# Mizuho Cuts Circle Price Target to $43, Keeps Underperform Rating

By Enna Lee

Canonical URL: https://www.tokenpost.com/news/investing/41029
Published: 2026-10-26T12:30:30.000Z
Updated: 2026-10-26T12:30:30.000Z
Section: Investing

> Mizuho estimates AI assistants could steer users toward higher-yielding, insured alternatives, putting pressure on USDC’s market capitalization and Circle’s reserve income.

Mizuho Securities lowered its price target for Circle to $43 on Oct. 26 and maintained its Underperform rating, warning that AI assistants could steer users toward higher-yielding alternatives with insurance protection.

Mizuho estimated that a shift toward those alternatives could put $4 billion to $9 billion of pressure on USDC’s market capitalization and reduce Circle’s reserve income by 10% to 20%.

The firm also cut its 2027 earnings before interest, taxes, depreciation and amortization (EBITDA) forecast for Circle by about 5%.