profit from every $100 of sales.
$0$100
Bullish
$22.49-2.93% today
-40.4% in 1 year
1-year low $20.711-year high $48.42
Trading close to its lowest price of the past year.
The essentials
Four questions every investor asks, answered in one line each.
more sales each year, on average, 2022 to 2025.
0%20% a year
It has no yearly profit to compare the price with.
CheapExpensive
of earnings would pay off all its debt.
No debt5 years
Money in, money out
What Bullish sold, what it kept, and what it did with the cash.
Sales went from $72.9 billion in 2022 to $245 billion in 2025, with -$765 million of profit last year.
SalesProfit
Bullish vs. similar companies
How it compares with the largest companies in its industry.
| Company | Profit from $100 of sales | Sales growth a year | Price per $1 of profit |
|---|---|---|---|
| Bullish | No profit yet | ||
 Microsoft | 29.1× · Fair price | ||
 Palantir Technologies | 249.1× · Very expensive | ||
 Oracle | 22.9× · Fair price | ||
 Palo Alto Networks | 232.6× · Very expensive |
AI analysis
An AI analyst reads Bullish's last five years, its segments, earnings, insiders and peers, and writes the bull case, the bear case and what the price expects.
Run the AI analysisFull statementsIncome, balance sheet and cash flow, year by year
Income statement
| In millions of USD | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| 72,895 | 116,508 | 250,263 | 244,970 | |
| -7 | -22 | 5 | 74 | |
| 16 | 10 | 32 | 51 | |
| -4,118 | 1,310 | 132 | -726 | |
| -4,246 | 1,299 | 79 | -765 | |
| -29.04 | 8.89 | 0.54 | -6.15 | |
| -0.0% | -0.0% | 0.0% | 0.0% | |
| 0.0% | 0.0% | 0.0% | 0.0% | |
| -5.8% | 1.1% | 0.0% | -0.3% |
Balance sheet
| In millions of USD | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| Total assets | 3,406 | 1,805 | 3,047 | 3,957 |
| Cash | 1,384 | 113 | 32 | 88 |
| Total debt | 14 | 440 | 543 | 581 |
| Total liabilities | 1,523 | 522 | 647 | 658 |
| 1,883 | 1,281 | 2,390 | 3,216 | |
| 146 | 146 | 146 | 128 | |
| -171.7% | 59.8% | 3.3% | -15.3% | |
| -225.5% | 101.4% | 3.3% | -23.8% |
Cash flow
| In millions of USD | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| 195 | -127 | -30 | 29 | |
| 1 | 1 | 4 | 52 | |
| 194 | -128 | -34 | -23 | |
| Dividends paid | 0 | 535 | 0 | 0 |
| – | – | – | – | |
| 18 | 6 | 23 | 16 |
Valuation
- –
- 36.1×
- –
- 2.0×
- 0.0×
- –
- –
- -0.7%
- -22.4%
- 0.0%
Profitability
- 0.0%
- 0.0%
- -0.3%
- -0.2%
- -0.8%
- -37.7%
- -32.5%
- -30.2%
- -0.8%
- –
Growth
- +49.8%
- –
- +100.0%
- –
- −3.3%
Financial health
- –
- 0.19
- 15.3%
- -0.4×
- 26.42
- 25.23
- 65.14
How it ranks in Technology
Each dot is where the company stands among every company over $300M in the sector. Further right is better.
Bottom 19%of 965
Bottom 20%of 973
Top 5%of 978
Bottom 20%of 981
What analysts expect
- Average price target
- $50.00
- Range
- $50.00 – $50.00
These targets were collected on May 20, 2026 and our analyst feed has not updated since, so we no longer compare them with today's price.
Recent earnings
Our results feed has not updated since May 21, 2026. Results reported after that are not in this table yet.
| Date | EPS | Expected | Surprise |
|---|---|---|---|
| May 14, 2026 | 0.13 | 0.15 | −12.9% |
| Feb 5, 2026 | 0.08 | 0.14 | −42.9% |
| Nov 19, 2025 | 0.10 | 0.10 | −3.0% |
| Sep 17, 2025 | -0.05 | -0.05 | +2.4% |
| Mar 31, 2025 | -2.35 | – | – |
| Dec 31, 2024 | 1.07 | – | – |
| Sep 30, 2024 | -0.46 | – | – |
| Jun 30, 2024 | -0.79 | – | – |
News
Jim Cramer Is Bullish on These 5 Stocks Amid Nvidia ControversyYahoo Finance · Nov 12, 2026Information technology stocks retain bullish Quant ratings despite steep YTD lossesSeeking Alpha · Nov 11, 2026Dow Jones Futures Rise As CoreWave Jumps, Lifts AI Stocks; Look For This Bullish SignalYahoo Finance · Nov 11, 2026Bullish’s New President Backs Issuer-First Model for Tokenized StocksYahoo Finance · Nov 10, 2026IREN Stock Falls Even as JPMorgan Goes BullishYahoo Finance · Nov 10, 2026Insider trades
Our insider feed has not updated since May 26, 2026. Trades filed after that are not listed yet.
No insider trades on file.
The seven classic investing rulebooks
1/7Passes 1 of 7. Each bar is how well the company fits that investor's published rules, from 0 to 100; 60 or more counts as a pass.
Warren Buffett
19No pass
Benjamin Graham
52No pass
Philip Fisher
37No pass
Peter Lynch
75Pass
Joel Greenblatt
0No pass
Charlie Munger
29No pass
Terry Smith
26No pass
Questions about Bullish
Is Bullish a good stock to buy?
A business with weak numbers that is not profitable yet. 1 of the 7 famous investors' published rulebooks we apply pass it. Whether it suits you depends on your goals and the price you pay; invest-like never tells anyone to buy or sell. The AI analysis lays out the case for and against. Read the Bullish AI analysis
What does Bullish do?
Bullish provides market infrastructure and information services in United States. It is in Software - Infrastructure, based in George Town, Cayman Islands, with 414 employees.
Does Bullish pay a dividend?
No. Bullish does not pay a dividend at the moment.
Is Bullish stock halal?
Yes. Bullish passes our halal screen: its business is permitted and its debt is 17% of its market value, under the 30% limit. How we check
How has Bullish stock done over the past year?
Down 40.4% over the past twelve months, to $22.49. It traded between $20.71 and $48.42 and is 53.6% below its high.
Who are Bullish's competitors?
The largest listed companies in the same industry are Microsoft, Palantir Technologies, Oracle and Palo Alto Networks. The peers table on this page compares their profit, growth and price with Bullish's.
Prices: daily closes to Nov 13, 2026. Fundamentals: company reports via invest-like data.