Webull (NASDAQ:BULL) Trading Down 4.9% – Here’s What Happened

Webull Corporation (NASDAQ:BULL) dropped 4.9% during mid-day trading on Friday . The stock traded as low as $6.23 and last traded at $6.2850. Approximately 8,281,737 shares were traded during trading, a decline of 31% from the average daily volume of 12,016,602 shares. The stock had previously closed at $6.61.

Key Webull News

Here are the key news stories impacting Webull this week:

• Positive Sentiment: Webull reported first-quarter revenue of about $159.9 million, up 36% year over year, supported by record trading volumes and continued customer asset growth. Webull Reports First Quarter 2026 Financial Results
• Positive Sentiment: The company highlighted strategic growth initiatives, including AI-powered research tools, international expansion, and a planned $100 million share repurchase program, which could support longer-term sentiment. Webull outlines $100M share repurchase as PDT rule change takes effect June 4
• Neutral Sentiment: Trading activity spiked after earnings, with unusually high call option volume suggesting some investors were positioning for a rebound. Earnings transcript and market reaction
• Negative Sentiment: Costs rose much faster than revenue, with total operating expenses up 68% year over year due to heavier marketing, brokerage, and share-based compensation spending. Webull slides as investors digest Q1 loss and sharply higher expenses
• Negative Sentiment: The quarter swung to a net loss of $21.7 million, reinforcing concerns that Webull’s near-term profitability may be under pressure despite revenue growth. Webull Corporation (BULL) Q1 Earnings and Revenues Lag Estimates

Wall Street Analyst Weigh In

BULL has been the topic of several research analyst reports. Zacks Research lowered shares of Webull from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, February 10th. Weiss Ratings restated a “sell (d-)” rating on shares of Webull in a report on Friday, March 27th. Rosenblatt Securities restated a “buy” rating and set a $12.00 price objective on shares of Webull in a report on Tuesday, April 21st. Compass Point began coverage on shares of Webull in a report on Monday, March 9th. They set a “buy” rating and a $9.00 price objective on the stock. Finally, Wall Street Zen downgraded shares of Webull from a “hold” rating to a “sell” rating in a report on Saturday, May 2nd. One investment 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. According to data from MarketBeat, Webull currently has an average rating of “Moderate Buy” and a consensus target price of $13.00.

Webull Stock Performance

The company has a debt-to-equity ratio of 0.06, a current ratio of 1.33 and a quick ratio of 1.33. The company’s fifty day simple moving average is $6.06 and its two-hundred day simple moving average is $7.23. The stock has a market cap of $3.29 billion, a price-to-earnings ratio of -5.33 and a beta of 0.60.

Webull (NASDAQ:BULL) last announced its earnings results on Wednesday, March 4th. The company reported $0.04 EPS for the quarter, missing the consensus estimate of $0.05 by ($0.01). The firm had revenue of $165.20 million during the quarter, compared to analysts’ expectations of $159.99 million. Webull had a negative net margin of 1.64% and a positive return on equity of 2.50%. The company’s quarterly revenue was up 49.8% compared to the same quarter last year. On average, analysts forecast that Webull Corporation will post 0.07 earnings per share for the current year.

Institutional Trading of Webull

Several institutional investors and hedge funds have recently made changes to their positions in BULL. Legal & General Group Plc purchased a new stake in shares of Webull in the third quarter valued at about $26,000. Osaic Holdings Inc. purchased a new stake in shares of Webull in the second quarter valued at about $30,000. Los Angeles Capital Management LLC purchased a new stake in shares of Webull in the fourth quarter valued at about $34,000. Jones Financial Companies Lllp raised its holdings in shares of Webull by 860.7% in the third quarter. Jones Financial Companies Lllp now owns 2,959 shares of the company’s stock valued at $45,000 after purchasing an additional 2,651 shares during the last quarter. Finally, Ritter Alpha LP purchased a new stake in shares of Webull in the first quarter valued at about $48,000. 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.