HC Wainwright Issues Pessimistic Forecast for Circle Internet Group (NYSE:CRCL) Stock Price

Circle Internet Group (NYSE:CRCL) had its target price decreased by equities researchers at HC Wainwright from $104.00 to $100.00 in a research note issued to investors on Thursday, Benzinga reports. The firm currently has a “buy” rating on the stock. HC Wainwright‘s price objective indicates a potential upside of 30.94% from the stock’s current price.

CRCL has been the topic of several other research reports. Needham & Company LLC reduced their price target on shares of Circle Internet Group from $134.00 to $103.00 and set a “buy” rating on the stock in a research report on Thursday. Morgan Stanley reduced their target price on shares of Circle Internet Group from $37.00 to $34.00 and set an “underweight” rating on the stock in a research note on Monday. TD Cowen raised their target price on Circle Internet Group from $87.00 to $92.00 and gave the company a “buy” rating in a report on Thursday, September 17th. Raymond James Financial started coverage on Circle Internet Group in a research note on Tuesday, July 21st. They set a “market perform” rating for the company. Finally, Seaport Research Partners set a $100.00 price objective on shares of Circle Internet Group in a research report on Monday, August 17th. Two investment analysts have rated the stock with a Strong Buy rating, eleven have assigned a Buy rating, seven have assigned a Hold rating and four have assigned a Sell rating to the company’s stock. According to MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus target price of $97.35.

Circle Internet Group Price Performance

NYSE:CRCL opened at $76.37 on Thursday. The business has a fifty day simple moving average of $86.40 and a two-hundred day simple moving average of $85.71. The company has a market capitalization of $19.39 billion, a P/E ratio of 52.31 and a beta of 0.84. Circle Internet Group has a 1 year low of $49.90 and a 1 year high of $140.00.

Circle Internet Group (NYSE:CRCL) last posted its quarterly earnings results on Wednesday, November 4th. The company reported $0.84 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.42 by $0.42. The business had revenue of $864.89 million during the quarter. Circle Internet Group had a net margin of 15.53% and a return on equity of 13.58%. The business’s quarterly revenue was up 16.9% on a year-over-year basis. During the same quarter in the previous year, the company earned $0.64 earnings per share. As a group, analysts anticipate that Circle Internet Group will post 1.14 earnings per share for the current year.

Insider Buying and Selling

In other news, CFO Jeremy Fox-Geen sold 45,000 shares of the stock in a transaction that occurred on Friday, August 21st. The stock was sold at an average price of $90.00, for a total value of $4,050,000.00. Following the completion of the sale, the chief financial officer directly owned 323,837 shares of the company’s stock, valued at approximately $29,145,330. This represents a 12.20% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Patrick Neville sold 50,000 shares of Circle Internet Group stock in a transaction dated Tuesday, September 1st. The shares were sold at an average price of $92.09, for a total transaction of $4,604,500.00. Following the sale, the director owned 2,018 shares in the company, valued at approximately $185,837.62. This trade represents a 96.12% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold a total of 372,633 shares of company stock valued at $32,833,583 over the last 90 days. 10.85% of the stock is currently owned by insiders.

Institutional Investors Weigh In On Circle Internet Group

Hedge funds have recently bought and sold shares of the stock. Sumitomo Mitsui Trust Group Inc. increased its stake in shares of Circle Internet Group by 24.6% in the third quarter. Sumitomo Mitsui Trust Group Inc. now owns 3,970,939 shares of the company’s stock valued at $326,292,000 after buying an additional 785,213 shares during the period. Southpoint Capital Advisors LP grew its holdings in Circle Internet Group by 175.0% during the first quarter. Southpoint Capital Advisors LP now owns 3,300,000 shares of the company’s stock worth $314,853,000 after buying an additional 2,100,000 shares in the last quarter. Amova Asset Management Americas Inc. boosted its stake in shares of Circle Internet Group by 13.4% in the 1st quarter. Amova Asset Management Americas Inc. now owns 2,914,947 shares of the company’s stock worth $278,173,000 after buying an additional 344,539 shares during the last quarter. SBI Holdings USA Inc. bought a new position in Circle Internet Group in the 2nd quarter valued at $101,084,820. Finally, Accel XI Associates L.L.C. purchased a new position in shares of Circle Internet Group in the 2nd quarter worth about $56,999,563.

Circle Internet Group News Summary

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

• Positive Sentiment: Q3 adjusted earnings of $0.84 per share more than doubled the $0.42 analyst consensus, while revenue and reserve income rose 17% year over year to $865 million. USDC circulation averaged $73.3 billion, up 8%, and on-chain transaction volume increased 49% to $13.9 trillion—evidence of continued activity and adoption. Circle Reports Third Quarter 2026 Results
• Positive Sentiment: Ark Invest reportedly bought 12,835 Circle shares, a modest vote of confidence that could offer some support to sentiment. Ark Invest buys Circle shares
• Neutral Sentiment: Circle plans to cut about 5% of its workforce immediately after the earnings report. The move may help control costs, but also raises questions about the company’s outlook and operating priorities. Circle trims staff 5%
• Negative Sentiment: The headline beat may be less reassuring because a reported $182 million ARC token sale contributed to revenue, while lower interest rates are squeezing income earned on USDC reserves. Investors may question whether growth in the core stablecoin business can offset that pressure. Circle revenue growth and ARC token sale

About Circle Internet Group

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.