Circle Internet Financial (NYSE: CRCL)'s target stock price has been downgraded to $160 by Canaccord and to $130 by Needham, but both firms maintain a "Buy" rating, citing the company's strong fundamentals. Analysts compare Circle to disruptive companies like Tesla and point out that its target market is the global money supply. In the fourth quarter, USDC circulation increased 100% year-over-year to $76.2 billion, with revenue up 77% to $770 million. The company's high-margin business model and the upcoming integration of AI agents into its Arc blockchain are seen as key growth drivers.
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Circle Internet Financial (NYSE: CRCL)'s target stock price has been downgraded to $160 by Canaccord and to $130 by Needham, but both firms maintain a "Buy" rating, citing the company's strong fundamentals. Analysts compare Circle to disruptive companies like Tesla and point out that its target market is the global money supply. In the fourth quarter, USDC circulation increased 100% year-over-year to $76.2 billion, with revenue up 77% to $770 million. The company's high-margin business model and the upcoming integration of AI agents into its Arc blockchain are seen as key growth drivers.