Research Analysts Set Expectations for CRCL FY2027 Earnings

Circle Internet Group, Inc. (NYSE:CRCL) – Analysts at HC Wainwright decreased their FY2027 EPS estimates for Circle Internet Group in a research note issued to investors on Thursday, November 5th. HC Wainwright analyst M. Colonnese now expects that the company will post earnings of $1.28 per share for the year, down from their previous forecast of $1.39. HC Wainwright has a “Buy” rating and a $100.00 price objective on the stock. The consensus estimate for Circle Internet Group’s current full-year earnings is $1.20 per share. HC Wainwright also issued estimates for Circle Internet Group’s Q4 2027 earnings at $0.38 EPS.

Other equities analysts have also issued reports about the company. Mizuho set a $46.00 target price on Circle Internet Group in a report on Thursday, November 5th. Wells Fargo & Company decreased their price target on Circle Internet Group from $115.00 to $101.00 and set an “overweight” rating for the company in a research note on Thursday, November 5th. Sanford C. Bernstein reissued an “outperform” rating and set a $140.00 price objective on shares of Circle Internet Group in a report on Wednesday, July 29th. Citigroup initiated coverage on Circle Internet Group in a report on Thursday, November 5th. They set a “buy” rating on the stock. Finally, Zacks Research raised Circle Internet Group from a “hold” rating to a “strong-buy” rating in a research note on Friday, October 16th. Two analysts have rated the stock with a Strong Buy rating, fourteen have given a Buy rating, seven have issued a Hold rating and five have given a Sell rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus target price of $91.44.

Circle Internet Group Trading Up 3.4%

Shares of NYSE:CRCL opened at $67.20 on Thursday. The stock has a market capitalization of $17.06 billion, a PE ratio of 40.48 and a beta of 0.84. Circle Internet Group has a 1 year low of $49.90 and a 1 year high of $140.00. The firm has a fifty day moving average price of $83.99 and a 200 day moving average price of $85.56.

Circle Internet Group (NYSE:CRCL) last released its quarterly earnings results on Wednesday, November 4th. The company reported $0.84 earnings per share for the quarter, beating analysts’ consensus estimates of $0.42 by $0.42. Circle Internet Group had a net margin of 15.27% and a return on equity of 13.10%. The business had revenue of $864.89 million for the quarter. During the same quarter in the prior year, the business posted $0.64 EPS. The firm’s revenue for the quarter was up 16.9% compared to the same quarter last year.

Hedge Funds Weigh In On Circle Internet Group

Several large investors have recently made changes to their positions in the business. Pinnacle Wealth Planning Services Inc. grew its holdings in Circle Internet Group by 952.8% in the 3rd quarter. Pinnacle Wealth Planning Services Inc. now owns 379 shares of the company’s stock valued at $31,000 after buying an additional 343 shares during the last quarter. Global Assets Advisory LLC bought a new stake in shares of Circle Internet Group in the first quarter valued at approximately $43,000. GAMMA Investing LLC boosted its position in shares of Circle Internet Group by 28.6% in the second quarter. GAMMA Investing LLC now owns 715 shares of the company’s stock valued at $45,000 after acquiring an additional 159 shares during the period. Heritage Family Offices LLP bought a new stake in shares of Circle Internet Group in the third quarter valued at approximately $45,000. Finally, TrinityBridge Ltd grew its stake in shares of Circle Internet Group by 93.9% in the third quarter. TrinityBridge Ltd now owns 640 shares of the company’s stock worth $53,000 after acquiring an additional 310 shares during the last quarter.

Insider Activity

In related news, CEO Jeremy Allaire sold 56,205 shares of Circle Internet Group stock in a transaction on Thursday, November 5th. The shares were sold at an average price of $68.48, for a total value of $3,848,918.40. Following the transaction, the chief executive officer owned 221,355 shares in the company, valued at $15,158,390.40. This trade represents a 20.25% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Nikhil Chandhok sold 26,668 shares of the business’s stock in a transaction on Thursday, October 8th. The stock was sold at an average price of $79.59, for a total transaction of $2,122,506.12. Following the transaction, the insider directly owned 715,331 shares of the company’s stock, valued at approximately $56,933,194.29. This represents a 3.59% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last 90 days, insiders have sold 423,396 shares of company stock valued at $36,226,299. 10.85% of the stock is owned by corporate insiders.

About Circle Internet Group

Circle Internet Group develops digital financial infrastructure centered on stablecoins and blockchain-based payments. Its principal products include USDC, a U.S. dollar-pegged stablecoin, and EURC, a euro-pegged stablecoin. The company also provides services and software that help businesses use digital currencies for payments and financial applications. Circle Mint is a platform for eligible institutions to mint and redeem USDC and EURC. Circle also offers developer tools and infrastructure, including its Cross-Chain Transfer Protocol, which supports the movement of USDC across compatible blockchains.