Skip to main content

LIVE

BLSH

Bullish

BLSH

NYSE·Technology·Software - Application·Mkt cap $5.5B

$36.00

-0.61%

P/E

-3.95

Mkt Cap

$5.5B

52-Wk Range

$20.55–$74.98

52-Week Range

$20.55 - $74.98

P/E

-3.95

Fwd P/E

81.34

Beta

0.33

Div Yield

0.00%

Avg Vol

1.6M

Shares Out

150.3M

Mkt Cap

$5.5B

Price action

Price chart

Down 28.2% over the trailing year

Total returns

Price performance

Total return across standard periods - splits & dividends adjusted by FMP. Periods longer than 1Y show annualized in the tooltip.

Why we rate it this way

The thesis at a glance

Bull and bear case · plain-English context across the five lenses we evaluate.

Bull Case

4 reasons

  • Integrated market infrastructure combining exchange, data, and media capabilities
  • Deep liquidity through hybrid order book and automated market making technology
  • Trusted brand authority via CoinDesk in digital assets journalism and research
  • Institutional-grade tools and analytics for sophisticated market participants

Bear Case

2 risks

  • Low volatility (beta 0.3).
  • Extreme premium - high expectations embedded

Growth

Turning profitable

Accelerating institutional adoption of digital assets and cryptocurrency trading

Value

Extreme premium - high expectations embedded

Momentum

Hot

+32.3% over 3m

Quality

Thin

Mixed fundamentals

Dividend

None

No dividend

Earnings track record

Latest print - beat on both lines

AI-summarized recap of last quarter, plus the surprise on every print.

Next: Sep 16, 2026

Q3 26 RECAP

AUG 13, 2026

Reported EPS of $0.10 vs $0.09 consensus (+14.2% surprise). Revenue of $92.6M vs $87.4M expected (+5.9%). Beat on both top and bottom lines.

EPS beat +14.2%
Rev beat +5.9%
Double beat

EPS surprise · last 4Q

1 of 1 beats

Estimate

Actual

Q3 26

+14.2%

Revenue trend · last 8Q

-0%

+18%

-23%

-3%

-35%

-100%

Q3 24

Q4 24

Q1 25

Q2 25

Q3 25

Q4 25

Q1 26

Q2 26

$54.2B

$66.0B

$80.3B

$58.7B

$41.6B

$64.3B

$51.8B

$92.6M

Margins · last 8Q

Gross

70.3%

Operating

6.6%

Profit

-291.8%

Wall Street consensus

3 analysts · 67% Buy

Live ratings and price targets aggregated across covering analysts.

Buy

2

67%

Hold

1

33%

Sell

0%

Median Price Target

Latest: Cantor Fitzgerald · $43.00 · May 15, 2026

vs Industry

How BLSH stacks vs Software - Application

Stock metrics vs industry averages. Green = better than industry.

Industry comparison data unavailable for this stock.