November 26, 2025 – Webull Corporation (NASDAQ: BULL) is bouncing back from its recent all‑time lows as traders digest stronger‑than‑expected Q3 earnings and rising expectations of a Federal Reserve rate cut in December.
Webull Stock Price Today, 26 November 2025
Webull Corporation shares are trading sharply higher on Wednesday, with the stock staging a notable rebound from last week’s lows.
- Last trade (late morning U.S. session): around $9.2 per share, up roughly 5–6% versus Tuesday’s close near $8.70.
- Intraday range: roughly $9.07 to $9.40, according to real‑time quote data from major market platforms.
- 52‑week range:$7.57 (low on November 21, 2025) to $79.56 (high in April 2025), underscoring how far the stock has fallen since its post‑SPAC surge.
- Bounce from lows: at today’s ~$9.2 price, Webull is now about 22% above its 52‑week low of $7.57 hit just days ago, but still around 88% below its April peak near $80.
- Volume: Webull appears on the “Most Active” Nasdaq list, with more than 9 million shares already traded today and a last reported price of $9.215. That compares with a 3‑month average volume around 22 million shares, so activity is strong but not extreme versus recent norms. Yahoo Finance+1
In pre‑market trading, Webull was among the top U.S. movers: coverage from The Economic Times highlighted the stock jumping about 6.3% to $9.25 as index futures climbed on easing inflation and growing rate‑cut hopes.
What’s Driving the Webull (BULL) Rally Today?
Today’s move is being driven by three overlapping forces: a powerful rebound from oversold levels, a strong Q3 earnings beat, and macro optimism tied to potential Federal Reserve easing.
1. “Bouncing off all‑time lows”
A widely circulated Benzinga piece titled “Webull (BULL) Stock Is Bouncing Off All‑Time Lows: What’s Going On?” frames today’s action as a classic “buy the dip” move after a brutal drawdown. Benzinga+1
Key points from that report:
- Webull’s stock had collapsed into all‑time/52‑week lows after months of selling pressure and post‑SPAC volatility.
- Today’s rebound comes as traders re‑evaluate the fundamental story—strong Q3 growth and a swing to profitability—against a severely compressed share price.
Earlier this month, several outlets highlighted Webull as “oversold”, with its Relative Strength Index (RSI) dropping below 30 and the stock appearing in lists of “oversold names to watch” ahead of earnings. Nasdaq+1
2. Strong Q3 earnings surprise
Today’s Benzinga coverage explicitly links the move to Webull’s better‑than‑expected Q3 2025 results, released on November 20.
According to earnings summaries and the company’s official press release:
- Q3 revenue: $156.9 million, up 55% year‑on‑year, beating analyst expectations around $135–136 million.
- EPS:$0.07 per share, versus consensus estimates near $0.02.
- Net income:$21.7 million, a swing from a loss in the prior‑year quarter.
- Adjusted net income:$32.9 million, compared with an adjusted net loss of $5.7 million a year ago.
That combination of rapid top‑line growth and a shift to profitability gives dip‑buyers fundamental cover for stepping in after the sell‑off.
3. Fed rate‑cut bets lifting high‑beta names
Today’s broader market narrative is also working in Webull’s favor:
- U.S. equity futures and major indices are trading higher as investors respond to cooler inflation data and falling Treasury yields, fueling bets on a December Fed rate cut.
- Coverage of pre‑market trade specifically called out Webull as leading gainers as traders rotated back into fintech and growth names that had been hit hardest by higher rates.
Because Webull’s revenue is highly sensitive to trading activity, leverage and risk appetite, it tends to behave like a higher‑beta play on market sentiment. Lower expected discount rates and a more upbeat risk tone make the stock more attractive to speculative capital—at least in the short term.
Q3 2025: A Profitable Growth Inflection for Webull
The Q3 2025 earnings report is the core of the Webull story right now.
According to the company’s filing, press release and third‑party summaries:
- Total revenues:
- $156.9 million, +55% year‑over‑year (from about $101 million in Q3 2024).
- Growth was driven by higher equity and options trading volumes, interest‑related income and handling fees.
- Trading‑related revenue:
- +64% YoY, underscoring the leverage to active retail trading.
- Operating expenses:
- +18% YoY on a GAAP basis; adjusted operating expenses +13% YoY to $120.2 million, showing improving operating leverage as revenue grows faster than costs.
- Profitability metrics:
- Adjusted operating profit: about $36.7–36.8 million, versus a $5.4 million loss in the prior‑year quarter.
- Adjusted operating margin improved from roughly ‑5% to about 23%.
- Net income: $21.7 million; adjusted net income: $32.9 million.
User‑level metrics also improved strongly:
- Customer assets:$21.2 billion, an 84% YoY increase, helped by market recovery, strong net deposits (~$2.1 billion in Q3) and the Webull Pay acquisition.
- Funded accounts:4.93 million, up about 9% YoY.
- Registered users:25.9 million, up 17% YoY.
- Options volume:147 million contracts in Q3, +24% YoY and up nearly 16% quarter‑on‑quarter.
In short, the Q3 numbers illustrate rapid scale‑up with improved unit economics, which is a major reason today’s buyers are willing to step in despite the stock’s heavy drawdown.
Expansion Story: Crypto, Fixed Income and Global Markets
Beyond quarterly numbers, Webull is trying to position itself as a global multi‑asset trading platform, not just a U.S. stock app.
Recent strategic moves include:
- Crypto relaunch and expansion
- Brazil relaunch: Webull re‑entered the cryptocurrency market in June by enabling digital asset trading in Brazil, with plans to expand into additional regions.
- U.S. crypto trading returns: In August, the company brought back crypto trading for U.S. users, reintegrating its Webull Pay unit and capitalizing on improving regulatory clarity.
- Crypto futures push: On October 30, Webull added futures on Dogecoin, Solana, XRP and other coins via an ongoing partnership with Coinbase Derivatives, broadening its futures offering for active traders.
- Corporate bond and fixed income build‑out
- In October, Webull launched corporate bond trading for U.S. investors, part of a broader push into fixed income products and yield‑seeking tools.
- Asia‑Pacific expansion
- South Korea: Earlier this month, Webull announced a partnership with Meritz Financial Group to enter the South Korean market, leveraging Meritz’s brand and Webull’s technology stack.
- Singapore & APAC futures: A separate deal with CQG provides professional‑grade futures infrastructure for Webull Singapore and other APAC entities, supporting global order routing and risk tools.
- Europe & Australia
- Webull EU: In September, Webull launched Webull EU with a headquarters in Amsterdam, targeting the European online trading market with the Netherlands as its first EU country.
- Australia: Webull’s Australian subsidiary recently cut minimum ASX trading fees to A$1, a pricing move aimed at gaining share in the competitive local brokerage market.
- Education & brand initiatives
- Webull became an official online broker sponsor of Young Investors Society’s “Dollar‑a‑Day” challenge, tying the brand to youth financial education. Quantisnow
Taken together, these moves show Webull using its public‑company capital base to expand geographically and across asset classes—but they also require sustained investment and bring execution and regulatory risk.
Valuation, Technicals and Analyst Views
Fundamentals and valuation
Despite the profitable Q3, Webull remains loss‑making on a trailing 12‑month basis:
- TTM revenue: about $514.8 million.
- TTM net income: roughly ‑$522 million, reflecting earlier heavy losses and SPAC‑related accounting items.
At today’s ~$9.2 share price:
- Market capitalization: roughly $4.6–4.7 billion.
- That implies a price‑to‑sales multiple near 9x trailing revenue—elevated versus many traditional brokers, but not unusual for high‑growth fintech if growth and profitability can be sustained.
There is no dividend, and trailing P/E is not meaningful due to negative TTM earnings.
Short interest and sentiment
Short sellers are active but not dominating the float:
- Latest data show roughly 10 million shares sold short, equal to about 2% of shares outstanding and around 3–4% of free float, with a short‑interest ratio under 1 day.
This points to moderate, not extreme, squeeze potential: enough short interest to add fuel to up‑moves, but not the kind of deep short positioning seen in classic meme squeezes.
On the analyst side:
- Rosenblatt Securities initiated coverage of Webull with a Buy rating in late September, seeing upside from international expansion and crypto trading.
- After the Q3 print and the stock’s slide, Rosenblatt cut its price target to $15 from $19, still implying material upside from sub‑$10 levels.
- Aggregators such as MarketBeat and StockAnalysis report a consensus rating around “Moderate/Strong Buy”, with an average target price of roughly $16.50, suggesting potential upside of about 70–90% from today’s quote—assuming the company executes. MarketBeat+2StockAnalysis+2
Those targets are not guarantees, but they show that professional coverage, while more cautious, has not turned outright bearish even after the post‑SPAC collapse.
Technical picture
Technically, Webull is in a short‑term rebound within a longer‑term downtrend:
- The stock now trades close to its 20‑day moving average but remains well below its 50‑ and 100‑day averages (around $11–13), reflecting the severity of the recent sell‑off.
- Some services, like Investing.com, now label BULL’s daily technical summary as “Strong Buy” after today’s bounce, with many oscillators flashing buy signals and an RSI approaching overbought territory. Investing.com
- Others, such as StockInvest.us, still flag mixed or negative signals, emphasizing the stock’s position below long‑term averages and recent high volatility.
For technically minded traders, that mix translates into a higher‑risk, momentum‑driven setup rather than a clean long‑term trend reversal.
Key Risks Facing Webull Stock
Despite today’s rally, several material risks remain:
- Extreme volatility and post‑SPAC overhang
Webull’s shares famously spiked more than 500% following their SPAC listing in April 2025, hitting $79.56 before giving back most of those gains.
The stock remains deeply underwater relative to that peak, and sentiment around speculative SPAC names is still fragile. - Potential dilution from equity facility
In July, Webull secured a $1 billion standby equity purchase agreement with Yorkville Advisors. The stock fell about 9% on the news as investors worried about future dilution if the company issues shares into the facility. - Business model cyclicality
Like many commission‑lite brokers, Webull’s revenue is heavily exposed to trading volumes, market volatility and risk appetite. A calmer or bearish market could put pressure on volumes and high‑margin options activity. - Regulatory and crypto exposure
Webull’s renewed push into cryptocurrencies and derivatives—including futures and cross‑border offerings—adds regulatory complexity in the U.S. and abroad, and exposes earnings to swings in crypto sentiment. - Execution risk in global expansion
The company is simultaneously expanding in Europe, Brazil, South Korea, Singapore and Australia, each with its own regulatory, competitive and operational challenges.
Investors following BULL will need to watch whether management can sustain profitability while funding this expansion and managing equity dilution.
What to Watch Next for Webull (BULL)
Looking ahead from today’s action, several catalysts stand out:
- Federal Reserve decision in December – A confirmed rate cut, or a clear pivot in guidance, could further support risk assets and trading activity; a hawkish surprise could do the opposite.
- Trading activity and deposits in Q4 – The market will be looking for evidence that the Q3 growth in customer assets, options volume and net deposits is sustainable into year‑end.
- Updates on the $1B standby equity agreement – How and when management chooses to use this facility will signal the balance between growth investment and shareholder dilution.
- Product and regional roll‑outs – Progress in South Korea, the EU and expanded crypto/futures offerings will help determine whether Webull can build a defensible global franchise.
For now, November 26, 2025 marks a constructive day for Webull shareholders: the stock is climbing off its lows, supported by solid Q3 fundamentals and a friendlier macro backdrop, even as longer‑term risks and volatility remain elevated.
Important note: This article is for informational and news purposes only and does not constitute financial, investment, tax or legal advice. Stock markets are volatile and any investment decision should be based on your own research and, where appropriate, consultation with a licensed financial professional.
