Coinbase, Circle shares positioned for crypto recovery as estimates stabilize: William Blair
60-second summary
Coinbase shares climb 31% as William Blair labels the stock an attractive entry, while trimming its EBITDA forecast, and Circle’s USDC issuance fuels expectations of a new growth phase; the analyst’s stabilized estimates suggest renewed confidence in the sector, implying that both firms could anchor broader crypto‑market recovery and attract further institutional capital.
Blair says COIN offers an attractive entry after a 31% rise, trims its EBITDA estimate and sees USDC growth driving Circle's next leg.