Peter Thiel-Backed Bullish Preps For Q4 Earnings: Unpacking Crypto Platform’s Analyst Estimates, Technical Signals Before Announcement

Bullish (NYSE:BLSH) will release earnings for the fourth quarter of 2025 before the bell on Thursday. Here’s what investors need to know before the announcement.

Market Estimates

Analysts estimate the cryptocurrency exchange to announce earnings per share of $0.15, a significant increase from $0.10 per share it reported in the previous quarter.

The firm is expected to report quarterly revenue of $87.77 million, up from $76.60 million in the third quarter.

The BLSH stock has a consensus price target of $53.36 based on the ratings of 12 analysts, with the highest forecast of $67 set by Citigroup on Dec. 22. Based on the three most recent ratings, the average price target stands at $53.67, suggesting roughly 85% upside potential for the stock.

BLSH: Bullish Or Bearish?

As of Dec. 31, short interest in the stock was 7.15 million …

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