Circle Internet Group (ET9) Stock Overview

Operates as a platform, network, and market infrastructure for stablecoin and blockchain applications. More details

ET9 fundamental analysis
Snowflake Score
Valuation	0/6
Future Growth	6/6
Past Performance	2/6
Financial Health	6/6
Dividends	0/6

Rewards

Earnings are forecast to grow 60.66% per year

Risk Analysis

Highly volatile share price over the past 3 months compared to the German market

Profit margins (1%) are lower than last year (2.8%)

Significant insider selling over the past 3 months

ET9 Community Fair Values

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Circle Internet Group, Inc. Competitors

Price History & Performance

Summary of share price highs, lows and changes for Circle Internet Group
Historical stock prices
Current Share Price	US$130.50
52 Week High	US$252.00
52 Week Low	US$68.83
Beta	0
1 Month Change	-23.91%
3 Month Change	n/a
1 Year Change	n/a
3 Year Change	n/a
5 Year Change	n/a
Change since IPO	77.33%

Recent updates

Shareholder Returns

	ET9	DE Software	DE Market
7D	-13.9%	-1.5%	-1.2%
1Y	n/a	32.4%	22.4%

Return vs Industry: Insufficient data to determine how ET9 performed against the German Software industry.

Return vs Market: Insufficient data to determine how ET9 performed against the German Market.

Price Volatility

Is ET9's price volatile compared to industry and market?
ET9 volatility
ET9 Average Weekly Movement	28.0%
Software Industry Average Movement	6.4%
Market Average Movement	5.2%
10% most volatile stocks in DE Market	12.7%
10% least volatile stocks in DE Market	2.7%

Stable Share Price: ET9's share price has been volatile over the past 3 months compared to the German market.

Volatility Over Time: Insufficient data to determine ET9's volatility change over the past year.

About the Company

Founded	Employees	CEO	Website
2013	900	Jeremy Allaire	www.circle.com

Circle Internet Group, Inc. operates as a platform, network, and market infrastructure for stablecoin and blockchain applications. The company provides a suite of stablecoins and related products that include a network utility and application platform for organizations to benefit from stablecoins and the internet financial system; and issues a U.S. dollar-denominated stablecoin. Its stablecoins network comprises circle stablecoins, tokenized funds, liquidity, payments, and developer services, as well as integration services.

Circle Internet Group, Inc. Fundamentals Summary

How do Circle Internet Group's earnings and revenue compare to its market cap?
ET9 fundamental statistics
Market cap	€31.59b
Earnings (TTM)	€16.68m
Revenue (TTM)	€1.62b

1,791x

P/E Ratio

18.4x

P/S Ratio

Is ET9 overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
ET9 income statement (TTM)
Revenue	US$1.89b
Cost of Revenue	US$1.44b
Gross Profit	US$453.58m
Other Expenses	US$434.14m
Earnings	US$19.43m

Last Reported Earnings

Mar 31, 2025

Next Earnings Date

Aug 12, 2025

Earnings per share (EPS)	0.085
Gross Margin	24.00%
Net Profit Margin	1.03%
Debt/Equity Ratio	2.0%

How did ET9 perform over the long term?

See historical performance and comparison

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2025/08/08 01:24
End of Day Share Price	2025/08/06 00:00
Earnings	2025/03/31
Annual Earnings	2024/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Circle Internet Group, Inc. is covered by 14 analysts. 12 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

Analyst	Institution
David Koning	Baird
Ramsey El-Assal	Barclays
Joseph Vafi	Canaccord Genuity

Circle Internet Group, Inc.MUN:ET9 Stock Report