BLSH vs WEWA vs HYPD Stock Comparison

Bullish, Wewards and Hyperion Defi Prices as of Oct 26, 2026 Peers: Industry group
BLSH Bullish
$27.63 -26.5% 1M -49.0% 1Y
Market cap
$3.71B
P/E
–
Revenue (TTM)
$190.34B
Div. yield
–
Blockchain Infrastructure Technology
3 wins
WEWA Wewards, Inc.
$2.00 0.0% 1M -5.2% 1Y
Market cap
$214.97M
P/E
–
Revenue (TTM)
—
Div. yield
–
Blockchain Infrastructure Technology
3 wins
HYPD Hyperion Defi, Inc.
$2.85 -29.5% 1M -63.2% 1Y
Market cap
$42.45M
P/E
–
Revenue (TTM)
$1.40M
Div. yield
–
Blockchain Infrastructure Technology
2 wins

Head to Head

8 decided of 12

Bullish leads on 3 of the 12 questions below (Bullish 3, Wewards 3, Hyperion Defi 2). Which ones matter depends on what you are buying for; a cheap multiple and slow growth often come together.

QuestionBLSHWEWAHYPDLeader
Larger companyMarket capitalisation $3.71B $214.97M $42.45M BLSH
Cheaper on earningsLower P/E, profitable companies only -2.7x -599.4x -2.7x –
Cheaper on forward earningsLower price / next fiscal year consensus EPS 65.8x — 0.4x HYPD
Faster revenue growthRevenue growth, trailing twelve months -26.5% — +3,052.0% HYPD
More profitableNet margin, trailing twelve months -0.7% — -1,125.2% BLSH
Better return on capitalReturn on invested capital -4.8% — — –
Less leveragedLower net debt / EBITDA 2.6x — — –
Higher dividend yieldTrailing dividend yield 0.00% — 0.00% –
Better 1-year returnPrice return, last 12 months -49.0% -5.2% -63.2% WEWA
Better 5-year returnAnnualised price return, 5 years — +131.8%/yr -61.2%/yr WEWA
Less volatileAnnualised volatility, 1 year 73.1% 5.4% 107.6% WEWA
Higher overall scoreMean of the five percentile scores vs peers 63/100 — 57/100 BLSH

Percentile Scorecard

BLSHWEWAHYPD

Each axis is the mean percentile of its metrics against the company's industry group. 100 is the best in the group, 50 the middle.

Scores by Axis

AxisBLSHWEWAHYPD
Valuation 77 #24 of 99 41 #59 of 99 19 #80 of 99
Growth 33 #63 of 94 84 #16 of 94 86 #14 of 94
Profitability 48 #47 of 90 – 36 #58 of 90
Financial Health 95 #6 of 105 – 86 #16 of 105
Shareholder Returns – – –
Overall 63 – 57
  • BLSH ranked among 109 companies in Fintech
  • WEWA ranked among 109 companies in Fintech
  • HYPD ranked among 109 companies in Fintech

Price Performance

Price return, split-adjusted, before dividends. Click a name to hide or show it.

Returns

PeriodBLSHWEWAHYPDSPY
1 month -26.5%0.0%-29.5% -0.8%
3 months +21.2%0.0%+11.3% +3.5%
6 months -29.0%0.0%-35.1% +7.0%
Year to date -27.0%-5.2%-19.9% +12.2%
1 year -49.0%-5.2%-63.2% +13.0%
3 years —-1.0%-96.7% +86.3%
3 years, per year —-0.3%-68.0% +23.1%
5 years —+6,566.7%-99.1% +68.6%
5 years, per year —+131.8%-61.2% +11.0%
10 years —+9,900.0%— +258.0%
10 years, per year —+58.5%— +13.6%

Risk

MeasureBLSHWEWAHYPDSPY
Volatility, 1Y 73.1%5.4%107.6% 12.7%
Downside volatility, 1Y 70.7%—109.2% 12.7%
Beta vs S&P 500, 1Y 2.720.013.16 1.00
Return / volatility, 1Y -0.67-0.97-0.59 1.02
Max drawdown, 5Y -70.8%-9.1%-99.8% -25.4%
From 52-week high -50.9%-5.2%-65.9% -1.8%
52-week high $56.31$2.11$8.35 $779.14
52-week low $21.79$2.00$2.34 $631.97

Valuation History

Weekly multiples on trailing twelve-month fundamentals. Negative or extreme readings (a loss year, a collapsed denominator) are left out so the chart stays readable.

MultipleBLSHWEWAHYPD
P/E now vs peer median -2.5xmedian 20.6x -599.4xmedian 20.6x -2.6xmedian 20.6x
P/S now vs peer median 0.0xmedian 2.3x —median 2.3x 31.1xmedian 2.3x
EV/EBITDA now vs peer median -32.6xmedian 15.4x —median 15.4x —median 15.4x
P/FCF now vs peer median 36.6xmedian 16.4x -5,608xmedian 16.4x -3.1xmedian 16.4x
P/B now vs peer median 1.7xmedian 1.9x 2,866,225xmedian 1.9x 0.4xmedian 1.9x
PEG now vs peer median —median 1.05 -27.22median 1.05 0.24median 1.05

Financial History

Reported figures by fiscal period, placed on the calendar year (or quarter) each period ended in, so companies with different fiscal years line up.

Trailing twelve monthsBLSHWEWAHYPD
Revenue $190.34B – $1.40M
Gross profit $71.94M – $1.10M
Operating income -$124.59M -$66.83K $4.40M
Net income -$1.43B -$358.65K $6.65M
Free cash flow $113.88M -$38.34K -$14.01M
R&D – – $908.06K
EPS (diluted) $-10.84 $0.00 $-0.92
Cash & equivalents $86.61M – $9.64M
Total debt $11.00K – $48.96M
Shares (diluted) 127.72M 107.48M 17.04M
Enterprise value -$1.11B $214.97M $10.88M

All Metrics

58 metrics · best in bold

Bold marks the best reading: the lowest positive value for multiples, leverage and payout, the highest for everything else. The bar under each value is its percentile against that company's own peers. Hover a value for its rank and the peer median.

Valuation

12 metrics
MetricBLSHWEWAHYPD
P/E -2.5x -599.4x -2.6x
P/FCF 36.6x -5,608x -3.1x
P/Operating cash flow 33.9x -5,608x -3.1x
P/S 0.0x – 31.1x
P/B 1.7x 2,866,225x 0.4x
P/Tangible book 1.7x 2,866,225x 20.8x
EV/EBITDA -32.6x – –
EV/EBIT -30.9x -3,217x 9.6x
EV/Revenue 0.0x – 30.3x
EV/FCF 33.8x -5,608x -3.0x
EV/Operating cash flow 31.3x -5,608x -3.0x
PEG (3Y EPS CAGR) – -27.22 0.24

Growth

14 metrics
MetricBLSHWEWAHYPD
Revenue growth (1Y) -26.5% – 3,052%
Revenue CAGR (3Y) – – 60.5%
Gross profit growth (1Y) -17.9% – 134.4%
Gross profit CAGR (3Y) – – –
Operating income growth (1Y) -57.2% 24.0% 111.5%
Operating income CAGR (3Y) – 35.2% 29.7%
Net income growth (1Y) -858.6% 39.7% 116.6%
Net income CAGR (3Y) – 22.0% 31.3%
EPS growth (1Y) -755.9% 39.7% 91.9%
EPS CAGR (3Y) – 22.0% -10.8%
Operating cash flow growth (1Y) 190.7% 45.2% 29.8%
Operating cash flow CAGR (3Y) – 46.2% 16.3%
Free cash flow growth (1Y) 171.4% 45.2% 29.8%
Free cash flow CAGR (3Y) – 46.2% 18.9%

Profitability

14 metrics
MetricBLSHWEWAHYPD
Gross margin 0.0% – 78.4%
EBITDA margin -0.1% – –
Operating margin -0.1% – 314.3%
Pretax margin -0.8% – 294.8%
Net margin -0.7% – -1,125%
FCF margin 0.1% – -1,000%
Operating cash flow margin 0.1% – -1,000%
Return on equity -55.4% – 5.1%
Return on assets -44.5% -191,282% 4.5%
Return on invested capital -4.8% – –
Return on capital employed -4.0% – 5.1%
Asset turnover 59.3x – 0.0x
Cash conversion (OCF / net income) -0.1x 0.1x -2.1x
Stock comp / revenue 0.0% – 267.1%

Financial Health

11 metrics
MetricBLSHWEWAHYPD
Debt / assets 0.0% – 7.5%
Debt / equity 0.0x – 0.1x
Net debt / EBITDA 2.6x – –
Debt / FCF 0.0x – -0.6x
Liabilities / assets 20.6% – 9.9%
Equity / assets 79.4% 100.0% 90.1%
Interest coverage -2.2x -0.2x 4.9x
Current ratio 23.5x – 2.3x
Quick ratio 2.5x – 1.7x
Cash ratio 2.5x – 1.7x
Altman Z-score 64.94 – 0.07

Shareholder Returns

7 metrics
MetricBLSHWEWAHYPD
Dividend yield – – –
Net buyback yield – – –
Shareholder yield – – –
Payout ratio (earnings) – – –
Payout ratio (FCF) – – –
Dividend growth (1Y) – – –
Dividend CAGR (3Y) – – –

Analyst Estimates

Solid lines are reported fiscal-year results; dashed lines are the consensus for the years ahead. Hover a year for the analysts' high and low, and how each result compared with its estimate.

ConsensusBLSHWEWAHYPD
Forward P/E 65.8xFY2026 – 0.4xFY2026
EPS, next fiscal year $0.42FY2026 – $6.78FY2026
EPS growth, next FY +40.0%FY2026 – –
EPS growth, the year after +95.2% – -62.8%
Revenue, next fiscal year $364.64MFY2026 – $7.72MFY2026
Revenue growth, next FY +26.4%FY2026 – +849.1%FY2026
Revenue growth, the year after +5.7% – +118.6%

Institutional Ownership

13F filings, quarter ended Jun 30, 2026
HoldersBLSHWEWAHYPD
Held by institutions 32.8% – 16.7%
Institutions holding 175 – 33
Change in shares held, QoQ +7.8% – +108.3%
Institutions buying 87 – 20
Institutions selling 70 – 5
Buyers to sellers 1.24 – 4.00

Return Correlation

Daily returns, last 12 months

1.00 means two stocks move in lockstep, 0 that they move independently. Pairs below about 0.5 diversify each other.

BLSHWEWAHYPD
BLSH 1.00 0.07 0.43
WEWA 0.07 1.00 0.00
HYPD 0.43 0.00 1.00

Add a Peer

Largest companies in the same industry

Related Comparisons

Frequently Asked Questions

Which is bigger, BLSH, WEWA and HYPD?

Bullish (BLSH) is the largest by market capitalisation: Bullish (BLSH) $3.71B, Wewards (WEWA) $214.97M, Hyperion Defi (HYPD) $42.45M.

Which company is growing faster?

Hyperion Defi (HYPD) grew revenue fastest over the trailing twelve months: Bullish (BLSH) -26.5%, Hyperion Defi (HYPD) +3,052.0%.

Which company is more profitable?

Bullish (BLSH) has the highest net margin (Bullish (BLSH) -0.7%, Hyperion Defi (HYPD) -1,125.2%).

Which stock has performed better?

Over the past year Wewards (WEWA) returned the most: Bullish (BLSH) -49.0%, Wewards (WEWA) -5.2%, Hyperion Defi (HYPD) -63.2%. Over five years, Wewards (WEWA) compounded fastest (Wewards (WEWA) +131.8%/yr, Hyperion Defi (HYPD) -61.2%/yr). Returns are price only, before dividends.

Which stock is riskier?

By one-year price volatility, Wewards (WEWA) has been the steadiest (Bullish (BLSH) 73.1%, Wewards (WEWA) 5.4%, Hyperion Defi (HYPD) 107.6%). Volatility measures how widely the price swings, not the risk of the business.

Which is the better stock, BLSH, WEWA and HYPD?

There is no single answer; it depends on what you are buying for. On the 12 head-to-head measures on this page, Bullish (BLSH) leads on 3. Business Quant does not give investment advice; use the comparison as a starting point for your own research.

Data from SEC filings, exchange prices and consensus estimates, via Business Quant. Percentile scores compare each company with its own peer group, so two companies' scores are each relative to different peers unless you rank against the whole market. Price returns exclude dividends. Nothing on this page is investment advice.