Circle (CRCL) shares plummeted over 10% despite beating Q3 estimates. Investors are concerned about rising operating expenses, leading to a 65% drop from the year’s high. Technical indicators suggest a potential bullish reversal, making the post-earnings dip an attractive buying opportunity. Wall Street analysts are positive on CRCL with a 90% upside potential.

CEO Jeremy Allaire remains optimistic about USDC adoption, projecting a 40% compound annualized growth. Circle raised full-year revenue guidance, reinforcing the case for owning the stock. Analysts maintain a “Hold” rating on CRCL but see a mean target of $167, signaling significant upside potential. The company is focused on long-term growth in building the “new Economic OS for the internet.”

Read more at Yahoo Finance: Circle Stock Enters Oversold Territory on Earnings Plunge. Should You Buy the Dip?