Circle prices public offering of 10 million shares at $130 each

NEW YORK - Circle Internet Group, Inc. (NYSE:CRCL), a financial technology company and stablecoin market leader with a market capitalization of $35.1 billion, announced Thursday the pricing of its public offering of 10 million shares of Class A common stock at $130 per share. The stock currently trades at $139.23, reflecting strong market interest. According to InvestingPro analysis, the company appears fairly valued at current levels.

The offering consists of 2 million shares from Circle and 8 million shares from selling stockholders. Circle has granted underwriters a 30-day option to purchase up to an additional 1.5 million shares of Class A common stock.

The offering is expected to close on August 18, 2025, subject to customary closing conditions.

J.P. Morgan, Citigroup, and Goldman Sachs & Co. LLC are serving as joint lead active bookrunners for the offering. Barclays and Deutsche Bank Securities are acting as bookrunners, while Canaccord Genuity, Needham & Company, Oppenheimer & Co. and Santander are serving as co-managers.

The company filed a registration statement with the SEC which was declared effective on Thursday. The offering is being made available only through a prospectus.

Circle issues USDC and EURC stablecoins through its regulated affiliates and provides financial and technology services that allow businesses to integrate stablecoins and blockchain technology into their operations.

This information is based on a press release statement from the company.

In other recent news, Circle Internet Group has been the focus of multiple analyst ratings and a public offering announcement. Bernstein SocGen Group reiterated an Outperform rating for Circle, maintaining a price target of $230. Meanwhile, Baird adjusted its price target downward to $185, keeping a Neutral rating, and Mizuho lowered its price target to $84, maintaining an Underperform rating. These adjustments come in the wake of Circle’s recent earnings reports. Additionally, Circle announced a public offering of 10 million shares of its Class A common stock, with 2 million shares offered by the company and 8 million by selling stockholders. The company has also granted underwriters a 30-day option to purchase up to an additional 1.5 million shares. Following the announcement of the public offering, Circle’s stock experienced a decline. These developments highlight significant activity around Circle Internet Group, drawing attention from both analysts and investors.

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