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 research note published on Friday morning.

Other analysts have also recently issued reports about the company. Deutsche Bank Aktiengesellschaft initiated coverage on Bullish in a report on Monday, September 8th. They set a “hold” rating and a $51.00 price target for the company. Cantor Fitzgerald lifted their target price on Bullish from $56.00 to $59.00 and gave the stock an “overweight” rating in a report on Thursday, September 18th. Sanford C. Bernstein started coverage on shares of Bullish in a research report on Monday, September 8th. They issued a “market perform” rating and a $60.00 target price for the company. Rosenblatt Securities raised their price target on shares of Bullish from $60.00 to $62.00 and gave the stock a “buy” rating in a research report on Thursday, September 18th. Finally, Compass Point reissued a “neutral” rating on shares of Bullish in a report on Thursday, September 18th. Four research analysts have rated the stock with a Buy rating and eight have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, Bullish presently has an average rating of “Hold” and a consensus price target of $57.33.

Bullish Stock Down 4.2%

Shares of BLSH stock opened at $65.07 on Friday. Bullish has a 52 week low of $47.88 and a 52 week high of $118.00. The stock has a market cap of $9.51 billion and a P/E ratio of -1,287.17.

Bullish (NYSE:BLSH) last released its quarterly earnings results on Wednesday, September 17th. The company reported ($0.05) earnings per share 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 analysts’ expectations 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.