eToro IPO

Trading
ETORNasdaqFintech and BrokerageListed May 14, 2025

price, listing and company profile

Follow
IPO price$52.00Price range: $46.00 – $50.00
Deal size$620M11,923,018 shares
Valuation$4.2BIPO valuation
  1. IPO filing
  2. Roadshow
  3. Pricing
  4. First trade
  5. Quiet period
  6. Lockup

Performance since IPO

Confirmed share price history

No published trading history yet

IPO recap

Confirmed offering terms

Trading

eToro filed IPO documents on Feb 12, 2025. Confirmed offering terms are shown below.

FiledFeb 12
PricingMay 13
First tradeMay 14
Lockup ends—
IPO price$52.00Confirmed figure
Shares offered11.9MConfirmed figure
First tradeMay 14Confirmed figure
Day-one close—Not confirmed

The short version

Author: Tobias KrügerReviewer: Andreas BergamannEditorial review How we check the data

eToro has traded publicly since 2025-05-14. This profile covers the final price, share count, proceeds, business model, operating context and key risks.

Key takeaway 1

eToro priced 11.9 million shares at $52 and began Nasdaq trading on 14 May 2025.

Key takeaway 2

The business combines brokerage, social investing and crypto exposure.

Key takeaway 3

The offering was upsized and the underwriters exercised the full over-allotment option.

Company in detail

What happened at the IPO

eToro priced its initial public offering at $52.00 per share and began trading on 2025-05-14 on the Nasdaq under ETOR. The final price, base share count and gross size are the confirmed transaction terms; they are separate from later market performance.

The deal included 11,923,018 base shares and an over-allotment option for 1,788,452 additional shares. The upsized deal included new Class A shares and a full over-allotment option; the company completed 13.7 million shares including the option.

Company and products

eToro is Global investing platform for stocks, ETFs, cryptoassets and social investing. Its core offering includes Trading, fractional investing, copy portfolios, crypto services and investor education.

The platform earns from trading activity, spreads, fees and interest while serving users across multiple jurisdictions. The company’s route to scale therefore depends on both product demand and the operating discipline needed to serve that demand.

Capital, ownership and use of proceeds

The registration materials described the capital structure and the distinction between new shares and shares sold by existing holders. Technology, marketing, regulatory capital, working capital and general corporate purposes.

The headline gross offering value is not the same as cash retained by the issuer. Underwriting discounts, offering expenses, selling-stockholder proceeds and any concurrent securities must be read separately in the final prospectus.

Financial and operating lens

2024 active accounts: 3.5M+ active accounts. A company profile cited more than 3.5 million active accounts across 75 countries at the end of 2024.

The public-market analysis should connect this operating measure to revenue quality, cash conversion, customer or user retention and the cost of expanding the platform. IPO proceeds can extend the runway, but they do not remove execution risk.

Why this IPO matters

eToro converted a social-investing brand into a public fintech with direct exposure to retail activity and crypto-market cycles.

The main questions after the first trade are whether the company can deliver on its stated growth plan, preserve service quality and turn the IPO story into durable public-company results.

  • Trading activity, regulation and user acquisition economics shape the public-market profile.

Operating metrics

2024 active accounts

3.5M+ active accounts

A company profile cited more than 3.5 million active accounts across 75 countries at the end of 2024.

Dec 31, 2024

Company profile

Founded
2007
Legal name
eToro Group Ltd.
Listing
Nasdaq · ETOR
Headquarters
Central District, Israel
Business
Global investing platform for stocks, ETFs, cryptoassets and social investing.
Products
Trading, fractional investing, copy portfolios, crypto services and investor education.
IPO structure
The upsized deal included new Class A shares and a full over-allotment option; the company completed 13.7 million shares including the option.
Use of proceeds
Technology, marketing, regulatory capital, working capital and general corporate purposes.
First trade
2025-05-14
Employees
No published figure
Website

Timeline

  1. Public registration filed

    eToro moved from private preparation into a public registration process. Filing terms were preliminary and subject to later pricing.

  2. IPO priced

    eToro announced a final price of $52.00 per share for the base offering.

  3. First trading day

    The shares began trading on Nasdaq under ETOR.

  4. Closing confirmed

    The issuer confirmed completion of the offering and the final capital-market structure.

2024 active accounts

3.5M+ active accounts

A company profile cited more than 3.5 million active accounts across 75 countries at the end of 2024.

Base shares offered

11,923,018

Base deal size at the final price; the over-allotment option is shown separately.

Final IPO price

$52.00per share

Final public offering price announced on 2025-05-13; this is the offer price, not a current market quote.

Employees

—

No published figure

Net income

—

No published figure

Operating cash flow

—

No published figure

Financials

No complete financial history available

Revenue
Financial history unavailableComparable financial periods will appear here when available.
No comparable financial series

Available dated disclosures are included in the company overview. View disclosures →

Valuation & peers

Price-to-sales, revenue growth and gross margin

Comparable metrics unavailableComparable company figures for the same date are not available.
Revenue growth (%)
Reported peer metrics
CompanyP/SGrowthGM
eToro———
No published peer comparison

Context: Private financing valuations and modeled market values do not establish an IPO valuation. Revenue run-rate is not used here to calculate a price-to-sales ratio.

Private valuation and funding details

Final IPO price

$52.00 per share

Final public offering price announced on 2025-05-13; this is the offer price, not a current market quote.

Base shares offered

11,923,018

Base deal size at the final price; the over-allotment option is shown separately.

Gross base offering

$620.0M

Gross base offering value calculated from the disclosed base share count and IPO price; it is not net proceeds.

IpoHub score

How we score
Balance sheet—
Growth—
Community—
Profitability—
Valuation—

Individual category scores are not available.

Where the money goes

Use of proceeds—
Allocation percentages—
Net proceeds—

See the reported use of IPO proceeds below.

Reported use of proceeds
use
Technology, marketing, regulatory capital, working capital and general corporate purposes.
structure
The upsized deal included new Class A shares and a full over-allotment option; the company completed 13.7 million shares including the option.

Key risks

Editorial analysis

Market activity

Revenue can rise and fall with trading volumes, volatility and crypto prices.

ANALYSIS

Regulation

Licensing, consumer-protection and crypto rules vary by country.

ANALYSIS

Client assets and trust

Operational or custody failures could damage the platform’s reputation.

ANALYSIS

Acquisition cost

Retail growth depends on marketing efficiency and user engagement.

ANALYSIS

Final deal terms

Ticker
ETOR
Exchange
Nasdaq
IPO valuation
$4.2B
IPO price
$52.00
Price range
$46.00 – $50.00
Pricing date
May 13, 2025
First trading day
May 14, 2025
Shares offered
11,923,018
Deal size
$620M
Underwriters
Not confirmed
Greenshoe shares
1,788,452
Lockup
Not confirmed
Quiet period expirations
Not confirmed

eToro IPO: where and how to invest

Where can I invest in the eToro IPO?

eToro shares have a confirmed trading start on Nasdaq under the ticker ETOR. You can buy through a broker that supports that market and makes the shares available to your account. Check the venue, fees and current quote; the market price can differ from the original IPO offer price.

Can I buy eToro shares now?

eToro's public trading start is confirmed. Whether you can buy the stock in your account depends on your broker's market access and account rules. A stock-market order buys at available market prices; it is not an IPO allocation at the original offering price.

When is the eToro IPO?

eToro's confirmed first trading day was May 14, 2025. The offering was priced on May 13, 2025.

What is the eToro IPO share price?

eToro's confirmed IPO offer price is $52.00 per share. This is the offering price, not a live stock-market quote.

What is eToro's stock ticker and exchange?

The ticker recorded in this profile is ETOR. The exchange recorded here is Nasdaq.

Can I buy eToro shares before the IPO?

The eToro offering tracked here already has a confirmed trading start. Buying on the stock market now is therefore not a pre-IPO investment. Check the current quote and available share class with your broker.

Where can I find the eToro IPO prospectus?

Check eToro's official investor-relations announcements and publications from the relevant regulator and exchange. A confidential submission or an announcement about it is not a publicly available prospectus. Before subscribing, read the final prospectus for the risks, price, share class and offering terms.

More questions about the eToro IPO

What is eToro?

eToro is a multi-asset investing platform with social and copy-investing features.

What was the IPO price?

The final IPO price was $52 per share.

How many shares were sold?

The base deal contained 11.9 million shares, with an additional over-allotment option.

What is the main risk?

Trading volume and revenue can be highly sensitive to markets, regulation and user acquisition costs.

Similar IPOs

All IPOs →
—Rumored

Airwallex

—IPO date not confirmed
—Rumored

Anduril

—IPO date not confirmed
—Filed

Anthropic

—IPO date not confirmed

Not investment advice. Private market prices are dated model estimates. Community votes are not a recommendation.