Key Takeaways
- Compass Point’s Ed Engel launched coverage on Webull (BULL) with a Buy recommendation and $9 price objective, representing approximately 64% potential upside.
- The analyst highlighted Webull’s expansion into prediction markets and cryptocurrency trading as primary catalysts through 2026–2028.
- Webull’s valuation of roughly 20x earnings matches Robinhood and Interactive Brokers, despite demonstrating superior growth metrics.
- Latest financial results showed revenue climbing to $165.2M from $110.3M year-over-year, representing significant momentum from elevated trading volumes.
- Five Wall Street analysts maintain a consensus price objective of $13.00, though sentiment varies with recent rating adjustments.
Webull has captured the attention of a prominent Wall Street analyst who sees substantial upside ahead. Ed Engel from Compass Point launched research coverage with a Buy recommendation and established a $9 price objective, pointing to approximately 64% appreciation potential from current levels.
Webull Corporation Class A Ordinary Shares, BULL
Engel characterized Webull as “a new name to watch” — positioning the online brokerage as a company in the opening stages of its expansion trajectory.
The shares currently change hands near $5.48, representing a steep decline from the 52-week peak of $79.56. This dramatic price swing underscores the considerable volatility shareholders have experienced.
Webull’s technology platform enables everyday investors to trade equities, exchange-traded funds, options, and digital currencies — accessible via smartphone and computer applications. Operating in a competitive landscape, the company has successfully built a dedicated user base among frequent traders.
Engel’s optimistic outlook focuses heavily on two emerging revenue streams: prediction markets and cryptocurrency services. Both initiatives launched in 2025 and are projected to generate accelerated expansion through 2028.
The analyst anticipates these segments will enable Webull to outpace established rivals including Robinhood (HOOD) and Interactive Brokers (IBKR) during the coming years.
Price Multiples and Top-Line Expansion
Regarding valuation metrics, Webull presently commands approximately 20 times earnings — a multiple comparable to those more mature competitors. Engel’s thesis is straightforward: superior growth should eventually command premium valuation, not a discount.
Top-line performance demonstrates encouraging momentum. Webull’s latest quarterly report revealed $165.2 million in revenue, advancing from $110.3 million in the comparable prior-year period. This represents an impressive 50% annual increase.
The acceleration stemmed from elevated transaction volumes and improved customer engagement throughout the platform ecosystem.
Engel anticipates the shares could experience multiple expansion as institutional capital allocators begin scrutinizing Webull’s financial performance more closely.
Presently, approximately 92.48% of outstanding shares are controlled by hedge funds and institutional investment firms, indicating substantial professional investor support already exists.
Wall Street Sentiment Remains Divided
Not every analyst covering the name shares Engel’s enthusiasm. The aggregate recommendation from five brokerage firms registers as “Moderate Buy,” though opinions diverge significantly.
The rating distribution includes one sell recommendation, one hold, two buys, and one strong buy. The mean 12-month price objective across all analysts stands at $13.00.
Rosenblatt Securities reduced its target from $15.00 to $12.00 while maintaining a buy stance. Zacks Research downgraded Webull from strong-buy to hold during February. Wall Street Zen shifted to a sell recommendation most recently.
Regarding institutional activity, multiple funds established fresh positions during recent reporting periods. Jones Financial Companies expanded its holdings by 860.7% in the third quarter. Legal & General Group, Osaic Holdings, and Tower Research Capital each initiated new stakes.
Technical indicators show the 50-day moving average at $7.05 and the 200-day at $9.81 — both positioned substantially above today’s $5.48 trading level.


