Bullish Inc (BLSH)

Currency in USD
24.96
+0.57(+2.34%)
Closed·
24.80-0.16(-0.64%)
·
BLSH is not included in our AI-picked strategies. See which stocks are.
Fair Value
Day's Range
24.2825.59
52 wk Range
20.5574.98
Key Statistics
Prev. Close
24.39
Open
24.34
Day's Range
24.28-25.59
52 wk Range
20.55-74.98
Volume
2.45M
Average Volume (3m)
1.62M
1-Year Change
-60.6123%
Book Value / Share
15.93
Fair Value
unlockUnlock
Fair Value Upside
unlockUnlock
BLSH Scorecardpro icon
Company’s Health
Unlock
Fair Value
Unlock Price
Fair Price
Upside
Price Target
39.22
Upside
+57.14%
Members' Sentiments
Bearish
Bullish
ProTips
4 analysts have revised their earnings downwards for the upcoming period

Bullish Inc News & Analysis

Show more

Technical Analysis

Summary
Strong Sell
Sell
Neutral
Buy
Strong Buy
Neutral
Technical Indicators
Strong Sell
Moving Averages
Buy

Analyst Ratings

4 Buy
6 Hold
0 Sell
Ratings:
10 analysts
Overall Consensus
Buy

Analysts 12-Month Price Target:

Average 39.22
(+57.14% Upside)
Firm
ArticlePositionPrice TargetUpside / DownsideFrom Price TargetActionDate
JPMorgan
Hold25.00+0.16%26.00MaintainAug 14, 2026
Compass Point
Hold30.00+20.19%27.00MaintainAug 14, 2026
Rosenblatt
Hold30.00+20.19%35.00MaintainAug 14, 2026
Compass Point
Hold43.00+72.28%36.00MaintainMay 15, 2026
Cantor Fitzgerald
Buy43.00+72.28%39.00MaintainMay 14, 2026

Bullish Inc Earnings Call Summary for Q2/2026

  • Q2 adjusted revenue rose 62% YoY to $92.6M; recurring Subscription, Services & Other revenue hit record $62.7M despite weak crypto markets.
  • Bullish launched trading of its own tokenized shares on regulated venue, marking key milestone in tokenization strategy and market structure push.
  • Company expects U.S. derivatives market access within months, earlier than anticipated; ended quarter with $2.1B in net liquid assets for M&A.
  • FY 2026 SSNO revenue guidance narrowed to $225M-$245M; operating expenses guided at $225M-$230M with Q2 representing peak quarterly spend.
  • Adjusted EBITDA reached $29.5M (32% margin); Equiniti acquisition expected to close January 2027 as institutional customer pipeline hits record.
Last Updated: 13/08/2026, 14:48
Read Full Transcript

Earnings

Latest Release
Aug 13, 2026
EPS / Forecast
0.09 / 0.19
Revenue / Forecast
92.6M / --
EPS Revisions
Last 90 days

BLSH Income Statement

Compare BLSH to Peers and Sector

Metrics to compare
BLSH
Peers
Sector
Relationship
P/E Ratio
−2.7x−4.8x9.9x
PEG Ratio
0.000.010.03
Price/Book
1.6x1.5x1.0x
Price / LTM Sales
12.6x4.6x3.0x
Upside (Analyst Target)
59.9%45.8%13.1%
Fair Value Upside
Unlock−6.1%2.3%Unlock

Bullish, a global digital asset platform that provides market infrastructure and information services in United States. The company operates Bullish Exchange, a digital assets spot and derivatives exchange that integrates a central limit order book matching engine with automated market making to provide deep and predictable liquidity. It also offers CoinDesk Indices, a collection of tradable proprietary and single-asset benchmarks and indices that track the performance of digital assets to leading traditional finance institutions, including exchanges and asset managers; CoinDesk Data, a comprehensive suite of digital assets market data and analytics, providing real-time insights into prices, trends, and market dynamics; and CoinDesk Insights offers news, analysis, information, conferences and networking opportunities related to digital assets, blockchain technology and the broader financial technology industry. Bullish was founded in 2020 and is based in George Town, Cayman Islands.

Ownership

Ownership Overview

Type
Common Stock Held% of Shares OutstandingMarket Value
Mutual Funds & ETFs
25.61M16.89%624.62M
Other Institutional Investors
44.48M29.33%1.08B
Public Companies & Retail Investors
81.56M53.78%1.99B
Total
151.65M100.00%3.7B

Top Holders

Holder
% of holding
Shares Held
Date Reported
Value (In 1,000s)
Pu Luo Chung VC Private Limited9.74%14,776,315360,394
FMR LLC6.90%10,456,204255,027

People Also Watch

74.59
CRCL
+4.18%
968.90
LITE
+4.62%
282.82
CRDO
+8.82%
27.10
BEAM
+1.31%
106.00
CRWV
+0.70%

FAQ

What Is the Bullish (BLSH) Stock Price Today?

The Bullish stock price today is 24.96 USD.

What Stock Exchange Does Bullish Trade On?

Bullish is listed and trades on the New York Stock Exchange.

What Is the Stock Symbol for Bullish?

The stock symbol for Bullish is "BLSH."

What Is the Bullish (BLSH) Afterhours Price Today? (Afterhours variable test: 24.80) Current Date: Aug 18, 2026

After hours price: 24.80. After hours price change (units): -0.16. Price change percentage: -0.64%

What Is the Bullish Market Cap?

As of today, Bullish market cap is 3.79B USD.

What Is Bullish's Earnings Per Share (TTM)?

The Bullish EPS (TTM) is -9.41.

When Is the Next Bullish Earnings Date?

Bullish will release its next earnings report on Aug 14, 2026.

From a Technical Analysis Perspective, Is BLSH a Buy or Sell?

Based on moving averages and other technical indicators, the daily buy/sell signal is Neutral.

How Many Times Has Bullish Stock Split?

Bullish has split 0 times.

How Many Employees Does Bullish Have?

Bullish has 394 employees.

What is the current trading status of Bullish (BLSH)?

As of Aug 18, 2026, Bullish (BLSH) is trading at a price of 24.96 USD, with a previous close of 24.39 USD. The stock has fluctuated within a day range of 24.28 USD to 25.59 USD, while its 52-week range spans from 20.55 USD to 74.98 USD.

What Is Bullish (BLSH) Price Target According to Analysts?

The average 12-month price target for Bullish is 39.22 USD, with a high estimate of 51 USD and a low estimate of 25 USD. 4 analysts recommend buying the stock, while 0 suggest selling, leading to an overall rating of Buy. The stock has an +57.14% Upside potential.

What Is the BLSH Premarket Price?

BLSH's last pre-market stock price is 24.25 USD. The pre-market share volume is 22,960.00, and the stock has decreased by -0.14, or -0.57%.

What Is the BLSH After Hours Price?

BLSH's last after hours stock price is 24.80 USD, the stock has decreased by -0.16, or -0.64%.
Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers
© 2007-2026 - Fusion Media Limited. All Rights Reserved.