Webull (NASDAQ:BULL) Given Buy Rating at Rosenblatt Securities

Rosenblatt Securities reaffirmed their buy rating on shares of Webull (NASDAQ:BULL) in a research report report published on Tuesday morning,Benzinga reports. Rosenblatt Securities currently has a $12.00 price target on the stock.

BULL has been the subject of several other reports. Wall Street Zen upgraded shares of Webull from a “sell” rating to a “hold” rating in a report on Sunday, March 15th. Zacks Research lowered shares of Webull from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, February 10th. Compass Point assumed coverage on shares of Webull in a research report on Monday, March 9th. They issued a “buy” rating and a $9.00 price target for the company. Finally, Weiss Ratings reissued a “sell (d-)” rating on shares of Webull in a research report on Friday, March 27th. One research analyst has rated the stock with a Strong Buy rating, two have given a Buy rating, one has given a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average target price of $13.00.

Webull Stock Performance

Shares of BULL opened at $7.02 on Tuesday. Webull has a one year low of $4.50 and a one year high of $33.33. The company has a 50-day moving average of $5.57 and a two-hundred day moving average of $7.89. The stock has a market cap of $3.68 billion, a price-to-earnings ratio of -5.95 and a beta of 0.11. The company has a debt-to-equity ratio of 0.06, a current ratio of 1.33 and a quick ratio of 1.33.

Hedge Funds Weigh In On Webull

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Independent Advisor Alliance raised its position in Webull by 9.3% during the third quarter. Independent Advisor Alliance now owns 15,920 shares of the company’s stock valued at $235,000 after acquiring an additional 1,350 shares in the last quarter. Legal & General Group Plc bought a new position in Webull during the third quarter valued at approximately $26,000. NewEdge Advisors LLC raised its position in Webull by 7.9% during the fourth quarter. NewEdge Advisors LLC now owns 25,918 shares of the company’s stock valued at $201,000 after acquiring an additional 1,895 shares in the last quarter. Osaic Holdings Inc. bought a new position in Webull during the second quarter valued at approximately $30,000. Finally, Jones Financial Companies Lllp raised its position in Webull by 860.7% during the third quarter. Jones Financial Companies Lllp now owns 2,959 shares of the company’s stock valued at $45,000 after acquiring an additional 2,651 shares in the last quarter. Institutional investors own 92.48% of the company’s stock.

About Webull

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.