Bullish (NYSE:BLSH) Given New $39.00 Price Target at Rosenblatt Securities

Bullish (NYSE:BLSH) had its price target trimmed by Rosenblatt Securities from $52.00 to $39.00 in a report released on Friday morning,Benzinga reports. The brokerage currently has a buy rating on the stock.

Other equities research analysts also recently issued research reports about the company. Sanford C. Bernstein reissued a “market perform” rating and set a $50.00 price target on shares of Bullish in a research report on Tuesday, January 6th. Citigroup decreased their target price on Bullish from $77.00 to $67.00 and set a “buy” rating for the company in a report on Monday, December 22nd. Canaccord Genuity Group cut their price target on shares of Bullish from $68.00 to $50.00 and set a “buy” rating on the stock in a report on Monday, November 24th. Deutsche Bank Aktiengesellschaft upgraded shares of Bullish from a “hold” rating to a “buy” rating and decreased their price objective for the stock from $52.00 to $51.00 in a research note on Wednesday, November 19th. Finally, JPMorgan Chase & Co. reduced their target price on shares of Bullish from $45.00 to $42.00 and set a “neutral” rating on the stock in a report on Tuesday, January 27th. Five equities research analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and one has given a Sell rating to the stock. According to MarketBeat, the company has a consensus rating of “Hold” and an average price target of $52.08.

Bullish Stock Performance

Bullish stock opened at $27.41 on Friday. Bullish has a 1 year low of $24.79 and a 1 year high of $118.00. The company has a current ratio of 38.78, a quick ratio of 36.58 and a debt-to-equity ratio of 0.13. The firm has a 50 day moving average of $39.28. The stock has a market capitalization of $4.01 billion and a P/E ratio of 1,370.50.

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 analysts’ consensus estimates of $0.16 by ($3.89). The company had revenue of $92.50 million during the quarter. Bullish had a negative net margin of 0.95% and a negative return on equity of 11.02%. The firm’s revenue was up 67.6% compared to the same quarter last year. During the same quarter in the previous year, the business posted $1.37 EPS.

Institutional Trading of Bullish

A number of institutional investors and hedge funds have recently modified their holdings of the business. Tradewinds Capital Management LLC bought a new position in shares of Bullish in the 3rd quarter worth about $25,000. Rakuten Securities Inc. acquired a new stake in Bullish during the fourth quarter worth about $28,000. Ameritas Advisory Services LLC bought a new position in Bullish in the third quarter worth about $29,000. Strs Ohio acquired a new position in Bullish in the fourth quarter valued at approximately $30,000. Finally, CWM LLC bought a new position in shares of Bullish during the third quarter valued at approximately $31,000.

Trending Headlines about Bullish

Here are the key news stories impacting Bullish this week:

• Positive Sentiment: High-profile buying lifted demand — Cathie Wood’s Ark-related activity added shares to its crypto exposure after the earnings release, signaling institutional confidence that likely supported the rally. Cathie Wood Loads Up On Bullish After Earnings
• Positive Sentiment: Rosenblatt trimmed its price target from $52 to $39 but kept a “buy” rating — the maintained buy stance from a sell‑side firm provides tactical support despite a lower PT. Rosenblatt Price Target Note
• Neutral Sentiment: Company reported strong top-line growth: Q4 revenue rose ~67.6% year-over-year and Bullish published January monthly metrics — revenue strength and improving volumes are constructive, even as profitability is under pressure. Bullish Q4 Results (Business Wire)
• Negative Sentiment: Big EPS miss and GAAP loss weighed on sentiment — Bullish reported ($3.73) EPS versus a $0.16 consensus and posted a GAAP loss driven by digital‑asset writedowns, creating headline risk and volatility. Earnings Summary & Transcript
• Negative Sentiment: JPMorgan lowered its price target from $42 to $41 and moved to “neutral” — that downgrade reduces the conviction among some institutional and quant investors, even though the PT still sits above the current share price. JPMorgan Price Target Note
• Negative Sentiment: Coverage highlighting “significant losses, modest growth” underscores continued profitability concerns and may keep downside pressure until writedowns stabilize. Crowdfund Insider: Losses & Growth

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.