Webull (NASDAQ:BULL) Upgraded at Wall Street Zen

Wall Street Zen upgraded shares of Webull (NASDAQ:BULL) from a sell rating to a hold rating in a research note released on Sunday morning.

BULL has been the subject of several other research reports. Zacks Research cut shares of Webull from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, February 10th. Rosenblatt Securities decreased their price objective on Webull from $15.00 to $12.00 and set a “buy” rating on the stock in a report on Thursday, March 5th. Weiss Ratings reiterated a “sell (d-)” rating on shares of Webull in a research report on Monday, December 29th. Finally, Compass Point assumed coverage on Webull in a research note on Monday, March 9th. They set a “buy” rating and a $9.00 target price for the company. One analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating, one has issued a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus price target of $13.00.

Webull Price Performance

Webull stock opened at $5.47 on Friday. The company has a current ratio of 1.33, a quick ratio of 1.40 and a debt-to-equity ratio of 0.06. The company has a 50-day moving average price of $6.67 and a 200 day moving average price of $9.35. Webull has a 12-month low of $5.24 and a 12-month high of $79.56. The stock has a market cap of $2.74 billion, a P/E ratio of -4.64 and a beta of -0.04.

Institutional Investors Weigh In On Webull

Several institutional investors and hedge funds have recently bought and sold shares of the business. Sassicaia Capital Advisers LLC bought a new position in shares of Webull during the second quarter valued at approximately $1,770,000. General Atlantic L.P. acquired a new stake in shares of Webull during the 2nd quarter worth approximately $85,491,000. HSG Holding Ltd bought a new stake in shares of Webull in the 2nd quarter worth approximately $113,109,000. Azora Capital LP lifted 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 worth $48,645,000 after purchasing an additional 2,518,468 shares during the last quarter. Finally, Marshall Wace LLP acquired a new position in Webull during the 2nd quarter valued at approximately $14,771,000. 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.