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BullishNYSE:BLSH Stock Report

Market Cap US$7.9b
Share Price
US$49.01
My Fair Value
US$45
8.9% overvalued intrinsic discount
1Yn/a
7D-23.9%
Portfolio Value
View

Bullish

NYSE:BLSH Stock Report

Market Cap: US$7.9b

Bullish (BLSH) Stock Overview

Provides market infrastructure and information services in United States. More details

BLSH fundamental analysis
Snowflake Score
Valuation2/6
Future Growth0/6
Past Performance0/6
Financial Health5/6
Dividends0/6

Risk Analysis


BLSH Community Fair Values

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Bullish Competitors

Price History & Performance

Summary of share price highs, lows and changes for Bullish
Historical stock prices
Current Share PriceUS$49.01
52 Week HighUS$118.00
52 Week LowUS$48.29
Beta0
1 Month Changen/a
3 Month Changen/a
1 Year Changen/a
3 Year Changen/a
5 Year Changen/a
Change since IPO-27.93%

Recent News & Updates

Bullish: No Bearish Case Here

Aug 14

Recent updates

Bullish: No Bearish Case Here

Aug 14

Shareholder Returns

BLSHUS Capital MarketsUS Market
7D-23.9%-0.7%-0.008%
1Yn/a34.5%19.5%

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

Is BLSH's price volatile compared to industry and market?
BLSH volatility
BLSH Average Weekly Movementn/a
Capital Markets Industry Average Movement3.5%
Market Average Movement6.4%
10% most volatile stocks in US Market17.0%
10% least volatile stocks in US Market3.0%

Stable Share Price: BLSH's share price has been volatile over the past 3 months compared to the US market.

Volatility Over Time: Insufficient data to determine BLSH's volatility change over the past year.

About the Company

FoundedEmployeesCEOWebsite
2020400Tom Farleywww.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

How do Bullish's earnings and revenue compare to its market cap?
BLSH fundamental statistics
Market capUS$7.93b
Earnings (TTM)-US$369.04m
Revenue (TTM)US$250.11b
0.0x
P/S Ratio
-19.4x
P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
BLSH income statement (TTM)
RevenueUS$250.11b
Cost of RevenueUS$249.94b
Gross ProfitUS$166.93m
Other ExpensesUS$535.97m
Earnings-US$369.04m

Last Reported Earnings

Mar 31, 2025

Next Earnings Date

n/a

Earnings per share (EPS)-2.52
Gross Margin0.067%
Net Profit Margin-0.15%
Debt/Equity Ratio32.4%

How did BLSH perform over the long term?

See historical performance and comparison

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/09/04 16:20
End of Day Share Price 2025/09/04 00:00
Earnings2025/03/31
Annual Earnings2024/12/31

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.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* 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 1 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Edward EngelCompass Point Research & Trading, LLC