BofA’s Top Pick in European Platforms Seen Poised for Upgrade

BofA Securities named flatexDEGIRO its top pick in European retail trading platforms, saying strong trading activity, elevated volatility and structural growth are driving customer engagement and transaction volumes. The bank expects trading volumes to continue exceeding management targets and is penciling in a potential guidance upgrade, forecasting revenue and net income above current company guidance. BofA also anticipates customer growth to accelerate in H2 2026 due to lower acquisition costs, geographic expansion and possible benefits from Germany’s pension reforms. The brokerage’s positive stance could boost the stock and sentiment across European platform peers, supporting sector earnings momentum and valuation reassessments if the upgraded guidance materializes.