ETOR · eToro Group Ltd.eToro Group Ltd.

ETOR has strong net cash, growing 22% y/y, profitable but down, possibly due to tax loss harvesting, presenting a buying opportunity.

Bullish on NBIS due to $17B contract flowing into a $25B marketcap company; bullish on TGT for dividend calls; bullish on LULU and ETOR as undervalued tax harvesting plays; bullish on TSM for fundamental strength.

Portfolio adds and trades with reasoning for each ticker, including swing trades, DCA, and long-term holds.

Market mispricing ETOR due to tax harvesting, creating buying opportunity.

ETOR is undervalued given 33% cash position and growth similar to IBKR rates; drop is unwarranted.

ETOR is undervalued due to holding $1B+ cash at $3.3B market cap, compounding like IBKR. VIRT is undervalued and serves as an asymmetrical hedge.

ETOR is extremely undervalued by the market; VIRT is down as expected due to low VIX.

The author provides ratings (Strong Buy, Buy, Sell, Strong Sell) with brief explanations for each stock. Overall sentiment is mixed: bullish on names like RDDT, SNAP, AMZN, ETOR, NBIS, LTC and several others with specific catalysts; bearish on TSLA, CRCL, PLTR, BMNR, and quantum/AI hype stocks as overvalued or cult-like.

Author presents a comprehensive trading plan for rate cut week, recommending longs in neocloud, semiconductors, and select other stocks while selling overvalued quantum, space, and crypto assets. Key macro view: market fear is an ideal entry point ahead of expected rate cut.

A comprehensive set of stock ratings for 2026, focusing on recovery plays from tax-loss harvesting and sector tailwinds in AI, semiconductors, data centers, and defense, while avoiding overvalued quantum and retail names.

ETOR is undervalued with $2.6B market cap and $1.2B cash, implying EV of $1.4B. Expected FCF of $350-370M in 2026 gives EV/FCF of 3.9x, which is cheap.

ETOR is undervalued at ~3.9x EV/FCF with a large cash position and growing FCF, making it look absurdly cheap compared to high P/E stocks like Walmart.

ETOR is undervalued with an EV/FCF of 3.9x, backed by strong cash position and growing AUM (76% y/y), positioning it for value appreciation.

Personal stock ratings with detailed commentary: Strong Buy on 14 stocks (SNAP, META, MU, TSM, etc.) citing catalysts like memory supercycle, bottlenecks, and AI tailwinds. Buy on 32 stocks including COIN, SMCI, GOOGL, and several crypto and drone plays. Questionable on VELO and SKYT due to weak fundamentals. Avoid on 11 stocks (UAVS, BKKT, PLTR, etc.) due to dilution, high debt, or overvaluation. Overall bullish on AI, memory, bottlenecks, made-in-America supply chains, and defense, with a long-term view until after midterms.

Israeli stocks are undervalued due to geopolitical risk being overpriced, while fundamentals like AUM growth and FCF are strong, creating a potential sum-of-parts arbitrage opportunity.

Identified valuation disconnects but market disagrees; ETOR and VLN near cash balance, NBIS operating business not priced in.

ETOR is significantly undervalued relative to peers and its own cash pile. With $1.2B net cash, no debt, and a market cap of $2.1B, the brokerage business is valued at ~$900M. Forward EV/EBITDA of ~2.6x is far below the 10-15x range for peers. Q3 net income of $57M implies a rapid earnings multiple compression. AUM growth of 76% Y/Y indicates strong business momentum.

Crypto names have been reset after significant drawdowns, institutions are buying, and it's an opportunity to ride the wave back up.

$ETOR is considered a safe bet due to its high cash balance.

No qualifying thesis event for 45+ days.