$BULL

Webull Is Having a Monster Quarter. Is BULL Stock Still a Buy?

Webull (BULL) reported record Q2 revenue of $199M, up 51% YoY, with GAAP EPS of $0.04. The company's stock is up 12.65% over the past week but remains 42.13% below its 52-week high. 24/7 Wall St. sets a $9.03 price target, implying 1% upside, with a hold recommendation. The company's valuation at 43x forward earnings is compared to peers like Robinhood (HOOD) and Interactive Brokers (IBKR).

Original reporting
Published Aug 23, 2026, 12:45 AM UTC
Analysis
alphai AI DeskAI-generated
Added to alphai Aug 23, 2026, 1:13 AM UTC. Informational, not investment advice.
How this was made
alphai summarizes source reporting and applies a structured AI analysis for relevance, timing, sentiment and ticker impact. Always verify material claims with the original publisher.
Webull Is Having a Monster Quarter. Is BULL Stock Still a Buy? — source image
Decision brief

The 30-second read

$BULLBullishLow
01

Why it matters

The earnings release provides fresh data on revenue, EPS, and user growth, informing valuation models.

02

Market read

Earnings beat and record revenue suggest modest near‑term upside but limited upside potential.

03

What to watch

Potential slowdown in DART activity and higher contra revenue may erode margins.

Relevance 7/10Novelty 7/10Timing: post-market Q2 earnings release

Background

Webull's Q2 results follow the June 4th elimination of the Pattern Day Trader rule, which boosted trading activity.

Company-level read

Ticker impact

$BULLBullishMedium confidence
Context

Webull reported a record $199M Q2 revenue and GAAP EPS $0.04, its first earnings disclosure for the quarter.

Expected impact

Modest upside, ~1% target over current price.

Evidence & confidence

The numbers are solid but the stock is already near target; limited upside.

Market effects

Highlights competitive pressure on Robinhood and Interactive Brokers in retail brokerage space.

Shows strong US retail trading activity post‑PDT rule repeal.

International expansion plans may affect Asian brokerage markets.

Counterpoint

Regulatory risk to PFOF rebates could sharply cut Webull's revenue model.

Key entities

  • Webull

    NASDAQ-listed brokerage firm (ticker BULL).

Related articles

$BULLMed

Webull Q2 Earnings Call Highlights

Webull reported Q2 earnings with customer assets up 79% YoY to $28.5B, net deposits up 7% to $1.6B, and funded accounts up 8% to 5.13M. Adjusted operating profit rose 169% YoY to $62.6M. The company expanded internationally and plans to maintain marketing spend. Crypto revenue was $2.25M (1% of total), and prediction-markets revenue grew 71% sequentially.

$BULLMed

Webull (BULL) Stock Asks Whether Record Margins Can Justify Its P/E

Webull reported strong Q2 results with revenue of $198.8M and adjusted operating profit of $62.6M, achieving a 31.5% adjusted operating margin. The company's stock rose 2.4% to $8.85. Management highlighted the removal of the Pattern Day Trader (PDT) rule as a key driver of growth, increasing trading activity. However, bears caution about the company's dependence on speculative retail volumes and the sustainability of its profitability.

$BULLHighAI 8/10

Stock Market Today, Aug. 20: Webull Initially Surges 14%, Ends 2% Higher After Record Q2 Revenue and Earnings Beat

Webull (BULL) closed at $8.85, up 2.43%, after reporting Q2 revenue and earnings that beat expectations. The company saw 51% sales growth, 67% increase in trading-related revenue, and nearly tripled adjusted operating profit. Trading volume was 301% above its 3-month average. The S&P 500 and Nasdaq Composite both declined. Robinhood (HOOD) and Interactive Brokers (IBKR) also fell.

$BULLHighAI 8/10

Webull Rockets 13% on Record Quarter as Day-Trader Rule Change Fuels Volume; Robinhood Holds Steady

Webull (BULL) stock rose 13% to $9.76 after reporting Q2 2026 revenue of $198.8M, up 51% YoY, and adjusted EPS of $0.05, beating estimates. Customer assets surged 79% to $28.5B, driven by the elimination of the Pattern Day Trader rule. Robinhood (HOOD) stock was unchanged at $95.34. Webull's growth was fueled by existing customers trading more, not new users.

$BULLMed

BULL Stock Rises As Webull Unveils Powerful AI Trading Tools

Webull Corporation (NASDAQ: BULL) stock rose 14.24% after the company launched AI trading tools, including connectors to ChatGPT, Claude, and Grok, and a command-line interface. The stock has been in an uptrend, trading between $9.60 and $10.20. Webull reported $571M in revenue, a market valuation of 7.4x sales, and strong returns on equity and assets. The AI upgrades aim to enhance trader engagement and workflow efficiency.

$BULLHighAI 8/10

Why is Webull stock surging today?

Webull Corp's stock surged 11.8% in after-hours trading to $9.66 after reporting record Q2 revenue of $198.83M and adjusted EPS of $0.05, both exceeding estimates. Revenue grew 51% YoY, driven by increased trading activity and regulatory changes. Customer assets and users also increased significantly. Analysts maintained a Buy rating and $13.00 price target.