Webull Expands Worldwide As Next-Gen Trading Platform Gains Traction

Core Viewpoint - Webull Corporation is experiencing a positive market response following the initiation of coverage by Rosenblatt analyst Chris Brendler, who has assigned a Buy rating with a price target of $19 [1]. Group 1: Company Overview - Webull is focusing on global expansion and a relaunch of its crypto services in the U.S., targeting active retail traders with competitive fees and advanced trading tools [1][2]. - The company has transitioned from a niche market-data tool to the second-largest mobile-first brokerage in the U.S., capitalizing on the rise of retail trading [4]. Group 2: Financial Performance and Projections - The analyst notes that crypto previously accounted for about 20% of Webull's revenue at its peak, and while this mix may not return soon, it remains a significant factor in revenue forecasts [2]. - Brendler anticipates that Webull can achieve revenue growth exceeding 25% through 2027, driven by increased user engagement and a broader product lineup, including crypto and prediction markets [6]. Group 3: Competitive Positioning - Webull's low and transparent fees, along with its highly rated mobile app and desktop platform, position it favorably against both new entrants and established firms in the brokerage space [3]. - The company has obtained licenses in 14 markets, including Hong Kong, Singapore, Australia, the U.K., and Japan, which are seen as having less competition and greater potential for retail trading adoption [6][7].