Analyst raises price target on crypto's most subscribed IPO stock
Airfind news item
By Anand Sinha
Published on March 3, 2026.
Circle Internet Group (NYSE: CRCL), the most successful crypto company known for its USD Coin (USDC) stablecoin, reported financial results for the fourth-quarter of 2025 on Feb. 25. The firm reported earnings per share (EPS) of $0.43 and $770 million in quarterly revenue, a 72% growth in USDC. The company's shares initially opened 124% above the $31 IPO price in June last year and the IPO was 25 times oversubscribed. However, the stock's price surged 50% following the earnings release. Mizuho Securities analyst Dan Dolev has raised the price target on the Circle stock by 10%, attributing this to potential inflation and the decreased possibility of an interest rate cut due to rising oil prices amid the war between the U.S.-Israel and Iran.
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