Bullish (BLSH)

NYSE: BLSH · Real-Time Price · USD

46.45

-1.97 (-4.07%)

At close: Dec 5, 2025, 4:00 PM EST

46.45

0.00 (0.00%)

After-hours: Dec 5, 2025, 7:59 PM EST

-4.07% (1D)

Market Cap	7.00B
Revenue (ttm)	198.80M
Net Income (ttm)	-61.05M
Shares Out	150.68M
EPS (ttm)	-0.52
PE Ratio	n/a
Forward PE	69.31
Dividend	n/a
Ex-Dividend Date	n/a

Volume	1,677,586
Open	48.00
Previous Close	48.42
Day's Range	46.45 - 48.00
52-Week Range	34.25 - 118.00
Beta	n/a
Analysts	Buy
Price Target	54.18 (+16.64%)
Earnings Date	Nov 19, 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]

Industry Software - Infrastructure

Sector Technology

IPO Date Aug 13, 2025

Employees 400

Stock Exchange NYSE

Ticker Symbol BLSH

Website https://www.Bullish.com

Full Company Profile

Financial Performance

In 2024, Bullish's revenue was $158.48 million, an increase of 79.51% compared to the previous year's $88.28 million. Earnings were $78.53 million, a decrease of -93.96%.

Financial Statements

Analyst Forecast

According to 12 analysts, the average rating for BLSH stock is "Buy." The 12-month stock price target is $54.18, which is an increase of 16.64% from the latest price.

Price Target

$54.18

(16.64% upside)

Analyst Consensus: Buy

Stock Forecasts

News

Bullish releases November 2025 monthly metrics

CAYMAN ISLANDS--(BUSINESS WIRE)--Bullish (NYSE: BLSH), an institutionally focused global digital asset platform that provides market infrastructure and information services, released its monthly metri...

1 day ago - Business Wire

Bitcoin's volatility is 'here for a long time,' says former NYSE President Farley

Tom Farley, Bullish CEO and former NYSE president, joins CNBC's 'Squawk on the Street' to discuss Bitcoin's volatility, crypto's security and more.

3 days ago - CNBC Television

BLSH CEO Tom Farley on Earnings and Bitcoin Outlook

Bullish (BLSH) CEO Tom Farley joins Diane King Hall to discuss the company's growth, the recent decline in Bitcoin, and its plans to expand its operation into the U.S. Farley discusses the launching o...

3 days ago - Schwab Network

Bullish appoints Jay Yarow, former CNBC Digital Executive Editor, as President, CoinDesk Insights

CAYMAN ISLANDS--(BUSINESS WIRE)--Bullish, an institutionally focused global digital asset platform that provides market infrastructure and information services, is pleased to announce the appointment ...

4 days ago - Business Wire

Bullish: An Exchange Growing Faster Than The Market Notices

Bullish is a rapidly growing cryptocurrency exchange, rated Buy with a $57 price target, implying 39% upside over 12 months. BLSH posted strong FQ3 2025 results, with 80% revenue growth, new product l...

8 days ago - Seeking Alpha

Stablecoin surge signals growing volatility fear in crypto market

CNBC's MacKenzie Sigalos reports the share of stablecoins in crypto's total market cap has climbed to a two-year high, as investors seek shelter from volatility despite bitcoin's rebound and renewed E...

Other symbols: BITF BMNR COIN ETOR HOOD HUT IBIT

11 days ago - CNBC Television

Bullish (BLSH) Q3 2025 Earnings Call Transcript

Bullish ( BLSH) Q3 2025 Earnings Call November 19, 2025 8:30 AM EST Company Participants Michael Fedele - Vice President of Finance Thomas Farley - CEO & Chairman David Bonanno - Chief Financial Offi...

16 days ago - Seeking Alpha

Bullish Reports Third Quarter 2025 Results

16 days ago - Business Wire

CoinDesk and SALT Partner to Establish the World's Premier Institutional Crypto Gathering

Consensus SALT Hong Kong Institutional Summit set for February 10, 2026, uniting world's leading asset managers and capital allocators HONG KONG and NEW YORK , Nov. 11, 2025 /PRNewswire/ -- CoinDesk ,...

24 days ago - PRNewsWire

Bullish releases October 2025 monthly metrics

4 weeks ago - Business Wire

Cathie Wood Just Sold Palantir and Bought $12 Million of This Peter Thiel-Backed Crypto Exchange

Cathie Wood's Ark Invest recently sold shares of Palantir and bought shares of Bullish. Ark unloaded Palantir shares ahead of the AI company's third-quarter earnings release.

4 weeks ago - The Motley Fool

Bullish Selects GenieAI as Portfolio and Risk Analytics Provider for Professional Trader Competition

BOSTON, Nov. 05, 2025 (GLOBE NEWSWIRE) -- GenieAI , a leading AI-powered portfolio and risk management platform for digital asset managers, has been selected by Bullish (NYSE: BLSH), an institutionall...

4 weeks ago - GlobeNewsWire

Bullish to announce third quarter 2025 financial results

4 weeks ago - Business Wire

Bullish On The Future Of Crypto

Bullish (BLSH) is a digital asset platform targeting institutional investors, recently approved for US trading and expanding into derivatives. BLSH's revenue diversification through CoinDesk subscript...

5 weeks ago - Seeking Alpha

Tradr Debuts Leveraged ETFs on BLSH, DASH, FLY, IREN, NEM, OPEN, QS, SRPT & WULF

Funds seek to provide 200% long exposure on a variety of industry leaders NEW YORK , Oct. 23, 2025 /PRNewswire/ -- Tradr ETFs, a provider of ETFs designed for sophisticated investors and professional ...

Other symbols: DASH FLY IREN NEM OPEN QS SRPT

6 weeks ago - PRNewsWire

These 2 Cryptocurrency Stocks Are Riding Bitcoin's Record Highs

This October has been good for cryptocurrencies so far. As I write this (Oct. 8), Bitcoin (CRYPTO: BTC) has gained 7% since the start of the month and 10% in the past 30 days.

Other symbols: MARA

7 weeks ago - The Motley Fool