Bullish Statistics
Total Valuation
Bullish has a market cap or net worth of $4.97 billion. The enterprise value is $5.18 billion.
| Market Cap | 4.97B |
| Enterprise Value | 5.18B |
Important Dates
The next estimated earnings date is Wednesday, November 18, 2026, before market open.
| Earnings Date | Nov 18, 2026 |
| Ex-Dividend Date | n/a |
Share Statistics
Bullish has 151.65 million shares outstanding. The number of shares has increased by 29.91% in one year.
| Current Share Class | 151.65M |
| Shares Outstanding | 151.65M |
| Shares Change (YoY) | +29.91% |
| Shares Change (QoQ) | +0.36% |
| Owned by Insiders (%) | 59.56% |
| Owned by Institutions (%) | 28.15% |
| Float | 43.84M |
Valuation Ratios
| PE Ratio | n/a |
| Forward PE | 60.39 |
| PS Ratio | 16.87 |
| Forward PS | 13.56 |
| PB Ratio | 1.97 |
| P/TBV Ratio | 2.18 |
| P/FCF Ratio | 45.18 |
| P/OCF Ratio | 41.24 |
| PEG Ratio | 0.51 |
Enterprise Valuation
| EV / Earnings | n/a |
| EV / Sales | 17.55 |
| EV / EBITDA | n/a |
| EV / EBIT | n/a |
| EV / FCF | 47.00 |
Financial Position
The company has a current ratio of 23.52, with a Debt / Equity ratio of 0.21.
| Current Ratio | 23.52 |
| Quick Ratio | 2.87 |
| Debt / Equity | 0.21 |
| Debt / EBITDA | n/a |
| Debt / FCF | 4.61 |
| Interest Coverage | -13.88 |
Financial Efficiency
Return on equity (ROE) is -57.07% and return on invested capital (ROIC) is -28.79%.
| Return on Equity (ROE) | -57.07% |
| Return on Assets (ROA) | -15.71% |
| Return on Invested Capital (ROIC) | -28.79% |
| Return on Capital Employed (ROCE) | -26.80% |
| Weighted Average Cost of Capital (WACC) | n/a |
| Revenue Per Employee | $763,251 |
| Profits Per Employee | -$3.50M |
| Employee Count | 394 |
| Asset Turnover | 0.09 |
| Inventory Turnover | n/a |
Taxes
| Income Tax | -1.37M |
| Effective Tax Rate | n/a |
Stock Price Statistics
The stock price has decreased by -51.03% in the last 52 weeks.
| Beta (5Y) | n/a |
| 52-Week Price Change | -51.03% |
| 50-Day Moving Average | 31.78 |
| 200-Day Moving Average | 33.17 |
| Relative Strength Index (RSI) | 46.17 |
| Average Volume (20 Days) | 1,355,770 |
Short Selling Information
The latest short interest is 7.58 million, so 5.00% of the outstanding shares have been sold short.
| Short Interest | 7.58M |
| Short Previous Month | 8.33M |
| Short % of Shares Out | 5.00% |
| Short % of Float | 17.30% |
| Short Ratio (days to cover) | 4.68 |
Income Statement
In the last 12 months, Bullish had revenue of $300.72 million and -$1.38 billion in losses. Loss per share was -$9.41.
| Revenue | 300.72M |
| Gross Profit | 300.72M |
| Operating Income | -796.40M |
| Pretax Income | -1.43B |
| Net Income | -1.38B |
| EBITDA | -794.55M |
| EBIT | -796.40M |
| Loss Per Share | -$9.41 |
Balance Sheet
The company has $312.85 million in cash and $518.15 million in debt, with a net cash position of -$205.30 million or -$1.35 per share.
| Cash & Cash Equivalents | 312.85M |
| Total Debt | 518.15M |
| Net Cash | -205.30M |
| Net Cash Per Share | -$1.35 |
| Equity (Book Value) | 2.46B |
| Book Value Per Share | 15.92 |
| Working Capital | 2.82B |
Cash Flow
In the last 12 months, operating cash flow was $123.02 million and capital expenditures -$10.73 million, giving a free cash flow of $112.29 million.
| Operating Cash Flow | 123.02M |
| Capital Expenditures | -10.73M |
| Depreciation & Amortization | 1.85M |
| Net Borrowing | -51.06M |
| Free Cash Flow | 112.29M |
| FCF Per Share | $0.74 |
Margins
| Gross Margin | 100.00% |
| Operating Margin | -264.83% |
| Pretax Margin | -475.96% |
| Profit Margin | n/a |
| EBITDA Margin | -264.21% |
| EBIT Margin | -264.83% |
| FCF Margin | 37.34% |
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 |
| FCF Payout Ratio | n/a |
| Buyback Yield | -29.91% |
| Shareholder Yield | -29.91% |
| Earnings Yield | -27.21% |
| FCF Yield | 2.21% |
Analyst Forecast
The average price target for Bullish is $41.09, which is 25.31% higher than the current price. The consensus rating is "Buy".
| Price Target | $41.09 |
| Price Target Difference | 25.31% |
| Analyst Consensus | Buy |
| Analyst Count | 12 |
| Revenue Growth Forecast (3Y) | 28.99% |
| EPS Growth Forecast (3Y) | 50.63% |
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 4.96 and a Piotroski F-Score of 3.
| Altman Z-Score | 4.96 |
| Piotroski F-Score | 3 |