Circle Internet Group (NYSE:CRCL) Given New $160.00 Price Target at Canaccord Genuity Group

Circle Internet Group (NYSE:CRCL) had its price target cut by Canaccord Genuity Group from $247.00 to $160.00 in a report published on Thursday morning,Benzinga reports. They currently have a buy rating on the stock.

CRCL has been the topic of a number of other research reports. Morgan Stanley began coverage on Circle Internet Group in a report on Monday, February 2nd. They set an “equal weight” rating and a $66.00 price objective on the stock. Wall Street Zen downgraded shares of Circle Internet Group from a “hold” rating to a “sell” rating in a report on Saturday, December 13th. Deutsche Bank Aktiengesellschaft reduced their price objective on shares of Circle Internet Group from $147.00 to $90.00 and set a “hold” rating for the company in a research note on Thursday, November 13th. Wells Fargo & Company lowered their target price on shares of Circle Internet Group from $160.00 to $128.00 and set an “overweight” rating on the stock in a research note on Thursday, November 13th. Finally, HC Wainwright assumed coverage on shares of Circle Internet Group in a research report on Friday, December 19th. They set a “neutral” rating and a $85.00 price target for the company. One investment analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating, ten have assigned a Hold rating and three have given a Sell rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of “Hold” and a consensus target price of $122.12.

Circle Internet Group Trading Up 4.8%

CRCL opened at $87.14 on Thursday. Circle Internet Group has a 12 month low of $49.90 and a 12 month high of $298.99. The company has a market cap of $20.52 billion and a PE ratio of -38.05. The company has a 50 day moving average of $72.22 and a 200 day moving average of $100.97.

Circle Internet Group (NYSE:CRCL) last posted its earnings results on Wednesday, February 25th. The company reported $0.43 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.25 by $0.18. The company had revenue of $770.23 million for the quarter. The company’s quarterly revenue was up 76.9% on a year-over-year basis.

Insider Activity at Circle Internet Group

In related news, Director Patrick Sean Neville sold 30,000 shares of Circle Internet Group stock in a transaction on Friday, December 12th. The shares were sold at an average price of $90.00, for a total value of $2,700,000.00. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, CEO Jeremy Allaire sold 7,055 shares of the business’s stock in a transaction on Friday, December 12th. The stock was sold at an average price of $90.05, for a total transaction of $635,302.75. Following the completion of the sale, the chief executive officer directly owned 77,572 shares of the company’s stock, valued at $6,985,358.60. This represents a 8.34% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 205,769 shares of company stock worth $17,148,896 in the last 90 days.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in CRCL. JPMorgan Chase & Co. purchased a new position in Circle Internet Group in the 2nd quarter worth about $65,261,000. Rakuten Securities Inc. purchased a new stake in Circle Internet Group in the third quarter worth about $2,491,000. Telligent Fund LP bought a new position in Circle Internet Group during the 2nd quarter worth about $3,263,000. CloudAlpha Capital Management Limited Hong Kong increased its position in Circle Internet Group by 181.1% during the 3rd quarter. CloudAlpha Capital Management Limited Hong Kong now owns 283,964 shares of the company’s stock valued at $37,648,000 after purchasing an additional 182,954 shares during the period. Finally, Rheos Capital Works Inc. raised its holdings in shares of Circle Internet Group by 20.8% in the 3rd quarter. Rheos Capital Works Inc. now owns 302,000 shares of the company’s stock valued at $40,039,000 after purchasing an additional 52,000 shares in the last quarter.

Key Headlines Impacting Circle Internet Group

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

• Positive Sentiment: Q4 beat: Circle reported Q4 revenue of ~$770M and EPS of $0.43, topping estimates; revenue rose ~77% YoY driven by reserve income and higher margins — the company posted strong adjusted EBITDA and net income gains. BusinessWire: Q4 Results
• Positive Sentiment: USDC momentum: USDC in circulation grew ~72% to ~$75B and on‑chain transaction volume jumped, helping reserve income and margins — the core stablecoin business is the primary earnings driver. Zacks: Q4 Earnings & Revenues
• Positive Sentiment: Market reaction and coverage: Reports and analyst notes following the beat pushed the stock sharply higher in premarket/session trading; media and interviews (Bloomberg/CNBC) amplified the narrative of stablecoin-led resilience. Invezz: Why Circle stock is up
• Neutral Sentiment: Analyst actions mixed: Several firms trimmed price targets (Wells Fargo, Canaccord, Needham) but left buy/overweight stances in many cases — suggests optimism remains but expectations on valuation/timing were reset. Benzinga: Analyst Notes
• Neutral Sentiment: Technical/context: The stock is trading above its 50‑day average but below the 200‑day average; intraday volume is much higher than usual, indicating a strong short‑term move that may retrace. MarketBeat: Price Data
• Negative Sentiment: Cost/expense trajectory and macro risks: Some analysts caution that rising costs and a less favorable expense profile could limit margin sustainment, and macro/crypto market uncertainty could pressure multiples despite top‑line growth. TipRanks: Balanced Risk-Reward / Hold

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.