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Bullish (BLSH)

NYSE: BLSH · USD

$24.0

-0.28 (-1.2%)· Recorded snapshot

Coverage state: Market snapshot only — no published research

Market snapshot recorded 2026-07-25 02:00 UTC. No published research is attached to this ticker. Prices and fundamentals on this server-rendered page are dated snapshots, not a real-time trading feed.

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Market cap	3.6B
Revenue (ttm)	267.9M
Net income (ttm)	-1B
EPS (ttm)	-$7.31
Shares out	151.6M
P/E (forward)	37.3x
Volume	2,198,064
Price target	$44.3	+84.8%

Market data

Price

Recent price action with selectable time range.

Financial snapshot

Revenue (ttm): 267.9M
Net income (ttm): -1B
EPS (ttm): -$7.31
P/E (forward): 37.3x
Market cap: 3.6B

Ticker	Name	Market cap	P/E	P/S	ROIC	5Y rev CAGR	1Y total return	Rating
ARM	Arm Holdings plc	240.2B	264.6x	46.6x	14.1%	—	+36.8%	Sell
FLEX	Flex Ltd.	37.7B	39.8x	1.3x	15.1%	+2.9%	+104.0%	Sell
LITE	Lumentum Holdings Inc.	46.9B	114.5x	18.8x	8.3%	+7.7%	+462.1%	Reduce

All BLSH indicators

Market & fundamental data

Available fields

211

Groups with data

Currency

USD

Showing 211 of 211 available metrics for this ticker.

Profile and market data

Ticker identity, listing, currency, market cap, and source dates.

Metric	Value
Cik	0001872195
Company name	Bullish
Country	Cayman Islands
Country code	US
Cusip	G16910120
Employees	414
Employees Change	14%
Employees Change Percent	3.5
Enterprise value	$3.8B
Exchange	NYSE
Financial currency	USD
First seen	2026-05-09
Industry	Software - Infrastructure
Industry PE	31.32
Industry PE Fwd	23.75
IPO Date	2025-08-13
Isin	KYG169101204
Last refreshed	2026-07-25
Market cap	$3.6B
Market cap category	Mid-Cap
Price	$23.96
Price currency	USD
Rev Per Employee	647,120.77x
Sector	Technology
Sector PE	36.58
Sector PE Fwd	20.31
Sic	6199
Symbol	BLSH
Website	https://www.bullish.com

Valuation

Multiples, yields, enterprise-value ratios, and valuation checks.

Metric	Value
Earnings Yield	-27.59%
EV Sales Forward	9.82x
EV/EBITDA	4,155.25x
EV/FCF	33.61x
EV/Sales	14.18x
FCF yield	3.11%
Forward P/E	37.33x
P/B ratio	1.37x
P/S ratio	13.56x
PEG ratio	0.36x
PS Forward	9.39x

Profitability

Margins, returns on capital, cash conversion, and quality metrics.

Metric	Value
EBIT Margin	-0%
EBITDA Margin	0%
FCF margin	42.17%
Gross margin	100%
Gross Profit	$267.9M
Gross Profit Growth	60.49%
Gross Profit Growth Q	65.5%
Net Income	$-1B
Net Income Growth Years	0%
Pretax Margin	-389.02%
Profit Per Employee	$-2.4M
ROA	-10.35
Roa5y	-5.46
ROCE	-0.2
ROE	-44.64
Roe5y	-15
ROIC	-15.86
Roic5y	-10.24

Growth

Revenue, earnings, cash-flow, and forward growth indicators.

Metric	Value
EPS Growth Years	0
FCF Growth	194.47%
OCF Growth	217.54%
Revenue Growth	60.49x
Revenue Growth Q	65.5x
Revenue Growth Years	0x

Financial strength

Debt, cash, solvency, accounting-quality, and balance-sheet signals.

Metric	Value
Asset Turnover	$0.09
Assets	$3.3B
Cash	$342.7M
Current Assets	$3.2B
Current Liabilities	$120.3M
Debt	$507.1M
Debt EBITDA	$555
Debt Equity	$0.19
Debt FCF	$4.49
Equity	$2.7B
Interest Coverage	-0.11
Liabilities	$620.8M
Long Term Assets	$146.2M
Long Term Liabilities	$500.6M
Net Cash	$-164.4M
Net Cash By Market Cap	$-4.52
Net Debt EBITDA	$180
Net Debt Equity	$0.06
Net Debt FCF	$1.46
Tangible Book Value	$2.6B
Tangible Book Value Per Share	$16.91

Liquidity

Current-asset coverage and working-capital efficiency metrics.

Metric	Value
Current ratio	26.42
Net Working Capital	$2.7B
Quick ratio	3.13
Working Capital	$3.1B
Working Capital Turnover	$0.1

Dividends and buybacks

Dividend yield, payout, buybacks, and shareholder-yield indicators.

Metric	Value
Buyback Yield	-21.59%
Dividend Yield	0%

Performance and technicals

Returns, volatility, beta, momentum, RSI, and moving-average context.

Metric	Value
200-day SMA	37.83
50-day SMA	28.06
50-day SMA vs 200-day SMA	50under200
All Time High	118
All Time High Change	-79.69%
All Time High Date	2025-08-13
All Time Low	21.76
All Time Low Change	10.11%
All Time Low Date	2026-06-26
ATR	1.75
Beta1y	2.19
Ch YTD	-36.73
High	24.89
High52	118
High52 Date	2025-08-13
High52ch	-79.69%
Low	23.52
Low52	21.76
Low52 Date	2026-06-26
Low52ch	10.11%
Ma50ch	-14.6%
Premarket Change Percent	-0.56
Premarket Price	$24.11
Premarket Volume	23,317
Price vs 200-day SMA	-36.66%
RSI	44.99
RSI Monthly	0
RSI Weekly	35.09
Sharpe ratio	-1.05x
Sortino ratio	-1.42
Total Return	-21.59%
Tr YTD	-36.73
Tr1m	-3.89%
Tr1w	6.92%
Tr3m	-43.4%

Analyst estimates

Ratings, targets, revisions, and forward estimate fields.

Metric	Value
Analyst Count	10
Analyst Count Top	6
Analyst Price Target Top	$47.75
Analyst Ratings	Buy
Analyst Ratings Top	Buy
Earnings EPS Estimate	$0.17
Earnings Revenue Estimate	94,873,800x
Operating Income	$-496M
Operating margin	-185.1
Price target	$44.28
Price Target Change	$84.81
Price Target Change Top	$99.29

Ownership and float

Institutional, insider, float, short-interest, and share-count fields.

Metric	Value
Float	48,450,348%
Float Percent	31.95%
Net Borrowing	-50,861,000
Shares Insiders	35.69%
Shares Institutions	26.6%
Shares Out	151,648,346
Shares Qo Q	0.15%
Shares Yo Y	21.59%
Short Float	18.9%
Short Ratio	4.72
Short Shares	6.04

Other indicators

Additional ticker metrics that do not fit the primary research groupings yet.

Metric	Value
Adjusted FCF	$96.3M
Average Volume	1,376,463.3x
Bv Per Share	17.53
CAPEX	$-10.1M
Ch1m	-3.89
Ch1w	6.92
Ch3m	-43.4
Ch6m	-32.98
Change	-1.16%
Change From Open	-1.72
Close	24.24
Days Gap	0.58
Depreciation Amortization	2,000,000
Dollar Volume	52,665,613.4
Earnings Date	2026-05-14
Earnings Time	bmo
EBIT	$-6.3M
EBITDA	$914,000
EPS	$-7.31
F Score	4
FCF	$113M
FCF EV Yield	2.97x
FCF Per Share	$0.75
Financing CF	-34,588,000
Fiscal Year End	December
Founded	2,020
Goodwill	62,682,000
Income Tax	$-497,000
Investing CF	11,215,000
Ipr	-35.24
Iprfo	-73.38
Is Primary Listing	1
Is Spac	No
Last Earnings Date	2026-05-14
Last Report Date	2026-03-31
Last Split Type	Never
Last10k Filing Date	2026-03-10
Ma150	34.2
Ma150ch	-29.94%
Ma20	24.3
Ma20ch	-1.4%
Net CF	101,647,000
Next Earnings Date	2026-09-16
Open	24.38
Optionable	Yes
P FCF Ratio	32.16
P OCF Ratio	29.51
Position In Range	32.12
Ppne	26,465,000
Pre Close	24.24
Price Date	2026-07-24
Price EBITDA	$3,975
Ptbv Ratio	1.42
Relative Volume	1.6x
Revenue	267,908,000x
SBC By Revenue	6.22x
Share Based Comp	16,671,000
Tax By Revenue	-0.19x
Tr6m	-32.98%
Volume	2,198,064
Z Score	6.1

Bullish (BLSH)

Coverage state: Market snapshot only — no published research

Generate the first BLSH analysis

Price

Financial snapshot

Fair-value bridge

Analyst consensus

Latest news · BLSH

Valuation

Profitability

Balance sheet

Trading

Next earnings

Sector percentile context

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Profile and market data

Valuation

Profitability

Growth

Financial strength

Liquidity

Dividends and buybacks

Performance and technicals

Analyst estimates

Ownership and float

Other indicators

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