Home / Stocks / BLSH

Bullish (BLSH, Exchanges & market data) Stock Valuation & Fair Value

Mixed on our tests

Bullish (BLSH, Exchanges & market data) trades at a current P/E of 49.2, about 61% below its historical normal valuation, with a forward growth estimate of 57.5% and a PEG of 0.85. Priced at its historical normal P/E of 124.8 on the same blended earnings, the 2026-11-06 close of $21.31 corresponds to about $54.10 a share. This is a valuation reference, not a price target.

How to read these numbers: the PEG ratio and current P/E versus normal P/E.

DATA AS OF 2026-11-07
Current P/E
49.2
Normal P/E
124.8
PEG
0.85
Fwd growth
57.5%
Div yield
0.0%
RSI (14)
29.2
Oversold
Technical context
  • Price $21.31 at the Nov 6 close, 22.1% below the 20-day average ($27.34) and 33.7% below the 50-day ($32.12).
  • RSI (14) at 29.2.
  • 52-week range $20.71 to $48.42: the price is 56.0% below the high and 2.9% above the low.

The Street vs SeerForecast

Wall Street's mean price target for BLSH is $40.82 across 11 analysts, 91.5% above the current price. The average analyst rating is Buy. Our SeerForecast read of the same stock, formed without analyst targets: mixed on our tests. When the two disagree, start your digging there.

Valuation flags

Verdict history

tickerseer's rating changed 3 times after 2026-08-07 and is back where it started: mixed on our tests as of 2026-11-02.

Current P/E and rating by weekCurrent P/E moved from 54.0 to 55.1 between 2026-08-07 and 2026-10-30, against a normal P/E of 124.8, with 3 rating changes over 13 recorded weeks.2026-08-07: P/E 54.0, Mixed on our tests, recalculated for the week of 2026-08-072026-08-07: P/E 55.3, Mixed on our tests, recorded live 2026-08-102026-08-14: P/E 55.3, Mixed on our tests, recalculated for the week of 2026-08-142026-08-14: P/E 54.0, Mixed on our tests, recorded live 2026-08-172026-08-21: P/E 54.0, Mixed on our tests, recalculated for the week of 2026-08-212026-08-21: P/E 79.1, Mixed on our tests, recorded live 2026-08-242026-08-27: P/E 79.1, Mixed on our tests, recalculated for the week of 2026-08-272026-08-28: P/E 79.1, Mixed on our tests, recalculated for the week of 2026-08-282026-08-28: P/E 79.1, Mixed on our tests, recalculated for the week of 2026-08-302026-08-28: P/E 83.6, Weak on forward returns, recorded live 2026-08-312026-09-04: P/E 83.6, Weak on forward returns, recalculated for the week of 2026-09-052026-09-04: P/E 90.9, Weak on forward returns, recorded live 2026-09-072026-09-11: P/E 90.9, Weak on forward returns, recalculated for the week of 2026-09-122026-09-11: P/E 88.1, Weak on forward returns, recorded live 2026-09-142026-09-18: P/E 88.1, Weak on forward returns, recalculated for the week of 2026-09-192026-09-18: P/E 94.2, Poor on forward returns, recorded live 2026-09-212026-09-25: P/E 94.2, Poor on forward returns, recalculated for the week of 2026-09-262026-09-25: P/E 91.7, Poor on forward returns, recorded live 2026-09-282026-10-02: P/E 91.7, Poor on forward returns, recalculated for the week of 2026-10-032026-10-02: P/E 82.1, Mixed on our tests, recorded live 2026-10-052026-10-09: P/E 82.1, Mixed on our tests, recalculated for the week of 2026-10-102026-10-09: P/E 79.7, Mixed on our tests, recorded live 2026-10-122026-10-16: P/E 79.7, Mixed on our tests, recalculated for the week of 2026-10-172026-10-16: P/E 69.0, Mixed on our tests, recorded live 2026-10-192026-10-23: P/E 65.5, Mixed on our tests, recorded live 2026-10-262026-10-30: P/E 65.5, Mixed on our tests, recalculated for the week of 2026-10-312026-10-30: P/E 55.1, Mixed on our tests, recorded live 2026-11-0260.080.0100.0120.0Aug 7Aug 28Sep 18Oct 9Oct 30Normal P/E 124.8
Mixed on our testsWeak on forward returnsPoor on forward returnsLarger dot: a stronger reading

Not every point was recorded live. Points marked recalculated are worked out from the metrics tickerseer archived that week.

Selected weeks: the first, the latest, every week the rating moved, and the cheapest and dearest.

WeekCurrent P/EPremium to normal P/ERating
2026-08-07P/E 54.0-57%Mixed on our tests (recalculated)
2026-08-31P/E 83.6-33%Weak on forward returns
2026-09-21P/E 94.2-25%Poor on forward returns
2026-10-05P/E 82.1-34%Mixed on our tests
2026-11-02P/E 55.1-56%Mixed on our tests ← now
Show all 27 readings
WeekCurrent P/EPremium to normal P/ERating
2026-08-07P/E 54.0-57%Mixed on our tests (recalculated)
2026-08-10P/E 55.3-56%Mixed on our tests
2026-08-14P/E 55.3-56%Mixed on our tests (recalculated)
2026-08-17P/E 54.0-57%Mixed on our tests
2026-08-21P/E 54.0-57%Mixed on our tests (recalculated)
2026-08-24P/E 79.1-37%Mixed on our tests
2026-08-27P/E 79.1-37%Mixed on our tests (recalculated)
2026-08-28P/E 79.1-37%Mixed on our tests (recalculated)
2026-08-30P/E 79.1-37%Mixed on our tests (recalculated)
2026-08-31P/E 83.6-33%Weak on forward returns
2026-09-05P/E 83.6-33%Weak on forward returns (recalculated)
2026-09-07P/E 90.9-27%Weak on forward returns
2026-09-12P/E 90.9-27%Weak on forward returns (recalculated)
2026-09-14P/E 88.1-29%Weak on forward returns
2026-09-19P/E 88.1-29%Weak on forward returns (recalculated)
2026-09-21P/E 94.2-25%Poor on forward returns
2026-09-26P/E 94.2-25%Poor on forward returns (recalculated)
2026-09-28P/E 91.7-27%Poor on forward returns
2026-10-03P/E 91.7-27%Poor on forward returns (recalculated)
2026-10-05P/E 82.1-34%Mixed on our tests
2026-10-10P/E 82.1-34%Mixed on our tests (recalculated)
2026-10-12P/E 79.7-36%Mixed on our tests
2026-10-17P/E 79.7-36%Mixed on our tests (recalculated)
2026-10-19P/E 69.0-45%Mixed on our tests
2026-10-26P/E 65.5-47%Mixed on our tests
2026-10-31P/E 65.5-47%Mixed on our tests (recalculated)
2026-11-02P/E 55.1-56%Mixed on our tests ← now

Frequently asked questions

Is Bullish stock overvalued?

At a current P/E of 49.2 versus its historical normal P/E of 124.8, Bullish trades about 61% below its typical valuation, with a PEG of 0.85 on 57.5% forward growth. tickerseer currently rates it mixed on our tests.

What is Bullish's fair value and PEG?

Bullish trades at a current P/E of 49.2 against a historical normal P/E of 124.8, a PEG of 0.85, and a forward growth estimate of 57.5%. Priced at its historical normal P/E of 124.8 on the same blended earnings, the 2026-11-06 close of $21.31 corresponds to about $54.10 a share. This is a valuation reference, not a price target.

Has tickerseer's rating of Bullish changed?

tickerseer's rating changed 3 times after 2026-08-07 and is back where it started: mixed on our tests as of 2026-11-02.

What is the analyst price target for Bullish?

The mean Wall Street price target for Bullish is $40.82 across 11 analysts, 91.5% above the current price. tickerseer's SeerForecast verdict is formed independently of analyst targets.

Industry: Exchanges & market data. Create a free account to see the full analysis: the SeerAI score, its five quality sub-scores, valuation history, and an AI research note where we have one. Options setups and metric history are part of the paid plans.

See the full analysis →🔔 Track BLSH free: valuation & earnings alerts

Get the free weekly earnings preview

One email each Monday with the week's named earnings setups, the reasoning, and what settled last week. Strikes and sizing stay in Premium.

It's free, and you can unsubscribe any time. We also send a short product update once a month. Educational content, not investment advice.