Bullish (BLSH)
| Market Cap | 6.02B -40.7% |
| Revenue (ttm) | 300.72M +80.5% |
| Net Income | -1.38B |
| EPS | -9.41 |
| Shares Out | 151.65M |
| PE Ratio | n/a |
| Forward PE | 74.41 |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 1,082,385 |
| Open | 39.27 |
| Previous Close | 40.11 |
| Day's Range | 38.85 - 40.80 |
| 52-Week Range | 20.55 - 70.50 |
| Beta | n/a |
| Analysts | Buy |
| Price Target | 41.22 (+3.86%) |
| Earnings Date | Aug 13, 2026 |
About BLSH
Bullish, a global digital asset platform that provides market infrastructure and information services in United States. The company 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. It also offers CoinDesk Indices, a collection of tradable proprietary and single-asset benchmarks and indices that track the performance of digital assets to leading traditional finance institutions, including exc... [Read more]
Financial Performance
Financial StatementsAnalyst Summary
According to 10 analysts, the average rating for BLSH stock is "Buy." The 12-month stock price target is $41.22, which is an increase of 3.86% from the latest price.
News
Leading market infrastructure firms form Coalition to advance issuer-sponsored tokenized securities
GEORGE TOWN, Cayman Islands, Sept. 24, 2026 (GLOBE NEWSWIRE) -- Bullish (NYSE:BLSH) and Equiniti today announced the formation of the Issuer Sponsored Token Coalition, a multi-stakeholder industry wor...
Bullish price target raised to $43 from $37 at Clear Street
Clear Street raised the firm’s price target on Bullish (BLSH) to $43 from $37 and keeps a Buy rating on the shares. The firm believes the Clarity Act setback will…
Elemental Royalty Declares Quarterly Dividend and XAUT Token Payment Alternative for Shareholders
Denver, Colorado--(Newsfile Corp. - September 17, 2026) - Elemental Royalty Corporation (NASDAQ: ELE) (TSX: ELE) ("Elemental" or the "Company") is pleased to announce that its Board of Directors has d...
Bullish upgraded to Buy at Compass Point on exposure to tokenized equities
As previously reported, Compass Point analyst Ed Engel upgraded Bullish (BLSH) to Buy from Neutral with a price target of $51, up from $30. While the firm’s base case remains…
Bullish upgraded to Buy from Neutral at Compass Point
Compass Point upgraded Bullish (BLSH) to Buy from Neutral with a price target of $51, up from $30.
Bullish releases August monthly metrics
Bullish (BLSH) released its monthly metrics for August 2026 on Tuesday, September 8. These metrics include trading volume, average trading spread, and measures of volatility for Bitcoin and Ethereum. ...
Bullish releases August 2026 monthly metrics
GEORGE TOWN, Cayman Islands, Sept. 08, 2026 (GLOBE NEWSWIRE) -- Bullish (NYSE: BLSH), an institutionally focused global digital asset platform that provides market infrastructure and information servi...
USD.AI secures $100M stablecoin debt facility from Bullish
Bullish (BLSH) announced its strategic entry into middle-market AI infrastructure financing through a $100M stablecoin-based liquidity facility provided to USD.AI. This major investment will power USD...
USD.AI Secures $100M Stablecoin Debt Facility From Bullish for GPU Financing
NEW YORK, Aug. 28, 2026 /PRNewswire/ -- Bullish, an institutionally focused global digital asset platform that provides market infrastructure and information services, today announced its strategic en...
Bullish put volume heavy and directionally bearish
Bearish flow noted in Bullish (BLSH) with 2,722 puts trading, or 4x expected. Most active are Oct-26 30 puts and 8/28 weekly 25 calls, with total volume in those strikes…
Bullish price target lowered to $45 from $50 at Canaccord
Canaccord lowered the firm’s price target on Bullish (BLSH) to $45 from $50 and keeps a Buy rating on the shares. The firm noted the DTCC processes a staggering ~…
Bullish launches tokenized equity trading
Bullish (BLSH) announced that several market participants executed trades of its tokenized shares on Bullish Exchange, settled against a USD stablecoin. The trades mark the first time tokenized equity...
Bullish reports Q2 EPS ($1.78) vs. 93c last year
Reports Q2 adjusted revenue $92.6M, consensus $87.4M. CEO Tom Farley said, “The nearly $300T global securities market is moving onto public blockchains. Bullish (BLSH) is excited to work with issuers…
Bullish sees 2026 subscription, services & other revenue $225.0M-$230.0M
2026 total revenue consensus $362.23M.
Bullish price target lowered to $37 from $40 at Clear Street
Clear Street lowered the firm’s price target on Bullish (BLSH) to $37 from $40 and keeps a Buy rating on the shares. The firm, which tweaked estimates to reflect lower…
Bullish price target lowered to $30 from $35 at Rosenblatt
Rosenblatt analyst Chris Brendler lowered the firm’s price target on Bullish (BLSH) to $30 from $35 and keeps a Neutral rating on the shares. The company reported “impressive” Q2 results…
Bullish CEO Tom Farley explains why he favors Clarity Act
Bullish CEO Tom Farley joins ‘Squawk on the Street' to discuss the company's latest earnings report, why he favors the Clarity Act, and more.
Bullish stock surges 11% after topping Q2 revenue estimates
Bullish stock surged on Thursday after reporting stronger-than-expected second-quarter revenue on Thursday. Record subscription and services income helped offset weaker cryptocurrency trading activity...
Bullish Earnings Call Transcript: Q2 2026
Q2 2026 saw resilient performance with $92.6M in adjusted revenue (up 62% YoY), strong SSNO growth, and the launch of tokenized share trading. The Equiniti acquisition remains on track, and guidance was narrowed with sequential growth expected in H2. Tokenization and regulatory clarity are key growth drivers.
Bullish Earnings release: Q2 2026
Bullish released its Q2 2026 earnings on August 13, 2026, summarizing the period's financial results.
Bullish Slides: Q2 2026
Bullish has posted slides in relation to its Q2 2026 quarterly earnings report, which was published on August 13, 2026.
Bullish reports second quarter 2026 results
GEORGE TOWN, Cayman Islands, Aug. 13, 2026 (GLOBE NEWSWIRE) -- Bullish (NYSE: BLSH), an institutionally focused global digital asset platform that provides market infrastructure and information servic...
Bullish launches tokenized equity trading
GIBRALTAR, Aug. 12, 2026 (GLOBE NEWSWIRE) -- Bullish (NYSE: BLSH), an institutionally focused global digital asset platform that provides market infrastructure and information services, today announce...
Bullish releases July 2026 monthly metrics
Bullish releases its monthly metrics for July 2026, including trading volume, average trading spread, and measures of volatility for Bitcoin and Ethereum.
Equiniti and Bullish Support Elemental Royalty Dividend Distribution Offering Eligible Shareholders a Tether Gold (XAU₮) Payment Option
Release Highlights Eligible shareholders of Elemental Royalty Corp. were offered the option to receive dividend payments in Tether Gold (XAU₮) Equiniti facilitated the digital asset component of the d...