internet Group in a report on Tuesday, January 6th. One investment analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating, ten have given a Hold rating and three have issued a Sell rating to the company’s stock. Based on data from MarketBeat, Circle Internet Group has an average rating of “Hold” and a consensus target price of $123.12.

Circle Internet Group Trading Up 35.2%

Shares of NYSE:CRCL opened at $82.96 on Thursday. The stock has a fifty day simple moving average of $72.09 and a two-hundred day simple moving average of $101.07. Circle Internet Group has a 12-month low of $49.90 and a 12-month high of $298.99. The stock has a market capitalization of $19.53 billion and a price-to-earnings ratio of -36.23.

Circle Internet Group (NYSE:CRCL) last issued its quarterly earnings results on Wednesday, February 25th. The company reported $0.43 earnings per share for the quarter, beating the consensus estimate of $0.25 by $0.18. The company had revenue of $770.23 million for the quarter. The firm’s quarterly revenue was up 76.9% compared to the same quarter last year.

Insider Buying and Selling

In other news, CAO Tamara L. Schulz sold 1,527 shares of the company’s stock in a transaction that occurred on Tuesday, February 3rd. The shares were sold at an average price of $59.80, for a total value of $91,314.60. Following the completion of the sale, the chief accounting officer owned 98,010 shares of the company’s stock, valued at approximately $5,860,998. This represents a 1.53% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, insider Nikhil Chandhok sold 10,000 shares of the company’s stock in a transaction on Monday, December 22nd. The stock was sold at an average price of $90.00, for a total value of $900,000.00. Following the sale, the insider owned 474,974 shares of the company’s stock, valued at approximately $42,747,660. This represents a 2.06% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold 205,769 shares of company stock valued at $17,148,896 over the last quarter.

Hedge Funds Weigh In On Circle Internet Group

Hedge funds have recently modified their holdings of the stock. General Catalyst Group Management LLC acquired a new stake in Circle Internet Group in the 2nd quarter worth approximately $3,647,694,000. Marshall Wace LLP lifted its stake in shares of Circle Internet Group by 23.8% during the fourth quarter. Marshall Wace LLP now owns 9,978,729 shares of the company’s stock worth $791,313,000 after buying an additional 1,919,205 shares during the period. IDG Accel China Capital II Associates L.P. acquired a new position in shares of Circle Internet Group in the 4th quarter valued at $554,792,000. Accel XI Associates L.L.C. purchased a new position in Circle Internet Group in the 4th quarter worth $513,844,000. Finally, Vanguard Group Inc. lifted its position in Circle Internet Group by 1.3% during the 4th quarter. Vanguard Group Inc. now owns 5,653,110 shares of the company’s stock worth $448,292,000 after acquiring an additional 74,414 shares during the period.

Key Stories Impacting Circle Internet Group

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

• Positive Sentiment: Q4 results beat expectations — total revenue and reserve income of $770.2M (up ~77% y/y) and EPS of $0.43 vs. consensus ~$0.25 drove the rally. Circle Reports Fourth Quarter and Full Fiscal Year 2025 Financial Results
• Positive Sentiment: Strong USDC metrics — USDC in circulation was $75.3B (≈72% y/y) and Q4 on‑chain transaction volume jumped ~247%, signaling durable demand for Circle’s core product. Circle Reports Fourth Quarter and Full Fiscal Year 2025 Financial Results
• Positive Sentiment: Profitability and margin progress — net income from continuing operations rose to $133M and adjusted EBITDA was $167M, which supports upside to free‑cash generation expectations. MarketBeat: Circle earnings summary
• Neutral Sentiment: Management tone and outreach amplified interest — CEO interviews and the earnings call highlighted new lines of business and growth drivers, helping sentiment but leaving execution questions. Circle Shares Surge on Earnings Beat (Bloomberg)
• Neutral Sentiment: Analysts largely remain conservative — several firms reiterated Hold ratings, balancing strong top‑line momentum with macro and valuation uncertainty. Balancing Strong USDC Growth with Macro Uncertainty
• Negative Sentiment: Rising costs and a less favorable expense trajectory are flagged as risks — at least one analyst says these offset growth enough to justify a Hold, which could cap upside if margins deteriorate. Balanced Risk-Reward at Circle

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.