Circle Internet Group (CRCL)

US — Financial Services Sector
Peers: FUTU  MS  LPLA  RJF  IX  TW  SYF  FITB  WRB 

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Key Metrics & Ratings

  • symbol CRCL
  • Rev/Share 10.3423
  • Book/Share 12.9093
  • PB 6.4217
  • Debt/Equity 0.0493
  • CurrentRatio 1.0299
  • ROIC -0.0229

 

  • MktCap 19522327504.0
  • FreeCF/Share 1.2512
  • PFCF 66.6214
  • PE -147.165
  • Debt/Assets 0.0019
  • DivYield 0
  • ROE -0.0645

 

  • Rating C-
  • Score 1
  • Recommendation Strong Sell
  • P/E Score 1
  • DCF Score 1
  • P/B Score 1
  • D/E Score 4

Recent Analyst Ratings

Type Ticker Analyst Firm Previous Rating Current Rating Previous Price Target Current Price Target Date
Initiation CRCL H.C. Wainwright -- Neutral -- $85 Dec. 19, 2025
Initiation CRCL Wolfe Research -- Underperform -- $60 Dec. 2, 2025
Upgrade CRCL JP Morgan Underweight Overweight -- $100 Nov. 13, 2025
Initiation CRCL Monness Crespi & Hardt -- Buy -- $150 Nov. 10, 2025
Initiation CRCL Wells Fargo -- Overweight -- $160 Oct. 22, 2025
Initiation CRCL William Blair -- Outperform -- -- Oct. 14, 2025
Initiation CRCL Rothschild & Co Redburn -- Neutral -- $136 Oct. 3, 2025
Initiation CRCL Citizens JMP -- Market Perform -- -- Sept. 30, 2025
Resumed CRCL Oppenheimer -- Perform -- -- Sept. 12, 2025
Downgrade CRCL Compass Point Neutral Sell -- $130 July 22, 2025

News

Circle's Non-Interest Revenues Accelerate: Can the Momentum Continue?
CRCL
Published: January 09, 2026 by: Zacks Investment Research
Sentiment: Positive

CRCL shows rapid growth in non-interest revenues, lifting 2025 guidance as subscriptions, services and transaction fees scale across its platform.

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image for news Circle's Non-Interest Revenues Accelerate: Can the Momentum Continue?
BBSEY vs. CRCL: Which Stock Is the Better Value Option?
BBSEY, CRCL
Published: January 08, 2026 by: Zacks Investment Research
Sentiment: Neutral

Investors with an interest in Financial - Miscellaneous Services stocks have likely encountered both BB Seguridade Participacoes SA (BBSEY) and Circle Internet Group, Inc. (CRCL). But which of these two stocks offers value investors a better bang for their buck right now?

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image for news BBSEY vs. CRCL: Which Stock Is the Better Value Option?
BBSEY vs. CRCL: Which Stock Is the Better Value Option?
BBSEY, CRCL
Published: January 06, 2026 by: Zacks Investment Research
Sentiment: Positive

Investors looking for stocks in the Financial - Miscellaneous Services sector might want to consider either BB Seguridade Participacoes SA (BBSEY) or Circle Internet Group, Inc. (CRCL). But which of these two companies is the best option for those looking for undervalued stocks?

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image for news BBSEY vs. CRCL: Which Stock Is the Better Value Option?
3 Reasons to Hold Circle Stock Despite Its 59% Plunge in 6 Months
CRCL
Published: January 06, 2026 by: Zacks Investment Research
Sentiment: Negative

CRCL shares are down 59% in six months, but accelerating USDC adoption, revenue diversification and Arc's long-term platform potential support a hold case.

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image for news 3 Reasons to Hold Circle Stock Despite Its 59% Plunge in 6 Months
Crypto & Blockchain Stocks to Gain From Supportive Policy Backdrop
CRCL, FIGR, HOOD
Published: December 22, 2025 by: Zacks Investment Research
Sentiment: Positive

Here, we discuss three stocks, HOOD, FIGR and CRCL, which are well-poised to benefit from the growing proliferation of bitcoin and other cryptocurrencies.

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image for news Crypto & Blockchain Stocks to Gain From Supportive Policy Backdrop
CRCL's Arc Adoption Expands: Is a New Revenue Engine Taking Shape?
CRCL
Published: December 17, 2025 by: Zacks Investment Research
Sentiment: Positive

Circle is expanding Arc adoption with a growing institutional testnet, signaling a shift toward a full-stack financial infrastructure platform.

Read More
image for news CRCL's Arc Adoption Expands: Is a New Revenue Engine Taking Shape?
Visa Launches Stablecoin Settlement for U.S. Banks. Circle Stock Is the Big Winner.
BAC, C, CRCL, GS, JPM, MS, V, WFC
Published: December 16, 2025 by: Barrons
Sentiment: Positive

Banks can now settle transactions with Visa using Circle Internet Group's USDC.

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image for news Visa Launches Stablecoin Settlement for U.S. Banks. Circle Stock Is the Big Winner.
Circle shares rise as Visa launches USDC settlement in US
CRCL, V
Published: December 16, 2025 by: Proactive Investors
Sentiment: Positive

Circle Internet Group (NYSE:CRCL) shares jumped 8.4% following Visa Inc (NYSE:V, XETRA:3V64)'s announcement that US banks can now settle transactions using the stablecoin USDC, a signal of broader institutional adoption of blockchain-based payment solutions. Visa's expansion brings stablecoin settlement to the US for the first time, initially allowing banking partners Cross River Bank and Lead Bank to settle using USDC on the Solana blockchain.

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image for news Circle shares rise as Visa launches USDC settlement in US
Riding on the Cashless Wave: 3 Fintech Stocks Positioned for 2026
CRCL, SOFI, XYZ
Published: December 16, 2025 by: Zacks Investment Research
Sentiment: Positive

SoFi, Block and Circle benefit from the digital payment surge, with strong growth potential heading into 2026.

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image for news Riding on the Cashless Wave: 3 Fintech Stocks Positioned for 2026
Circle vs. Strategy: Which Crypto-Exposed Stock Has an Edge Now?
CRCL, MSTR
Published: December 15, 2025 by: Zacks Investment Research
Sentiment: Positive

CRCL's USDC growth, rising transaction volumes, and expanding payments and blockchain products put it ahead of MSTR in terms of diversified crypto exposure.

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image for news Circle vs. Strategy: Which Crypto-Exposed Stock Has an Edge Now?
Trump Administration Approves First Round of Crypto-Focused Banks
CRCL
Published: December 12, 2025 by: WSJ
Sentiment: Positive

Circle, Paxos and Ripple are among those receiving conditional approval.

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image for news Trump Administration Approves First Round of Crypto-Focused Banks
Circle Receives Conditional Approval from OCC for National Trust Charter
CRCL
Published: December 12, 2025 by: Business Wire
Sentiment: Neutral

NEW YORK--(BUSINESS WIRE)--Circle Internet Group, Inc. (NYSE: CRCL), one of the world's leading internet financial platform companies, today announced that it has received conditional approval from the Office of the Comptroller of the Currency (OCC) to establish a national trust bank, First National Digital Currency Bank, N.A. Once fully approved, First National Digital Currency Bank would operate as a federally regulated trust bank, subject to OCC oversight, and would oversee the management of.

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image for news Circle Receives Conditional Approval from OCC for National Trust Charter
CRCL's Accelerating USDC Adoption Drives Top Line: What's Ahead?
CRCL
Published: December 04, 2025 by: Zacks Investment Research
Sentiment: Positive

Circle rides surging USDC adoption as soaring circulation, rising volumes and expanding networks power its growth momentum.

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image for news CRCL's Accelerating USDC Adoption Drives Top Line: What's Ahead?
Circle Internet Group: Finally Undervalued For Its Growth
CRCL
Published: December 03, 2025 by: Seeking Alpha
Sentiment: Positive

Circle Internet Group (CRCL) is upgraded to Buy, reflecting strong Q3 results and an attractive valuation after a share price dip. CRCL's Q3 revenue grew 12.4% QoQ, with USDC circulation rising from $61.3B to $71.3B and robust free cash flow generation. Despite Fed rate cuts pressuring yields, CRCL's trust advantage and audited reserves position it for continued growth in stablecoins.

Read More
image for news Circle Internet Group: Finally Undervalued For Its Growth
Circle Shares Dip 33% in 3 Months: Is it Wise to Hold the Stock Now?
CRCL
Published: December 01, 2025 by: Zacks Investment Research
Sentiment: Positive

CRCL shares slide 33% as costs climb and competition tightens, even as USDC strength and CPN expansion support long-term potential.

Read More
image for news Circle Shares Dip 33% in 3 Months: Is it Wise to Hold the Stock Now?
CIFR vs. CRCL: Which Crypto-Infrastructure Stock Has an Edge Now?
CIFR, CRCL
Published: November 27, 2025 by: Zacks Investment Research
Sentiment: Positive

Cipher Mining's mining momentum meets rising competition from Circle Internet Group as both chase growth in a crypto market expanding at a rapid pace.

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image for news CIFR vs. CRCL: Which Crypto-Infrastructure Stock Has an Edge Now?
Circle's Arc Network Gains Momentum: Is It the Next Growth Catalyst?
CRCL
Published: November 27, 2025 by: Zacks Investment Research
Sentiment: Positive

CRCL's Arc Network enters public testing with 100+ major partners, positioning Circle for a potential leap in internet-finance growth.

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image for news Circle's Arc Network Gains Momentum: Is It the Next Growth Catalyst?
Why Circle Stock Is Falling—and Why Some Analysts See Big Upside
CRCL
Published: November 24, 2025 by: MarketBeat
Sentiment: Negative

Circle Internet Group NYSE: CRCL, the fintech best known as the issuer of the stablecoin USDC, has been on a tumultuous share price path since going public in June.

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image for news Why Circle Stock Is Falling—and Why Some Analysts See Big Upside
Circle Internet Group, Inc. (CRCL) Presents at Citi's 14th Annual FinTech Conference Transcript
CRCL
Published: November 19, 2025 by: Seeking Alpha
Sentiment: Neutral

Circle Internet Group, Inc. ( CRCL ) Citi's 14th Annual FinTech Conference November 19, 2025 11:15 AM EST Company Participants Jeremy Allaire - Co-Founder, Chairman & CEO Conference Call Participants Peter Christiansen - Citigroup Inc., Research Division Presentation Peter Christiansen Citigroup Inc., Research Division At Citi's 14th Annual Fintech Conference. My name is Peter Christiansen on Citi's Research Team covering a number of digital assets companies, and I am more than delighted to welcome Jeremy Allaire, CEO, Co-Founder of Circle.

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image for news Circle Internet Group, Inc. (CRCL) Presents at Citi's 14th Annual FinTech Conference Transcript
Circle: The Stablecoin Leader Powering The Future Of Digital Assets And Global Payments
CRCL
Published: November 14, 2025 by: Seeking Alpha
Sentiment: Positive

Circle Internet Group (NYSE:CRLC) is a leading global fintech and the second-largest stablecoin issuer, with strong growth in USDC circulation and revenue. CRCL reported FQ3 2025 results with 66% revenue growth and 108% USDC circulation growth, reinforcing its premium valuation and leadership in digital payments. Strategic partnerships and favorable market trends position CRCL for continued expansion, supported by a bullish outlook on stablecoin adoption and regulatory tailwinds.

Read More
image for news Circle: The Stablecoin Leader Powering The Future Of Digital Assets And Global Payments
Circle Q3 Earnings & Revenues Beat Estimates, Shares Decline
CRCL
Published: November 13, 2025 by: Zacks Investment Research
Sentiment: Positive

CRCL beats Q3 estimates with surging revenues and USDC growth, yet shares tumble as investor concerns overshadow strong results.

Read More
image for news Circle Q3 Earnings & Revenues Beat Estimates, Shares Decline
Circle Stock Slides Despite Upbeat Earnings
CRCL
Published: November 12, 2025 by: Schaeffers Research
Sentiment: Negative

Circle (NYSE:CRCL) shares are lower today, despite the Stablecoin issuer reporting better-than-expected adjusted third-quarter earnings of 64 cents per share, on $740 million in revenue, both of which topped analyst forecasts.

Read More
image for news Circle Stock Slides Despite Upbeat Earnings
Circle Internet Group, Inc. (CRCL) Q3 2025 Earnings Call Transcript
CRCL
Published: November 12, 2025 by: Seeking Alpha
Sentiment: Neutral

Circle Internet Group, Inc. ( CRCL ) Q3 2025 Earnings Call November 12, 2025 8:00 AM EST Company Participants John Andrews - Vice President of Capital Markets & Investor Relations Jeremy Allaire - Co-Founder, Chairman & CEO Jeremy Fox-Geen - Chief Financial Officer Conference Call Participants Peter Christiansen - Citigroup Inc., Research Division Jeffrey Cantwell - Seaport Research Partners Joseph Vafi - Canaccord Genuity Corp., Research Division Devin Ryan - Citizens JMP Securities, LLC, Research Division John Todaro - Needham & Company, LLC, Research Division Kenneth Suchoski - Autonomous Research US LP Dan Dolev - Mizuho Securities USA LLC, Research …

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image for news Circle Internet Group, Inc. (CRCL) Q3 2025 Earnings Call Transcript
Top Stock Movers Now: AMD, On Holding, Circle Internet Group, and More
AMD, CRCL, ONON
Published: November 12, 2025 by: Investopedia
Sentiment: Positive

Major U.S. equities indexes were mixed at midday Wednesday ahead of a vote to fund the federal government and end the 43-day shutdown. The Dow Jones Industrial Average rose to a record high but they Nasdaq and S&P 500 were lower.

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image for news Top Stock Movers Now: AMD, On Holding, Circle Internet Group, and More
Q3-25 Earnings: Circle's Valuation & Revenue Concentration Problems
CRCL
Published: November 12, 2025 by: Seeking Alpha
Sentiment: Neutral

Circle Internet Group (CRCL) remains highly dependent on reserve revenues, with 96% of top-line income tied to interest rates. USDC supply has grown rapidly in 2025, outpacing major competitors in rate of change, but usage is concentrated in DeFi applications rather than real economic merchant usage. CRCL's valuation is extended based on optimistic assumptions and estimates about future revenue from reserves.

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image for news Q3-25 Earnings: Circle's Valuation & Revenue Concentration Problems
Circle Internet Group, Inc. (CRCL) Q3 Earnings: Taking a Look at Key Metrics Versus Estimates
CRCL
Published: November 12, 2025 by: Zacks Investment Research
Sentiment: Positive

Although the revenue and EPS for Circle Internet Group, Inc. (CRCL) give a sense of how its business performed in the quarter ended September 2025, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.

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image for news Circle Internet Group, Inc. (CRCL) Q3 Earnings: Taking a Look at Key Metrics Versus Estimates
Circle Internet Group stock is sliding despite strong revenue and higher average USDC in circulation
CRCL
Published: November 12, 2025 by: Fast Company
Sentiment: Neutral

Circle Internet Group released its third-quarter earnings on Wednesday, November 12, announcing a 66% jump in revenue and reserve income year-over-year (YOY). The $740 million figure stemmed, in large part, from a 97% increase YOY of average USDC in circulation.

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image for news Circle Internet Group stock is sliding despite strong revenue and higher average USDC in circulation
Circle stock declines despite beating Q3 estimates
CRCL
Published: November 12, 2025 by: Invezz
Sentiment: Neutral

Shares of Circle Internet Group, Inc. (NYSE: CRCL) fell on Wednesday despite the issuer of the USDC stablecoin reporting quarterly earnings that topped Wall Street expectations. The company's third-quarter fiscal 2025 results reflected a sharp rise in revenue and profit, driven by continued adoption of its USD-pegged cryptocurrency, USDC.

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image for news Circle stock declines despite beating Q3 estimates
Wall Street Roundup: Layoff Surge, Prolonged Shutdown, Cracks In AI Trade
AMD, AMZN, BABA, CRCL, CRWV, CSCO, DASH, DIS, GOOG, GOOGL, META, NVDA, ORCL, PLTR, TSN, UBER
Published: November 07, 2025 by: Seeking Alpha
Sentiment: Negative

AI sector stocks like Palantir (PLTR), Nvidia (NVDA), and AMD face valuation concerns despite strong earnings, leading to recent pullbacks. The government shutdown and lack of economic data are increasing uncertainty, with job cuts rising sharply and consumer spending at risk.

Read More
image for news Wall Street Roundup: Layoff Surge, Prolonged Shutdown, Cracks In AI Trade
CRCL Pre-Q3 Earnings Analysis: Should You Hold or Fold the Stock?
CRCL
Published: November 07, 2025 by: Zacks Investment Research
Sentiment: Positive

Circle's Q3 results may show solid revenue and earnings momentum as USDC adoption and new blockchain products fuel growth.

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image for news CRCL Pre-Q3 Earnings Analysis: Should You Hold or Fold the Stock?

About Circle Internet Group (CRCL)

  • IPO Date 2025-06-04
  • Website https://www.circle.com
  • Industry Financial - Capital Markets
  • CEO Jeremy D. Allaire
  • Employees 900

Circle Internet Group, Inc. operates as a platform, network, and market infrastructure for stablecoin and blockchain applications. The company provides a suite of stablecoins and related products that include a network utility and application platform for organizations to benefit from stablecoins and the internet financial system; and issues a U.S. dollar-denominated stablecoin. Its stablecoins network comprises circle stablecoins, tokenized funds, liquidity, payments, and developer services, as well as integration services. The company was founded in 2013 and is based in New York, New York.