Brokerages Set Webull Corporation (NASDAQ:BULL) PT at $13.00

Shares of Webull Corporation (NASDAQ:BULL) have been assigned a consensus rating of “Moderate Buy” from the five ratings firms that are presently covering the firm, Marketbeat Ratings reports. One investment analyst has rated the stock with a sell recommendation, one has given a hold recommendation, two have issued a buy recommendation and one has issued a strong buy recommendation on the company. The average 12 month target price among analysts that have updated their coverage on the stock in the last year is $13.00.

A number of equities research analysts have commented on BULL shares. Compass Point initiated coverage on shares of Webull in a research report on Monday, March 9th. They issued a “buy” rating and a $9.00 target price for the company. Rosenblatt Securities decreased their target price on shares of Webull from $15.00 to $12.00 and set a “buy” rating on the stock in a research note on Thursday, March 5th. Weiss Ratings reissued a “sell (d-)” rating on shares of Webull in a research note on Friday, March 27th. Zacks Research downgraded shares of Webull from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, February 10th. Finally, Wall Street Zen upgraded shares of Webull from a “sell” rating to a “hold” rating in a research note on Sunday, March 15th.

Institutional Investors Weigh In On Webull

Several hedge funds and other institutional investors have recently modified their holdings of the business. Geode Capital Management LLC purchased a new position in shares of Webull during the second quarter worth approximately $3,810,000. Quantbot Technologies LP purchased a new position in shares of Webull in the 2nd quarter worth approximately $71,000. Marshall Wace LLP acquired a new position in shares of Webull during the second quarter worth $14,771,000. Sassicaia Capital Advisers LLC acquired a new position in Webull during the 2nd quarter valued at about $1,770,000. Finally, Azora Capital LP acquired a new stake in Webull in the 2nd quarter worth approximately $9,216,000. 92.48% of the stock is currently owned by hedge funds and other institutional investors.

Webull Stock Performance

Webull stock opened at $4.82 on Friday. Webull has a 12 month low of $4.50 and a 12 month high of $79.56. The business’s fifty day simple moving average is $5.85 and its two-hundred day simple moving average is $8.60. The company has a market capitalization of $2.42 billion, a price-to-earnings ratio of -4.08 and a beta of 0.11. The company has a current ratio of 1.33, a quick ratio of 1.40 and a debt-to-equity ratio of 0.06.

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.