Bullish (BLSH) Stock Overview
Provides market infrastructure and information services in United States. More details
| Snowflake Score | |
|---|---|
| Valuation | 2/6 |
| Future Growth | 3/6 |
| Past Performance | 0/6 |
| Financial Health | 5/6 |
| Dividends | 0/6 |
Rewards
Risk Analysis
No risks detected for BLSH from our risk checks.
BLSH Community Fair Values
Create NarrativeSee what 16 others think this stock is worth. Follow their fair value or set your own to get alerts.
Bullish Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | US$61.83 |
| 52 Week High | US$118.00 |
| 52 Week Low | US$47.88 |
| Beta | 0 |
| 1 Month Change | -6.43% |
| 3 Month Change | n/a |
| 1 Year Change | n/a |
| 3 Year Change | n/a |
| 5 Year Change | n/a |
| Change since IPO | -9.07% |
Recent News & Updates
Shareholder Returns
| BLSH | US Capital Markets | US Market | |
|---|---|---|---|
| 7D | -5.8% | -1.3% | 0.3% |
| 1Y | n/a | 29.3% | 17.4% |
Return vs Industry: Insufficient data to determine how BLSH performed against the US Capital Markets industry.
Return vs Market: Insufficient data to determine how BLSH performed against the US Market.
Price Volatility
| BLSH volatility | |
|---|---|
| BLSH Average Weekly Movement | n/a |
| Capital Markets Industry Average Movement | 3.7% |
| Market Average Movement | 6.5% |
| 10% most volatile stocks in US Market | 17.1% |
| 10% least volatile stocks in US Market | 3.0% |
Stable Share Price: Data is not available.
Volatility Over Time: Insufficient data to determine BLSH's volatility change over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 2020 | 400 | Tom Farley | www.Bullish.com |
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, a comprehensive suite of digital assets market data and analytics, providing real-time insights into prices, trends, and market dynamics; and CoinDesk Insights, operates Coindesk.com, a leading digital media platform that covers news and insights about digital assets, the underlying markets, policy, and blockchain technology.
Bullish Fundamentals Summary
| BLSH fundamental statistics | |
|---|---|
| Market cap | US$9.88b |
| Earnings (TTM) | -US$146.18m |
| Revenue (TTM) | US$259.16b |
Is BLSH overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| BLSH income statement (TTM) | |
|---|---|
| Revenue | US$259.16b |
| Cost of Revenue | US$259.00b |
| Gross Profit | US$166.61m |
| Other Expenses | US$312.79m |
| Earnings | -US$146.18m |
Last Reported Earnings
Jun 30, 2025
Next Earnings Date
n/a
| Earnings per share (EPS) | -1.00 |
| Gross Margin | 0.064% |
| Net Profit Margin | -0.056% |
| Debt/Equity Ratio | 24.5% |
How did BLSH perform over the long term?
See historical performance and comparisonCompany Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/09/25 21:35 |
| End of Day Share Price | 2025/09/25 00:00 |
| Earnings | 2025/06/30 |
| Annual Earnings | 2024/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
|
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
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* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
Bullish is covered by 11 analysts. 10 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Joseph Vafi | Canaccord Genuity |
| Brett Knoblauch | Cantor Fitzgerald & Co. |
| Peter Christiansen | Citigroup Inc |