Webull Corp (BULL) AI Stock Analysis

Webull Corporation operates as a digital investment platform. The company offers various products and services, including trading, wealth management product distribution, market data and information, user community, and investor education. Its platform enables retail investors to trade securities through its licensed broker dealer in the United States, Canada, the United Kingdom, Australia, Hong Kong, Indonesia, Singapore, Malaysia, Thailand, Japan, South Africa, the Netherlands, and internationally. Webull Corporation was founded in 2016 and is headquartered in Saint Petersburg, Florida.

Webull generated a 3-year revenue CAGR of 13.7% from FY2022 to FY2025. Annual revenue grew from $388.3M in FY2022 to $389.6M in FY2023, $390.2M in FY2024, and $571.0M in FY2025, representing a 46.3% increase in FY2025. Gross margin contracted from 84.6% in FY2022 to 77.5% in FY2025. Operating margin shifted from 17.7% in FY2022 to 5.9% in FY2023, -3.7% in FY2024, and 10.2% in FY2025. Net income was $50.1M in FY2022, $6.1M in FY2023, -$22.7M in FY2024, and $24.8M in FY2025. Over the trailing twelve months, revenue reached $672.3M with an operating margin of 22.3%. In the quarter ended June 30, 2026, revenue increased 51.9% year-over-year, while earnings fell 99.5%.

As of June 30, 2026, Webull held $925.4M in cash and short-term investments against $78.7M in total debt, resulting in net cash of $846.7M. The company reported a current ratio of 51.17, a debt-to-equity ratio of 0.08, and shareholders' equity of $1.04B on total assets of $4.11B. In FY2025, operating cash flow was $566.4M and free cash flow was $561.5M. Webull used cash for $4.9M in capital expenditures and $20.0M in share buybacks.

Webull carries a market capitalization of $3.28B and an enterprise value of $3.28B. Its trailing P/E of 75.9x trades at a premium to the 28.1x median of its US-listed Technology peers. Its forward P/E stands at 19.6x compared to the peer median of 18.8x. The company's price-to-sales ratio is 4.9x and EV/EBITDA is 40.8x, both above the respective peer medians of 2.8x and 16.6x. Over the past year, the stock fell 48.3%, trailing the S&P 500 (SPY), which gained 16.8%.

Wall Street analyst coverage consists of 3 Strong Buy ratings, 1 Buy rating, and zero Hold, Sell, or Strong Sell ratings. The mean price target is $11.25, which sits 85.3% above the last close of $6.07. For the fiscal year ending December 31, 2026, consensus estimates project revenue of $806.2M and EPS of $0.23. Webull has beaten EPS estimates in 2 of the last 4 quarters, and its next earnings date is November 19, 2026.

This page is an AI-written research summary of Webull Corp (BULL). The text was generated on October 30, 2026 from Quotelinks data as of October 16, 2026 (company profile, annual results, latest balance sheet, valuation, price performance and analyst estimates). An automatic check rejects any draft that contains a figure not found in that data. It is not investment advice; verify figures on the linked tabs before making decisions.

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