Wall Street Zen Upgrades Webull (NASDAQ:BULL) to Hold

Key Points

• Wall Street Zen upgraded Webull from “Sell” to “Hold.” Overall analyst sentiment remains “Moderate Buy,” with a consensus price target of $14.00.
• Webull reported a strong quarter, with revenue up 51.2% year over year to $198.83 million and EPS of $0.12, beating estimates by $0.11.
• Despite improved results and customer growth, analysts caution that Webull’s rally has pushed its valuation higher relative to expected growth; shares opened at $8.78 and carry a price-to-earnings ratio of 109.76.

Webull (NASDAQ:BULL - Get Free Report) was upgraded by equities research analysts at Wall Street Zen from a "sell" rating to a "hold" rating in a research report issued on Saturday.

BULL has been the subject of a number of other research reports. Weiss Ratings upgraded Webull from a "sell (e+)" rating to a "sell (d-)" rating in a research report on Wednesday. Rosenblatt Securities lifted their price target on shares of Webull from $13.00 to $15.00 and gave the stock a "buy" rating in a report on Thursday. One analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating, one has given a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, the company has an average rating of "Moderate Buy" and a consensus price target of $14.00.

Webull Stock Down 0.8%

Shares of NASDAQ BULL opened at $8.78 on Friday. Webull has a 52 week low of $4.50 and a 52 week high of $16.04. The firm has a 50-day moving average price of $7.40 and a 200 day moving average price of $6.53. The stock has a market capitalization of $4.67 billion, a price-to-earnings ratio of 109.76 and a beta of 0.53.

Webull (NASDAQ:BULL - Get Free Report) last posted its earnings results on Wednesday, August 19th. The company reported $0.12 EPS for the quarter, topping analysts' consensus estimates of $0.01 by $0.11. Webull had a return on equity of 5.95% and a net margin of 6.26%.The company had revenue of $198.83 million for the quarter. The company's revenue for the quarter was up 51.2% compared to the same quarter last year. Equities research analysts expect that Webull will post 0.06 EPS for the current fiscal year.

Institutional Trading of Webull

A number of institutional investors have recently modified their holdings of the company. Legal & General Group Plc acquired a new stake in Webull during the 3rd quarter worth approximately $26,000. NewEdge Advisors LLC lifted its position in Webull by 7.9% during the fourth quarter. NewEdge Advisors LLC now owns 25,918 shares of the company's stock valued at $201,000 after buying an additional 1,895 shares in the last quarter. Osaic Holdings Inc. purchased a new stake in Webull during the second quarter worth approximately $30,000. Versant Capital Management Inc grew its stake in Webull by 79.8% during the second quarter. Versant Capital Management Inc now owns 7,335 shares of the company's stock worth $48,000 after buying an additional 3,255 shares during the period. Finally, Advisory Services Network LLC increased its position in shares of Webull by 44.7% in the fourth quarter. Advisory Services Network LLC now owns 11,650 shares of the company's stock worth $91,000 after acquiring an additional 3,600 shares in the last quarter. Hedge funds and other institutional investors own 92.48% of the company's stock.

Webull News Summary

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.

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