Rosenblatt Securities Reaffirms Buy Rating for Webull (NASDAQ:BULL)

Webull (NASDAQ:BULL)‘s stock had its “buy” rating reissued by investment analysts at Rosenblatt Securities in a note issued to investors on Tuesday,Benzinga reports. They currently have a $12.00 price objective on the stock. Rosenblatt Securities’ target price indicates a potential upside of 71.18% from the stock’s current price.

BULL has been the topic of several other reports. Weiss Ratings reiterated a “sell (d-)” rating on shares of Webull in a research note on Friday, March 27th. Wall Street Zen raised Webull from a “sell” rating to a “hold” rating in a report on Sunday, March 15th. Compass Point started coverage on Webull in a report on Monday, March 9th. They set a “buy” rating and a $9.00 price objective on the stock. Finally, Zacks Research downgraded Webull from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, February 10th. One investment analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating, one has given a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, Webull has an average rating of “Moderate Buy” and an average target price of $13.00.

Webull Trading Up 4.3%

BULL stock opened at $7.01 on Tuesday. Webull has a 1-year low of $4.50 and a 1-year high of $33.33. The firm has a market cap of $3.68 billion, a P/E ratio of -5.94 and a beta of 0.11. The business’s 50 day moving average is $5.57 and its 200-day moving average is $7.94. The company has a current ratio of 1.33, a quick ratio of 1.33 and a debt-to-equity ratio of 0.06.

Institutional Trading of Webull

Hedge funds and other institutional investors have recently modified their holdings of the company. Lunate Capital Ltd bought a new position in shares of Webull in the 3rd quarter valued at about $231,084,000. Azora Capital LP grew its holdings in shares of Webull by 326.8% in the 3rd quarter. Azora Capital LP now owns 3,289,043 shares of the company’s stock valued at $48,645,000 after acquiring an additional 2,518,468 shares in the last quarter. SG Americas Securities LLC grew its holdings in shares of Webull by 3,486.6% in the 4th quarter. SG Americas Securities LLC now owns 413,279 shares of the company’s stock valued at $3,211,000 after acquiring an additional 401,756 shares in the last quarter. Y Intercept Hong Kong Ltd bought a new position in shares of Webull in the 3rd quarter valued at about $1,689,000. Finally, HSG Holding Ltd grew its holdings in shares of Webull by 1.0% in the 3rd quarter. HSG Holding Ltd now owns 9,553,639 shares of the company’s stock valued at $141,298,000 after acquiring an additional 96,359 shares in the last quarter. 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.