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

Shares of Bullish (NYSE:BLSH) have been assigned a consensus recommendation of “Hold” from the thirteen brokerages that are currently covering the stock, Marketbeat Ratings reports. One analyst has rated the stock with a sell rating, seven have assigned a hold rating and five have given a buy rating to the company. The average twelve-month price target among brokers that have covered the stock in the last year is $52.0833.

BLSH has been the subject of a number of research reports. Weiss Ratings restated a “sell (d)” rating on shares of Bullish in a research report on Monday, December 29th. Wall Street Zen upgraded shares of Bullish from a “sell” rating to a “hold” rating in a research report on Saturday, February 7th. Sanford C. Bernstein reissued a “market perform” rating and issued a $50.00 price target on shares of Bullish in a research note on Tuesday, January 6th. Deutsche Bank Aktiengesellschaft raised 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, Citigroup reduced their target price on Bullish from $77.00 to $67.00 and set a “buy” rating on the stock in a report on Monday, December 22nd.

Key Bullish News

Here are the key news stories impacting Bullish this week:

• Positive Sentiment: Major buying by ARK Invest / Cathie Wood increases institutional demand for BLSH and provides a near‑term bid for the shares. ARK Invest adds $34M Robinhood stake as Bitcoin falls below $66K
• Positive Sentiment: ARK continued to add to its Bullish position during the crypto equities rally, reinforcing conviction from a high‑profile investor which can attract other institutional flows. Cathie Wood’s Ark Invest Buys More Bullish as Crypto Stocks Rally
• Positive Sentiment: Press coverage highlights Cathie Wood adding BLSH alongside other crypto names, which may boost retail/investor interest. Cathie Wood bets $30 million on Robinhood after earnings dip – adds BLSH, CRCL stocks too
• Positive Sentiment: Company reported securing key U.S. approvals and says institutional interest is building — a fundamental catalyst for growth in trading volumes and revenue over time. Bullish Gains Key U.S. Approvals As Institutional Interest Builds
• Neutral Sentiment: Financial media and sector pieces comparing Bullish to peers may increase visibility but provide mixed directional pressure depending on the analyst take. Cathie Wood’s ARK stock trades: Roblox, Bullish, and PagerDuty in focus
• Neutral Sentiment: Comparative head‑to‑head analyses with peers provide context but are unlikely to move the stock materially on their own. Head-To-Head Survey: Bullish (NYSE:BLSH) vs. Wealthfront (NASDAQ:WLTH)
• Negative Sentiment: Recent quarterly results were a major disappointment — the company reported a large EPS miss (reported -$3.73 vs. consensus +$0.16) which undermines near‑term profitability expectations and investor confidence.
• Negative Sentiment: Valuation concerns: analysts and coverage note a high P/S and elevated forward multiples (the stock’s trailing P/E is very high), making shares sensitive to earnings misses and any slowdown in revenue growth. Assessing Bullish (BLSH) Valuation As High P/S Meets Mixed Recent Share Performance
• Negative Sentiment: Technical/volume signals: trading volume is below average and the 50‑day moving average sits above the current price, which can amplify downside on negative news as short‑term sellers dominate.

Institutional Investors Weigh In On Bullish

Institutional investors and hedge funds have recently modified their holdings of the company. Tradewinds Capital Management LLC bought a new position in shares of Bullish in the third quarter worth $25,000. Rakuten Securities Inc. bought a new position in Bullish in the 4th quarter valued at about $28,000. Ameritas Advisory Services LLC acquired a new position in shares of Bullish in the 3rd quarter valued at approximately $29,000. Strs Ohio bought a new stake in shares of Bullish during the 4th quarter worth approximately $30,000. Finally, CWM LLC acquired a new stake in shares of Bullish during the 3rd quarter worth approximately $31,000.

Bullish Trading Down 4.0%

NYSE BLSH traded down $1.28 during trading on Thursday, reaching $30.60. 910,453 shares of the company’s stock were exchanged, compared to its average volume of 2,464,393. The company has a market capitalization of $4.47 billion and a price-to-earnings ratio of 308.70. Bullish has a fifty-two week low of $24.79 and a fifty-two week high of $118.00. The company has a quick ratio of 27.69, a current ratio of 29.28 and a debt-to-equity ratio of 0.15. The stock has a fifty day moving average price of $38.59.

Bullish (NYSE:BLSH) last released its quarterly earnings data on Thursday, February 5th. The company reported ($3.73) earnings per share (EPS) 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 firm posted $1.37 earnings per share. The company’s revenue was up 67.6% compared to the same quarter last year.

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.