Circle: Q1 earnings report to be released before U.S. stock market opens tomorrow, current market cap $28.1 billion

Odaily News Circle announced that USDC stablecoin issuer Circle will release its first-quarter earnings report before the U.S. stock market opens on May 11, and will hold an earnings conference call at 8:00 PM Beijing time on May 11 to discuss financial results and business progress.

Market expectations for Q1 revenue are approximately $715 million, down about 7% from $770 million in Q4 2025, and up approximately 11% year-over-year; GAAP earnings per share are expected to be $0.18, with adjusted earnings per share expected at $0.27. The average analyst price target is $144.36. Oppenheimer maintains a Buy rating with a target price of $152, while Needham also maintains a Buy rating but has lowered its target price from $190 to $130. Circle's market cap currently stands at $28.1 billion, with the stock price at $113.67.