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Bullish (NYSE:BLSH) Sets New 1-Year Low - What's Next?

Bullish logo with Computer and Technology background

Key Points

  • Bullish's stock experienced a significant drop, hitting a new 52-week low of $53.01, down from a previous close of $62.03, with a total trading volume of over 6.4 million shares.
  • Analysts have recently set a consensus rating of "Hold" for Bullish, with a target price of $45.00 following an initiation of coverage by Compass Point.
  • Bullish operates as an institutionally focused global digital asset platform, aiming to provide critical products and services to promote the adoption of stablecoins and blockchain technology.
  • Five stocks to consider instead of Bullish.

Bullish (NYSE:BLSH - Get Free Report)'s stock price hit a new 52-week low on Thursday . The stock traded as low as $53.01 and last traded at $53.97, with a volume of 6472753 shares traded. The stock had previously closed at $62.03.

Analysts Set New Price Targets

BLSH has been the topic of a number of recent analyst reports. Compass Point initiated coverage on Bullish in a report on Wednesday. They set a "neutral" rating and a $45.00 target price on the stock. Wall Street Zen upgraded Bullish to a "hold" rating in a report on Saturday, August 30th. One analyst has rated the stock with a Hold rating, According to MarketBeat.com, Bullish has a consensus rating of "Hold" and an average price target of $45.00.

View Our Latest Analysis on BLSH

Bullish Trading Down 13.0%

Bullish Company Profile

(Get Free Report)

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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