Earnings Beat Estimates. Circle Shares Surge 35% to Top $80, Hitting One-Month High

TradingKey - Shares of Circle, the first listed stablecoin stock, surged 35% to hit a one-month high.

On Wednesday Eastern Time, Circle, the first listed stablecoin stock ( CRCL) released stellar earnings that fueled a 35% single-day surge to $83, marking its highest level since January 26.

Circle stock price chart, source: TradingView

According to financial data, Circle's Q4 2025 revenue was $770 million, exceeding market expectations of $747 million; adjusted EBITDA reached $167 million, far surpassing the consensus estimate of $130 million.

On June 5, 2025, Circle went public at $31 per share, after which its stock price skyrocketed to a peak near $300. Subsequently, Circle's shares underwent a sustained correction, falling as low as approximately $50, representing a maximum drawdown of 83%.

Over the past quarter, Bitcoin prices fell from a peak of $126,000 to below $100,000, further sliding to $60,000 in early February. Despite the sluggish crypto market, Circle's revenue and profit beat expectations, boosting investor confidence. However, the crypto market downturn persists, and Circle's stock price is likely to retreat again after this brief rally.