Circle will release its Q1 financial report tomorrow before the US stock market opens.
BlockBeats News, May 10th, according to an official announcement, the issuer of the US dollar stablecoin USDC, Circle, will release its first-quarter financial report before the U.S. stock market opens on May 11th. A financial results conference call will be held at 8:00 PM (UTC+8) on May 11th to discuss the financial results and business progress.
The market expects Q1 revenue to be about $715 million, representing a quarter-over-quarter decrease of about 7% from Q4 2025's $770 million, but still an increase of about 11% year-over-year. The GAAP earnings per share are expected to be $0.18, with adjusted earnings per share expected to be $0.27. The average analyst price target is $144.36. Oppenheimer maintains an Outperform rating with a target price of $152, while Needham retains its Buy rating but lowers the target price from $190 to $130.
According to Bitget market data, Circle has a market capitalization of $28.1 billion, with a current stock price of $113.67.
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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