CRCL Stock Falls -11% In 6-day Spree On Tiger Securities Target Cut
Circle Internet (CRCL) – a platform for frictionless global digital value exchange – hit 6-day losing streak, with cumulative losses over this period amounting to a -11%. The company market cap has crashed by about $2.0 Bil over the last 6 days, and currently stands at $16 Bil.
The stock has YTD (year-to-date) return of 11.8% compared to 1.9% for S&P 500. Let’s take a look at what’s driving the stock.
What Triggered The Slide?
[1] Tiger Securities Price Target Reduction
- Price target lowered to $85 from $100
- Four analysts revised earnings downwards for the upcoming period
- Impact: Sustained selling pressure, Heightened investor concern
[2] Broadening Revenue Headwinds
- Concerns over slowing USDC growth and falling reserve yields
- USDC market share declined in Q4 2025
- Impact: Increased uncertainty around future growth, Negative industry sentiment
Why This Matters?
Sustained weakness can be more than noise. It often signals shifting sentiment or deeper concerns. A multi-day losing streak may warn of further downside, or present an opportunity to buy if fundamentals are intact.
But here is the real interesting point.
You are reading about this -11% move after it happened. The market has already priced in the news. To avoid the next loser before the headlines, you need predictive signals, not notifications. Our High Quality Portfolio has a risk model designed to reduce exposure to losers.
Returns vs S&P 500
The following table summarizes the return for CRCL stock vs. the S&P 500 index over different periods, including the current streak:
| Return Period | CRCL | S&P 500 |
|---|---|---|
| 1D | -1.3% | 0.4% |
| 6D (Current Streak) | -11.0% | 0.6% |
| 1M (21D) | -15.3% | 0.7% |
| 3M (63D) | -50.7% | 2.8% |
| YTD 2026 | -11.8% | 1.9% |
| 2025 | 16.4% | |
| 2024 | 23.3% | |
| 2023 | 24.2% |
Gains and Losses Streaks: S&P 500 Constituents
There are currently 55 S&P constituents with 3 days or more of consecutive gains and 62 constituents with 3 days or more of consecutive losses.
| Consecutive Days | # of Gainers | # of Losers |
|---|---|---|
| 3D | 22 | 35 |
| 4D | 10 | 23 |
| 5D | 17 | 0 |
| 6D | 3 | 4 |
| 7D or more | 3 | 0 |
| Total >=3 D | 55 | 62 |
Key Financials for Circle Internet (CRCL)
Last 2 Fiscal Years:
| Metric | FY2023 | FY2024 |
|---|---|---|
| Revenues | $1.5 Bil | $1.7 Bil |
| Operating Income | $234.4 Mil | $162.9 Mil |
| Net Income | $267.6 Mil | $155.7 Mil |
Last 2 Fiscal Quarters:
| Metric | 2025 FQ2 | 2025 FQ3 |
|---|---|---|
| Revenues | $658.1 Mil | $739.8 Mil |
| Operating Income | $-326.3 Mil | $79.3 Mil |
| Net Income | $-482.1 Mil | $214.4 Mil |
The losing streak CRCL stock is currently on doesn’t inspire much confidence among investors. In contrast, Trefis High Quality (HQ) Portfolio, with a collection of 30 stocks, has a track record of comfortably outperforming its benchmark that includes all 3 — the S&P 500, S&P mid-cap, and Russell 2000 indices. Why is that? As a group, HQ Portfolio stocks provided better returns with less risk versus the benchmark index; less of a roller-coaster ride, as evident in HQ Portfolio performance metrics.