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Bullish (BLSH)
NYSE:BLSH
BLSH Stock Chart & Stats
$45.08
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Market closed
$45.08
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Day’s Range― - ―
52-Week Range$42.55 - $118.00
Previous CloseN/A
VolumeN/A
Average Volume (3M)3.00M
Market Cap
N/A
Enterprise ValueN/A
Total Cash (Recent Filing)$564.05M
Total Debt (Recent Filing)$592.06M
Price to Earnings (P/E)―
Beta3.45
Next Earnings
Nov 19, 2025EPS Estimate
0.1Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)-0.05
Shares Outstanding150,683,750
10 Day Avg. Volume2,062,741
30 Day Avg. Volume2,999,771
Financial Highlights & Ratios
PEG Ratio-1.35
Price to Book (P/B)4.16
Price to Sales (P/S)0.04
P/FCF Ratio-295.06
Enterprise Value/Market CapN/A
Enterprise Value/Revenue0.00
Enterprise Value/Gross Profit0.00
Enterprise Value/Ebitda0.00
Forecast
1Y Price Target
$60.67Price Target Upside34.58% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering13
EPS Forecast (FY)0.25
Revenue Forecast (FY)$268.80M
Bulls Say, Bears Say
Bulls Say
Competitive PositioningBullish offers some of the most competitive fee rates globally, potentially taking U.S. market share where competition is less intense.
Market ExpansionThe imminent entry into the U.S. market is viewed as a significant near-term growth opportunity for Bullish.
Regulatory ApprovalsBullish has secured its New York State Department of Financial Services (NYDFS) BitLicense, enabling it to tap the New York and U.S. market in a compliant way.
Bears Say
Execution RisksThere are lingering execution risks around the U.S. buildout for Bullish.
Regulatory ChallengesU.S. regulators are unlikely to approve AMMs until Congress passes market structure legislation.
Valuation ConcernsIt's hard to justify BLSH's valuation at current levels with shares trading at 110x EBITDA and 68% above its IPO price.
Bullish News
BLSH FAQ
What was Bullish’s price range in the past 12 months?
Bullish lowest stock price was $42.55 and its highest was $118.00 in the past 12 months.
What is Bullish’s market cap?
Currently, no data Available
When is Bullish’s upcoming earnings report date?
Bullish’s upcoming earnings report date is Nov 19, 2025 which is in 9 days.
How were Bullish’s earnings last quarter?
Bullish released its earnings results on Sep 17, 2025. The company reported -$0.052 earnings per share for the quarter, missing the consensus estimate of -$0.027 by -$0.025.
Is Bullish overvalued?
According to Wall Street analysts Bullish’s price is currently Undervalued.
Does Bullish pay dividends?
Bullish does not currently pay dividends.
What is Bullish’s EPS estimate?
Bullish’s EPS estimate is 0.1.
How many shares outstanding does Bullish have?
Bullish has 150,683,750 shares outstanding.
What happened to Bullish’s price movement after its last earnings report?
Bullish reported an EPS of -$0.052 in its last earnings report, missing expectations of -$0.027. Following the earnings report the stock price went up 20.718%.
Which hedge fund is a major shareholder of Bullish?
Currently, no hedge funds are holding shares in BLSH
Company Description
Bullish
Bullish (BLSH) is a technology-driven financial services company focused on providing a robust trading platform for cryptocurrencies. Operating primarily in the fintech sector, Bullish combines advanced technology with market expertise to offer a seamless trading experience for users. Its core products include a cryptocurrency exchange and various trading tools designed to cater to both retail and institutional investors, aiming to enhance liquidity and facilitate efficient trading in the digital asset space.
BLSH Company Deck
BLSH Earnings Call
Q2 2025
0:00 / 0:00
Earnings Call Sentiment|Neutral
Bullish has made significant strides in obtaining regulatory approvals and expanding its liquidity and subscription services, indicating positive future growth prospects. However, current financial metrics show a decline in revenue and EBITDA due to market conditions. The company's successful regulatory advancements and product launches position it well for future growth, though challenges in immediate U.S. market entry and current revenue declines are noted.View all BLSH earnings summariesBLSH Stock 12 Month Forecast
Average Price Target
$60.67
▲(34.58% Upside)