Wolfe Research Bearish on Circle Internet Group (CRCL) on Lower EBITDA Expectations

Circle Internet Group Inc. (NYSE:CRCL) is one of 15 stocks with the biggest hedge fund momentum, after gaining 28 hedge fund holders during the fourth quarter of 2025. 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 ...