Bullish (NYSE:BLSH - Get Free Report)'s stock price was down 6.8% during trading on Tuesday . The stock traded as low as $63.70 and last traded at $64.12. Approximately 3,287,819 shares traded hands during trading, a decline of 42% from the average daily volume of 5,699,803 shares. The stock had previously closed at $68.79.
Wall Street Analysts Forecast Growth
Several equities analysts have recently weighed in on the company. Citigroup lifted their price objective on Bullish from $66.00 to $70.00 and gave the company a "buy" rating in a research note on Thursday, September 18th. Sanford C. Bernstein initiated coverage on shares of Bullish in a research report on Monday, September 8th. They set a "market perform" rating and a $60.00 price target on the stock. Deutsche Bank Aktiengesellschaft assumed coverage on shares of Bullish in a research report on Monday, September 8th. They issued a "hold" rating and a $51.00 price objective for the company. Jefferies Financial Group assumed coverage on shares of Bullish in a research note on Monday, September 8th. They issued a "hold" rating and a $49.00 target price on the stock. Finally, Keefe, Bruyette & Woods initiated coverage on shares of Bullish in a research report on Monday, September 15th. They set a "market perform" rating and a $55.00 price target for the company. Four equities research analysts have rated the stock with a Buy rating and eight have given a Hold rating to the company. According to MarketBeat.com, the company has an average rating of "Hold" and an average target price of $57.33.
Get Our Latest Stock Report on BLSH
Bullish Trading Down 5.3%
The stock has a market capitalization of $9.52 billion and a P/E ratio of -1,288.77.
Bullish (NYSE:BLSH - Get Free Report) last released its quarterly earnings results on Wednesday, September 17th. The company reported ($0.05) earnings per share for the quarter, missing analysts' consensus estimates of ($0.04) by ($0.01). The company had revenue of $57.00 million for the quarter, compared to analyst estimates of $55.91 million. Bullish has set its Q3 2025 guidance at EPS.
About Bullish
(
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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.
Further Reading
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