Butterfly Network Inc's fundamentals are relatively very healthy, with an industry-leading ESG disclosure.and its growth potential is good.Its valuation is considered fairly valued, ranking 86 out of 205 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 4.69.In the medium term, the stock price is expected to trend up.Despite a very weak market performance over the past month, the company shows strong fundamentals and technicals.The stock price is trading sideways between the support and resistance levels, making it suitable for range-bound swing trading.
Media Coverage
The current financial score of Butterfly Network Inc is 6.78, ranking 131 out of 205 in the Healthcare Equipment & Supplies industry. Its financial status is robust, and its operating efficiency is average. Its latest quarterly revenue reached 21.49M, representing a year-over-year increase of 4.51%, while its net profit experienced a year-over-year increase of 100.73%.
Key Metrics
The current valuation score of Butterfly Network Inc is 6.95, ranking 138 out of 205 in the Healthcare Equipment & Supplies industry. Its current P/E ratio is -10.04, which is -88.09% below the recent high of -1.20 and -46.45% above the recent low of -14.70.
The current earnings forecast score of Butterfly Network Inc is 8.40, ranking 32 out of 205 in the Healthcare Equipment & Supplies industry. The average price target is 4.00, with a high of 4.50 and a low of 3.25.
Data disclaimer: Analyst ratings and target prices are provided by LSEG for informational purposes only and do not constitute investment advice.
The current price momentum score of Butterfly Network Inc is 6.76, ranking 87 out of 205 in the Healthcare Equipment & Supplies industry. Currently, the stock price is trading between the resistance level at 4.55 and the support level at 2.69, making it suitable for range-bound swing trading.
The Indicators feature provides value and direction analysis for various instruments under a selection of technical indicators, together with a technical summary.
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The current institutional shareholding score of Butterfly Network Inc is 5.00, ranking 113 out of 205 in the Healthcare Equipment & Supplies industry. The latest institutional shareholding proportion is 53.05%, representing a quarter-over-quarter decrease of 0.45%. The largest institutional shareholder is Larry Robbins, holding a total of 12.76M shares, representing 5.64% of shares outstanding, with 25.09% increase in holdings.
The U.S. Dollar Index is currently in a neutral state, which has a neutral effect on the Healthcare Equipment & Supplies domestic-focused industry. The Dollar Index (DXY) measures the value of the U.S. dollar against a basket of major currencies, including the euro, yen, pound sterling, Canadian dollar, Swedish krona, and Swiss franc. The current risk assessment score of Butterfly Network Inc is 2.98, ranking 135 out of 205 in the Healthcare Equipment & Supplies industry. The company's beta value is 2.30. This indicates that the stock tends to outperform the index during upward trending markets but experiences larger declines during downward trending markets. Butterfly Network Inc’s latest ESG disclosure leads the Healthcare Equipment & Supplies industry, indicating outstanding, compliant performance across environmental management, social responsibility, and governance, which may help mitigate overall risk.
