Goldman Sachs Initiates Coverage of Circle Internet Group with Neutral Rating and $83 Price Target

Goldman Sachs initiates coverage of stablecoin issuer Circle Internet Group (CRCL) with a Neutral rating and an $83 12-month price target, based on 60.0x Q5-Q8 adjusted earnings, implying 54% downside. This coverage raises valuation concerns despite acknowledging strong growth potential for CRCL.

Latest News

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大行评级|高盛:首予Circle“中性”评级及目标价83美元
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高盛唱空CRCL:估值泡沫下,稳定币的未来走向何方?
高盛唱空CRCL:估值泡沫下,稳定币的未来走向何方?
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异动解读 | Circle股价盘后下跌超5%,摩根大通首次覆盖给予"减持"评级
异动解读 | Circle股价盘后下跌超5%,摩根大通首次覆盖给予"减持"评级
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Circle Internet Group Inc : Goldman Sachs Initiates Coverage With Neutral Rating; Target Price $83
Circle Internet Group Inc : Goldman Sachs Initiates Coverage With Neutral Rating; Target Price $83
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Goldman Sachs: Circle Is An Unique Crypto Asset with Strong Growth, But Valuation Concerns Warrant Neutral Rating
Goldman Sachs: Circle Is An Unique Crypto Asset with Strong Growth, But Valuation Concerns Warrant Neutral Rating
06-30
高盛首次覆盖Circle,直接砸盘:给出暴跌54%的看空信号!
高盛首次覆盖Circle,直接砸盘:给出暴跌54%的看空信号!

User Discussion

【Voting Post】$Circle Internet Corp.(CRCL)$ hedge funds bought puts to the sky[What]  [Miser]