$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).

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