BlockBeats News, May 10th - According to an official announcement, the issuer of the USD stablecoin USDC, Circle, will release its first-quarter financial report before the US stock market opens on May 11th. A financial results conference call will be held at 8:00 PM Beijing time on May 11th to discuss the results and business progress.
The market expects a Q1 revenue of approximately $7.15 billion, representing a 7% decrease from Q4 2025's $7.70 billion, but still a 23% year-over-year increase. The GAAP earnings per share are expected to be $0.18, with an adjusted earnings per share of $0.27. The average analyst price target is $144.36. Oppenheimer maintains a buy rating with a target price of $152, while Needham also maintains a buy rating but has lowered the target price from $190 to $130.
According to Bitget market data, Circle has a market capitalization of $281 billion, with a stock price of $113.67.
