MetaCap

Bullish (BLSH) vs Tenable (TENB)

Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 9, 2026.

Summary

Tenable (TENB) has outperformed Bullish (BLSH) over the past year, gaining 30.5% versus a loss of 53.4%. Bullish is the larger company by market cap ($4.98 billion vs $4.53 billion), about 1.1 times the size, while Tenable is growing revenue faster (+11.0% vs -2.2%). On valuation, Tenable trades at a lower forward P/E (18.9x vs 45.3x for Bullish).

Bullish converts more of its revenue into profit, with a net margin of -0.3% versus -3.6%.

Summary generated from market data by MetaCap's automated system. Methodology

Relative performance

BLSH-53.40%TENB+30.47%
+48%-13%-73%
Oct 8, 20251 yearOct 8, 2026
BLSH-54.83%TENB+30.95%
+39%-17%-74%
Aug 11, 20255 yearsOct 5, 2026

Percent change in share price from the first common trading day shown; excludes dividends.

Head-to-head

BLSH versus TENB key metrics
MetricBLSHTENB
Share price$32.87$41.15
Market cap$4.98B$4.53B
1-day change+4.65%+5.49%
YTD return-17.06%+65.79%
1-year return-53.40%+30.47%
5-year return—-23.28%
P/E ratio (TTM)—685.83
Forward P/E45.3418.87
EPS (TTM)$-9.70$0.06
Dividend yield0.00%0.00%
Annual dividend$0.00$0.00
Revenue (latest FY)$244.81B$999.40M
Revenue growth (YoY)-2.15%+11.04%
Net income (latest FY)$-764.68M$-36.12M
Gross margin0.03%78.09%
Operating margin—-0.92%
Net margin-0.31%-3.61%
52-week high$68.00$43.67
52-week low$20.55$15.73
Distance from 52-week high-51.66%-5.77%
Analyst consensusbuyhold
Avg. price target upside+24.19%-14.09%
Average volume1.50M4.06M
Shares outstanding151.65M110.14M
Employees3941,995
SectorFinanceTechnology
IndustryFinance: Consumer ServicesComputer Software: Prepackaged Software

Highlighted cells mark the higher value for growth, returns, margins and yield, and the lower value for P/E ratios. Highlighting is a mechanical comparison, not a recommendation.

Key differences

  • TENB has outperformed BLSH by 83.9 percentage points over the past year.
  • Tenable grew revenue faster in its latest fiscal year (+11.04% vs -2.15%).
  • The two companies sit in different sectors: Bullish in Finance and Tenable in Technology.

About Bullish

BLSH stock →

Bullish, a global digital asset platform that provides market infrastructure and information services in United States. The company operates Bullish Exchange, a digital assets spot and derivatives exchange that integrates a central limit order book matching engine with automated market making to provide deep and predictable liquidity.

Finance · Finance: Consumer Services · 394 employees

About Tenable

TENB stock →

Tenable Holdings, Inc. provides cyber exposure management solutions in the Americas, Europe, the Middle East, Africa, the Asia Pacific, and Japan.

Technology · Computer Software: Prepackaged Software · 1,995 employees

BLSH vs TENB FAQ

Which is bigger, Bullish or Tenable?

Bullish (BLSH) is larger, with a market capitalization of $4.98B compared with $4.53B for Tenable (TENB).

Which stock has performed better over the past year, BLSH or TENB?

TENB returned +30.47% over the past 12 months, compared with -53.40% for BLSH (price return, excluding dividends). Past performance does not predict future results.

Are Bullish and Tenable in the same industry?

No. Bullish is in the Finance sector, while Tenable is in Technology.

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