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eToro Group Ltd. (NASDAQ:ETOR) Receives Consensus Rating of "Moderate Buy" from Analysts

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Key Points

  • Analysts rate eToro a "Moderate Buy" — 17 firms cover the stock (10 Buy, 7 Hold) with an average 12‑month price target of $57.94, although several analysts have recently trimmed targets.
  • eToro beat the quarter with $0.71 EPS vs. $0.60 expected and reported $3.87 billion in revenue, alongside a net margin of 1.56% and ROE of 21.35%.
  • Shares trade around $29.88 (market cap ≈ $2.45B, PE 13.46) with a 12‑month range of $24.74–$79.96, and institutional investors including Norges Bank, American Century and ARK have recently added or increased positions.
  • Five stocks to consider instead of eToro Group.

Shares of eToro Group Ltd. (NASDAQ:ETOR - Get Free Report) have received an average rating of "Moderate Buy" from the seventeen research firms that are presently covering the stock, Marketbeat.com reports. Seven research analysts have rated the stock with a hold rating and ten have issued a buy rating on the company. The average 12-month price objective among analysts that have issued a report on the stock in the last year is $57.9375.

A number of analysts have issued reports on ETOR shares. Needham & Company LLC reaffirmed a "buy" rating and set a $58.00 price target on shares of eToro Group in a report on Wednesday, February 18th. Zacks Research downgraded eToro Group from a "strong-buy" rating to a "hold" rating in a report on Monday, January 12th. TD Cowen decreased their target price on eToro Group from $54.00 to $50.00 and set a "buy" rating for the company in a research note on Wednesday, January 14th. Bank of America reaffirmed a "neutral" rating on shares of eToro Group in a report on Wednesday, February 18th. Finally, Canaccord Genuity Group dropped their price target on shares of eToro Group from $78.00 to $65.00 and set a "buy" rating on the stock in a research note on Wednesday, February 18th.

Read Our Latest Stock Report on ETOR

eToro Group Stock Performance

Shares of NASDAQ ETOR opened at $29.88 on Friday. The company has a current ratio of 4.89, a quick ratio of 4.89 and a debt-to-equity ratio of 0.03. The stock has a market capitalization of $2.45 billion and a PE ratio of 13.46. eToro Group has a twelve month low of $24.74 and a twelve month high of $79.96. The stock has a fifty day simple moving average of $29.93 and a 200-day simple moving average of $35.15.

eToro Group (NASDAQ:ETOR - Get Free Report) last announced its earnings results on Wednesday, February 18th. The company reported $0.71 earnings per share for the quarter, topping the consensus estimate of $0.60 by $0.11. The firm had revenue of $3.87 billion for the quarter. eToro Group had a net margin of 1.56% and a return on equity of 21.35%.

Institutional Inflows and Outflows

A number of hedge funds have recently modified their holdings of ETOR. American Century Companies Inc. purchased a new position in shares of eToro Group during the second quarter worth about $6,665,000. Federated Hermes Inc. purchased a new stake in shares of eToro Group in the 2nd quarter valued at about $11,320,000. Norges Bank purchased a new stake in shares of eToro Group in the 2nd quarter valued at about $16,315,000. ARK Investment Management LLC boosted its position in shares of eToro Group by 56.1% in the 3rd quarter. ARK Investment Management LLC now owns 387,164 shares of the company's stock valued at $15,978,000 after purchasing an additional 139,132 shares during the period. Finally, Farther Finance Advisors LLC purchased a new position in eToro Group during the 3rd quarter worth approximately $1,996,000.

eToro Group Company Profile

(Get Free Report)

eToro Group Ltd. NASDAQ: ETOR is a global multi-asset brokerage company known for its social trading platform. The company enables individual and institutional investors to trade and invest in a broad range of financial instruments, including stocks, exchange-traded funds (ETFs), commodities, indices, forex, and cryptocurrencies. eToro’s platform integrates a user-friendly interface with advanced trading tools, catering to both novice and experienced market participants.

A distinguishing feature of eToro’s offering is its CopyTrader™ functionality, which allows users to replicate the trades of selected investors on the platform.

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Analyst Recommendations for eToro Group (NASDAQ:ETOR)

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.

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