Stock fact sheet · data as of
Webull Corporation Class A Ordinary Shares (BULL): fair value, margin of safety and Wheel Score
Ticker symbol BULL · Technology · Software - Application · United States · Class A ordinary shares · Growth
BULL is Webull Corporation Class A Ordinary Shares's Class A ordinary shares. The classes own the same business, share the same earnings report and trade within a few cents of each other; what differs is mainly the vote each share carries - the company's annual report sets out the voting rights.
Is BULL undervalued?
At 5.39 (close of 5 Nov 2026), BULL trades 28% under the GLS average fair value of 7.47. 3 of the 8 models that produced a value land above the price. A discount of this size counts as a positive margin of safety in every GLS scan; whether it is enough depends on the rest of the picture - the health score, the moat and the option premium below.
There is a wide gap between EPV (0.8920) and 10 Cap (24.38). When the models are this far apart the "fair value" is really a range, and the margin of safety above should be read with that range in mind.
Ranked against every other company we cover, BULL is clearly faster-growing than it is cheap, so the nightly engine files it under Growth (value score 45, growth score 88, out of 100).
Nine valuation models for BULL
Each model turns the latest filed numbers into a value per share; the GLS fair value is the simple average of the ones that produce a positive number. The last two rows are shown for reference and never enter the average. The Quote page lets you switch any model off and add your own margin of safety.
| Model | Value | vs price | What it measures |
|---|---|---|---|
| DCF | 13.16 | +144% | Present value of the projected free cash flows, discounted at the cost of capital |
| Graham Number | 1.88 | -65% | The most a defensive investor pays for the earnings and book value per share |
| Graham Growth | 4.59 | -15% | Graham's growth formula: EPS × (8.5 + 2 × growth), adjusted for bond yields |
| Lynch | 2.01 | -63% | EPS × the earnings growth rate (PEG of 1), growth capped at 25% |
| GLS Growth | 4.91 | -9% | EPS compounded ten years at the blended growth rate, discounted back at 15% a year |
| 10 Cap | 24.38 | +352% | Owner's earnings (operating cash flow less maintenance capex) capitalised at 10% |
| Payback Time | 7.95 | +47% | Eight years of compounded free cash flow: the price at which the business pays for itself |
| DDM | - | - | Dividend discount model: next year's dividend ÷ (10% − 3% growth); needs a dividend; no value tonight |
| EPV | 0.8920 | -83% | Earnings power value: current EPS capitalised at 9% with no growth |
| Zombie (liquidation) | 1.70 | -68% | Current assets less all liabilities, per share: the balance-sheet floor. Not in the average |
| Wall St target | 12.00 | +123% | Analysts' average 12-month price target. Not in the average |
Quality and financial health
Webull Corporation Class A Ordinary Shares scores 5 of 9 on the Piotroski F-score: a middling result that falls one point short of the "Piotroski 6 or more" Wheel Trade Filter. Some of the nine tests on profitability, leverage and efficiency are failed, so the accounts are worth a look before selling a put on the name. On durability BULL scores 5.8/10 on the GLS Moat - a middle reading; the Moat Score tab on the Quote page's Financials view shows which of the four parts hold it back.
Returns on capital are thin or negative - ROIC 2.3%, ROE 2.4%, ROA 0.6% - with debt at 0.08 times equity and negative free cash flow.
Webull Corporation Class A Ordinary Shares pays no dividend, so the DDM model does not apply and a covered-call holder earns only the premium and any price gain. Revenue comes mainly from Other Revenue 96%, Other 5% (fiscal year FY2025).
Institutional ownership scores 5/10, insider activity 1/10 and Congressional trading 5/10 on the GLS smart-money scales; the last recorded insider buy was on 30 Sep 2026.
| Piotroski F-score | 5 / 9 | ROIC | 2.3% |
|---|---|---|---|
| GLS Moat | 5.8 / 10 | ROE | 2.4% |
| Debt / equity | 0.08 | ROA | 0.6% |
| Free-cash-flow yield | 0.0% | Payout ratio | 0% |
| Institutions | 5 / 10 | Insiders · Congress | 1 · 5 / 10 |
Wheel Score 50: Fair
A Wheel Score of 50 keeps Webull Corporation Class A Ordinary Shares under 70, the mark only a stock that passes all 9 Wheel Trade Filters can reach: it fails filter 4, financially healthy - Piotroski 5/9 (under 6). The parts: value strong, premium strong, moat fair, health fair, red flags fair, option trading strong, stability fair.
Implied volatility is 67% on the near-the-money contracts 20-60 days out - above the 60% top of the sweet spot. It still passes the 25-80% filter, but the Wheel Score rewards it less because volatility this high usually comes with a reason. The option chain is deep: 116,316 contracts of open interest across all expiries, which means tight fills at most strikes.
Volume runs at 7.3M shares a day on a market cap of $2.6B, with a beta of 0.58 - a low beta, so day-to-day moves are smaller than the market's; the Stability part of the Wheel Score rates that fair.
| Filter | Wheel Trade Filter | Result | Detail |
|---|---|---|---|
| 1 | Options that actually trade | Passes | Listed options with 1,000+ contracts of open interest and 100+ traded a day |
| 2 | A real business, not a gamble | Passes | Profitable over the last twelve months - not a speculative stock, fund or note |
| 3 | Below fair value | Passes | Trading below the nine-model average fair value (margin of safety above 0) |
| 4 | Financially healthy | Fails | Piotroski 5/9 (under 6) |
| 5 | Can repay its debt | Passes | Long-term debt repaid from 3 years of operating cash flow or less (6 for real estate and utilities; banks and insurers are not judged on it) |
| 6 | No serious red flags | Passes | Red Flags score 60 or more out of 100 (earnings, margins, debt, analysts, filings and price checked the same way for every stock) |
| 7 | A premium worth selling | Passes | Implied volatility 25-80% (enough premium, not a lottery ticket) |
| 8 | Big enough | Passes | Market cap $1 billion or more |
| 9 | Not a penny stock | Passes | Share price $5 or more |
| How it ranks | Rating | From | |
|---|---|---|---|
| Value | Strong | 28% below fair value | |
| Premium | Strong | implied volatility 67% | |
| Moat | Fair | moat 5.8/10 | |
| Health | Fair | Piotroski 5/9 | |
| Red Flags | Fair | Red Flags score 75/100 | |
| Option trading | Strong | 16,299 contracts a day, 116,316 open interest | |
| Stability | Fair | beta 0.58, $2.6B company |
The Wheel Score ranks ~7,400 US stocks for selling cash-secured puts and covered calls: a stock must pass all 9 Wheel Trade Filters to score 70, and the score then ranks the ones that pass; the Sunday Scan is the top 10. It is updated nightly and is not a recommendation. How the Wheel Score works · the walkthrough lesson shows how it fits into a trade, start to finish.
Upcoming events
Webull Corporation Class A Ordinary Shares reports earnings on 19 Nov 2026 (after the close) - inside the 14-day window the Sunday Scan avoids, because a put sold now would carry the report's gap risk.
Analysts upgraded BULL 1 time in the last 30 days with no downgrades; the latest action was an upgrade by Scotiabank on 9 Oct 2026.
Earnings, dividend, IPO, split and economic calendars for the whole market, filterable to your watchlists.
Similar stocks in Software - Application
The 12 companies below are the closest to Webull Corporation Class A Ordinary Shares by market cap within the Software - Application industry, each with its own fact sheet; the Compare page puts up to eight of them side by side.
| Stock | Close | Fair value | MoS | Wheel | Mkt cap |
|---|---|---|---|---|---|
| VERX Vertex, Inc. | 15.92 | 5.11 | -212% | 26Weak | $2.6B |
| ASAN Asana, Inc. | 11.64 | 9.59 | -21% | 29Weak | $2.7B |
| BLKB Blackbaud, Inc. | 56.06 | 88.60 | +37% | 51Fair | $2.5B |
| FIVN Five9, Inc. | 36.35 | 31.98 | -14% | 31Weak | $2.7B |
| NCNO nCino, Inc. | 23.44 | 17.20 | -36% | 33Weak | $2.5B |
| BVC BitVentures Limited | 16.33 | 2.83 | -477% | 16No options | $2.7B |
| GRND Grindr Inc. | 14.01 | 29.38 | +52% | 49Weak | $2.4B |
| KC Kingsoft Cloud Holdings Limited | 8.10 | 25.77 | +69% | 33Weak | $2.4B |
| PLUS ePlus inc. | 90.47 | 51.97 | -74% | 40Weak | $2.4B |
| LIFX Life360, Inc. | 11.82 | 11.11 | -6% | 15No options | $2.9B |
| AMPL Amplitude, Inc. | 17.19 | 5.61 | -206% | 28Weak | $2.3B |
| SPSC SPS Commerce, Inc. | 85.24 | 95.20 | +10% | 77Good | $3.0B |
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A free GLS Equity account gets you nightly fair value and the Wheel Score on ~7,400 US stocks, a watchlist, the scanner preview and the Sunday Scan - the top 10 stocks that pass all 9 Wheel Trade Filters, emailed every week. Pro adds the full put and call scanners, unlimited watchlists with alerts and the trade journal.
Start free See the Sunday ScanQuestions about BULL
What kind of share is BULL?
BULL is Webull Corporation Class A Ordinary Shares's Class A ordinary shares. The classes own the same business, share the same earnings report and trade within a few cents of each other; what differs is mainly the vote each share carries - the company's annual report sets out the voting rights.
Is BULL undervalued right now?
By the GLS models, moderately: at 5.39 the stock trades 28% below the average fair value of 7.47 (data as of 5 Nov 2026).
What is the Wheel Score of BULL and what does it mean?
BULL scores 50 out of 100 (Fair) - it fails Wheel Trade Filter 4. The Wheel Score ranks stocks for the wheel strategy - selling cash-secured puts, then covered calls if assigned - in two parts: the 9 pass/fail Wheel Trade Filters (busy options, a real business, below fair value, Piotroski 6 or more, debt it can repay, a Red Flags score of 60 or more, implied volatility of 25-80%, a $1 billion company, $5 a share) and a ranking of how strongly a stock passes on value, premium, moat, health, red flags, option trading and stability. A stock that fails any filter stays under 70; 70-84 is Good, 85 and above is Prime. The Sunday Scan is the top 10 that pass, sorted by Wheel Score.
What is the GLS fair value for BULL?
7.47 per share as of 5 Nov 2026 - the simple average of the 8 valuation models (out of nine: DCF, Graham Number, Graham Growth, Lynch, GLS Growth, 10 Cap, Payback Time, DDM and EPV) that produced a positive value. The models run every night on the latest filings; the Quote page lets you switch any of them off and add a margin of safety of your own.
When does Webull Corporation Class A Ordinary Shares report earnings next?
The next earnings report is due on 19 Nov 2026 (after the close), 14 days from the data date of 5 Nov 2026. The Calendars page lists every upcoming report with its time of day.
Does BULL have listed options, and how liquid are they?
Yes. The nightly snapshot found 100 listed contracts with 116,316 open interest across all expiries and implied volatility of 67% on the near-the-money contracts. The Options scanner lists the cash-secured put and covered call set-ups with premium and annualised yield worked out.