Key Takeaways
- Compass Point’s Ed Engel launched coverage on Webull (BULL) stock with a Buy recommendation and $9 price objective, indicating potential 64% gains.
- The analyst highlighted prediction markets and cryptocurrency trading as primary catalysts expected to fuel growth between 2026 and 2028.
- Despite trading at approximately 20x earnings — comparable to Robinhood and Interactive Brokers — Webull demonstrates superior growth velocity.
- Quarterly revenue climbed to $165.2M from $110.3M year-over-year, representing robust expansion fueled by elevated trading volumes.
- Five analysts track the stock with a consensus price target of $13.00, though sentiment remains divided with recent rating adjustments.
Wall Street has delivered a positive signal for Webull. Ed Engel from 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 “a new name to watch” — characterizing the online brokerage as a company in its nascent growth phase.
Shares currently change hands near $5.48, significantly below the 52-week peak of $79.56. This substantial price range reflects considerable volatility for shareholders.
Webull’s trading platform provides retail investors access to equities, exchange-traded funds, options contracts, and cryptocurrency — all accessible via mobile and desktop interfaces. Operating in a competitive marketplace, the company has built a dedicated user base among frequent traders.
Engel’s optimistic thesis focuses on two emerging business segments: prediction markets and cryptocurrency trading. Both initiatives launched in 2025 and are projected to generate exceptional growth through 2028.
The analyst anticipates these divisions will enable Webull to outpace competitors such as Robinhood (HOOD) and Interactive Brokers (IBKR) during the coming years.
Financial Metrics and Revenue Expansion
Regarding valuation, Webull currently commands approximately 20 times earnings — comparable to its more established rivals. Engel’s investment rationale is straightforward: superior growth rates should ultimately justify premium valuation multiples rather than discounts.
Revenue performance demonstrates encouraging momentum. According to recent financial results, Webull generated $165.2 million in revenue, compared with $110.3 million in the prior-year period. This represents approximately 50% year-over-year expansion.
The acceleration stemmed from increased trading activity and improved user engagement throughout the platform.
Engel expects the stock could achieve higher valuation multiples as institutional capital allocators begin scrutinizing Webull’s financial performance more closely.
Presently, hedge funds and institutional investors control roughly 92.48% of outstanding shares, indicating substantial institutional support already exists.
Wall Street Sentiment Remains Mixed
Not all analysts share Engel’s enthusiasm. The aggregated consensus from five research firms stands at “Moderate Buy,” though opinions vary considerably.
The breakdown includes one sell rating, one hold recommendation, two buy ratings, and one strong buy designation. The collective 12-month price objective across all analysts averages $13.00.
Rosenblatt Securities recently reduced its target from $15.00 to $12.00 while maintaining its buy stance. Zacks Research downgraded Webull from strong-buy to hold in February. Wall Street Zen shifted to a sell rating over the weekend.
Among institutional investors, multiple funds established new stakes during recent quarters. Jones Financial Companies expanded its position by 860.7% in Q3. Legal & General Group, Osaic Holdings, and Tower Research Capital each initiated fresh positions.
The stock’s 50-day moving average stands at $7.05 while the 200-day average registers $9.81 — both considerably above the current trading price of $5.48.
