Your email has been successfully added to our mailing list.

×
-0.000480538202787197 -0.000480538202787197 -0.00216242191254213 -0.00228255646323897 -0.00288322921672284 -0.00216242191254213 0.000120134550696671 0.00300336376741951
Stock impact report

Wolfe Research Bearish on Circle Internet Group (CRCL) on Lower EBITDA Expectations [Yahoo! Finance]

Circle Internet Group, Inc. Class A (CRCL) 
Company Research Source: Yahoo! Finance
On February 12, Wolfe Research lowered its price target on Circle Internet Group Inc. (NYSE:CRCL) to $40 from $65 while maintaining an Underperform rating. In his report, Wolfe Research analyst Daniel Krebs cited “material lower out-year profitability estimate with similar operation expense growth assumptions” compared to the firm's prior model as the primary reason for the target reduction. The new price target is based on a multiple of 19x the firm's 2027 EBITDA estimate of $634 million, down from the previous estimate of $865 million. The multiple was also reduced from 21.5x previously. Despite the lower target, Wolfe Research noted that the assigned multiple on the company behind the stablecoin USDC, the second-most popular of its digital asset class following USDT, still represents a premium to peers trading at around 13-19x. Wolfe Research Bearish on Circle Internet Group (CRCL) on Lower EBITDA Expectations Circle Internet Group Inc. (NYSE:CRCL) is a financial technology c Show less Read more
Impact Snapshot
Event Time:
CRCL
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison Updated
Event Day
Stock performance from the time of news release until the following 4pm ET market close
Last price at news event
Since Event
Multi-day stock performance from the time of the news release
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
LAST
PRICE AT
NEWS EVENT
SINCE EVENT
Multi-day stock performance from the time of the news release
Last Price
VWAP
High:
Max Up
High:
Low:
Max Down
Low:
%
Post news range
%
Price change

Price Change Percentage


S&P 500
(SPX)

%

Volume ratio
%

Volume
Ticks

Avg transaction size

Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Opt-in for CRCL alerts
Opt-in for
CRCL alerts

from News Quantified
Opt-in for
CRCL alerts

from News Quantified