Circle Internet Group (NYSE:CRCL) Price Target Cut to $101.00 by Analysts at Wells Fargo & Company

Circle Internet Group (NYSE:CRCL) had its price objective reduced by equities research analysts at Wells Fargo & Company from $115.00 to $101.00 in a report issued on Thursday, Benzinga reports. The firm currently has an “overweight” rating on the stock. Wells Fargo & Company‘s target price suggests a potential upside of 51.68% from the stock’s current price.

Several other equities analysts have also issued reports on CRCL. BMO Capital Markets began coverage on Circle Internet Group in a research report on Thursday. They set an “outperform” rating for the company. Keefe, Bruyette & Woods cut their price target on shares of Circle Internet Group from $105.00 to $90.00 and set a “market perform” rating on the stock in a research report on Thursday. Compass Point upgraded shares of Circle Internet Group from a “neutral” rating to a “buy” rating and set a $99.00 price target on the stock in a research report on Thursday. Piper Sandler upgraded shares of Circle Internet Group to a “neutral” rating in a report on Thursday. Finally, Barclays downgraded shares of Circle Internet Group to a “positive” rating in a research note on Thursday. Two analysts have rated the stock with a Strong Buy rating, fifteen have issued a Buy rating, seven have issued a Hold rating and five have given a Sell rating to the company’s stock. According to MarketBeat, the company presently has a consensus rating of “Hold” and a consensus price target of $94.59.

Circle Internet Group Price Performance

Shares of CRCL stock traded down $9.53 during trading hours on Thursday, reaching $66.59. The company had a trading volume of 9,283,567 shares, compared to its average volume of 14,252,618. Circle Internet Group has a 1-year low of $49.90 and a 1-year high of $140.00. The firm has a market cap of $16.90 billion, a price-to-earnings ratio of 45.98 and a beta of 0.84. The company has a 50 day moving average of $86.40 and a 200 day moving average of $85.71.

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

Insider Buying and Selling at Circle Internet Group

In related news, CFO Jeremy Fox-Geen sold 4,238 shares of the firm’s stock in a transaction on Tuesday, November 3rd. The shares were sold at an average price of $73.06, for a total transaction of $309,628.28. Following the sale, the chief financial officer directly owned 294,815 shares in the company, valued at $21,539,183.90. This trade represents a 1.42% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. 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. Also, CEO Jeremy Allaire sold 56,200 shares of the company’s stock in a transaction on Monday, October 5th. The stock was sold at an average price of $83.59, for a total transaction of $4,697,758.00. Following the completion of the transaction, the chief executive officer directly owned 277,560 shares of the company’s stock, valued at approximately $23,201,240.40. The trade was a 16.84% decrease in their ownership of the stock. 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. Insiders sold 372,633 shares of company stock worth $32,833,583 in the last quarter. Company insiders own 10.85% of the company’s stock.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently modified their holdings of the company. Southpoint Capital Advisors LP grew its stake in Circle Internet Group by 175.0% in the first quarter. Southpoint Capital Advisors LP now owns 3,300,000 shares of the company’s stock valued at $314,853,000 after purchasing an additional 2,100,000 shares in the last quarter. SBI Holdings USA Inc. bought a new stake in shares of Circle Internet Group during the 2nd quarter worth approximately $101,084,820. Accel XI Associates L.L.C. acquired a new stake in shares of Circle Internet Group in the 2nd quarter valued at approximately $56,999,563. Sumitomo Mitsui Trust Group Inc. increased its holdings in Circle Internet Group by 24.6% during the third quarter. Sumitomo Mitsui Trust Group Inc. now owns 3,970,939 shares of the company’s stock worth $326,292,000 after buying an additional 785,213 shares during the last quarter. Finally, Bank of New York Mellon Corp bought a new stake in Circle Internet Group during the second quarter worth $25,467,000.

Key Circle Internet Group News

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 beat the $0.42 consensus. USDC circulation averaged $73.3 billion, up 8%, and on-chain transaction volume grew 49%. Circle Reports Third Quarter 2026 Results
• Positive Sentiment: Compass Point upgraded CRCL from neutral to buy, setting a $99 price target. Compass Point analyst rating
• Neutral Sentiment: Analyst views were mixed: Susquehanna, Needham, HC Wainwright and Keefe, Bruyette & Woods lowered their price targets, though Needham and HC Wainwright retained buy ratings. Needham analyst rating
• Negative Sentiment: Reports said a $182 million ARC token sale helped offset weaker reserve yields, raising questions about whether core USDC-related earnings can sustain the quarter’s results as rates decline. Circle tops Q3 estimates as ARC token sale offsets lower reserve yields
• Negative Sentiment: Circle plans to cut about 5% of its workforce. The reduction may help control costs, but alongside the reserve-income pressure it adds to concerns about the business outlook. Circle trims staff after quarterly results

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.