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 5.627
  • Debt/Equity 0.0493
  • CurrentRatio 1.0299
  • ROIC -0.0229

 

  • MktCap 17106174546.0
  • FreeCF/Share 1.2512
  • PFCF 58.3761
  • PE -128.9513
  • Debt/Assets 0.0019
  • DivYield 0
  • ROE -0.0645

 

  • Rating D+
  • Score 1
  • Recommendation Strong Sell
  • P/E Score 1
  • DCF Score 1
  • P/B Score 1
  • D/E Score 2

Recent Analyst Ratings

Type Ticker Analyst Firm Previous Rating Current Rating Previous Price Target Current Price Target Date
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
Initiation CRCL Robert W. Baird -- Neutral -- $210 July 11, 2025
Initiation CRCL Mizuho -- Underperform -- $85 July 8, 2025

News

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.

Read More
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.

Read More
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.

Read More
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 …

Read More
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.

Read More
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.

Read More
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.

Read More
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.

Read More
image for news CRCL Pre-Q3 Earnings Analysis: Should You Hold or Fold the Stock?
Crypto & Blockchain Stocks Benefit From Favorable Policy Tailwinds
CME, COIN, CRCL
Published: November 04, 2025 by: Zacks Investment Research
Sentiment: Positive

Here, we discuss three stocks, CRCL, COIN and CME, 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 Benefit From Favorable Policy Tailwinds
CRCL's Arc Blockchain to Power Onchain Finance: What's Ahead?
CRCL
Published: October 29, 2025 by: Zacks Investment Research
Sentiment: Positive

Circle's new Arc blockchain, expanding partner base and growing USDC circulation strengthen its long-term payment infrastructure ambitions.

Read More
image for news CRCL's Arc Blockchain to Power Onchain Finance: What's Ahead?
CRCL vs. WULF: Which Crypto-Infrastructure Stock Has an Edge Now?
CRCL, WULF
Published: October 29, 2025 by: Zacks Investment Research
Sentiment: Neutral

Circle's expanding USDC network and narrowing losses position it ahead of TeraWulf, which faces rising costs and bitcoin-linked volatility.

Read More
image for news CRCL vs. WULF: Which Crypto-Infrastructure Stock Has an Edge Now?
Circle CEO: We're building an economic operating system for the internet
CRCL
Published: October 28, 2025 by: CNBC Television
Sentiment: Positive

Circle CEO Jeremy Allaire sits down with CNBC's Sara Eisen at the Future Investment Initiative 2025 conference in Riyadh to discuss the launch of Arc, a new blockchain network he calls “an economic operating system for the internet.”

Read More
image for news Circle CEO: We're building an economic operating system for the internet
Can a Rich Partner Base and USDC Adoption Push Circle Stock Higher?
CRCL
Published: October 22, 2025 by: Zacks Investment Research
Sentiment: Positive

Growing USDC adoption and new partnerships strengthen CRCL's long-term outlook, but stretched valuation and stiff competition weigh on near-term prospects.

Read More
image for news Can a Rich Partner Base and USDC Adoption Push Circle Stock Higher?
Circle: Disrupting The Digital Payment System
CRCL
Published: October 21, 2025 by: Seeking Alpha
Sentiment: Positive

Circle Internet Group is the second-largest stablecoin provider, positioned for strong network effects and institutional adoption through regulatory compliance. CRCL's USDC offers faster, cheaper payments than traditional systems, with significant growth potential as stablecoins expand into mainstream payments and institutional use. Valuation estimates CRCL at $185.6 per share, a 47% premium, with a 71.8% probability of outperforming its current price; a Buy rating is recommended.

Read More
image for news Circle: Disrupting The Digital Payment System
Circle Internet Group: Partnerships Continue Accelerating USDC And EURC Adoption
CRCL
Published: October 08, 2025 by: Seeking Alpha
Sentiment: Positive

Circle Internet Group (CRCL) is well-positioned for growth, driven by strategic partnerships with Kraken and Deutsche Börse Group to expand USDC and EURC adoption. The GENIUS Act provides regulatory clarity, fueling stablecoin adoption and supporting a projected 60% CAGR in USDC circulation, with Circle's revenue surging 53% YoY. CRCL is currently undervalued with a P/S ratio of 4.82x versus peers, and robust revenue growth justifies a price target of $247.67, implying 66.5% upside.

Read More
image for news Circle Internet Group: Partnerships Continue Accelerating USDC And EURC Adoption
CRCL vs. IREN: Which Crypto-Exposure Stock Has an Edge Now?
CRCL, IREN
Published: September 19, 2025 by: Zacks Investment Research
Sentiment: Positive

Circle gains on USDC adoption, but IREN Limited's surging AI cloud revenues and bitcoin mining strength give it an edge.

Read More
image for news CRCL vs. IREN: Which Crypto-Exposure Stock Has an Edge Now?
Rising USDC Adoption to Aid Circle Stock: What's the Path Ahead?
CRCL
Published: September 17, 2025 by: Zacks Investment Research
Sentiment: Positive

CRCL rides on strong USDC adoption, an improving regulatory environment, and new partnerships, amid intensifying competition.

Read More
image for news Rising USDC Adoption to Aid Circle Stock: What's the Path Ahead?
Kraken and Circle Partner to Accelerate Global Access and Utility of USDC and EURC
CRCL
Published: September 17, 2025 by: Business Wire
Sentiment: Neutral

CHEYENNE, Wyo.--(BUSINESS WIRE)--Kraken, one of the world's longest-standing, most secure and most liquid crypto platforms globally, has partnered with an affiliate of Circle Internet Group, Inc. (NYSE: CRCL), a global financial technology company and a stablecoin market leader. Together, the two companies will expand access to and the utility of USDC and EURC on the Kraken platform to accelerate the next wave of onchain financial applications. Kraken has long been one of the leading providers.

Read More
image for news Kraken and Circle Partner to Accelerate Global Access and Utility of USDC and EURC
CRCL, BLSH, ASTS & GTLB: Luke Lloyd's Growth Stock Picks
GTLB, ASTS, BLSH, CRCL
Published: September 15, 2025 by: Schwab Network
Sentiment: Positive

Luke Lloyd says the growth trade is back, and investors should stay alert when it comes to stocks that can accelerate momentum. He points to two recent IPOs in Bullish (BLSH) and Circle (CRCL) as beneficiaries of the crypto trade despite their sharp sell-offs from records.

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image for news CRCL, BLSH, ASTS & GTLB: Luke Lloyd's Growth Stock Picks
Circle Drops 30% in a Month: Should You Still Hold the CRCL Shares?
CRCL
Published: September 11, 2025 by: Zacks Investment Research
Sentiment: Negative

CRCL's USDC growth and rich partner base support long-term prospects amid valuation concerns and stiff competition.

Read More
image for news Circle Drops 30% in a Month: Should You Still Hold the CRCL Shares?
Circle (CRCL) Trading Analysis: A Hot IPO Gone South
CRCL
Published: September 05, 2025 by: See It Market
Sentiment: Negative

On June 5, 2025, Circle Internet Group Inc (NASDAQ: CRCL) had its IPO. The stock price opened at $69.00 per share.

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image for news Circle (CRCL) Trading Analysis: A Hot IPO Gone South
Circle Rides on Strong USDC Adoption: What's the Path Ahead?
CRCL
Published: August 28, 2025 by: Zacks Investment Research
Sentiment: Positive

CRCL rides on soaring USDC adoption, new platforms, and key partnerships to strong revenue growth and stock gains.

Read More
image for news Circle Rides on Strong USDC Adoption: What's the Path Ahead?
Circle and Paxos Team to Help Verify Crypto Payments
CRCL
Published: August 27, 2025 by: PYMNTS
Sentiment: Positive

Circle and Paxos Trust reportedly devised a way to help companies verify digital asset holdings. The two firms are working with Bluprynt, a FinTech startup founded by Georgetown Law School professor Chris Brummer, Bloomberg reported Wednesday (Aug. 27).

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image for news Circle and Paxos Team to Help Verify Crypto Payments

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.