The Goldman Sachs Group Cuts eToro Group (NASDAQ:ETOR) Price Target to $36.00

eToro Group (NASDAQ:ETOR) had its price target cut by The Goldman Sachs Group from $42.00 to $36.00 in a research note issued to investors on Wednesday,Benzinga reports. The brokerage presently has a “neutral” rating on the stock. The Goldman Sachs Group’s target price would suggest a potential upside of 28.07% from the company’s current price.

A number of other research firms have also weighed in on ETOR. UBS Group dropped their target price on eToro Group from $50.00 to $35.00 and set a “neutral” rating on the stock in a report on Wednesday. Needham & Company LLC lowered their price target on eToro Group from $66.00 to $53.00 and set a “buy” rating for the company in a research report on Wednesday. Mizuho dropped their price objective on eToro Group from $60.00 to $52.00 and set an “outperform” rating on the stock in a research note on Wednesday. TD Cowen lifted their price objective on shares of eToro Group from $44.00 to $52.00 and gave the stock a “buy” rating in a report on Thursday, May 14th. Finally, Susquehanna upped their target price on shares of eToro Group from $55.00 to $57.00 and gave the stock a “positive” rating in a research note on Wednesday, May 13th. Ten research analysts have rated the stock with a Buy rating and six have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average price target of $52.80.

eToro Group Stock Down 4.2%

Shares of NASDAQ:ETOR traded down $1.22 during midday trading on Wednesday, hitting $28.11. 2,208,820 shares of the company’s stock were exchanged, compared to its average volume of 1,169,582. The company has a debt-to-equity ratio of 0.02, a current ratio of 3.92 and a quick ratio of 3.92. eToro Group has a 12 month low of $24.74 and a 12 month high of $51.88. The company has a market cap of $2.33 billion, a PE ratio of 11.76, a price-to-earnings-growth ratio of 0.74 and a beta of 1.68. The stock has a 50 day moving average price of $37.98 and a 200-day moving average price of $34.95.

eToro Group (NASDAQ:ETOR) last announced its quarterly earnings results on Tuesday, August 11th. The company reported $0.68 earnings per share for the quarter, beating the consensus estimate of $0.61 by $0.07. The business had revenue of $1.59 billion for the quarter. eToro Group had a net margin of 1.90% and a return on equity of 19.79%. eToro Group’s revenue was down 23.9% compared to the same quarter last year. During the same period in the previous year, the business posted $0.56 EPS. On average, sell-side analysts anticipate that eToro Group will post 2.81 EPS for the current fiscal year.

Insider Buying and Selling

In related news, CEO Hedva Ber sold 55,160 shares of eToro Group 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 sale, the chief executive officer directly owned 20,660 shares in the company, valued at approximately $865,654. This trade represents a 72.75% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Shalev Eddy sold 100,000 shares of eToro Group stock in a transaction on Thursday, May 14th. The stock was sold at an average price of $41.26, for a total value of $4,126,000.00. Following the sale, the director owned 296,779 shares in the company, valued at $12,245,101.54. This trade represents a 25.20% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure.

Institutional Investors Weigh In On eToro Group

Large investors have recently made changes to their positions in the business. Caitong International Asset Management Co. Ltd bought a new stake in shares of eToro Group during the 4th quarter worth $25,000. EverSource Wealth Advisors LLC grew its position in eToro Group by 365.3% during the first quarter. EverSource Wealth Advisors LLC now owns 926 shares of the company’s stock valued at $28,000 after buying an additional 727 shares during the period. State of Wyoming increased its holdings in eToro Group by 180.0% during the first quarter. State of Wyoming now owns 1,932 shares of the company’s stock worth $58,000 after buying an additional 1,242 shares during the last quarter. Newbridge Financial Services Group Inc. increased its holdings in eToro Group by 45.1% during the third quarter. Newbridge Financial Services Group Inc. now owns 1,785 shares of the company’s stock worth $74,000 after buying an additional 555 shares during the last quarter. Finally, Public Employees Retirement System of Ohio bought a new stake in eToro Group in the third quarter worth about $124,000.

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.