Bullish (NYSE:BLSH) Earns Market Perform Rating from Analysts at Keefe, Bruyette & Woods

Keefe, Bruyette & Woods assumed coverage on shares of Bullish (NYSE:BLSH) in a report published on Monday morning, MarketBeat.com reports. The firm issued a market perform rating and a $55.00 target price on the stock.

A number of other analysts also recently weighed in on BLSH. Sanford C. Bernstein initiated coverage on Bullish in a research report on Monday, September 8th. They issued a “market perform” rating and a $60.00 target price for the company. Compass Point initiated coverage on Bullish in a research report on Wednesday, September 3rd. They issued a “neutral” rating and a $45.00 target price for the company. Canaccord Genuity Group initiated coverage on Bullish in a research report on Monday, September 8th. They issued a “buy” rating and a $68.00 target price for the company. Citigroup initiated coverage on Bullish in a research report on Monday, September 8th. They issued a “buy” rating and a $66.00 target price for the company. Finally, Zacks Research upgraded Bullish to a “hold” rating in a research report on Tuesday, September 9th. Four research analysts have rated the stock with a Buy rating and eight have issued a Hold rating to the stock. Based on data from MarketBeat.com, Bullish currently has an average rating of “Hold” and a consensus target price of $56.00.

Bullish Stock Up 5.5%

Shares of BLSH opened at $54.16 on Monday. The stock has a market cap of $7.92 billion and a PE ratio of -1,071.29. Bullish has a 12-month low of $47.88 and a 12-month high of $118.00.

Bullish (NYSE:BLSH) last issued its quarterly earnings results on Wednesday, September 17th. The company reported ($0.05) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.04) by ($0.01). Bullish has set its Q3 2025 guidance at EPS.

Bullish Company Profile

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.