Overview

• Digital investment platform's Q4 revenue grew 50% yr/yr, driven by trading-related revenue

• Net income for Q4 decreased due to higher marketing and branding expenses

• Company partnered with Meritz Financial Group to expand in South Korea

Result Drivers

• TRADING REVENUE - Co reported a 56% yr/yr increase in trading-related revenue, driven by strong performance in equities and options businesses

• MARKETING EXPENSES - Higher marketing and branding expenses contributed to a decrease in net income for the quarter

Company press release: ID:nPreG14nVa

Key Details

Analyst Coverage

• The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 2 "strong buy" or "buy", no "hold" and no "sell" or "strong sell"

• The average consensus recommendation for the financial technology (fintech) peer group is "buy"

• Wall Street's median 12-month price target for Webull Corp is $18.50, about 210.4% above its March 3 closing price of $5.96

• The stock recently traded at 35 times the next 12-month earnings vs. a P/E of 55 three months ago

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)