JPMorgan Chase & Co. Has Lowered Expectations for Bullish (NYSE:BLSH) Stock Price

Bullish (NYSE:BLSH) had its price objective lowered by analysts at JPMorgan Chase & Co. from $45.00 to $42.00 in a report issued on Tuesday,Benzinga reports. The brokerage currently has a “neutral” rating on the stock. JPMorgan Chase & Co.‘s price objective suggests a potential upside of 22.41% from the stock’s current price.

Other equities research analysts also recently issued research reports about the company. Weiss Ratings restated a “sell (d)” rating on shares of Bullish in a report on Monday, December 29th. Rosenblatt Securities dropped their price objective on shares of Bullish from $55.00 to $52.00 and set a “buy” rating on the stock in a research note on Thursday, January 15th. Sanford C. Bernstein reissued a “market perform” rating and set a $50.00 target price on shares of Bullish in a research report on Tuesday, January 6th. Wall Street Zen cut shares of Bullish from a “hold” rating to a “sell” rating in a research report on Sunday, November 23rd. Finally, Deutsche Bank Aktiengesellschaft raised Bullish from a “hold” rating to a “buy” rating and lowered their price objective for the stock from $52.00 to $51.00 in a research note on Wednesday, November 19th. Five analysts have rated the stock with a Buy rating, seven have issued a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of “Hold” and a consensus target price of $53.25.

Bullish Price Performance

Shares of BLSH opened at $34.31 on Tuesday. Bullish has a one year low of $33.86 and a one year high of $118.00. The firm has a market cap of $5.02 billion and a P/E ratio of 1,715.60. The company has a 50-day moving average price of $41.04. The company has a debt-to-equity ratio of 0.13, a quick ratio of 36.58 and a current ratio of 38.78.

Institutional Trading of Bullish

Hedge funds have recently bought and sold shares of the business. Tradewinds Capital Management LLC bought a new position in shares of Bullish during the 3rd quarter worth $25,000. Ameritas Advisory Services LLC purchased a new stake in Bullish during the third quarter valued at about $29,000. CWM LLC bought a new position in Bullish during the third quarter worth about $31,000. 10Elms LLP purchased a new position in shares of Bullish in the third quarter worth about $32,000. Finally, Tsfg LLC bought a new stake in shares of Bullish in the third quarter valued at approximately $45,000.

Key Headlines Impacting Bullish

Here are the key news stories impacting Bullish this week:

• Positive Sentiment: Cathie Wood’s ARK Invest bought roughly $3 million of Bullish shares, a high‑profile institutional purchase that often draws momentum traders and retail follow‑on flows. Cathie Wood Bets Again On Peter Thiel-Backed Crypto Platform
• Positive Sentiment: Follow‑through in intraday/after‑hours trading showed BLSH jumping alongside other small crypto‑adjacent names, reflecting short‑term buying interest tied to the ARK trade and crypto sentiment. IPW, BLSH, FWD stocks jump after hours
• Positive Sentiment: Media coverage notes the ARK purchases could help stop the recent multi‑day slide as retail and momentum flows pick up. That narrative can create short‑term support. Bullish set to snap five-day losing streak
• Neutral Sentiment: Analysts and outlets are reassessing BLSH valuation after ARK’s purchases; these writeups provide context but don’t by themselves guarantee durable price moves — they help inform longer‑term investors. Assessing Bullish (BLSH) Valuation After Ark Invest’s Recent Share Purchases
• Neutral Sentiment: Broader crypto optimism (e.g., bullish statements from crypto leaders) is supportive of exchange/crypto‑adjacent names like Bullish, but macro moves in crypto markets remain volatile and the lift is indirect. ‘I’m Very Bullish’: Ripple CEO Predicts Crypto All‑Time High
• Negative Sentiment: JPMorgan lowered its price target on Bullish from $45 to $42 and kept a “neutral” rating — a fresh analyst re‑price that can cap upside and weigh on sentiment among institutional and quant investors. Benzinga

About Bullish

Bullish (NYSE: BLSH) is a company that develops and operates digital asset market infrastructure, including a cryptocurrency trading platform and related technology services. The firm’s stated activities focus on providing exchange services, market structure and trading technology designed to support the listing, execution and clearing of digital assets. Bullish positions itself as a bridge between traditional capital markets practices and the evolving cryptocurrency ecosystem.

The business was announced in connection with Block.one, the software developer known for its work on the EOS blockchain, and was formed with the intent of creating a regulated, institutional-grade marketplace for digital assets.