Circle quarterly profit beats estimates on stablecoin growth
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William Blair Reiterates Outperform Rating on Circle Internet Group (CRCL)
November 12, 2025 7:26 AM ESTWilliam Blair analyst Andrew Jeffrey reiterated an Outperform rating on Circle Internet Group (NYSE: CRCL).
The analyst comments "Positive initial look. Buy any interim weakness on lack of a near-term catalyst. We continue to think USDC will be the stablecoin standard, putting Circle at the center of the programmable money revolution. The company reported third-quarter results ahead of our model and the Street on all metrics (see summary below), and guided the fourth quarter modestly ahead. We think the muted stock reaction reflects premium valuation and limited visibility to USDC... More
