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Mar 3, 2026 4:11 PM

EXCLUSIVE: Bull in the Arena—Webull CEO Says Serious Retail Traders are the Moat

Webull Corp. (NASDAQ:BULL) heads into its fourth‑quarter report on Wednesday with analysts looking for another strong top‑line print and continued profitability, as CEO Anthony Denier leans on a platform "built for the active, self-directed investor from day one."

BULL stock is moving ahead of earnings. See the price action here.

Wall Street's Expectations 

Analysts expect Webull to deliver Q4 revenue of about $160.8 million and EPS of 4 cents, which would cap a year in which revenue has already climbed from roughly $117.4 million in Q1 to $131.5 million in Q2 and $156.9 million in Q3. 

Segment‑wise, investors will watch whether trading‑related revenues and interest income can sustain Q3's pace, when trading revenue rose about 64% year over year and interest‑related income climbed roughly 30% plus on larger client balances, margin usage and stock lending. 

Customer assets grew 84% year-over-year to $21.2 billion and DARTs topped 1.1 million, highlighting how sensitive BULL remains to retail engagement and volatility going into Q4.

Trading, options and prediction markets

Denier argues that retail investors are Webull's most durable moat. 

He told Benzinga that "what differentiates Webull is our long-term commitment to building a comprehensive ...