Bullish Statistics
Total Valuation
Bullish has a market cap or net worth of $3.58 billion. The enterprise value is $3.75 billion.
| Market Cap | 3.58B |
| Enterprise Value | 3.75B |
Important Dates
The next confirmed earnings date is Thursday, August 13, 2026, before market open.
| Earnings Date | Aug 13, 2026 |
| Ex-Dividend Date | n/a |
Share Statistics
Bullish has 151.65 million shares outstanding. The number of shares has increased by 21.59% in one year.
| Current Share Class | 151.65M |
| Shares Outstanding | 151.65M |
| Shares Change (YoY) | +21.59% |
| Shares Change (QoQ) | +0.15% |
| Owned by Insiders (%) | 35.69% |
| Owned by Institutions (%) | 29.03% |
| Float | 48.04M |
Valuation Ratios
| PE Ratio | n/a |
| Forward PE | 38.22 |
| PS Ratio | 13.37 |
| Forward PS | 9.55 |
| PB Ratio | 1.35 |
| P/TBV Ratio | 1.40 |
| P/FCF Ratio | 31.70 |
| P/OCF Ratio | 29.09 |
| PEG Ratio | 0.36 |
Enterprise Valuation
The stock's EV/EBITDA ratio is 4,098.84, with an EV/FCF ratio of 33.16.
| EV / Earnings | n/a |
| EV / Sales | 13.98 |
| EV / EBITDA | 4,098.84 |
| EV / EBIT | n/a |
| EV / FCF | 33.16 |
Financial Position
The company has a current ratio of 26.42, with a Debt / Equity ratio of 0.19.
| Current Ratio | 26.42 |
| Quick Ratio | 3.13 |
| Debt / Equity | 0.19 |
| Debt / EBITDA | 554.81 |
| Debt / FCF | 4.49 |
| Interest Coverage | -0.11 |
Financial Efficiency
Return on equity (ROE) is -44.64% and return on invested capital (ROIC) is -15.86%.
| Return on Equity (ROE) | -44.64% |
| Return on Assets (ROA) | -10.35% |
| Return on Invested Capital (ROIC) | -15.86% |
| Return on Capital Employed (ROCE) | -0.20% |
| Weighted Average Cost of Capital (WACC) | n/a |
| Revenue Per Employee | $647,121 |
| Profits Per Employee | -$2.42M |
| Employee Count | 414 |
| Asset Turnover | 0.09 |
| Inventory Turnover | n/a |
Taxes
| Income Tax | -497,000 |
| Effective Tax Rate | n/a |
Stock Price Statistics
| Beta (5Y) | n/a |
| 52-Week Price Change | n/a |
| 50-Day Moving Average | 25.32 |
| 200-Day Moving Average | 35.92 |
| Relative Strength Index (RSI) | 47.93 |
| Average Volume (20 Days) | 1,387,840 |
Short Selling Information
The latest short interest is 9.86 million, so 6.50% of the outstanding shares have been sold short.
| Short Interest | 9.86M |
| Short Previous Month | 12.36M |
| Short % of Shares Out | 6.50% |
| Short % of Float | 20.52% |
| Short Ratio (days to cover) | 5.87 |
Income Statement
In the last 12 months, Bullish had revenue of $267.91 million and -$1.00 billion in losses. Loss per share was -$7.31.
| Revenue | 267.91M |
| Gross Profit | 267.91M |
| Operating Income | -496.02M |
| Pretax Income | -1.04B |
| Net Income | -1.00B |
| EBITDA | 914,000 |
| EBIT | -6.27M |
| Loss Per Share | -$7.31 |
Balance Sheet
The company has $342.69 million in cash and $507.10 million in debt, with a net cash position of -$164.41 million or -$1.08 per share.
| Cash & Cash Equivalents | 342.69M |
| Total Debt | 507.10M |
| Net Cash | -164.41M |
| Net Cash Per Share | -$1.08 |
| Equity (Book Value) | 2.70B |
| Book Value Per Share | 17.53 |
| Working Capital | 3.06B |
Cash Flow
In the last 12 months, operating cash flow was $123.13 million and capital expenditures -$10.15 million, giving a free cash flow of $112.99 million.
| Operating Cash Flow | 123.13M |
| Capital Expenditures | -10.15M |
| Depreciation & Amortization | 2.00M |
| Net Borrowing | -50.86M |
| Free Cash Flow | 112.99M |
| FCF Per Share | $0.75 |
Margins
| Gross Margin | 100.00% |
| Operating Margin | -185.15% |
| Pretax Margin | -389.02% |
| Profit Margin | n/a |
| EBITDA Margin | 0.00% |
| EBIT Margin | -0.00% |
| FCF Margin | 42.17% |
Dividends & Yields
Bullish does not appear to pay any dividends at this time.
| Dividend Per Share | n/a |
| Dividend Yield | n/a |
| Dividend Growth (YoY) | n/a |
| Years of Dividend Growth | n/a |
| Payout Ratio | n/a |
| Buyback Yield | -21.59% |
| Shareholder Yield | -21.59% |
| Earnings Yield | -27.98% |
| FCF Yield | 3.15% |
Analyst Forecast
The average price target for Bullish is $40.83, which is 72.86% higher than the current price. The consensus rating is "Buy".
| Price Target | $40.83 |
| Price Target Difference | 72.86% |
| Analyst Consensus | Buy |
| Analyst Count | 10 |
| Revenue Growth Forecast (3Y) | 26.26% |
| EPS Growth Forecast (3Y) | 38.76% |
Fair Value
There are several formulas that can be used to estimate the intrinsic value of a stock.
| Lynch Fair Value | n/a |
| Lynch Upside | n/a |
| Graham Number | n/a |
| Graham Upside | n/a |
Stock Splits
This stock does not have any record of stock splits.
| Last Split Date | n/a |
| Split Type | n/a |
| Split Ratio | n/a |
Scores
Bullish has an Altman Z-Score of 6.1 and a Piotroski F-Score of 4.
| Altman Z-Score | 6.1 |
| Piotroski F-Score | 4 |