Needham & Company LLC Cuts eToro Group (NASDAQ:ETOR) Price Target to $53.00

eToro Group (NASDAQ:ETOR) had its target price cut by Needham & Company LLC from $66.00 to $53.00 in a research note issued to investors on Wednesday morning,Benzinga reports. They currently have a buy rating on the stock.

Other analysts have also issued research reports about the company. Zacks Research lowered eToro Group from a “strong-buy” rating to a “hold” rating in a report on Tuesday, July 14th. The Goldman Sachs Group lifted their target price on eToro Group from $39.00 to $43.00 and gave the company a “neutral” rating in a research report on Thursday, May 28th. Keefe, Bruyette & Woods upped their target price on eToro Group from $35.00 to $38.00 and gave the stock a “market perform” rating in a report on Wednesday, May 13th. Citizens Jmp increased their price target on eToro Group from $85.00 to $90.00 and gave the stock a “market outperform” rating in a research report on Wednesday, May 13th. Finally, TD Cowen raised their price target on eToro Group from $44.00 to $52.00 and gave the company a “buy” rating in a research note on Thursday, May 14th. Ten analysts have rated the stock with a Buy rating and seven have issued a Hold rating to the company’s stock. According to MarketBeat.com, eToro Group has a consensus rating of “Moderate Buy” and an average target price of $51.27.

eToro Group Trading Down 1.2%

ETOR stock opened at $28.58 on Wednesday. The company has a market capitalization of $2.37 billion, a PE ratio of 10.74, a P/E/G ratio of 0.76 and a beta of 1.68. eToro Group has a 12 month low of $24.74 and a 12 month high of $48.90. The firm’s 50-day moving average is $37.36 and its 200 day moving average is $34.87. The company has a debt-to-equity ratio of 0.02, a current ratio of 4.02 and a quick ratio of 3.92.

eToro Group (NASDAQ:ETOR) last released its quarterly earnings data on Tuesday, August 11th. The company reported $0.68 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.61 by $0.07. The company had revenue of $1.59 billion during the quarter. eToro Group had a net margin of 2.17% and a return on equity of 20.26%. eToro Group’s quarterly revenue was down 23.9% on a year-over-year basis. During the same period last year, the firm earned $0.56 earnings per share. On average, research analysts anticipate that eToro Group will post 2.74 EPS for the current year.

Insider Transactions at eToro Group

In other eToro Group news, CEO Hedva Ber sold 55,160 shares of the stock in a transaction dated Monday, June 1st. The stock was sold at an average price of $41.90, for a total value of $2,311,204.00. Following the completion of 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 transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Hedge Funds Weigh In On eToro Group

Several hedge funds have recently modified their holdings of the stock. Harel Insurance Investments & Financial Services Ltd. purchased a new position in shares of eToro Group in the 4th quarter valued at approximately $43,136,000. Invesco Ltd. raised its stake in shares of eToro Group by 14,120.4% in 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 last quarter. T. Rowe Price Investment Management Inc. lifted 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 worth $59,571,000 after purchasing an additional 683,008 shares during the period. Balyasny Asset Management L.P. purchased a new stake in eToro Group in the second quarter valued at approximately $43,397,000. Finally, Adage Capital Partners GP L.L.C. purchased a new stake in eToro Group in the second quarter valued at approximately $33,812,000.

Key Stories Impacting eToro Group

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

• Positive Sentiment: eToro agreed to acquire TradeZero for approximately $231 million, a deal intended to expand its U.S. presence and broaden its trading offering. The transaction could support long-term growth, although it also increases execution and integration risk. eToro acquires TradeZero
• Positive Sentiment: Despite lowering its price target from $57 to $51, Susquehanna maintained a “positive” rating. TD Cowen also kept a “buy” rating while reducing its target from $55 to $35, indicating analysts still see potential upside from current levels. Analyst price-target updates
• Positive Sentiment: eToro’s second-quarter results included adjusted earnings of $0.68 per share, above the $0.61 analyst consensus estimate, providing evidence of continued earnings resilience. eToro Reports Second Quarter 2026 Results
• Neutral Sentiment: CEO Yoni Assia said increasing global volatility is affecting markets. Greater volatility can boost trading activity and revenue, but it may also make customer activity and results less predictable. Yoni Assia interview
• Negative Sentiment: Needham lowered its eToro price target to $53, while Mizuho also reduced its expectations. Goldman Sachs, UBS, and Keefe, Bruyette & Woods issued similarly cautious forecasts. The coordinated revisions are likely weighing on sentiment even though the targets remain above the stock’s recent trading level. Needham price target Mizuho forecast Goldman Sachs forecast UBS forecast KBW forecast
• Negative Sentiment: Second-quarter revenue totaled $1.59 billion, down 23.9% year over year. The earnings beat was therefore offset by concerns about slowing top-line growth, which may explain the more conservative analyst targets.

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.