Stock Taper
BLSH
BULLISH
NYSE
$31.82
▼ DOWN 4.67% (-1.56)

KEY STATISTICS

Market Cap$4.83 B
52w High$70.50
52w Low$20.55
Dividend Yield—
Frequency—
P/E84.76
Volume1.21M
Shares Out.151.65M

COMPANY

LEADERSHIP

Thomas W. Farley
CHIEF EXECUTIVE
Thomas W. Farley

ABOUT

SECTOR
Technology
WENT PUBLIC
August 13, 2025
METHOD OF GOING PUBLIC
IPO
FULL TIME EMPLOYEES
414

PRICE TARGET

Target High$61.00
Target Low$30.00
Target Median$43.00
Target Consensus$44.43

UPCOMING EARNINGS

DateNov 18, 2026
DayWednesday
Rev. Est.$80.62M
NOV
18
WED

ETFS HOLDING THIS STOCK

ETFS HOLDING
87
LISTED HERE
10
RANKED BY POSITION SIZE

INSTITUTIONAL OWNERSHIP

SHARES OWNED
21.74%
HOLDERS
237
TOP 8 OF 237 · RANKED BY POSITION SIZE

PRICE

$31.82 ▼ DOWN 4.67% (−$1.56)
$31.50$31.80$32.109:30 AM10:35 AM11:40 AM12:45 PM1:49 PM2:54 PM3:59 PM31.82

About Bullish

https://www.bullish.com ↗

Bullish, founded in 2020 in the Cayman Islands, offers digital asset trading via Bullish Exchange, and provides indices, data, and media insights through CoinDesk to support institutions in the digital assets and finance sectors.

INDUSTRY

Software - Application

A PRODUCT BULLISH IS KNOWN FOR

Bullish Exchange
Bullish Exchange

Bullish Exchange is a regulated, global digital asset trading platform for institutions, offering spot and derivatives trading with deep liquidity via a hybrid order book and AMM technology, targeting hedge funds and banks.

Bullish in 2025

SENTIMENT: + POSITIVE
Peter Thiel
OTHER · AUGUST 2025

Bullish (BLSH) Makes Explosive NYSE Debut with Stock Surging Over 80% on First Day of Trading

Bullish, a cryptocurrency exchange operator, went public in August 2025 through a highly anticipated Initial Public Offering (IPO), raising approximately $1.1 billion. The company's stock experienced a dramatic surge of over 80% on its first day of trading, instantly drawing significant attention from investors and the media, and establishing a multi-billion dollar market capitalization.

CAPITAL ALLOCATION · AUGUST 2025 · COMPLETED

Bullish successfully completes a $1.1 billion IPO on the NYSE, pivoting from a failed SPAC merger to a traditional public offering.

After a previously abandoned attempt to go public via a SPAC in 2022, Bullish executed a traditional Initial Public Offering in August 2025, raising significant capital and achieving a public listing on the New York Stock Exchange. This move provides the company with substantial funding for growth and solidifies its position as a major publicly-traded cryptocurrency exchange, signaling a strategic shift to capitalize on improved market conditions and institutional interest in digital assets.

Latest News

GLOBENEWSWIRE · OCT 6, 2026

Bullish releases September 2026 monthly metrics

GEORGE TOWN, Cayman Islands, Oct. 06, 2026 (GLOBE NEWSWIRE) -- Bullish (NYSE: BLSH), an institutionally focused global digital asset platform that provides market infrastructure and information services, released its monthly metrics for September 2026 on Tuesday, October 6, 2026.

EARLIER COVERAGE
DEFENSE WORLD · OCT 2, 2026

Head to Head Comparison: Bullish (NYSE:BLSH) vs. Hennessy Advisors (NASDAQ:HNNA)

Hennessy Advisors (NASDAQ: HNNA - Get Free Report) and Bullish (NYSE: BLSH - Get Free Report) are both finance companies, but which is the better stock? We will contrast the two companies based on the strength of their analyst recommendations, profitability, institutional ownership, risk, dividends, valuation and earnings. Volatility and Risk Hennessy Advisors has a beta of

RATINGS SNAPSHOT

Overall rating: C

DCFROEROAD/EP/EP/B
Discounted Cash Flow1
Return On Equity1
Return On Assets1
Debt To Equity2
Price To Earnings1
Price To Book4
Overall Score2

MOST RECENT ANALYST GRADES

GRADE SUMMARY
BUY 5
NEUTRAL 2
MARKET PERFORM 1
OVERWEIGHT 1
9 GRADES IN THE LAST 12 MONTHS

SECTORS PEERS

PEERPRICE
ESTC$94.36COMPARE
DBX$33.45COMPARE
PATH$13.11COMPARE
TTAN$72.14COMPARE
DOX$59.24COMPARE
VRNS$49.14COMPARE
KVYO$17.47COMPARE
WIX$73.03COMPARE

INSIDER TRADES

★
DIRECTOR
Bliss Andrew
Sale · 100 shares
2026-09-24
★
DIRECTOR
Bliss Andrew
Sale · 60.0K shares
2026-09-23
★
DIRECTOR
Bliss Andrew
Sale · 108.2K shares
2026-09-22
★
DIRECTOR
Bliss Andrew
Sale · 77.0K shares
2026-09-21