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

Wall Street Zen upgraded shares of Webull (NASDAQ:BULLFree Report) from a sell rating to a hold rating in a research note issued to investors on Saturday.

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

Check Out Our Latest Report on Webull

Webull Price Performance

Shares of NASDAQ BULL opened at $8.78 on Friday. Webull has a one year low of $4.50 and a one year high of $16.04. The firm’s 50 day simple moving average is $7.40 and its two-hundred day simple moving average is $6.53. The stock has a market capitalization of $4.67 billion, a P/E ratio of 109.76 and a beta of 0.53.

Webull (NASDAQ:BULLGet Free Report) last posted its quarterly earnings results on Wednesday, August 19th. The company reported $0.12 EPS for the quarter, topping the consensus estimate of $0.01 by $0.11. The firm 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 revenue was up 51.2% compared to the same quarter last year. As a group, equities analysts expect that Webull will post 0.06 earnings per share for the current fiscal year.

Institutional Trading of Webull

Several hedge funds and other institutional investors have recently bought and sold shares of BULL. Legal & General Group Plc purchased a new stake in shares of Webull during the third quarter valued at approximately $26,000. Osaic Holdings Inc. purchased a new position in shares of Webull in the second quarter worth $30,000. Los Angeles Capital Management LLC purchased a new position in shares of Webull in the fourth quarter worth $34,000. Ritter Alpha LP purchased a new position in shares of Webull in the first quarter worth $48,000. Finally, Versant Capital Management Inc raised its holdings in Webull by 79.8% during the 2nd quarter. Versant Capital Management Inc now owns 7,335 shares of the company’s stock valued at $48,000 after buying an additional 3,255 shares during the last quarter. Institutional investors own 92.48% of the company’s stock.

Trending Headlines about 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

(Get Free Report)

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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Analyst Recommendations for Webull (NASDAQ:BULL)

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