Bullish (NYSE:BLSH) Receives Consensus Recommendation of “Hold” from Brokerages

Bullish (NYSE:BLSH) has been assigned an average recommendation of “Hold” from the thirteen brokerages that are covering the company, MarketBeat Ratings reports. One investment analyst has rated the stock with a sell rating, seven have given a hold rating and five have assigned a buy rating to the company. The average 12 month price target among brokerages that have issued ratings on the stock in the last year is $53.25.

A number of research analysts have commented on BLSH shares. Canaccord Genuity Group cut their target price on shares of Bullish from $68.00 to $50.00 and set a “buy” rating on the stock in a research report on Monday, November 24th. Rosenblatt Securities cut their price objective on shares of Bullish from $55.00 to $52.00 and set a “buy” rating on the stock in a report on Thursday, January 15th. Wall Street Zen downgraded shares of Bullish from a “hold” rating to a “sell” rating in a research note on Sunday, November 23rd. Deutsche Bank Aktiengesellschaft raised Bullish from a “hold” rating to a “buy” rating and dropped their target price for the company from $52.00 to $51.00 in a research report on Wednesday, November 19th. Finally, Citigroup reduced their price target on Bullish from $77.00 to $67.00 and set a “buy” rating for the company in a research report on Monday, December 22nd.

Bullish Stock Down 1.5%

BLSH stock opened at $27.22 on Thursday. Bullish has a twelve month low of $26.13 and a twelve month high of $118.00. The stock has a market capitalization of $3.98 billion and a price-to-earnings ratio of 1,361.00. The stock has a fifty day simple moving average of $39.98. The company has a debt-to-equity ratio of 0.13, a quick ratio of 36.58 and a current ratio of 38.78.

Bullish (NYSE:BLSH) last posted its quarterly earnings results on Thursday, February 5th. The company reported ($3.73) earnings per share for the quarter. Bullish had a negative net margin of 0.04% and a negative return on equity of 6.70%. The company had revenue of $92.50 million for the quarter.

Bullish News Roundup

Here are the key news stories impacting Bullish this week:

• Positive Sentiment: Cathie Wood’s Ark/associated funds recently added positions in crypto-related names including Bullish, signaling conviction from a high-profile active investor and providing potential buying support. Read More.
• Neutral Sentiment: Bullish is due to report Q4 2025 results soon; previews and analyst expectations outline where beats/misses could move the stock, so earnings will likely be the primary near-term catalyst. Read More.
• Neutral Sentiment: Coverage pieces are unpacking analyst estimates and technical signals ahead of the release — useful for gauging upside/downside scenarios but not definitive direction until results. Read More.
• Neutral Sentiment: Institutional buying in the broader crypto-equity group (reported ARK purchases) shows selective accumulation across the sector — this could provide episodic support if sustained. Read More.
• Negative Sentiment: Sector headwinds: crypto equities remain under pressure after recent losses (e.g., Galaxy Digital’s wider Q4 loss), which weighs on sentiment for crypto platforms including Bullish. Read More.
• Negative Sentiment: Technical/valuation pressure: BLSH is trading well below its 50‑day moving average and near its 52‑week low, with elevated volume — this increases downside risk if earnings disappoint or sector weakness continues.

Institutional Inflows and Outflows

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

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.