We recently published an article titled 13 High Growth Cloud Stocks to Buy.
On January 27, JPMorgan analyst Kenneth Worthington lowered the firm’s price target on Bullish (NYSE:BLSH) to $42 from $45 while maintaining a Neutral rating on the shares. The adjustment followed updates to JPMorgan’s model ahead of earnings, incorporating the company’s December monthly metrics. While the lower target reflects tempered near-term expectations, the maintained rating suggests the firm views Bullish’s current valuation as more balanced relative to its operating trends.
Institutional interest in Bullish remains notable. Cathie Wood’s Ark Invest added approximately $6.0 million worth of Bullish (NYSE:BLSH) shares, signaling confidence in the company’s longer-term positioning within the digital asset ecosystem. Rather than making a directional bet on cryptocurrency prices alone, Ark’s investment highlights Bullish’s role as core infrastructure supporting digital asset trading, which could benefit as market activity stabilizes and participation rebounds.
Founded in 2020 and headquartered in George Town, Cayman Islands, Bullish (NYSE:BLSH) operates a regulated cryptocurrency exchange with licenses across major global jurisdictions, including Germany, Hong Kong, Gibraltar, and New York State. As regulatory clarity and institutional participation continue to shape the crypto landscape, Bullish’s compliance-focused exchange model and global footprint position it as a differentiated player in the evolving digital asset market.
While we acknowledge the potential of BLSH as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you’re looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.
READ NEXT: 8 Up and Coming Streaming Companies and Services and 9 High Growth Canadian Stocks to Buy
Disclosure: None.
