Bernstein: Maintains Circle's "Outperform the Market" rating, target price $190

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Deep Tide TechFlow News, March 10th, reports that Circle (CRCL) stock price surged 9.74% on Monday, closing at $111.84, reaching a recent high. Bernstein analysts immediately released a report maintaining a “buy” rating and a target price of $190, indicating approximately 70% upside potential from the current price.

The analysts pointed out that stablecoins are accelerating in adoption, covering scenarios such as individual users, enterprises, and AI agents, and have decoupled from the overall crypto market trend. Data shows that by 2025, the total transaction volume of stablecoins will reach $55 trillion, a 98% year-over-year increase; payment activity volume is about $375 billion, with consumer-to-business payments growing by as much as 131%.

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