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eToro IPO Smashes Expectations at $52/Share—Wall Street Underpriced This One

eToro IPO Smashes Expectations at $52/Share—Wall Street Underpriced This One

Author:
Coindesk
Published:
2025-05-14 00:02:08
14
3

EToro Goes Public At $52 A Share, Far Exceeding Marketed Range

Retail trading darling eToro just flexed on its IPO bankers—pricing 30% above the marketed range. Guess those ’sophisticated institutional valuations’ missed the memo on Main Street’s appetite.

The platform that turned meme-stock chaos into a business model is now worth $10.4 billion. Cue the Goldman Sachs analysts quietly updating their spreadsheets.

Pro tip for the suits: next time, maybe check what’s trending on r/WallStreetBets before setting the range. Just saying.

|Square

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