Bernstein Dey See $230 CRCL Up, JPMorgan Dey Warn Say $80 Fit Drop
Circle Internet Group (CRCL), wey be issuer of USD Coin (USDC), start for Nasdaq with $31, dem price waka come reach pass $260 before e settle around $180. Bernstein begin to cover am with outperform rating and $230 target, e dey forecast say stablecoin market go reach $4 trillion by 2034, USDC market share go increase to 30%, plus revenue and EBITDA CAGR of 47% and 71% through 2027. But JPMorgan put underweight rating for CRCL with $80 price target for end-2026. Their valuation model dey use 45× multiple on 2027 EPS plus $10 premium. JPMorgan dey warn about liquidity fragmentation from USDT and tokenized deposits, strict regulation, and CBDC rollout. The different forecasts show say people no sure about USDC growth, competition, and regulation risks. Traders suppose dey watch USDC market share, regulation tins, and stablecoin competition when dem dey check CRCL’s future.
Neutral
Bernstein waya bullish projection and JPMorgan dey warn bearish, dem create kain balance pressure for CRCL share price. Bernstein $230 target dey show say dem expect strong growth for USDC, but JPMorgan $80 target dey show wahala from valuation and regulatory issues. The two opposite views balance each other, mean near-term price no go too move. Traders suppose dey watch USDC market share and regulation to sabi clear direction.