Bullish (NYSE:BLSH) Upgraded at Wall Street Zen

Wall Street Zen upgraded shares of Bullish (NYSE:BLSH) from a sell rating to a hold rating in a report released on Saturday morning.

BLSH has been the topic of several other reports. Deutsche Bank Aktiengesellschaft initiated coverage on shares of Bullish in a report on Monday, September 8th. They set a “hold” rating and a $51.00 price objective on the stock. Compass Point reissued a “neutral” rating on shares of Bullish in a report on Thursday, September 18th. Cantor Fitzgerald increased their price target on shares of Bullish from $56.00 to $59.00 and gave the stock an “overweight” rating in a report on Thursday, September 18th. Oppenheimer initiated coverage on shares of Bullish in a report on Monday, September 8th. They issued a “market perform” rating on the stock. Finally, Canaccord Genuity Group reissued a “buy” rating and issued a $68.00 price target on shares of Bullish in a report on Thursday, September 18th. Four equities research analysts have rated the stock with a Buy rating and eight have issued a Hold rating to the company. Based on data from MarketBeat, Bullish presently has a consensus rating of “Hold” and a consensus price target of $57.33.

Bullish Stock Down 1.6%

NYSE BLSH opened at $59.42 on Friday. The stock has a market capitalization of $8.69 billion and a P/E ratio of -1,175.29. Bullish has a 52 week low of $47.88 and a 52 week high of $118.00. The company has a debt-to-equity ratio of 0.20, a quick ratio of 22.75 and a current ratio of 24.59. The firm’s 50-day simple moving average is $61.73.

Bullish (NYSE:BLSH) last released its quarterly earnings data on Wednesday, September 17th. The company reported ($0.05) EPS for the quarter, missing the consensus estimate of ($0.04) by ($0.01). The business had revenue of $57.00 million for the quarter, compared to analyst estimates of $55.91 million. Bullish has set its Q3 2025 guidance at EPS.

About Bullish

Bullish is an institutionally focused global digital asset platform that provides market infrastructure and information services. Our objective is to provide mission critical products and services that are designed to help institutions grow their businesses, empower individual customers, and drive the adoption of stablecoins, digital assets, and blockchain technology.