
ETOR Stock Forecast & Price Target
ETOR Analyst Ratings
Bulls say
eToro Group Ltd has demonstrated impressive growth in trading activity, with record ECC activity increasing 53% year-over-year to 61.7 million trades in October. The company reported a net contribution of $215 million in Q3, marking a 28% year-over-year increase, fueled by heightened trading in July and August, alongside a notable 48% rise in net income. Additionally, eToro's Assets Under Administration grew significantly, reaching $20.5 billion in October, up 73% year-over-year, while total money transfers surged by 116% year-over-year to $1.4 billion, highlighting robust investor engagement and demand.
Bears say
The financial analysis indicates concerns over Etoro Group's stock primarily due to an expected decline in crypto trading volume, as broader market conditions show signs of cooling. The company's trading activity may face headwinds, with lower daily average revenue trades (DARTS) and stagnating average revenue per user (ARPU) anticipated in the context of declines in both crypto volumes and potential losses in market share to competitors. Overall, unfavorable macroeconomic factors are expected to negatively impact equity markets, further threatening Etoro's trading activity and financial performance in the near-term outlook.
This aggregate rating is based on analysts' research of Etoro Group Ltd and is not a guaranteed prediction by Public.com or investment advice.
ETOR Analyst Forecast & Price Prediction
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