Circle Internet Group (NYSE:CRCL) Given New $86.00 Price Target at Susquehanna

Circle Internet Group (NYSE:CRCL) had its price target lowered by Susquehanna from $92.00 to $86.00 in a research note issued to investors on Thursday,Benzinga reports. Susquehanna currently has a neutral rating on the stock.

CRCL has been the topic of a number of other reports. Robert W. Baird dropped their target price on shares of Circle Internet Group from $138.00 to $100.00 and set an “outperform” rating on the stock in a report on Monday, July 13th. William Blair reaffirmed an “outperform” rating on shares of Circle Internet Group in a report on Wednesday, August 5th. Weiss Ratings downgraded shares of Circle Internet Group from a “sell (d+)” rating to a “sell (d)” rating in a research report on Thursday, October 8th. Wolfe Research increased their price objective on shares of Circle Internet Group from $50.00 to $65.00 and gave the stock an “underperform” rating in a research note on Tuesday, August 25th. Finally, Sanford C. Bernstein reissued an “outperform” rating and issued a $140.00 target price on shares of Circle Internet Group in a report on Wednesday, July 29th. Two research analysts have rated the stock with a Strong Buy rating, fifteen have given a Buy rating, seven have given a Hold rating and five have issued a Sell rating to the stock. Based on data from MarketBeat, Circle Internet Group presently has a consensus rating of “Hold” and an average price target of $94.88.

Circle Internet Group Trading Down 8.9%

Shares of NYSE CRCL opened at $69.37 on Thursday. Circle Internet Group has a twelve month low of $49.90 and a twelve month high of $140.00. The company has a market capitalization of $17.61 billion, a price-to-earnings ratio of 45.85 and a beta of 0.84. The business has a 50 day simple moving average of $85.99 and a 200-day simple moving average of $85.66.

Circle Internet Group (NYSE:CRCL) last announced its quarterly earnings data on Wednesday, November 4th. The company reported $0.84 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.42 by $0.42. The firm had revenue of $864.89 million for the quarter. Circle Internet Group had a return on equity of 13.52% and a net margin of 15.27%. The business’s revenue for the quarter was up 16.9% compared to the same quarter last year. During the same quarter last year, the business earned $0.64 earnings per share. As a group, equities analysts predict that Circle Internet Group will post 1.14 earnings per share for the current year.

Insider Activity

In other Circle Internet Group news, CFO Jeremy Fox-Geen sold 45,000 shares of Circle Internet Group stock in a transaction that occurred on Friday, August 21st. The shares were sold at an average price of $90.00, for a total transaction of $4,050,000.00. Following the transaction, the chief financial officer directly owned 323,837 shares in the company, valued at approximately $29,145,330. The trade was a 12.20% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. 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 shares were sold at an average price of $79.59, for a total transaction of $2,122,506.12. Following the sale, the insider directly owned 715,331 shares in the company, valued at approximately $56,933,194.29. This trade represents a 3.59% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last 90 days, insiders sold 372,633 shares of company stock worth $32,833,583. Company insiders own 10.85% of the company’s stock.

Institutional Investors Weigh In On Circle Internet Group

Several hedge funds have recently bought and sold shares of CRCL. Sumitomo Mitsui Trust Group Inc. grew its stake in Circle Internet Group by 24.6% during the 3rd quarter. Sumitomo Mitsui Trust Group Inc. now owns 3,970,939 shares of the company’s stock valued at $326,292,000 after acquiring an additional 785,213 shares in the last quarter. Southpoint Capital Advisors LP increased its holdings in shares of Circle Internet Group by 175.0% in the 1st quarter. Southpoint Capital Advisors LP now owns 3,300,000 shares of the company’s stock valued at $314,853,000 after purchasing an additional 2,100,000 shares during the period. Amova Asset Management Americas Inc. lifted its position in shares of Circle Internet Group by 13.4% in the first quarter. Amova Asset Management Americas Inc. now owns 2,914,947 shares of the company’s stock worth $278,173,000 after purchasing an additional 344,539 shares in the last quarter. SBI Holdings USA Inc. purchased a new stake in shares of Circle Internet Group in the second quarter worth approximately $101,084,820. Finally, Accel XI Associates L.L.C. purchased a new stake in shares of Circle Internet Group in the second quarter worth approximately $56,999,563.

Key Stories Impacting Circle Internet Group

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

• Positive Sentiment: Q3 revenue and reserve income rose 17% year over year to $865 million, while EPS of $0.84 topped the $0.42 consensus. USDC onchain 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, and several firms—including JPMorgan, Wells Fargo, Needham, HC Wainwright and TD Cowen—kept positive ratings despite lowering their price targets. Compass Point rating information
• Neutral Sentiment: Circle reportedly plans to cut about 5% of its workforce. The reductions may help control costs, though they also point to pressure to manage expenses. Circle trims staff 5%
• Negative Sentiment: Despite the earnings beat, investors may be concerned that lower reserve yields are squeezing income from USDC reserves. Analysts also flagged distribution costs, while some reported revenue growth was supported by an ARC token sale—raising questions about the durability of growth from Circle’s core business. Q3 earnings call highlights
• Negative Sentiment: Several analysts cut price targets after results, including Deutsche Bank, which lowered its target to $65 and maintained Hold. Even firms retaining Buy or Overweight ratings reduced targets, tempering the positive signal from the earnings beat. Wall Street cuts Circle price targets

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.