Bullish (BLSH)

NYSE: BLSH · Real-Time Price · USD
59.48
-0.07 (-0.13%)
Oct 14, 2025, 3:54 PM EDT - Market open
-0.13%
Market Cap8.69B
Revenue (ttm)259.16B
Net Income (ttm)-146.18M
Shares Out 146.18M
EPS (ttm)-1.30
PE Ration/a
Forward PE92.29
Dividendn/a
Ex-Dividend Daten/a
Volume1,669,118
Open57.85
Previous Close59.55
Day's Range57.28 - 60.16
52-Week Range47.88 - 118.00
Betan/a
AnalystsBuy
Price Target56.90 (-4.33%)
Earnings DateSep 17, 2025

About BLSH

Bullish provides market infrastructure and information services in United States. It 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. The company also offers CoinDesk Indices, a collection of tradable proprietary and single-asset benchmarks and indices that track the performance of digital assets for global institutions in the digital assets and traditional finance industries; CoinDesk Data,... [Read more]

Sector Technology
IPO Date Aug 13, 2025
Employees 400
Stock Exchange NYSE
Ticker Symbol BLSH
Full Company Profile

Financial Performance

In 2024, Bullish's revenue was $250.26 billion, an increase of 114.80% compared to the previous year's $116.51 billion. Earnings were $78.53 million, a decrease of -93.96%.

Financial Statements

Analyst Summary

According to 11 analysts, the average rating for BLSH stock is "Buy." The 12-month stock price target is $56.9, which is a decrease of -4.33% from the latest price.

Price Target
$56.9
(-4.33% downside)
Analyst Consensus: Buy
Stock Forecasts

News

Snap: Heavy Volume Buying Is The New Bullish Stock Puzzle Piece

Snap shares are rallying in response to unusually high trading volume, drawing renewed market attention. Disappointing Q2 2025 earnings, recent insider sales, a government investigation of social medi...

6 days ago - Seeking Alpha

Bullish and Deutsche Bank partner to deliver seamless fiat integration for institutional crypto trading

HONG KONG and FRANKFURT, Germany , Oct. 8, 2025 /PRNewswire/ -- Bullish (NYSE: BLSH), an institutionally focused global digital asset platform that provides market infrastructure and information servi...

6 days ago - PRNewsWire

Bullish releases September 2025 monthly metrics

CAYMAN ISLANDS , Oct. 7, 2025 /PRNewswire/ -- Bullish (NYSE: BLSH), an institutionally focused global digital asset platform that provides market infrastructure and information services, released its ...

6 days ago - PRNewsWire

Bullish shares surge 10% after plans to launch crypto options trading in US

Cryptocurrency-exchange operator Bullish, which also owns crypto news and data platform CoinDesk, announced plans to add options trading to its platform, marking a significant step in the company's in...

12 days ago - Invezz

Bullish to launch crypto options trading with top-tier consortium of trading partners

Institutions outside the U.S. interested in trading options with Bullish are encouraged to contact sales@bullish.com to begin the onboarding process. SINGAPORE , Oct. 1, 2025 /PRNewswire/ -- Bullish (...

12 days ago - PRNewsWire

Bullish launches in the U.S., offering institutions and advanced traders a new standard in digital asset trading

NEW YORK , Oct. 1, 2025 /PRNewswire/ -- Bullish  (NYSE: BLSH), an institutionally focused global digital asset platform that provides market infrastructure and information services, today announced th...

13 days ago - PRNewsWire

Bullish (BLSH) Q2 2025 Earnings Call Transcript

Bullish (NYSE:BLSH) Q2 2025 Earnings Call September 17, 2025 5:30 PM EDT Company Participants Michael Fedele Thomas Farley - CEO & Chairman David Bonanno - Chief Financial Officer Conference Call Par...

20 days ago - Seeking Alpha

Bullish: Earnings And New York BitLicense Spell Buy

Bullish has shown strong institutional interest post-IPO, reporting robust Q2 results and a swing to profitability, despite shares being down 21% since going public. Bullish's revenue diversification ...

25 days ago - Seeking Alpha

Bullish: Strong Bet On Institutional Crypto Growth

Bullish recently completed a high-profile IPO and is positioned for growth with U.S. crypto market entry and crypto options trading. The institutional crypto exchange reported mixed Q2 '25 results, wi...

26 days ago - Seeking Alpha

Peter Thiel-Backed Crypto Platform Bullish Swings to a Profit; Stock Surges

Shares of Bullish (BLSH) surged Thursday after the cryptocurrency exchange backed by billionaire Peter Thiel reported that it posted a profit on higher sales and trading volume.

26 days ago - Investopedia

Bullish shares surge 6% after earnings beat in first result after listing

Crypto exchange Bullish (NYSE: BLSH) surged 6% on Thursday after posting a profit in its first quarterly result since going public, reversing a loss from the same period last year.

26 days ago - Invezz

Behind NVDA & INTC Investment, RDDT All-Time High, BLSH Beats Earnings

Diane King Hall takes a closer look behind Nvidia's (NVDA) investment into Intel (INTC) and how the two companies will combine their tech. She later talks about Reddit's (RDDT) leap to an all-time hig...

Other symbols: INTCNVDARDDT
26 days ago - Schwab Network

Bullish Reports Second Quarter 2025 Results

Bullish obtains New York DFS BitLicense, unlocking Q4'2025 US market entry Q2'2025 Digital asset sales of $58.6 billion and net income of $108.3 million Q2'2025 Adjusted Revenue of $57.0 million and A...

26 days ago - PRNewsWire

Bullish Stock Climbs After Q2 Results: Details

Bullish  BLSH stock climbed after the company released its second-quarter results after Wednesday's closing bell. Here's a look at the details in the report.

26 days ago - Benzinga

Bullish secures New York BitLicense from the NYDFS, paving way for U.S. launch

NEW YORK , Sept. 17, 2025 /PRNewswire/ -- Bullish (NYSE: BLSH), an institutionally focused global digital asset platform that provides market infrastructure and information services, today announced t...

27 days ago - PRNewsWire

U.S. IPO Activity On Track For The Best Quarter Since Q1 2022

Q3 2025 IPO filings have reached 104 with two weeks left in the quarter, making it the strongest quarter since Q1 2022. After six large public offerings hit the tape last week, all eyes are on expecte...

27 days ago - Seeking Alpha

Bullish: A Closer Look At Earnings

Bullish has seen volatile trading since its IPO, with shares down over 50% from their initial spike. BLSH's revenue is heavily reliant on crypto holdings, with transaction income declining and CoinDes...

4 weeks ago - Seeking Alpha

CRCL, BLSH, ASTS & GTLB: Luke Lloyd's Growth Stock Picks

Luke Lloyd says the growth trade is back, and investors should stay alert when it comes to stocks that can accelerate momentum. He points to two recent IPOs in Bullish (BLSH) and Circle (CRCL) as bene...

Other symbols: GTLBASTSCRCL
4 weeks ago - Schwab Network

Bullish Earnings Are Imminent; These Most Accurate Analysts Revise Forecasts Ahead Of Earnings Call

Bullish BLSH will release earnings results for the second quarter after the closing bell on Wednesday, Sept. 17.

4 weeks ago - Benzinga

Fed Meeting; FedEx, Lennar, Bullish Earnings; and More to Watch

The Fed will take center stage this week, with an interest-rate cut all but assured to be announced on Wednesday.

Other symbols: FDXLEN
4 weeks ago - Barrons

Bullish Stock Is Falling. What Analysts Say About the Latest Crypto IPO.

A host of investment banks release their first research notes on the crypto company after its initial public offering last month.

5 weeks ago - Barrons

Bullish Set To Benefit From 'Huge' Crypto Tailwind, Though Scale Concerns Persist

Could the next big wave in the cryptocurrency market be driven by a surprising political shift? As Bullish BLSH makes its U.S. debut, analysts weigh in on what this means for institutional adoption an...

5 weeks ago - Benzinga

Here's why the Bullish stock price has plunged and what next

Bullish stock price has been in a free fall since its listing in August. After peaking at $117, it has plunged to $52, erasing billions of dollars in value as its market capitalization fell to $7.65 b...

5 weeks ago - Invezz

Bullish completes MiCAR license uplift with Germany's BaFin for digital asset trading and custody services across the European Union

FRANKFURT, Germany , Sept. 5, 2025 /PRNewswire/ -- Bullish (NYSE:BLSH), an institutionally focused global digital asset platform that provides market infrastructure and information services, today ann...

5 weeks ago - PRNewsWire

Bullish to announce second quarter 2025 financial results and host inaugural earnings conference call

GEORGE TOWN, Cayman Islands , Sept. 4, 2025 /PRNewswire/ -- Bullish (NYSE: BLSH), an institutionally focused global digital asset platform that provides market infrastructure and information services,...

5 weeks ago - PRNewsWire