Webull’s (BULL) “Buy” Rating Reiterated at Rosenblatt Securities

Webull (NASDAQ:BULL)‘s stock had its “buy” rating reaffirmed by Rosenblatt Securities in a report released on Friday,Benzinga reports. They presently have a $15.00 target price on the stock. Rosenblatt Securities’ price objective points to a potential upside of 91.57% from the stock’s previous close.

Several other analysts have also weighed in on the company. Wall Street Zen raised Webull from a “strong sell” rating to a “hold” rating in a report on Sunday, November 23rd. Weiss Ratings reissued a “sell (d-)” rating on shares of Webull in a research report on Monday, December 29th. Finally, Zacks Research upgraded Webull from a “hold” rating to a “strong-buy” rating in a research note on Monday, January 12th. Two research analysts have rated the stock with a Strong Buy rating, one has given a Buy rating and one has given a Sell rating to the stock. According to MarketBeat.com, the stock presently has a consensus rating of “Buy” and an average price target of $16.50.

Webull Price Performance

Shares of BULL stock opened at $7.83 on Friday. The firm has a fifty day moving average of $8.60 and a two-hundred day moving average of $11.65. The firm has a market cap of $3.93 billion, a P/E ratio of -6.99 and a beta of -0.10. Webull has a 1-year low of $7.57 and a 1-year high of $79.56. The company has a debt-to-equity ratio of 0.10, a current ratio of 1.40 and a quick ratio of 1.40.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Sequoia Financial Advisors LLC acquired a new stake in Webull in the second quarter worth $120,000. Caitong International Asset Management Co. Ltd acquired a new stake in shares of Webull in the 2nd quarter worth about $439,000. Marathon Trading Investment Management LLC bought a new stake in Webull in the 2nd quarter valued at about $598,000. Geode Capital Management LLC bought a new stake in Webull in the 2nd quarter valued at about $3,810,000. Finally, Warberg Asset Management LLC acquired a new position in Webull during the 2nd quarter valued at about $359,000. 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.