Bullish (NYSE:BLSH) Stock Has Consensus Price Target of $44.36 According to Analysts

Bullish (NYSE:BLSH) has been assigned an average recommendation of “Hold” from the twelve brokerages that are currently covering the firm, Marketbeat reports. One equities research analyst has rated the stock with a sell recommendation, six have issued a hold recommendation and five have issued a buy recommendation on the company. The average twelve-month price target among analysts that have updated their coverage on the stock in the last year is $44.36.

A number of analysts have recently commented on BLSH shares. JPMorgan Chase & Co. lowered their target price on Bullish from $26.00 to $25.00 and set a “neutral” rating on the stock in a research note on Friday, August 14th. Wells Fargo & Company reduced their price target on Bullish from $38.00 to $35.00 and set an “equal weight” rating for the company in a research report on Wednesday, October 14th. Weiss Ratings upgraded Bullish from a “sell (e+)” rating to a “sell (d-)” rating in a research report on Wednesday, October 14th. Zacks Research raised Bullish from a “strong sell” rating to a “hold” rating in a report on Monday, August 31st. Finally, Compass Point upgraded Bullish from a “neutral” rating to a “buy” rating and upped their price objective for the stock from $30.00 to $51.00 in a research report on Monday, September 14th.

Bullish Trading Down 2.1%

Shares of Bullish stock opened at $27.62 on Tuesday. The company has a current ratio of 23.52, a quick ratio of 22.41 and a debt-to-equity ratio of 0.20. The firm’s 50 day simple moving average is $32.95 and its two-hundred day simple moving average is $32.65. Bullish has a 12-month low of $20.55 and a 12-month high of $56.92. The firm has a market capitalization of $4.17 billion, a price-to-earnings ratio of 74.24 and a beta of 0.70.

Bullish (NYSE:BLSH) last announced its quarterly earnings data on Thursday, August 13th. The company reported $0.09 EPS for the quarter, meeting the consensus estimate of $0.09. The business had revenue of $92.62 million during the quarter. Bullish had a negative net margin of 389.38% and a positive return on equity of 2.48%. The business’s revenue for the quarter was up 62.5% on a year-over-year basis. Analysts predict that Bullish will post 0.44 EPS for the current year.

Hedge Funds Weigh In On Bullish

Several large investors have recently made changes to their positions in BLSH. Yousif Capital Management LLC acquired a new position in shares of Bullish in the third quarter worth about $256,000. Axxcess Wealth Management LLC purchased a new stake in shares of Bullish during the 3rd quarter worth about $331,000. Robeco Institutional Asset Management B.V. grew its position in shares of Bullish by 16.7% during the 3rd quarter. Robeco Institutional Asset Management B.V. now owns 140,000 shares of the company’s stock valued at $4,885,000 after acquiring an additional 20,000 shares during the period. Wedmont Private Capital acquired a new stake in shares of Bullish during the 3rd quarter valued at about $227,000. Finally, Farther Finance Advisors LLC grew its position in shares of Bullish by 81.5% during the 3rd quarter. Farther Finance Advisors LLC now owns 59,152 shares of the company’s stock valued at $2,064,000 after acquiring an additional 26,568 shares during the period.

Key Stories Impacting Bullish

Here are the key news stories impacting Bullish this week:

• Positive Sentiment: Bullish and Equiniti added Qube Research & Technologies, Vertalo and zerohash to the Issuer Sponsored Token Coalition. The expanded group brings expertise in quantitative trading, transfer-agency technology and regulated blockchain infrastructure, supporting Bullish’s effort to develop issuer-sponsored tokenized securities while preserving shareholder rights. Issuer Sponsored Token Coalition gains momentum as QRT, Vertalo and zerohash join
• Positive Sentiment: The coalition’s planned meeting with issuers and capital-markets leaders at the New York Stock Exchange could help establish industry standards and accelerate adoption of tokenized equities. Zerohash also said it intends to extend its infrastructure to support a large existing customer base.
• Neutral Sentiment: The initiative is non-binding and does not require members to issue, list or provide liquidity for tokenized securities. As a result, the announcement demonstrates industry interest but does not yet represent material revenue or firm commercial commitments for Bullish.
• Neutral Sentiment: Bitcoin remained rangebound near $80,000, with leveraged-long liquidations highlighting continued volatility in the digital-asset market. This broader backdrop may influence sentiment toward Bullish’s exchange and crypto-infrastructure businesses, although the report does not describe a direct change in Bullish’s operations.
• Negative Sentiment: Bullish’s planned $4.2 billion acquisition of Equiniti remains subject to regulatory approvals and other closing conditions, with completion expected in January 2027. Delays, integration costs or failure to realize anticipated benefits remain important risks.
• Negative Sentiment: Recent insider activity has been exclusively selling: insiders sold approximately 325,723 shares over six months, while no insider purchases were reported. Institutional positioning was mixed, with 107 investors reducing holdings versus 94 adding shares.

Bullish Company Profile

Bullish is a digital asset trading and financial technology company that operates a regulated cryptocurrency exchange. Its platform is designed to provide trading and market infrastructure for digital assets, including spot trading and other services for institutional and professional investors.

The company’s offerings include access to cryptocurrency markets, custody and settlement capabilities, and tools intended to support liquidity, execution and portfolio management. Bullish also publishes digital asset market news and analysis through its media operations.

Bullish was established in 2021 and launched its exchange that year.