Bullish (NYSE:BLSH) Given Average Recommendation of “Hold” by Analysts

Bullish (NYSE:BLSH) has received a consensus rating of “Hold” from the thirteen research firms that are covering the company, MarketBeat reports. One research analyst has rated the stock with a sell rating, seven have assigned a hold rating and five have given a buy rating to the company. The average 1 year price target among analysts that have covered the stock in the last year is $52.0833.

A number of equities analysts have issued reports on BLSH shares. Sanford C. Bernstein restated a “market perform” rating and set a $50.00 price target on shares of Bullish in a report on Tuesday, January 6th. Deutsche Bank Aktiengesellschaft upgraded shares of 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. Canaccord Genuity Group reduced their price target 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. Weiss Ratings reiterated a “sell (d)” rating on shares of Bullish in a report on Monday, December 29th. Finally, Wall Street Zen raised Bullish from a “sell” rating to a “hold” rating in a research report on Saturday, February 7th.

Institutional Investors Weigh In On Bullish

A number of institutional investors and hedge funds have recently made changes to their positions in the business. ARK Investment Management LLC grew its position in shares of Bullish by 87.1% in the fourth quarter. ARK Investment Management LLC now owns 4,821,700 shares of the company’s stock valued at $182,598,000 after purchasing an additional 2,244,991 shares in the last quarter. Sumitomo Mitsui Trust Group Inc. grew its position in shares of Bullish by 75.3% during the 4th quarter. Sumitomo Mitsui Trust Group Inc. now owns 2,529,313 shares of the company’s stock valued at $95,785,000 after purchasing an additional 1,086,420 shares in the last quarter. Amova Asset Management Americas Inc. raised its position in shares of Bullish by 75.7% in the fourth quarter. Amova Asset Management Americas Inc. now owns 2,524,820 shares of the company’s stock worth $95,514,000 after buying an additional 1,087,452 shares in the last quarter. Massachusetts Financial Services Co. MA grew its position in Bullish by 7.2% during the fourth quarter. Massachusetts Financial Services Co. MA now owns 1,563,985 shares of the company’s stock worth $59,228,000 after buying an additional 104,724 shares in the last quarter. Finally, UBS Group AG increased its stake in Bullish by 486.1% in the 4th quarter. UBS Group AG now owns 1,309,248 shares of the company’s stock worth $49,581,000 after acquiring an additional 1,085,846 shares during the last quarter.

Bullish Stock Down 4.0%

Bullish stock traded down $1.28 during trading hours on Thursday, reaching $30.60. 910,453 shares of the company’s stock were exchanged, compared to its average volume of 2,464,393. The company has a debt-to-equity ratio of 0.15, a current ratio of 29.28 and a quick ratio of 27.69. The stock’s 50 day moving average price is $38.59. Bullish has a twelve month low of $24.79 and a twelve month high of $118.00. The firm has a market cap of $4.47 billion and a price-to-earnings ratio of 308.70.

Bullish (NYSE:BLSH) last announced its quarterly earnings data on Thursday, February 5th. The company reported ($3.73) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.16 by ($3.89). Bullish had a negative net margin of 0.95% and a negative return on equity of 10.58%. The business had revenue of $92.50 million during the quarter. During the same quarter last year, the company earned $1.37 earnings per share. Bullish’s revenue for the quarter was up 67.6% compared to the same quarter last year.

Bullish News Summary

Here are the key news stories impacting Bullish this week:

• Positive Sentiment: Major buying by ARK Invest / Cathie Wood increases institutional demand for BLSH and provides a near‑term bid for the shares. ARK Invest adds $34M Robinhood stake as Bitcoin falls below $66K
• Positive Sentiment: ARK continued to add to its Bullish position during the crypto equities rally, reinforcing conviction from a high‑profile investor which can attract other institutional flows. Cathie Wood’s Ark Invest Buys More Bullish as Crypto Stocks Rally
• Positive Sentiment: Press coverage highlights Cathie Wood adding BLSH alongside other crypto names, which may boost retail/investor interest. Cathie Wood bets $30 million on Robinhood after earnings dip – adds BLSH, CRCL stocks too
• Positive Sentiment: Company reported securing key U.S. approvals and says institutional interest is building — a fundamental catalyst for growth in trading volumes and revenue over time. Bullish Gains Key U.S. Approvals As Institutional Interest Builds
• Neutral Sentiment: Financial media and sector pieces comparing Bullish to peers may increase visibility but provide mixed directional pressure depending on the analyst take. Cathie Wood’s ARK stock trades: Roblox, Bullish, and PagerDuty in focus
• Neutral Sentiment: Comparative head‑to‑head analyses with peers provide context but are unlikely to move the stock materially on their own. Head-To-Head Survey: Bullish (NYSE:BLSH) vs. Wealthfront (NASDAQ:WLTH)
• Negative Sentiment: Recent quarterly results were a major disappointment — the company reported a large EPS miss (reported -$3.73 vs. consensus +$0.16) which undermines near‑term profitability expectations and investor confidence.
• Negative Sentiment: Valuation concerns: analysts and coverage note a high P/S and elevated forward multiples (the stock’s trailing P/E is very high), making shares sensitive to earnings misses and any slowdown in revenue growth. Assessing Bullish (BLSH) Valuation As High P/S Meets Mixed Recent Share Performance
• Negative Sentiment: Technical/volume signals: trading volume is below average and the 50‑day moving average sits above the current price, which can amplify downside on negative news as short‑term sellers dominate.

Bullish Company Profile

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.