eToro Group (NASDAQ:ETOR) Posts Quarterly Earnings Results

eToro Group (NASDAQ:ETOR) released its quarterly earnings data on Tuesday. The company reported $0.26 earnings per share for the quarter, missing the consensus estimate of $0.27 by ($0.01), FiscalAI reports. The firm had revenue of $1.49 billion for the quarter. eToro Group had a return on equity of 20.26% and a net margin of 2.17%. During the same quarter last year, the firm earned $0.53 earnings per share.

Here are the key takeaways from eToro Group’s conference call:

• Negative Sentiment: Q3 net contribution fell 13% year over year to $186 million and adjusted EBITDA declined 56% to $34 million, mainly reflecting weaker crypto activity and higher marketing investment. October activity remained soft, with assets under administration down 6% year over year.
• Positive Sentiment: Funded accounts grew 18% year over year to 4.39 million, while equity assets under administration rose 24% to a record $11.5 billion. Total assets under administration were $20.8 billion, unchanged year over year.
• Positive Sentiment: eToro completed its new app rollout and highlighted expansion of Edge, 24/7 trading, and AI-driven tools including Tori and external AI connectors. API and agentic-trading users increased 250% quarter over quarter, though management’s expectations for broader adoption remain forward-looking.
• Positive Sentiment: The company announced a $250 million share repurchase program and expects Q4 adjusted operating expenses to be at least 5% lower than Q3. Management said repurchases will depend on market conditions and other factors.
• Neutral Sentiment: eToro expects its pending TradeZero acquisition to close in the first half of 2027, subject to approvals, and says it could expand U.S. active-trading capabilities; management expects it to be accretive to adjusted EPS in the first full year after completion, before synergies. The announced LB Finanzas acquisition is intended to support expansion in Latin America, with management targeting $100 million in regional revenue within two to three years.

eToro Group Stock Performance

NASDAQ ETOR traded down $1.57 during trading on Tuesday, hitting $21.75. 1,443,764 shares of the company’s stock traded hands, compared to its average volume of 1,168,040. The business has a 50 day moving average of $26.38 and a 200-day moving average of $32.44. eToro Group has a 12-month low of $21.30 and a 12-month 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 stock has a market capitalization of $1.80 billion, a price-to-earnings ratio of 8.19, a PEG ratio of 0.74 and a beta of 1.84.

Insider Buying and Selling at eToro Group

In other news, Director Shalev Eddy sold 100,000 shares of the firm’s stock in a transaction that occurred on 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 completion of the transaction, the director directly owned 196,779 shares in the company, valued at approximately $6,139,504.80. This trade represents a 33.70% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website.

Institutional Inflows and Outflows

Hedge funds have recently made changes to their positions in the company. Harel Insurance Investments & Financial Services Ltd. grew its position in eToro Group by 61.9% during the first quarter. Harel Insurance Investments & Financial Services Ltd. now owns 1,988,552 shares of the company’s stock worth $59,716,000 after buying an additional 760,654 shares in the last quarter. Arrowstreet Capital Limited Partnership raised its holdings in shares of eToro Group by 12.2% in the 1st quarter. Arrowstreet Capital Limited Partnership now owns 1,017,374 shares of the company’s stock valued at $30,552,000 after acquiring an additional 110,998 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. Tidal Investments LLC boosted its position in shares of eToro Group by 1.9% during the 2nd quarter. Tidal Investments LLC now owns 666,388 shares of the company’s stock valued at $26,302,000 after acquiring an additional 12,441 shares during the last quarter. Finally, Wellington Management Group LLP bought a new stake in shares of eToro Group during the 2nd quarter valued at about $22,134,000.

Trending Headlines about eToro Group

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

• Positive Sentiment: eToro announced a $250 million share-repurchase program, which could support demand for its shares. Funded accounts also increased 18% year over year to 4.39 million. eToro Reports Third Quarter 2026 Results
• Neutral Sentiment: Quarterly revenue was $1.49 billion; the supplied reports do not provide a comparable revenue estimate. eToro earnings results
• Negative Sentiment: Adjusted EPS was $0.26, below estimates that ranged from $0.27 to $0.34, depending on the source. Adjusted net income reportedly fell 60% year over year, while EPS was down from $0.53 in the year-earlier quarter. The earnings miss and profit decline help explain the negative investor reaction. eToro shares decline after Q3 earnings miss

Analyst Ratings Changes

A number of research firms recently commented on ETOR. KeyCorp dropped their price target on eToro Group from $45.00 to $40.00 and set an “overweight” rating for the company in a research note on Friday, October 16th. Bank of America restated a “neutral” rating on shares of eToro Group in a report on Monday, October 5th. Keefe, Bruyette & Woods cut their target price on eToro Group from $45.00 to $35.00 and set a “market perform” rating on the stock in a research report on Wednesday, August 12th. TD Cowen cut their price target on eToro Group from $35.00 to $33.00 and set a “buy” rating on the stock in a report on Monday, October 12th. Finally, Needham & Company LLC decreased their price target on shares of eToro Group from $55.00 to $54.00 and set a “buy” rating for the company in a research note on Wednesday, October 21st. Ten analysts have rated the stock with a Buy rating, five have assigned a Hold rating and two have assigned a Sell rating to the stock. According to data from MarketBeat, the company presently has an average rating of “Hold” and a consensus target price of $46.00.

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.

Founded in 2007, eToro serves customers in multiple countries.