Webull (NASDAQ:BULL) Stock Price Up 9.5% – Still a Buy?

Webull Corporation (NASDAQ:BULL) shares were up 9.5% on Wednesday . The company traded as high as $5.88 and last traded at $6.0220. Approximately 2,045,177 shares were traded during mid-day trading, a decline of 83% from the average daily volume of 12,225,116 shares. The stock had previously closed at $5.50.

Analyst Ratings Changes

A number of research analysts have weighed in on BULL shares. Compass Point started coverage on shares of Webull in a research note on Monday, March 9th. They issued a “buy” rating and a $9.00 target price on the stock. Rosenblatt Securities reissued a “buy” rating and issued a $12.00 target price on shares of Webull in a research note on Wednesday. Wall Street Zen lowered shares of Webull from a “hold” rating to a “sell” rating in a research note on Saturday, May 2nd. Finally, Weiss Ratings raised shares of Webull from a “sell (e+)” rating to a “sell (d-)” rating in a research note on Wednesday, June 3rd. One equities research analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating, one has issued a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat, Webull has an average rating of “Moderate Buy” and a consensus price target of $13.00.

Webull Price Performance

The stock’s fifty day moving average price is $6.34 and its 200-day moving average price is $6.92. The firm has a market cap of $3.58 billion, a price-to-earnings ratio of -5.80 and a beta of 0.56. The company has a current ratio of 1.35, a quick ratio of 1.35 and a debt-to-equity ratio of 0.06.

Institutional Trading of Webull

Hedge funds and other institutional investors have recently made changes to their positions in the company. Lunate Capital Ltd acquired a new stake in shares of Webull during the 3rd quarter worth approximately $231,084,000. Azora Capital LP increased its holdings in shares of Webull by 326.8% during the 3rd quarter. Azora Capital LP now owns 3,289,043 shares of the company’s stock worth $48,645,000 after buying an additional 2,518,468 shares during the last quarter. Yong Rong HK Asset Management Ltd acquired a new stake in shares of Webull during the 4th quarter worth approximately $38,850,000. SG Americas Securities LLC increased its holdings in shares of Webull by 3,486.6% during the 4th quarter. SG Americas Securities LLC now owns 413,279 shares of the company’s stock worth $3,211,000 after buying an additional 401,756 shares during the last quarter. Finally, Cantor Fitzgerald L. P. acquired a new stake in shares of Webull during the 3rd quarter worth approximately $1,475,000. Institutional investors and hedge funds own 92.48% of the company’s stock.

About Webull

Webull Financial LLC is a commission-free online brokerage platform that provides individual investors with access to U.S. equities, exchange-traded funds (ETFs), options, and cryptocurrencies. Through its mobile and desktop applications, the company offers real-time market data, advanced charting tools, customizable watchlists, and streamlined order execution. Webull’s platform is designed to support both self-directed traders and investors seeking an intuitive interface coupled with professional-grade analytics.

In addition to its core trading services, Webull delivers educational resources and research tools to help users make informed decisions.