Bullish (BLSH) Stock
BLSH
36.51
Fundamentals
Market cap
$5.70B
Price / Earnings ratio
-4.4x
Price / Sales ratio
0.0x
Price / Book ratio
2.5x
Return on assets
-27.0%
Ex-Dividend date
N/A
Last payment date
N/A
Dividend amount
$0.00
Dividend yield
0.00%
Debt / Equity ratio
N/A
Recent news

Zacks Investment Research
Do Options Traders Know Something About Bullish Stock We Don't?
NeutralBLSHAugust 18, 2026
Zacks Investment ResearchNeutral
Do Options Traders Know Something About Bullish Stock We Don't?
BLSH

MarketBeat
Bullish Q2 Earnings Call Highlights
NeutralBLSHAugust 13, 2026
MarketBeatNeutral
Bullish Q2 Earnings Call Highlights
BLSH

CNBC Television
Bullish CEO Tom Farley explains why he favors Clarity Act
NeutralBLSHAugust 13, 2026
CNBC TelevisionNeutral
Bullish CEO Tom Farley explains why he favors Clarity Act
BLSH

Zacks Investment Research
Bullish (BLSH) Q2 Earnings and Revenues Top Estimates
NeutralBLSHAugust 13, 2026
Zacks Investment ResearchNeutral
Bullish (BLSH) Q2 Earnings and Revenues Top Estimates
BLSH
Technicals
OscillatorsSell5 Indicators
Moving AveragesStrong Buy12 Indicators
Analyst Ratings
Strong Sell0
Sell0
Neutral2
Buy2
Strong Buy0
Financials
Performance
Revenue
Net income
Net margin %
2025
294B194B97B0
Debt & Balance Sheet
Total assets
Total liabilities
2025
5B3B2B0
Revenue to Profit
2025$245.0B
Revenue$0.0
Cost of revenue$0.0
Gross profit$0.0
Operating expenses$-806.3M
Net incomeEarnings
EPS forecast
Actual EPS
$0.93
Q2FY25
$0.10
$0.09
Q3FY25
$0.15
Q4FY25
$0.45
Q1FY26
$0.19
Q2FY26
The market is expecting earnings per share of $0.19 for this quarter. The company has not yet shared when it is announcing earnings.
% positive news of 10 articles
published over the past 14 days
Latest news

Zacks Investment Research
Do Options Traders Know Something About Bullish Stock We Don't?
NeutralBLSHAugust 18, 2026
Zacks Investment ResearchNeutral
Do Options Traders Know Something About Bullish Stock We Don't?
BLSH

MarketBeat
Bullish Q2 Earnings Call Highlights
NeutralBLSHAugust 13, 2026
MarketBeatNeutral
Bullish Q2 Earnings Call Highlights
BLSH

CNBC Television
Bullish CEO Tom Farley explains why he favors Clarity Act
NeutralBLSHAugust 13, 2026
CNBC TelevisionNeutral
Bullish CEO Tom Farley explains why he favors Clarity Act
BLSH

Zacks Investment Research
Bullish (BLSH) Q2 Earnings and Revenues Top Estimates
NeutralBLSHAugust 13, 2026
Zacks Investment ResearchNeutral
Bullish (BLSH) Q2 Earnings and Revenues Top Estimates
BLSH

Zacks Investment Research
Bullish (BLSH) Earnings Expected to Grow: Should You Buy?
NeutralBLSHAugust 6, 2026
Zacks Investment ResearchNeutral
Bullish (BLSH) Earnings Expected to Grow: Should You Buy?
BLSH

Stocktwits
ARK Invest Buys $6.7 Million Of CRCL Stock, Adds CoreWeave And Solana ETF, Sells Shopify
NeutralBLSHAugust 1, 2026
StocktwitsNeutral
ARK Invest Buys $6.7 Million Of CRCL Stock, Adds CoreWeave And Solana ETF, Sells Shopify
BLSH

Stocktwits
Why Are CRCL, COIN Stocks Rising Pre-Market Despite Bitcoin ’s Dip, Price Target Cuts?
NeutralBLSHJuly 24, 2026
StocktwitsNeutral
Why Are CRCL, COIN Stocks Rising Pre-Market Despite Bitcoin’s Dip, Price Target Cuts?
BLSH

Zacks Investment Research
New Strong Sell Stocks for July 24th
NeutralBLSHJuly 24, 2026
Zacks Investment ResearchNeutral
New Strong Sell Stocks for July 24th
BLSH

The Street
6 High‑Risk Stocks That Could Be Big Winners
NeutralBLSHJuly 23, 2026
The StreetNeutral
6 High‑Risk Stocks That Could Be Big Winners
BLSH

Schwab Network
The Big 3: MA, VLO, BLSH
NeutralBLSHJuly 8, 2026
Schwab NetworkNeutral
The Big 3: MA, VLO, BLSH
BLSH
About Bullish
Bullish is an institutionally focused global digital asset platform providing market infrastructure and information services under the “Bullish” and “CoinDesk” brands. The platform combines spot and derivatives trading, robust liquidity services, and a blockchain-based, compliance-first infrastructure
SectorTechnology
IndustrySoftware - Infrastructure
Employees394
CEOMr. Thomas W. Farley
IPO DateAug 13, 2025
HeadquartersGeorge Town, Cayman Islands
Key Executives
| Name | Title | Year Born |
|---|---|---|
| Mr. Thomas W. Farley | CEO & Chairman | 1976 |
| Mr. David Whalen Bonanno | Chief Financial Officer | 1981 |
| Mr. George Gaffney | Chief Operating Officer | — |
| Jose A. Torres | Chief Accounting Officer | — |
| Mr. Mothusi Majinda | Chief Technology Officer | — |
| Mr. Nicholas Armstrong | General Counsel | — |
| Liam Foley | Director of Corporate Development | — |
| Mr. James Mendes | Chief People Officer | — |
| Mr. Chris Tyrer | President of Bullish Exchange | — |
| Mr. Jay Yarow | President of CoinDesk Media & Events | — |
Fundamentals
Valuation
Market cap$5.70B
Price-to-sales ratio0.03
Price-to-book value2.49
Price-earnings ratio-4.40
Return on Equity-33.00%
Return on Sales0.00%
Return on Assets-27.00%
PEG ratioN/A
Earnings Per Share
Earnings Per Share$-9.66
Income Statement
Average volume1,636,345
EBITDA$-941.69M
1 year high (52w)$70.50
1 year low (52w)$20.55
Dividend
Ex dividend dateN/A
Dividend amount$0.00
Dividend yield0.00%
Last payment dateN/A
Dividend yield (TTM)N/A
Next earnings reportN/A
Solvency
Debt-to-equity ratioN/A
Technicals
OscillatorsSell5 Indicators
Moving AveragesStrong Buy12 Indicators
What the experts say
4 Wall Street Analyst Ratings
HOLD
50% Buy
50% Hold
0% Sell
Target price
$37.75
Est return
0.45%
Seasonality
Monthly price change (%)| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2025 | -13.2 | +2.5 | -16.8 | -13.2 | -7.7 | |||||||
| 2026 | -23.1 | +9.1 | +5.7 | +7.6 | -11.2 | -27.1 | -13.6 | +48.4 | +13.7 |



