Group 1 - Circle's stock price has experienced significant volatility since its IPO, initially soaring but recently undergoing a substantial correction [1] - Needham has assigned a "Buy" rating to Circle, suggesting the company may be entering a paradigm shift similar to that of Tesla or leading AI companies, with USDC being the second-largest stablecoin by market capitalization [1] - Needham analyst John Todaro highlights that USDC's dominance as a reserve asset in decentralized finance has attracted $12 billion in stable customer funds, supporting a bullish outlook [1] Group 2 - JPMorgan has issued a "Reduce" rating for Circle, noting that while the company has a first-mover advantage in a winner-takes-all market, this also implies a high valuation [1] - JPMorgan's analyst Kenneth Worthington points out that Circle's IPO price midpoint was $31 per share, equating to an $8 billion market cap, while the current stock price and market cap are $181.29 and $40 billion, respectively [1] - Deutsche Bank has initiated a "Hold" rating for Circle, stating that while stablecoins are expected to see strong applications, the wide range of potential outcomes may lead to significant fluctuations in earnings forecasts and stock prices in the short term [2] Group 3 - Citigroup maintains a "Buy" rating for Circle, citing factors such as scarcity value, a winner-takes-all model, vast potential market space, legislative momentum, and significant operational leverage potential as strong support for future stock price increases [2]
稳定币巨头Circle(CRCL.US)股价坐上“过山车” 华尔街分析师褒贬不一