Tiger Securities Boosts Circle Internet Price Target on Strong Crypto Outlook

Tiger Securities has increased its price target for Circle Internet Group from $100 to $115, maintaining a Buy rating. The new target suggests a 36% upside from the current stock price of $84.40, though it remains below some analysts' high estimates of $243. The adjustment comes ahead of Circle Internet's third-quarter 2026 earnings report, with Tiger Securities citing a new bull-market regime for crypto that should boost demand for Circle's services.

The firm highlights Circle's strong fundamentals, including 37% revenue growth over the past year and a $21.25 billion market cap. Analysts expect net income to grow this year, reinforcing the company's profitability. Tiger Securities also noted that higher policy rates could support Circle's reserve return rate, creating a favorable operating environment.

Recent developments for Circle Internet Group include an expanded USDC distribution agreement with Binance, reinforcing the partnership. Baird reiterated an Outperform rating with a $100 price target, while Susquehanna maintained a Neutral rating with a $92 target, despite executive departures. TD Cowen raised its price target to $92, and Needham suggested the Senate's rejection of crypto legislation could present a buying opportunity for related stocks.