Relief Coming For BULL Stock? CEO Says Next Month's PDT Rule Reversal Could Unlock 20% More Trading

• CEO Anthony Denier expects the reversal of the Pattern Day Trader rule to drive a significant increase in transaction activity over time. 
• Denier also said that AI was central to Webull’s long-term strategy.
• The stockbroker posted a 36% growth in Q1 revenue of $159.93 million, beating Wall Street expectations.

Shares of Webull Corp. (BULL) rose more than 1.3% in overnight trading headed into Friday, on track to reverse three consecutive days in the red, after the company’s deposits grew significantly and a reversal of the Pattern Day Trader (PDT) rule boosted sentiment.

For the quarter, the company’s customer assets grew 90% year-on-year to $24 billion, while institutional business also posted significant growth.

CEO Anthony Denier said that the results signaled not just a strong quarter but also “confirm that Webull is executing on the right long-term strategy.”

Retail interest in the company surged, with message volumes on the platform growing more than 634% in the last 24 hours, even as sentiment jumped from ‘bearish’ to ‘extremely bullish’ in the same time.

BULL Q1 Snapshot

The financial services company posted first-quarter (Q1) revenue of $159.93 million, representing 36% YoY growth and ahead of Wall Street expectations, according to Fiscal.ai data. While WeBull posted a net loss of $0.04 per share, it narrowed YoY.

PDT Rule Reversal Boosts BULL Prospects

Last month, the Financial Industry Regulatory Authority (FINRA) eliminated the Pattern Day Trader (PDT) rule, which required margin traders making four or more day trades in five business days to maintain at least $25,000 in their accounts. This is likely to boost the company's transaction volume.

“The average account size at Webull as of our end-of-quarter AUM sits just below $5,000 per account. The biggest cohort of clients that we have on the Webull platform is directly impacted by this rule change,” Denier said.

The CEO expects this to drive at least a 20% increase in transaction activity over time. “This is not going to happen on day one on June fourth, but I believe this will happen over time,” he said in a call with investors. “This is a very big event for us, and we’re making sure that we’re taking full advantage of it,” he added.

BULL’s AI Strategy

Denier also noted that Webull is prioritizing long-term strategy over short-term margins, with AI central to its plans. The company’s 2026 roadmap focuses on improving tools for active traders, expanding globally, and strengthening its institutional and B2B infrastructure.

The CEO highlighted the company’s new AI products, including Vega Analyst, Portfolio Blueprint for one-click portfolio construction, and AI Portfolio for agentic trading and portfolio management.

“AI sits at the center of everything we are building,” Denier reiterated.

BULL Stock: Retail Stance

One user expressed optimism, saying the stock should be at least $25. The stock closed at $6.61 on Thursday.

Another user said, “We need new price target and coverage by the analysts.”

However, another user sounded caution, saying, “broke major support today. This might drop in the coming weeks.”

BULL shares have declined more than 47% in the last 12 months.

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