Circle stock slips in premarket after 35% pop on USDC earnings; analysts reset the bar
Circle Internet Group shares slipped 0.4% to $82.75 premarket after soaring 35.5% on Wednesday, following Q4 revenue and reserve income of $770 million, up 77% year-over-year. Morgan Stanley raised its price target to $80. USDC circulation ended 2025 at $75.3 billion, with Circle’s reserve return rate dropping to 3.8%.