Needham & Company LLC Has Lowered Expectations for eToro Group (NASDAQ:ETOR) Stock Price

eToro Group (NASDAQ:ETOR) had its price target lowered by equities researchers at Needham & Company LLC from $54.00 to $45.00 in a research report issued on Wednesday, Benzinga reports. The firm currently has a “buy” rating on the stock. Needham & Company LLC‘s target price suggests a potential upside of 108.72% from the stock’s previous close.

Other analysts also recently issued research reports about the company. Zacks Research downgraded eToro Group from a “hold” rating to a “strong sell” rating in a research note on Monday, October 26th. Weiss Ratings downgraded eToro Group from a “hold (c-)” rating to a “sell (d+)” rating in a research report on Tuesday, August 25th. Cantor Fitzgerald cut their price target on eToro Group from $53.00 to $48.00 and set an “overweight” rating for the company in a report on Tuesday, October 27th. Citizens Jmp cut their price target on eToro Group from $90.00 to $75.00 and set a “market outperform” rating for the company in a report on Friday, October 9th. Finally, Canaccord Genuity Group reduced their price objective on eToro Group from $47.00 to $40.00 and set a “buy” rating for the company in a research report on Wednesday. Nine equities research analysts have rated the stock with a Buy rating, four have issued a Hold rating and two have issued a Sell rating to the company’s stock. Based on data from MarketBeat, the company presently has an average rating of “Hold” and an average price target of $43.92.

eToro Group Stock Down 7.5%

eToro Group stock opened at $21.56 on Wednesday. The firm has a market cap of $1.79 billion, a price-to-earnings ratio of 8.04, a P/E/G ratio of 0.72 and a beta of 1.84. The company has a debt-to-equity ratio of 0.02, a current ratio of 4.02 and a quick ratio of 4.02. eToro Group has a fifty-two week low of $21.30 and a fifty-two week high of $44.21. The firm has a fifty day moving average price of $26.17 and a two-hundred day moving average price of $32.40.

eToro Group (NASDAQ:ETOR) last issued its quarterly earnings results on Tuesday, November 10th. The company reported $0.26 earnings per share (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 in the prior year, the company posted $0.53 earnings per share. As a group, analysts forecast that eToro Group will post 2.28 earnings per share for the current year.

Insider Buying and Selling

In other news, Director Shalev Eddy sold 100,000 shares of the business’s stock in a transaction on Friday, August 28th. The stock was sold at an average price of $31.20, for a total transaction of $3,120,000.00. Following the completion of the sale, the director owned 196,779 shares in the company, valued at $6,139,504.80. The trade was a 33.70% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through this link.

Institutional Inflows and Outflows

Several hedge funds have recently modified their holdings of the business. California State Teachers Retirement System raised its stake in shares of eToro Group by 2.2% during the first quarter. California State Teachers Retirement System now owns 15,331 shares of the company’s stock worth $460,000 after buying an additional 331 shares during the last quarter. Asset Management One Co. Ltd. grew its stake in shares of eToro Group by 42.7% during the third quarter. Asset Management One Co. Ltd. now owns 1,590 shares of the company’s stock worth $41,000 after purchasing an additional 476 shares during the period. Nisa Investment Advisors LLC grew its stake in shares of eToro Group by 109.7% during the third quarter. Nisa Investment Advisors LLC now owns 1,105 shares of the company’s stock worth $28,000 after purchasing an additional 578 shares during the period. Royal Bank of Canada increased its holdings in eToro Group by 6.0% in the first quarter. Royal Bank of Canada now owns 11,801 shares of the company’s stock valued at $354,000 after purchasing an additional 668 shares during the last quarter. Finally, EverSource Wealth Advisors LLC lifted its stake in eToro Group by 365.3% in 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.

Key Headlines Impacting eToro Group

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

About eToro Group

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.