Webull (NASDAQ:BULL) Raised to Hold at Wall Street Zen

Webull (NASDAQ:BULL) was upgraded by analysts at Wall Street Zen from a “sell” rating to a “hold” rating in a note issued to investors on Saturday.

Several other equities analysts have also issued reports on BULL. Weiss Ratings raised Webull from a “sell (e+)” rating to a “sell (d-)” rating in a report on Wednesday. Rosenblatt Securities boosted their target price on Webull from $13.00 to $15.00 and gave the company a “buy” rating in a report on Thursday. One analyst has rated the stock with a Strong Buy rating, two have given a Buy rating, one has given a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average target price of $14.00.

Webull Stock Performance

BULL opened at $8.78 on Friday. The company has a market cap of $4.67 billion, a P/E ratio of 109.76 and a beta of 0.53. Webull has a one year low of $4.50 and a one year high of $16.04. The business’s 50-day simple moving average is $7.40 and its 200-day simple moving average is $6.53.

Webull (NASDAQ:BULL) last released its quarterly earnings data on Wednesday, August 19th. The company reported $0.12 earnings per share for the quarter, topping analysts’ consensus estimates of $0.01 by $0.11. The company had revenue of $198.83 million for the quarter. Webull had a net margin of 6.26% and a return on equity of 5.95%. Webull’s quarterly revenue was up 51.2% compared to the same quarter last year. As a group, analysts predict that Webull will post 0.06 earnings per share for the current fiscal year.

Institutional Investors Weigh In On Webull

A number of institutional investors and hedge funds have recently made changes to their positions in the business. Quantinno Capital Management LP acquired a new stake in Webull during the 1st quarter worth approximately $1,584,000. Yong Rong HK Asset Management Ltd acquired a new position in shares of Webull in the fourth quarter valued at approximately $38,850,000. Renaissance Technologies LLC increased its holdings in shares of Webull by 321.3% in the first quarter. Renaissance Technologies LLC now owns 1,535,199 shares of the company’s stock valued at $7,369,000 after purchasing an additional 1,170,799 shares during the period. Virtu Financial LLC purchased a new stake in shares of Webull during the fourth quarter worth approximately $799,000. Finally, Healthcare of Ontario Pension Plan Trust Fund raised its stake in shares of Webull by 112.6% during the first quarter. Healthcare of Ontario Pension Plan Trust Fund now owns 738,600 shares of the company’s stock worth $3,545,000 after purchasing an additional 391,236 shares during the last quarter. 92.48% of the stock is owned by hedge funds and other institutional investors.

Key Stories Impacting Webull

Here are the key news stories impacting Webull this week:

• Positive Sentiment: Webull reported its strongest quarter as a public company, with second-quarter revenue reaching a record $198.8 million, up 51% year over year. Earnings exceeded analyst expectations, while net income improved to $24.4 million from a $28.3 million loss a year earlier. Webull Q2 revenue and net income report
• Positive Sentiment: Strong customer activity drove the results: options volume increased 68% to 213 million contracts, equity volume reached $279 billion, customer assets rose 79% to $28.5 billion, and funded accounts grew to 5.13 million. Trading-related income also increased 66% year over year. Webull record trading volume report
• Positive Sentiment: A regulatory development that may increase trading activity, along with a Bitcoin breakout boosting retail-investor engagement, provided additional support for online brokerage stocks. Rosenblatt Securities also assigned Webull a “Buy” rating. Webull trading activity and regulatory changes
• Neutral Sentiment: Investors bought a high volume of BULL call options, signaling increased bullish speculation but also potentially contributing to short-term volatility. Webull call options report
• Negative Sentiment: Despite the strong quarter, analysts caution that the recent rally has substantially expanded Webull’s valuation relative to its expected growth. One analysis downgraded the shares to a fair-value view, raising concerns that much of the earnings improvement may already be reflected in the stock. Webull fair value downgrade

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.