Stock AnalizBullish BLSH
Finance: Consumer Services · IPO 2025 · data as of November 13, 2026
Bullish (BLSH) is a financial company listed in the US with a market value of about $3.6B. In the twelve months to June 30, 2026 it had revenue of $190.6B and net income of -$1.4B, a net margin of -0.7%.
Its overall Stock Analiz score is 1.0 out of 5 (weak). The strongest part is financial health (3/5); the weakest is future growth (0/5).
Key numbers: a price to free cash flow of 32.3, a 5-year average ROIC of 27%. A discounted cash flow model with moderate assumptions puts its intrinsic value about 10642% above the current price.
Score: 1.0 / 5
Checks passed
- Price below intrinsic value (DCF, moderate assumptions)
- 5-year average ROIC above 12%
- More cash than debt, or low debt to equity
- Positive free cash flow
- Liabilities below 60% of assets
Checks not passed
- P/E below 25
- P/E below the industry median
- P/FCF below 20
- PEG below 1.5
- Revenue growth above 10% last year
- 3-year revenue growth above 10% a year
- Profit margin improving
- 3-year free cash flow growth above 10% a year
Valuation
Growth and quality
Financials, last 3 years
| Fiscal year | TTM | 2025 | 2024 | 2023 |
|---|---|---|---|---|
| Revenue | $190.6B | $244.8B | $250.2B | $116.5B |
| Net income | -$1.4B | -$765M | $79M | $1.3B |
| Free cash flow | $111M | $19M | -$30M | -$128M |
| EPS (diluted) | $-9.10 | $-4.79 | $0.49 | $8.14 |
| Net margin | -0.7% | -0.3% | 0.0% | 1.1% |
| ROIC | — | -23.7% | 3.3% | 101.4% |
From the company’s 10-K and 10-Q filings with the SEC. TTM = trailing twelve months.
What analysts expect
The average 12-month price target from 13 analysts is $39.92, 78% above the current price; targets range from $25.00 to $53.00; the consensus rating is “Buy”; expected EPS is $0.47 for the fiscal year ending December 31, 2026.
Frequently asked questions
Is Bullish stock undervalued?
Our DCF model with moderate assumptions puts its intrinsic value about 10642% above the current market value. A model is a range, not a promise; try your own assumptions in the DCF calculator.
Does Bullish pay a dividend?
Not currently.
Is Bullish a good stock to buy?
We do not give buy or sell advice. Bullish scores 1.0 out of 5 on our five checks (value, growth, track record, financial health and shareholder returns); the checks above show why.
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Generated from SEC filings, analyst consensus estimates and market prices, rebuilt every day. Educational information, not investment advice.