Butterfly Network (NYSE:BFLY - Get Free Report) is projected to release its Q1 2025 earnings data before the market opens on Friday, May 2nd. Analysts expect Butterfly Network to post earnings of ($0.09) per share and revenue of $21.16 million for the quarter.
Butterfly Network Stock Performance
BFLY traded down $0.07 on Wednesday, hitting $2.33. 1,748,882 shares of the company were exchanged, compared to its average volume of 2,881,932. The stock's fifty day moving average is $2.63 and its 200-day moving average is $3.05. Butterfly Network has a 12 month low of $0.77 and a 12 month high of $4.98. The company has a market cap of $566.01 million, a PE ratio of -5.07 and a beta of 2.60.
Insider Activity
In related news, CEO Joseph Devivo sold 320,215 shares of the firm's stock in a transaction on Friday, April 25th. The stock was sold at an average price of $2.44, for a total value of $781,324.60. Following the transaction, the chief executive officer now owns 7,249,789 shares in the company, valued at approximately $17,689,485.16. This trade represents a 4.23 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. 27.28% of the stock is owned by company insiders.
Analysts Set New Price Targets
Separately, William Blair began coverage on shares of Butterfly Network in a research note on Monday, March 17th. They set an "outperform" rating on the stock.
View Our Latest Stock Report on BFLY
Butterfly Network Company Profile
(
Get Free Report)
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.
See Also

Before you consider Butterfly Network, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Butterfly Network wasn't on the list.
While Butterfly Network currently has a Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Like this article? Share it with a colleague.
Link copied to clipboard.