Rosenblatt Securities Issues Positive Forecast for Webull (NASDAQ:BULL) Stock Price

Webull (NASDAQ:BULL) had its target price hoisted by stock analysts at Rosenblatt Securities from $12.00 to $13.00 in a report issued on Thursday,Benzinga reports. The firm presently has a “buy” rating on the stock. Rosenblatt Securities’ price objective points to a potential upside of 69.05% from the stock’s current price.

Other analysts have also issued reports about the company. Weiss Ratings lowered Webull from a “sell (d-)” rating to a “sell (e+)” rating in a report on Tuesday, June 23rd. Wall Street Zen lowered Webull from a “hold” rating to a “sell” rating in a report on Saturday, May 2nd. One equities research analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating, one has issued a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average target price of $13.33.

Webull Price Performance

BULL opened at $7.69 on Thursday. Webull has a twelve month low of $4.50 and a twelve month high of $18.32. The firm has a market cap of $4.09 billion, a price-to-earnings ratio of -6.63 and a beta of 0.55. The company has a current ratio of 1.35, a quick ratio of 1.35 and a debt-to-equity ratio of 0.06. The company has a fifty day simple moving average of $6.76 and a 200 day simple moving average of $6.58.

Institutional Trading of Webull

Large investors have recently added to or reduced their stakes in the business. Legal & General Group Plc purchased a new stake in Webull in the 3rd quarter worth about $26,000. NewEdge Advisors LLC lifted its position in shares of Webull by 7.9% in the fourth quarter. NewEdge Advisors LLC now owns 25,918 shares of the company’s stock worth $201,000 after purchasing an additional 1,895 shares in the last quarter. Osaic Holdings Inc. acquired a new stake in shares of Webull during the second quarter worth approximately $30,000. Versant Capital Management Inc boosted its holdings in shares of 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 purchasing an additional 3,255 shares during the period. Finally, Advisory Services Network LLC increased its stake in Webull by 44.7% in the 4th quarter. Advisory Services Network LLC now owns 11,650 shares of the company’s stock valued at $91,000 after buying an additional 3,600 shares during the period. 92.48% of the stock is currently owned by institutional investors.

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.