Circle Internet Group (NYSE:CRCL) Given New $101.00 Price Target at Wells Fargo & Company

Circle Internet Group (NYSE:CRCL) had its price target trimmed by Wells Fargo & Company from $115.00 to $101.00 in a report published on Thursday,Benzinga reports. The firm currently has an overweight rating on the stock.

Several other equities research analysts have also recently weighed in on CRCL. Mizuho set a $46.00 price objective on Circle Internet Group in a research report on Thursday. Deutsche Bank Aktiengesellschaft raised shares of Circle Internet Group from a “hold” rating to a “buy” rating in a research report on Thursday. Raymond James Financial began coverage on shares of Circle Internet Group in a research note on Tuesday, July 21st. They set a “market perform” rating for the company. Canaccord Genuity Group reduced their price target on shares of Circle Internet Group from $160.00 to $130.00 and set a “buy” rating for the company in a report on Thursday, August 6th. Finally, Wolfe Research raised their price target on shares of Circle Internet Group from $50.00 to $65.00 and gave the stock an “underperform” rating in a research report on Tuesday, August 25th. Two investment 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 company’s stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and an average target price of $94.88.

Circle Internet Group Price Performance

CRCL stock opened at $69.37 on Thursday. Circle Internet Group has a 52-week low of $49.90 and a 52-week high of $140.00. The stock has a market capitalization of $17.61 billion, a price-to-earnings ratio of 45.85 and a beta of 0.84. The company has a 50-day moving average of $85.99 and a two-hundred day moving average of $85.66.

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

Insider Activity at Circle Internet Group

In related news, CEO Jeremy Allaire sold 56,200 shares of the company’s stock in a transaction dated Monday, October 5th. The shares were sold at an average price of $83.59, for a total transaction of $4,697,758.00. Following the transaction, the chief executive officer owned 277,560 shares in the company, valued at $23,201,240.40. This represents a 16.84% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Nikhil Chandhok sold 26,668 shares of the 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 sale, the insider directly owned 715,331 shares in the company, valued at approximately $56,933,194.29. This represents a 3.59% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last ninety days, insiders have sold 372,633 shares of company stock valued at $32,833,583. 10.85% of the stock is currently owned by company insiders.

Institutional Inflows and Outflows

A number of hedge funds have recently bought and sold shares of CRCL. Public Employees Retirement System of Ohio purchased a new stake in Circle Internet Group in the 2nd quarter worth about $5,539,000. Fifth Third Bancorp purchased a new stake in Circle Internet Group in the 1st quarter valued at about $7,282,000. SBI Holdings USA Inc. bought a new position in Circle Internet Group in the 2nd quarter worth about $101,084,820. Sumitomo Mitsui Trust Group Inc. grew its stake in Circle Internet Group by 13.3% in the 1st quarter. Sumitomo Mitsui Trust Group Inc. now owns 2,917,764 shares of the company’s stock worth $278,384,000 after acquiring an additional 342,080 shares in the last quarter. Finally, Handelsbanken Fonder AB purchased a new position in shares of Circle Internet Group during the second quarter worth approximately $6,804,000.

Circle Internet Group News Summary

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.