Bullish (BLSH)

NYSE: BLSH · Real-Time Price · USD
50.26
-0.31 (-0.61%)
At close: Nov 3, 2025, 4:00 PM EST
50.09
-0.17 (-0.34%)
After-hours: Nov 3, 2025, 5:25 PM EST
-0.61%
Market Cap7.35B
Revenue (ttm)166.61M
Net Income (ttm)-146.18M
Shares Out 146.18M
EPS (ttm)-1.30
PE Ration/a
Forward PE76.57
Dividendn/a
Ex-Dividend Daten/a
Volume2,222,998
Open50.70
Previous Close50.57
Day's Range48.91 - 51.33
52-Week Range47.88 - 118.00
Betan/a
AnalystsBuy
Price Target56.90 (+13.21%)
Earnings DateDec 17, 2025

About BLSH

Bullish provides market infrastructure and information services in United States. It operates Bullish Exchange, a digital assets spot and derivatives exchange that integrates a central limit order book matching engine with automated market making to provide deep and predictable liquidity. The company also offers CoinDesk Indices, a collection of tradable proprietary and single-asset benchmarks and indices that track the performance of digital assets for global institutions in the digital assets and traditional finance industries; CoinDesk Data,... [Read more]

Sector Financials
IPO Date Aug 13, 2025
Employees 400
Stock Exchange NYSE
Ticker Symbol BLSH
Full Company Profile

Financial Performance

In 2024, Bullish's revenue was $158.48 million, an increase of 79.51% compared to the previous year's $88.28 million. Earnings were $78.53 million, a decrease of -93.96%.

Financial Statements

Analyst Summary

According to 11 analysts, the average rating for BLSH stock is "Buy." The 12-month stock price target is $56.9, which is an increase of 13.21% from the latest price.

Price Target
$56.9
(13.21% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Bullish to announce third quarter 2025 financial results

CAYMAN ISLANDS--(BUSINESS WIRE)--Bullish (NYSE: BLSH), an institutionally focused global digital asset platform that provides market infrastructure and information services, announced today that it wi...

1 hour ago - Business Wire

Bullish On The Future Of Crypto

Bullish (BLSH) is a digital asset platform targeting institutional investors, recently approved for US trading and expanding into derivatives. BLSH's revenue diversification through CoinDesk subscript...

6 days ago - Seeking Alpha

Nasdaq Index: Tech Stocks Jump as CPI Miss Fuels Bullish US Stock Market Forecast

US indices hit record highs as cooler CPI data boosts Fed rate cut bets. Tech stocks lead, with Intel and Ford jumping on strong Q3 earnings.

10 days ago - FXEmpire

Tradr Debuts Leveraged ETFs on BLSH, DASH, FLY, IREN, NEM, OPEN, QS, SRPT & WULF

Funds seek to provide 200% long exposure on a variety of industry leaders NEW YORK , Oct. 23, 2025 /PRNewswire/ -- Tradr ETFs, a provider of ETFs designed for sophisticated investors and professional ...

11 days ago - PRNewsWire

S&P500 and Nasdaq 100: Earnings Optimism Fuels Bullish Stock Market Forecast Today

US stocks rise as strong tech earnings and easing shutdown fears lift sentiment. Nasdaq and S&P500 lead gains with traders bullish on Q3 earnings forecasts.

14 days ago - FXEmpire

Snap: Heavy Volume Buying Is The New Bullish Stock Puzzle Piece

Snap shares are rallying in response to unusually high trading volume, drawing renewed market attention. Disappointing Q2 2025 earnings, recent insider sales, a government investigation of social medi...

26 days ago - Seeking Alpha

Bullish and Deutsche Bank partner to deliver seamless fiat integration for institutional crypto trading

HONG KONG and FRANKFURT, Germany , Oct. 8, 2025 /PRNewswire/ -- Bullish (NYSE: BLSH), an institutionally focused global digital asset platform that provides market infrastructure and information servi...

26 days ago - PRNewsWire

Bullish releases September 2025 monthly metrics

CAYMAN ISLANDS , Oct. 7, 2025 /PRNewswire/ -- Bullish (NYSE: BLSH), an institutionally focused global digital asset platform that provides market infrastructure and information services, released its ...

27 days ago - PRNewsWire

Bullish shares surge 10% after plans to launch crypto options trading in US

Cryptocurrency-exchange operator Bullish, which also owns crypto news and data platform CoinDesk, announced plans to add options trading to its platform, marking a significant step in the company's in...

4 weeks ago - Invezz

Bullish to launch crypto options trading with top-tier consortium of trading partners

Institutions outside the U.S. interested in trading options with Bullish are encouraged to contact sales@bullish.com to begin the onboarding process. SINGAPORE , Oct. 1, 2025 /PRNewswire/ -- Bullish (...

4 weeks ago - PRNewsWire

Bullish launches in the U.S., offering institutions and advanced traders a new standard in digital asset trading

NEW YORK , Oct. 1, 2025 /PRNewswire/ -- Bullish  (NYSE: BLSH), an institutionally focused global digital asset platform that provides market infrastructure and information services, today announced th...

4 weeks ago - PRNewsWire

Bullish (BLSH) Q2 2025 Earnings Call Transcript

Bullish (NYSE:BLSH) Q2 2025 Earnings Call September 17, 2025 5:30 PM EDT Company Participants Michael Fedele Thomas Farley - CEO & Chairman David Bonanno - Chief Financial Officer Conference Call Par...

5 weeks ago - Seeking Alpha

Bullish: Earnings And New York BitLicense Spell Buy

Bullish has shown strong institutional interest post-IPO, reporting robust Q2 results and a swing to profitability, despite shares being down 21% since going public. Bullish's revenue diversification ...

6 weeks ago - Seeking Alpha

Bullish: Strong Bet On Institutional Crypto Growth

Bullish recently completed a high-profile IPO and is positioned for growth with U.S. crypto market entry and crypto options trading. The institutional crypto exchange reported mixed Q2 '25 results, wi...

6 weeks ago - Seeking Alpha

Peter Thiel-Backed Crypto Platform Bullish Swings to a Profit; Stock Surges

Shares of Bullish (BLSH) surged Thursday after the cryptocurrency exchange backed by billionaire Peter Thiel reported that it posted a profit on higher sales and trading volume.

6 weeks ago - Investopedia

Bullish shares surge 6% after earnings beat in first result after listing

Crypto exchange Bullish (NYSE: BLSH) surged 6% on Thursday after posting a profit in its first quarterly result since going public, reversing a loss from the same period last year.

6 weeks ago - Invezz

Behind NVDA & INTC Investment, RDDT All-Time High, BLSH Beats Earnings

Diane King Hall takes a closer look behind Nvidia's (NVDA) investment into Intel (INTC) and how the two companies will combine their tech. She later talks about Reddit's (RDDT) leap to an all-time hig...

Other symbols: INTCNVDARDDT
6 weeks ago - Schwab Network

Bullish Reports Second Quarter 2025 Results

Bullish obtains New York DFS BitLicense, unlocking Q4'2025 US market entry Q2'2025 Digital asset sales of $58.6 billion and net income of $108.3 million Q2'2025 Adjusted Revenue of $57.0 million and A...

6 weeks ago - PRNewsWire

Bullish Stock Climbs After Q2 Results: Details

Bullish  BLSH stock climbed after the company released its second-quarter results after Wednesday's closing bell. Here's a look at the details in the report.

6 weeks ago - Benzinga

Bullish secures New York BitLicense from the NYDFS, paving way for U.S. launch

NEW YORK , Sept. 17, 2025 /PRNewswire/ -- Bullish (NYSE: BLSH), an institutionally focused global digital asset platform that provides market infrastructure and information services, today announced t...

6 weeks ago - PRNewsWire

U.S. IPO Activity On Track For The Best Quarter Since Q1 2022

Q3 2025 IPO filings have reached 104 with two weeks left in the quarter, making it the strongest quarter since Q1 2022. After six large public offerings hit the tape last week, all eyes are on expecte...

6 weeks ago - Seeking Alpha

Bullish: A Closer Look At Earnings

Bullish has seen volatile trading since its IPO, with shares down over 50% from their initial spike. BLSH's revenue is heavily reliant on crypto holdings, with transaction income declining and CoinDes...

6 weeks ago - Seeking Alpha

CRCL, BLSH, ASTS & GTLB: Luke Lloyd's Growth Stock Picks

Luke Lloyd says the growth trade is back, and investors should stay alert when it comes to stocks that can accelerate momentum. He points to two recent IPOs in Bullish (BLSH) and Circle (CRCL) as bene...

Other symbols: GTLBASTSCRCL
7 weeks ago - Schwab Network

Bullish Earnings Are Imminent; These Most Accurate Analysts Revise Forecasts Ahead Of Earnings Call

Bullish BLSH will release earnings results for the second quarter after the closing bell on Wednesday, Sept. 17.

7 weeks ago - Benzinga

Fed Meeting; FedEx, Lennar, Bullish Earnings; and More to Watch

The Fed will take center stage this week, with an interest-rate cut all but assured to be announced on Wednesday.

Other symbols: FDXLEN
7 weeks ago - Barrons