Compass Point has initiated coverage on Bullish (BLSH) with a Neutral rating, marking the firm's first assessment of the company's investment potential. This decision comes as Bullish, a financial services firm based in George Town, Grand Cayman, currently manages a digital asset platform aimed at empowering both institutions and individual investors.
As of September 2, 2025, the current price for Bullish shares stands at $37.02. The company, which went public on August 13, 2025, employs 388 full-time staff and operates under the Bullish and CoinDesk brands. Its media business provides authoritative news and insights on the digital assets industry through CoinDesk.com, while its events business hosts significant gatherings for the blockchain and Web3 communities, such as the Consensus conference.
The upcoming earnings report on November 19, 2025, is anticipated to deliver an earnings per share estimate of $0.10 and revenue expectations of $72.6 million. In its recent Q3 earnings, Bullish reported an EPS of $0.07, falling short of estimates by 30.2%.
Analyst ratings, including Compass Point's Neutral stance, reflect professional evaluations based on extensive research and financial modeling. However, investors are advised to consider a broader range of factors, including company fundamentals and market dynamics, when making financial decisions. Analyst opinions can change as new information emerges, underscoring the importance of a comprehensive approach to investment strategies.