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Butterfly Network NYSE:BFLY Stock Report

Last Price

US$1.09

Market Cap

US$231.7m

7D

13.6%

1Y

-41.4%

Updated

01 Sep, 2024

Data

Company Financials +

Butterfly Network, Inc.

NYSE:BFLY Stock Report

Market Cap: US$231.7m

BFLY Stock Overview

Develops, manufactures, and commercializes ultrasound imaging solutions in the United States and internationally.

BFLY fundamental analysis
Snowflake Score
Valuation0/6
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$1.09
52 Week HighUS$1.93
52 Week LowUS$0.67
Beta2.15
11 Month Change-3.54%
3 Month Change12.37%
1 Year Change-41.40%
33 Year Change-91.62%
5 Year Changen/a
Change since IPO-88.99%

Recent News & Updates

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

Aug 31
Is Butterfly Network (NYSE:BFLY) In A Good Position To Deliver On Growth Plans?

Recent updates

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

Aug 31
Is Butterfly Network (NYSE:BFLY) In A Good Position To Deliver On Growth Plans?

Even With A 28% Surge, Cautious Investors Are Not Rewarding Butterfly Network, Inc.'s (NYSE:BFLY) Performance Completely

Jul 31
Even With A 28% Surge, Cautious Investors Are Not Rewarding Butterfly Network, Inc.'s (NYSE:BFLY) Performance Completely

A Piece Of The Puzzle Missing From Butterfly Network, Inc.'s (NYSE:BFLY) 27% Share Price Climb

May 31
A Piece Of The Puzzle Missing From Butterfly Network, Inc.'s (NYSE:BFLY) 27% Share Price Climb

Butterfly Network, Inc. (NYSE:BFLY) Analysts Are Pretty Bullish On The Stock After Recent Results

May 04
Butterfly Network, Inc. (NYSE:BFLY) Analysts Are Pretty Bullish On The Stock After Recent Results

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

Shareholder Returns

BFLYUS Medical EquipmentUS Market
7D13.6%1.2%0.07%
1Y-41.4%12.1%22.7%

Return vs Industry: BFLY underperformed the US Medical Equipment industry which returned 12% over the past year.

Return vs Market: BFLY underperformed the US Market which returned 22.6% over the past year.

Price Volatility

Is BFLY's price volatile compared to industry and market?
BFLY volatility
BFLY Average Weekly Movement12.4%
Medical Equipment Industry Average Movement8.7%
Market Average Movement6.3%
10% most volatile stocks in US Market15.0%
10% least volatile stocks in US Market3.1%

Stable Share Price: BFLY has not had significant price volatility in the past 3 months.

Volatility Over Time: BFLY's weekly volatility (12%) 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$231.71m
Earnings (TTM)-US$108.96m
Revenue (TTM)US$71.08m

3.3x

P/S Ratio

-2.1x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
BFLY income statement (TTM)
RevenueUS$71.08m
Cost of RevenueUS$51.37m
Gross ProfitUS$19.71m
Other ExpensesUS$128.66m
Earnings-US$108.96m

Last Reported Earnings

Jun 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)-0.51
Gross Margin27.73%
Net Profit Margin-153.29%
Debt/Equity Ratio0%

How did BFLY perform over the long term?

See historical performance and comparison