Webull (NASDAQ:BULL) Upgraded at Zacks Research

Zacks Research upgraded shares of Webull (NASDAQ:BULL) from a hold rating to a strong-buy rating in a research report sent to investors on Monday,Zacks.com reports.

A number of other equities research analysts have also issued reports on the stock. Weiss Ratings reiterated a “sell (d-)” rating on shares of Webull in a report on Monday, December 29th. Rosenblatt Securities reduced their price objective on Webull from $19.00 to $15.00 and set a “buy” rating on the stock in a research note on Friday, November 21st. Finally, Wall Street Zen upgraded Webull from a “strong sell” rating to a “hold” rating in a report on Sunday, November 23rd. Two analysts have rated the stock with a Strong Buy rating, two have given a Buy rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat, the company has a consensus rating of “Buy” and an average target price of $16.50.

Webull Stock Up 2.4%

Shares of BULL opened at $8.39 on Monday. The company’s 50-day simple moving average is $8.79 and its 200-day simple moving average is $11.87. The company has a debt-to-equity ratio of 0.10, a quick ratio of 1.40 and a current ratio of 1.40. Webull has a 1 year low of $7.57 and a 1 year high of $79.56. The stock has a market capitalization of $4.21 billion, a PE ratio of -7.49 and a beta of -0.10.

Institutional Inflows and Outflows

Hedge funds have recently made changes to their positions in the business. SG Americas Securities LLC lifted its stake in Webull by 3,486.6% during the fourth quarter. SG Americas Securities LLC now owns 413,279 shares of the company’s stock worth $3,211,000 after purchasing an additional 401,756 shares during the last quarter. FNY Investment Advisers LLC lifted its position in shares of Webull by 40.1% during the 3rd quarter. FNY Investment Advisers LLC now owns 45,000 shares of the company’s stock worth $665,000 after buying an additional 12,881 shares during the last quarter. Cantor Fitzgerald L. P. acquired a new position in shares of Webull in the 3rd quarter valued at $1,475,000. Lunate Capital Ltd purchased a new position in shares of Webull in the 3rd quarter valued at $231,084,000. Finally, Advisory Services Network LLC purchased a new position in shares of Webull in the 3rd quarter valued at $119,000. Hedge funds and other institutional investors own 92.48% of the company’s stock.

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.