Circle Internet Group stock surged 500% after IPO, analysts divided on future valuation.

From Yahoo Finance: 2025-06-30 12:41:00

Circle Internet Group has seen its shares surge nearly 500% since its initial public offering earlier this month, with analysts from Bernstein giving the stock a $230 price target. However, analysts from JPMorgan and Goldman Sachs are more cautious, expressing concerns about the current valuation. The success of Circle could reflect a strong demand for new crypto-related listings, as other companies like Gemini and Bullish are reportedly preparing for their own debuts. Circle’s stock price has soared since its market debut, reaching a peak of $263 last week as Congress made progress on passing stablecoin-related legislation.



Read more at Yahoo Finance: Wall Street Analysts Are Divided on Circle Stock After Blockbuster IPO