eToro shares surge 10.26% after-hours on Deutsche Bank upgrade to Buy and Q3 earnings beat.

eToro Group surged 10.26% in after-hours trading following Deutsche Bank’s upgrade of its stock to Buy with a raised price target to $45, citing an attractive 16x P/E ratio on 2026 earnings and improved business momentum. The move coincided with the company’s Q3 2025 earnings report, which exceeded EPS estimates by 3.45% and reported $4.11 billion in revenue, reinforcing investor confidence. Analysts highlighted eToro’s strategic expansion in the U.S. market, including the launch of Copy Trading and a $150 million share buyback program, alongside strong non-trading revenue growth. Despite weak gross margins, the stock’s rebound from a 43.69% six-month decline and valuation discounts to analyst price targets further fueled optimism. These factors collectively drove the sharp after-hours rally.