Key Takeaways
- Compass Point’s Ed Engel launched coverage on Webull (BULL) with a Buy rating and $9 price objective, suggesting approximately 64% potential upside.
- The analyst highlighted Webull’s expansion into prediction markets and cryptocurrency trading as critical catalysts through 2028.
- Despite trading at approximately 20x earningsācomparable to Robinhood and Interactive BrokersāWebull demonstrates superior growth rates.
- The company reported revenue of $165.2M versus $110.3M in the prior year period, marking impressive momentum from elevated trading volumes.
- Wall Street’s consensus target from five analysts stands at $13.00, though opinions remain divided with recent rating adjustments.
Webull has captured fresh attention from the analyst community. Ed Engel at Compass Point launched his firm’s coverage with a Buy recommendation and set a $9 price objective, pointing to approximately 64% potential appreciation from current levels.
Webull Corporation Class A Ordinary Shares, BULL
Engel positioned Webull as an emerging opportunity worth monitoringācharacterizing it as an online trading platform still navigating the initial phases of its expansion trajectory.
Shares currently hover near $5.48, significantly below the 52-week peak of $79.56. This substantial range reflects the considerable price swings shareholders have experienced.
Webull’s technology enables everyday investors to trade equities, exchange-traded funds, derivatives, and digital assetsādelivered via smartphone and computer applications. While operating in a competitive landscape, the company has built a dedicated user base among frequent traders.
Engel’s optimistic outlook hinges on two emerging revenue streams: prediction markets and cryptocurrency services. Both initiatives launched in 2025 and are projected to generate outsized growth extending into 2028.
The analyst expects these divisions could enable Webull to outpace competitors including Robinhood (HOOD) and Interactive Brokers (IBKR) during the coming years.
Earnings Multiple and Top-Line Expansion
From a valuation perspective, Webull currently commands approximately 20 times forward earningsāessentially matching its more established rivals. Engel’s thesis is straightforward: superior growth rates should eventually command premium multiples rather than discounts.
Top-line performance has been encouraging thus far. The company’s latest quarterly disclosure showed $165.2 million in revenue, compared with $110.3 million in the year-ago quarter. This represents roughly 50% annual expansion.
The acceleration stemmed from increased transaction volumes and improved customer activity throughout the ecosystem.
Engel anticipates a potential valuation rerating as buy-side institutions develop greater awareness of Webull’s financial trajectory.
Currently, approximately 92.48% of outstanding shares reside with hedge funds and institutional portfolios, indicating significant professional investor participation already exists.
Wall Street Opinions Remain Divided
Engel’s bullish stance doesn’t reflect unanimous agreement across the analyst community. The aggregate recommendation from five covering firms registers as “Moderate Buy,” though individual views vary considerably.
The breakdown includes one sell recommendation, one hold, two buys, and one strong buy. The collective 12-month price objective across this group averages $13.00.
Rosenblatt Securities recently reduced its target from $15.00 down to $12.00 while maintaining a buy stance. Zacks Research downgraded Webull from strong-buy to hold during February. Wall Street Zen shifted to a sell recommendation this past weekend.
Regarding institutional positioning, multiple funds established or expanded stakes in recent periods. Jones Financial Companies increased its holdings by 860.7% during Q3. Legal & General Group, Osaic Holdings, and Tower Research Capital each initiated fresh positions.
The stock’s 50-day moving average registers at $7.05 while the 200-day average sits at $9.81āboth substantially above the current quotation of $5.48.
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