10:58 AM EDT, 06/30/2025 (MT Newswires) -- Circle Internet Group ( CRCL ) investors are advised to "wait for better opportunities" amid prospects for volatility in earnings revisions and a cloudy outlook for the pace and scale of the use of stablecoins, Deutsche Bank said Monday in a note.
"While we see potential for strong long-term industry adoption of stablecoins, the range of outcomes" is wide, Deutsche Bank said. For Circle Internet ( CRCL ), "we see the shares as being fairly valued, albeit within a wide range, but we would wait," the note said.
The company is "well positioned to benefit from future adoption potential across a wide variety of use cases," including crypto trading along with broader consumer and business payments, Deutsche Bank said.
"Investor views may diverge dramatically," partly due to differing views on market share and monetization of transactions and fee-based products and services, the note said.
Deutsche Bank initiated coverage of Circle Internet ( CRCL ) stock with a rating of hold and a price target of $155.
Circle Internet ( CRCL ) shares rose 4% in recent Monday trading.
Price: 187.55, Change: +7.13, Percent Change: +3.95