Circle Internet Group (CRCL) stock soars 29% on debut, analysts bullish, expected to hit $250

Circle Internet Group (CRCL) made a strong debut on the New York Stock Exchange, with shares soaring over 29% on the first day of trading, opening at $69 per share. Analysts are bullish on CRCL, with Needham initiating coverage with a “Buy” rating and a price target of $250. The company operates in the stablecoin sector and is poised to benefit from increased adoption. Circle reported impressive financial results for the first quarter of 2025, with revenue and income rising significantly. Despite facing some recent headwinds, CRCL stock continues to attract investors, trading at premium valuations. Analysts forecast a challenging second quarter but remain optimistic about the company’s long-term growth potential. Circle currently holds a “Moderate Buy” consensus rating, with an average price target of $193.12 and a Street-High target of $250, indicating further upside potential.

Read more at Yahoo Finance: Can Circle Stock Hit $250 in 2025?