
CRCL Stock Forecast & Price Target
CRCL Analyst Ratings
Bulls say
Circle Internet Group Inc. is projected to achieve substantial revenue growth, with net revenue expected to increase from $0.7 billion in 2024 to approximately $2 billion by 2027, indicating a nearly 50% compound annual growth rate (CAGR). The company is also anticipated to expand its adjusted EBITDA from around $300 million in 2024 to about $1.3 billion by 2027, reflecting a strong profitability trajectory. Additionally, the firm reported an adjusted EBITDA of $248 million in the first half of 2025, with an improved margin of 51.5%, suggesting that margin expansion will continue as distribution costs stabilize and fee-based revenue increases, potentially reaching margins of 68% by 2027.
Bears say
The analysis highlights a negative outlook for Circle Internet Group, primarily due to the potential stagnation of USD Coin (USDC) circulation, which could remain below $120 billion due to competitive threats from bank-issued stablecoins and regulatory challenges. Additionally, projected compressed reserve yields may hinder EBITDA growth, positioning the company to support approximately $1 billion in EBITDA, which may be insufficient to sustain its market valuation. Furthermore, Circle's stock currently trades at a substantial premium to its FinTech peers—an EV/2026 revenue multiple of about 9x and a 39x 2026E adjusted EBITDA multiple—suggesting that the stock is overvalued relative to comparable firms like Block and Coinbase.
This aggregate rating is based on analysts' research of Circle Internet Group Inc and is not a guaranteed prediction by Public.com or investment advice.
CRCL Analyst Forecast & Price Prediction
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