Symbols / CRCL Stock $90.88 -4.90% Circle Internet Group

Financial Services • Capital Markets • United States • NYQ
CRCL (Stock) Chart
O: — H: — L: — C: — V: —
SMA 20: — SMA 50: — SMA 200: —
Stock Fundamentals
Scroll to Statements
Index EQUITY
Sector Financial Services
Industry Capital Markets
CEO Mr. Jeremy D. Allaire
Exch · Country NYQ · United States
Market Cap 24.17B
Enterprise Value 20.53B
Income -69.51M
Sales 2.75B
FCF (ttm) -91.06M
Book/sh 13.74
Cash/sh 6.30
Employees 1,100
Insider 10d —
IPO Jun 05, 2025
Div forward ($/yr)
Div TTM ($/yr)
Dividend Yield
Ex-Div Date
5Y Avg Yield
Yield vs 5Y Avg
Payout 0.00%
P/E —
Forward P/E 38.99
PEG 4.34
P/S 8.80
P/B 6.61
P/C —
EV/EBITDA -236.56
EV/Sales 7.47
Quick Ratio 0.03
Current Ratio 1.03
Debt/Eq 1.55
LT Debt/Eq —
EPS (ttm) -0.44
EPS next Y 2.33
EPS Growth 8.80%
Revenue Growth 76.90%
EPS Gr Q/Q 41.91%
Rev Gr Q/Q —
Earnings (next) 2026-05-11
Earnings (prior) 2026-02-25
ROA -0.10%
ROE -2.76%
ROIC —
Gross Margin 8.67%
Oper. Margin 7.17%
Profit Margin -2.53%
Shs Outstand 228.50M
Shs Float 200.73M
Insider Own 2.49%
Instit Own 58.93%
Short Float 11.30%
Short Ratio 1.49
Short Interest 25.30M
52W High 298.99
vs 52W High -69.60%
52W Low 49.90
vs 52W Low 82.12%
Beta —
Impl. Vol. 0.39%
Rel Volume 0.57
Avg Volume 16.18M
Volume 9.16M
Target (mean) $128.65
Tgt Median $111.00
Tgt Low $55.00
Tgt High $280.00
# Analysts 21
Recom Buy
Prev Close $95.56
Price $90.88
Change -4.90%
About

Circle Internet Group, Inc. operates as a platform, network, and market infrastructure for stablecoin and blockchain applications. The company provides various platform including Arc Blockchain and Developer Infrastructure, an open, layer-1 blockchain network purpose-built to bring real world economic activity onchain; Circle Digital Assets and Services, which includes circle digital assets, USDC, EURC, and USYC, as well as circle mint and xreserve, related liquidity, custody, and trust infrastructure; and Circle Applications, which includes circle payments network and stablefx, applications that use circle digital assets to deliver real-world utility on the arc network and across the broader multichain ecosystem. Its stablecoins network comprises circle stablecoins, tokenized funds, liquidity, payments network, and developer services, as well as integration services. The company was founded in 2013 and is based in New York, New York.

Valuation Models

Price estimates from analyst targets and simple models.

1. Analyst consensus
$128.65
Mean price target
2. Current target
$90.88
Latest analyst target
3. DCF / Fair value
$-7.17
Simplified: (Free Cash Flow ÷ Shares) × 18 (P/FCF multiple). Not a …
Ratings
Current target
$90.88
Low
$55.00
High
$280.00
Mean
$128.65

Latest analyst rating changes

Date Action Analyst Rating Change Price Target
2026-04-09 down Compass Point Neutral → Sell $77
2026-03-25 main Canaccord Genuity Buy → Buy $160
2026-03-18 main Clear Street Buy → Buy $152
2026-03-17 main Baird Outperform → Outperform $138
2026-03-16 up Clear Street Hold → Buy $136
2026-03-13 main Mizuho Neutral → Neutral $120
2026-03-03 main Mizuho Neutral → Neutral $100
2026-02-26 main Wells Fargo Overweight → Overweight $111
2026-02-26 main Needham Buy → Buy $130
2026-02-26 main Canaccord Genuity Buy → Buy $160
2026-02-10 main JP Morgan Overweight → Overweight $90
2026-02-02 init Morgan Stanley — → Equal-Weight $66
2026-01-28 up Mizuho Underperform → Neutral $77
2026-01-06 main Goldman Sachs Neutral → Neutral $88
2025-12-19 init HC Wainwright & Co. — → Neutral $85
2025-12-02 init Wolfe Research — → Underperform $60
2025-11-21 main Goldman Sachs Neutral → Neutral $80
2025-11-14 main Mizuho Underperform → Underperform $70
2025-11-14 up Baird Neutral → Outperform $110
2025-11-13 main Wells Fargo Overweight → Overweight $128
News
RSS: Latest CRCL news
Insider Transactions
Filed Date Insider Relationship Transaction Shares Price Value SEC
2026-04-21 CHANDHOK NIKHIL Chief Technology Officer — 10,000 $104.00 $1,040,000
2026-04-21 CHANDHOK NIKHIL Chief Technology Officer — 10,000 $25.81 $258,100
2026-04-13 TARBERT HEATH President — 15,000 $90.00 $1,425,646
2026-04-07 DATE RAJEEV V Director — 3,819 $92.99 $357,688
2026-04-07 DATE RAJEEV V Director — 3,819 $0.08 $306
2026-04-06 BURNS M MICHELE Director — 1,666 $92.38 $153,905
2026-04-02 FOX-GEEN JEREMY Chief Financial Officer — 11,438 $90.00 $1,087,308
2026-04-02 SCHULZ TAMARA L Officer — 1,194 $87.58 $104,571
2026-04-01 FOX-GEEN JEREMY Chief Financial Officer — 7,200 $10.11 $72,792
2026-04-01 NEVILLE PATRICK SEAN Director — 35,000 $98.04 $3,431,400
Financials
Statement View
Amounts in millions (2 decimals, no suffix) • EPS per share (2 decimals) • Trend = period evolution • YoY Growth = previous period %
Line Item Trend 2025-12-31 2024-12-31 2023-12-31 2022-12-31
Total Revenue
2,746.64
+63.86%
1,676.25
+15.57%
1,450.47
+87.87%
772.05
Operating Revenue
2,745.94
+64.43%
1,669.99
+16.12%
1,438.14
+87.67%
766.30
Cost Of Revenue
2,508.53
+95.86%
1,280.77
+25.10%
1,023.78
+96.01%
522.32
Reconciled Cost Of Revenue
2,508.53
+95.86%
1,280.77
+25.10%
1,023.78
+96.01%
522.32
Gross Profit
238.11
-39.79%
395.48
-7.31%
426.69
+70.85%
249.74
Operating Expense
329.25
+41.57%
232.57
+20.95%
192.28
+3.25%
186.22
Selling General And Administration
215.99
+39.70%
154.61
+13.12%
136.67
-15.17%
161.11
Selling And Marketing Expense
25.72
+48.44%
17.33
-52.59%
36.54
-53.65%
78.84
General And Administrative Expense
190.27
+38.60%
137.28
+37.11%
100.13
+21.70%
82.27
Other Gand A
190.27
+38.60%
137.28
+37.11%
100.13
+21.70%
82.27
Other Operating Expenses
36.64
+35.15%
27.11
+30.82%
20.72
+75.09%
11.84
Total Expenses
2,837.78
+87.52%
1,513.35
+24.45%
1,216.06
+71.63%
708.54
Operating Income
-91.14
-155.95%
162.91
-30.50%
234.41
+269.06%
63.51
Total Operating Income As Reported
-96.44
-157.69%
167.16
-37.98%
269.53
+807.13%
-38.12
EBITDA
-25.04
-109.13%
274.33
-22.89%
355.75
+147.91%
-742.55
Normalized EBITDA
-35.64
-113.61%
261.89
-19.48%
325.23
+153.18%
-611.55
Reconciled Depreciation
76.63
+50.68%
50.85
+45.77%
34.89
+162.76%
13.28
EBIT
-101.67
-145.49%
223.48
-30.35%
320.86
+142.45%
-755.83
Total Unusual Items
10.60
-14.84%
12.44
-59.23%
30.52
+123.30%
-131.00
Total Unusual Items Excluding Goodwill
10.60
-14.84%
12.44
-59.23%
30.52
+123.30%
-131.00
Special Income Charges
0.00
0.00
-100.00%
21.63
+121.29%
-101.63
Impairment Of Capital Assets
—
—
—
—
Restructuring And Mergern Acquisition
—
0.00
0.00
-100.00%
44.19
Write Off
—
-4.25
+68.48%
-13.49
-123.48%
57.44
Net Income
-69.51
-144.65%
155.67
-41.82%
267.56
+134.80%
-768.85
Pretax Income
-102.89
-146.44%
221.57
-30.53%
318.95
+142.05%
-758.51
Net Non Operating Interest Income Expense
46.45
+41.58%
32.81
+19.95%
27.35
+358.82%
5.96
Interest Expense Non Operating
1.23
-35.68%
1.91
-0.31%
1.91
-28.76%
2.68
Net Interest Income
46.45
+41.58%
32.81
+19.95%
27.35
+358.82%
5.96
Interest Expense
1.23
-35.68%
1.91
-0.31%
1.91
-28.76%
2.68
Interest Income Non Operating
47.67
+37.34%
34.71
+18.62%
29.26
+238.48%
8.64
Interest Income
47.67
+37.34%
34.71
+18.62%
29.26
+238.48%
8.64
Other Income Expense
-58.20
-325.04%
25.86
-54.78%
57.19
+106.91%
-827.98
Other Non Operating Income Expenses
-68.79
-612.69%
13.42
-49.70%
26.68
+103.83%
-696.99
Gain On Sale Of Security
10.60
-14.84%
12.44
+40.06%
8.88
+130.25%
-29.37
Tax Provision
-33.38
-151.68%
64.58
+36.25%
47.40
+1352.65%
3.26
Tax Rate For Calcs
0.00
+11.34%
0.00
+95.30%
0.00
-29.05%
0.00
Tax Effect Of Unusual Items
3.43
-5.19%
3.62
-20.37%
4.55
+116.53%
-27.51
Net Income Including Noncontrolling Interests
-69.52
-144.66%
155.67
-41.82%
267.56
+134.80%
-768.85
Net Income From Continuing Operation Net Minority Interest
-69.51
-144.28%
156.99
-42.19%
271.55
+135.65%
-761.77
Net Income From Continuing And Discontinued Operation
-69.51
-144.65%
155.67
-41.82%
267.56
+134.80%
-768.85
Net Income Continuous Operations
-69.52
-144.28%
156.99
-42.19%
271.55
+135.65%
-761.77
Net Income Discontinuous Operations
0.00
+100.00%
-1.32
+66.79%
-3.99
+43.65%
-7.08
Minority Interests
0.01
0.00
0.00
—
Normalized Income
-76.67
-151.75%
148.17
-39.67%
245.58
+137.31%
-658.28
Net Income Common Stockholders
-69.51
-483.83%
18.11
-59.68%
44.91
+105.84%
-768.85
Otherunder Preferred Stock Dividend
0.00
-100.00%
46.51
-64.84%
132.29
0.00
Diluted EPS
-0.44
-640.71%
0.08
-64.17%
0.23
+105.84%
-3.89
Basic EPS
-0.44
-640.71%
0.08
-64.17%
0.23
+105.84%
-3.89
Basic Average Shares
158.70
-28.69%
222.54
+12.54%
197.75
+0.00%
197.75
Diluted Average Shares
158.70
-28.69%
222.54
+3.30%
215.43
+0.00%
215.43
Diluted NI Availto Com Stockholders
-69.51
-414.32%
22.11
-58.20%
52.90
+106.88%
-768.85
Average Dilution Earnings
0.00
-100.00%
4.00
-49.87%
7.99
0.00
Amortization
—
49.00
+48.04%
33.10
+169.11%
12.30
Amortization Of Intangibles Income Statement
—
49.00
+48.04%
33.10
+169.11%
12.30
Depreciation Amortization Depletion Income Statement
76.63
+50.68%
50.85
+45.77%
34.89
+162.76%
13.28
Depreciation And Amortization In Income Statement
76.63
+50.68%
50.85
+45.77%
34.89
+162.76%
13.28
Depreciation Income Statement
—
1.90
+5.56%
1.80
+80.00%
1.00
Earnings From Equity Interest
—
—
—
—
Gain On Sale Of PPE
0.00
0.00
-100.00%
21.63
0.00
Preferred Stock Dividends
—
91.04
+0.75%
90.36
—
Line Item Trend 2025-12-31
Total Assets
78,713.21
Current Assets
77,801.47
Cash Cash Equivalents And Short Term Investments
1,526.59
Cash And Cash Equivalents
1,526.05
Other Short Term Investments
0.54
Receivables
347.15
Accounts Receivable
282.09
Other Receivables
—
Taxes Receivable
65.06
Prepaid Assets
24.24
Current Deferred Assets
0.00
Restricted Cash
75,890.90
Hedging Assets Current
—
Other Current Assets
12.59
Total Non Current Assets
911.74
Net PPE
22.79
Gross PPE
30.03
Accumulated Depreciation
-7.24
Properties
0.00
Machinery Furniture Equipment
5.82
Construction In Progress
0.00
Other Properties
4.11
Leases
20.10
Goodwill And Other Intangible Assets
676.89
Goodwill
265.74
Other Intangible Assets
411.15
Investments And Advances
170.78
Other Investments
170.78
Non Current Accounts Receivable
—
Non Current Deferred Assets
11.11
Non Current Deferred Taxes Assets
11.11
Other Non Current Assets
30.17
Total Liabilities Net Minority Interest
75,382.43
Current Liabilities
75,328.40
Payables And Accrued Expenses
360.61
Payables
127.30
Accounts Payable
105.33
Other Payable
20.34
Current Accrued Expenses
233.31
Total Tax Payable
1.63
Income Tax Payable
1.63
Current Debt And Capital Lease Obligation
36.82
Current Debt
36.82
Other Current Borrowings
36.82
Current Deferred Liabilities
—
Current Deferred Revenue
—
Other Current Liabilities
74,930.96
Total Non Current Liabilities Net Minority Interest
54.04
Long Term Debt And Capital Lease Obligation
—
Long Term Debt
—
Tradeand Other Payables Non Current
—
Non Current Deferred Liabilities
28.70
Non Current Deferred Revenue
—
Non Current Deferred Taxes Liabilities
28.70
Other Non Current Liabilities
25.34
Preferred Securities Outside Stock Equity
0.00
Stockholders Equity
3,329.33
Common Stock Equity
3,329.33
Capital Stock
0.03
Common Stock
0.03
Share Issued
246.95
Ordinary Shares Number
242.26
Treasury Shares Number
4.69
Additional Paid In Capital
4,610.22
Retained Earnings
-1,292.71
Gains Losses Not Affecting Retained Earnings
14.52
Treasury Stock
2.72
Minority Interest
1.45
Other Equity Adjustments
14.52
Total Equity Gross Minority Interest
3,330.77
Total Capitalization
3,329.33
Working Capital
2,473.07
Invested Capital
3,366.15
Total Debt
36.82
Net Debt
—
Net Tangible Assets
2,652.44
Tangible Book Value
2,652.44
Available For Sale Securities
—
Derivative Product Liabilities
0.00
Interest Payable
—
Investmentin Financial Assets
—
Line Item Trend 2025-12-31 2024-12-31 2023-12-31 2022-12-31
Operating Cash Flow
542.13
+57.33%
344.58
+146.89%
139.57
+292.00%
-72.69
Cash Flow From Continuing Operating Activities
542.13
+57.33%
344.58
+146.89%
139.57
+292.00%
-72.69
Net Income From Continuing Operations
-69.52
-144.66%
155.67
-41.82%
267.56
+134.80%
-768.85
Depreciation Amortization Depletion
76.63
+50.68%
50.85
+45.77%
34.89
+162.76%
13.28
Depreciation
—
1.90
+5.56%
1.80
+80.00%
1.00
Amortization Cash Flow
—
49.00
+48.04%
33.10
+169.11%
12.30
Depreciation And Amortization
76.63
+50.68%
50.85
+45.77%
34.89
+162.76%
13.28
Amortization Of Intangibles
—
49.00
+48.04%
33.10
+169.11%
12.30
Other Non Cash Items
-0.48
+21.37%
-0.61
+43.92%
-1.09
-107.90%
13.83
Stock Based Compensation
562.88
+1022.74%
50.13
-53.58%
108.00
+55.92%
69.27
Provisionand Write Offof Assets
23.59
0.00
0.00
—
Asset Impairment Charge
—
—
—
—
Deferred Tax
-2.15
+23.27%
-2.81
+91.47%
-32.89
-4084.86%
-0.79
Deferred Income Tax
-2.15
+23.27%
-2.81
+91.47%
-32.89
-4084.86%
-0.79
Operating Gains Losses
-10.71
+22.45%
-13.80
+55.97%
-31.35
-110.59%
296.15
Gain Loss On Investment Securities
-18.52
-39.10%
-13.31
-18.21%
-11.26
-103.80%
296.15
Unrealized Gain Loss On Investment Securities
71.42
+812.51%
-10.02
+60.45%
-25.34
-105.20%
486.94
Net Foreign Currency Exchange Gain Loss
7.79
+1478.76%
-0.56
-139.57%
1.43
—
Gain Loss On Sale Of PPE
0.02
-69.86%
0.07
+100.34%
-21.52
0.00
Change In Working Capital
-109.53
-193.27%
117.44
+168.10%
-172.46
-200.92%
170.90
Change In Receivables
-39.38
-761.87%
-4.57
-303.61%
2.24
-88.02%
18.73
Changes In Account Receivables
-39.38
-761.87%
-4.57
-303.61%
2.24
-88.02%
18.73
Change In Prepaid Assets
-146.50
-573.14%
-21.76
+57.46%
-51.16
+34.05%
-77.57
Change In Payables And Accrued Expense
81.24
-38.86%
132.88
+207.30%
-123.83
-154.48%
227.30
Change In Other Working Capital
—
—
—
—
Change In Other Current Liabilities
-4.88
-144.85%
10.89
+3642.61%
0.29
-88.03%
2.43
Investing Cash Flow
-84.03
-145.11%
186.30
-97.81%
8,509.77
+200.25%
-8,488.59
Cash Flow From Continuing Investing Activities
-84.03
-145.11%
186.30
-97.81%
8,509.77
+200.25%
-8,488.59
Net PPE Purchase And Sale
—
—
—
—
Purchase Of PPE
—
—
—
—
Sale Of PPE
—
—
—
—
Capital Expenditure
-56.20
-43.74%
-39.10
-18.98%
-32.86
-79.43%
-18.32
Net Investment Purchase And Sale
-7.67
-103.15%
243.53
-97.15%
8,541.66
+201.39%
-8,424.77
Purchase Of Investment
-9.29
+91.03%
-103.58
+67.04%
-314.30
+99.69%
-102,867.01
Sale Of Investment
1.62
-99.53%
347.11
-96.08%
8,855.96
-90.62%
94,442.24
Net Business Purchase And Sale
-7.73
0.00
-100.00%
1.63
+103.84%
-42.46
Purchase Of Business
-7.73
0.00
0.00
+100.00%
-43.46
Gain Loss On Sale Of Business
—
—
—
—
Net Intangibles Purchase And Sale
-56.20
-43.74%
-39.10
-18.98%
-32.86
-79.43%
-18.32
Purchase Of Intangibles
-56.20
-43.74%
-39.10
-18.98%
-32.86
-79.43%
-18.32
Net Other Investing Changes
-12.43
+31.42%
-18.13
-2671.87%
-0.65
+78.56%
-3.05
Financing Cash Flow
31,936.36
+64.20%
19,449.89
+195.67%
-20,329.86
-888.52%
2,578.24
Cash Flow From Continuing Financing Activities
31,936.36
+64.20%
19,449.89
+195.67%
-20,329.86
-888.52%
2,578.24
Net Issuance Payments Of Debt
—
—
—
—
Issuance Of Debt
—
—
—
—
Repayment Of Debt
—
—
—
—
Long Term Debt Issuance
—
—
—
—
Long Term Debt Payments
—
—
—
—
Net Long Term Debt Issuance
—
—
—
—
Net Common Stock Issuance
1,013.10
0.00
+100.00%
-8.74
0.00
Common Stock Payments
0.00
0.00
+100.00%
-8.74
0.00
Repurchase Of Capital Stock
0.00
0.00
+100.00%
-8.74
0.00
Proceeds From Stock Option Exercised
51.76
+3106.88%
1.61
+55.64%
1.04
+113.37%
0.49
Net Other Financing Charges
30,871.50
+58.74%
19,448.28
+195.70%
-20,322.15
-1033.60%
2,176.76
Changes In Cash
32,394.45
+62.13%
19,980.77
+271.06%
-11,680.52
-95.23%
-5,983.04
Effect Of Exchange Rate Changes
57.67
+912.44%
-7.10
-747.13%
1.10
-69.70%
3.62
Beginning Cash Position
44,967.60
+79.91%
24,994.16
-31.85%
36,673.84
-14.02%
42,653.13
End Cash Position
77,419.73
+72.17%
44,967.60
+79.91%
24,994.16
-31.85%
36,673.84
Free Cash Flow
485.93
+59.07%
305.48
+186.28%
106.71
+217.25%
-91.01
Interest Paid Supplemental Data
0.18
-30.23%
0.26
+1.98%
0.25
-27.71%
0.35
Income Tax Paid Supplemental Data
13.33
-82.36%
75.58
-6.74%
81.04
+991.55%
7.42
Amortization Of Securities
0.00
+100.00%
-2.27
+70.69%
-7.74
+97.81%
-353.42
Common Stock Issuance
1,013.10
0.00
0.00
—
Earnings Losses From Equity Investments
—
—
—
—
Issuance Of Capital Stock
1,013.10
0.00
0.00
-100.00%
401.00
Net Preferred Stock Issuance
—
0.00
0.00
-100.00%
401.00
Other Cash Adjustment Outside Changein Cash
0.00
+100.00%
-0.22
+11.81%
-0.25
-286.76%
0.14
Preferred Stock Issuance
—
0.00
0.00
-100.00%
401.00
Sale Of Business
0.00
0.00
-100.00%
1.63
+62.90%
1.00
Sale Of Intangibles
—
—
—
—
SEC Filings

Recent 10-K, 10-Q, 8-K, and Form 4 (insider) filings.

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