Circle Internet Group (NYSE:CRCL) ranks among the best innovative stocks to buy according to Wall Street analysts. On February 2, Morgan Stanley began coverage of Circle Internet Group (NYSE:CRCL) with an Equalweight rating and a $66 price target. The firm highlighted several factors behind its mixed position, including volatile regulatory prospects, use cases primarily related to cryptocurrency trading, and share price volatility. Morgan Stanley stated that most investors will probably wait for more information on either medium-term rate stability or revenue diversity before investing in Circle Internet Group (NYSE:CRCL).
The firm also stated that the current U.S. rate trend is a substantial barrier to Circle’s interest-based revenue, which, coupled with its substantial fixed-price structure, limits visibility into short-term earnings.
Meanwhile, on January 29, Compass Point raised Circle Internet Group (NYSE:CRCL) from Sell to Neutral and lowered its price target to $60 from $75. CRCL shares are expected to continue fluctuating based on cryptocurrency sentiment in the first half of 2026, with fewer individual variables that could allow the company to decouple from crypto pricing.
Circle Internet Group (NYSE:CRCL), also known as Circle, is a peer-to-peer payments technology company that currently manages USDC, a cryptocurrency pegged to the US dollar.
While we acknowledge the potential of CRCL as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you’re looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.
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Disclosure: None. This article is originally published at Insider Monkey.
