
Bullish (BLSH) Stock Forecast & Price Target
Bullish (BLSH) Analyst Ratings
Bulls say
Bullish has demonstrated substantial financial growth, with total adjusted revenues increasing by 72% year-over-year to $76.5 million, and net income rising to $13.8 million from prior losses. The company's strong performance is underscored by exceptional SS&O revenue growth, which saw an 11% quarter-over-quarter increase, contributing to a sequential growth rate of 50% and over 300% year-over-year. Furthermore, Bullish's institutional-focused business model—bolstered by a record increase in liquidity service partners—positions the company advantageously against retail volatility and provides a strong foundation for organic growth following its recent U.S. launch.
Bears say
The financial analysis indicates a negative outlook for Bullish primarily due to declining transaction revenue estimates, which have been adjusted downwards from $383 million to $357 million for 2026, alongside a reduction in adjusted EBITDA from $174 million to $146 million. Concerns about competitive pressures from zero-commission trading platforms and increased offerings from FinTech companies in the crypto trading space are likely to exert additional pressure on Bullish's revenue streams. Furthermore, broader macroeconomic challenges have prompted a reassessment of investment spending, leading to projections of weaker performance amid a tepid crypto market that has already experienced diminished transaction volumes and lower spot prices.
This aggregate rating is based on analysts' research of Bullish and is not a guaranteed prediction by Public.com or investment advice.
Bullish (BLSH) Analyst Forecast & Price Prediction
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