Canaccord Genuity Group Issues Pessimistic Forecast for eToro Group (NASDAQ:ETOR) Stock Price

eToro Group (NASDAQ:ETOR) had its price objective reduced by stock analysts at Canaccord Genuity Group from $47.00 to $40.00 in a research report issued on Wednesday, Benzinga reports. The firm presently has a “buy” rating on the stock. Canaccord Genuity Group‘s target price would suggest a potential upside of 85.53% from the stock’s previous close.

Several other brokerages also recently issued reports on ETOR. Bank of America reissued a “neutral” rating on shares of eToro Group in a research note on Monday, October 5th. Citizens Jmp dropped their price target on eToro Group from $90.00 to $75.00 and set a “market outperform” rating for the company in a research note on Friday, October 9th. UBS Group cut their price objective on shares of eToro Group from $50.00 to $35.00 and set a “neutral” rating for the company in a report on Wednesday, August 12th. Needham & Company LLC reduced their price objective on shares of eToro Group from $55.00 to $54.00 and set a “buy” rating on the stock in a research report on Wednesday, October 21st. Finally, Weiss Ratings downgraded shares of eToro Group from a “hold (c-)” rating to a “sell (d+)” rating in a report on Tuesday, August 25th. Nine investment analysts have rated the stock with a Buy rating, four have given a Hold rating and two have issued a Sell rating to the company. Based on data from MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus target price of $43.92.

eToro Group Trading Down 7.5%

Shares of ETOR stock opened at $21.56 on Wednesday. eToro Group has a 52-week low of $21.30 and a 52-week high of $44.21. The company has a debt-to-equity ratio of 0.02, a quick ratio of 4.02 and a current ratio of 4.02. The firm has a market capitalization of $1.79 billion, a PE ratio of 8.11, a PEG ratio of 0.72 and a beta of 1.84. The stock has a fifty day simple moving average of $26.17 and a two-hundred day simple moving average of $32.40.

eToro Group (NASDAQ:ETOR) last announced its quarterly earnings data on Tuesday, November 10th. The company reported $0.26 EPS for the quarter, missing the consensus estimate of $0.27 by ($0.01). The business had revenue of $1.49 billion during the quarter. eToro Group had a net margin of 2.17% and a return on equity of 20.26%. During the same quarter last year, the firm earned $0.53 EPS. On average, analysts predict that eToro Group will post 2.28 EPS for the current fiscal year.

Insider Activity

In other news, Director Shalev Eddy sold 100,000 shares of eToro Group stock in a transaction dated Friday, August 28th. The stock was sold at an average price of $31.20, for a total value of $3,120,000.00. Following the sale, the director directly owned 196,779 shares of the company’s stock, valued at approximately $6,139,504.80. The trade was a 33.70% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink.

Institutional Trading of eToro Group

A number of large investors have recently added to or reduced their stakes in ETOR. Harel Insurance Investments & Financial Services Ltd. raised its holdings 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 boosted its position in shares of eToro Group by 2.9% during 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 during the last quarter. Arrowstreet Capital Limited Partnership grew its holdings in shares of eToro Group by 12.2% in the first quarter. Arrowstreet Capital Limited Partnership now owns 1,017,374 shares of the company’s stock valued at $30,552,000 after purchasing an additional 110,998 shares in the last quarter. Tidal Investments LLC grew its holdings in shares of eToro Group by 1.9% in the second quarter. Tidal Investments LLC now owns 666,388 shares of the company’s stock valued at $26,302,000 after purchasing an additional 12,441 shares in the last quarter. Finally, Wellington Management Group LLP bought a new stake in eToro Group in the second quarter worth $22,134,000.

eToro Group News Summary

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.