Bullish (NYSE:BLSH) Receives Average Recommendation of “Hold” from Brokerages

Posted by Brenda Bartman on Aug 6th, 2026

Bullish (NYSE:BLSH – Get Free Report) has earned an average recommendation of “Hold” from the thirteen research firms that are currently covering the firm, MarketBeat reports. Two analysts have rated the stock with a sell recommendation, seven have assigned a hold recommendation and four have given a buy recommendation to the company. The average 1-year target price among brokerages that have issued a report on the stock in the last year is $50.6667.

BLSH has been the subject of a number of recent analyst reports. Wall Street Zen raised shares of Bullish from a “sell” rating to a “hold” rating in a research note on Monday. Zacks Research downgraded shares of Bullish from a “hold” rating to a “strong sell” rating in a research note on Monday, July 13th. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating and set a $61.00 price objective on shares of Bullish in a report on Friday, May 15th. Cantor Fitzgerald boosted their price objective on shares of Bullish from $39.00 to $43.00 and gave the company an “overweight” rating in a research report on Friday, May 15th. Finally, Weiss Ratings restated a “sell (d)” rating on shares of Bullish in a research note on Wednesday, June 24th.

Read Our Latest Report on BLSH

Insider Activity

In related news, CEO Thomas W. Farley sold 80,000 shares of the stock in a transaction that occurred 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 transaction, the chief executive officer owned 80,000 shares of the company’s stock, valued at $3,516,000. This represents a 50.00% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website.

Institutional Investors Weigh In On Bullish

Hedge funds have recently made changes to their positions in the company. Stephens Investment Management Group LLC lifted its position in shares of Bullish by 99.7% during the fourth quarter. Stephens Investment Management Group LLC now owns 850,248 shares of the company’s stock valued at $32,199,000 after buying an additional 424,523 shares during the last quarter. Harvest Portfolios Group Inc. bought a new position in shares of Bullish during the 4th quarter worth approximately $1,990,000. Intrinsic Edge Capital Management LLC bought a new position in shares of Bullish during the 1st quarter worth approximately $7,830,000. Sumitomo Mitsui Trust Group Inc. lifted its position in Bullish by 51.6% during the first quarter. Sumitomo Mitsui Trust Group Inc. now owns 3,833,886 shares of the company’s stock valued at $136,985,000 after acquiring an additional 1,304,573 shares during the last quarter. Finally, Galaxy Digital Inc. acquired a new stake in Bullish in the first quarter valued at approximately $22,331,000.

Bullish Trading Down 0.1%

Shares of NYSE BLSH opened at $23.77 on Thursday. Bullish has a fifty-two week low of $20.55 and a fifty-two week high of $118.00. The company has a debt-to-equity ratio of 0.18, a quick ratio of 25.23 and a current ratio of 26.42. The company has a market cap of $3.59 billion and a price-to-earnings ratio of -3.63. The business’s 50 day moving average price is $25.39 and its 200-day moving average price is $32.47.

Bullish (NYSE:BLSH – Get Free Report) last announced its quarterly earnings data on Thursday, May 14th. The company reported $0.13 EPS for the quarter, missing the consensus estimate of $0.17 by ($0.04). Bullish had a negative net margin of 314.40% and a positive return on equity of 1.82%. The business had revenue of $92.83 million during the quarter. The business’s quarterly revenue was up 48.8% on a year-over-year basis. On average, sell-side analysts expect that Bullish will post 0.54 earnings per share for the current year.

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.