Deutsche Bank Starts eToro at Buy, Shares Up 3%
From Financial Modeling Prep: 2025-06-09 13:43:00
Deutsche Bank gives eToro Group (NASDAQ:ETOR) a Buy rating and $70 price target for its unique position in digital brokerage. Shares rise over 3% pre-market. eToro’s socially driven model allows users to trade, copy top performers, access multi-asset portfolios, and financial education. 95% of revenue comes from outside the U.S., particularly strong in Europe. Analysts cautious on valuation at 25.7x 2026 EPS estimate, but see eToro benefiting from trend of democratized retail investing among younger, globally distributed investors.
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