Webull (NASDAQ:BULL) Reaches New 52-Week Low After Analyst Downgrade

Key Points

• Webull (NASDAQ:BULL) hit a new 52-week low after Rosenblatt Securities cut its price target from $15 to $12; the stock traded as low as $5.46 and last at $5.52 on volume of about 6.63 million shares.
• Analyst sentiment is mixed — MarketBeat shows an average rating of Moderate Buy with a $15 average target, while recent notes include upgrades to hold, a Weiss "sell (d-)," and a Zacks downgrade to hold.
• Institutional ownership is very high at 92.48%; the company has a market cap of $2.78 billion, a negative PE of -4.69, low debt-to-equity (0.10), and current/quick ratios of 1.40.

Webull Corporation (NASDAQ:BULL - Get Free Report)'s stock price reached a new 52-week low during trading on Friday after Rosenblatt Securities lowered their price target on the stock from $15.00 to $12.00. Rosenblatt Securities currently has a buy rating on the stock. Webull traded as low as $5.46 and last traded at $5.52, with a volume of 6628638 shares. The stock had previously closed at $5.73.

Other equities research analysts have also recently issued research reports about the stock. Wall Street Zen upgraded shares of Webull from a "strong sell" rating to a "hold" rating in a report on Sunday, November 23rd. Weiss Ratings restated a "sell (d-)" rating on shares of Webull in a research note on Monday, December 29th. Finally, Zacks Research cut shares of Webull from a "strong-buy" rating to a "hold" rating in a research note on Tuesday, February 10th. One equities research analyst has rated the stock with a Strong Buy rating, one has given a Buy rating, one has given a Hold rating and one has assigned a Sell rating to the company's stock. Based on data from MarketBeat.com, the company currently has an average rating of "Moderate Buy" and an average target price of $15.00.

Hedge Funds Weigh In On Webull

Several large investors have recently made changes to their positions in BULL. Legal & General Group Plc purchased a new stake in shares of Webull during the third quarter valued at $26,000. Osaic Holdings Inc. purchased a new stake in Webull in the 2nd quarter valued at about $30,000. Los Angeles Capital Management LLC bought a new position in Webull in the 4th quarter worth about $34,000. Jones Financial Companies Lllp increased its position in shares of Webull by 860.7% during the third quarter. Jones Financial Companies Lllp now owns 2,959 shares of the company's stock worth $45,000 after acquiring an additional 2,651 shares during the period. Finally, Tower Research Capital LLC TRC bought a new stake in shares of Webull during the second quarter valued at approximately $69,000. 92.48% of the stock is currently owned by hedge funds and other institutional investors.

Webull Stock Down 3.3%

The stock has a market cap of $2.78 billion, a PE ratio of -4.69 and a beta of -0.04. The business has a fifty day moving average of $7.10 and a 200-day moving average of $9.95. The company has a debt-to-equity ratio of 0.10, a current ratio of 1.40 and a quick ratio of 1.40.

Webull Company Profile

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.

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