Mizuho Securities cut its Circle Internet Group (CRCL) target price from $45 to $43 and maintained an Underperform rating, according to BlockBeats. The bank warned that wider use of AI agents could pressure USDC market capitalization by $4 billion to $9 billion and create 10% to 20% medium-term downside risk for Circle reserve income.
Analyst estimates point to lower 2027 figures
BIT data cited by BlockBeats showed Circle shares closing down 7% at $79.84 in Monday trading. Mizuho also lowered its 2027 forecasts for average USDC circulation to $101 billion, reserve income to $4.1 billion and adjusted EBITDA to $603 million. These are analyst scenarios and estimates, not confirmed outcomes.
Read the English BlockBeats flash (original Chinese: BlockBeats flash).