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Butterfly Network NYSE:BFLY Stock Report

Last Price

US$0.72

Market Cap

US$150.0m

7D

-19.9%

1Y

-66.9%

Updated

23 Apr, 2024

Data

Company Financials +

Butterfly Network, Inc.

NYSE:BFLY Stock Report

Market Cap: US$150.0m

BFLY Stock Overview

Butterfly Network, Inc. develops, manufactures, and commercializes ultrasound imaging solutions in the United States and internationally.

BFLY fundamental analysis
Snowflake Score
Valuation2/6
Future Growth1/6
Past Performance0/6
Financial Health6/6
Dividends0/6

Butterfly Network, Inc. Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Butterfly Network
Historical stock prices
Current Share PriceUS$0.72
52 Week HighUS$2.71
52 Week LowUS$0.72
Beta2.04
1 Month Change-29.32%
3 Month Change-27.14%
1 Year Change-66.93%
3 Year Change-94.93%
5 Year Changen/a
Change since IPO-92.72%

Recent News & Updates

The Price Is Right For Butterfly Network, Inc. (NYSE:BFLY)

Apr 13
The Price Is Right For Butterfly Network, Inc. (NYSE:BFLY)

Is Butterfly Network (NYSE:BFLY) In A Good Position To Invest In Growth?

Mar 15
Is Butterfly Network (NYSE:BFLY) In A Good Position To Invest In Growth?

Recent updates

The Price Is Right For Butterfly Network, Inc. (NYSE:BFLY)

Apr 13
The Price Is Right For Butterfly Network, Inc. (NYSE:BFLY)

Is Butterfly Network (NYSE:BFLY) In A Good Position To Invest In Growth?

Mar 15
Is Butterfly Network (NYSE:BFLY) In A Good Position To Invest In Growth?

Butterfly Network: Progress Being Made

Jan 21

Butterfly Network, Inc.'s (NYSE:BFLY) 29% Share Price Surge Not Quite Adding Up

Jan 09
Butterfly Network, Inc.'s (NYSE:BFLY) 29% Share Price Surge Not Quite Adding Up

We're Keeping An Eye On Butterfly Network's (NYSE:BFLY) Cash Burn Rate

Dec 13
We're Keeping An Eye On Butterfly Network's (NYSE:BFLY) Cash Burn Rate

Butterfly Network: Ongoing Strategic Pivot, Substantial Cash Burn, And Structurally Unprofitable

Nov 11

Here's Why We're Watching Butterfly Network's (NYSE:BFLY) Cash Burn Situation

Sep 04
Here's Why We're Watching Butterfly Network's (NYSE:BFLY) Cash Burn Situation

Butterfly Network: Will Pivot To AI Be Enough To Restart Growth?

Aug 28

Butterfly Network: Favoring Profits And A Possible Blueprint For AI Governance

Jun 16

Is Butterfly Network (NYSE:BFLY) In A Good Position To Deliver On Growth Plans?

May 10
Is Butterfly Network (NYSE:BFLY) In A Good Position To Deliver On Growth Plans?

Butterfly Network, Inc.'s (NYSE:BFLY) P/S Is Still On The Mark Following 31% Share Price Bounce

Apr 17
Butterfly Network, Inc.'s (NYSE:BFLY) P/S Is Still On The Mark Following 31% Share Price Bounce

Butterfly Network, Inc. (NYSE:BFLY) Just Reported Earnings, And Analysts Cut Their Target Price

Mar 03
Butterfly Network, Inc. (NYSE:BFLY) Just Reported Earnings, And Analysts Cut Their Target Price

Will Butterfly Network (NYSE:BFLY) Spend Its Cash Wisely?

Jan 24
Will Butterfly Network (NYSE:BFLY) Spend Its Cash Wisely?

Butterfly Network: Outstanding Product But I Am Fearful Of The Significant Losses

Jan 17

Butterfly Network CEO Todd Fruchterman to depart, Rothberg named interim CEO

Dec 06

Butterfly Network Q3 2022 Earnings Preview

Nov 02

Butterfly Network: Bill Gates-Backed With A $12 Billion TAM

Sep 19

Is Butterfly Network (NYSE:BFLY) In A Good Position To Deliver On Growth Plans?

Sep 09
Is Butterfly Network (NYSE:BFLY) In A Good Position To Deliver On Growth Plans?

The Meta-Hurt With Special Guest Mike Saul!

Sep 01

Butterfly Network Q2 2022 Earnings Preview

Aug 02

Butterfly Network: Not The Time To Buy

Jul 12

Butterfly Network Inc.: Evaluating Another SPAC 'Dumpster Fire'

Apr 15

Language Of The Butterfly Network

Jan 27

Butterfly Network: Buying Under $10 Again

Aug 18

Butterfly Network gains after added as new best idea long at Hedgeye

Jun 16

Butterfly Network to build new corporate headquarters in Massachusetts

Jun 07

Companies Like Butterfly Network (NYSE:BFLY) Can Afford To Invest In Growth

May 16
Companies Like Butterfly Network (NYSE:BFLY) Can Afford To Invest In Growth

Shareholder Returns

BFLYUS Medical EquipmentUS Market
7D-19.9%-2.9%-3.2%
1Y-66.9%-3.7%19.3%

Return vs Industry: BFLY underperformed the US Medical Equipment industry which returned -3.7% over the past year.

Return vs Market: BFLY underperformed the US Market which returned 19.3% over the past year.

Price Volatility

Is BFLY's price volatile compared to industry and market?
BFLY volatility
BFLY Average Weekly Movement15.9%
Medical Equipment Industry Average Movement7.4%
Market Average Movement6.0%
10% most volatile stocks in US Market16.5%
10% least volatile stocks in US Market3.0%

Stable Share Price: BFLY's share price has been volatile over the past 3 months.

Volatility Over Time: BFLY's weekly volatility (16%) has been stable over the past year, but is still higher than 75% of US stocks.

About the Company

FoundedEmployeesCEOWebsite
2011225Joe DeVivowww.butterflynetwork.com

Butterfly Network, Inc. develops, manufactures, and commercializes ultrasound imaging solutions in the United States and internationally. It offers Butterfly iQ, a handheld and single-probe whole body ultrasound system; Butterfly iQ+ and iQ3 ultrasound devices that can perform whole-body imaging in a single handheld probe integrated with the clinical workflow, and accessible on a user’s smartphone, tablet, and almost any hospital computer system; and Butterfly iQ+ Vet, a handheld ultrasound system designed for veterinarians. The company also provides Butterfly system, which includes probes, and related accessories and software subscriptions to healthcare systems, physicians, and healthcare providers through a direct sales force, distributors, and eCommerce channel.

Butterfly Network, Inc. Fundamentals Summary

How do Butterfly Network's earnings and revenue compare to its market cap?
BFLY fundamental statistics
Market capUS$150.04m
Earnings (TTM)-US$133.70m
Revenue (TTM)US$65.90m

2.3x

P/S Ratio

-1.1x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
BFLY income statement (TTM)
RevenueUS$65.90m
Cost of RevenueUS$49.04m
Gross ProfitUS$16.86m
Other ExpensesUS$150.56m
Earnings-US$133.70m

Last Reported Earnings

Dec 31, 2023

Next Earnings Date

May 01, 2024

Earnings per share (EPS)-0.64
Gross Margin25.58%
Net Profit Margin-202.88%
Debt/Equity Ratio0%

How did BFLY perform over the long term?

See historical performance and comparison
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