eToro Group (NASDAQ:ETOR) Stock Price Target Lowered at Needham & Company LLC

Key Points

• Needham cut its price target on eToro from $54 to $45 but maintained a Buy rating; the new target implies 108.72% upside from the previous close.
• Analyst views are mixed: MarketBeat reports a consensus Hold rating and an average price target of $43.92, with nine Buy, four Hold, and two Sell ratings.
• eToro’s quarterly EPS of $0.26 missed the $0.27 estimate and fell from $0.53 a year earlier. Funded accounts grew 18% year over year to 4.39 million, and management announced a $250 million share repurchase program.

eToro Group (NASDAQ:ETOR - Get Free Report) had its price objective cut by analysts at Needham & Company LLC from $54.00 to $45.00 in a research report issued to clients and investors on Wednesday, Benzinga reports. The firm presently has a "buy" rating on the stock. Needham & Company LLC's target price points to a potential upside of 108.72% from the company's previous close.

ETOR has been the topic of several other reports. Citizens Jmp lowered their price target on shares of eToro Group from $90.00 to $75.00 and set a "market outperform" rating on the stock in a report on Friday, October 9th. Canaccord Genuity Group cut their price objective on eToro Group from $47.00 to $40.00 and set a "buy" rating for the company in a report on Wednesday. Bank of America reissued a "neutral" rating on shares of eToro Group in a research report on Monday, October 5th. Cantor Fitzgerald lowered their target price on eToro Group from $53.00 to $48.00 and set an "overweight" rating on the stock in a research note on Tuesday, October 27th. Finally, Zacks Research lowered eToro Group from a "hold" rating to a "strong sell" rating in a research report on Monday, October 26th. Nine research analysts have rated the stock with a Buy rating, four have issued a Hold rating and two have assigned a Sell rating to the company's stock. According to data from MarketBeat.com, eToro Group currently has a consensus rating of "Hold" and an average target price of $43.92.

eToro Group Price Performance

NASDAQ ETOR opened at $21.56 on Wednesday. The company has a debt-to-equity ratio of 0.02, a current ratio of 4.02 and a quick ratio of 4.02. The firm has a market capitalization of $1.79 billion, a price-to-earnings ratio of 8.04, a price-to-earnings-growth ratio of 0.72 and a beta of 1.84. The company has a 50 day simple moving average of $26.17 and a 200-day simple moving average of $32.40. eToro Group has a 52-week low of $21.30 and a 52-week high of $44.21.

eToro Group (NASDAQ:ETOR - Get Free Report) last released its quarterly earnings data on Tuesday, November 10th. The company reported $0.26 earnings per share for the quarter, missing the consensus estimate of $0.27 by ($0.01). eToro Group had a net margin of 2.17% and a return on equity of 20.26%. The company had revenue of $1.49 billion during the quarter. During the same quarter in the previous year, the company posted $0.53 EPS. Equities research analysts predict that eToro Group will post 2.28 earnings per share for the current fiscal year.

Insider Buying and Selling at eToro Group

In other news, Director Shalev Eddy sold 100,000 shares of the firm's stock in a transaction on Friday, August 28th. The shares were sold at an average price of $31.20, for a total transaction of $3,120,000.00. Following the transaction, the director owned 196,779 shares in the company, valued at approximately $6,139,504.80. This trade represents a 33.70% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link.

Hedge Funds Weigh In On eToro Group

Institutional investors have recently bought and sold shares of the stock. Harel Insurance Investments & Financial Services Ltd. boosted its stake in shares of eToro Group by 61.9% during the 1st quarter. Harel Insurance Investments & Financial Services Ltd. now owns 1,988,552 shares of the company's stock worth $59,716,000 after acquiring an additional 760,654 shares in the last quarter. Ibex Investors LLC raised its stake in shares of eToro Group by 2.9% in the 3rd quarter. Ibex Investors LLC now owns 1,050,000 shares of the company's stock valued at $26,985,000 after acquiring an additional 30,000 shares in the last quarter. Arrowstreet Capital Limited Partnership lifted its holdings in eToro Group by 12.2% in the 1st quarter. Arrowstreet Capital Limited Partnership now owns 1,017,374 shares of the company's stock worth $30,552,000 after purchasing an additional 110,998 shares during the last quarter. Tidal Investments LLC lifted its holdings in eToro Group by 1.9% in the 2nd quarter. Tidal Investments LLC now owns 666,388 shares of the company's stock worth $26,302,000 after purchasing an additional 12,441 shares during the last quarter. Finally, Wellington Management Group LLP bought a new stake in eToro Group during the second quarter worth approximately $22,134,000.

More eToro Group News

Here are the key news stories impacting eToro Group this week:

• Positive Sentiment: Funded accounts increased 18% year over year to 4.39 million, indicating continued growth in the platform’s user base. Management also announced a $250 million share repurchase program, which could support demand for shares. eToro Q3 2026 results
• Negative Sentiment: Third-quarter EPS was $0.26, below analyst expectations, while revenue was $1.49 billion. EPS fell from $0.53 in the year-earlier quarter, and reports attributed the disappointing results in part to weakness in crypto markets; one report said adjusted net income declined 60%. The earnings miss and profit decline are likely weighing on sentiment. eToro Q3 earnings and crypto slump

eToro Group Company Profile

eToro Group operates an online investing and trading platform that combines access to financial markets with social investing features. Depending on a user's location, the platform offers instruments such as stocks, exchange-traded funds and cryptoassets, as well as other trading products. The company's features include tools for researching and discussing investments and CopyTrader, which lets users view and automatically mirror the portfolios of other investors. Product availability varies by jurisdiction and is subject to local regulations.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.