Why Circle stock has gone parabolic in May
Key takeaways
- Why Circle stock has gone parabolic in May Brian Sozzi · Executive Editor Tue, May 12, 2026 at 8:14 PM GMT+7 2 min read CRCL APO USDC-USD Circle (CRCL) stock is on a red-hot run into the summer months.
- The stablecoin issuer’s stock is up 38% to $135 in May, helped by a 16% pop on Monday following mixed earnings.
- “As we head towards potential rate cuts, any incremental fee income helps Circle offset the short term impact, while raw USDC supply growth offsets any rate impact in the medium to long term.
Why Circle stock has gone parabolic in May Brian Sozzi · Executive Editor Tue, May 12, 2026 at 8:14 PM GMT+7 2 min read CRCL APO USDC-USD Circle (CRCL) stock is on a red-hot run into the summer months.
The stablecoin issuer’s stock is up 38% to $135 in May, helped by a 16% pop on Monday following mixed earnings. The stock also got a jolt yesterday from a surprise $222 million token presale of ARC to investors led by Black Rock, a16z, Apollo, and others. (Disclosure: Yahoo is a portfolio company of funds managed by affiliates of Apollo Global Management.)
“This is incremental revenue not in estimates, with potentially another sale round to follow (current round was presale) and other ancillary blockchain revenue opportunities,” Bernstein analyst Gautum Chhugani said in a note on Tuesday.