Bullish (NYSE:BLSH) Upgraded to “Hold” at Wall Street Zen

Wall Street Zen upgraded shares of Bullish (NYSE:BLSH) from a sell rating to a hold rating in a research note released on Friday.

Several other equities research analysts have also issued reports on BLSH. Citigroup lifted their price target on Bullish from $66.00 to $70.00 and gave the company a “buy” rating in a report on Thursday, September 18th. Zacks Research upgraded Bullish to a “hold” rating in a report on Tuesday, September 9th. Rosenblatt Securities lifted their price target on Bullish from $60.00 to $62.00 and gave the company a “buy” rating in a report on Thursday, September 18th. Canaccord Genuity Group reiterated a “buy” rating and set a $68.00 price target on shares of Bullish in a report on Thursday, September 18th. Finally, Keefe, Bruyette & Woods started coverage on Bullish in a report on Monday, September 15th. They set a “market perform” rating and a $55.00 price target for the company. Four analysts have rated the stock with a Buy rating and eight have assigned a Hold rating to the stock. According to data from MarketBeat, the stock has a consensus rating of “Hold” and an average price target of $57.33.

Bullish Price Performance

Shares of NYSE BLSH opened at $65.07 on Friday. Bullish has a one year low of $47.88 and a one year high of $118.00. The stock has a market cap of $9.51 billion and a price-to-earnings ratio of -1,287.17.

Bullish (NYSE:BLSH) last announced its quarterly earnings data on Wednesday, September 17th. The company reported ($0.05) EPS for the quarter, missing analysts’ consensus estimates of ($0.04) by ($0.01). The business had revenue of $57.00 million during the quarter, compared to analysts’ expectations of $55.91 million. Bullish has set its Q3 2025 guidance at EPS.

Bullish Company Profile

Bullish is an institutionally focused global digital asset platform that provides market infrastructure and information services. Our objective is to provide mission critical products and services that are designed to help institutions grow their businesses, empower individual customers, and drive the adoption of stablecoins, digital assets, and blockchain technology.