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BUY ON WEAKNESS

It started trading last Thursday, over 100% from its deal price. CRCL deals in stablecoin, +272% since its IPO. Primarily, CRCL makes money by investing their dollar reserves. Also, they have a Euro-denominated stablecoin and other businesses. But the US stablecoin accounts for 99% of business. Their Q1 numbers impress: 59% revenue growth, 75% net income growth. But at the current price, CRCL is selling at 165x 2024's PE (Coinbase was 27x). Overall, he likes CRCL, but not at this price.

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Circle Internet Group(CRCL-Q) Rating

Ranking : 3 out of 5

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Bullish - Buy Signals / Votes : 1

Neutral - Hold Signals / Votes : 1

Bearish - Sell Signals / Votes : 1

Total Signals / Votes : 3

Stockchase rating for Circle Internet Group is calculated according to the stock experts' signals. A high score means experts mostly recommend to buy the stock while a low score means experts mostly recommend to sell the stock.

Circle Internet Group(CRCL-Q) Frequently Asked Questions

What is Circle Internet Group stock symbol?

Circle Internet Group is a OTC stock, trading under the symbol CRCL-Q on the (). It is usually referred to as or CRCL-Q

Is Circle Internet Group a buy or a sell?

In the last year, 3 stock analysts published opinions about CRCL-Q. 1 analyst recommended to BUY the stock. 1 analyst recommended to SELL the stock. The latest stock analyst recommendation is . Read the latest stock experts' ratings for Circle Internet Group.

Is Circle Internet Group a good investment or a top pick?

Circle Internet Group was never recommended as a Top Pick on Stockchase. Read the latest stock experts ratings for Circle Internet Group.

Why is Circle Internet Group stock dropping?

Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.

Is Circle Internet Group worth watching?

In the last year 3 stock analysts on Stockchase covered Circle Internet Group. The stock is worth watching.

What is Circle Internet Group stock price?

On , Circle Internet Group (CRCL-Q) stock closed at a price of $.