S
Southpoint Capital Advisors LP
+ HoldingBLSH
+3.00%
3M Return
$30.390
-1.319 (-4.34%)At close
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- High
- 32.220
- Open
- 31.680
- VWAP
- 30.82
- Volume
- 884.35K
- Mkt Cap
- —
- Low
- 29.860
- Amount
- 27.26M
- EV/EBITDA, TTM
- -4.11
Bullish is an institutionally focused global digital asset platform focused on providing market infrastructure and information services. The Company is focused on providing products and services that are designed to help institutions grow their businesses, empower individual investors, and drive the adoption of stablecoins, digital assets, and blockchain technology. It operates two primary business lines: media and events. Its media business delivers news and information on the digital assets industry. Its media business operates through CoinDesk.com. Its events business gathers the global digital asset, blockchain, and Web3 communities at annual events, such as Consensus. It provides trusted insights, authoritative news, data, indices and transparent analysis to the digital assets industry while facilitating partnerships, investment opportunities, and community engagement through its flagship Consensus conference. The Company offers its services under the Bullish and CoinDesk brands.
AI analysis of Bullish (BLSH)
HoldCurrently, BLSH is not a strong buy due to its low RSI of 35.531, indicating oversold conditions, and a significant 1-year change of -45.27%. However, the price target from Wells Fargo suggests a potential upside of approximately 16.5% from the current price of $32.59. The main risk is the negative net income trend, with the latest quarter showing a net income of -581,713,000 USD, which raises concerns about profitability.
Valuation Metrics
The current forward P/E ratio for Bullish (BLSH) is 58.82, compared to its 5-year average forward P/E of 79.98.
Whales holding BLSH
Events Timeline
News
6.010-14stocktwitsWells Fargo Lowers Robinhood Price Target to $120 Ahead of Earnings
6.009-22stocktwitsClear Street Raises Coinbase Price Target to $224, Maintains Buy Rating
8.509-22FoolRobinhood Gains on Cryptocurrency Boom and Analyst Optimism
8.509-18CNBCSEC Approves Tokenized Stock Trading, Wall Street Eyes New Opportunities
7.009-16NASDAQ.COMCLARITY Act Fails to Advance, Bullish Stock Drops 9.5%
BLSH FAQ — answered by Alphio AI
Bullish is an institutionally focused global digital asset platform focused on providing market infrastructure and information services. The Company is focused on providing products and services that are designed to help institutions grow their businesses, empower individual investors, and drive the adoption of stablecoins, digital assets, and blockchain technology. It operates two primary business lines: media and events. Its media business delivers news and information on the digital assets industry. Its media business operates through CoinDesk.com. Its events business gathers the global digital asset, blockchain, and Web3 communities at annual events, such as Consensus. It provides trusted insights, authoritative news, data, indices and transparent analysis to the digital assets industry while facilitating partnerships, investment opportunities, and community engagement through its flagship Consensus conference. The Company offers its services under the Bullish and CoinDesk brands. It operates in the Technology sector.
Currently, BLSH is not a strong buy due to its low RSI of 35.531, indicating oversold conditions, and a significant 1-year change of -45.27%. However, the price target from Wells Fargo suggests a potential upside of approximately 16.5% from the current price of $32.59. The main risk is the negative net income trend, with the latest quarter showing a net income of -581,713,000 USD, which raises concerns about profitability.
Community
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The SEC just opened a five-year pilot window for tokenized U.S. equities, so let's not rush to call it "the $77 trillion market moving on-chain." Thursday's Innovation Exemption landed: permissioned AMMs can trade real tokenized stocks with dividends and voting rights. Off-exchange synthetic products that only offer price exposure are excluded from the framework. Reuters also noted that platforms can defer traditional exchange registration rules for five years, but issuers have veto power. Token Terminal data shows tokenized stocks have a market cap of about $3.2 billion, up roughly 1,219% year over year. DEX volume over the past 30 days was about $15.75 billion, with roughly $2.95 billion on weekends — tradable even when U.S. markets are closed. Compared with the narrative of "unlocking the $77 trillion U.S. equity market," the current pool is still lab-scale. My take: this looks more like "compliant real stocks" entering the U.S., not U.S. equities turning into a DEX casino overnight. CoinDesk reported Securitize up about 14% and Bullish up about 10%, reflecting the access narrative, not scale already being connected. If you really want to watch something, first see who can build products with full shareholder rights, rather than weekend-inflated synthetic products. Which side are you on: is this the real starting point for U.S. equities going on-chain, or a compliance PowerPoint within a five-year pilot? $HOOD $COIN $ETH #TokenizedStocks #SEC
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I really don't get it. Why do people keep asking me if I'm bullish or bearish? I already said it goes up even if missiles fly, even if the world ends. I've put everything in. Of course I'm bullish. If you ask me what happens if it drops, I'm done for. I've even put my pension into DCA, and you still don't believe me. What else can I do?
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This page is for research only and is not investment advice. Models can be wrong. Past performance does not guarantee future results.