BLSH Stock: Price, Forecast, Financials & AI Analysis

High

Open

VWAP

Vol

Mkt Cap

Low

Amount

EV/EBITDA(TTM)

Total Shares

EV/OCF(TTM)

P/S(TTM)

13 Analyst Rating

Wall Street analysts forecast BLSH stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for BLSH is 58.55 USD with a low forecast of 45.00 USD and a high forecast of 77.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.

6 Buy

7 Hold

0 Sell

Moderate Buy

Current: 42.430

Low

45.00

Averages

58.55

High

77.00

Current: 42.430

Low

45.00

Averages

58.55

High

77.00

Canaccord

Buy

downgrade

$68 -> $50

2025-11-24

Reason

Canaccord

Price Target

$68 -> $50

2025-11-24

downgrade

Buy

Reason

Canaccord lowered the firm's price target on Bullish to $50 from $68 and keeps a Buy rating on the shares. The firm said they remain quite buullish on Bullish as they made stellar progress again in Q3 in terms of business model expansion and innovative strategies around TAM expansion, all while delivering stellar margins. Canaccord continues to believe its forward estimates are conservative, as they have built in very little to transaction volumes coming from the launch of the US business and options trading.

Clear Street

Buy

maintain

$57

2025-11-20

Reason

Clear Street

Price Target

$57

2025-11-20

maintain

Buy

Reason

Clear Street recommends buying the post-earnings selloff in shares of Bullish. The shares sold off on weaker crypto prices and the Q4 revenue guidance, the analyst tells investors in a research note. However, Clear views the results as "mis-characterized," saying Bullish's fundamentals have improved on market share gains in spot trading and continued blockchain adoption. It keeps a Buy rating on the shares with a $57 price target.

JPMorgan

Neutral

downgrade

$46 -> $45

2025-11-20

Reason

JPMorgan

Price Target

$46 -> $45

2025-11-20

downgrade

Neutral

Reason

JPMorgan lowered the firm's price target on Bullish to $45 from $46 and keeps a Neutral rating on the shares. Q3 results were solid as liquidity services growth was strong and the transaction business is expected to improve in Q4, the analyst tells investors in a research note. The firm added it lowered is price target on the shares to better account for interest income on stablecoins.

Deutsche Bank

Hold

Buy

upgrade

2025-11-19

Reason

Deutsche Bank

Price Target

2025-11-19

upgrade

Hold

Buy

Reason

Deutsche Bank upgraded Bullish to Buy from Hold.

Deutsche Bank

Hold

Buy

upgrade

$52 -> $51

2025-11-19

Reason

Deutsche Bank

Price Target

$52 -> $51

2025-11-19

upgrade

Hold

Buy

Reason

Deutsche Bank upgraded Bullish to Buy from Hold with a price target of $51, down from $52, following the company's Q3 earnings report. After contracting over 50% from a peak in mid-August and with the shares now 5% below the August IPO price, the firm sees the stock "offering a more compelling risk/return profile" and it sees the company remaining on its planned growth trajectory consistent with its communication post the IPO process, the analyst tells investors.

JPMorgan

Kenneth Worthington

Neutral

downgrade

$63 -> $46

2025-11-18

Reason

JPMorgan

Kenneth Worthington

Price Target

$63 -> $46

2025-11-18

downgrade

Neutral

Reason

JPMorgan analyst Kenneth Worthington lowered the firm's price target on Bullish to $46 from $63 and keeps a Neutral rating on the shares. The firm updated the company's model ahead of the Q3 report, marking to market the price target to reflect peer multiples.

Valuation Metrics

The current forward P/E ratio for Bullish (BLSH.N) is 65.03, compared to its 5-year average forward P/E of 81.80. For a more detailed relative valuation and DCF analysis to assess Bullish 's fair value, click here.

Forward PE

The forward P/E ratio is a valuation metric that divides a company's current stock price by its estimated future earnings per share over the next 12 months.

5Y Average PE

81.80

Current PE

65.03

Overvalued PE

102.39

Undervalued PE

61.20

Forward EV/EBITDA

The forward EV/EBITDA ratio is a valuation metric that divides a company's enterprise value (EV) by its estimated future earnings before interest, taxes, depreciation, and amortization (EBITDA) over the next 12 months.

5Y Average EV/EBITDA

61.45

Current EV/EBITDA

44.28

Overvalued EV/EBITDA

80.69

Undervalued EV/EBITDA

42.20

Forward PS

The forward P/S ratio is a valuation metric that divides a company's current stock price by its estimated future sales (or revenue) per share over the next 12 months.

5Y Average PS

23.37

Current PS

18.19

Overvalued PS

29.72

Undervalued PS

17.02

Financials

Annual

Quarterly

N/A

Total Revenue

N/A

Operating Profit

N/A

Net Income after Tax

N/A

EPS - Diluted

N/A

Free Cash Flow

N/A

Gross Profit Margin - %

N/A

FCF Margin - %

N/A

Net Margin - %

Trading Trends

Insider

Insiders are Neutral. There are no significant trading trends over the last month.

Sold

Bought

Hedge Fund

Hedge Funds are Neutral. There are no significant trading trends over the last quarter.

Sold

Bought

Congress Trading

Congress are Neutral. There are no significant trading trends over the last month.

Sold

Bought

Insider

Insiders are Neutral. There are no significant trading trends over the last month.

Sold

Bought

BLSH News & Events

Events Timeline

No data

News

8.5

13:12 PMNewsfilter

NYSE Welcomes Largest Transfer in History as AstraZeneca Announces Listing

2.0

12-13Globenewswire

KBW Announces Q4 2025 Index Rebalancing with Changes Across Six Indices

8.5

12-13Newsfilter

KBW Announces Q4 2025 Index Rebalancing with Changes Across Six Indices

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Frequently Asked Questions

What is Bullish (BLSH) stock price today?

The current price of BLSH is 42.43 USD — it has decreased -2.55 % in the last trading day.

What is Bullish (BLSH)'s business?

Bullish is an institutionally focused global digital asset platform focused on providing market infrastructure and information services. The Company is focused on providing products and services that are designed to help institutions grow their businesses, empower individual investors, and drive the adoption of stablecoins, digital assets, and blockchain technology. It operates two primary business lines: media and events. Its media business delivers news and information on the digital assets industry. Its media business operates through CoinDesk.com. Its events business gathers the global digital asset, blockchain, and Web3 communities at annual events, such as Consensus. It provides trusted insights, authoritative news, data, indices and transparent analysis to the digital assets industry while facilitating partnerships, investment opportunities, and community engagement through its flagship Consensus conference. The Company offers its services under the Bullish and CoinDesk brands.

What is the price predicton of BLSH Stock?

What is Bullish (BLSH)'s revenue for the last quarter?

Bullish revenue for the last quarter amounts to 41.60B USD, decreased -23.24 % YoY.

What is Bullish (BLSH)'s earnings per share (EPS) for the last quarter?

Bullish. EPS for the last quarter amounts to 0.14 USD, decreased -131.11 % YoY.

What changes have occurred in the market's expectations for Bullish (BLSH)'s fundamentals?

The market is revising Upward the revenue expectations for Bullish (BLSH) for FY2025, with the revenue forecasts being adjusted by 17.78% over the past three months. During the same period, the stock price has changed by -16.93%.

How many employees does Bullish (BLSH). have?

Bullish (BLSH) has 388 emplpoyees as of December 15 2025.

What is Bullish (BLSH) market cap?

Today BLSH has the market capitalization of 6.36B USD.