Bullish (NYSE:BLSH) Given Consensus Recommendation of "Hold" by Analysts

Key Points

• Analysts have given Bullish (NYSE:BLSH) a consensus recommendation of "Hold," with eight analysts rating it as hold and four as buy.
• The average 1-year price target set by analysts for Bullish stock is $57.33, with recent upgrades including Citigroup raising their target to $70.00.
• Bullish reported a loss of $0.05 per share against expectations of ($0.04) while achieving revenue of $57 million in the last quarter.

Shares of Bullish (NYSE:BLSH - Get Free Report) have been assigned a consensus recommendation of "Hold" from the twelve brokerages that are covering the firm, MarketBeat.com reports. Eight equities research analysts have rated the stock with a hold recommendation and four have given a buy recommendation to the company. The average 1-year price target among analysts that have updated their coverage on the stock in the last year is $57.3333.

Several analysts have recently weighed in on the company. Sanford C. Bernstein assumed coverage on Bullish in a report on Monday, September 8th. They set a "market perform" rating and a $60.00 price target on the stock. Cantor Fitzgerald boosted their price target on Bullish from $56.00 to $59.00 and gave the stock an "overweight" rating in a report on Thursday, September 18th. Zacks Research upgraded Bullish to a "hold" rating in a report on Tuesday, September 9th. New Street Research set a $56.00 price target on Bullish in a report on Thursday, September 18th. Finally, Citigroup boosted their price target on Bullish from $66.00 to $70.00 and gave the stock a "buy" rating in a report on Thursday, September 18th.

Bullish Trading Up 11.3%

Bullish stock opened at $67.66 on Friday. Bullish has a 12-month low of $47.88 and a 12-month high of $118.00. The stock has a market capitalization of $9.89 billion and a price-to-earnings ratio of -1,338.38.

Bullish (NYSE:BLSH - Get Free Report) last released its earnings results on Wednesday, September 17th. The company reported ($0.05) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of ($0.04) by ($0.01). The business had revenue of $57.00 million during the quarter, compared to analysts' expectations of $55.91 million. Bullish has set its Q3 2025 guidance at EPS.

About Bullish

Bullish is an institutionally focused global digital asset platform that provides market infrastructure and information services. Our objective is to provide mission critical products and services that are designed to help institutions grow their businesses, empower individual customers, and drive the adoption of stablecoins, digital assets, and blockchain technology.

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