Bullish (NYSE:BLSH) Receives $53.25 Average Target Price from Brokerages

Shares of Bullish (NYSE:BLSH) have been assigned a consensus recommendation of “Hold” from the thirteen research firms that are covering the stock, Marketbeat.com reports. One investment analyst has rated the stock with a sell recommendation, seven have given a hold recommendation and five have issued a buy recommendation on the company. The average 1 year price target among brokerages that have issued ratings on the stock in the last year is $52.0833.

Several equities research analysts have recently commented on the stock. Rosenblatt Securities reduced their price target on shares of Bullish from $52.00 to $39.00 and set a “buy” rating for the company in a research report on Friday. JPMorgan Chase & Co. cut their target price on shares of Bullish from $42.00 to $41.00 and set a “neutral” rating for the company in a research report on Friday. Wall Street Zen upgraded shares of Bullish from a “sell” rating to a “hold” rating in a research report on Saturday. Deutsche Bank Aktiengesellschaft raised shares of Bullish from a “hold” rating to a “buy” rating and cut their price objective for the company from $52.00 to $51.00 in a research report on Wednesday, November 19th. Finally, Canaccord Genuity Group decreased their target price on Bullish from $68.00 to $50.00 and set a “buy” rating on the stock in a report on Monday, November 24th.

Key Bullish News

Here are the key news stories impacting Bullish this week:

• Positive Sentiment: High-profile buying lifted demand — Cathie Wood’s Ark-related activity added shares to its crypto exposure after the earnings release, signaling institutional confidence that likely supported the rally. Cathie Wood Loads Up On Bullish After Earnings
• Positive Sentiment: Rosenblatt trimmed its price target from $52 to $39 but kept a “buy” rating — the maintained buy stance from a sell‑side firm provides tactical support despite a lower PT. Rosenblatt Price Target Note
• Neutral Sentiment: Company reported strong top-line growth: Q4 revenue rose ~67.6% year-over-year and Bullish published January monthly metrics — revenue strength and improving volumes are constructive, even as profitability is under pressure. Bullish Q4 Results (Business Wire)
• Negative Sentiment: Big EPS miss and GAAP loss weighed on sentiment — Bullish reported ($3.73) EPS versus a $0.16 consensus and posted a GAAP loss driven by digital‑asset writedowns, creating headline risk and volatility. Earnings Summary & Transcript
• Negative Sentiment: JPMorgan lowered its price target from $42 to $41 and moved to “neutral” — that downgrade reduces the conviction among some institutional and quant investors, even though the PT still sits above the current share price. JPMorgan Price Target Note
• Negative Sentiment: Coverage highlighting “significant losses, modest growth” underscores continued profitability concerns and may keep downside pressure until writedowns stabilize. Crowdfund Insider: Losses & Growth

Institutional Inflows and Outflows

A number of large investors have recently made changes to their positions in the stock. Leonteq Securities AG bought a new position in shares of Bullish during the 4th quarter valued at approximately $106,000. Harvest Portfolios Group Inc. purchased a new position in Bullish during the fourth quarter valued at approximately $1,990,000. Stephens Investment Management Group LLC lifted its holdings in Bullish by 99.7% during the fourth quarter. Stephens Investment Management Group LLC now owns 850,248 shares of the company’s stock valued at $32,199,000 after purchasing an additional 424,523 shares in the last quarter. Benjamin Edwards Inc. boosted its position in shares of Bullish by 73.4% in the fourth quarter. Benjamin Edwards Inc. now owns 19,892 shares of the company’s stock worth $753,000 after purchasing an additional 8,420 shares during the period. Finally, Strs Ohio purchased a new stake in shares of Bullish in the fourth quarter worth $30,000.

Bullish Trading Up 10.1%

Shares of BLSH opened at $27.41 on Thursday. The company’s fifty day moving average is $39.28. The stock has a market cap of $4.01 billion and a price-to-earnings ratio of 1,370.50. The company has a debt-to-equity ratio of 0.13, a quick ratio of 36.58 and a current ratio of 38.78. Bullish has a 1-year low of $24.79 and a 1-year high of $118.00.

Bullish (NYSE:BLSH) last issued its quarterly earnings data on Thursday, February 5th. The company reported ($3.73) EPS for the quarter, missing the consensus estimate of $0.16 by ($3.89). Bullish had a negative return on equity of 11.02% and a negative net margin of 0.95%.The firm had revenue of $92.50 million during the quarter. During the same period in the prior year, the firm earned $1.37 earnings per share. Bullish’s revenue for the quarter was up 67.6% compared to the same quarter last year.

About Bullish

Bullish (NYSE: BLSH) is a company that develops and operates digital asset market infrastructure, including a cryptocurrency trading platform and related technology services. The firm’s stated activities focus on providing exchange services, market structure and trading technology designed to support the listing, execution and clearing of digital assets. Bullish positions itself as a bridge between traditional capital markets practices and the evolving cryptocurrency ecosystem.

The business was announced in connection with Block.one, the software developer known for its work on the EOS blockchain, and was formed with the intent of creating a regulated, institutional-grade marketplace for digital assets.