> ## Documentation Index
> Fetch the complete documentation index at: https://docs.benzinga.com/llms.txt
> Use this file to discover all available pages before exploring further.

# Bulls VS Bears

> Returns the latest bullish and bearish investment cases for a given stock ticker symbol. Bull cases present positive arguments for buying a stock, while bear cases present negative arguments against it.

<ResponseExample>
  ```json Response (200 OK) theme={null}
  {
    "bulls_say_bears_say": [
      {
        "bear_case": "The analysis highlights a 3.6% year-over-year decline in sales from China, which raises concerns about market performance in a key region. Additionally, while gross margins remain stable at approximately 47% year-over-year, increasing operating expenses pose a risk to profitability. Furthermore, potential sluggish growth in iPhone sales and the possibility of a decline in Apple's reputation could place downward pressure on the company's valuation, leading to apprehension among investors.",
        "bull_case": "Apple's fourth-quarter sales increased 8% to $102.5 billion, aligning closely with estimates and supporting a projected total sales growth of 10% to 12% in the upcoming quarter, driven primarily by a robust performance in iPhone sales. The company also reported an operating income of $32.4 billion, reflecting a 10% year-over-year increase, and services revenue growth of 15%, contributing positively to gross margin dynamics. Additionally, with anticipated growth in the China region and strategic investments in AI and product development, Apple is positioned for sustainable long-term growth despite rising operational expenditures.",
        "id": "6951d73e304f6ecd69d00189",
        "securities": [
          {
            "cik": "0000320193",
            "exchange": "NASDAQ Global Select Consolidated",
            "isin": "US0378331005",
            "name": "APPLE INC",
            "symbol": "AAPL"
          }
        ],
        "ticker": "AAPL",
        "updated": 1766971198
      }
    ]
  }
  ```

  ```json Response (401 Unauthorized) theme={null}
  {
    "ok": false,
    "errors": [
      {
        "code": "auth_failed",
        "id": "unauthorized",
        "value": "Invalid or missing authentication token"
      }
    ]
  }
  ```

  ```json Response (404 Not Found) theme={null}
  {
    "ok": false,
    "errors": [
      {
        "code": "no_data_found",
        "id": "not_found",
        "value": "No data found for the specified parameters"
      }
    ]
  }
  ```

  ```json Response (500 Internal Server Error) theme={null}
  {
    "ok": false,
    "errors": [
      {
        "code": "internal_server_error",
        "id": "server_error",
        "value": "An unexpected error occurred while processing your request"
      }
    ]
  }
  ```
</ResponseExample>


## OpenAPI

````yaml /openapi/calendar_api.spec.yml GET /api/v1/bulls_bears_say
openapi: 3.0.0
info:
  contact: {}
  description: >-
    This REST API returns structured data for conference calls, dividends,
    earnings (and future earnings dates), economics, pharmaceutical
    announcements, guidance, IPOs, secondary offerings, ratings, M&A activity,
    and splits.
  termsOfService: http://swagger.io/terms/
  title: Calendar API
  version: 2.1.0
servers:
  - url: https://api.benzinga.com
    description: PROD
security: []
paths:
  /api/v1/bulls_bears_say:
    get:
      tags:
        - Bulls Say Bears Say
      summary: Latest bull and bear cases for a given ticker symbol
      description: >-
        Returns the latest bullish and bearish investment cases for a given
        stock ticker symbol. Bull cases present positive arguments for buying a
        stock, while bear cases present negative arguments against it.
      operationId: get-bulls-say-bears-say-v1
      parameters:
        - description: Stock ticker symbol to query for bull/bear cases
          in: query
          name: symbols
          required: true
          schema:
            type: string
        - description: >-
            Page offset. For optimization, performance and technical reasons,
            page offsets are limited from 0 - 100000. Limit the query results by
            other parameters such as date. Default is 0
          in: query
          name: page
          schema:
            type: integer
            default: 0
        - description: Number of results to be returned. Limit 200
          in: query
          name: pagesize
          schema:
            type: integer
            maximum: 200
            default: 100
        - description: >-
            Records last Updated Unix timestamp (UTC). This will force the sort
            order to be Greater Than or Equal to the timestamp indicated
          in: query
          name: parameters[updated]
          schema:
            type: integer
      responses:
        '200':
          description: An array of bull and bear cases for the requested ticker symbol
          content:
            application/json:
              schema:
                $ref: '#/components/schemas/api.BullsSayBearsSayResponse'
        '400':
          description: Bad Request
          content:
            application/json:
              schema:
                $ref: '#/components/schemas/api.ErrorResponse'
        '401':
          description: Authentication information is missing or invalid
          content:
            application/json:
              schema:
                $ref: '#/components/schemas/api.ErrorResponse'
        '404':
          description: A bull/bear case for the provided ticker symbol was not found
          content:
            application/json:
              schema:
                $ref: '#/components/schemas/api.ErrorResponse'
        '500':
          description: Internal Server Error
          content:
            application/json:
              schema:
                $ref: '#/components/schemas/api.ErrorResponse'
      security:
        - ApiKeyAuth: []
components:
  schemas:
    api.BullsSayBearsSayResponse:
      description: API response containing an array of bulls say bears say records
      properties:
        bulls-say-bears-say:
          items:
            $ref: '#/components/schemas/calendarapi.BullsSayBearsSay'
          type: array
      type: object
    api.ErrorResponse:
      properties:
        text:
          type: string
      type: object
    calendarapi.BullsSayBearsSay:
      properties:
        analyst_firms_referenced:
          example: 12
          type: integer
        bear_case:
          example: Market saturation and competitive pressures
          type: string
        bull_case:
          example: Strong product pipeline and ecosystem lock-in effect
          type: string
        created:
          example: 1704819000
          type: integer
        exchange:
          example: NASDAQ
          type: string
        id:
          example: 60a7f5e8e4b0f5a3c8e9f5c0
          type: string
        latest:
          example: true
          type: boolean
        securities:
          items:
            properties:
              cik:
                example: '320193'
                type: string
              exchange:
                example: NASDAQ
                type: string
              isin:
                example: US0378331005
                type: string
              name:
                example: Apple Inc.
                type: string
              symbol:
                example: AAPL
                type: string
            type: object
          type: array
        ticker:
          example: AAPL
          type: string
        updated:
          example: 1704819600
          type: integer
      type: object
  securitySchemes:
    ApiKeyAuth:
      in: query
      name: token
      type: apiKey

````