← ANALYST RATINGS · TIPRANKS

Bullish (BLSH): analyst forecast and price target

$29.49 −7.47% close 16.10.26 · market cap $4.8B · General · Software - Application
Price targets and ratings of

Analyst consensus

Moderate Buy

5 Buy5 Hold0 Sell

Ratings of 10 analysts in the last 3 months

12-month forecast

$40.80+38.4% upside

Based on 10 price targets given in the last 3 months, the average target is $40.80, the highest $51.00, the lowest $25.00. The average is +38.4% from the last price of $29.49.

$20.00$40.00$60.00Jan 26AprJulOctJan 27AprJulOctHigh$51.00Average$40.80Low$25.00
Highest target $51.00 Average target $40.80 Lowest target $25.00
AnalystFirmPrice target RatingUpsideAction Date Move vs SPY
Name not given — $38.00 → $35.00−7.9% Hold +18.7% Assigned 14.10.26on TipRanks 06:45 −3.3%next day +4.6%
Peter Christiansen★★★★★★★★★★#10530 · hits 48% · avg −1.5% Citi $50.00 Buy +69.5% Reiterated 13.10.26on TipRanks 06:35 +0.5%next day −3.3%
Name not given — $38.00 Hold +28.9% Initiated 02.10.26on TipRanks Oct 5 04:05 −2.3%next day −0.3% · 5 days −6.0%
Stephen Glagola★★★★★★★★★★#6411 · hits 48% · avg +1.8% KBW $55.00 → $40.00−27.3% Hold +35.6% Assigned 29.09.26on TipRanks 06:45 −0.7%next day −2.0% · 5 days −8.4%
Joseph Vafi★★★★★★★★★★#674 · hits 42% · avg +17.3% Canaccord Genuity $45.00 Buy +52.6% Reiterated 23.09.26on TipRanks 07:15 −0.7%next day −1.0% · 5 days −12.3%
Gautam Chhugani★★★★★★★★★★#1591 · hits 35% · avg +15.9% Bernstein $50.00 Hold +69.5% Reiterated 21.09.26on TipRanks 09:15 +3.1%next day +1.4% · 5 days −9.3%
Owen Lau★★★★★★★★★★#1033 · hits 64% · avg +8.4% Clear Street $37.00 → $43.00+16.2% Buy +45.8% Reiterated 21.09.26on TipRanks 06:15 +3.1%next day +1.4% · 5 days −9.3%
Ed Engel★★★★★★★★★★#11506 · hits 39% · avg −5.4% Compass Point $30.00 → $51.00+70.0% Buy +72.9% Upgrade 14.09.26on TipRanks 07:25 +7.6%next day −5.3% · 5 days +4.8%
Brett Knoblauch★★★★★★★★★★#682 · hits 48% · avg +16.9% Cantor Fitzgerald $43.00 → $39.00−9.3% Buy +32.2% Reiterated 17.08.26on TipRanks 08:35 +2.8%next day −0.7% · 5 days +23.8%
Ken Worthington★★★★★★★★★★#5133 · hits 49% · avg +1.4% J.P. Morgan $26.00 → $25.00−3.8% Hold −15.2% Assigned 14.08.26on TipRanks 07:55 −11.0%next day +2.8% · 5 days +26.1%
Chris Brendler★★★★★★★★★★#800 · hits 45% · avg +20.2% Rosenblatt Securities $35.00 → $30.00−14.3% Hold +1.7% Reiterated 14.08.26on TipRanks 07:10 −11.0%next day +2.8% · 5 days +26.1%
Brian Bedell★★★★★★★★★★#281 · hits 61% · avg +18.3% Deutsche Bank $63.00 → $61.00−3.2% Buy +106.8% Reiterated 15.05.26on TipRanks 08:45 −8.4%next day −0.2% · 5 days −2.2%

Every rating the collector has kept for the last 12 months, including the earlier ones of the same analyst. Latest of each analyst

Best analysts covering Bullish

TipRanks picks them by their record on this stock; the figures under the name are their record across all their ratings.

Most accurate

3 months Owen Lau★★★★★★★★★★Clear Street · #1033
Hits 64%216 of 337 Average return +8.4%
1 year Owen Lau★★★★★★★★★★Clear Street · #1033
Hits 64%216 of 337 Average return +8.4%
2 years Owen Lau★★★★★★★★★★Clear Street · #1033
Hits 64%216 of 337 Average return +8.4%

Most profitable

3 months Owen Lau★★★★★★★★★★Clear Street · #1033
Hits 64%216 of 337 Average return +8.4%
1 year Owen Lau★★★★★★★★★★Clear Street · #1033
Hits 64%216 of 337 Average return +8.4%
2 years Owen Lau★★★★★★★★★★Clear Street · #1033
Hits 64%216 of 337 Average return +8.4%

How the average price target moved

The average target of all analysts (their ratings of the 3 months before) on each day, the top analysts’ dashed, against the price; the site keeps this record since 1 October 2026. On 13.10.26: target $41.10 at a price of $31.63 (+29.9%); now: $40.80 at $29.49 (+38.4%).

$30.00$35.00$40.00Sep 15Oct 1Oct 15Top analysts$41.40Average target$40.80Price$29.49

PriceAverage targetTop analysts’ target

Recommendation trend

0102030915Oct 2531216Nov452Dec453Jan 26334Feb324Mar413Apr352May255Jun455Jul77Aug746Sep547Oct

Strong BuyBuyHoldSell

Rating05.2606.2607.2608.2609.2610.26
Strong Buy324775
Buy555044
Hold255767
Sell000000

Earnings and sales forecast

Next report: 25.11.26 (Q3 2026, date not confirmed)

Earnings per share

Next quarter’s EPS estimate — $0.08 (from $0.00 to $0.17). Last quarter: $0.09.

Sales

Next quarter’s sales estimate — $81M (from $70M to $93M). Last quarter: $93M.

Best top-analyst consensus in the sector · General

STDNStandard Nuclear
SKHYSK Hynix
ITGITG Inc. Class A
LIMENeutron Holdings, Inc.
EROCERock
About Bullish
  • CEO: Thomas W. Farley
  • Employees: 414
  • Office 101, 103, 105 Suite 70202, George Town, GT, 9005, KY
  • www.bullish.com

Bullish, a global digital asset platform that provides market infrastructure and information services in United States. The company 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. It also offers CoinDesk Indices, a collection of tradable proprietary and single-asset benchmarks and indices that track the performance of digital assets to leading traditional finance institutions, including exchanges and asset managers; 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 offers news, analysis, information, conferences and networking opportunities related to digital assets, blockchain technology and the broader financial technology industry. Bullish was founded in 2020 and is based in George Town, Cayman Islands.

Data from the stock’s TipRanks forecast page, read 75 min ago. It is read again as soon as a new rating appears and at least every 8 hours. TipRanks ↗