
CRCL Stock Forecast & Price Target
CRCL Analyst Ratings
Bulls say
Circle Internet Group Inc. showcases a positive outlook driven by significant growth metrics in the adoption and circulation of its USD Coin (USDC), highlighted by a quarterly increase of 20.2% in USDC circulation to $73.75 billion by the end of 3Q25. The company also reported total revenue and reserve income of $1.68 billion in 2024, reflecting a 16% year-over-year growth fueled by a higher reserve return rate, which rose to 5.0%. Additionally, projections indicate substantial future growth, with net revenue anticipated to surge from $0.7 billion in 2024 to approximately $2 billion by 2027, translating to a nearly 50% compounded annual growth rate (CAGR).
Bears say
The financial outlook for Circle Internet Group Inc is negatively impacted by a projected decline in its reserve return rate, which is estimated to fall from 4.15% in 3Q25 to 3.14% in 2Q26, signaling a significant challenge for top-line revenue. Additionally, Circle's performance is constrained by increased competition from bank-issued stablecoins and potential regulatory hurdles, which may limit the circulation of USD Coin (USDC) below $120 billion and compress reserve yields, ultimately affecting EBITDA growth. Furthermore, the company's current valuation metrics, such as an EV/2026 revenue multiple of approximately 9x and an adjusted EBITDA multiple of around 39x, significantly exceed those of its FinTech peers, indicating a potentially overvalued stock in a challenging market environment.
This aggregate rating is based on analysts' research of Circle Internet Group Inc and is not a guaranteed prediction by Public.com or investment advice.
CRCL Analyst Forecast & Price Prediction
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