{"id":74093,"date":"2026-02-26T17:16:39","date_gmt":"2026-02-26T17:16:39","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=74093"},"modified":"2026-02-26T17:16:39","modified_gmt":"2026-02-26T17:16:39","slug":"why-analysts-call-circle-the-next-tesla-and-still-see-it-doubling-from-83","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=74093","title":{"rendered":"Why Analysts Call Circle &#8216;The Next Tesla&#8217;\u2014And Still See It Doubling From $83"},"content":{"rendered":"<div>\n<p><strong>Circle Internet Group<\/strong> <a class=\"ticker-link\" data-ticker=\"CRCL\" data-exchange=\"NYSE\" href=\"https:\/\/www.benzinga.com\/quote\/CRCL\" target=\"_blank\" rel=\"noopener\">(NYSE:<\/a><a class=\"ticker\" href=\"https:\/\/www.benzinga.com\/quote\/CRCL\">CRCL<\/a>) received price target cuts to $160 and $130 from two firms that still maintain Buy ratings, as analysts argue the stablecoin issuer\u2019s growth justifies comparing it to <strong>Tesla<\/strong>.<\/p>\n<h3 class=\"wp-block-heading\"><strong>The Cuts That Don\u2019t Matter<\/strong><\/h3>\n<p>Canaccord slashed its target to $160 from $247 while Needham cut to $130 from $190.<\/p>\n<p>However, both firms raised earnings estimates. Canaccord\u2019s 2026 EBITDA forecast jumped to $618 million from $485 million.\u00a0<\/p>\n<p>The price target cuts reflect multiple compression from risk-off sentiment, not fundamental deterioration.<\/p>\n<p>CRCL is currently down 72% from its $299 post-IPO high but up from the $49.90 low. <\/p>\n<p>Canaccord\u2019s $160 target implies 93% upside while Needham\u2019s $130 target implies 57% upside.<\/p>\n<h3 class=\"wp-block-heading\">The Tesla Comparison<\/h3>\n<p>Needham calls Circle \u201cparadigm-shifting\u201d like Tesla or dominant AI companies.\u00a0\u00a0<\/p>\n<p>The reason: Circle\u2019s addressable market isn\u2019t just crypto trading\u2014it\u2019s the entire global money supply.<\/p>\n<p>Stablecoins are programmable digital dollars that compete with traditional &#8230;<\/p>\n<p><a href=\"https:\/\/www.benzinga.com\/crypto\/cryptocurrency\/26\/02\/50898346\/why-analysts-call-circle-the-next-tesla-and-still-see-it-doubling-from-83?utm_source=benzinga_taxonomy&amp;utm_medium=rss_feed_free&amp;utm_content=taxonomy_rss&amp;utm_campaign=channel\" alt=\"Why\" analysts call circle next tesla still see it doubling from>Full story available on Benzinga.com<\/a><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Circle Internet Group (NYSE:CRCL) received price target cuts to $160 and $130 from two firms that still maintain Buy ratings, as analysts argue the stablecoin issuer\u2019s growth justifies comparing it to Tesla. The Cuts That Don\u2019t Matter Canaccord slashed its target to $160 from $247 while Needham cut to $130 from $190. However, both firms [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-74093","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/74093","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=74093"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/74093\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=74093"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=74093"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=74093"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}