HC Wainwright Has Bullish Forecast for CRCL FY2026 Earnings

Circle Internet Group, Inc. (NYSE:CRCL) – HC Wainwright increased their FY2026 earnings per share estimates for shares of Circle Internet Group in a note issued to investors on Thursday, November 5th. HC Wainwright analyst M. Colonnese now anticipates that the company will earn $1.25 per share for the year, up from their prior estimate of $1.24. HC Wainwright has a “Buy” rating and a $100.00 price target 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 2026 earnings at $0.02 EPS, Q1 2027 earnings at $0.23 EPS and Q2 2027 earnings at $0.34 EPS.

Other analysts have also issued research reports about the company. Morgan Stanley lowered Circle Internet Group from an “underweight” rating to a “cautious” rating in a research note on Thursday, November 5th. Sanford C. Bernstein restated an “outperform” rating and issued a $140.00 target price on shares of Circle Internet Group in a report on Wednesday, July 29th. Seaport Research Partners set a $100.00 target price on shares of Circle Internet Group in a report on Monday, August 17th. Piper Sandler raised shares of Circle Internet Group to a “neutral” rating in a research note on Thursday, November 5th. Finally, Susquehanna lowered their price target on shares of Circle Internet Group from $92.00 to $86.00 and set a “neutral” rating for the company in a report on Thursday, November 5th. Two research analysts have rated the stock with a Strong Buy rating, fourteen have given a Buy rating, seven have given a Hold rating and five have issued a Sell rating to the stock. According to MarketBeat.com, Circle Internet Group has a consensus rating of “Hold” and an average price target of $91.44.

Circle Internet Group Stock Down 4.9%

Shares of NYSE:CRCL opened at $63.84 on Friday. Circle Internet Group has a 52-week low of $49.90 and a 52-week high of $140.00. The stock’s fifty day simple moving average is $83.50 and its 200-day simple moving average is $85.52. The company has a market capitalization of $16.21 billion, a P/E ratio of 38.46 and a beta of 0.84.

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, topping the consensus estimate of $0.42 by $0.42. Circle Internet Group had a return on equity of 13.10% and a net margin of 15.27%. The company had revenue of $864.89 million during the quarter. During the same period in the previous year, the business posted $0.64 EPS. The business’s quarterly revenue was up 16.9% on a year-over-year basis.

Institutional Trading of Circle Internet Group

Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Gabelli Funds LLC increased its stake in shares of Circle Internet Group by 16.0% during the 3rd quarter. Gabelli Funds LLC now owns 29,000 shares of the company’s stock valued at $2,383,000 after acquiring an additional 4,000 shares during the last quarter. Benjamin Edwards Inc. boosted its position in shares of Circle Internet Group by 61.0% in the third quarter. Benjamin Edwards Inc. now owns 25,679 shares of the company’s stock worth $2,110,000 after acquiring an additional 9,733 shares during the last quarter. First Trust Advisors LP grew its holdings in Circle Internet Group by 165.9% in the third quarter. First Trust Advisors LP now owns 459,921 shares of the company’s stock valued at $37,792,000 after purchasing an additional 286,933 shares during the period. Horizon Kinetics Asset Management LLC grew its holdings in Circle Internet Group by 31.1% in the third quarter. Horizon Kinetics Asset Management LLC now owns 10,010 shares of the company’s stock valued at $823,000 after purchasing an additional 2,374 shares during the period. Finally, Resona Asset Management Co. Ltd. grew its holdings in Circle Internet Group by 5.5% in the third quarter. Resona Asset Management Co. Ltd. now owns 42,188 shares of the company’s stock valued at $3,480,000 after purchasing an additional 2,208 shares during the period.

Insider Buying and Selling at Circle Internet Group

In related news, insider Hossein Razzaghi sold 1,831 shares of the company’s stock in a transaction on Tuesday, November 3rd. The stock was sold at an average price of $73.06, for a total value of $133,772.86. Following the completion of the transaction, the insider directly owned 637,770 shares in the company, valued at approximately $46,595,476.20. This represents a 0.29% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, insider Nikhil Chandhok sold 26,668 shares of the stock in a transaction dated Monday, November 9th. The stock was sold at an average price of $66.09, for a total value of $1,762,488.12. Following the transaction, the insider owned 708,181 shares in the company, valued at $46,803,682.29. This trade represents a 3.63% decrease in their ownership of the stock. 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 ninety days, insiders have sold 423,396 shares of company stock valued at $36,226,299. 10.85% of the stock is currently owned by insiders.

More Circle Internet Group News

Here’s some of the latest news about CRCL:

• Positive Sentiment: Circle and Global Citizen announced a multi-year partnership to expand economic opportunity in Africa through digital financial innovation, potentially broadening USDC use and Circle’s payments reach. Article: Global Citizen and Circle Partner to Expand Economic Opportunity Across Africa
• Positive Sentiment: The expansion builds on broader international partnerships; coverage also pointed to growing transaction volumes and revenue as signs of a developing global payments network. Circle’s latest reported quarter showed revenue growth of 16.9% year over year and EPS above consensus. Article: CRCL Expands Partnerships Globally
• Negative Sentiment: Insider Nikhil Chandhok sold 26,668 shares, worth about $1.76 million. The transaction was made under a pre-arranged Rule 10b5-1 plan, which may temper the significance, but insider sales can still concern investors. Article: Circle Insider Sells 26,668 Shares

Circle Internet Group Company Profile

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.