Bullish (NYSE:BLSH) Price Target Raised to $59.00 at Cantor Fitzgerald

Key Points

• Cantor Fitzgerald has raised the price target for Bullish (NYSE:BLSH) from $56.00 to $59.00, indicating an upside of 8.94% from its current share price.
• Most analysts currently rate the stock as a "Hold," with an average target price of $56.50 and four analysts giving it a "Buy" rating.
• Bullish recently reported a quarterly loss of ($0.05) EPS, missing expectations, but revenue of $57.00 million exceeded analysts' forecasts.

Bullish (NYSE:BLSH - Free Report) had its price objective lifted by Cantor Fitzgerald from $56.00 to $59.00 in a report released on Thursday morning, MarketBeat Ratings reports. They currently have an overweight rating on the stock.

A number of other analysts have also recently weighed in on the company. Jefferies Financial Group started coverage on Bullish in a research report on Monday, September 8th. They set a "hold" rating and a $49.00 price target on the stock. Rosenblatt Securities lifted their price objective on Bullish from $60.00 to $62.00 and gave the stock a "buy" rating in a research note on Thursday. Canaccord Genuity Group restated a "buy" rating and set a $68.00 price target on shares of Bullish in a research note on Thursday. Zacks Research upgraded Bullish to a "hold" rating in a research note on Tuesday, September 9th. Finally, Wall Street Zen lowered Bullish from a "hold" rating to a "sell" rating in a research note on Saturday, September 13th. Four research analysts have rated the stock with a Buy rating and eight have given a Hold rating to the company. According to data from MarketBeat, the company presently has an average rating of "Hold" and a consensus price target of $57.33.

Bullish Price Performance

Shares of NYSE BLSH traded down $1.48 on Thursday, hitting $67.70. The company had a trading volume of 4,813,329 shares, compared to its average volume of 6,077,021. Bullish has a 12-month low of $47.88 and a 12-month high of $118.00. The company has a market capitalization of $9.90 billion and a price-to-earnings ratio of -1,339.11.

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

Bullish Company Profile

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.