Circle Internet Group (NYSE:CRCL) Shares Gap Up Following Better-Than-Expected Earnings

Shares of Circle Internet Group, Inc. (NYSE:CRCL) gapped up prior to trading on Wednesday after the company announced better than expected quarterly earnings. The stock had previously closed at $61.37, but opened at $73.77. Circle Internet Group shares last traded at $72.8880, with a volume of 18,456,847 shares traded.

The company reported $0.43 earnings per share for the quarter, topping analysts’ consensus estimates of $0.25 by $0.18. The company had revenue of $770.23 million during the quarter. The firm’s revenue was up 76.9% compared to the same quarter last year.

Circle Internet Group News Roundup

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

• Positive Sentiment: Q4 financial beat — Circle reported Q4 revenue of $770.2M (≈+77% YoY) and EPS of $0.43, topping consensus; adjusted EBITDA and net income improved materially. This is the primary driver of the rally. Business Wire
• Positive Sentiment: USDC and on‑chain activity surging — USDC circulation was reported at $75.3B (≈+72% YoY) and Q4 on‑chain transaction volume jumped ~247%, supporting reserve income and revenue growth. Business Wire
• Positive Sentiment: Market and media reaction — Multiple outlets and TV appearances highlighted the beat and growth, boosting investor interest and liquidity; trading volume spiked well above average as the stock rallied. Bloomberg Tech interview
• Neutral Sentiment: Management commentary — CEO Jeremy Allaire emphasized growth in new business lines and “record margins” and outlined ambitious targets in the earnings call; useful for long‑term thesis but execution risk remains. Earnings call transcript
• Neutral Sentiment: Analyst posture — H.C. Wainwright reiterated a Hold, weighing the strong USDC trends against macro and valuation uncertainties; some firms may wait for sustained margin trends before upgrading. TipRanks/H.C. Wainwright
• Negative Sentiment: Valuation and residual risk — Pre‑earnings share weakness and several pieces questioning fair value and whether the rally fully discounts macro/crypto cyclicality could cap upside; watch multiples and margin sustainability. Yahoo Finance valuation check

Analyst Upgrades and Downgrades

CRCL has been the topic of several analyst reports. Wolfe Research assumed coverage on shares of Circle Internet Group in a research note on Tuesday, December 2nd. They set an “underperform” rating and a $60.00 price target on the stock. Mizuho set a $77.00 price objective on shares of Circle Internet Group and gave the company a “neutral” rating in a research note on Wednesday, January 28th. Compass Point raised shares of Circle Internet Group from a “sell” rating to a “neutral” rating and set a $75.00 target price for the company in a research note on Thursday, January 29th. Robert W. Baird upgraded Circle Internet Group from a “hold” rating to a “strong-buy” rating in a report on Friday, November 14th. Finally, JPMorgan Chase & Co. reduced their price target on Circle Internet Group from $100.00 to $90.00 and set an “overweight” rating on the stock in a research note on Tuesday, February 10th. One equities research analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating, ten have assigned a Hold rating and three have given a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus target price of $131.76.

Insider Buying and Selling

In other news, CFO Jeremy Fox-Geen sold 23,830 shares of the business’s stock in a transaction on Friday, December 12th. The shares were sold at an average price of $90.00, for a total transaction of $2,144,700.00. Following the completion of the sale, the chief financial officer directly owned 282,173 shares of the company’s stock, valued at $25,395,570. The trade was a 7.79% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, CAO Tamara L. Schulz sold 4,438 shares of the company’s stock in a transaction on Monday, January 5th. The stock was sold at an average price of $85.19, for a total value of $378,073.22. Following the sale, the chief accounting officer owned 82,679 shares of the company’s stock, valued at approximately $7,043,424.01. The trade was a 5.09% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold 205,769 shares of company stock worth $17,148,896 over the last 90 days.

Hedge Funds Weigh In On Circle Internet Group

Several hedge funds and other institutional investors have recently modified their holdings of CRCL. General Catalyst Group Management LLC purchased a new stake in Circle Internet Group during the second quarter worth approximately $3,647,694,000. Marshall Wace LLP acquired a new stake in shares of Circle Internet Group during the second quarter valued at about $1,547,214,000. IDG Accel China Capital II Associates L.P. purchased a new stake in Circle Internet Group during the 4th quarter worth approximately $554,792,000. Accel XI Associates L.L.C. bought a new stake in shares of Circle Internet Group in the fourth quarter worth $513,844,000. Finally, Vanguard Group Inc. increased its position in shares of Circle Internet Group by 61.6% in the 3rd quarter. Vanguard Group Inc. now owns 5,578,696 shares of the company’s stock worth $739,624,000 after purchasing an additional 2,126,072 shares during the last quarter.

Circle Internet Group Stock Performance

The business’s 50 day moving average price is $72.09 and its 200-day moving average price is $101.07. The firm has a market cap of $19.53 billion and a price-to-earnings ratio of -36.23.

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.