JPMorgan Chase & Co. Takes Position in Bullish $BLSH

JPMorgan Chase & Co. bought a new position in shares of Bullish (NYSE:BLSH) in the 3rd quarter, according to the company in its most recent disclosure with the SEC. The fund bought 155,066 shares of the company’s stock, valued at approximately $9,864,000. JPMorgan Chase & Co. owned 0.11% of Bullish as of its most recent filing with the SEC.

Other institutional investors and hedge funds have also bought and sold shares of the company. Tradewinds Capital Management LLC bought a new position in Bullish in the 3rd quarter valued at about $25,000. Ameritas Advisory Services LLC bought a new stake in shares of Bullish during the third quarter worth approximately $29,000. CWM LLC acquired a new position in shares of Bullish in the third quarter valued at approximately $31,000. Tsfg LLC acquired a new position in shares of Bullish in the third quarter valued at approximately $45,000. Finally, Albion Financial Group UT bought a new position in shares of Bullish during the third quarter worth approximately $64,000.

Bullish Price Performance

Bullish stock opened at $35.06 on Friday. The stock’s fifty day moving average price is $34.66 and its two-hundred day moving average price is $46.42. Bullish has a one year low of $24.79 and a one year high of $118.00. The company has a debt-to-equity ratio of 0.15, a current ratio of 29.28 and a quick ratio of 27.69. The firm has a market cap of $5.13 billion and a PE ratio of 350.63.

Bullish (NYSE:BLSH) last released its earnings results on Thursday, February 5th. The company reported ($3.73) earnings per share for the quarter, missing analysts’ consensus estimates of $0.16 by ($3.89). The company had revenue of $92.50 million for the quarter. Bullish had a negative net margin of 0.95% and a negative return on equity of 10.58%. The business’s revenue for the quarter was up 67.6% on a year-over-year basis. During the same period last year, the firm posted $1.37 EPS.

Analysts Set New Price Targets

Several research firms recently issued reports on BLSH. Deutsche Bank Aktiengesellschaft upgraded Bullish from a “hold” rating to a “buy” rating and reduced their price target for the company from $52.00 to $51.00 in a research note on Wednesday, November 19th. Wall Street Zen upgraded Bullish from a “sell” rating to a “hold” rating in a research report on Monday, February 23rd. Citigroup dropped their target price on Bullish from $77.00 to $67.00 and set a “buy” rating for the company in a report on Monday, December 22nd. Sanford C. Bernstein reissued a “market perform” rating and issued a $50.00 target price on shares of Bullish in a research report on Tuesday, January 6th. Finally, Weiss Ratings restated a “sell (d)” rating on shares of Bullish in a research note on Monday, December 29th. Five research analysts have rated the stock with a Buy rating, seven have given a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, Bullish has a consensus rating of “Hold” and an average target price of $52.08.

Key Stories Impacting Bullish

Here are the key news stories impacting Bullish this week:

• Positive Sentiment: Macro/sector tailwind — Clear Street’s analyst commentary that the 2026 crypto rotation “has legs” supports higher volumes and investor interest in crypto-focused infrastructure firms like Bullish, which could boost trading revenue and take rates as markets heat up. Crypto’s Great 2026 Rotation: Clear Street Analyst OWEN LAU Declares the Rally “Has Legs”
• Neutral Sentiment: Company disclosure — Bullish published its February 2026 monthly metrics (volumes, average spreads, and BTC/ETH volatility measures). These direct operational metrics give investors timely data to judge revenue drivers (trading volume and spreads), but the release itself didn’t include forward guidance in the summary, so the market reaction depends on detailed figures in the full packet. Bullish releases February 2026 monthly metrics
• Neutral Sentiment: Third‑party analysis — An independent write-up that includes Bullish alongside other firms provides extra visibility but doesn’t present a clear buy/sell thesis; it may attract investor attention but is unlikely to move the stock materially without new data. Analyzing Prestige Wealth (NASDAQ:AURE) & Bullish (NYSE:BLSH)

Bullish Company Profile

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.