Circle: Will release Q1 earnings before the US stock market opens tomorrow, with a current market cap of $28.1 billion
Odaily Planet Daily News Circle announced that US dollar stablecoin USDC issuer Circle will release its first-quarter earnings before the US stock market opens on May 11, and will hold an earnings conference call at 20:00 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 about 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 maintains a Buy rating but lowered its target price from $190 to $130. Circle's current market capitalization is $28.1 billion, with the stock price currently at $113.67.
