Webull (NASDAQ:BULL) Sees Large Volume Increase - Here's What Happened

Key Points

• Webull delivered strong second-quarter results: Revenue rose 51% year over year to approximately $198.8 million, EPS beat estimates by $0.11, and the company swung to $24.4 million in net income.
• Trading activity accelerated significantly: Trading-related revenue increased 66%, equity volume rose 73%, options volume climbed 68%, and customer assets reached $28.5 billion across 5.13 million funded accounts.
• Investor sentiment is broadly positive but carries risks: Rosenblatt raised its price target to $15 and rated the stock “Buy,” while the consensus rating is “Moderate Buy”; however, insider selling, mixed institutional activity, and some analyst “Sell” ratings warrant caution.

Webull Corporation (NASDAQ:BULL - Get Free Report) saw unusually-strong trading volume on Friday . 6,570,433 shares were traded during trading, a decline of 45% from the previous session's volume of 12,051,084 shares.The stock last traded at $9.37 and had previously closed at $8.85.

Key Stories Impacting Webull

Here are the key news stories impacting Webull this week:

• Positive Sentiment: Record earnings and revenue: Webull reported second-quarter revenue of approximately $198.8 million, up 51% year over year, while earnings significantly exceeded analyst expectations. The company also swung to $24.4 million in net income from a loss in the prior-year quarter. Webull Reports Second Quarter 2026 Financial Results
• Positive Sentiment: Trading activity accelerated: Trading-related revenue increased 66%, equity volume rose 73%, options volume climbed 68%, and daily average revenue trades reached 1.6 million. Customer assets increased to $28.5 billion, with 5.13 million funded accounts. The removal of the pattern day-trader restriction was cited as a driver of higher activity. Webull stock jumps after record trading volume drives record Q2 revenue
• Positive Sentiment: Crypto market tailwind: Bitcoin’s sharp breakout is lifting retail brokerage shares, potentially supporting Webull’s transaction revenue and customer engagement. Robinhood Advances 5%, Webull Ticks Up as Bitcoin's Breakout Lifts Retail Brokerages
• Positive Sentiment: Investor positioning is supportive: Trading in Webull call options was unusually heavy, and Rosenblatt Securities issued a “Buy” rating. The company also repurchased approximately 1.82 million shares during the quarter. Investors Buy High Volume of Webull Call Options
• Neutral Sentiment: Institutional activity was mixed: Some large investors, including BlackRock and Citigroup, increased their positions, while other funds reduced or eliminated holdings.
• Negative Sentiment: Insider selling warrants caution: Webull President Anthony Denier reportedly sold 75,000 shares, creating a modest counterweight to the otherwise bullish earnings and trading-volume news.

Analyst Ratings Changes

Several research analysts have recently issued reports on BULL shares. Rosenblatt Securities raised their target price on shares of Webull from $13.00 to $15.00 and gave the stock a "buy" rating in a report on Thursday. Weiss Ratings raised Webull from a "sell (e+)" rating to a "sell (d-)" rating in a research report on Wednesday. Finally, Wall Street Zen downgraded shares of Webull from a "hold" rating to a "sell" rating in a research report on Saturday, May 2nd. One investment analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating, one has assigned a Hold rating and one has issued a Sell rating to the company's stock. Based on data from MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and a consensus target price of $14.00.

Webull Trading Up 2.9%

The firm has a 50 day simple moving average of $7.35 and a 200 day simple moving average of $6.52. The firm has a market capitalization of $4.84 billion, a PE ratio of 113.89 and a beta of 0.53. The company has a current ratio of 1.35, a quick ratio of 1.35 and a debt-to-equity ratio of 0.06.

Webull (NASDAQ:BULL - Get Free Report) last posted its earnings results on Wednesday, August 19th. The company reported $0.12 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.01 by $0.11. The business had revenue of $198.83 million for the quarter. Webull had a net margin of 6.26% and a return on equity of 6.00%. The business's quarterly revenue was up 51.2% on a year-over-year basis. Equities analysts expect that Webull Corporation will post 0.06 earnings per share for the current fiscal year.

Institutional Trading of Webull

Several large investors have recently added to or reduced their stakes in BULL. Yong Rong HK Asset Management Ltd purchased a new stake in Webull in the 4th quarter worth approximately $38,850,000. State Street Corp increased its holdings in shares of Webull by 23,123.1% in the 4th quarter. State Street Corp now owns 4,342,717 shares of the company's stock worth $33,743,000 after buying an additional 4,324,017 shares during the last quarter. Goldman Sachs Group Inc. lifted its stake in shares of Webull by 491.2% in the 4th quarter. Goldman Sachs Group Inc. now owns 2,675,558 shares of the company's stock valued at $20,789,000 after purchasing an additional 3,359,441 shares during the last quarter. Geode Capital Management LLC boosted its stake in Webull by 938.5% during the fourth quarter. Geode Capital Management LLC now owns 3,633,150 shares of the company's stock worth $28,230,000 after buying an additional 3,283,295 shares during the period. Finally, Millennium Management LLC grew its holdings in Webull by 336.5% during the 4th quarter. Millennium Management LLC now owns 3,433,314 shares of the company's stock valued at $26,677,000 after purchasing an additional 2,646,701 shares during the last quarter. 92.48% of the stock is currently owned by institutional investors.

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.

Continue following MarketBeat

Add MarketBeat as your preferred source on Google to see our latest stories in your feed.

Add As Preferred Source