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Webull Corp (BULLW) Stock Fundamental Analysis & AI Rating 2026

BULLW Nasdaq Security Brokers, Dealers & Flotation Companies E9 CIK: 0001866364
Updated This Month • Analysis: Mar 21, 2026 • SEC Data: 2026-03-21
Combined AI Rating
SELL
44% Confidence
AGREEMENT
SELL
15% Conf
HOLD
72% Conf

📊 BULLW Key Takeaways

Revenue: N/A
Net Margin: N/A
Free Cash Flow: N/A
Current Ratio: N/A
Debt/Equity: N/A
EPS: $0.00
AI Rating: SELL with 15% confidence
Webull Corp (BULLW) receives a SELL rating with 44% confidence from our AI fundamental analysis based on SEC 10-K filings. Below is our complete BULLW stock analysis for 2026.

Is Webull Corp (BULLW) a Good Investment?

Claude

Webull Corp has insufficient SEC financial data available for fundamental analysis, with 99% of key metrics unavailable and no recent data freshness. The lack of accessible income statement, balance sheet, and cash flow data prevents any meaningful assessment of profitability, financial health, or business quality.

ChatGPT

Webull’s fundamentals improved sharply in 2025, with full-year revenue rising to about $571 million from $390 million and net income turning positive at roughly $24.8 million versus a loss in 2024. Balance sheet quality also improved after the business combination, with about $653 million of cash, positive equity of roughly $1.0 billion, and only $65 million of unsecured promissory notes. The main constraint on a more bullish view is earnings quality: revenue remains heavily tied to trading activity, payment for order flow, interest income, and a concentrated set of market-making and clearing partners.

Why Buy Webull Corp Stock? BULLW Key Strengths

Claude
  • + Listed on Nasdaq exchange suggesting regulatory compliance
  • + Operates in financial services sector with licensing requirements
  • + CIK registration indicates SEC filer status
ChatGPT
  • + Strong top-line momentum, with 2025 revenue up about 46% year over year and fourth-quarter revenue up about 50%
  • + Profitability inflected positively, with 2025 net income of about $24.8 million versus a 2024 net loss of about $22.7 million
  • + Liquidity and capitalization improved materially, with about $653 million in cash, positive shareholders' equity, and low financial debt relative to equity

BULLW Stock Risks: Webull Corp Investment Risks

Claude
  • ! Critical absence of revenue, net income, and profitability data
  • ! No balance sheet information to assess financial health or leverage
  • ! Insufficient cash flow data to evaluate operational sustainability
  • ! Zero insider trading activity in last 90 days suggests limited transparency
  • ! Only 1 metric available out of comprehensive financial suite indicates data reporting gaps
ChatGPT
  • ! Revenue quality is cyclical and sensitive to trading volumes, customer risk appetite, and interest-rate conditions
  • ! A large share of revenue depends on payment for order flow and a limited number of market makers and liquidity providers
  • ! Rapid expansion into new products and geographies could pressure margins and raise compliance, regulatory, and execution risk

Key Metrics to Watch

Claude
  • * Revenue and operating income from next SEC filing
  • * Total assets and shareholders equity for capital base assessment
  • * Operating and free cash flow for business sustainability validation
ChatGPT
  • * Sustained net income and operating margin improvement relative to revenue growth
  • * Revenue mix concentration in payment for order flow and interest-related income versus more diversified fee streams

Webull Corp (BULLW) Financial Metrics & Key Ratios

Revenue
N/A
Net Income
N/A
EPS (Diluted)
$0.00
Free Cash Flow
N/A
Total Assets
N/A
Cash Position
N/A

💡 AI Analyst Insight

The current ratio below 1.0x warrants monitoring of short-term liquidity.

BULLW Profit Margin, ROE & Profitability Analysis

Gross Margin N/A
Operating Margin N/A
Net Margin N/A
ROE N/A
ROA N/A
FCF Margin N/A

BULLW vs Finance Sector: How Webull Corp Compares

How Webull Corp compares to Finance sector averages

Net Margin
BULLW 0.0%
vs
Sector Avg 25.0%
BULLW Sector
ROE
BULLW 0.0%
vs
Sector Avg 12.0%
BULLW Sector
Current Ratio
BULLW 0.0x
vs
Sector Avg 1.2x
BULLW Sector
Debt/Equity
BULLW 0.0x
vs
Sector Avg 2.0x
BULLW Sector

Sector benchmarks are approximate industry averages. Actual sector performance may vary.

Is Webull Corp Stock Overvalued? BULLW Valuation Analysis 2026

Based on fundamental analysis, Webull Corp has mixed fundamental signals relative to the Finance sector in 2026.

Return on Equity
N/A
Sector avg: 12%
Net Profit Margin
N/A
Sector avg: 25%
Revenue Growth
N/A
Year-over-year
Debt/Equity
N/A
Sector avg: 2x

Note: This is a fundamental analysis based on SEC filings. For P/E ratio, price targets, and market-based valuation, consult financial data providers. This is not investment advice.

Webull Corp Balance Sheet: BULLW Debt, Cash & Liquidity

Current Ratio
N/A
Quick Ratio
N/A
Debt/Equity
N/A
Debt/Assets
0.0%
Interest Coverage
N/A
Long-term Debt
N/A

BULLW Revenue Growth, EPS Growth & YoY Performance

Revenue Growth
N/A
Year-over-year
Net Income Growth
N/A
Year-over-year
EPS Growth
N/A
Earnings per share
FCF Margin
N/A
Free cash flow / Revenue

BULLW SEC Filings: Latest 10-K & 10-Q Analysis

Access official SEC EDGAR filings for Webull Corp (CIK: 0001866364)

📋 Recent SEC Filings

Date Form Document Action
Apr 14, 2026 4 xslF345X06/primary_doc.xml View →
Apr 13, 2026 4 xslF345X06/primary_doc.xml View →

Frequently Asked Questions about BULLW

What is the AI rating for BULLW?

Webull Corp (BULLW) has a Combined AI Rating of SELL from Claude (SELL) and ChatGPT (HOLD) with 44% combined confidence, based on fundamental analysis of SEC EDGAR filings.

What are BULLW's key strengths?

Claude: Listed on Nasdaq exchange suggesting regulatory compliance. Operates in financial services sector with licensing requirements. ChatGPT: Strong top-line momentum, with 2025 revenue up about 46% year over year and fourth-quarter revenue up about 50%. Profitability inflected positively, with 2025 net income of about $24.8 million versus a 2024 net loss of about $22.7 million.

What are the risks of investing in BULLW?

Claude: Critical absence of revenue, net income, and profitability data. No balance sheet information to assess financial health or leverage. ChatGPT: Revenue quality is cyclical and sensitive to trading volumes, customer risk appetite, and interest-rate conditions. A large share of revenue depends on payment for order flow and a limited number of market makers and liquidity providers.

What is BULLW's revenue and growth?

Webull Corp reported revenue of N/A.

Does BULLW pay dividends?

Webull Corp does not currently pay dividends.

Where can I find BULLW SEC filings?

Official SEC filings for Webull Corp (CIK: 0001866364) including 10-K, 10-Q, and 8-K reports are available on SEC EDGAR.

What is BULLW's EPS?

Webull Corp has a diluted EPS of $0.00.

How is the AI analysis conducted?

Two independent AI systems — Claude (Anthropic) and ChatGPT (OpenAI) — analyze SEC EDGAR filings including 10-K annual reports and 10-Q quarterly reports. Each AI evaluates financial health, profitability ratios, balance sheet strength, and growth metrics. The combined rating reflects both perspectives for balanced insights.

Is BULLW a good stock to buy right now?

Based on our AI fundamental analysis in April 2026, Webull Corp has a SELL rating with 44% confidence. Review the strengths and risks sections above before making a decision. This is not investment advice.

Is BULLW stock overvalued or undervalued?

Valuation metrics for BULLW: ROE of N/A (sector avg: 12%), net margin of N/A (sector avg: 25%). Compare these metrics with sector averages to assess valuation.

Should I buy BULLW stock in 2026?

Our dual AI analysis gives Webull Corp a combined SELL rating for 2026. Revenue is data pending, with profitability at or below sector average. Always conduct your own research.

What is BULLW's free cash flow?

Webull Corp's operating cash flow is N/A, with capital expenditures of N/A.

How does BULLW compare to other Finance stocks?

Vs Finance sector averages: Net margin N/A (avg: 25%), ROE N/A (avg: 12%), current ratio N/A (avg: 1.2).

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Disclaimer: This analysis is generated by Claude AI (Anthropic) and ChatGPT (OpenAI) based on publicly available SEC EDGAR filings. It does not include stock price data and should not be considered financial advice. All fundamental data is sourced from SEC public domain filings. Always conduct your own research and consult with a qualified financial advisor before making investment decisions.
Data Source: SEC EDGAR | Analysis Date: Mar 21, 2026 | Data as of: 2026-03-21 | Powered by Claude AI