Circle Internet Group (NYSE:CRCL) Stock Price Target Cut by Wells Fargo & Company

Posted by Geri Gentry on Nov 5th, 2026

Circle Internet Group (NYSE:CRCL – Get Free Report) had its price objective reduced by investment analysts at Wells Fargo & Company from $115.00 to $101.00 in a research report issued to clients and investors on Thursday, Benzinga reports. The brokerage currently has an “overweight” rating on the stock. Wells Fargo & Company‘s price target would indicate a potential upside of 51.68% from the stock’s previous close.

Other analysts have also recently issued research reports about the stock. Wall Street Zen upgraded shares of Circle Internet Group from a “strong sell” rating to a “sell” rating in a research note on Saturday, October 31st. Zacks Research raised shares of Circle Internet Group from a “hold” rating to a “strong-buy” rating in a report on Friday, October 16th. Canaccord Genuity Group lowered their target price on Circle Internet Group from $160.00 to $130.00 and set a “buy” rating on the stock in a research note on Thursday, August 6th. UBS Group cut Circle Internet Group to an “underweight” rating in a research report on Thursday. Finally, Keefe, Bruyette & Woods reduced their target price on shares of Circle Internet Group from $105.00 to $90.00 and set a “market perform” rating for the company in a research report on Thursday. Two equities research analysts have rated the stock with a Strong Buy rating, fifteen have issued a Buy rating, seven have given a Hold rating and five have given a Sell rating to the company. Based on data from MarketBeat, the stock currently has a consensus rating of “Hold” and an average price target of $94.59.

Read Our Latest Stock Report on CRCL

Circle Internet Group Trading Down 12.5%

Shares of CRCL traded down $9.53 during mid-day trading on Thursday, reaching $66.59. The company’s stock had a trading volume of 9,283,567 shares, compared to its average volume of 14,252,618. Circle Internet Group has a 1-year low of $49.90 and a 1-year high of $140.00. The stock has a market cap of $16.90 billion, a P/E ratio of 45.98 and a beta of 0.84. The business has a 50-day simple moving average of $86.40 and a two-hundred day simple moving average of $85.71.

Circle Internet Group (NYSE:CRCL – Get Free Report) last issued its earnings results on Wednesday, November 4th. The company reported $0.84 EPS for the quarter, topping the consensus estimate of $0.42 by $0.42. The company had revenue of $864.89 million during the quarter. Circle Internet Group had a return on equity of 13.58% and a net margin of 15.53%. The business’s revenue was up 16.9% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $0.64 earnings per share. Research analysts anticipate that Circle Internet Group will post 1.14 EPS for the current year.

Insider Activity

In other news, Director Patrick Neville sold 50,000 shares of the business’s stock in a transaction that occurred on Tuesday, September 1st. The shares were sold at an average price of $92.09, for a total value of $4,604,500.00. Following the completion of the transaction, the director directly owned 2,018 shares in the company, valued at approximately $185,837.62. The trade was a 96.12% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Jeremy Allaire sold 56,200 shares of the company’s stock in a transaction on Tuesday, September 8th. The stock was sold at an average price of $98.04, for a total value of $5,509,848.00. Following the sale, the chief executive officer owned 333,760 shares of the company’s stock, valued at $32,721,830.40. The trade was a 14.41% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold 372,633 shares of company stock valued at $32,833,583 in the last 90 days. 10.85% of the stock is owned by corporate insiders.

Institutional Inflows and Outflows

Large investors have recently added to or reduced their stakes in the business. WPG Advisers LLC bought a new stake in shares of Circle Internet Group in the first quarter worth $31,000. Pinnacle Wealth Planning Services Inc. raised its holdings in shares of Circle Internet Group by 952.8% during the third quarter. Pinnacle Wealth Planning Services Inc. now owns 379 shares of the company’s stock valued at $31,000 after purchasing an additional 343 shares during the period. First Horizon Corp bought a new position in shares of Circle Internet Group during the 1st quarter worth about $35,000. Abound Financial LLC bought a new stake in Circle Internet Group in the 1st quarter valued at about $38,000. Finally, Global Assets Advisory LLC acquired a new position in Circle Internet Group during the 1st quarter worth approximately $43,000.

More Circle Internet Group News

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 beat the $0.42 consensus. USDC circulation averaged $73.3 billion, up 8%, and on-chain transaction volume grew 49%. Circle Reports Third Quarter 2026 Results
Positive Sentiment: Compass Point upgraded CRCL from neutral to buy, setting a $99 price target. Compass Point analyst rating
Neutral Sentiment: Analyst views were mixed: Susquehanna, Needham, HC Wainwright and Keefe, Bruyette & Woods lowered their price targets, though Needham and HC Wainwright retained buy ratings. Needham analyst rating
Negative Sentiment: Reports said a $182 million ARC token sale helped offset weaker reserve yields, raising questions about whether core USDC-related earnings can sustain the quarter’s results as rates decline. Circle tops Q3 estimates as ARC token sale offsets lower reserve yields
Negative Sentiment: Circle plans to cut about 5% of its workforce. The reduction may help control costs, but alongside the reserve-income pressure it adds to concerns about the business outlook. Circle trims staff after quarterly results

Circle Internet Group Company Profile

(Get Free Report)

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.