Webull Corporation (NASDAQ:BULL) Receives $13.00 Average PT from Analysts

Shares of Webull Corporation (NASDAQ:BULL) have been assigned an average rating of “Moderate Buy” from the five research firms that are covering the firm, Marketbeat reports. One analyst has rated the stock with a sell rating, one has assigned a hold rating, two have assigned a buy rating and one has assigned a strong buy rating to the company. The average 12 month price target among analysts that have covered the stock in the last year is $13.00.

A number of analysts have commented on the company. Weiss Ratings upgraded Webull from a “sell (e+)” rating to a “sell (d-)” rating in a research report on Wednesday, June 3rd. Rosenblatt Securities restated a “buy” rating and issued a $12.00 price objective on shares of Webull in a research report on Wednesday, June 10th. Wall Street Zen downgraded Webull from a “hold” rating to a “sell” rating in a research report on Saturday, May 2nd. Finally, Compass Point began coverage on Webull in a research report on Monday, March 9th. They issued a “buy” rating and a $9.00 price objective on the stock.

Webull Stock Down 3.2%

BULL opened at $6.64 on Wednesday. The business’s fifty day moving average is $6.65 and its two-hundred day moving average is $6.80. The company has a debt-to-equity ratio of 0.06, a quick ratio of 1.35 and a current ratio of 1.35. The company has a market cap of $3.53 billion, a price-to-earnings ratio of -5.72 and a beta of 0.56. Webull has a one year low of $4.50 and a one year high of $18.32.

Institutional Trading of Webull

Several institutional investors and hedge funds have recently made changes to their positions in the stock. Ritter Alpha LP purchased a new stake in shares of Webull in the first quarter valued at $48,000. Essential Partners LLC purchased a new stake in shares of Webull in the first quarter valued at $193,000. EverSource Wealth Advisors LLC lifted its position in shares of Webull by 731.0% in the first quarter. EverSource Wealth Advisors LLC now owns 14,260 shares of the company’s stock valued at $68,000 after acquiring an additional 12,544 shares in the last quarter. Quantinno Capital Management LP purchased a new stake in shares of Webull in the first quarter valued at $1,584,000. Finally, SummitTX Capital L.P. lifted its position in shares of Webull by 126.0% in the first quarter. SummitTX Capital L.P. now owns 245,192 shares of the company’s stock valued at $1,177,000 after acquiring an additional 136,716 shares in the last quarter. 92.48% of the stock is currently owned by hedge funds and other institutional investors.

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.