Analyst raises price target on Circle stock after Iran war

Core Insights - Circle Internet Group reported Q4 2025 earnings with an EPS of $0.43, surpassing estimates of $0.35, and quarterly revenue of $770 million [1] - USDC in circulation reached $75.3 billion at year-end, reflecting a 72% growth [1] - The company's stock surged 65% following the earnings release, closing at $96.14 on March 2, and trading at $102 at press time [2] Financial Performance - The company achieved a quarterly revenue of $770 million and an EPS of $0.43, exceeding Wall Street expectations [1] - The stock was initially oversubscribed 25 times during its IPO, opening at $69, which was 124% above the IPO price of $31 [1][2] Market Position - USDC has a market capitalization of $75.92 billion, accounting for 24.3% of the total cryptocurrency market [4] - Circle's USDC reserves included $18.8 billion in U.S. Treasury securities as of January 30, according to a Deloitte audit [4] Analyst Insights - Mizuho Securities analyst Dan Dolev raised the price target for Circle stock from $90 to $100, maintaining a "neutral" rating [3] - The increase in price target is attributed to potential inflation and reduced likelihood of Federal Reserve interest rate cuts due to rising oil prices amid geopolitical tensions [5][6]