Webull: Why The Bear Case Is Louder Than It Should Be

Webull: Why The Bear Case Is Louder Than It Should Be

Webull has been upgraded from Hold to Buy after a 35% stock decline and notable multiple compression. BULL's consistent revenue beats since IPO reinforce confidence in management and the company's growth trajectory. Despite not being the cheapest, BULL's valuation appears justified if top- and bottom-line growth persists. Risks remain, but improved outlook and potential for rerating support a more bullish stance on BULL.

I have been cautious about Webull Corporation (BULL) for a while now. Roughly 8 months ago, I initiated coverage and rated the brokerage platform as a Hold. Now, it looks like it wasn't a bad call after