eToro Group (NASDAQ:ETOR) Given New $36.00 Price Target at The Goldman Sachs Group

eToro Group (NASDAQ:ETOR) had its price objective decreased by equities research analysts at The Goldman Sachs Group from $42.00 to $36.00 in a research report issued on Wednesday,Benzinga reports. The brokerage currently has a “neutral” rating on the stock. The Goldman Sachs Group’s price objective would indicate a potential upside of 28.07% from the stock’s previous close.

Several other research firms have also issued reports on ETOR. Cantor Fitzgerald lowered their price target on shares of eToro Group from $61.00 to $53.00 and set an “overweight” rating for the company in a report on Wednesday. UBS Group reduced their price objective on shares of eToro Group from $50.00 to $35.00 and set a “neutral” rating on the stock in a research note on Wednesday. Needham & Company LLC decreased their price objective on shares of eToro Group from $66.00 to $53.00 and set a “buy” rating for the company in a research report on Wednesday. Canaccord Genuity Group restated a “buy” rating and issued a $65.00 target price on shares of eToro Group in a report on Tuesday, June 9th. Finally, Wall Street Zen raised shares of eToro Group from a “hold” rating to a “buy” rating in a research report on Sunday, July 12th. Ten investment analysts have rated the stock with a Buy rating and six have given a Hold rating to the company’s stock. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average price target of $52.80.

eToro Group Trading Down 4.2%

Shares of NASDAQ ETOR traded down $1.22 during trading on Wednesday, reaching $28.11. The company had a trading volume of 2,208,820 shares, compared to its average volume of 1,169,582. The stock has a market cap of $2.33 billion, a P/E ratio of 11.76, a PEG ratio of 0.74 and a beta of 1.68. The company’s fifty day moving average price is $37.98 and its 200-day moving average price is $34.95. The company has a quick ratio of 3.92, a current ratio of 3.92 and a debt-to-equity ratio of 0.02. eToro Group has a 12 month low of $24.74 and a 12 month high of $51.88.

eToro Group (NASDAQ:ETOR) last issued its quarterly earnings data on Tuesday, August 11th. The company reported $0.68 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.61 by $0.07. eToro Group had a return on equity of 19.79% and a net margin of 1.90%.The company had revenue of $1.59 billion during the quarter. During the same quarter last year, the business earned $0.56 earnings per share. eToro Group’s revenue was down 23.9% compared to the same quarter last year. As a group, research analysts expect that eToro Group will post 2.81 earnings per share for the current year.

Insider Buying and Selling at eToro Group

In related news, Director Shalev Eddy sold 100,000 shares of the stock in a transaction on Thursday, May 14th. The shares were sold at an average price of $41.26, for a total transaction of $4,126,000.00. Following the transaction, the director directly owned 296,779 shares of the company’s stock, valued at $12,245,101.54. This represents a 25.20% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CEO Hedva Ber sold 55,160 shares of the firm’s stock in a transaction on Monday, June 1st. The stock was sold at an average price of $41.90, for a total transaction of $2,311,204.00. Following the completion of the sale, the chief executive officer owned 20,660 shares of the company’s stock, valued at $865,654. The trade was a 72.75% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Institutional Trading of eToro Group

Several large investors have recently made changes to their positions in the company. Harel Insurance Investments & Financial Services Ltd. raised its stake in 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 buying an additional 760,654 shares during the period. T. Rowe Price Investment Management Inc. increased its holdings in shares of eToro Group by 67.4% during the fourth quarter. T. Rowe Price Investment Management Inc. now owns 1,695,702 shares of the company’s stock valued at $59,571,000 after acquiring an additional 683,008 shares in the last quarter. Adage Capital Partners GP L.L.C. increased its holdings in shares of eToro Group by 47.9% during the fourth quarter. Adage Capital Partners GP L.L.C. now owns 1,240,339 shares of the company’s stock valued at $43,573,000 after acquiring an additional 401,697 shares in the last quarter. Arrowstreet Capital Limited Partnership raised its position in shares of eToro Group by 12.2% during the first 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 period. Finally, Invesco Ltd. raised its position in shares of eToro Group by 14,120.4% during the fourth quarter. Invesco Ltd. now owns 974,243 shares of the company’s stock worth $34,225,000 after purchasing an additional 967,392 shares during the period.

Key Stories Impacting eToro Group

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

• Positive Sentiment: eToro reported second-quarter adjusted EPS of $0.68, exceeding the $0.61 consensus estimate and the $0.56 reported a year earlier. The results indicate solid profitability, although revenue declined year over year. Reuters earnings and TradeZero article
• Positive Sentiment: The planned purchase of TradeZero for up to $231 million is intended to accelerate eToro’s U.S. expansion and broaden its brokerage offering. Management also highlighted record assets under administration and potential growth from digital assets and AI-enabled trading. eToro TradeZero acquisition article
• Positive Sentiment: Despite reducing their estimates, Needham, Cantor Fitzgerald and Mizuho retained bullish ratings—buy, overweight and outperform, respectively—with price targets of $53, $53 and $52. These targets imply substantial potential upside from recent trading levels. Cantor Fitzgerald price-target article
• Neutral Sentiment: UBS lowered its price target from $50 to $35 and assigned a neutral rating, while Keefe, Bruyette & Woods cut its target from $45 to $35 and moved to market perform. The revisions suggest analysts see valuation and execution risks, even though both targets remain above the current share price. Benzinga analyst ratings coverage
• Negative Sentiment: Investors reacted negatively to the TradeZero announcement because the cash-and-stock transaction adds integration and execution risk and could pressure near-term returns. Analysts at Cantor Fitzgerald specifically cited lower EBITDA estimates when cutting their target. Blockonomi TradeZero market reaction article

eToro Group Company Profile

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.