US EditionCircle (CRCL) and Bullish (BLSH) fail to participate in Thursday rally
Circle fell 10% and Bullish 6.5% as analysts cut ratings, citing stretched valuations and slowing crypto activity despite a broader market rally.
- On Thursday, Compass Point initiated coverage of Circle Internet with a Sell rating and a $77 price target, citing valuation and structural risks in the stablecoin firm.
- Compass Point analysts cited a stretched 87x forward price-to-earnings ratio and declining reserve income yields on USDC backing assets, alongside heavy reliance on distribution partners.
- While USDC circulation grew 72% to $75.3 billion in the quarter, reserve income accounted for the vast majority of Circle Internet's $770 million fourth-quarter 2025 revenue.
- Circle Internet shares tumbled 9.9% to $85.10 following the downgrade, diverging sharply from a broader consensus that includes 11 Buy ratings and 11 Hold ratings.
- Analysts warn that consensus forecasts for 2026 and 2027 may decline if gross margins contract, while investors monitor regulatory uncertainty surrounding the GENIUS Act.
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BOCHK Asset Management Ltd Buys 15,750 Shares of Circle Internet Group, Inc. $CRCL
BOCHK Asset Management Ltd grew its stake in shares of Circle Internet Group, Inc. (NYSE:CRCL - Free Report) by 142.5% in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 26,800 shares of the company's stock after acquiring an add
Why Circle Internet Stock Crashed Today
Key PointsCompass Point downgraded Circle to "sell," citing margin pressure from distribution deals.The stock has dropped 43% since October but still trades at a premium valuation.USD Coin yields around 4.1% on some lending platforms without Circle's equity volatility.10 stocks we like better than Circle Internet Group › Shares of Circle Internet Group (NYSE: CRCL) closed 10.2% lower on Thursday. The issuer of the popular USD Coin (CRYPTO: USDC)…
Compass Point Just Slapped a Sell on Circle Internet. Is the Crypto Finance Darling Flying Too High?
The post Compass Point Just Slapped a Sell on Circle Internet. Is the Crypto Finance Darling Flying Too High? appeared first on 24/7 Wall St.. Quick Read Compass Point initiated coverage of Circle Internet (CRCL) with a Sell rating and $77 price target, citing stretched valuation (87x forward P/E), declining reserve income yields on USDC backing assets, and heavy reliance on distribution partners. Circle Internet’s impressive 247% surge in st…
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