eToro Group (NASDAQ:ETOR) Posts Quarterly Earnings Results, Misses Expectations By $0.01 EPS

eToro Group (NASDAQ:ETOR) announced its quarterly earnings data on Tuesday. The company reported $0.26 earnings per share for the quarter, missing analysts’ consensus estimates of $0.27 by ($0.01), FiscalAI reports. eToro Group had a net margin of 2.17% and a return on equity of 20.26%. The company had revenue of $1.49 billion for the quarter. During the same quarter in the previous year, the business 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 Price Performance

eToro Group stock traded up $1.25 during trading hours on Wednesday, hitting $22.81. The stock had a trading volume of 804,049 shares, compared to its average volume of 1,176,302. eToro Group has a 1-year low of $21.30 and a 1-year high of $44.21. The stock has a market capitalization of $1.89 billion, a price-to-earnings ratio of 8.57, a PEG ratio of 0.72 and a beta of 1.84. The stock’s fifty day moving average is $26.17 and its two-hundred day moving average is $32.40. The company has a debt-to-equity ratio of 0.02, a current ratio of 4.02 and a quick ratio of 4.02.

More eToro Group News

Here’s some of the latest news about ETOR:

• Positive Sentiment: eToro reported that funded accounts grew 18% year over year to 4.39 million and announced a $250 million share-repurchase program—signs of customer growth and a potential source of shareholder demand. eToro Q3 2026 results
• Neutral Sentiment: Needham lowered its price target to $45 from $54, and Canaccord cut its target to $40 from $47; both retained Buy ratings. The lower targets temper prior expectations, while the continued Buy calls signal that the analysts still see upside. Needham price-target report
• Negative Sentiment: Q3 adjusted EPS was $0.26, below analyst estimates, and down from $0.53 a year earlier. Revenue was $1.49 billion, while reports cited a crypto slump and a 60% decline in adjusted net income. The earnings shortfall and weaker profitability appear to be the main near-term pressures on the stock. eToro Q3 earnings report

Analysts Set New Price Targets

A number of analysts recently issued reports on ETOR shares. Canaccord Genuity Group cut 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. Wall Street Zen cut eToro Group from a “buy” rating to a “hold” rating in a research note on Saturday, August 15th. Weiss Ratings downgraded shares of eToro Group from a “hold (c-)” rating to a “sell (d+)” rating in a research note on Tuesday, August 25th. KeyCorp dropped their price target on shares of eToro Group from $45.00 to $40.00 and set an “overweight” rating on the stock in a research note on Friday, October 16th. Finally, Citizens Jmp cut their target price on eToro Group from $90.00 to $75.00 and set a “market outperform” rating on the stock in a research report on Friday, October 9th. Nine investment analysts have rated the stock with a Buy rating, four have issued a Hold rating and two have given a Sell rating to the company. Based on data from MarketBeat.com, eToro Group currently has an average rating of “Hold” and an average price target of $42.50.

Insider Activity

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 transaction of $3,120,000.00. Following the completion of the transaction, the director directly owned 196,779 shares of the company’s stock, 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 at this hyperlink.

Institutional Investors Weigh In On eToro Group

Several hedge funds have recently modified their holdings of ETOR. Bank of New York Mellon Corp purchased a new position in eToro Group in the first quarter valued at about $6,048,000. Sei Investments Co. purchased a new stake in shares of eToro Group in the first quarter worth about $2,579,000. Saba Capital Management L.P. boosted its position in shares of eToro Group by 156.2% in the first quarter. Saba Capital Management L.P. now owns 203,291 shares of the company’s stock worth $6,105,000 after buying an additional 123,952 shares during the period. Intrinsic Edge Capital Management LLC purchased a new stake in shares of eToro Group in the first quarter worth about $5,706,000. Finally, Renaissance Technologies LLC grew its stake in shares of eToro Group by 51.9% in the first quarter. Renaissance Technologies LLC now owns 292,950 shares of the company’s stock valued at $8,797,000 after buying an additional 100,100 shares in the last quarter.

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.