Circle will release its Q1 earnings report before the U.S. stock market opens tomorrow.

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Mars Finance News, on May 10th, according to an official announcement, the US dollar stablecoin USDC issuer Circle will release its Q1 financial report before the U.S. stock market opens on May 11th, and will hold a earnings call at 8:00 PM Beijing time on May 11th to discuss financial results and business progress. Market expectations are for Q1 revenue of approximately $715 million, a decrease of about 7% compared to Q4 2024’s $770 million, but still an 11% increase year-over-year; GAAP earnings per share are expected to be $0.18, and adjusted earnings per share are expected to be $0.27. Analysts’ average target price is $144.36, with Oppenheimer maintaining a buy rating and a target price of $152, and Needham maintaining a buy but lowering the target price from $190 to $130. According to market data, Circle’s market capitalization is currently reported at $28.1 billion, with a stock price of $113.67.

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