Bullish (BLSH) Stock Score, Valuation & Financial Research

Bullish is in the Technology sector and Software - Application industry. It is reviewed using Wall Street Score's company-strength, valuation, growth and financial-health framework. The current Wall Street Score is 32/100.

Quick answer for BLSH

Bullish currently has a Wall Street Score of 32/100. The stored market price is $32.08. Its financial score is 50/100. Its valuation score is 0/100. The latest WSS change is -0.1 points. These figures are a research snapshot, not a buy or sell recommendation.

What Bullish does

Bullish, a global digital asset platform that provides market infrastructure and information services in United States. The company operates Bullish Exchange, a digital assets spot and derivatives exchange that integrates a central limit order book matching engine with automated market making to provide deep and predictable liquidity. It also offers CoinDesk Indices, a collection of tradable proprietary and single-asset benchmarks and indices that track the performance of digital assets to leading traditional finance institutions, including exchanges and asset managers; CoinDesk Data, a comprehensive suite of digital assets market data and analytics, providing real-time insights into prices, trends, and market dynamics; and CoinDesk Insights offers news, analysis, information, conferences and networking opportunities related to digital assets, blockchain technology and the broader financ

BLSH financial snapshot

Wall Street Score:
32/100
Current price:
$32.08
Market capitalization:
$4.86B
Revenue:
$157.96B
Net income:
$-1.38B
Free cash flow:
$-23.2M
Cash:
$103.7M
Total debt:
$518.2M
EPS:
-9.11
Financial score:
50/100
Valuation score:
0/100
Revenue score:
40/100

What stands out

  • Reported year-over-year revenue growth is -0.4%.
  • Free cash flow is $-23.2M, showing cash burn in the current stored period.
  • The balance sheet shows $103.7M of cash versus $518.2M of total debt, so leverage deserves attention.
  • The latest Wall Street Score change is -0.1 points: BLSH decreased 0.1 points because some fundamentals weakened.

What the numbers mean

Its current valuation score is 0/100, which Wall Street Score classifies as weak within the model's valuation framework.

The financial score is 50/100. This is a starting point for reviewing liquidity, leverage and cash-flow strength rather than a stand-alone recommendation.

A strong company and an attractive stock price are not always the same thing. Revenue, earnings, free cash flow, debt, management quality, competitive advantage and valuation should be considered together. Wall Street Score organizes these inputs into a consistent research framework so investors can identify what deserves deeper review.

Data freshness: Financial data last refreshed 2026-09-09.

How to research BLSH

Start by understanding how the company makes money. Then compare revenue and earnings trends, cash generation, debt, liquidity and valuation. Review the company's latest filings and earnings reports before acting on any score or model estimate.

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Data may change as company filings and market prices update. Educational research only; not a buy or sell recommendation.