Rosenblatt Securities Cuts Bullish (NYSE:BLSH) Price Target to $52.00

Bullish (NYSE:BLSH) had its target price trimmed by Rosenblatt Securities from $55.00 to $52.00 in a research note issued to investors on Thursday, Marketbeat Ratings reports. The firm currently has a buy rating on the stock.

A number of other equities research analysts also recently weighed in on the stock. Sanford C. Bernstein reissued a “market perform” rating and issued a $50.00 price target on shares of Bullish in a report on Tuesday, January 6th. Canaccord Genuity Group reduced their target price on shares of Bullish from $68.00 to $50.00 and set a “buy” rating for the company in a report on Monday, November 24th. Wall Street Zen lowered shares of Bullish from a “hold” rating to a “sell” rating in a research report on Sunday, November 23rd. Cantor Fitzgerald increased their price objective on Bullish from $56.00 to $59.00 and gave the company an “overweight” rating in a research report on Thursday, September 18th. Finally, JPMorgan Chase & Co. reduced their price objective on Bullish from $63.00 to $46.00 and set a “neutral” rating for the company in a research note on Tuesday, November 18th. Five analysts have rated the stock with a Buy rating, seven have given a Hold rating and one has given a Sell rating to the company. According to MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus price target of $53.58.

Bullish Stock Performance

BLSH opened at $39.01 on Thursday. The company has a quick ratio of 36.58, a current ratio of 38.78 and a debt-to-equity ratio of 0.13. The company has a market cap of $5.70 billion and a P/E ratio of 1,950.50. The stock has a fifty day moving average price of $41.73. Bullish has a one year low of $34.24 and a one year high of $118.00.

Institutional Trading of Bullish

Several large investors have recently modified their holdings of the company. Sumitomo Mitsui Trust Group Inc. acquired a new stake in shares of Bullish during the 3rd quarter worth about $91,782,000. Nwam LLC bought a new stake in Bullish during the third quarter worth about $4,540,000. Renaissance Capital LLC acquired a new stake in shares of Bullish during the third quarter worth approximately $2,436,000. Exchange Traded Concepts LLC bought a new position in shares of Bullish in the third quarter valued at approximately $10,423,000. Finally, CWM LLC acquired a new position in shares of Bullish in the 3rd quarter worth approximately $31,000.

More Bullish News

Here are the key news stories impacting Bullish this week:

• Positive Sentiment: Rosenblatt reiterated a Buy on Bullish, emphasizing conviction in the company’s institutional digital-asset platform despite an upcoming IPO lock-up unlock that could create volatility. Rosenblatt reiterates buy on Bullish even as IPO unlock looms
• Positive Sentiment: Recent analyst coverage and deep-dive write-ups highlight continued Wall Street interest in BLSH, summarizing multiple analyst perspectives that keep the stock on investors’ radar. This ongoing coverage can support demand into catalysts such as earnings. Deep Dive Into Bullish Stock: Analyst Perspectives
• Neutral Sentiment: Bullish set its Q4 2025 earnings release and conference call for Feb. 5, 2026 — a clear near-term catalyst that could drive volatility depending on results and guidance. Investors are positioning ahead of that date. Bullish to announce fourth quarter 2025 financial results
• Neutral Sentiment: Market and technical context: shares are trading above the previous session, but remain below the 50‑day moving average. Volume today is slightly below average, and the stock sits well off its 12‑month high — factors that can amplify moves around news. (Background market data)
• Neutral Sentiment: Wider crypto-market developments — for example, positive regulatory/market signals for tokens like XRP — can indirectly support interest in digital-asset platforms such as Bullish, but the impact is speculative and depends on trading volumes and custody demand. XRP Holds Technical Footing as Ripple’s Expanding Global Regulatory Footprint Strengthens Bullish Narrative
• Negative Sentiment: Rosenblatt trimmed its price target on BLSH from $55 to $52 while keeping a Buy rating — the cut signals more tempered near-term upside and highlights risks (including potential selling when IPO lock-ups expire). That target reduction may cap some optimism. Analyst price-target change noted by Benzinga

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.