Circle Internet Group (NYSE:CRCL) Price Target Cut to $111.00 by Analysts at Wells Fargo & Company

Circle Internet Group (NYSE:CRCL) had its target price lowered by Wells Fargo & Company from $128.00 to $111.00 in a note issued to investors on Thursday,Benzinga reports. The brokerage currently has an “overweight” rating on the stock. Wells Fargo & Company‘s price objective indicates a potential upside of 27.05% from the company’s previous close.

A number of other research analysts also recently issued reports on the company. Mizuho set a $77.00 price target on Circle Internet Group and gave the company a “neutral” rating in a report on Wednesday, January 28th. Sanford C. Bernstein set a $190.00 target price on shares of Circle Internet Group in a research report on Tuesday, January 6th. HC Wainwright assumed coverage on shares of Circle Internet Group in a report on Friday, December 19th. They issued a “neutral” rating and a $85.00 price target for the company. William Blair reissued an “outperform” rating on shares of Circle Internet Group in a research report on Wednesday. Finally, Needham & Company LLC lowered their price target on Circle Internet Group from $190.00 to $130.00 and set a “buy” rating for the company in a research report on Thursday. One investment analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating, ten have given a Hold rating and three have given a Sell rating to the stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average target price of $122.12.

Circle Internet Group Stock Up 5.1%

NYSE:CRCL traded up $4.23 during mid-day trading on Thursday, hitting $87.37. 28,005,613 shares of the stock traded hands, compared to its average volume of 12,317,777. Circle Internet Group has a 52 week low of $49.90 and a 52 week high of $298.99. The stock has a market capitalization of $20.57 billion and a price-to-earnings ratio of -38.52. The firm’s 50 day moving average is $72.09 and its two-hundred day moving average is $101.07.

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

Insider Buying and Selling

In other news, insider Nikhil Chandhok sold 100,000 shares of the firm’s stock in a transaction that occurred on Monday, December 1st. The shares were sold at an average price of $77.08, for a total transaction of $7,708,000.00. Following the sale, the insider owned 493,639 shares of the company’s stock, valued at $38,049,694.12. This trade represents a 16.85% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, CAO Tamara L. Schulz sold 4,438 shares of Circle Internet Group stock in a transaction on Monday, January 5th. The shares were sold at an average price of $85.19, for a total transaction of $378,073.22. Following the completion of the transaction, the chief accounting officer directly owned 82,679 shares of the company’s stock, valued at $7,043,424.01. The trade was a 5.09% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 205,769 shares of company stock valued at $17,148,896 in the last three months.

Hedge Funds Weigh In On Circle Internet Group

A number of large investors have recently added to or reduced their stakes in the stock. JPMorgan Chase & Co. acquired a new position in shares of Circle Internet Group in the 2nd quarter worth approximately $65,261,000. Rakuten Securities Inc. bought a new stake in Circle Internet Group in the 3rd quarter valued at about $2,491,000. Telligent Fund LP acquired a new position in Circle Internet Group during the 2nd quarter valued at about $3,263,000. CloudAlpha Capital Management Limited Hong Kong increased its stake in shares of Circle Internet Group by 181.1% in the third 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. increased its stake in shares of Circle Internet Group by 20.8% in the third 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 during the period.

More Circle Internet Group News

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

• Positive Sentiment: Q4 results materially beat expectations — EPS $0.43 vs. $0.25 consensus and revenue $770M (≈+77% YoY); adjusted EBITDA and net income improved, supporting a near‑term earnings-driven rally. Business Wire: Q4 Results
• Positive Sentiment: USDC growth remains the core catalyst — USDC in circulation ~$75.3B (+72% Y/Y) and Q4 on‑chain transaction volume of $11.9T (+247%), signaling durable demand for Circle’s stablecoin business and driving fee/reserve income. Business Wire: USDC Metrics
• Positive Sentiment: Strong media and management visibility — CEO interviews and widespread coverage highlighted stablecoin momentum and new business lines, amplifying investor attention and supporting the share move. Bloomberg Tech Interview
• Neutral Sentiment: Analyst caution / hold views exist alongside bullish data — some firms (e.g., H.C. Wainwright, other analysts cited on TipRanks) are keeping or reiterating hold ratings, noting macro uncertainty and expense trajectory despite top‑line strength. TipRanks: Hold Analysis
• Neutral Sentiment: Valuation debate is resurfacing — coverage asks whether the stock should be reassessed after post‑IPO moves and recent volatility; investors should weigh growth vs. valuation and margin sustainability. Yahoo Finance: Reassess Article
• Negative Sentiment: Price targets were cut by some firms despite keeping buy ratings — Canaccord lowered its PT to $160 (from $247) and Needham lowered to $130 (from $190), which narrows analyst upside and could cap medium‑term gains if others follow. Benzinga: Canaccord/Needham PT Cuts TickerReport: Needham

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.