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BLSH

BullishNYSETechnology
$36.37+3.71%OpenMarket Cap: $5.47B

As of 2026-04-06

Valuation

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P/E (TTM)

PEG

P/B

1.70

P/S

0.02

EV/EBITDA

-42.48

DCF Value

$-122,162.81

FCF Yield

-1.4%

Div Yield

0.0%

Margins & Returns

Gross Margin

0.1%

Operating Margin

-0.0%

Net Margin

-0.3%

ROE

-26.3%

ROA

-19.8%

ROIC

-0.6%

Financials

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PeriodRevenueNet IncomeEPS
Q4 2025$64.35B$-546.6M$-3.62
FY 2025$244.81B$-764.7M$-5.99
Q3 2025$41.65B$18.4M$0.13
Q2 2025$58.66B$107.5M$0.74

Analyst Ratings

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CitigroupBuy
2026-03-18
RosenblattBuy
2026-02-06
JP MorganNeutral
2026-02-06
CitigroupBuy
2025-12-22
Canaccord GenuityBuy
2025-11-24

Trading Activity

Insider Trades

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Yuan Kokueidirector, 10 percent owner:
SellWed Mar 18
Bliss Andrewdirector
SellWed Mar 18
Blumer Brendan Francisdirector, 10 percent owner:
SellWed Mar 18
Farley Thomas Wdirector, officer: Chief Executive Officer
SellWed Mar 18
Bonanno Davidofficer: CHIEF FINANCIAL OFFICER
SellWed Mar 18

Company Info

Sector

Technology

Industry

Country

KY

Exchange

NYSE

Beta

0.61

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 was founded in 2020 and is based in George Town, Cayman Islands.

Peers