Should I Buy ETOR? ETOR 2026 Analysis

Should You Buy eToro Group Ltd (ETOR) Today? Analysis, Price Targets, and 2026 Outlook.

Conclusion

Buy

Latest Price

29.400

1 Day change

-2.71%

52 Week Range

79.960

Analysis Updated At

2026/01/28

BUY for a beginner long-term investor right now. ETOR is trading near a key pivot/support zone (~31), options positioning is net-bullish on open interest, and the company’s latest reported quarter (2025/Q3) showed very strong YoY growth in revenue, EPS, and net income. While the longer-term technical trend is still bearish (moving averages stacked down) and Wall Street has been trimming targets, the current setup favors initiating a position rather than waiting—especially with the next earnings (QDEC 2025) on 2026-02-17 as a near-term catalyst.

Technical Analysis

Price/levels: Last price ~31.01, sitting essentially on the pivot (31.094). Immediate support is S1 ~30.055 (then S2 ~29.413). Nearby resistance is R1 ~32.133 (then R2 ~32.775). Trend: Moving averages are bearish (SMA_200 > SMA_20 > SMA_5), indicating the broader trend has been down and the stock is still in a longer-term recovery phase. Momentum: MACD histogram is positive and expanding (0.165), suggesting improving upside momentum vs. the recent trend. RSI(6) ~42.6 is neutral-to-slightly weak, consistent with a stock that has not overheated and may be basing near support. Practical read: This looks like an early stabilization/turn attempt near support—good for a long-term entry, but not yet a confirmed uptrend until it reclaims and holds above ~32.1–32.8 resistance.

Options Data

Bullish

Open Interest Put-Call Ratio

Neutral

Option Volume Put-Call Ratio

Sentiment: Open interest put/call of 0.47 is bullish (more call positioning outstanding than puts), implying investors are positioned for upside over time. However, the put/call ratio by volume is ~1.03, which is roughly neutral (slightly more puts traded than calls on the day), suggesting short-term sentiment is not strongly risk-on. Activity/volatility: Today’s option volume is light vs the 30-day average (~42.7%), so the tape isn’t showing a big near-term bet. Implied vol (30d) ~62% vs historical vol ~58% is modestly elevated, but IV percentile ~36 indicates it’s not extreme versus its own history. Net: Options lean constructive longer-term (OI), with mixed/neutral very near-term trading tone (volume).

Technical Summary

Sell

Buy

Positive Catalysts

Crypto/market infrastructure tailwinds in the news flow: BitGo’s IPO strength and NYSE discussion of tokenized securities/24-7 trading platform are supportive for the broader digital-asset trading ecosystem where eToro participates.
Large BTC accumulation by Strategy (news) can improve overall crypto sentiment and potentially retail engagement—important for broker platforms with crypto exposure.
Upcoming earnings (QDEC
on 2026-02-17 pre-market provides a clear catalyst window, especially if funded accounts/activity trends remain strong.

Neutral/Negative Catalysts

Technical overhang: bearish moving-average stack suggests the stock still needs to prove a sustained uptrend; failure to hold ~30 support could invite more selling.
Analyst narrative has tilted more cautious recently, especially Goldman’s downgrade and repeated target cuts across the group tied to softer crypto volumes/competition.
Margin pressure: gross margin fell sharply YoY (2025/Q3), which reinforces concerns about fees/mix/competitive intensity even with strong top-line growth.

Financial Performance

Latest quarter provided: 2025/Q3. Revenue grew to ~4.11B (+163.46% YoY), net income rose to ~56.8M (+47.58% YoY), and EPS increased to 0.69 (+46.81% YoY). The key watch-out is profitability quality: gross margin dropped to ~5.22% (-51.31% YoY), implying the company is growing fast but with meaningful margin compression—important for long-term valuation and durability of earnings growth.

Growth

Profitability

Efficiency

Analyst Ratings and Price Target Trends

Recent trend: Price targets have generally been cut since late 2025 into Jan 2026, and sentiment has become more mixed. Goldman downgraded ETOR from Buy to Neutral (PT cut to 39 from 48, then lowered again to 35), citing competition and below-peer sales growth expectations. Other firms remain constructive but still trimmed targets (e.g., Mizuho keeps Outperform but lowered PT to 60; Needham keeps Buy but lowered PT to 58; UBS Neutral with PT 50; BofA Neutral with PT 48). Pros view: durable growth and improved momentum off strong quarters, plus valuation/discount arguments from bulls. Cons view: rising competitive pressure, potentially higher costs, and softer crypto volumes near-term—keeping multiple expansion in check.

11 Analyst Rating

Wall Street analysts forecast ETOR stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for ETOR is 56 USD with a low forecast of 39 USD and a high forecast of 78 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.

7 Buy

4 Hold

0 Sell

Moderate Buy

Current: 30.220

Low

Averages

High

Current: 30.220

Low

Averages

High

Goldman Sachs

James Yaro

Neutral

downgrade

$39 -> $35

AI Analysis

2026-01-20

Reason

Goldman Sachs

James Yaro

Price Target

$39 -> $35

AI Analysis

2026-01-20

downgrade

Neutral

Reason

Goldman Sachs analyst James Yaro lowered the firm's price target on eToro to $35 from $39 and keeps a Neutral rating on the shares. Select earnings estimates for investment banks, brokers, and crypto-related names have been slightly adjusted based on final Dealogic data, showing Q4 M&A fees up 8% on average, along with revenue net pull-forward analysis, and updated to reflect 1Q26 crypto market trends, the analyst tells investors in a research note.

Mizuho

Dan Dolev

Outperform

downgrade

$65 -> $60

2026-01-16

Reason

Mizuho

Dan Dolev

Price Target

$65 -> $60

2026-01-16

downgrade

Outperform

Reason

Mizuho analyst Dan Dolev lowered the firm's price target on eToro to $60 from $65 and keeps an Outperform rating on the shares. The firm adjusted targets in the financial technology, payments, crypto and IT services group as part of its 2026 outlook. Mizuho says fintech and payments enter 2026 "with major political, macro, and product catalysts." Rate caps may ultimately benefit networks and buy now pay later players, as credit-to-BNPL shifts drive incremental debit volume, the analyst tells investors in a research note.

Unlock Full Analyst Thesis， Get the complete breakdown of rating reason for ETOR

Unlock Now

ETOR Should I Buy

ETOR Should I Buy

Should You Buy eToro Group Ltd (ETOR) Today? Analysis, Price Targets, and 2026 Outlook.

Technical Analysis

Options Data

Technical Summary

Positive Catalysts

Neutral/Negative Catalysts

Financial Performance

Growth

Profitability

Efficiency

Analyst Ratings and Price Target Trends

People Also Watch