Bullish (BLSH) Stock Price, News & Analysis

Company Overview

Bullish is a digital asset exchange and financial technology company that provides infrastructure and trading services for the cryptocurrency market. Its platform is designed to serve institutional and professional investors, offering access to digital asset trading and related market services.

The company’s activities include spot cryptocurrency trading, custody and portfolio-management tools, lending services, and market data. Bullish emphasizes institutional-grade infrastructure, liquidity, security and regulatory compliance in the operation of its digital asset marketplace.

Bullish was founded in 2021 and was established with backing from Block.one and other investors. The company operates internationally, although the availability of its products and services may vary by jurisdiction. Tom Farley, formerly president of the New York Stock Exchange, serves as Bullish’s chief executive officer.

Key Stats

• Today's Range: $38.72 to $40.75
• 50-Day Range: $21.79 to $40.31
• 52-Week Range: $20.55 to $74.98
• Volume: 2.41 million shs
• Average Volume: 1.54 million shs
• Market Capitalization: $6.08 billion
• P/E Ratio: N/A
• Dividend Yield: N/A
• Price Target: $45.89
• Consensus Rating: Hold

Bullish Stock Analysis - MarketRank™

Bullish scored higher than 60% of companies evaluated by MarketBeat, and ranked 513th out of 837 stocks in the finance sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 3.3 / 5
• Analyst Rating: Hold

Consensus Rating

Bullish has received a consensus rating of Hold. The company's average rating score is 2.40, and is based on no strong buy ratings, 5 buy ratings, 4 hold ratings, and 1 sell rating.

Upside Potential

Bullish has a consensus price target of $45.89, representing about 13.8% upside from its current price of $40.31.

Amount of Analyst Coverage

Bullish has been the subject of 7 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

Earnings and Valuation

• Score: 1.9 / 5
• Proj. Earnings Growth: 226.09%

Earnings Growth

Earnings for Bullish are expected to grow by 226.09% in the coming year, from $0.46 to $1.50 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Bullish is -4.35, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Earnings Ratio vs. Sector

The P/E ratio of Bullish is -4.35, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Book Value per Share Ratio

Bullish has a P/B Ratio of 1.79. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Short Interest

• Score: 1.0 / 5
• Short Interest Level: Bearish

Percentage of Shares Shorted

5.68% of the float of Bullish has been sold short.

Short Interest Ratio / Days to Cover

Bullish has a short interest ratio ("days to cover") of 4.71.

Change versus previous month

Short interest in Bullish has recently increased by 2.79%, indicating that investor sentiment is decreasing.

Dividend

• Score: 0.0 / 5
• Dividend Strength: N/A

Dividend Yield

Bullish does not currently pay a dividend.

Dividend Growth

Bullish does not have a long track record of dividend growth.

News and Social Media

• Score: 2.7 / 5
• News Sentiment: 0.35

News Sentiment

Bullish has a news sentiment score of 0.35. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.66 average news sentiment score of Finance companies.

News Coverage This Week

MarketBeat has tracked 46 news articles for Bullish this week, compared to 9 articles on an average week.

Search Interest

Only 12 people have searched for BLSH on MarketBeat in the last 30 days. This is a decrease of 0% compared to the previous 30 days.

MarketBeat Follows

5 people have added Bullish to their MarketBeat watchlist in the last 30 days. This is an increase of 150% compared to the previous 30 days.

Company Ownership

• Score: N/A
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, Bullish insiders have not sold or bought any company stock.

Percentage Held by Institutions

Bullish has minimal institutional ownership at this time.

Company Calendar

• Last Earnings: 8/13/2026
• Today: 9/21/2026
• Fiscal Year End: 12/31/2026

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Finance
• Industry: Capital Markets
• Sub-Industry: Financial Exchanges & Data
• Current Symbol: NYSE:BLSH
• Previous Symbol: NYSE:BLSH
• CIK: 1872195
• Web: www.bullish.com
• Phone: 852-3761-9140
• Fax: N/A
• Employees: 414
• Year Founded: 2020

Price Target and Rating

• Average Price Target for Bullish: $45.89
• High Price Target: $65.00
• Low Price Target: $25.00
• Potential Upside/Downside: +13.8%
• Consensus Rating: Hold
• Rating Score (0-4): 2.40
• Research Coverage: 10 Analysts

Profitability

• EPS (Trailing Twelve Months): ($9.26)
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: 87.63
• P/E Growth: N/A
• Net Income: -$764.68 million
• Net Margins: -389.38%
• Pretax Margin: -403.83%
• Return on Equity: 2.48%
• Return on Assets: 2.06%

Debt

• Debt-to-Equity Ratio: 0.20
• Current Ratio: 23.52
• Quick Ratio: 22.41

Sales & Book Value

• Annual Sales: $288.45 million
• Price / Sales: 21.08
• Cash Flow: $0.33 per share
• Price / Cash Flow: 122.22
• Book Value: $22.56 per share
• Price / Book: 1.79

Miscellaneous

• Outstanding Shares: 150,830,000
• Free Float: N/A
• Market Cap: $6.08 billion
• Optionable: N/A
• Beta: N/A