Bullish (NYSE:BLSH) Given Consensus Recommendation of “Hold” by Analysts

Posted by Brian Himes on May 23rd, 2026

Shares of Bullish (NYSE:BLSH – Get Free Report) have received an average recommendation of “Hold” from the thirteen ratings firms that are currently covering the stock, Marketbeat Ratings reports. One analyst has rated the stock with a sell rating, eight have assigned a hold rating and four have assigned a buy rating to the company. The average 1-year target price among brokers that have updated their coverage on the stock in the last year is $51.9167.

A number of equities research analysts have recently issued reports on the stock. Rosenblatt Securities boosted their price target on shares of Bullish from $39.00 to $45.00 and gave the company a “neutral” rating in a report on Wednesday, May 13th. JPMorgan Chase & Co. cut their price target on shares of Bullish from $42.00 to $41.00 and set a “neutral” rating on the stock in a report on Friday, February 6th. Cantor Fitzgerald raised their target price on Bullish from $39.00 to $43.00 and gave the stock an “overweight” rating in a research report on Friday, May 15th. Weiss Ratings reaffirmed a “sell (d)” rating on shares of Bullish in a research report on Friday, March 27th. Finally, Wall Street Zen raised Bullish from a “sell” rating to a “hold” rating in a research report on Monday, February 23rd.

Read Our Latest Research Report on BLSH

Bullish Stock Performance

BLSH opened at $35.21 on Friday. The firm has a market cap of $5.31 billion and a PE ratio of -5.38. The company has a quick ratio of 25.23, a current ratio of 26.42 and a debt-to-equity ratio of 0.18. The business has a fifty day simple moving average of $38.89 and a 200-day simple moving average of $38.59. Bullish has a fifty-two week low of $24.79 and a fifty-two week high of $118.00.

Bullish (NYSE:BLSH – Get Free Report) last released its quarterly earnings data on Thursday, May 14th. The company reported $0.13 earnings per share for the quarter, missing the consensus estimate of $0.17 by ($0.04). The company had revenue of $92.83 million for the quarter. Bullish had a positive return on equity of 1.82% and a negative net margin of 314.40%.Bullish’s revenue for the quarter was up 48.8% compared to the same quarter last year. As a group, equities analysts predict that Bullish will post 0.72 EPS for the current fiscal year.

Insider Activity at Bullish

In other news, CEO Thomas W. Farley sold 80,000 shares of the firm’s stock in a transaction on Monday, May 11th. The stock was sold at an average price of $43.95, for a total value of $3,516,000.00. Following the completion of the sale, the chief executive officer owned 80,000 shares of the company’s stock, valued at $3,516,000. This trade represents a 50.00% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at this link.

Institutional Trading of Bullish

Hedge funds and other institutional investors have recently modified their holdings of the business. Essential Partners LLC acquired a new stake in Bullish during the first quarter valued at $27,000. J. Derek Lewis & Associates Inc. boosted its position in Bullish by 59.1% during the first quarter. J. Derek Lewis & Associates Inc. now owns 14,000 shares of the company’s stock valued at $500,000 after purchasing an additional 5,200 shares during the last quarter. Bank of America Corp DE boosted its position in Bullish by 145.0% during the first quarter. Bank of America Corp DE now owns 113,508 shares of the company’s stock valued at $4,056,000 after purchasing an additional 67,173 shares during the last quarter. Intrinsic Edge Capital Management LLC acquired a new stake in Bullish during the first quarter valued at $7,830,000. Finally, Quantinno Capital Management LP acquired a new stake in Bullish during the first quarter valued at $2,457,000.

Key Headlines Impacting Bullish

Here are the key news stories impacting Bullish this week:

Positive Sentiment: Ark Invest continued to add to its Bullish position, buying millions of dollars’ worth of shares and signaling strong conviction in the crypto platform’s long-term potential. Cathie Wood’s Ark Invest Loads Up On Bullish Stock
Positive Sentiment: Another report said Ark purchased $5.14 million in Bullish shares while trimming Taiwan Semiconductor, reinforcing that BLSH remains a priority holding for the fund. ARK Invest Accumulates Bullish (BLSH) Stock While Reducing TSMC Holdings
Neutral Sentiment: Coverage focused on the stock’s recent sharp two-week decline, suggesting that even with Ark’s buying, investors are still weighing execution and sentiment risks around the name. BLSH Shares Face a Sharp Two Week Drop as Cathie Wood Aggressively Pumps In Millions
Neutral Sentiment: Other articles in the feed were about unrelated companies and analyst actions, so they are unlikely to have a direct impact on Bullish’s stock.

Bullish Company Profile

(Get Free Report)

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.