Brokerages Set Bullish (NYSE:BLSH) Target Price at $52.08

Bullish (NYSE:BLSH) has earned a consensus rating of “Hold” from the thirteen brokerages that are covering the company, Marketbeat Ratings reports. One research analyst has rated the stock with a sell recommendation, seven have issued a hold recommendation and five have issued a buy recommendation on the company. The average twelve-month target price among brokerages that have issued ratings on the stock in the last year is $52.0833.

BLSH has been the topic of several research reports. Wall Street Zen raised shares of Bullish from a “sell” rating to a “hold” rating in a research note on Saturday, February 7th. Canaccord Genuity Group cut their price objective on shares of Bullish from $68.00 to $50.00 and set a “buy” rating for the company in a report on Monday, November 24th. Weiss Ratings restated a “sell (d)” rating on shares of Bullish in a report on Monday, December 29th. Sanford C. Bernstein reaffirmed a “market perform” rating and issued a $50.00 price target on shares of Bullish in a report on Tuesday, January 6th. Finally, JPMorgan Chase & Co. reduced their price objective on Bullish from $42.00 to $41.00 and set a “neutral” rating on the stock in a research report on Friday, February 6th.

Institutional Trading of Bullish

Institutional investors and hedge funds have recently bought and sold shares of the stock. Nwam LLC purchased a new stake in Bullish during the third quarter worth approximately $4,540,000. Sumitomo Mitsui Trust Group Inc. acquired a new stake in Bullish during the third quarter worth approximately $91,782,000. Renaissance Capital LLC purchased a new stake in shares of Bullish during the 3rd quarter worth approximately $2,436,000. Stephens Investment Management Group LLC acquired a new position in shares of Bullish in the 3rd quarter valued at $27,080,000. Finally, Principal Financial Group Inc. acquired a new position in shares of Bullish in the 3rd quarter valued at $7,034,000.

Bullish Stock Up 0.1%

Shares of Bullish stock opened at $31.74 on Thursday. The company has a debt-to-equity ratio of 0.15, a quick ratio of 27.69 and a current ratio of 29.28. The stock has a market cap of $4.64 billion and a P/E ratio of 317.39. The stock has a 50 day moving average price of $37.96. Bullish has a 52-week low of $24.79 and a 52-week high of $118.00.

Bullish (NYSE:BLSH) last issued its quarterly earnings results on Thursday, February 5th. The company reported ($3.73) earnings per share for the quarter, missing analysts’ consensus estimates of $0.16 by ($3.89). Bullish had a negative return on equity of 10.58% and a negative net margin of 0.95%.The business had revenue of $92.50 million for the quarter. During the same quarter last year, the firm earned $1.37 EPS. The business’s revenue was up 67.6% on a year-over-year basis.

Bullish News Summary

Here are the key news stories impacting Bullish this week:

• Positive Sentiment: Ark Invest / Cathie Wood continued to buy Bullish, signaling institutional conviction and driving demand for BLSH. Bullish Stock (BLSH) Jumps as Cathie Wood Makes 10th Straight Daily Purchase. Here’s Why.
• Positive Sentiment: Crypto market momentum: Bitcoin is reversing and probing toward $70,000, which tends to boost volume and sentiment for crypto-exchange stocks like Bullish. Bitcoin Eyes $70,000 Reclaim As Ethereum, XRP, Dogecoin Flip Green — Bullish Weekend Ahead?
• Neutral Sentiment: Consensus Hong Kong 2026 wrapped with strong attendance and continued institutional focus on digital assets — a longer-term positive signal for industry growth, but not an immediate earnings catalyst for BLSH. Consensus Hong Kong 2026 Concludes with 11,000 Attendees, Driving the Global Dialogue on Finance and Digital Assets
• Neutral Sentiment: Media and analyst attention (coverage and comparisons) is increasing, which can amplify moves but doesn’t guarantee fundamentals will improve in the near term. Why Bullish Stock Is Bolting Higher This Week
• Negative Sentiment: Recent fundamentals remain a drag: Bullish’s Feb. 5 quarter showed a large EPS miss and negative net margin, leaving the stock vulnerable if institutional buying fades. (Earnings release / company filings)
• Negative Sentiment: Valuation and technical pressure — high PE ratio and the stock trading below its 50‑day moving average — increase downside risk if crypto flows or sentiment reverse quickly.

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.