Webull (BULL) Stock Pops on Record Profit and a Rule Change That Unlocked Retail Traders

TLDR

• Webull Q2 revenue hit $198.8 million, beating Wall Street’s $165.7 million forecast
• Adjusted EPS of $0.05 topped the expected $0.04
• Trading-related revenue jumped 66% year-over-year to $147.7 million
• The June 4 elimination of the Pattern Day Trader rule drove a surge in active trading on the platform
• Northland Securities raised its price target on BULL from $14 to $15, maintaining a Buy rating

Webull (BULL) stock jumped 13.8% in pre-market trading on Wednesday after the digital brokerage posted its best quarterly results since going public. The stock reached $9.83 in pre-open trading, up from its previous close of $8.64.

Webull Corporation Class A Ordinary Shares, BULL

Q2 2026 revenue came in at $198.8 million, well ahead of the $165.7 million Wall Street had expected. Adjusted EPS of $0.05 also beat the $0.04 consensus estimate.

Trading-related revenue was the standout line item, climbing 66% year-over-year to $147.7 million. Adjusted operating profit surged 169% to a record $62.6 million.

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