Is Webull Corp. overvalued or undervalued?

As of 28 August 2025, the valuation grade for Webull Corp. has moved from expensive to risky, indicating a shift in perception regarding its financial health and market position. The company appears to be overvalued, especially given its P/E ratio of -477.34 and EV to EBITDA ratio of 301.04, which are significantly higher than typical industry benchmarks. Additionally, the absence of a PEG ratio and dividend yield further underscores the challenges in assessing its growth potential.
In comparison to its peers, Webull Corp. stands out with a notably high EV to EBITDA ratio, while other companies in the software products industry may present more attractive valuations. For instance, while specific peer ratios were not provided, the context suggests that Webull's metrics are less favorable. Over the past year, Webull's stock has returned 12.95%, lagging behind the S&P 500's return of 17.14%, reinforcing the notion that the stock may not be a compelling investment at its current valuation.