Webull's CEO Anthony Denier had a lot to say on the March 4 earnings call. But the single most revealing thing he said wasn't about revenue or AI.
Webull Corporation (BULL) Q4 2025 Earnings Call Transcript
Webull Corporation (BULL) came out with quarterly earnings of $0.03 per share, missing the Zacks Consensus Estimate of $0.05 per share. This compares to earnings of $0.07 per share a year ago.
Webull Corporation (BULL) has been upgraded to a Zacks Rank #1 (Strong Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.
Webull is now trading at a 5.5x TTM sales multiple following a 30% dip in its common shares, even as its fundamentals see rapid improvement. BULL posted 55% year-over-year revenue growth, a 15.55% GAAP operating profit margin, and record net deposits and customer assets in the third quarter. Operating leverage is evident as third-quarter adjusted expenses rose 13% versus 55% revenue growth. Marketing spend dropped 40% year-over-year.
Webull offers a digital, mobile-first trading platform targeting advanced investors, with a differentiated product suite and disciplined cost management. BULL trades at a modest FCF multiple just over 10, supported by a healthy balance sheet and consistent adjusted operating margins around 20%. Growth prospects hinge on new products, asset classes, and global expansion, with potential to double revenue and market cap within five years.
Webull Corporation (BULL) shares have started gaining and might continue moving higher in the near term, as indicated by solid earnings estimate revisions.
Webull Corporation ( BULL ) Q3 2025 Earnings Call November 20, 2025 5:00 PM EST Company Participants Carlos Questell Anthony Michael Denier - President & Director H. Wang - CFO & Director Conference Call Participants Karim Assef Steven Chubak - Wolfe Research, LLC Mike Grondahl - Northland Capital Markets, Research Division Christopher Brendler - Rosenblatt Securities Inc., Research Division Brian Vieten Edward Engel - Compass Point Research & Trading, LLC, Research Division Presentation Operator Good evening, and welcome to Webull's Third Quarter 2025 Conference Call.
New analyst coverage sparks fresh interest in WW and BULL as both stocks show stable 2025 forecasts despite recent declines.
Webull's stock has dropped to our target, and with recent bullish earnings, we now see strong upside potential from here. Revenue growth is re-accelerating, user deposits are rising, and monetization per user is improving, setting a solid foundation for future gains. Margins have expanded significantly as costs remain controlled, with operating profit and profitability trends now clearly positive.
Webull doesn't have a lengthy history as a publicly traded company. However, BULL stock could rocket higher as Webull rapidly grows its revenue and narrows its net loss.
Webull Corporation's stock volatility has subsided post-SPAC, with shares consolidating after an initial surge and steep decline. The company experienced a strong recovery in Q1. Yet, compared to the financial trends in the past years, this is a company that is losing value. Their shareholders' equity is negative by more than $2 billion due to a massive amount of mezzanine equity on their balance sheet.