Webull (NASDAQ:BULL) Price Target Raised to $13.00

Webull (NASDAQ:BULL) had its price objective boosted by Rosenblatt Securities from $12.00 to $13.00 in a research note published on Thursday,Benzinga reports. They currently have a buy rating on the stock.

BULL has been the subject of a number of other reports. Weiss Ratings downgraded Webull from a “sell (d-)” rating to a “sell (e+)” rating in a report on Tuesday, June 23rd. Wall Street Zen downgraded Webull from a “hold” rating to a “sell” rating in a research report on Saturday, May 2nd. One investment analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating, one has assigned a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average target price of $13.33.

Webull Stock Performance

BULL opened at $7.23 on Thursday. The business’s 50-day moving average price is $6.77 and its two-hundred day moving average price is $6.58. Webull has a 1 year low of $4.50 and a 1 year high of $18.32. The company has a market capitalization of $3.85 billion, a price-to-earnings ratio of -6.23 and a beta of 0.55. The company has a debt-to-equity ratio of 0.06, a current ratio of 1.35 and a quick ratio of 1.35.

Institutional Inflows and Outflows

A number of institutional investors have recently made changes to their positions in the business. Geode Capital Management LLC acquired a new stake in Webull during the 2nd quarter valued at $3,810,000. Quantbot Technologies LP acquired a new stake in shares of Webull during the 2nd quarter worth about $71,000. Sandia Investment Management LP acquired a new stake in shares of Webull during the 2nd quarter worth about $771,000. Cable Car Capital LP bought a new stake in shares of Webull during the 2nd quarter worth about $1,046,000. Finally, AQR Arbitrage LLC bought a new stake in shares of Webull during the 2nd quarter worth about $1,747,000. 92.48% of the stock is owned by institutional investors and hedge funds.

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.