Butterfly Network Inc's fundamentals are relatively very healthy, and its growth potential is good.Its valuation is considered fairly valued, ranking 69/206 in the Healthcare Equipment & Supplies industry.Institutional ownership is very high.Over the past month, multiple analysts have rated it as Buy, with the highest price target at 3.92.In the medium term, the stock price is expected to trend up.The company has been performing strongly in the stock market over the past month, which is supported by its strong fundamentals and technicals.The stock price is trading sideways between the support and resistance levels, making it suitable for range-bound swing trading.
Butterfly Network Inc's Score
Industry at a Glance
Industry Ranking
69 / 206
Overall Ranking
165 / 4562
Industry
Healthcare Equipment & Supplies
Support & Resistance
Relevant data have not been disclosed by the company yet.
Score Analysis
Current score
Previous score
Analyst Rating
Based on
4
analysts
Buy
Current Rating
3.917
Target Price
+24.73%
Upside Space
Data disclaimer: Analyst ratings and target prices are provided by LSEG for informational purposes only and do not constitute investment advice.
Butterfly Network Inc Highlights
StrengthsRisks
Butterfly Network, Inc. is a healthcare company focused on medical imaging with its Ultrasound-on-Chip semiconductor technology and ultrasound software solutions. The Company's solution, leveraging its Ultrasound-on-Chip technology, enables the practical application of ultrasound information into the clinical workflow. Its product portfolio includes a combination of hardware and software, including Butterfly iQ3, Butterfly iQ+, Butterfly iQ+ Bladder, and Butterfly iQ+ Vet devices, software subscriptions, and professional services. It offers cloud-based software solutions to healthcare systems, teleguidance, in-app educational tutorials as well as its ScanLab education-only app, formal education programs through its Butterfly Academy software and Butterfly Certified courses, as well as professional services for large scale deployments. Its devices are commercially available to trained healthcare practitioners in areas including, but not limited to, parts of Africa, Asia, and Australia.
Growing
The company is in a growing phase, with the latest annual income totaling USD 82.06M.
Undervalued
The company’s latest PE is -11.73, at a low 3-year percentile range.
Institutional Buying
The latest institutional holdings are 92.44M shares, increasing 2.73% quarter-over-quarter.
Butterfly Network, Inc. is a healthcare company focused on medical imaging with its Ultrasound-on-Chip semiconductor technology and ultrasound software solutions. The Company's solution, leveraging its Ultrasound-on-Chip technology, enables the practical application of ultrasound information into the clinical workflow. Its product portfolio includes a combination of hardware and software, including Butterfly iQ3, Butterfly iQ+, Butterfly iQ+ Bladder, and Butterfly iQ+ Vet devices, software subscriptions, and professional services. It offers cloud-based software solutions to healthcare systems, teleguidance, in-app educational tutorials as well as its ScanLab education-only app, formal education programs through its Butterfly Academy software and Butterfly Certified courses, as well as professional services for large scale deployments. Its devices are commercially available to trained healthcare practitioners in areas including, but not limited to, parts of Africa, Asia, and Australia.
Ticker SymbolBFLY
CompanyButterfly Network Inc
CEODevivo (Joseph M)
Websitehttps://www.butterflynetwork.com/
FAQs
What is the current price of Butterfly Network Inc (BFLY)?
The current price of Butterfly Network Inc (BFLY) is 3.945.
What is the symbol of Butterfly Network Inc?
The ticker symbol of Butterfly Network Inc is BFLY.
What is the 52-week high of Butterfly Network Inc?
The 52-week high of Butterfly Network Inc is 4.980.
What is the 52-week low of Butterfly Network Inc?
The 52-week low of Butterfly Network Inc is 1.320.
What is the market capitalization of Butterfly Network Inc?
The market capitalization of Butterfly Network Inc is 996.25M.
What is the net income of Butterfly Network Inc?
The net income of Butterfly Network Inc is -72.49M.
Is Butterfly Network Inc (BFLY) currently rated as Buy, Hold, or Sell?
According to analysts, Butterfly Network Inc (BFLY) has an overall rating of Buy, with a price target of 3.917.
What is the Earnings Per Share (EPS TTM) of Butterfly Network Inc (BFLY)?
The Earnings Per Share (EPS TTM) of Butterfly Network Inc (BFLY) is -0.337.