Bullish BLSH
- Market cap
- $6.0B
- P/E
- 0.0×
Follow BLSH
Target Price Range
Analyst price targets
Free account| 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| — | — | — | — | — | — | — | — | — | 34.25 |
Analyst estimates 2026–2028 Powerpack |
Low Price
|
||
| — | — | — | — | — | — | — | — | — | 118.00 |
High Price
|
|||
| — | — | — | — | — | — | — | — | 388 | 414 |
Employees
|
|||
| — | — | — | — | — | — | — | 0 | 645 | 592 |
Revenue/Emp
|
|||
| — | — | — | — | — | — | — | 116,508 | 250,263 | 244,970 |
Revenue
|
|||
| — | — | — | — | — | — | — | 0.08% | 0.06% | 0.10% |
Gross Margin
|
|||
| — | — | — | — | — | — | — | 1,301 | 85 | (786) |
EBT
|
|||
| — | — | — | — | — | — | — | 1.12% | 0.03% | (0.32%) |
EBT Margin
|
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| — | — | — | — | — | — | — | 1,300 | 80 | (785) |
Net Income
|
|||
| — | — | — | — | — | — | — | 5 | 9 | 7 |
Depreciation
|
|||
| — | — | — | — | — | — | — | 1,035.62 | 2,221.32 | 1,917.98 |
Revenue/Sh
|
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| — | — | — | — | — | — | — | 11.56 | 0.71 | (6.15) |
Earnings/Sh
|
|||
| — | — | — | — | — | — | — | (1.13) | (0.27) | 0.22 |
Cash Flow/Sh
|
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| — | — | — | — | — | — | — | (0.01) | (0.14) | (0.17) |
Capex/Sh
|
|||
| — | — | — | — | — | — | — | (1.13) | (0.40) | 0.06 |
Free CF/Sh
|
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| — | — | — | — | — | — | — | 11.40 | 21.31 | 25.82 |
Book Value/Sh
|
|||
| — | — | — | — | — | — | — | 113 | 113 | 128 |
Shares
|
|||
| — | — | — | — | — | — | — | 0.00 | 0.00 | 0.00 |
PE Ratio
|
|||
| — | — | — | — | — | — | — | 0.03 | 0.03 | 0.02 |
PS Ratio
|
|||
| — | — | — | — | — | — | — | 3.02 | 3.02 | 1.47 |
PB Ratio
|
|||
| — | — | — | — | — | — | — | 0.03 | 0.03 | 0.02 |
EV/Sales
|
|||
| — | — | — | — | — | — | — | 300.24 | 300.24 | 536.39 |
EV/FCF
|
|||
| — | — | — | — | — | — | — | (127) | (30) | 29 |
Op' Cash Flow
|
|||
| — | — | — | — | — | — | — | (1) | (16) | (21) |
Capex
|
|||
| — | — | — | — | — | — | — | (128) | (46) | 7 |
FCF
|
|||
| — | — | — | — | — | — | — | 1,668 | 2,827 | 3,674 |
Working Cap'
|
|||
| — | — | — | — | — | — | — | 429 | 528 | 561 |
Total Debt
|
|||
| — | — | — | — | — | — | — | 46 | 255 | (1,006) |
Net Debt
|
|||
| — | — | — | — | — | — | — | 1,282 | 2,401 | 3,298 |
Sh' Equity
|
|||
| — | — | — | — | — | — | — | 0.00% | 3.24% | (21.84%) |
ROA
|
|||
| — | — | — | — | — | — | — | 61.36% | 4.20% | (19.73%) |
ROIC
|
|||
| — | — | — | — | — | — | — | 0.00% | 4.26% | (26.84%) |
ROE
|
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Bullish peers in Software Infrastructure
| Company | Market cap | P/E | Compare |
|---|---|---|---|
| CORZ Core Scientific, Inc. | $5.9B | 0.0× | Compare |
| DOX Amdocs Limited | $6.2B | 13.7× | Compare |
| WEX WEX Inc. | $6.3B | 17.5× | Compare |
| QLYS Qualys, Inc. | $6.3B | 29.7× | Compare |
| Company | Market cap | P/E | Compare |
|---|---|---|---|
| VRNS Varonis Systems, Inc. | $5.5B | 0.0× | Compare |
| PATH UiPath, Inc. | $6.6B | 18.6× | Compare |
| BB BlackBerry Limited | $5.2B | 86.9× | Compare |
| DBX Dropbox, Inc. | $7.1B | 17.7× | Compare |
Bullish (BLSH) key facts
- Bullish (BLSH) is a Software Infrastructure company in the Technology sector, listed on the New York Stock Exchange.
- Bullish’s revenue for fiscal 2025 (year ended December 2025) was $245.0 billion, down 2.11% from fiscal 2024.
- As of September 25, 2026, BLSH traded at $37.58, a market capitalization of $6.0 billion.
- Return on equity was −26.8% and debt-to-equity 0.20.
Bullish (BLSH) Latest News
22 Sep
Clear Street raised Coinbase's price target to $224 from $204, keeping Buy, citing Coinbase’s filing with the CFTC to list cash-settled perpetual-style futures on 50–60 U.S. stocks (including AAPL, MSFT, NVDA, TSLA). The move could spur product launches and disrupt current market structure; perpetual futures on single stocks could come sooner than expected. Target implies about 11% upside from Monday’s close of $201; COIN rose roughly 0.8% in morning trading. Clear Street also raised Bullish (BLSH) target to $43 from $37, maintaining Buy, arguing that the CLARITY Act setback won’t slow crypto use and should speed tokenized-stock product development over two years. BLSH fell about 0.5% as Bitcoin hovered near $86,100. StockTwits sentiment around COIN improved; BLSH sentiment stayed bullish with high chatter. Tokenized-stock expansion and a raised BLSH target create a moderate upside signal, but broader crypto weakness caps gains.
17 Sep
Elemental Royalty introduces blockchain gold to redefine dividends for Bullish (BLSH). Blockchain gold dividends mark a major strategic innovation that can significantly reshape Bullish investor appeal and market trajectory.
14 Sep
Analyst states Bullish stock will succeed regardless of crypto law outcomes. Analyst view on regulatory resilience may lift Bullish investor sentiment without altering core operations.
9 Sep
AMC criticizes tokenized stocks while Kraken and Bullish invest significantly in them. Bullish advances tokenized stock strategy despite AMC criticism.
5 Sep
Cathie Wood buys shares in surging Bullish (BLSH) crypto stock despite recent controversy. Cathie Wood purchase signals investor interest that may lift BLSH sentiment and short-term trading without altering core operations.
28 Aug
Bullish provides $100 million to USD.AI for AI chip financing. Bullish commits $100 million in major strategic financing to USD.AI for AI chips.
26 Aug
Michael Saylor encounters fresh funding threat tied to MSCI-exit risk, creating direct pressure on Bullish (BLSH) liquidity and market positioning. MSCI-related funding risk introduces moderate short-term pressure on Bullish (BLSH) financing without confirmed long-term structural change.
19 Aug
Bullish (BLSH) has begun trading its own tokenized stock. Launching tokenized stock trading marks a major strategic expansion into blockchain securities.
17 Aug
Peter Thiel-backed Bullish identifies tokenized stocks as a giant growth opportunity previously overlooked. Tokenized stocks mark a major strategic focus likely to reshape Bullish growth trajectory and investor outlook.
13 Aug
Bullish (BLSH) highlighted tokenization milestones and early U.S. progress during its Q2 2026 earnings call. Tokenization milestone marks major strategic advance likely to shift company trajectory and investor sentiment.
Bullish reports $280M Q2 net loss as digital asset sales fall 44%. Q2 net loss of $280M combined with 44% sales drop signals major financial pressure that can shift company trajectory and investor sentiment.
Bullish (BLSH) released Q2 2026 earnings call transcript covering financial results and business outlook. Earnings call delivers quarterly updates and guidance with moderate influence on near-term stock sentiment.
Bullish (BLSH) presented Q2 2026 financial results and business outlook during its earnings call. Quarterly earnings updates typically produce moderate short-term effects on valuation and sentiment.
Bullish (BLSH) presented highlights from its Q2 earnings call. Q2 earnings highlights can moderately shift BLSH investor sentiment and near-term performance.
Bullish (BLSH) stock surges despite reporting a $280 million loss, with backing from Peter Thiel. Large reported loss offset by stock surge signals mixed effects on future performance and sentiment.
Bullish exceeded revenue estimates but reported deeper losses amid the cryptocurrency market downturn. Revenue beat offset by widening losses signals moderate effects on performance amid ongoing market weakness.
Bullish (BLSH) Q2 earnings and revenues surpassed analyst estimates. Q2 earnings and revenue beats signal stronger quarterly results than forecasted potentially supporting near-term stock gains.
11 Aug
Bullish (BLSH), backed by Peter Thiel, faces a Q2 reality check ahead of earnings. Pre-earnings scrutiny on Bullish may moderately sway investor sentiment and near-term performance.
8 Aug
Bullish (BLSH) investors should mark August 13 as a key date for upcoming company events or announcements. August 13 represents a scheduled event likely to affect short-term trading and sentiment around Bullish shares.
31 Jul
Equiniti CEO Dan Kramer discusses trillion dollar tokenization opportunity live at Nasdaq, underscoring blockchain asset opportunities relevant to Bullish (BLSH). Public tokenization commentary from a major service provider at Nasdaq points to substantial blockchain adoption that can directly expand Bullish market reach.
4 Jul
Bullish (BLSH) gains Gibraltar approval for tokenized securities yet stock valuation remains stretched. Gibraltar tokenized securities approval offers regulatory progress but leaves core valuation issues unaddressed.
3 Jul
Bullish (BLSH) wins Gibraltar approval for regulated tokenized securities trading. Gibraltar approval enables Bullish regulated tokenized securities trading expansion.
29 Jun
Bullish gains Gibraltar regulatory approval to launch tokenized securities trading, marking the first such regulated platform. Regulatory clearance opens tokenized securities trading for Bullish, materially expanding its product scope and competitive reach.
Bullish gains Gibraltar regulatory approval to launch tokenized securities trading as the first regulated platform for such activity. Regulatory clearance opens regulated tokenized securities trading for Bullish, likely driving major growth in operations and investor sentiment.
27 May
Wall Street bank forecasts $1 trillion boom after IPOs including Bullish (BLSH). Bank prediction of $1 trillion post-IPO boom signals major positive shift for Bullish market trajectory.
26 May
Cathie Wood sells AMD and TSMC holdings and buys Bullish (BLSH) shares instead. Cathie Wood buying Bullish shares may boost short-term market sentiment for the stock.
25 May
Cathie Wood doubles ARK stake in Peter Thiel's Bullish (BLSH). ARK sells Taiwan Semiconductor shares amid price spike. Cathie Wood doubling ARK position signals major investor support that can shift BLSH trajectory and sentiment.
22 May
Cathie Wood’s Ark Invest has acquired a substantial position in Bullish (BLSH) stock. ARK Invest's large purchase lifts short-term sentiment and visibility for Bullish without altering fundamentals.
21 May
Blockchain.com filed confidentially for a US public offering. Confidential US public offering filing represents major strategic capital raise that can shift valuation and investor access for Bullish.
Blockchain.com confidentially filed for an IPO as crypto listings regain momentum. Blockchain.com IPO filing signals broader crypto sector momentum that can lift Bullish sentiment and performance.