HC Wainwright Issues Negative Outlook for CRCL Earnings

Circle Internet Group, Inc. (NYSE:CRCL) – Equities research analysts at HC Wainwright lowered their Q3 2026 earnings per share estimates for shares of Circle Internet Group in a research note issued to investors on Thursday, August 6th. HC Wainwright analyst M. Colonnese now expects that the company will post earnings per share of $0.34 for the quarter, down from their prior estimate of $0.37. HC Wainwright has a “Buy” rating and a $104.00 price objective on the stock. The consensus estimate for Circle Internet Group’s current full-year earnings is $0.88 per share. HC Wainwright also issued estimates for Circle Internet Group’s Q4 2026 earnings at $0.51 EPS, Q1 2027 earnings at $0.40 EPS, Q3 2027 earnings at $0.33 EPS, Q4 2027 earnings at $0.42 EPS and FY2027 earnings at $1.39 EPS.

A number of other equities analysts have also weighed in on the stock. KeyCorp assumed coverage on shares of Circle Internet Group in a report on Tuesday, May 26th. They issued a “sector weight” rating on the stock. Robert W. Baird cut their target price on Circle Internet Group from $138.00 to $100.00 and set an “outperform” rating on the stock in a research report on Monday, July 13th. Freedom Capital upgraded Circle Internet Group to a “hold” rating in a report on Tuesday, April 21st. Weiss Ratings raised Circle Internet Group from a “sell (d)” rating to a “sell (d+)” rating in a research report on Thursday, August 6th. Finally, Mizuho set a $45.00 price target on Circle Internet Group and gave the stock a “neutral” rating in a research note on Friday, July 31st. One investment analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating, thirteen have given a Hold rating and three have issued a Sell rating to the company’s stock. According to MarketBeat.com, Circle Internet Group currently has a consensus rating of “Hold” and an average target price of $96.82.

Circle Internet Group Stock Performance

Circle Internet Group stock opened at $71.22 on Wednesday. Circle Internet Group has a 1 year low of $49.90 and a 1 year high of $189.92. The firm has a 50 day moving average price of $70.20 and a 200 day moving average price of $85.99. The company has a market cap of $17.70 billion, a price-to-earnings ratio of 48.78 and a beta of 0.23.

Circle Internet Group (NYSE:CRCL) last posted its quarterly earnings data on Wednesday, August 5th. The company reported $0.18 EPS for the quarter, missing analysts’ consensus estimates of $0.26 by ($0.08). Circle Internet Group had a net margin of 15.53% and a return on equity of 13.58%. The company had revenue of $701.32 million for the quarter. During the same period in the prior year, the company posted ($4.48) earnings per share. Circle Internet Group’s revenue was up 6.6% on a year-over-year basis.

Insider Buying and Selling

In other news, Director Danita K. Ostling sold 20,000 shares of the firm’s stock in a transaction on Thursday, August 6th. The shares were sold at an average price of $61.65, for a total value of $1,233,000.00. Following the transaction, the director owned 4,608 shares of the company’s stock, valued at approximately $284,083.20. This trade represents a 81.27% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, insider Hossein Razzaghi sold 1,829 shares of Circle Internet Group stock in a transaction on Tuesday, August 4th. The shares were sold at an average price of $60.08, for a total transaction of $109,886.32. Following the transaction, the insider owned 659,310 shares in the company, valued at $39,611,344.80. The trade was a 0.28% decrease in their position. 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 ninety days, insiders have sold 2,027,497 shares of company stock valued at $157,496,368. 10.85% of the stock is owned by corporate insiders.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently modified their holdings of the stock. Bartlett & CO. Wealth Management LLC purchased a new stake in shares of Circle Internet Group during the 4th quarter valued at about $25,000. Larson Financial Group LLC lifted its position in Circle Internet Group by 3,800.0% during the 3rd quarter. Larson Financial Group LLC now owns 195 shares of the company’s stock worth $26,000 after acquiring an additional 190 shares in the last quarter. EverSource Wealth Advisors LLC purchased a new position in Circle Internet Group in the 2nd quarter worth approximately $27,000. Bellevue Asset Management LLC purchased a new position in Circle Internet Group in the 4th quarter worth approximately $29,000. Finally, Harbour Investments Inc. grew its position in Circle Internet Group by 170.0% in the fourth quarter. Harbour Investments Inc. now owns 378 shares of the company’s stock valued at $30,000 after acquiring an additional 238 shares in the last quarter.

Key Stories Impacting Circle Internet Group

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

• Positive Sentiment: Arc growth strategy supports optimism: Circle highlighted its Arc blockchain as a key growth driver and raised its 2026 other-revenue outlook ahead of Arc’s planned September 16 mainnet launch. The update gives investors a potential catalyst for future revenue growth. CRCL Q2 Earnings Call Highlights Arc-Led Revenue Outlook
• Positive Sentiment: HC Wainwright maintains a bullish stance: The firm reiterated a “Buy” rating and a $104 price target, substantially above recent trading levels. Its estimates call for $1.39 in fiscal 2027 EPS versus $0.88 expected for the current year, implying significant anticipated earnings growth.
• Positive Sentiment: Technical rebound possible: A technical analysis report identified early signs that CRCL may be forming a bottom after its deep correction. A move above $72.86 was cited as confirmation of a stronger potential trend reversal. Circle Internet CRCL Price Forecast: Bottoming Signals Emerge After Deep Correction
• Neutral Sentiment: Analysts remain divided: Coverage noted that Wall Street opinions on CRCL are split, suggesting the rally may face resistance until Circle demonstrates stronger earnings and sustained Arc-related growth. Circle Internet Group Stock Jumps Tuesday. Analysts Are Still Split on the Stock.
• Negative Sentiment: Near-term EPS forecasts were reduced: HC Wainwright lowered its Q3 2026 EPS estimate to $0.34 from $0.37 and its Q4 estimate to $0.51 from $0.55. Circle also recently reported quarterly EPS below consensus, reinforcing concerns about near-term profitability.

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 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.