eToro made a strong debut on the Nasdaq on May 14, 2025. The Israel-based trading platform, known for its social trading features and cryptocurrency offerings, priced its initial public offering (IPO) at \$52 per share, above the anticipated range of \$46 to \$50. The stock opened at \$69.69, a 34% premium over the IPO price, and closed at \$67, marking a 29% increase on its first day of trading .
eToro sold approximately 11.9 million shares in the IPO, raising around \$620 million. The offering was led by major financial institutions, including Goldman Sachs, Jefferies, UBS, and Citigroup . The company's valuation reached approximately \$5.5 billion following the IPO.
Founded in 2007, eToro has grown to serve over 40 million users across 75 countries. The platform allows users to trade stocks, cryptocurrencies, and other assets, and is particularly known for its "CopyTrader" feature, which enables users to replicate the trades of experienced investors. In 2024, eToro reported significant financial growth, with net income rising to \$192.4 million from \$15.26 million in 2023, and revenues increasing from \$3.43 billion to \$12.64 billion .
The successful IPO is seen as a positive sign for the fintech sector and the broader IPO market, which had experienced a slowdown due to recent market uncertainties. eToro's strong market entry reflects renewed investor optimism and could signal a resurgence in public listings .