Riding the Crest: New 52-Week Highs with Afterhours Potential

June 20, 2025

DENVER, Colo., Jun 20, 2025 (247marketnews.com)- As the closing bell rings in about 30minutes, a select group of stocks, including Circle (NYSE:CRCL), Venu (NYSE:VENU), Robinhood (NASDAQ:HOOD), AST SpaceMobile (NASDAQ:ASTS), Credo (NASDAQ:CRDO), and Circle Internet Group, Venu Holding Corporation, SRM Entertainment, Robinhood Markets, CoreWeave, Cisco Systems, Microsoft, TMC the metals company, AST SpaceMobile, and Couchbase, are on afterhours watch, after hitting new 52-week highs, reflecting robust sector tailwinds, innovative business models, and investor confidence.

Circle (NYSE:CRCL), issuer of USDC, hit a 52-week high of $248.88 post-IPO (June 5). Its price is bolstered by bullish analyst upgrades and a crypto-friendly U.S. administration and pending stablecoin legislation, fueled a massive surge since debut. CEO Jeremy Allaire’s NYSE presence and a Binance partnership (June 12) underscore USDC’s adoption.

Venu (NYSE:VENU) set a new 52-week high of $14.00, driven by a $10.25 million institutional investment at a $15 premium (June 10) and a $1.2 billion construction pipeline set to expand to $3 billion over 3–4 years. CEO J.W. Roth’s Schwab Network interview highlighted Venu’s innovative financing—35–45% from public-private partnerships, 35–45% from Luxe FireSuite fractional ownership, and the rest via sale-leasebacks—enabling projects like the $350 million Sunset Amphitheater in McKinney, TX. With $250 million in 2025 FireSuite sales targeted and partnerships with Aramark and Billboard, Venu is capitalizing on the $79.7 billion live entertainment market’s 16.1% CAGR. Analysts Buy/Outperform ratings reflect optimism, but rapid expansion risks operational hiccups. Venu’s low-debt model mitigates concerns, making it a compelling growth play.

SRM Entertainment (NASDAQ:SRM) gapped up over 100% this week on news of a major agreement.

Robinhood (NASDAQ:HOOD) continues to hit new 52-week highs, driven by retail trading records and crypto rally speculation. Its inclusion in S&P 500 discussions and a $221 billion asset base fuel momentum. Regulatory scrutiny over sports betting features and a high beta (3.14) add volatility, but HOOD’s 25.8 million funded customers and diversified offerings (crypto wallets, wealth management) support growth.

CoreWeave (NASDAQ:CRWV) hit new all‑time highs after Jefferies raised CoreWeave’s price target from $80 to $180 on June 17, maintaining a Buy rating, citing its AI cloud computing dominance. CoreWeave’s $19 billion valuation and Nvidia GPU partnerships fuel growth

Cisco (NASDAQ:CSCO) set a new 52-week high, driven by AI networking solutions and a June 17 analyst upgrade from Bernstein raised the target to $60, citing enterprise demand.

Microsoft (NASDAQ:MSFT) Morgan Stanley raised targets to $500 (June 19), citing AI leadership.

TMC the Metals Company (NASDAQ:TMC) announced a deep-sea mining partnership with SGS to extract rare earth metals, boosting sentiment amid commodity price surges (gold at $3,360/oz).

AST SpaceMobile (NASDAQ:ASTS) set another 52-week high, fueled by satellite internet demand and a potential Amazon partnership. B. Riley raised its price target to $44 (June 16), and Scotiabank speculated on Jeff Bezos’ involvement (June 4).

Couchbase (Nasdaq: BASE) Goldman Sachs raised its target to $35 (June 13).

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