Since 2026, Circle Internet Financial's stock performance has been stellar, making it one of the best-performing stocks on Wall Street. Bernstein believes that this upward trend still has room to continue as stablecoins become increasingly integrated into commercial applications.
In its latest research report, Bernstein maintained an "Outperform" rating on CRCL stock and set a 12-month target price of $190, reflecting its optimistic expectations for the company's future growth potential. Despite the crypto market correction in late 2025 due to large-scale leverage liquidations, Circle's stock has demonstrated resilience independent of the broader market.
Since its low of around $50 in February of this year, its stock price has more than doubled. As of Tuesday's close, the stock was trading at $118.17, up 5.7% on the day, with a total market capitalization of approximately $30.3 billion. Year-to-date, Circle's stock has risen nearly 49%, significantly outperforming the S&P 500 index, which is roughly flat, and the Nasdaq 100 index, which is down 1%.
Based on Bernstein's target price, the current stock price still has approximately 60% upside potential.
Circle's Stock Surges as Stablecoin Adoption Drives Analyst Target Price Hike
Circle's stock has surged nearly 50% in 2026, with Bernstein raising its target price to $190, optimistic about the accelerated adoption of stablecoin USDC in enterprise scenarios, driving it away from crypto market volatility and becoming a key infrastructure for financial digitization.