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Bullish

IEX • Technology • Software - Infrastructure • Quote as of 10/30/2026
Bullish stock price and volume chart

Company Profile

IndustrySoftware - Infrastructure
SectorTechnology
ExchangeIEX
Market Capitalization3,624.4 mln
Float38.42 mln
Earnings Date11/18/2026

Beneish M-Score

-4
Highly reliable

1-Year Forecast

40.82
Transformational upside

Relative Strength

4 / 100
Severely lagging

Debt / Equity

0.22
Very low leverage

Pre-Tax Margin

-405%
Severely loss-making

ROE

-46.83
Deeply negative

Business Description

Bullish is a U.S.-based company that operates across several areas of the digital asset market. Its core business is a trading exchange where buyers and sellers can trade digital assets using a system designed to ensure consistent and reliable pricing. Beyond trading, Bullish also provides financial benchmarks, real-time market data, and news and analysis services that help both individual and institutional clients stay informed about developments in digital assets and related technology. The company was founded in 2020 and is headquartered in the Cayman Islands.

Key Fundamentals

EPS-9.70
ROE-46.83
RPS2.05
ROIC1.99
ROA-37.83
Interest Cover1.77
EBITDA, mln-1,387
EV / EBITDA-3.32
EV / EBIT-3.30
Revenue, mln354
EV / Revenue13.03

Quote Details

Last 23.90
Change -4.57 (-16.05%)
Open 27.12
Volume 2,140,349
Turnover 51,154,340
Average Volume 887,333

Financial Ratios

Pre-Tax Profit Margin-405
Leverage Ratio1.28
Current Ratio23.53
Price / Book1.80
Price / Tangible Book1.87
Price / Cash Flow33.25
Price / Free Cash Flow73.08
Debt / Equity0.22
Price / Sales12.14

Financial Strength

Altman Z-Score2.22
Beneish M-Score-4
1-Year Target Price40.82
Short Ratio5.49
Short % of Float13.83

Price Performance & Relative Strength

Period Price Performance Relative Strength
1 Week -15.28% 3 / 100   
1 Month -31.22% 6 / 100   
2 Months 4.82% 79 / 100   
6 Months -39.22% 12 / 100   
1 Year -55.33% 13 / 100   



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