Insider buying last 90 days
No open-market insider purchases were filed for BLSH in the last 90 days.
From Form 4 filings, dated to when each was filed.
Every BLSH insider filing, plotted on the chart in Gekko.Open BLSH in Gekko
NYSE: BLSH
Bullish (BLSH) Stock Analysis & Forecast
Sep 28 close
$35.99−1.59 (−4.2%)
Gekko Brief
AI summaryThis week's declines for Bullish followed the launch of tokenized share trading on its own regulated exchange, a first for the company, alongside a broader push into issuer-backed tokenized securities through the newly formed Issuer Sponsored Token Coalition with Equiniti, Alpaca, Apex Fintech Solutions, and DriveWealth. Shares slid Friday as investors weighed the long-term monetization timeline of the blockchain equity initiative. Separately, Bullish cleared the longest-dated bitcoin options trade to date, expiring 28 January 2028, extending its exposure to crypto derivatives markets.
Bullish closed at $35.99, down 4.2% on the day, with price sitting above both the 50-day average of $29.90 and the 200-day average of $33.63. The GekkoIndex reads 55.7, placing the stock in the Neutral zone. Price sits 5% above Gekko Fair Value of $34.26.
The next earnings report is scheduled for 18 November 2026, 50 days out and beyond a typical 20-trading-day holding window. Over the last 30 days, 2 unusual options signals were recorded, with call premium of $653,981 against put premium of $34,400. Analyst coverage from 8 firms shows 5 buy and 3 hold ratings, with a consensus target of $41.22, implying 14.5% upside. No billionaire holders are currently recorded in the position data.
Written by AI and checked automatically against the figures on this page. Generated Sep 29, 2026 from the data above.
Bullish price vs fair value
Close $35.99200-day averageGekko Fair Value $34.26
Bullish quick facts
- Market cap
- $5.46B
- P/E ratio
- —
- Forward P/E
- 58.8
- EPS, TTM
- −$10.00
- Revenue, TTM
- $300.7M
- Profit margin
- 0%
- Dividend yield
- —
- Beta
- —
- Volume
- 713,742 avg 1.51M
- 1-year return
- −41.8%
- Typical daily move
- ±7.6%
- Typical 20-day move
- ±15.1%
- 50-day average
- $29.90
- 200-day average
- $33.63
- Next earnings
- Nov 18
- Shares outstanding
- 151.6M
Bullish swing-trade checklist
Bullish scores 2 supportive, 2 mixed and 1 headwind across the 5 checklist items with data.
Six things swing traders check before a 20-day hold, read from the latest data.
2 supportive2 mixed1 headwind
- Trendmixed
Averages disagree
Close $35.99 sits between the 50-day ($29.90) and 200-day ($33.63) averages, or the averages disagree.
See the chart - GekkoIndexmixed
55.7, Neutral
Reading 55.7 is in the Neutral zone.
See the GekkoIndex - Fair valueheadwind
5.0% above
Price is 5% above Gekko Fair Value (more than 5% above).
See fair value - Smart moneysupportive
Leans bullish
Last 30 days: 2 unusual options signals.
See smart money - Earnings risksupportive
Reports in 50 days
Next report Nov 18, 2026, 50 days away — outside a typical 20-trading-day hold.
See earnings - Seasonalityno data
No data
Not enough years of history for a seasonal read.
A description of current data, not a recommendation. How this page works
Bullish stock chart and price history
Bullish closed at $35.99 on Sep 28, 2026, −41.8% over the past year, inside a 52-week range of $20.55 to $70.50.
Close50-day average200-day averageVolume
Use the left and right arrow keys to read daily values.
Performance Breakdown
- 1 month
- +7.2%
- 3 months
- +51.9%
- 6 months
- +4.5%
- 1 year
- −41.8%
The full BLSH chart adds GekkoIndex, insider, options, Congress and hedge fund markers, plus TrendCandles™.Open BLSH in Gekko
Follow Bullish through every session
Put BLSH on a Gekko watchlist and see its GekkoIndex, Gekko Fair Value and smart money signals update on the chart as they change.
Track BLSH in GekkoFree for 7 days. No credit card required.
Bullish GekkoIndex: the smart money zone
Bullish’s GekkoIndex — Gekko’s 0 to 100 smart money score — reads 55.7, in the Neutral zone, up 7.4 points over five sessions.
55.7Neutral
Up 7.4 points over five sessions.
Reading for Sep 28, 2026
What followed past readings in each zone
| Zone | Readings | 5 days | 20 days | ||
|---|---|---|---|---|---|
| Buying | 34 | +1.4% | +4.5% | ||
| Accumulation | 124 | −1.6% | −3.8% | ||
| Neutral (current zone) | 114 | +0.5% | −1.3% | ||
| Distribution | 5 | Too few readings yet | |||
| Selling | 0 | Not available | |||
Average BLSH share-price change over the trading days after each daily reading in its GekkoIndex history. Across every stock Gekko tracks, Neutral readings averaged +1.1% over 20 days. Past behaviour doesn’t guarantee future results.
Neutral zone: No clear directional signal. About the five zones →
See every daily GekkoIndex reading plotted over the BLSH price, zone by zone.Track BLSH in Gekko
Is Bullish stock overvalued? Gekko Fair Value
Bullish trades 5.0% above Gekko Fair Value of $34.26, so the shares are overvalued on Gekko’s estimate.
Gekko’s own estimate of what Bullish shares are worth, recalculated every trading day.
$34.26
Gekko Fair Value, Sep 26, 2026
5.0% Overvalued
Gekko Fair Value on every chart, with the gap to price updating daily.Open BLSH in Gekko
Bullish insider and Congress trading
No open-market insider purchases were filed for Bullish, and no Congress trades were disclosed, in the last 90 days.
Plus buybacks, unusual options and fund positions, each dated to when it became public.
Congress trades last 90 days
No trades in BLSH were disclosed by members of Congress in the last 90 days.
From congressional disclosures, which report amounts as ranges.
Congress disclosures for BLSH, plotted on the chart in Gekko.Open BLSH in Gekko
Unusual options activity last 30 days
2signals, 95% of the flagged premium in calls.
Latest: Bullish flow on Sep 19, $284K in unusual premium.
Hedge funds and billionaires quarter ended Jun 30
0of the funds Gekko tracks hold BLSH.
0added0opened0trimmed1sold out
Every signal with its contract, strike and premium, and which funds are on each side.Unlock in Gekko
Bullish earnings: next date and track record
Bullish reports on Nov 18, 2026 (50 days away), and beat the EPS estimate in 4 of its last 6 reports.
Next earnings report
Nov 18, 2026
50 days away
- EPS estimate
- $0.08
- Revenue estimate
- $80.68M
4 of 6reports beat the EPS estimate
±9.5%average move across the report
2 of 5reports followed by a gain
Share-price move across each report
Last earnings call, Aug 13, 2026 AI summary
- What they said
- Bullish marked its one-year NYSE anniversary by launching tokenized share trading on its own regulated venue, a first for the company. The quarter saw resilient performance despite soft crypto markets with lower prices and volatility. The pending Equiniti acquisition (world's second-largest transfer agent, serving ~3,000 issuers including 30% of S&P 500) remains on track to close January 2027, with antitrust clearances secured. Tokenized real-world assets have grown 20-fold to ~$37 billion, with securities representing a $270 trillion addressable market.
- Guidance
- Equiniti acquisition expected to close January 2027 with regulatory approvals advancing. Management targets the tokenized securities market, which Citi projects reaching $5.5 trillion by 2030, though Farley believes this estimate is conservative. An October 27 NYSE showcase will debut the tokenization platform with new issuer and Layer 1 partners.
| Reported | EPS | Revenue | Move |
|---|---|---|---|
| Aug 13, 2026 | $0.10 est $0.09 | $92.60M est $87.42M | −1.0% |
| May 14, 2026 | $0.13 est $0.15 | $92.80M est $94.95M | −14.7% |
| Feb 5, 2026 | $0.20 est $0.14 | $92.51M est $87.58M | +0.9% |
| Nov 19, 2025 | $0.10 est $0.10 | $76.50M est $72.92M | −3.3% |
| Sep 17, 2025 | −$0.05 est −$0.05 | $57.00M est $55.74M | +27.7% |
| Jul 18, 2025 | $0.07 est −$0.03 | $71.33M est $56.08M | — |
| Mar 31, 2025 | −$2.35 | $80.26B | — |
| Dec 31, 2024 | $1.07 | $66.04B | — |
“Move” is the close of the first session after the report compared with the close of the last session before it, so it reads the same whether the company reported before the open or after the close.
Bullish stock forecast and analyst price targets
Analysts’ average 12-month price target for Bullish is $41.22, +14.5% from the last close, from 8 firms rating the stock in the last 90 days.
$41.22consensus 12-month target, +14.5% from the last close
Now $35.99Avg $41.22
Low $25High $51
Each firm’s latest rating in the last 90 days: 8 firms.
Latest analyst actions
| Date | Firm | Target | vs price |
|---|---|---|---|
| Sep 23 | Canaccord Genuity | $45 | +25.0% |
| Sep 21 | Clear Street | $43 | +19.5% |
| Sep 21 | Bernstein | $50 | +38.9% |
| Sep 17 | Citi | $50 | +38.9% |
| Sep 14 | Compass Point | $51 | +41.7% |
−1.3%average 20-day move after past Neutral readings
±7.6%typical daily move, from the 14-day average range
Gekko doesn’t publish price predictions. These are analyst targets and historical base rates, which don’t guarantee future results.
Bullish market cap and key statistics
Bullish’s market cap is $5.46B and revenue of $300.7M over the last twelve months.
Valuation
- Market cap
- $5.46B
- Forward P/E
- 58.8
- EPS, TTM
- −$10.00
- Gekko Fair Value
- $34.26
Trading
- Volume
- 713,742
- Avg volume, 20 days
- 1.51M
- 52-week high
- $70.50
- 52-week low
- $20.55
- Shares outstanding
- 151.6M
Financials
- Revenue, TTM
- $300.7M
- Profit margin
- 0%
- Return on equity
- -57.1%
- Quarterly earnings growth, YoY
- 0.0%
Risk and income
- Typical daily move
- ±7.6%
- Typical 20-day move
- ±15.1%
Bullish stock news this week
Coverage of Bullish this week reads neutral: 1 positive, 3 neutral and 1 negative headlines.
- Critical Contrast: Bullish (NYSE:BLSH) and CaliberCos (NASDAQ:CWD)Defense World, Sep 28
- Bullish Stock Slides Friday: What's Happening?Benzinga, Sep 25
- Bullish, Alpaca and Apex Fintech form coalition to push issuer-backed tokenized stocksCoinDesk, Sep 24
- Bullish trends meet a buy-the-dip testKitco, Sep 24
- Bullish clears longest-dated bitcoin options trade expiring in 2028TradingView, Sep 24
- Bitcoin Bull Market Engaged? 50-Week Moving Average Flips BullishBitcoin Magazine, Sep 22
Bullish peers
Bullish’s 6 largest industry peers by market value, with today’s move, GekkoIndex zone and gap to Gekko Fair Value.
| Stock | GekkoIndex zone | vs Fair Value |
|---|---|---|
| MSFTMicrosoft | Neutral | 17.3% above |
| PLTRPalantir Technologies | Neutral | 15.7% above |
| ORCLOracle | Accumulation | 25.9% below |
| PANWPalo Alto Networks | Neutral | 16.1% above |
| CRWDCrowdStrike | Neutral | 27.2% above |
| CRMSalesforce | Neutral | 5.9% below |
A peer links to its own page where one exists.
Bullish stock FAQ
What is Bullish’s market cap?
Bullish’s market cap is $5.46B at the Sep 28, 2026 close of $35.99, with 151.6M shares outstanding.
What is the Bullish stock forecast?
The consensus analyst 12-month price target for Bullish is $41.22, +14.5% from the last close. Of the 8 firms that rated the stock in the last 90 days, 5 rate it a buy, 3 a hold and 0 a sell. Gekko doesn’t publish price predictions of its own.
Is Bullish stock overvalued or undervalued?
On Gekko’s estimate Bullish is overvalued: the Sep 28, 2026 close of $35.99 is 5.0% above Gekko Fair Value of $34.26. Gekko Fair Value is recalculated every trading day, and a gap inside 5% either way counts as about fair value.
When does Bullish report earnings next?
Bullish is expected to report on Nov 18, 2026 (50 days away). Analysts expect earnings of $0.08 per share on revenue of $80.68M. Bullish beat the earnings estimate in 4 of its last 6 reports, moving 9.5% on average across the report.
What is Bullish’s 52-week high and low?
Bullish’s 52-week high is $70.50 and its 52-week low is $20.55; it closed at $35.99 on Sep 28, 2026, −41.8% over the past year. Over the last five years the shares peaked at $118.00 on Aug 13, 2025.
Is Bullish stock a buy right now?
Gekko describes the data; it does not make buy or sell recommendations. On the swing-trade checklist, 2 of the 5 items with data read as supportive (smart money and earnings risk), 2 as mixed (trend and gekkoindex) and 1 as a headwind (fair value). The checklist is a description of current data, not a recommendation.
Is there unusual options activity in Bullish?
Gekko flagged 2 unusual options signals in Bullish over the last 30 days, with $654K of flagged premium in calls and $34K in puts. The latest, bullish flow, was on Sep 19, 2026 with $284K in unusual premium. The signal-by-signal table is in Gekko.
How this page works
During US trading hours the price at the top of the page is a delayed quote, refreshed every 15 minutes; everything else is rebuilt after each US market close. The GekkoIndex, Gekko Fair Value and the checklist are Gekko’s own, and the Gekko Brief is written by AI from this page’s data and checked against it before it is published. How Gekko’s data works →
See Bullish the way Gekko members do
Every GekkoIndex reading, insider trade, options bet and Congress disclosure plotted on the chart, plus the 5,800-name screener and trade planning tools.
Join 1,380 other traders using Gekko
Start Your FREE 7 Day Trial → Every feature unlocked. No credit card required.