Analysts Set Webull Corporation (NASDAQ:BULL) Price Target at $13.00

Shares of Webull Corporation (NASDAQ:BULL) have earned an average recommendation of “Moderate Buy” from the five brokerages that are covering the firm, MarketBeat Ratings reports. One research analyst has rated the stock with a sell rating, one has assigned a hold rating, two have given a buy rating and one has assigned a strong buy rating to the company. The average 12 month price objective among brokerages that have updated their coverage on the stock in the last year is $13.00.

Several research firms have issued reports on BULL. Zacks Research downgraded Webull from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, February 10th. Rosenblatt Securities reduced their price objective on Webull from $15.00 to $12.00 and set a “buy” rating for the company in a research report on Thursday, March 5th. Compass Point assumed coverage on Webull in a report on Monday. They set a “buy” rating and a $9.00 price objective for the company. Weiss Ratings reissued a “sell (d-)” rating on shares of Webull in a research report on Monday, December 29th. Finally, Wall Street Zen cut Webull from a “hold” rating to a “sell” rating in a research note on Saturday, March 7th.

Webull Trading Down 0.4%

BULL opened at $5.48 on Monday. The stock has a market capitalization of $2.75 billion, a P/E ratio of -4.64 and a beta of -0.04. Webull has a 12 month low of $5.33 and a 12 month high of $79.56. The firm’s fifty day simple moving average is $6.90 and its 200 day simple moving average is $9.65. The company has a current ratio of 1.33, a quick ratio of 1.40 and a debt-to-equity ratio of 0.06.

Institutional Inflows and Outflows

Several large investors have recently added to or reduced their stakes in BULL. Caitong International Asset Management Co. Ltd acquired a new stake in Webull in the 4th quarter valued at $180,000. Virtu Financial LLC bought a new stake in Webull during the 4th quarter worth about $799,000. Invesco Ltd. acquired a new position in shares of Webull during the 4th quarter worth about $1,458,000. Vident Advisory LLC grew its holdings in shares of Webull by 345.8% in the 4th quarter. Vident Advisory LLC now owns 77,576 shares of the company’s stock valued at $603,000 after acquiring an additional 60,174 shares in the last quarter. Finally, Mackenzie Financial Corp bought a new position in shares of Webull in the 4th quarter valued at about $134,000. Institutional investors and hedge funds 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.