eToro Group (NASDAQ:ETOR) Given New $40.00 Price Target at Canaccord Genuity Group

eToro Group (NASDAQ:ETOR) had its price target decreased by Canaccord Genuity Group from $47.00 to $40.00 in a research note released on Wednesday morning,Benzinga reports. Canaccord Genuity Group currently has a buy rating on the stock.

Other equities analysts also recently issued 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. Needham & Company LLC lowered their target price on eToro Group from $55.00 to $54.00 and set a “buy” rating for the company in a report on Wednesday, October 21st. UBS Group dropped their price target on eToro Group from $50.00 to $35.00 and set a “neutral” rating on the stock in a research report on Wednesday, August 12th. KeyCorp cut their price target on eToro Group from $45.00 to $40.00 and set an “overweight” rating on the stock in a report on Friday, October 16th. Finally, Cantor Fitzgerald reduced their price objective on eToro Group from $53.00 to $48.00 and set an “overweight” rating for the company in a research report on Tuesday, October 27th. 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’s stock. Based on data from MarketBeat, the company has an average rating of “Hold” and a consensus target price of $42.50.

eToro Group Trading Up 6.6%

NASDAQ ETOR opened at $22.99 on Wednesday. eToro Group has a one year low of $21.30 and a one year high of $44.21. The company has a 50-day simple moving average of $25.99 and a 200-day simple moving average of $32.35. 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 $1.90 billion, a PE ratio of 8.62, a price-to-earnings-growth ratio of 0.67 and a beta of 1.84.

eToro Group (NASDAQ:ETOR) last announced its quarterly earnings data on Tuesday, November 10th. The company reported $0.26 earnings per share for the quarter, missing analysts’ consensus estimates of $0.27 by ($0.01). The business had revenue of $1.49 billion for the quarter. eToro Group had a net margin of 2.34% and a return on equity of 17.19%. During the same period in the previous year, the company posted $0.53 earnings per share. On average, equities analysts forecast that eToro Group will post 2.28 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 eToro Group stock in a transaction dated Friday, August 28th. The shares were 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 in the company, valued at $6,139,504.80. This trade represents a 33.70% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently bought and sold shares of the company. EverSource Wealth Advisors LLC increased its stake in shares of 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 purchasing an additional 727 shares during the period. Nisa Investment Advisors LLC raised its holdings 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 valued at $28,000 after buying an additional 578 shares during the last quarter. Asset Management One Co. Ltd. raised its holdings 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 valued at $41,000 after buying an additional 476 shares during the last quarter. State of Wyoming boosted its position in shares of 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 period. Finally, CI Investments Inc. acquired a new position in shares of eToro Group during the first quarter worth approximately $227,000.

Key Headlines Impacting eToro Group

Here are a few of the latest headlines about ETOR:

• Positive Sentiment: Funded accounts grew 18% year over year to 4.39 million, and eToro announced a $250 million share repurchase program—both supportive signs for engagement and shareholder returns. Article: eToro: 3 Key Takeaways for Long-Term Investors
• Neutral Sentiment: TD Cowen, Needham, and Canaccord cut their price targets, but each maintained a Buy rating. The lower targets suggest analysts have tempered expectations, even as they remain bullish overall. TD Cowen recommendations Needham recommendations Canaccord recommendations
• Negative Sentiment: Q3 results missed earnings expectations: adjusted EPS was $0.26, versus estimates ranging from $0.27 to $0.34. Net income also declined sharply year over year, with reports citing crypto-market weakness as a factor; revenue was $1.49 billion. The earnings shortfall and profit contraction are the clearest near-term downside catalysts. Article: eToro Group Q3 2026 Results

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.