JPMorgan Chase & Co. Has Lowered Expectations for Bullish (NYSE:BLSH) Stock Price

Bullish (NYSE:BLSH) had its target price decreased by research analysts at JPMorgan Chase & Co. from $42.00 to $41.00 in a report released on Friday,Benzinga reports. The brokerage currently has a “neutral” rating on the stock. JPMorgan Chase & Co.‘s price target points to a potential upside of 49.58% from the company’s previous close.

A number of other equities research analysts also recently weighed in on BLSH. Canaccord Genuity Group dropped their price target on shares of Bullish from $68.00 to $50.00 and set a “buy” rating for the company in a research report on Monday, November 24th. Deutsche Bank Aktiengesellschaft raised Bullish from a “hold” rating to a “buy” rating and dropped their price objective for the company from $52.00 to $51.00 in a report on Wednesday, November 19th. Citigroup reduced their target price on Bullish from $77.00 to $67.00 and set a “buy” rating on the stock in a report on Monday, December 22nd. Weiss Ratings restated a “sell (d)” rating on shares of Bullish in a research report on Monday, December 29th. Finally, Rosenblatt Securities reduced their price objective on shares of Bullish from $52.00 to $39.00 and set a “buy” rating on the stock in a research note on Friday. Five equities research analysts have rated the stock with a Buy rating, seven have given a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, Bullish presently has an average rating of “Hold” and an average price target of $52.08.

Bullish Stock Performance

BLSH opened at $27.41 on Friday. The stock’s fifty day moving average price is $39.28. The firm has a market capitalization of $4.01 billion and a P/E ratio of 1,370.50. Bullish has a fifty-two week low of $24.79 and a fifty-two week high of $118.00. The company has a quick ratio of 36.58, a current ratio of 38.78 and a debt-to-equity ratio of 0.13.

Bullish (NYSE:BLSH) last released its quarterly earnings results on Thursday, February 5th. The company reported ($3.73) EPS for the quarter, missing analysts’ consensus estimates of $0.16 by ($3.89). The business had revenue of $92.50 million for the quarter. Bullish had a negative return on equity of 11.02% and a negative net margin of 0.95%.The business’s revenue for the quarter was up 67.6% compared to the same quarter last year. During the same quarter last year, the company posted $1.37 earnings per share.

Hedge Funds Weigh In On Bullish

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the business. ARK Investment Management LLC bought a new stake in shares of Bullish in the third quarter valued at approximately $163,904,000. Massachusetts Financial Services Co. MA purchased a new position in Bullish in the 3rd quarter valued at approximately $92,824,000. Sumitomo Mitsui Trust Group Inc. purchased a new position in Bullish in the 3rd quarter valued at approximately $91,782,000. Amova Asset Management Americas Inc. bought a new stake in Bullish during the 3rd quarter valued at $91,431,000. Finally, Invesco Ltd. purchased a new stake in shares of Bullish during the third quarter worth $74,658,000.

Key Stories Impacting Bullish

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

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.