crcl

Mizuho Securities has reversed its stance on Circle, upgrading the rating of CRCL stock to "Neutral" and raising its target price to $77. It stated on Wednesday that the growing popularity of the market platform Polymarket could drive the company's stock price up.Analysts Dan Dolev and Alexander Jenkins said, "All bets on Polymarket are settled in USDC, which means that the growth of Polymarket will directly drive the growth of USDC. We expect the growth momentum of the prediction market to continue through 2026, which will translate into an increase in the market capitalization of USDC, bringing incremental revenue to Circle."

ARK Invest disclosed its first crypto-related trades of 2026, purchasing COIN, CRCL, and BLSH.

According to market news, Mizuho Securities expressed a more pessimistic view on Circle Internet Group's stock on Friday. The investment bank's analysts lowered their benchmark target price from $84 to $70. Circle's stock traded at around $82 on Friday, down nearly 40% over the past month."We believe that CRCL's valuation fails to adequately reflect the key risks to its mid-term earnings," Mizuho analysts stated in a research report. The analysts also pointed out potential risks including "upcoming interest rate cuts, relatively stagnant USDC circulation, structurally high (and still rising) distribution costs," and increasing competition in the stablecoin space. Mizuho's forecast stands in stark contrast to that of JPMorgan analysts, who upgraded Circle's stock rating to "overweight" this week and set a new target price of $100 by December 2026.Mizuho also stated, "Given the declining interest rates, the slower-than-expected adoption of its USDC stablecoin, and the rising costs of token distribution, CRCL's consensus earnings forecasts may face downward revisions in the coming years." Mizuho's optimistic scenario target price for Circle stock is $251, while the pessimistic scenario target price is $38.

JPMorgan has upgraded Circle (CRCL) from Underweight to Overweight, raising the target price from $94 to $100, which implies an upside of about 16%. Analyst Kenneth Worthington noted that Circle's fundamentals have improved and the third-quarter performance was strong.Circle's stock price has risen 178% since its IPO at $31, but it is still 67% lower than the June peak. Worthington believes this is a buying opportunity. He stated that stablecoins are further entering mainstream finance, with Circle's USDC leading this trend. Following the upgrade, Circle's stock price rose over 1%.

According to the Ark Invest Tracker, Cathie Wood's Ark Invest increased its holdings by 353,328 shares of Circle stock yesterday (valued at approximately $30.36 million at current prices).

According to Jinshi reports, Circle (CRCL.N) stock price continues to decline, with a latest drop of 10%.

ChainCatcher news, Wall Street broker Bernstein stated that if U.S. interest rates decline significantly, Circle (CRCL) may see its revenue impacted, but strong demand for stablecoins and operational leverage could help mitigate the blow. The current rating for Circle stock is outperform, with a target price of $230. The stock fell 2.3% in early trading, dropping to around $134.4.

ChainCatcher news, according to Jinshi reports, U.S. stocks opened higher, with the three major indices rising: the Dow Jones Industrial Average up 0.4%, the S&P 500 up 0.4%, and the Nasdaq Composite up 0.5%.At the same time, "the first stock of stablecoins" Circle (CRCL.N) surged about 15%, with second-quarter revenue increasing by 53% year-on-year.

ChainCatcher news, according to businesswire, exchange-traded fund provider ProShares announced the launch of the ETF "ProShares Ultra CRCL" that tracks Circle stock. This is reportedly the first ETF product launched by ProShares that tracks a single stock.Data shows that since its listing on the New York Stock Exchange in June this year, Circle's market capitalization has increased nearly fivefold.

ChainCatcher news, according to an analysis by 100y.eth, the research director of the South Korean Web3 research institution Four Pillars, South Korea is currently experiencing a stablecoin bubble, with no clear regulatory guidance.Almost every day, financial news reports that some bank or company is applying for stablecoin-related trademarks. Once a listed company applies for a related trademark, its stock price usually rises by 15%-30% on the same day. Companies that have applied for stablecoin trademarks include financial and tech giants such as Toss Bank, Viva Republica, Shinhan Financial Group, NHN KCP, Kakao Pay, and KB Kookmin Bank.In addition, South Korean investors' interest in stablecoins has also extended to the international market. Data shows that $CRCL became the most purchased foreign stock by South Korean investors in June, with a net inflow of $410 million.

ChainCatcher news, according to market data, the US stock market closed on Monday with Circle Internet Group (CRCL) up 9.64%, currently priced at $263.45, with a market capitalization of $63.89 billion, and the current stock price has increased by 749% compared to its IPO price.As of the time of writing, the market capitalization of USDC is reported to be $61.675 billion, meaning that Circle's market capitalization has reached 103.6% of its USDC market capitalization.

ChainCatcher news, ARK Invest has increased its selling of Circle shares, with its three funds publicly selling 609,175 shares of CRCL worth $146.2 million this Friday.Previously, ARK had sold shares three times in the past week, totaling 1.25 million shares of CRCL. Based on the daily closing prices, they made a net profit of approximately $243 million.

ChainCatcher news, according to Jinshi reports, the first stock of stablecoins Circle (CRCL.K) rose 10% in the US night market.

ChainCatcher news, Arca Chief Investment Officer Jeff Dorman tweeted that Arca has sold all of its Circle (CRCL) shares.Previously, Arca criticized the low allocation of the Circle IPO, stating that it would switch to using USDT.

ChainCatcher news, according to The Block, Arca's Chief Investment Officer Jeff Dorman criticized Circle for allocating a "pitiful" $135,000 worth of shares in its oversubscribed IPO.Arca had placed an order to subscribe for $10 million, and Dorman stated that Circle is a long-term partner that helped them through the USDC de-pegging crisis during the 2023 banking turmoil, yet they have not received a fair allocation. Dorman publicly announced that he would close the Circle account and switch to competing stablecoins like USDT.

ChainCatcher news, according to market news, stablecoin issuer Circle has submitted an S-1 filing to the U.S. Securities and Exchange Commission (SEC), officially starting the initial public offering (IPO) process. The company plans to list on the New York Stock Exchange under the ticker symbol CRCL.