Cathie Wood's Circle Stock Bet: Could it Surge 160% in 2 Years?

Circle Internet Group, the company behind the world's second-largest stablecoin USDC, has seen its stock price plummet by 66% since its peak in June 2025.

Despite this decline, Cathie Wood's ARK funds have been buying Circle shares, with a current holding of 4.51 million shares worth around $408 million.

The company's stablecoin, USDC, is a digital dollar backed by cash and short-term Treasuries, making it less of a crypto gamble and more of a plumbing company for digital money.

Analysts forecast revenue to rise from $2.75 billion in 2025 to $7.51 billion in 2029, with adjusted earnings per share expected to expand from $2.35 to $7.95.

If CRCL stock is priced at 30x forward earnings, it could surge roughly 160% within the next 40 months, according to data from Tikr.com.