Earnings Report - Circle Internet Group is set to release its third-quarter earnings results on November 12, with analysts expecting earnings of 18 cents per share, a decrease from 25 cents per share in the same period last year [1] - The consensus estimate for quarterly revenue is $699.57 million, significantly up from $195.05 million a year earlier [1] Recent Developments - On October 28, Circle Internet announced a partnership with Wyclef Jean, who will serve as the Global Culture Advisor [2] - Following the announcement, Circle Internet's shares fell by 5.6%, closing at $98.30 [2] Analyst Ratings - William Blair analyst Andrew Jeffrey initiated coverage with an Outperform rating [5] - JMP Securities analyst Devin Ryan initiated coverage with a Market Perform rating [5] - Canaccord Genuity analyst Joseph Vafi maintained a Buy rating with a price target of $247 [5] - Needham analyst John Todaro reiterated a Buy rating with a price target of $250 [5] - Deutsche Bank analyst Brian Bedell maintained a Hold rating and reduced the price target from $163 to $123 [5]
Circle Internet Gears Up For Q3 Print; Here Are The Recent Forecast Changes From Wall Street's Most Accurate Analysts