Mizuho Securities has lowered its price target for Circle (CRCL) to $70, citing key risks to mid-term profitability.

By: theblockbeats.news|2025/11/15 14:15:52

BlockBeats News, November 15th, according to The Block, Mizuho Securities on Friday expressed a more pessimistic view on Circle Internet Group's stock. The investment bank's analyst lowered its base target price from $84 to $70. Circle's stock traded at around $82 on Friday, down nearly 40% in the past month.

"We believe CRCL's valuation has not fully reflected the key risks facing its mid-term profitability," a Mizuho analyst stated in a research report. The analyst also noted that potential risks include "upcoming rate cuts, relatively stagnant USDC circulation, structurally high (and still growing) distribution costs," and the increasingly fierce competition in the stablecoin sector.

Mizuho's forecast stands in stark contrast to JPMorgan analysts, who this week upgraded Circle's stock to "hold" and provided a new target price: by December 2026, Circle's stock price will reach $100.

Mizuho also stated, "Given the interest rate declines, slower-than-expected adoption of its USDC stablecoin, and rising token distribution costs, CRCL's consensus earnings forecasts may face downward revisions in the coming years."

Mizuho's optimistic scenario target price for Circle's stock is $251, while the pessimistic scenario target price is $38.

-- Price

In three weeks, Drift, Hyperbridge, and KelpDAO were consecutively hacked, resulting in nearly $900 million in losses. Polygon's CEO wrote that the problem lies not with any single team, but with the "notary" style architecture shared by the entire industry—relying on one or two signers to stamp cro...

Major Upgrade on Web: 10+ Advanced Chart Styles for Deeper Market Insights

To deliver more powerful and professional analysis tools, WEEX has rolled out a major upgrade to its web trading charts—now supporting up to 14 advanced chart styles.

Morning Report | Aethir secures a $260 million enterprise contract with Axe Compute; New Fire Technology acquires Avenir Group's trading team; Polymarket's trading volume surpassed by Kalshi

Overview of Important Market Events on April 23

Why a Million-Follower Crypto KOL Chooses WEEX VIP?

Discover why top crypto KOL Carl Moon partnered with WEEX. Explore the WEEX VIP ecosystem, 1,000 BTC protection fund, and exclusive rewards for serious traders.

CoinEx Founder: The Crypto Endgame in My Eyes

The industry will not disappear, but it will shrink significantly.

Spark Coin (SPK): Explodes 73% as Aave Bleeds $15B, A Good Investment Now?

Spark coin (SPK) surged 73% as $15 billion fled Aave after the KelpDAO hack. This article explains what Spark is, why it’s pumping, and whether it is a good investment right now.

As Aave's building collapses, Spark's high-rise is rising

The growth of Spark's TVL is essentially a redistribution of existing capital in DeFi among protocols, rather than new capital entering the market. The "cake" of the entire industry has shrunk in the short term, and no one can remain unaffected.

RootData: Q1 2026 Cryptocurrency Exchange Transparency Research Report

In this report, Binance continues to rank first with the highest trading volume and wealth potential, while OKX has risen to second place as one of the few exchanges with an increase in trading volume this month.

What Is Memecoin Trading? A Beginner's Guide to How It Works, the Risks, and 2026's Hottest Tokens

Memecoins surged 30%+ at the start of 2026 while Bitcoin was flat. RAVE spiked 4,500% then crashed 90% in days. MAGA jumped 350% overnight. This guide explains exactly how memecoin trading works — and how to not blow up your account doing it.