TLDR
- Compass Point analyst Ed Engel started covering Webull (BULL) with a Buy rating and a $9 price target, indicating approximately 64% upside.
- Engel pointed to Webull’s expansion in prediction markets and crypto trading as major growth drivers from 2026 to 2028.
- Webull has a price-to-earnings ratio of around 20 — comparable to Robinhood and Interactive Brokers — yet it’s growing more quickly.
- Year-over-year revenue increased to $165.2 million from $110.3 million, a significant rise fueled by greater trading activity.
- Across five analysts, the average consensus price target is $13.00, though ratings are divided, including some recent downgrades.
Webull recently received a new vote of confidence from Wall Street. Compass Point analyst Ed Engel launched coverage with a Buy rating and a $9 price target, suggesting roughly 64% upside from the stock’s current price.
Webull Corporation Class A Ordinary Shares, BULL
Engel called Webull “a new name to watch” — an online brokerage still in the early stages of its growth narrative.
The stock is currently trading at about $5.48, far below its 52-week high of $79.56. This wide range reflects a volatile journey for investors.
Webull’s platform allows retail traders to purchase stocks, ETFs, options, and crypto — all via mobile and desktop apps. It operates in a crowded market but has built a following among active traders.
Engel’s positive outlook focuses on two newer business segments: prediction markets and crypto trading. Both were introduced in 2025 and are projected to drive above-average growth through 2028.
The analyst thinks these segments could help Webull grow more rapidly than peers such as Robinhood (HOOD) and Interactive Brokers (IBKR) in the coming years.
Valuation and Revenue Growth
In terms of valuation, Webull currently trades at approximately 20 times earnings — roughly on par with those more established competitors. Engel’s reasoning is straightforward: if Webull grows faster, it should eventually command a premium rather than a discount.
So far, revenue paints a strong picture. In its latest results, Webull reported $165.2 million in revenue, up from $110.3 million the previous year. That’s a nearly 50% year-over-year increase.
This growth was fueled by increased trading volumes and greater user engagement across the platform.
Engel believes the stock could see a higher valuation as institutional investors begin to focus more closely on Webull’s performance.
Currently, approximately 92.48% of the stock is owned by hedge funds and institutional investors, meaning there’s already significant institutional support.
Analyst Ratings Are Split
Not all Wall Street analysts share Engel’s optimism. The overall consensus from five brokerages is “Moderate Buy,” but the distribution is uneven.
One analyst rates it a sell, one a hold, two a buy, and one a strong buy. The group’s average 12-month price target is $13.00.
Rosenblatt Securities recently lowered its target from $15.00 to $12.00 but maintained a buy rating. Zacks Research downgraded Webull from strong buy to hold in February. Wall Street Zen shifted to a sell rating over the weekend.
On the institutional front, several funds have added new positions in recent quarters. Jones Financial Companies increased its stake by 860.7% in the third quarter. Legal & General Group, Osaic Holdings, and Tower Research Capital also initiated new positions.
The stock’s 50-day moving average is $7.05 and its 200-day moving average is $9.81 — both significantly above the current price of $5.48.