Rosenblatt Securities Lowers Bullish (NYSE:BLSH) Price Target to $39.00

Bullish (NYSE:BLSH) had its price target reduced by Rosenblatt Securities from $52.00 to $39.00 in a research note issued to investors on Friday,Benzinga reports. The brokerage currently has a “buy” rating on the stock. Rosenblatt Securities’ price objective suggests a potential upside of 42.28% from the stock’s previous close.

Several other brokerages have also recently commented on BLSH. Citigroup dropped 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. Canaccord Genuity Group dropped their price objective on Bullish from $68.00 to $50.00 and set a “buy” rating on the stock in a research note on Monday, November 24th. Sanford C. Bernstein reaffirmed a “market perform” rating and set a $50.00 target price on shares of Bullish in a research note on Tuesday, January 6th. JPMorgan Chase & Co. dropped their price target on shares of Bullish from $45.00 to $42.00 and set a “neutral” rating on the stock in a research report on Tuesday, January 27th. Finally, Wall Street Zen downgraded shares of Bullish from a “hold” rating to a “sell” rating in a report on Sunday, November 23rd. Five investment analysts have rated the stock with a Buy rating, seven have issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat, the company has a consensus rating of “Hold” and an average price target of $52.08.

Bullish Stock Up 10.1%

BLSH stock opened at $27.41 on Friday. The business has a 50-day moving average of $39.28. The firm has a market capitalization of $4.01 billion and a P/E ratio of 1,370.50. 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 has a fifty-two week low of $24.79 and a fifty-two week high of $118.00.

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 company 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 company’s quarterly revenue was up 67.6% compared to the same quarter last year. During the same quarter last year, the business earned $1.37 EPS.

Institutional Trading of Bullish

Hedge funds have recently bought and sold shares of the company. Tradewinds Capital Management LLC purchased a new stake in shares of Bullish during the 3rd quarter worth about $25,000. Ameritas Advisory Services LLC acquired a new position in Bullish in the third quarter worth approximately $29,000. CWM LLC bought a new position in Bullish during the third quarter valued at approximately $31,000. 10Elms LLP bought a new position in Bullish during the third quarter valued at approximately $32,000. Finally, Tsfg LLC acquired a new stake in Bullish in the third quarter valued at approximately $45,000.

Trending Headlines about 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.