Global Stock News

Circle Internet Group Jumps 35.5% on Earnings: Analysts See $130 Target Price

Circle Internet Group Jumps 35.5% on Earnings: Analysts See $130 Target Price

Key Stats for CRCL Stock

  • Price Change for CRCL stock: +35.5%
  • CRCL Share Price as of Feb. 25: $83
  • 52-Week High: $299
  • CRCL Stock Price Target: $130

Now Live: Discover how much upside your favorite stocks could have using TIKR’s new Valuation Model (It’s free)>>>

What Happened?

Circle Internet Group (CRCL) shares jumped 35.5% on Feb. 25 after the company reported Q4 results. Revenue topped expectations, helped by stronger USDC circulation and higher reserve income. The stock closed at $83.14 after the report.

Circle also posted Q4 EPS of $0.43. The quarter reflected stronger activity tied to on-chain transaction volume and stablecoin usage. Investors focused on the quarterly momentum despite broader…

Source link

Share this article

Scroll to Top