eToro (ELOR) Climbs 20% on Earnings Buyout, Buyback Hike

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eToro (ELOR) Climbs 20% on Earnings Buyout, Buyback Hike.

trade ideas :: 13hrs ago :: source - insider monkey

By Angelica Ballesteros

We recently published 10 Stocks Outperforming With Monstrous Gains. eToro Group Ltd. (NASDAQ:ETOR) was one of the best performers on Tuesday.

eToro grew its share prices by 20.43 percent on Tuesday to finish at $33.07 apiece as investors gobbled up shares following a strong earnings performance and news of a higher buyback program.

In an updated report, eToro Group Ltd. (NASDAQ:ETOR) said that it grew its net income last year by 12 percent to $215.7 million from $192.38 million in 2024. Total revenues jumped by 9.5 percent to $13.8 billion from $12.6 billion.

In the fourth quarter alone, net income surged by 16 percent to $68.7 million from $59.2 million, despite revenues falling by 33 percent to $3.87 billion from $5.8 billion.

eToro (ELOR) Climbs 20% on Earnings Buyout, Buyback Hike. Image by drobotdean on Freepik

“Our fourth quarter results reflect the strength and resilience of our multi-asset business model. We delivered compelling financial performance through a combination of diversified revenue streams, healthy funded accounts growth, and disciplined financial management,” said eToro Group Ltd. (NASDAQ:ETOR) Chief Finance Officer Meron Shani.

“Furthermore, we are off to a strong start to 2026 with our January capital markets KPIs demonstrating the ability of our platform to adapt and perform across all different market conditions, including the recent spike in commodities trading. With our strong balance sheet and a clear execution roadmap, we believe that we are well-positioned to deliver accelerated growth in 2026,” he noted.

In other news, eToro Group Ltd. (NASDAQ:ETOR) also announced plans to raise its existing share buyback program by another $100 million, bringing the total to $250 million.

As of writing, the company has successfully spent $100 million of the total allocation.

While we acknowledge the potential of ETOR as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an extremely cheap AI stock that is also a major beneficiary of Trump tariffs and onshoring, see our free report on the best short-term AI stock.

Disclosure: None.

This article is originally published at Insider Monkey.