Circle Internet Group (NYSE:CRCL) Stock Price Target Lowered at TD Cowen

Circle Internet Group (NYSE:CRCL) had its price objective decreased by TD Cowen from $92.00 to $87.00 in a report issued on Thursday, Benzinga reports. The brokerage currently has a “buy” rating on the stock. TD Cowen‘s price target suggests a potential upside of 25.41% from the stock’s previous close.

Other equities research analysts have also issued reports about the stock. Deutsche Bank Aktiengesellschaft raised shares of Circle Internet Group from a “hold” rating to a “buy” rating in a report on Thursday. Morgan Stanley downgraded shares of Circle Internet Group from an “underweight” rating to a “cautious” rating in a research note on Thursday. Susquehanna cut their target price on shares of Circle Internet Group from $92.00 to $86.00 and set a “neutral” rating on the stock in a research report on Thursday. Zacks Research upgraded shares of Circle Internet Group from a “hold” rating to a “strong-buy” rating in a report on Friday, October 16th. Finally, Raymond James Financial initiated coverage on Circle Internet Group in a report on Tuesday, July 21st. They set a “market perform” rating on the stock. Two research analysts have rated the stock with a Strong Buy rating, fifteen have given a Buy rating, seven have issued a Hold rating and five have assigned a Sell rating to the stock. According to data from MarketBeat.com, Circle Internet Group presently has a consensus rating of “Hold” and a consensus price target of $94.29.

Circle Internet Group Stock Performance

Shares of Circle Internet Group stock traded down $6.75 on Thursday, reaching $69.37. 14,165,982 shares of the stock were exchanged, compared to its average volume of 14,276,931. The firm’s 50 day moving average is $86.40 and its 200-day moving average is $85.71. The firm has a market cap of $17.61 billion, a PE ratio of 47.84 and a beta of 0.84. Circle Internet Group has a one year low of $49.90 and a one year high of $140.00.

Circle Internet Group (NYSE:CRCL) last released its earnings results on Wednesday, November 4th. The company reported $0.84 earnings per share for the quarter, topping the consensus estimate 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 firm had revenue of $864.89 million during the quarter. During the same quarter in the previous year, the company earned $0.64 earnings per share. The firm’s revenue for the quarter was up 16.9% on a year-over-year basis. On average, equities research analysts expect that Circle Internet Group will post 1.14 EPS for the current fiscal year.

Insider Buying and Selling

In related news, insider Nikhil Chandhok sold 26,668 shares of the stock in a transaction on Thursday, October 8th. The stock was sold at an average price of $79.59, for a total value of $2,122,506.12. Following the completion of the sale, the insider directly owned 715,331 shares in the company, valued at $56,933,194.29. This represents a 3.59% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Jeremy Allaire sold 56,200 shares of the firm’s stock in a transaction on Monday, October 5th. The stock was sold at an average price of $83.59, for a total value of $4,697,758.00. Following the transaction, the chief executive officer directly owned 277,560 shares of the company’s stock, valued at approximately $23,201,240.40. This represents a 16.84% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold a total of 372,633 shares of company stock valued at $32,833,583 over the last quarter. 10.85% of the stock is currently owned by company insiders.

Institutional Investors Weigh In On Circle Internet Group

Institutional investors and hedge funds have recently made changes to their positions in the stock. Fulcrum Asset Management LLP bought a new stake in Circle Internet Group during the 3rd quarter valued at $4,265,000. Ethic Inc. raised its holdings in Circle Internet Group by 21.2% during the third quarter. Ethic Inc. now owns 5,361 shares of the company’s stock worth $441,000 after buying an additional 939 shares during the last quarter. 180 Wealth Advisors LLC bought a new position in shares of Circle Internet Group in the third quarter valued at $333,000. StoneX Group Inc. bought a new position in shares of Circle Internet Group in the third quarter valued at $1,440,000. Finally, Pictet Asset Management Holding SA grew its holdings in shares of Circle Internet Group by 54.9% during the third quarter. Pictet Asset Management Holding SA now owns 134,636 shares of the company’s stock valued at $11,063,000 after buying an additional 47,714 shares during the last quarter.

Key Headlines Impacting Circle Internet Group

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

• Positive Sentiment: Circle reported Q3 EPS of $0.84, double the $0.42 consensus estimate, while revenue and reserve income rose 17% year over year to $865 million. USDC on-chain 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 with a $99 target. Wells Fargo, Needham and HC Wainwright also maintained bullish ratings, although each lowered its price target. Compass Point recommendation
• Neutral Sentiment: Circle plans to reduce its workforce by about 5%. The cuts may help control expenses, though they also come amid concerns about business pressures. Circle trims staff 5%
• Negative Sentiment: Investors may be questioning the quality and sustainability of the beat: reports say a $182 million ARC token sale helped offset lower reserve income, while falling interest rates and distribution costs could weigh on the core stablecoin business. Q3 earnings call highlights
• Negative Sentiment: Several firms lowered their targets, reinforcing a more cautious near-term outlook. Deutsche Bank cut its target to $65 and kept Hold; Susquehanna lowered its target to $86 and remained Neutral, while KBW reduced its target to $90 and kept Market Perform. Deutsche Bank adjusts Circle price target

About Circle Internet Group

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.