Latest news with #eToroGroup
Yahoo
15 hours ago
- Business
- Yahoo
Why eToro Group Stock Swooned on Wednesday
Key Points For the second day in a row, discouraged investors traded out of the company following an earnings release. This was compounded by several post-earnings analyst price target reductions. 10 stocks we like better than eToro Group › Next-generation fintech eToro Group (NASDAQ: ETOR) was looking like quite the tired animal on the stock market Wednesday. For the third trading session in a row its shares closed the day lower in price, sinking by more than 5% as the S&P 500 index ended 0.3% higher. Several analyst price target cuts were a key reason why. Time to get out the scissors Those moves occurred a day after eToro published its second quarter earnings report. The company didn't perform badly at all during the period, in fact it notched a double beat on both the top and bottom lines. However, it's a fast-growing company in a lucrative field, and it seems investors were hungry for even better numbers. Several analysts tracking eToro stock also hoped for more, expressing some degree of disappointment by shaving their price targets. By my count five of them made such cuts on Hump Day. Among the choppers was Keefe, Bruyette & Woods' Kyle Vogt, who set a new fair value assessment of $60 per share for the fintech, from the preceding $65. He's lukewarm on eToro's prospects, as he continues to rate it as a market perform (hold). Maintaining a similar recommendation was Citigroup's Christopher Allen, accompanied by a $72 per share to $62 price target cut. Staying cautiously bullish on eToro Meanwhile, three of the five price target reducers kept their buy recommendations on eToro intact. This clutch included Needham's John Todaro, who despite his $80 per share to $76 reduction is still a believer in the company's future. According to reports, Todaro expressed some concern about the company's future take from cryptocurrency trading, following the run-up with Ethereum. However that segment is small compared to the company's overall operations, the analyst wrote. Do the experts think eToro Group is a buy right now? The Motley Fool's expert analyst team, drawing on years of investing experience and deep analysis of thousands of stocks, leverages our proprietary Moneyball AI investing database to uncover top opportunities. They've just revealed their to buy now — did eToro Group make the list? When our Stock Advisor analyst team has a stock recommendation, it can pay to listen. After all, Stock Advisor's total average return is up 1,060% vs. just 182% for the S&P — that is beating the market by 877.59%!* Imagine if you were a Stock Advisor member when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you'd have $653,427!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you'd have $1,119,863!* The 10 stocks that made the cut could produce monster returns in the coming years. Don't miss out on the latest top 10 list, available when you join Stock Advisor. See the 10 stocks » *Stock Advisor returns as of August 13, 2025 Citigroup is an advertising partner of Motley Fool Money. Eric Volkman has positions in Ethereum. The Motley Fool has positions in and recommends Ethereum. The Motley Fool has a disclosure policy. Why eToro Group Stock Swooned on Wednesday was originally published by The Motley Fool
Yahoo
3 days ago
- Business
- Yahoo
Why Etoro Stock Plummeted Today
Key Points Etoro's second-quarter report came with sales and earnings that beat Wall Street's targets. The fintech company's share price still saw big sell-offs today despite seemingly strong Q2 results. Some investors may have been looking for stronger funded accounts growth, but overall performance was still pretty strong in Q2. 10 stocks we like better than eToro Group › Etoro (NASDAQ: ETOR) stock sank in Tuesday's trading. The company's share price ended the daily session down 8.3% and had been off as much as 9.6% earlier in the session. The sell-offs came despite the S&P 500 index rising 1.1% and the Nasdaq Composite climbing 1.3% on the day. Major indexes notched record highs in Tuesday's session as the latest round of inflation data supported the case for significant interest rate cuts later this year, but Etoro stock still saw big sell-offs following the company's recent quarterly report. The fintech company actually posted second-quarter earnings that came in significantly ahead of the market's expectations, but the stock still got hit with a big sell-off in today's session. Etoro stock got hit hard after earnings Etoro reported non-GAAP (adjusted) earnings per share of $0.56 in the second quarter, beating the average Wall Street analyst estimate's call for adjusted per-share earnings of $0.51 in the period. Meanwhile, the company notched a net contribution of $210 million in the period -- beating the consensus estimate's call for a net contribution of $194.7 million in the period. Etoro's net contribution figure was up 26% year over year, and adjusted net income was up roughly 23% year over year. The company closed out the period with $17.5 billion in assets under its administration, up from 11.3% in the prior-year quarter. Despite some strong momentum in the period, investors were seemingly looking for stronger results -- and the company's share price has tumbled following the quarterly update. What's next for Etoro? While Etoro stock saw a big pullback following the company's Q2 release, the numbers in the report were generally quite strong. The company saw total funded accounts on its platform rise 14% year over year to reach 3.63 million. While some investors seemingly hoped that the company would post strong user growth, overall momentum was still pretty solid. On the heels of today's post-earnings pullback, the stock could be worth a look for risk-tolerant investors. Should you invest $1,000 in eToro Group right now? Before you buy stock in eToro Group, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the for investors to buy now… and eToro Group wasn't one of them. The 10 stocks that made the cut could produce monster returns in the coming years. Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you'd have $653,427!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you'd have $1,119,863!* Now, it's worth noting Stock Advisor's total average return is 1,060% — a market-crushing outperformance compared to 182% for the S&P 500. Don't miss out on the latest top 10 list, available when you join Stock Advisor. See the 10 stocks » *Stock Advisor returns as of August 11, 2025 Keith Noonan has no position in any of the stocks mentioned. The Motley Fool has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy. Why Etoro Stock Plummeted Today was originally published by The Motley Fool Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Finextra
07-08-2025
- Business
- Finextra
EToro touts AI for social investing
eToro Group Ltd. ('eToro', or the 'Company') (NASDAQ: ETOR), the trading and investing platform, announced today how the company is harnessing artificial intelligence to redefine social investing. 0 Yoni Assia, eToro's Co-founder and CEO, commented: 'There's been a lot of talk about how AI will reshape investing. It's not just speculation—it's already happening. At eToro, we're not waiting for the future to arrive. We're building it. 'Market data in the palm of your hand and AI-agents that enlighten you with the most relevant and accurate insights tailored to your portfolio and needs. The ability to build tools that help you outperform the markets and invite others to use them.' API Tools Powering the Creation of a Marketplace eToro is launching a suite of AI-tools that will transform social investing by creating a community-built marketplace for investing built on top of eToro's new public API. This marks a significant leap forward in the democratization of investing, arming retail traders and investors with sophisticated, AI powered capabilities previously only accessible to quantitative hedge funds. The suite of AI-tools will initially be available to eToro's Popular Investors, a subset of users who are a vetted group of top traders and investors who meet specific criteria and whose investment strategies can be copied by other users via eToro's patented CopyTrader technology. 'This is about more than just AI-generated insights,' continued Yoni Assia. 'With these tools we're not just democratizing access to markets and data, we're democratizing innovation itself. Our community is at the heart of everything we do and we are proud to enable them to build AI-powered tools that combine social trading features with advanced charting and execution capabilities, offering an AI powered experience. We're enabling our Popular Investors to innovate like top quantitative hedge funds and scale their impact within the eToro ecosystem.' Popular Investors will have access to a range of AI-powered tools including an eToro MCP (Model Context Protocol), agent-based services and customizable apps and dashboards. These tools offer seamless access to eToro's trading infrastructure and data, allowing Popular Investors to build tools for themselves and the eToro community. These tools can combine social trading features with advanced charting and execution capabilities. The key capabilities which will be deployed include the ability to: • Develop bespoke trading algorithms and automate strategies. • Automate trade execution: AI-driven algorithms to execute trades with precision, minimizing latency and maximizing efficiency. • Integrate real-time market data and third-party tools, including backtesting and advanced analytics, to identify trends and opportunities across stocks, crypto, and ETFs, in order to build investment strategies. • Personalize portfolio optimization: Tailored recommendations based on risk profiles, market conditions, and user behaviour. • Create personalized dashboards for monitoring portfolios and market activity including sophisticated risk management tools, powered by AI including Value-at-Risk (VaR) analysis and portfolio stress testing. • Interact with eToro's social feed via customizable boiler plates e.g. rich media posts. 'We are unleashing the true potential of social investing. eToro becomes an open-garden marketplace built on top of eToro's new public API enabling users to build, publish and access customized tools.' comments Yoni Assia. Launch of Tori - eToro's AI Companion eToro's focus on AI-empowerment, includes the launch of Tori, eToro's next-gen AI companion. Tori is a powerful AI assistant transforming how users interact with eToro: answering questions, surfacing personalized insights, guiding them across the platform, and helping them better understand the world of investment - all through natural conversation. 'Harnessing disruptive technology is in our DNA. From pioneering social investing, offering bitcoin from 2013, to deploying machine learning to build portfolios, we are committed to leveraging new technologies to the benefit of our users and our business. AI is already fundamentally rewriting the rules of what is possible. Within appropriate guardrails it can be a powerful tool to empower everyday investors to learn, invest and trade.' adds Yoni Assia. 'Tori, our AI companion, answers questions, surfaces personalized insights and guides users across the eToro platform. Tori underpins all of our innovations, and will evolve as our platform evolves, helping our users to get the most from eToro.' Alpha Portfolios eToro has launched seven Alpha Portfolios as part of our Smart Portfolio offering. These AI-powered strategies are built using advanced analysis of eToro's proprietary retail trading data to give eToro users access to exclusive quant-driven strategies typically used by hedge funds. 'Strategies like these have traditionally been out of reach for ordinary investors, as they normally come with high entry barriers, costly management fees, restrictive lock-up periods and less transparency in terms of asset allocation,' said Yoni Assia. 'Our Alpha Portfolios combine AI with one of the largest retail trading datasets in the world to provide real, actionable value to retail investors. They demonstrate our commitment to harness AI for the benefit of our community.' Community-Powered Innovation Following the successful acquisition of portfolio management provider Bullsheet in 2022, eToro has acquired BullAware and will partner with its creator Mariano Pardo to embed key features within the eToro platform. BullAware was created to provide eToro users with tools and insights to enhance their investing experience. 'BullAware is a clear example of the talent within our ecosystem and demonstrates why we are so excited about the potential that our Marketplace has to offer. eToro is a global community powered by the collaboration between people and technology. We want to embrace innovation wherever we find it and look forward to working with Mariano to integrate BullAware into the eToro platform. We're confident that through our deployment of AI-enabled tools, we will see more examples of innovation and inspiration from our community.' concludes Yoni Assia.
Yahoo
14-06-2025
- Business
- Yahoo
2 New IPO Stocks in Town – Citi Picks the Superior One to Buy
After a record-setting surge in 2021, IPO activity took a sharp downturn in 2022. Since then, the market has been gradually regaining its footing, with the past two years showing a steady upward trend in both the number of IPOs and total proceeds raised. Early data from the first quarter of 2025 suggests that this positive momentum is continuing. Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter In 1Q25, 59 companies went public, marking a 55% jump from the 38 IPOs recorded in the same quarter last year. However, despite the increase in volume, total proceeds remained largely flat at $8.9 billion, up just $100 million year-over-year. Several key factors appear to be fueling this renewed activity: broad market strength despite early-year volatility, expectations of a pro-business stance under the Trump Administration, anticipated interest rate cuts as inflation continues to ease, and a burst of innovation across AI, cybersecurity, and fintech – all helping to restore investor appetite for newly listed companies. Against this backdrop, Citi analysts have zeroed in on two newcomers. Both companies have caught Wall Street's eye, but Citi is leaning firmly toward one as the stronger long-term play. To see how that view stacks up across the Street, we turned to the TipRanks database. Let's dive in. eToro Group (ETOR) The financial markets operate on a global platform, and the first IPO stock on our list embodies that. eToro is a popular platform that blends online investing with elements of social media, a combination it has leveraged for ongoing success. From its base in Tel Aviv, eToro oversees a network of offices in important global financial centers: in the UK, the US, Cyprus, Australia, Germany, and the UAE. eToro has more than 3.5 million funded accounts, with traders in 75 countries. The company has described its mission as giving investors a simple and transparent platform for online trading. eToro was founded in 2007, and earlier this year, after 18 years of operation, the company went public through an IPO. The initial announcement of the stock offering specified that 10 million shares would go on the market, 5 million from the company and 5 million from 'certain existing shareholders.' On May 13, the company amended that, upsizing the offering to 11,923,018 shares, again split evenly between eToro and existing shareholders. The initial price was set at $52 per share, above the originally planned range of $46 to $50. and the stock started trading on the NASDAQ on May 14, with the company raising ~$310 million from the IPO. eToro currently boasts a market cap of approximately $5 billion. In its first quarterly readout as a public company, announced earlier this week for 1Q25, eToro realized a net contribution of $217 million, a figure that was up 8% year-over-year and beat the forecast by $3.22 million. At the bottom-line, EPS of $0.69 came in $0.09 above Street expectations. Opening coverage of this newly public stock, Citi's Christopher Allen, an analyst ranked in 13th spot amongst the thousands of Street experts, sees a balance between the risks and rewards here. The 5-star analyst writes, 'eToro stands out for its regional diversity, brand, unique offerings, crypto leverage, and clear product/regional expansion opportunities. And overall we remain constructive on the health/resiliency of the retail segment and bullish on the outlook for European retail specifically. But we see some challenges as well, including healthy competition in traditional retail, likely increasing competition in crypto with new regulation, expected volatility in results from crypto and market making elements of model, the relative level of marketing spend, and sustainability of current ROCA levels. We see a balanced risk/reward at current levels.' Allen's stance backs up his Neutral (i.e., Hold) rating on the stock, although his price target of $72 suggests that eToro's shares will gain 12% this coming year. (To watch Allen's track record, click here) In its short time on the public market, ETOR stock has picked up 15 analyst reviews – and their 8 to 7 split between Buy and Hold gives the stock its Moderate Buy consensus rating. The shares are priced at $64.17, and the $74.78 average target price implies the shares will climb 16.5% higher over the next 12 months. (See ETOR stock forecast) Aspen Insurance Holdings (AHL) Next up is an insurance company, Aspen Insurance Holdings. Aspen is a specialty insurer and reinsurer that gives its customers a range of innovative solutions to protect their capital. The company uses its access to Aspen Capital Markets to leverage third-party capital in the insurance industry, giving its own insurance and reinsurance segments the advantage of increased flexibility. Like any successful insurer, Aspen delivers on the key promises of the industry: protection for insured assets, and solid service on the claims side. Aspen does not compromise its business relationships for short-term gains, and instead adheres to an insurance model and underwriting approach that supports sustainable operations through changing market cycles. Among its specialty insurance products, Aspen provides backing for a range of environmental policies, railroad protection policies, and excess casualty policies. On the casualty side, one of the insurance industry's most important segments, Aspen works with eight experienced underwriters to provide coverage that is customized and creative, giving its customers solutions for any unique or challenging exposures that may arise. Aspen also offers cyber insurance products, and a wide range of professional liability insurance policies in the US and international markets. The company can also provide policies to cover crisis situations, from kidnapping to piracy, and even specie policies, to cover the transit risks associated with fine art, metal bullion, jeweler's block, and more. In short, Aspen is a wide-ranging insurance company, capable of meeting all customers' needs. On May 7, Aspen announced pricing for its IPO, an upsized offering of 13.25 million shares at $30 each, with trading beginning on May 8. The company raised $397.5 million during its IPO. The company's market cap stands at $2.56 billion. This past June 3, Aspen released its first set of financials as a public entity. The release, for 1Q25, showed that the company had total revenues of $789.1 million, up 4.4% from 1Q24, and a Q1 net income of $36.8 million, down from $111.8 million in 1Q24. Aspen had $1.287 billion in total gross written premiums on the books as of March 31. Matthew Heimermann covers this stock for Citi, and he believes that the company has sound prospects for the future. Heimermann writes of Aspen's potential, 'The market appears skeptical that Aspen has changed for the better. We get it, the company's previous track record as a public company was lacking (Aspen was publicly listed between 2003-2019). However, we think investors are incentivized to take the contrarian view and expect higher future operating returns than shares appear to be discounting. Why? Encouraging recent and past performance, potentially more tailwinds than headwinds, reasonable expectations, and an undemanding valuation relative to potential returns and/or volatility.' The analyst goes on to put a Buy rating on AHL shares, and he backs that with a $43 target price that implies a one-year upside for the stock of 34%. Wall Street gives this stock a Strong Buy consensus rating, based on 8 recent reviews that break down 6 to 2 in favor of Buy over Hold. The shares are priced at $32, and the $40.63 average price target suggests a gain of 27% on the one-year horizon. (See AHL stock forecast) After laying out the data, it's clear that Citi has chosen Aspen Insurance as the superior IPO stock to buy now. To find good ideas for stocks trading at attractive valuations, visit TipRanks' Best Stocks to Buy, a tool that unites all of TipRanks' equity insights. Disclaimer: The opinions expressed in this article are solely those of the featured analysts. The content is intended to be used for informational purposes only. It is very important to do your own analysis before making any investment. Disclaimer & DisclosureReport an Issue Sign in to access your portfolio
Wall Street Journal
11-06-2025
- Business
- Wall Street Journal
IPO Market Shows Signs of Renewed Vigor
The market for initial public offerings seems to be improving after the stock selloff linked to tariff concerns in early April. Shares in Voyager Technologies rose sharply in their debut on the New York Stock Exchange on Tuesday. Other recent signs of success include a blockbuster debut for crypto from Circle Internet Group and upsized IPOs from Aspen Insurance and trading platform eToro Group. Read more:
