tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Circle Internet price target raised to $88 from $79 at Goldman Sachs

Goldman Sachs raised the firm’s price target on Circle Internet (CRCL) to $88 from $79 and keeps a Neutral rating on the shares. The group remains selectively attractive, supported by forecast 2026 growth of 10% revenue and 8% adjusted EBITDA, with a preference for crypto infrastructure, secular growth areas like prediction markets and tokenization, and structurally advantaged businesses, the analyst tells investors in a research note. The base case assumes continued regulatory reform driving broader institutional adoption, though failure of U.S. crypto market structure legislation would pose a meaningful risk, Goldman adds.

Claim 70% Off TipRanks Premium

Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>

Disclaimer & DisclosureReport an Issue

1