Symbols / BULL Stock $6.90 -0.14% Webull Corporation

Technology • Software - Application • United States • NCM
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Stock Fundamentals
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Index EQUITY
Sector Technology
Industry Software - Application
CEO Mr. Anquan Wang
Exch · Country NCM · United States
Market Cap 3.67B
Enterprise Value 1.56B
Income -487.52M
Sales 564.33M
FCF (ttm)
Book/sh 1.94
Cash/sh 4.12
Employees 1,396
Insider 10d
IPO Aug 22, 2022
Div forward ($/yr)
Div TTM ($/yr)
Dividend Yield
Ex-Div Date
5Y Avg Yield
Yield vs 5Y Avg
Payout 0.00%
P/E
Forward P/E 24.21
PEG
P/S 6.50
P/B 3.55
P/C
EV/EBITDA
EV/Sales 2.76
Quick Ratio 1.25
Current Ratio 1.26
Debt/Eq 7.63
LT Debt/Eq
EPS (ttm) -1.23
EPS next Y 0.28
EPS Growth
Revenue Growth
EPS Gr Q/Q
Rev Gr Q/Q
Earnings (next) 2026-05-15
Earnings (prior) 2026-03-04
ROA 0.82%
ROE 3.00%
ROIC
Gross Margin 77.19%
Oper. Margin 2.42%
Profit Margin 4.39%
Shs Outstand 447.91M
Shs Float 377.73M
Insider Own 16.77%
Instit Own 49.16%
Short Float 4.52%
Short Ratio 1.71
Short Interest 19.93M
52W High 18.85
vs 52W High -63.40%
52W Low 4.50
vs 52W Low 53.33%
Beta 0.11
Impl. Vol. 3.13%
Rel Volume 0.84
Avg Volume 12.53M
Volume 10.55M
Target (mean) $11.67
Tgt Median $12.00
Tgt Low $9.00
Tgt High $14.00
# Analysts 3
Recom Strong_buy
Prev Close $6.91
Price $6.90
Change -0.14%
About

Webull Corporation operates as a digital investment platform. 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.

Valuation Models

Price estimates from analyst targets and simple models.

1. Analyst consensus Mean price target
2. Current target Latest analyst target
3. DCF / Fair value Proxy: analyst mean price target (no FCF/EPS data available).
Ratings
Current target
$6.90
Low
$9.00
High
$14.00
Mean
$11.67
Insider Transactions
Filed Date Insider Relationship Transaction Shares Price Value SEC
2026-04-10 HOULIHAN WILLIAM A Director 4,719 $0.00 $0
2026-04-10 HOULIHAN WILLIAM A Director 12,500
2025-04-10 BOEHNER JOHN ANDREW Director 40,000
Financials
Statement View
Amounts in millions (2 decimals, no suffix) • EPS per share (2 decimals) • Trend = period evolution • YoY Growth = previous period %
Line Item Trend 2025-12-31 2024-12-31 2023-12-31 2022-12-31
Total Revenue
571.00
+46.32%
390.23
+0.16%
389.60
+0.33%
388.33
Operating Revenue
545.68
+44.91%
376.57
-0.56%
378.70
-0.17%
379.36
Cost Of Revenue
128.75
+62.34%
79.31
+19.40%
66.42
+11.14%
59.76
Reconciled Cost Of Revenue
128.78
+63.41%
78.81
+15.36%
68.32
+10.47%
61.84
Gross Profit
442.25
+42.24%
310.92
-3.79%
323.18
-1.64%
328.57
Operating Expense
383.77
+17.98%
325.28
+8.35%
300.20
+15.46%
260.01
Research And Development
79.18
+24.03%
63.84
+22.40%
52.16
+11.51%
46.77
Selling General And Administration
301.36
+16.61%
258.43
+6.19%
243.37
+16.04%
209.74
Selling And Marketing Expense
125.84
-4.79%
132.17
-10.34%
147.41
+11.01%
132.78
General And Administrative Expense
175.51
+39.01%
126.25
+31.56%
95.96
+24.70%
76.96
Salaries And Wages
114.70
+36.98%
83.74
+26.27%
66.32
+25.03%
53.04
Other Gand A
60.81
+43.02%
42.52
+43.41%
29.65
+23.97%
23.92
Total Expenses
512.52
+26.68%
404.58
+10.35%
366.62
+14.65%
319.78
Operating Income
58.47
+507.39%
-14.35
-162.46%
22.98
-66.48%
68.55
EBITDA
53.89
+739.98%
-8.42
-130.45%
27.66
-61.62%
72.06
Normalized EBITDA
61.57
+663.50%
-10.93
-136.09%
30.28
-61.08%
77.79
Reconciled Depreciation
3.20
-8.67%
3.51
+26.20%
2.78
+95.14%
1.42
EBIT
50.66
+524.73%
-11.93
-151.91%
22.98
-66.48%
68.55
Total Unusual Items
-7.67
-406.35%
2.50
+195.57%
-2.62
+54.34%
-5.74
Total Unusual Items Excluding Goodwill
-7.67
-406.35%
2.50
+195.57%
-2.62
+54.34%
-5.74
Special Income Charges
4.52
+749.43%
0.53
+263.74%
-0.32
+97.11%
-11.25
Other Special Charges
10.98
+2163.32%
-0.53
-263.74%
0.32
+228.45%
-0.25
Restructuring And Mergern Acquisition
-15.50
Net Income
24.77
+209.15%
-22.69
-473.91%
6.07
-87.88%
50.08
Pretax Income
45.20
+475.07%
-12.05
-159.72%
20.18
-69.28%
65.69
Net Non Operating Interest Income Expense
-5.46
-4348.62%
-0.12
0.00
-100.00%
1.41
Interest Expense Non Operating
5.46
+4348.62%
0.12
Net Interest Income
-5.46
-4348.62%
-0.12
0.00
-100.00%
1.41
Interest Expense
5.46
+4348.62%
0.12
Interest Income Non Operating
0.00
0.00
-100.00%
1.41
Interest Income
0.00
0.00
-100.00%
1.41
Other Income Expense
-7.81
-422.13%
2.43
+186.58%
-2.80
+34.61%
-4.28
Other Non Operating Income Expenses
-0.14
-77.76%
-0.08
+56.28%
-0.18
-112.42%
1.46
Gain On Sale Of Security
-12.19
-718.07%
1.97
+185.93%
-2.30
-141.67%
5.51
Gain On Sale Of Business
0.00
0.00
+100.00%
-11.50
Tax Provision
20.83
+50.70%
13.82
-14.36%
16.14
-49.89%
32.21
Tax Rate For Calcs
0.00
+0.00%
0.00
+0.00%
0.00
+0.00%
0.00
Tax Effect Of Unusual Items
-1.61
-406.35%
0.53
+195.57%
-0.55
+54.34%
-1.21
Net Income Including Noncontrolling Interests
24.37
+205.11%
-23.18
-498.18%
5.82
-88.37%
50.08
Net Income From Continuing Operation Net Minority Interest
24.77
+197.58%
-25.39
-692.45%
4.28
-87.20%
33.47
Net Income From Continuing And Discontinued Operation
24.77
+209.15%
-22.69
-473.91%
6.07
-87.88%
50.08
Net Income Continuous Operations
24.37
+194.17%
-25.87
-740.84%
4.04
-87.94%
33.47
Net Income Discontinuous Operations
0.00
-100.00%
2.69
+50.85%
1.78
-89.25%
16.60
Minority Interests
0.40
-17.16%
0.49
+97.54%
0.25
0.00
Normalized Income
30.83
+212.67%
-27.36
-530.59%
6.36
-83.28%
38.01
Net Income Common Stockholders
-487.52
+5.84%
-517.78
-55.02%
-334.01
-24973.56%
-1.33
Otherunder Preferred Stock Dividend
512.29
+3.47%
495.09
+45.58%
340.08
+561.51%
51.41
Diluted EPS
-1.23
+67.02%
-3.73
-54.13%
-2.42
-25121.47%
-0.01
Basic EPS
-1.23
+67.02%
-3.73
-54.13%
-2.42
-25121.47%
-0.01
Basic Average Shares
397.00
+185.96%
138.83
+0.63%
137.97
-0.62%
138.83
Diluted Average Shares
397.00
+185.96%
138.83
+0.63%
137.97
-0.62%
138.83
Diluted NI Availto Com Stockholders
-487.52
+5.84%
-517.78
-55.02%
-334.01
-24973.56%
-1.33
Depreciation Amortization Depletion Income Statement
3.23
+7.45%
3.01
-35.62%
4.68
+33.57%
3.50
Depreciation And Amortization In Income Statement
3.23
+7.45%
3.01
-35.62%
4.68
+33.57%
3.50
Depreciation Income Statement
3.23
+7.45%
3.01
-35.62%
4.68
+33.57%
3.50
Provision For Doubtful Accounts
0.32
+228.45%
-0.25
Line Item Trend 2025-12-31
Total Assets
3,880.87
Current Assets
3,684.57
Cash Cash Equivalents And Short Term Investments
825.50
Cash And Cash Equivalents
653.19
Other Short Term Investments
172.31
Receivables
1,294.80
Accounts Receivable
714.36
Gross Accounts Receivable
714.36
Other Receivables
574.23
Taxes Receivable
6.21
Prepaid Assets
19.33
Current Deferred Assets
Restricted Cash
1,537.12
Assets Held For Sale Current
Other Current Assets
7.82
Total Non Current Assets
196.30
Net PPE
100.25
Gross PPE
109.76
Accumulated Depreciation
-9.51
Properties
0.00
Land And Improvements
5.00
Buildings And Improvements
24.28
Machinery Furniture Equipment
2.47
Construction In Progress
4.86
Other Properties
69.93
Leases
3.22
Goodwill And Other Intangible Assets
85.70
Goodwill
30.26
Other Intangible Assets
55.43
Non Current Deferred Assets
9.35
Non Current Deferred Taxes Assets
9.35
Other Non Current Assets
1.00
Total Liabilities Net Minority Interest
2,864.39
Current Liabilities
2,777.11
Payables And Accrued Expenses
2,727.96
Payables
2,706.37
Accounts Payable
2,686.87
Other Payable
7.94
Current Accrued Expenses
21.59
Pensionand Other Post Retirement Benefit Plans Current
32.13
Total Tax Payable
11.57
Income Tax Payable
Current Debt And Capital Lease Obligation
3.61
Current Capital Lease Obligation
3.61
Current Deferred Liabilities
Current Deferred Revenue
Other Current Liabilities
13.42
Total Non Current Liabilities Net Minority Interest
87.28
Long Term Debt And Capital Lease Obligation
73.91
Long Term Debt
65.00
Long Term Capital Lease Obligation
8.91
Non Current Deferred Liabilities
13.37
Non Current Deferred Taxes Liabilities
13.37
Preferred Securities Outside Stock Equity
0.00
Stockholders Equity
1,016.29
Common Stock Equity
1,016.29
Capital Stock
0.01
Common Stock
0.01
Preferred Stock
Share Issued
524.58
Ordinary Shares Number
523.45
Treasury Shares Number
1.12
Additional Paid In Capital
3,192.95
Retained Earnings
-2,178.19
Gains Losses Not Affecting Retained Earnings
1.52
Treasury Stock
0.00
Minority Interest
0.19
Other Equity Adjustments
1.52
Total Equity Gross Minority Interest
1,016.48
Total Capitalization
1,081.29
Working Capital
907.46
Invested Capital
1,081.29
Total Debt
77.52
Capital Lease Obligations
12.52
Net Tangible Assets
930.59
Tangible Book Value
930.59
Notes Receivable
Preferred Stock Equity
Line Item Trend 2025-12-31 2024-12-31 2023-12-31 2022-12-31
Operating Cash Flow
566.42
+205.82%
185.22
-60.64%
470.60
+1607.69%
-31.21
Cash Flow From Continuing Operating Activities
566.42
+205.82%
185.22
-60.64%
470.60
+1607.69%
-31.21
Net Income From Continuing Operations
24.37
+205.11%
-23.18
-498.18%
5.82
-88.37%
50.08
Depreciation Amortization Depletion
3.20
-8.67%
3.51
+26.20%
2.78
+95.14%
1.42
Depreciation And Amortization
3.20
-8.67%
3.51
+26.20%
2.78
+95.14%
1.42
Other Non Cash Items
-1.41
Stock Based Compensation
43.87
+34.63%
32.59
+10.80%
29.41
-2.03%
30.02
Provisionand Write Offof Assets
4.64
+195.61%
1.57
+380.24%
0.33
+229.16%
-0.25
Asset Impairment Charge
7.60
0.00
0.00
Deferred Tax
3.04
+139.23%
-7.74
-614.86%
-1.08
+80.04%
-5.43
Deferred Income Tax
3.04
+139.23%
-7.74
-614.86%
-1.08
+80.04%
-5.43
Operating Gains Losses
-15.78
-3658.42%
-0.42
-3041.51%
0.01
-99.40%
2.38
Net Foreign Currency Exchange Gain Loss
-0.28
+33.18%
-0.42
-3041.51%
0.01
-98.99%
1.42
Change In Working Capital
495.48
+176.96%
178.90
-58.72%
433.33
+501.14%
-108.02
Change In Receivables
-281.52
-39.30%
-202.09
-677.03%
-26.01
-1766.08%
1.56
Change In Prepaid Assets
-3.12
-118.30%
17.05
+161.75%
-27.62
-70.21%
-16.23
Change In Payables And Accrued Expense
38.84
+224.24%
11.98
+187.10%
-13.75
+85.52%
-94.98
Change In Accrued Expense
-13.75
+85.52%
-94.98
Change In Payable
38.84
+224.24%
11.98
+187.10%
-13.75
+85.52%
-94.98
Change In Account Payable
38.84
+224.24%
11.98
+187.10%
-13.75
+85.52%
-94.98
Change In Other Working Capital
806.30
+72.76%
466.73
-14.46%
545.64
+33949.50%
1.60
Change In Other Current Assets
-62.12
+46.95%
-117.11
-155.35%
-45.86
-1430.48%
-3.00
Change In Other Current Liabilities
-2.90
-223.81%
2.34
+152.12%
0.93
-69.16%
3.01
Investing Cash Flow
45.50
+1986.34%
-2.41
+75.97%
-10.04
+69.04%
-32.43
Cash Flow From Continuing Investing Activities
45.50
+1986.34%
-2.41
+75.97%
-10.04
+69.04%
-32.43
Net PPE Purchase And Sale
-4.89
-102.60%
-2.41
+46.91%
-4.54
+85.60%
-31.55
Purchase Of PPE
-4.89
-102.60%
-2.41
+46.91%
-4.54
+85.60%
-31.55
Capital Expenditure
-4.89
-102.60%
-2.41
+46.91%
-4.54
+85.60%
-31.55
Net Investment Purchase And Sale
0.00
0.00
+100.00%
-0.77
Purchase Of Investment
0.00
0.00
+100.00%
-1.01
Sale Of Investment
0.00
0.00
-100.00%
0.24
Net Business Purchase And Sale
50.39
0.00
+100.00%
-5.50
-4934.55%
-0.11
Purchase Of Business
-1.00
0.00
+100.00%
-5.50
-4934.55%
-0.11
Gain Loss On Sale Of Business
-15.50
0.00
0.00
-100.00%
0.96
Financing Cash Flow
352.08
+772.65%
40.35
+214.30%
12.84
-28.23%
17.89
Cash Flow From Continuing Financing Activities
352.08
+772.65%
40.35
+214.30%
12.84
-28.23%
17.89
Net Issuance Payments Of Debt
-35.00
0.00
0.00
+100.00%
-10.84
Issuance Of Debt
30.00
+500.00%
5.00
0.00
0.00
Repayment Of Debt
-65.00
-1200.00%
-5.00
0.00
+100.00%
-10.84
Long Term Debt Payments
-35.00
0.00
0.00
+100.00%
-10.84
Net Long Term Debt Issuance
-35.00
0.00
0.00
+100.00%
-10.84
Short Term Debt Issuance
30.00
+500.00%
5.00
0.00
0.00
Short Term Debt Payments
-30.00
-500.00%
-5.00
0.00
0.00
Net Short Term Debt Issuance
0.00
0.00
0.00
0.00
Net Common Stock Issuance
174.31
0.00
0.00
-100.00%
0.00
Common Stock Payments
-20.01
0.00
0.00
Repurchase Of Capital Stock
-20.01
0.00
0.00
+100.00%
-55.00
Proceeds From Stock Option Exercised
216.63
+442085.13%
0.05
0.00
-100.00%
10.00
Net Other Financing Charges
-3.86
-7.16
Changes In Cash
964.01
+332.00%
223.15
-52.86%
473.39
+1134.63%
-45.75
Effect Of Exchange Rate Changes
16.34
+322.85%
-7.33
-399.08%
2.45
+145.00%
-5.45
Beginning Cash Position
1,209.96
+21.71%
994.14
+91.81%
518.30
-8.99%
569.50
End Cash Position
2,190.31
+81.02%
1,209.96
+21.71%
994.14
+91.81%
518.30
Free Cash Flow
561.54
+207.18%
182.80
-60.78%
466.05
+842.55%
-62.76
Interest Paid Supplemental Data
3.47
+13225.55%
0.03
0.00
0.00
Income Tax Paid Supplemental Data
12.04
-24.60%
15.97
-18.02%
19.47
-64.70%
55.17
Common Stock Issuance
194.31
0.00
0.00
-100.00%
0.00
Issuance Of Capital Stock
194.31
+382.20%
40.30
+101.49%
20.00
-72.87%
73.73
Net Preferred Stock Issuance
0.00
-100.00%
40.30
+101.49%
20.00
+6.82%
18.72
Preferred Stock Issuance
0.00
-100.00%
40.30
+101.49%
20.00
-72.87%
73.72
Preferred Stock Payments
0.00
0.00
+100.00%
-55.00
Sale Of Business
51.39
0.00
0.00
SEC Filings

Recent 10-K, 10-Q, 8-K, and Form 4 (insider) filings.

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