Bullish (NYSE:BLSH) Given Average Recommendation of “Hold” by Brokerages

Shares of Bullish (NYSE:BLSH) have earned an average recommendation of “Hold” from the thirteen ratings firms that are presently covering the firm, Marketbeat Ratings reports. One analyst has rated the stock with a sell recommendation, seven have assigned a hold recommendation and five have given a buy recommendation to the company. The average 12 month price objective among brokers that have covered the stock in the last year is $52.0833.

A number of research firms recently issued reports on BLSH. Canaccord Genuity Group dropped their price target on shares of Bullish from $68.00 to $50.00 and set a “buy” rating on the stock in a research note on Monday, November 24th. Rosenblatt Securities cut their target price on shares of Bullish from $52.00 to $39.00 and set a “buy” rating for the company in a research note on Friday. Citigroup decreased their price target on shares of Bullish from $77.00 to $67.00 and set a “buy” rating on the stock in a research note on Monday, December 22nd. JPMorgan Chase & Co. lowered their price objective on Bullish from $42.00 to $41.00 and set a “neutral” rating on the stock in a report on Friday. Finally, Weiss Ratings reissued a “sell (d)” rating on shares of Bullish in a report on Monday, December 29th.

More Bullish News

Here are the key news stories impacting Bullish this week:

• Positive Sentiment: ARK Invest disclosed purchases of Bullish shares, signaling institutional demand and raising investor interest in the name. ARK extends Coinbase selling streak with another $22M sale, adds Bullish
• Positive Sentiment: Bullish’s Q4 earnings call struck an upbeat tone — management highlighted surging revenue and improving margins, which helped shift sentiment despite a large EPS miss on the headline number. Investors often reward clear growth and margin recovery narratives even when GAAP EPS lags. Bullish Earnings Call Highlights Surging Growth, Rising Margins
• Positive Sentiment: Bullish CEO Tom Farley publicly said the crypto sector is headed for “massive consolidation,” positioning Bullish as a potential acquirer/beneficiary if deals accelerate — a strategic narrative that can lift sentiment in volatile markets. ‘Massive consolidation’ expected across crypto industry: Bullish CEO
• Neutral Sentiment: Independent coverage and financial write-ups (e.g., American Banking News) are circulating analyses of Bullish alongside peers; these provide additional context but haven’t changed the core upside drivers. Financial Analysis: Bullish (NYSE:BLSH) and Bluemount (NASDAQ:BMHL)
• Negative Sentiment: Rosenblatt Securities cut its price target on Bullish to $39, a reminder that some sell-side analysts remain cautious after the big EPS miss and ongoing industry volatility. That adds downside pressure if positive momentum fades. Rosenblatt Securities Cuts Bullish (NYSE:BLSH) Price Target to $39.00

Bullish Stock Performance

Shares of Bullish stock opened at $32.13 on Thursday. The stock has a 50-day moving average price of $39.11. The company has a debt-to-equity ratio of 0.15, a quick ratio of 27.69 and a current ratio of 29.28. Bullish has a fifty-two week low of $24.79 and a fifty-two week high of $118.00. The firm has a market capitalization of $4.70 billion and a P/E ratio of 1,606.50.

Bullish (NYSE:BLSH) last announced its quarterly earnings results on Thursday, February 5th. The company reported ($3.73) earnings per share for the quarter, missing the consensus estimate of $0.16 by ($3.89). Bullish had a negative net margin of 0.95% and a negative return on equity of 10.58%. The business had revenue of $92.50 million during the quarter. During the same period in the previous year, the company posted $1.37 EPS. The firm’s quarterly revenue was up 67.6% compared to the same quarter last year.

Institutional Investors Weigh In On Bullish

Hedge funds have recently modified their holdings of the business. Tradewinds Capital Management LLC acquired a new position in Bullish during the third quarter worth about $25,000. Ameritas Advisory Services LLC purchased a new position in Bullish in the 3rd quarter worth approximately $29,000. CWM LLC acquired a new position in shares of Bullish during the 3rd quarter worth approximately $31,000. 10Elms LLP purchased a new stake in shares of Bullish in the third quarter valued at approximately $32,000. Finally, Tsfg LLC acquired a new stake in shares of Bullish in the third quarter valued at approximately $45,000.

Bullish Company Profile

Bullish (NYSE: BLSH) is a company that develops and operates digital asset market infrastructure, including a cryptocurrency trading platform and related technology services. The firm’s stated activities focus on providing exchange services, market structure and trading technology designed to support the listing, execution and clearing of digital assets. Bullish positions itself as a bridge between traditional capital markets practices and the evolving cryptocurrency ecosystem.

The business was announced in connection with Block.one, the software developer known for its work on the EOS blockchain, and was formed with the intent of creating a regulated, institutional-grade marketplace for digital assets.