HC Wainwright Issues Pessimistic Forecast for CRCL Earnings

Circle Internet Group, Inc. (NYSE:CRCL) – Equities research analysts at HC Wainwright decreased their Q3 2026 earnings per share (EPS) estimates for Circle Internet Group in a research report issued to clients and investors on Thursday, August 6th. HC Wainwright analyst M. Colonnese now forecasts that the company will post earnings per share of $0.34 for the quarter, down from their previous forecast of $0.37. HC Wainwright currently has a “Buy” rating and a $104.00 target price on the stock. The consensus estimate for Circle Internet Group’s current full-year earnings is $0.88 per share. HC Wainwright also issued estimates for Circle Internet Group’s Q4 2026 earnings at $0.51 EPS, Q1 2027 earnings at $0.40 EPS, Q3 2027 earnings at $0.33 EPS, Q4 2027 earnings at $0.42 EPS and FY2027 earnings at $1.39 EPS.

Circle Internet Group (NYSE:CRCL) last issued its quarterly earnings data on Wednesday, August 5th. The company reported $0.18 earnings per share for the quarter, missing analysts’ consensus estimates of $0.26 by ($0.08). Circle Internet Group had a net margin of 15.53% and a return on equity of 13.58%. The business had revenue of $701.32 million for the quarter. During the same period in the previous year, the business posted ($4.48) EPS. The firm’s quarterly revenue was up 6.6% compared to the same quarter last year.

CRCL has been the subject of a number of other research reports. Sanford C. Bernstein restated an “outperform” rating and issued a $140.00 price target on shares of Circle Internet Group in a research note on Wednesday, July 29th. Compass Point set a $62.00 price objective on shares of Circle Internet Group in a research note on Wednesday, July 15th. Needham & Company LLC decreased their price objective on shares of Circle Internet Group from $150.00 to $127.00 and set a “buy” rating for the company in a report on Thursday, August 6th. The Goldman Sachs Group set a $71.00 target price on shares of Circle Internet Group in a research report on Thursday, August 6th. Finally, Freedom Capital upgraded shares of Circle Internet Group to a “hold” rating in a research note on Tuesday, April 21st. One research analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating, thirteen have given a Hold rating and three have assigned a Sell rating to the company. According to data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and an average target price of $96.82.

Circle Internet Group Stock Up 6.2%

Shares of CRCL opened at $71.22 on Wednesday. The firm has a market cap of $17.70 billion, a price-to-earnings ratio of 48.78 and a beta of 0.23. The business’s 50 day moving average is $70.20 and its two-hundred day moving average is $85.99. Circle Internet Group has a 52-week low of $49.90 and a 52-week high of $189.92.

Hedge Funds Weigh In On Circle Internet Group

A number of large investors have recently bought and sold shares of the business. Bartlett & CO. Wealth Management LLC bought a new position in shares of Circle Internet Group during the fourth quarter valued at approximately $25,000. Larson Financial Group LLC lifted its holdings in shares of Circle Internet Group by 3,800.0% in the 3rd quarter. Larson Financial Group LLC now owns 195 shares of the company’s stock worth $26,000 after purchasing an additional 190 shares during the last quarter. EverSource Wealth Advisors LLC bought a new stake in shares of Circle Internet Group in the 2nd quarter worth approximately $27,000. Bellevue Asset Management LLC acquired a new position in Circle Internet Group during the 4th quarter valued at approximately $29,000. Finally, Harbour Investments Inc. boosted its position in Circle Internet Group by 170.0% during the 4th quarter. Harbour Investments Inc. now owns 378 shares of the company’s stock valued at $30,000 after purchasing an additional 238 shares during the period.

Insider Transactions at Circle Internet Group

In other Circle Internet Group news, President Heath Tarbert sold 39,240 shares of the business’s stock in a transaction on Wednesday, June 10th. The shares were sold at an average price of $81.47, for a total transaction of $3,196,882.80. Following the completion of the sale, the president owned 502,558 shares in the company, valued at $40,943,400.26. The trade was a 7.24% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Jeremy Allaire sold 56,200 shares of the stock in a transaction on Friday, June 5th. The stock was sold at an average price of $82.93, for a total transaction of $4,660,666.00. Following the sale, the chief executive officer directly owned 510,579 shares in the company, valued at $42,342,316.47. This trade represents a 9.92% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold a total of 2,027,497 shares of company stock valued at $157,496,368 over the last quarter. Insiders own 10.85% of the company’s stock.

Trending Headlines about Circle Internet Group

Here are the key news stories impacting Circle Internet Group this week:

• Positive Sentiment: Arc growth strategy supports optimism: Circle highlighted its Arc blockchain as a key growth driver and raised its 2026 other-revenue outlook ahead of Arc’s planned September 16 mainnet launch. The update gives investors a potential catalyst for future revenue growth. CRCL Q2 Earnings Call Highlights Arc-Led Revenue Outlook
• Positive Sentiment: HC Wainwright maintains a bullish stance: The firm reiterated a “Buy” rating and a $104 price target, substantially above recent trading levels. Its estimates call for $1.39 in fiscal 2027 EPS versus $0.88 expected for the current year, implying significant anticipated earnings growth.
• Positive Sentiment: Technical rebound possible: A technical analysis report identified early signs that CRCL may be forming a bottom after its deep correction. A move above $72.86 was cited as confirmation of a stronger potential trend reversal. Circle Internet CRCL Price Forecast: Bottoming Signals Emerge After Deep Correction
• Neutral Sentiment: Analysts remain divided: Coverage noted that Wall Street opinions on CRCL are split, suggesting the rally may face resistance until Circle demonstrates stronger earnings and sustained Arc-related growth. Circle Internet Group Stock Jumps Tuesday. Analysts Are Still Split on the Stock.
• Negative Sentiment: Near-term EPS forecasts were reduced: HC Wainwright lowered its Q3 2026 EPS estimate to $0.34 from $0.37 and its Q4 estimate to $0.51 from $0.55. Circle also recently reported quarterly EPS below consensus, reinforcing concerns about near-term profitability.

Circle Internet Group Company Profile

Circle Internet Group (NYSE: CRCL) is a financial technology company that builds infrastructure to enable businesses and developers to use and move money on public blockchains. Co-founded by Jeremy Allaire and Sean Neville, the company is best known as a principal issuer and steward of USDC, a dollar-pegged stablecoin developed through the CENTRE Consortium, which Circle co-founded with Coinbase. Jeremy Allaire serves as CEO and has been a visible leader in the company’s strategy and public engagement around digital currency and payments innovation.

Circle’s core products and services center on digital currency issuance and programmable payments.