Bernstein rates Circle as "Outperform" with a target price of $190
BlockBeats News, February 26, Bernstein stated that Circle is now a financial technology infrastructure provider, rather than a "proxy investment target" for crypto assets.
According to Circle's Q4 financial report, its 2025 revenue soared by 77%, reaching $770 million.
For Circle CEO Jeremy Allaire, this is just the beginning of the impact of artificial intelligence and blockchain technology on the global economy. He stated: "We are at the very early stages of a profound and fundamental transformation in the way the global economic system operates. Our global economic system will not only become more internet-native, but also more automated."
Bernstein believes that Circle will play a key role in this transformation, reiterating its "outperform" rating and a target price of $190 in a new report, implying an upside of 129%. The report also points out that Circle is evolving into core internet infrastructure. Analyst Gautum Chhugani and his three colleagues described Circle's Q4 performance as "a clear divergence from the crypto market."
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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