Webull (NASDAQ:BULL) Shares Gap Up After Strong Earnings

Webull Corporation (NASDAQ:BULL)’s share price gapped up before the market opened on Thursday following a better than expected earnings announcement. The stock had previously closed at $8.64, but opened at $9.94. Webull shares last traded at $9.5750, with a volume of 13,965,437 shares.

The company reported $0.12 earnings per share for the quarter, beating analysts’ consensus estimates of $0.01 by $0.11. The business had revenue of $198.83 million for the quarter. Webull had a positive return on equity of 2.44% and a negative net margin of 1.64%.The business’s revenue for the quarter was up 51.2% compared to the same quarter last year.

Webull News Summary

Here are the key news stories impacting Webull this week:

• Positive Sentiment: Record revenue and return to profitability: Webull reported second-quarter revenue of $198.8 million, up 51.2% year over year, while net income reached $24.4 million versus a $28.3 million loss in the prior-year quarter. Reported EPS of $0.12 exceeded the consensus estimate of $0.01. Webull Reports Second Quarter 2026 Financial Results
• Positive Sentiment: Trading metrics accelerated: Trading-related revenue rose 66%, equity notional volume increased 73% to $279 billion, options volume climbed 68% to 213 million contracts, and daily average revenue trades grew 62% to 1.6 million. The company attributed stronger engagement in part to the elimination of the Pattern Day Trader rule. Webull Delivers Record Q2 2026 Results
• Positive Sentiment: Customer growth and capital returns supported sentiment: Customer assets increased 79% to $28.5 billion, funded accounts reached 5.13 million, and Webull repurchased and canceled approximately 1.82 million shares during the quarter. Management also highlighted international expansion and plans to build its institutional business.
• Positive Sentiment: Analyst support: Rosenblatt Securities assigned Webull a “Buy” rating, adding to the positive reaction to the earnings report. Webull Earns Buy Rating from Rosenblatt Securities
• Neutral Sentiment: Unusually heavy options activity and a broader rally in retail brokerage stocks, helped by rising cryptocurrency prices, may have amplified the move but are less direct indicators of Webull’s fundamentals.
• Negative Sentiment: Recent insider activity included a sale of 75,000 shares by President Anthony Denier. Institutional ownership data was mixed, with some large investors adding shares while others reduced or exited positions.

Analyst Upgrades and Downgrades

BULL has been the topic of a number of recent analyst reports. Wall Street Zen lowered shares of Webull from a “hold” rating to a “sell” rating in a report on Saturday, May 2nd. Weiss Ratings cut shares of Webull from a “sell (d-)” rating to a “sell (e+)” rating in a research report on Tuesday, August 4th. Finally, Rosenblatt Securities increased their price target on shares of Webull from $13.00 to $15.00 and gave the stock a “buy” rating in a research note on Thursday. One equities research analyst has rated the stock with a Strong Buy rating, two have given a Buy rating, one has assigned a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $14.00.

Institutional Inflows and Outflows

Institutional investors have recently modified their holdings of the business. Legal & General Group Plc bought a new stake in shares of Webull in the 3rd quarter worth approximately $26,000. Osaic Holdings Inc. bought a new position in Webull in the 2nd quarter worth about $30,000. Los Angeles Capital Management LLC purchased a new stake in Webull during the 4th quarter valued at about $34,000. Ritter Alpha LP bought a new stake in Webull during the 1st quarter valued at about $48,000. Finally, Versant Capital Management Inc raised its holdings in Webull by 79.8% in the second quarter. Versant Capital Management Inc now owns 7,335 shares of the company’s stock worth $48,000 after buying an additional 3,255 shares during the last quarter. 92.48% of the stock is currently owned by institutional investors.

Webull Price Performance

The firm’s fifty day simple moving average is $7.31 and its 200-day simple moving average is $6.50. The company has a quick ratio of 1.35, a current ratio of 1.35 and a debt-to-equity ratio of 0.06. The firm has a market capitalization of $4.97 billion, a PE ratio of -8.08 and a beta of 0.53.

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.