Bullish (BLSH)

NYSE: BLSH · Real-Time Price · USD
38.60
+2.10 (5.75%)
At close: Nov 21, 2025, 4:00 PM EST
39.10
+0.50 (1.30%)
After-hours: Nov 21, 2025, 7:59 PM EST
5.75%
Market Cap5.82B
Revenue (ttm)198.80M
Net Income (ttm)-61.05M
Shares Out 150.68M
EPS (ttm)-0.52
PE Ration/a
Forward PE57.59
Dividendn/a
Ex-Dividend Daten/a
Volume3,505,996
Open36.03
Previous Close36.50
Day's Range36.02 - 39.95
52-Week Range34.25 - 118.00
Betan/a
AnalystsBuy
Price Target55.82 (+44.61%)
Earnings DateNov 19, 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 Technology
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 12 analysts, the average rating for BLSH stock is "Buy." The 12-month stock price target is $55.82, which is an increase of 44.61% from the latest price.

Price Target
$55.82
(44.61% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Bullish (BLSH) Q3 2025 Earnings Call Transcript

Bullish ( BLSH) Q3 2025 Earnings Call November 19, 2025 8:30 AM EST Company Participants Michael Fedele - Vice President of Finance Thomas Farley - CEO & Chairman David Bonanno - Chief Financial Offi...

4 days ago - Seeking Alpha

Bullish Reports Third Quarter 2025 Results

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

4 days ago - Business Wire

CoinDesk and SALT Partner to Establish the World's Premier Institutional Crypto Gathering

Consensus SALT Hong Kong Institutional Summit set for February 10, 2026, uniting world's leading asset managers and capital allocators HONG KONG and NEW YORK , Nov. 11, 2025 /PRNewswire/ -- CoinDesk ,...

11 days ago - PRNewsWire

Bullish releases October 2025 monthly metrics

CAYMAN ISLANDS--(BUSINESS WIRE)--Bullish (NYSE: BLSH), an institutionally focused global digital asset platform that provides market infrastructure and information services, released its monthly metri...

17 days ago - Business Wire

Bullish Selects GenieAI as Portfolio and Risk Analytics Provider for Professional Trader Competition

BOSTON, Nov. 05, 2025 (GLOBE NEWSWIRE) -- GenieAI , a leading AI-powered portfolio and risk management platform for digital asset managers, has been selected by Bullish (NYSE: BLSH), an institutionall...

18 days ago - GlobeNewsWire

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...

20 days 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...

26 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.

4 weeks 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 ...

4 weeks 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.

4 weeks 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...

6 weeks 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...

6 weeks 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 ...

6 weeks 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...

7 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 (...

7 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...

7 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...

2 months 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 ...

2 months 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...

2 months 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.

2 months 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.

2 months 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
2 months 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...

2 months 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.

2 months 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...

2 months ago - PRNewsWire