Cantor Fitzgerald Forecasts Strong Price Appreciation for Bullish (NYSE:BLSH) Stock

by · The Cerbat Gem

Bullish (NYSE:BLSH – Get Free Report) had its price objective lifted by stock analysts at Cantor Fitzgerald from $39.00 to $43.00 in a research note issued on Friday,Benzinga reports. The brokerage currently has an “overweight” rating on the stock. Cantor Fitzgerald’s price objective would indicate a potential upside of 9.07% from the stock’s previous close.

Other equities research analysts have also recently issued research reports about the stock. Weiss Ratings reiterated a “sell (d)” rating on shares of Bullish in a research note on Friday, March 27th. Rosenblatt Securities increased their target price on shares of Bullish from $39.00 to $45.00 and gave the company a “neutral” rating in a research note on Wednesday. Wall Street Zen raised shares of Bullish from a “sell” rating to a “hold” rating in a research report on Monday, February 23rd. Citigroup dropped their price target on shares of Bullish from $67.00 to $65.00 and set a “buy” rating for the company in a research report on Wednesday, March 18th. Finally, JPMorgan Chase & Co. dropped their price target on shares of Bullish from $42.00 to $41.00 and set a “neutral” rating for the company in a research report on Friday, February 6th. Four research analysts have rated the stock with a Buy rating, eight have assigned a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat, the company currently has an average rating of “Hold” and a consensus price target of $51.08.

Get Our Latest Stock Analysis on Bullish

Bullish Stock Down 5.7%

NYSE BLSH opened at $39.43 on Friday. The company has a debt-to-equity ratio of 0.15, a quick ratio of 27.69 and a current ratio of 29.28. The firm has a 50-day simple moving average of $38.92 and a 200 day simple moving average of $39.20. Bullish has a twelve month low of $24.79 and a twelve month high of $118.00. The stock has a market cap of $5.95 billion and a PE ratio of 394.26.

Bullish (NYSE:BLSH – Get Free Report) last released its earnings results on Thursday, May 14th. The company reported $0.13 earnings per share for the quarter, missing the consensus estimate of $0.17 by ($0.04). Bullish had a negative net margin of 0.95% and a negative return on equity of 10.58%. The company had revenue of $92.83 million during the quarter. Bullish’s revenue was up 48.8% on a year-over-year basis. On average, research analysts forecast that Bullish will post 0.78 EPS for the current year.

Insider Transactions at Bullish

In related news, CEO Thomas W. Farley sold 80,000 shares of the stock in a transaction dated Monday, May 11th. The shares were sold at an average price of $43.95, for a total value of $3,516,000.00. Following the completion of the transaction, the chief executive officer owned 80,000 shares of the company’s stock, valued at $3,516,000. This represents a 50.00% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink.

Institutional Trading of Bullish

Hedge funds have recently modified their holdings of the company. Ameritas Advisory Services LLC acquired a new stake in shares of Bullish during the third quarter worth approximately $29,000. CWM LLC acquired a new stake in shares of Bullish during the third quarter worth approximately $31,000. 10Elms LLP acquired a new stake in shares of Bullish during the third quarter worth approximately $32,000. Tsfg LLC acquired a new stake in shares of Bullish during the third quarter worth approximately $45,000. Finally, Rakuten Securities Inc. acquired a new stake in shares of Bullish during the fourth quarter worth approximately $28,000.

Bullish News Roundup

Here are the key news stories impacting Bullish this week:

  • Positive Sentiment: Bullish posted Q1 2026 revenue of $92.8 million, up 48.8% year over year, showing strong top-line growth for its digital asset platform. Bullish reports first quarter 2026 results
  • Positive Sentiment: Management struck an optimistic tone on the earnings call, highlighting the proposed Equiniti acquisition as part of a broader growth strategy in blockchain infrastructure. Bullish reports first quarter 2026 results
  • Neutral Sentiment: Rosenblatt raised its price target on Bullish to $45 from $39, but kept a neutral rating, signaling cautious optimism rather than a strong bullish call. Rosenblatt price target update
  • Negative Sentiment: Bullish missed first-quarter earnings expectations, reporting adjusted EPS of $0.13 versus $0.17 expected, which is a key reason the stock is falling. Bullish shares dip on Q1 earnings miss, $605M loss
  • Negative Sentiment: The company reported a net loss of $604.9 million, much larger than a year ago, reinforcing concerns about profitability. Bullish shares dip on Q1 earnings miss, $605M loss
  • Negative Sentiment: CEO Thomas Farley sold 80,000 shares, a transaction investors may view as a caution signal after the earnings report. Bullish CEO Sells Stock

About Bullish

(Get Free Report)

Bullish (NYSE: BLSH) is a company that develops and operates digital asset market infrastructure, including a cryptocurrency trading platform and related technology services. The firm’s stated activities focus on providing exchange services, market structure and trading technology designed to support the listing, execution and clearing of digital assets. Bullish positions itself as a bridge between traditional capital markets practices and the evolving cryptocurrency ecosystem.

The business was announced in connection with Block.one, the software developer known for its work on the EOS blockchain, and was formed with the intent of creating a regulated, institutional-grade marketplace for digital assets.

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