Bullish’s (BLSH) Neutral Rating Reiterated at Rosenblatt Securities

Bullish (NYSE:BLSH)‘s stock had its “neutral” rating reissued by investment analysts at Rosenblatt Securities in a report released on Thursday,Benzinga reports. They presently have a $39.00 target price on the stock. Rosenblatt Securities’ target price points to a potential upside of 0.91% from the company’s previous close.

Several other research analysts have also recently commented on BLSH. Weiss Ratings reiterated a “sell (d)” rating on shares of Bullish in a research note on Friday, March 27th. JPMorgan Chase & Co. cut their price target on Bullish from $42.00 to $41.00 and set a “neutral” rating on the stock in a research note on Friday, February 6th. Wall Street Zen upgraded Bullish from a “sell” rating to a “hold” rating in a research note on Monday, February 23rd. Citigroup cut their price target on Bullish from $67.00 to $65.00 and set a “buy” rating on the stock in a research note on Wednesday, March 18th. Finally, Sanford C. Bernstein restated a “market perform” rating and set a $50.00 price objective on shares of Bullish in a research note on Tuesday, January 6th. Four investment analysts have rated the stock with a Buy rating, eight have given a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, the company currently has an average rating of “Hold” and a consensus target price of $51.92.

Bullish Trading Up 2.8%

NYSE:BLSH opened at $38.65 on Thursday. 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 one year low of $24.79 and a one year high of $118.00. The business’s 50-day simple moving average is $34.09 and its 200 day simple moving average is $42.86. The stock has a market cap of $5.83 billion and a price-to-earnings ratio of 386.47.

Bullish (NYSE:BLSH) last released its quarterly earnings results on Friday, February 6th. The company reported ($3.73) EPS for the quarter, missing the consensus estimate of $0.16 by ($3.89). Bullish had a negative return on equity of 10.58% and a negative net margin of 0.95%.The business had revenue of $92.51 million during the quarter. During the same quarter last year, the business posted $1.37 EPS. The business’s quarterly revenue was up 67.6% on a year-over-year basis.

Institutional Trading of Bullish

Several institutional investors and hedge funds have recently bought and sold shares of BLSH. Tradewinds Capital Management LLC acquired a new stake in Bullish during the third quarter valued at approximately $25,000. Rakuten Securities Inc. bought a new position in shares of Bullish during the fourth quarter valued at approximately $28,000. Ameritas Advisory Services LLC bought a new position in shares of Bullish during the third quarter valued at approximately $29,000. Strs Ohio bought a new position in shares of Bullish during the fourth quarter valued at approximately $30,000. Finally, MetLife Investment Management LLC bought a new position in shares of Bullish during the fourth quarter valued at approximately $30,000.

Key Bullish News

Here are the key news stories impacting Bullish this week:

• Positive Sentiment: Analysts have set a higher price target for Bullish, which supports upside expectations and dealer coverage interest. Analysts Set Bullish (NYSE:BLSH) Price Target at $51.92
• Positive Sentiment: Macro risk‑on moves this week — including a U.S.–Iran ceasefire that helped the Dow and broader risk assets — are lifting crypto‑adjacent and growth names like Bullish by improving sentiment toward speculative assets. Dow Jones Surges Over 2% On US-Iran Ceasefire As Bullish April Seasonality Kicks In
• Positive Sentiment: JPMorgan’s trading desk has turned tactically bullish on markets, which can amplify short‑term flows into higher‑beta and crypto‑linked platforms like Bullish. JPMorgan Flips to Tactically Bullish as ‘Euphoria Returns to the Markets’
• Neutral Sentiment: Bullish published its March 2026 monthly metrics (trading volume, average spreads, volatility measures for BTC/ETH). The release increases transparency and gives investors fresh operational data; the market impact depends on the detailed numbers in the metrics package. Bullish releases March 2026 monthly metrics
• Negative Sentiment: Key fundamentals remain a headwind: the company’s Feb quarterly report showed a large EPS miss, negative return on equity and net margin, and revenue growth that has yet to translate into consistent profitability — all of which keep risk elevated despite positive headlines. (Background: BLSH reported a miss for the quarter ended Feb 6.)
• Negative Sentiment: Valuation is stretched versus fundamentals (high P/E), increasing sensitivity to any negative news or a pullback in risk appetite.

About Bullish

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.