+2.97% for eToro stock as banking licence application explored

Traders Union
All News
Financial News
EToro jumps 2.97% to $40.18 today

Highlights

eToro reported $216 million in net income for 2025, up 12%, showcasing operational momentum and improved profitability.
Management is targeting acquisitions and a potential banking licence, aiming to boost revenue streams and expand market presence.
Technical outlook remains bullish with strong buying momentum; price is expected to trade in a $38.84–$41.52 range over the next 2–3 days.

Profit surge and M&A plans boost investor demand amid growth drive

eToro recently reported $216 million in net income for 2025, representing a 12% increase over the previous year, in a move that highlights the platform's improved profitability and operational momentum, according to CEO Yoni Assia. This strong financial performance is fueling investor interest, as the company prepares for potential acquisitions and explores obtaining a banking licence, both of which could open up significant new revenue streams and expand its market reach. Furthermore, eToro is working with investment bankers on two imminent transactions, adding to expectations for further corporate expansion and increased market activity. Together, these developments provide a robust foundation for buying interest as the stock advances.

Bullish momentum tests overbought signals as conviction moderates

On the hourly chart, ETOR is holding above the MA-20 at $39.41 and the MA-50 at $38.91, while the daily chart shows price trading well above the MA-200 at $36.46. Immediate support is located at the Ichimoku Kijun level of $39.38. The short-term momentum picture is anchored by a bullish MACD crossover, while the ADX remains neutral, indicating a trending environment lacking strong conviction. The RSI reading of 61.61 signals continued buy-side strength, and both Stoch RSI and CCI point towards overbought territory, echoed by a high BBP value that emphasizes strong buyer dominance. The Awesome Oscillator affirms prevailing bullish momentum, though several oscillators suggest that current levels may be stretched.

Upside favored as resistance challenges volatility range

Over the next 2–3 days, ETOR is expected to trade within a typical volatility band of $38.84 to $41.52. With a probability above 80%, an upward move remains the baseline scenario as bullish conditions persist; price could accelerate towards the upper end of this range if resistance is cleared. If the price fails to hold immediate support at $39.38, a deeper pullback toward the lower boundary of the channel is possible, though the likelihood of this is assessed at under 20%.

Anton Kharitonov, expert at Traders Union, sees current eToro price action as technically strong but notes that several oscillators flag extended conditions. He points to improved profitability and upcoming strategic moves as supportive, but emphasizes that market is already pricing in much of this optimism. The analyst views upside continuation as likely, yet highlights immediate support at $39.38 as a key risk level. "The risk of a pullback grows if $39.38 fails — until then, upside remains in play but I stay alert to reversal signals."

Earlier, analysts noted that eToro was maintaining a bullish technical stance, supported by robust financial performance and strategic expansion efforts despite short-term uncertainties. The current uptrend in both price action and momentum indicators reinforces this outlook, with sustained bullish sentiment likely to drive further gains provided immediate support levels are respected.

Source of Data: ETOR Price Analysis by TU

The analysis is based on a proprietary model combining technical, on-chain, and expert data. Not investment advice. See methodology

The information is based on forecasts and does not constitute investment advice or a guarantee of future results. Market conditions may change. See our Disclaimer and Editorial Integrity for details.