BULL · Webull Corp
The AI's read
Rosenblatt flags Webull's July run rate roughly 10% above its Q3 estimate and calls for a Q2 beat, driven by huge year-over-year options and DART growth. That suggests revenue mix is shifting toward higher-monetization options, which matters for profitability. The market has pulled the stock down about 2.8% after the note, so sellers are skeptical despite the data. But the underlying y/y growth (options contracts +88%, total DARTs +73%, assets +62%) looks not fully priced into the share level. Bottom line: we lean bullish on BULL as a company-specific recovery story, but size exposure carefully given the downtrend market regime and the stock's recent pullback. Watch the Q2 print and management commentary for confirmation before leaning harder.