Analyst Raises Circle Stock Target Price to $100

Odaily Mizuho Securities analyst Dan Dolev has raised the target price for Circle (CRCL) stock from $90 to $100, an increase of 10%, while maintaining a Neutral rating. Circle released its Q4 2025 financial report on February 25th, with earnings per share (EPS) of $0.43, surpassing Wall Street's expectation of $0.35, and quarterly revenue reaching $770 million. As of the end of last year, the circulating supply of USDC grew by 72% to $75.3 billion. Dan Dolev stated that rising oil prices due to the US-Israel-Iran war could lead to higher inflation and reduce the likelihood of Federal Reserve interest rate cuts, which would benefit Circle by allowing it to earn stable interest income from its holdings of U.S. Treasury bonds. Currently, the market capitalization of USDC is approximately $75.92 billion, holding a 24.3% market share. As of January 30th, Circle's USDC reserves included U.S. Treasury bonds valued at $18.8 billion.