Webull (NASDAQ:BULL) Shares Gap Up – Still a Buy?

Posted by Brian Himes on Oct 9th, 2026

Webull Corporation (NASDAQ:BULL – Get Free Report) shares gapped up prior to trading on Friday. The stock had previously closed at $5.95, but opened at $6.22. Webull shares last traded at $6.1550, with a volume of 5,195,707 shares changing hands.

Key Headlines Impacting Webull

Here are the key news stories impacting Webull this week:

Positive Sentiment: Analyst remains bullish: Rosenblatt Securities lowered its price target from $15 to $12 but maintained a “buy” rating. The revised target still represents substantial potential upside, suggesting the firm views the recent selloff as excessive.
Positive Sentiment: Elevated call-option activity: Investors purchased more than 100,000 Webull call options, approximately 62% above typical volume. This indicates speculative bullish interest, although options activity can also increase volatility.
Neutral Sentiment: Strong recent operating results: Webull’s latest reported quarter included $198.8 million in revenue, up 51.2% year over year, and earnings of $0.12 per share versus analyst expectations of $0.01. However, those results have been overshadowed by the governance and national-security controversy.
Negative Sentiment: China-ties concerns remain the primary overhang: A bipartisan House committee report alleged that Webull’s ownership structure, workforce, infrastructure, financing, compliance systems and cross-border data practices are structurally connected to China. Critics also questioned whether sensitive U.S. customer information could be accessed by Chinese authorities. Webull has rejected the findings as inaccurate. Crypto platform Webull is getting slammed over its alleged China ties
Negative Sentiment: Regulatory and litigation risk is rising: Multiple law firms have announced investigations or securities-fraud class actions alleging that Webull misrepresented its U.S. identity, data protections and China-related risks. These announcements could increase legal costs, reputational damage and uncertainty over potential government action. Investor Alert: Robbins LLP Informs Investors of the Webull Corporation Class Action Lawsuit

Wall Street Analysts Forecast Growth

BULL has been the subject of several research analyst reports. Wall Street Zen raised shares of Webull from a “sell” rating to a “hold” rating in a research note on Saturday, August 22nd. Rosenblatt Securities decreased their price objective on shares of Webull from $15.00 to $12.00 and set a “buy” rating on the stock in a report on Friday. Weiss Ratings upgraded shares of Webull from a “sell (d-)” rating to a “sell (d)” rating in a report on Monday, September 14th. Finally, Scotiabank upgraded shares of Webull from a “sector perform” rating to a “sector outperform” rating and set a $9.00 target price for the company in a report on Friday. Three research analysts have rated the stock with a Buy rating, one has given a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, the stock has an average rating of “Hold” and a consensus target price of $10.00.

Get Our Latest Research Report on Webull

Webull Stock Up 6.1%

The stock has a market capitalization of $3.36 billion, a PE ratio of 78.07 and a beta of 0.64. The stock has a fifty day moving average of $8.13 and a 200-day moving average of $7.11.

Webull (NASDAQ:BULL – Get Free Report) last issued its quarterly earnings results on Wednesday, August 19th. The company reported $0.12 earnings per share for the quarter, topping the consensus estimate of $0.01 by $0.11. The company had revenue of $198.83 million for the quarter. Webull had a return on equity of 5.95% and a net margin of 6.26%.The business’s revenue for the quarter was up 51.2% on a year-over-year basis. Equities research analysts expect that Webull Corporation will post 0.14 EPS for the current year.

Insider Transactions at Webull

In related news, CFO Haichen Wang sold 55,000 shares of the company’s stock in a transaction that occurred on Monday, September 14th. The shares were sold at an average price of $8.98, for a total transaction of $493,900.00. Following the sale, the chief financial officer directly owned 772,046 shares in the company, valued at approximately $6,932,973.08. This represents a 6.65% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, President Anthony Michael Denier sold 53,848 shares of the firm’s stock in a transaction that occurred on Tuesday, August 25th. The shares were sold at an average price of $8.83, for a total transaction of $475,477.84. Following the completion of the sale, the president directly owned 2,332,295 shares in the company, valued at approximately $20,594,164.85. This trade represents a 2.26% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last ninety days, insiders sold 320,659 shares of company stock valued at $2,781,375. 35.00% of the stock is currently owned by corporate insiders.

Institutional Investors Weigh In On Webull

A number of hedge funds and other institutional investors have recently modified their holdings of BULL. Greenland Capital Management LP lifted its position in shares of Webull by 0.3% during the 2nd quarter. Greenland Capital Management LP now owns 1,158,725 shares of the company’s stock worth $2,225,000 after buying an additional 2,912 shares during the last quarter. Versant Capital Management Inc grew its position in shares of Webull by 79.8% in the 2nd quarter. Versant Capital Management Inc now owns 7,335 shares of the company’s stock valued at $48,000 after buying an additional 3,255 shares during the last quarter. Allworth Financial LP raised its stake in Webull by 67.0% during the 2nd quarter. Allworth Financial LP now owns 8,320 shares of the company’s stock worth $54,000 after acquiring an additional 3,337 shares in the last quarter. Hsbc Holdings PLC raised its stake in Webull by 19.5% during the 1st quarter. Hsbc Holdings PLC now owns 55,456 shares of the company’s stock worth $264,000 after acquiring an additional 9,063 shares in the last quarter. Finally, Ritter Alpha LP purchased a new stake in Webull in the first quarter valued at $48,000. 92.48% of the stock is currently owned by institutional investors and hedge funds.

Webull Company Profile

(Get Free Report)

Webull Corporation (NASDAQ:BULL) is a financial technology company that operates a digital investment platform and online brokerage. Its services are designed for self-directed investors and provide access to market information, research tools, charting and portfolio-management features through mobile and web-based applications.

Through its brokerage businesses, Webull offers trading in products that may include U.S.-listed stocks, exchange-traded funds, options and fractional shares, along with retirement accounts, margin services and other investing features, subject to availability and regulatory requirements.