Webull shares would need to surge 313% from $7.26 to reach $30 by 2031, a target that requires forward EPS to expand to $1.00 and a 30x multiple. The company posted a 104% jump in equity notional trading volume to $261 billion in the first quarter, but a 68% rise in operating expenses against 36% revenue growth drove a GAAP net loss of $21.72 million. Wall Street analysts have a consensus price target of $12.33, while the 24/7 Wall St. model sets a base case of $10.25. CEO Anthony Denier cited record demand from sophisticated investors, though a potential ban on payment for order flow remains the fastest threat to the outlook.
Webull CorpGAAP net loss and rising expenses overshadow revenue growth, while a potential PFOF ban threatens outlook.
NVIDIA Corporation