Core Insights - Webull has shown resilience in the market, with its stock price recovering from a low of $9.54 to around $14, reflecting a 19% increase from its 52-week low [2] - The company has reintroduced 24/7 crypto trading, covering over 50 assets, which is expected to boost trading volumes significantly [4] - Webull's Q2 2025 earnings report highlighted strong revenue growth of 46% year-over-year, reaching $131.5 million, driven by a 63% increase in trading-related revenue [9] Company Overview - Webull is headquartered in Saint Petersburg, Florida, and operates as a digital-first broker, providing retail investors access to equities, options, and ETFs [3] - The company's market capitalization is currently at $7.2 billion, and it has evolved into the second-largest mobile-first brokerage in the U.S. [5][3] - Webull's trading platform is characterized by execution speed, a sleek design, and an all-in-one trading ecosystem tailored for retail investors [5] Financial Performance - In Q2 2025, Webull achieved an adjusted operating profit of $23.3 million, with adjusted net income turning positive at $15.4 million, compared to a loss of $1.5 million a year prior [9] - Customer assets surged by 64% to an all-time high of $15.9 billion, with net deposits increasing by 37% year-over-year [10] - Funded accounts grew by 9% to 4.73 million, and registered users increased by 18% to nearly 25 million [10] Market Position and Growth Potential - Analysts project Webull's revenue growth to sustain over 25% annually through 2027, driven by crypto and international expansion [16] - The company holds licenses in 14 regions, including Hong Kong, Singapore, and the UK, which are seen as significant growth opportunities [15] - Webull's return to crypto trading is expected to enhance user engagement and trading volume, positioning the company favorably in the evolving trading landscape [18] Analyst Sentiment - Chris Brendler of Rosenblatt initiated coverage with a "Buy" rating and a target price of $19, emphasizing the potential of crypto and international markets as growth drivers [13] - The consensus rating for BULL stock is a "Moderate Buy," with a mean price target of $18.50, suggesting a potential upside of 30% [17] - Analysts are optimistic about Webull's ability to capitalize on the resurgence of cryptocurrency and favorable market conditions [20]
Analysts Are Pounding the Table on This 1 Under-the-Radar Crypto Stock
Yahoo Finance·2025-10-03 21:30