Circle’s rapid valuation climb can be linked to the staggering success of its initial public offering, which has propelled its stock to a peak of approximately $280 per share at the time of writing from an initial price of $31.
According to him, Circle’s valuation is over 24.2 times its Q1 2025 revenue run rate, 60.7 times its gross profit run rate, and 216 times its net income run rate.
