Webull Corp. (NASDAQ:BULL) shares were in focus Thursday after Rosenblatt Securities reiterated its Buy rating, arguing that heavy marketing spend weighs on near-term profit while setting up a stronger 2026 for the digital brokerage.
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Rosenblatt’s Take On BULL
Analyst Chris Brendler reaffirmed a Buy on BULL and cut his 12‑month price target to 12 from 15, now valuing the stock at 20x 2027 adjusted EBITDA, versus 25x previously.
Webull stock closed at $6.07 on Tuesday implying roughly 100% upside to the new target, with a market cap of about $3.2 billion.
Webull delivered fourth-quarter 2025 revenue of $165.2 million, topping both Rosenblatt’s $162.7 million estimate and Street consensus …