$Circle Internet Corp.(CRCL)$ -To The Moon - Tiger Brokers Online Investing Community - To The Moon

$Circle Internet Corp.(CRCL)$ stock falls after first downgrade. Circle Internet Group (NYSE:CRCL) stock declined over 3% Tuesday after receiving its first downgrade since its June IPO, with shares that initially priced at $31 now trading above $200.

Compass Point analyst Ed Engel downgraded CRCL from Neutral to Sell with a price target of $130, down from $205, citing concerns about the company's long-term economics relative to its $53 billion valuation. The downgrade comes after U.S. stablecoin legislation passed last week.

"We still believe USDC can be an integral part of the financial system; however, we're more cautious towards CRCL's long-term economics than its $53bn valuation implies," Engel wrote in his note to investors.

The analyst expects Circle to expand its distribution network in coming months while sharing a greater percentage of interest income. He also anticipates traditional banks and fintech companies will announce competing stablecoin products in the second half of 2025, potentially pressuring CRCL's premium valuation.

Nothing surprising and pretty expected. Anything that has run up too fast and too high is bound to face skepticism on a further climb up. The decline is expected IMHO. Not an investor for now.

Circle Dumping Risk? Cash Out at $150 or Time to Bottom?

Circle beats revenue but fell as it 5% as it files to sell 10M shares of Class A common stock. Circle reported a net loss of $482 million in the second quarter, compared with a $33 million profit a year ago. Revenue increased by 53% to $658 million, surpassing Wall Street estimates of $646 million.

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Comments

3nn
07-23
3nn
Looking at $170 later today!

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Cash Out at $150 or Time to Bottom?","type":0,"rnLink":"https://laohu8.com/RN?name=RNTheme&page=/theme/detail&rndata={\"themeId\":816ae028c2a2470ab43d3c5817628419}&rnconfig={\"headerBarHidden\": true}","description":"Circle beats revenue but fell as it 5% as it files to sell 10M shares of Class A common stock.\nCircle reported a net loss of $482 million in the second quarter, compared with a $33 million profit a year ago.\nRevenue increased by 53% to $658 million, surpassing Wall Street estimates of $646 million.","image":"https://community-static.tradeup.com/news/92de77f63e0c9e5cf906ba32f27eb79f"}],"images":[],"coverImages":[],"html":"<html><head></head><body><p><a href=\"https://ttm.financial/S/CRCL\">$Circle Internet Corp.(CRCL)$ </a>stock falls after first downgrade. Circle Internet Group (NYSE:CRCL) stock declined over 3% Tuesday after receiving its first downgrade since its June IPO, with shares that initially priced at $31 now trading above $200.</p>\n<p>Compass Point analyst Ed Engel downgraded CRCL from Neutral to Sell with a price target of $130, down from $205, citing concerns about the company's long-term economics relative to its $53 billion valuation. The downgrade comes after U.S. stablecoin legislation passed last week.&nbsp;</p>\n<p>\"We still believe USDC can be an integral part of the financial system; however, we're more cautious towards CRCL's long-term economics than its $53bn valuation implies,\" Engel wrote in his note to investors.</p>\n<p>The analyst expects Circle to expand its distribution network in coming months while sharing a greater percentage of interest income. He also anticipates traditional banks and fintech companies will announce competing stablecoin products in the second half of 2025, potentially pressuring CRCL's premium valuation.</p>\n<p>Nothing surprising and pretty expected. Anything that has run up too fast and too high is bound to face skepticism on a further climb up. The decline is expected IMHO. Not an investor for now.</p></body></html>","htmlText":"<html><head></head><body><p><a href=\"https://ttm.financial/S/CRCL\">$Circle Internet Corp.(CRCL)$ </a>stock falls after first downgrade. Circle Internet Group (NYSE:CRCL) stock declined over 3% Tuesday after receiving its first downgrade since its June IPO, with shares that initially priced at $31 now trading above $200.</p>\n<p>Compass Point analyst Ed Engel downgraded CRCL from Neutral to Sell with a price target of $130, down from $205, citing concerns about the company's long-term economics relative to its $53 billion valuation. The downgrade comes after U.S. stablecoin legislation passed last week.&nbsp;</p>\n<p>\"We still believe USDC can be an integral part of the financial system; however, we're more cautious towards CRCL's long-term economics than its $53bn valuation implies,\" Engel wrote in his note to investors.</p>\n<p>The analyst expects Circle to expand its distribution network in coming months while sharing a greater percentage of interest income. He also anticipates traditional banks and fintech companies will announce competing stablecoin products in the second half of 2025, potentially pressuring CRCL's premium valuation.</p>\n<p>Nothing surprising and pretty expected. Anything that has run up too fast and too high is bound to face skepticism on a further climb up. The decline is expected IMHO. Not an investor for now.</p></body></html>","text":"$Circle Internet Corp.(CRCL)$ stock falls after first downgrade. Circle Internet Group (NYSE:CRCL) stock declined over 3% Tuesday after receiving its first downgrade since its June IPO, with shares that initially priced at $31 now trading above $200. Compass Point analyst Ed Engel downgraded CRCL from Neutral to Sell with a price target of $130, down from $205, citing concerns about the company's long-term economics relative to its $53 billion valuation. The downgrade comes after U.S. stablecoin legislation passed last week. \"We still believe USDC can be an integral part of the financial system; however, we're more cautious towards CRCL's long-term economics than its $53bn valuation implies,\" Engel wrote in his note to investors. The analyst expects Circle to expand its distribution network in coming months while sharing a greater percentage of interest income. He also anticipates traditional banks and fintech companies will announce competing stablecoin products in the second half of 2025, potentially pressuring CRCL's premium valuation. Nothing surprising and pretty expected. Anything that has run up too fast and too high is bound to face skepticism on a further climb up. The decline is expected IMHO. Not an investor for now.","highlighted":1,"essential":1,"paper":1,"likeSize":10,"commentSize":1,"repostSize":0,"favoriteSize":0,"link":"https://ttm.financial/post/459597186027736","repostId":0,"isVote":1,"tweetType":1,"viewCount":545,"commentLimit":10,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"symbols":["CRCL"],"verified":2,"subType":0,"readableState":1,"langContent":"EN","currentLanguage":"EN","warmUpFlag":false,"orderFlag":false,"shareable":true,"causeOfNotShareable":"","featuresForAnalytics":[],"commentAndTweetFlag":false,"andRepostAutoSelectedFlag":false,"upFlag":false,"length":1056,"optionInvolvedFlag":false,"xxTargetLangEnum":"ORIG"},"commentList":[{"id":459592509936224,"commentId":"459592509936224","gmtCreate":1753228856091,"gmtModify":1753229184817,"authorId":3573976216768090,"author":{"id":3573976216768090,"idStr":"3573976216768090","authorId":3573976216768090,"name":"3nn","avatar":"https://static.tigerbbs.com/303b8f037330070d95adf2f11d86d23a","vip":1,"currentWearingBadge":{"badgeId":"972123088c9646f7b6091ae0662215be-3","templateUuid":"972123088c9646f7b6091ae0662215be","name":"Legendary Trader","description":"Total number of securities or futures transactions reached 300","bigImgUrl":"https://static.tigerbbs.com/656db16598a0b8f21429e10d6c1cb033","smallImgUrl":"https://static.tigerbbs.com/03f10910d4dd9234f9b5702a3342193a","grayImgUrl":"https://static.tigerbbs.com/0c767e35268feb729d50d3fa9a386c5a","redirectLinkEnabled":0,"hasAllocated":1,"isWearing":1,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2024.08.21","exceedPercentage":"93.91%","individualDisplayEnabled":0,"individualDisplaySort":0,"categoryType":1100},"crmLevel":12,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":459597186027736,"objectIdStr":"459597186027736","type":1,"supId":0,"supIdStr":"0","prevId":0,"prevIdStr":"0","content":"Looking at $170 later today!","text":"Looking at $170 later today!","html":"Looking at $170 later today!","likeSize":0,"commentSize":0,"subComments":[],"verified":10,"allocateAmount":0,"commentType":"valid","coins":0,"score":0,"disclaimerType":0}],"isCommentEnd":false,"isTiger":false,"isWeiXinMini":false,"url":"/m/post/459597186027736"}