NYSE:BFLY

Butterfly Network (BFLY) Stock Price, News & Analysis

$0.94
+0.02 (+2.17%)
(As of 05/3/2024 ET)
Today's Range
$0.91
$1.05
50-Day Range
$0.71
$1.50
52-Week Range
$0.67
$2.71
Volume
5.07 million shs
Average Volume
1.51 million shs
Market Capitalization
$196.33 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
N/A

Butterfly Network MarketRank™ Stock Analysis

Analyst Rating
N/A
Upside/​Downside
N/A
Short Interest
Bearish
15.25% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
0.42mentions of Butterfly Network in the last 14 days
Based on 14 Articles This Week
Insider Trading
Selling Shares
$5,142 Sold Last Quarter
Proj. Earnings Growth
Growing
From ($0.43) to ($0.42) Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

0.30 out of 5 stars

Medical Sector

879th out of 904 stocks

X - Ray Apparatus & Tubes Industry

5th out of 5 stocks

BFLY stock logo

About Butterfly Network Stock (NYSE:BFLY)

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. In addition, it offers cloud-based software solutions to healthcare systems, teleguidance, in-app educational tutorials, and formal education programs through its Butterfly Academy software, as well as professional services for large scale deployments; and ScanLab, an education-only app provides written walkthroughs and reference imagery to guide real-time educational scanning, enhancing the learning process. Butterfly Network, Inc. was founded in 2011 and is headquartered in Burlington, Massachusetts.

BFLY Stock Price History

BFLY Stock News Headlines

The Next Nvidia?
The Next Nvidia? Wall Street legend has just uncovered one tiny Maryland company that could become the next Nvidia. Few in the media are talking about this story yet… but in the next 6 months that’s all they’ll talk about.
Q1 2024 Butterfly Network Inc Earnings Call
The Next Nvidia?
The Next Nvidia? Wall Street legend has just uncovered one tiny Maryland company that could become the next Nvidia. Few in the media are talking about this story yet… but in the next 6 months that’s all they’ll talk about.
Butterfly Network (BFLY) Set to Announce Earnings on Wednesday
See More Headlines
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Company Calendar

Last Earnings
5/01/2024
Today
5/05/2024
Next Earnings (Estimated)
8/01/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Sector
Medical
Industry
X - ray apparatus & tubes
Sub-Industry
N/A
Fax
N/A
Employees
225
Year Founded
N/A

Profitability

Net Income
$-133,700,000.00
Net Margins
-179.09%
Pretax Margin
-179.09%

Debt

Sales & Book Value

Annual Sales
$65.90 million
Book Value
$0.98 per share

Miscellaneous

Free Float
151,626,000
Market Cap
$196.33 million
Optionable
Optionable
Beta
2.10
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Key Executives

  • Dr. Jonathan M. Rothberg Ph.D. (Age 60)
    Founder & Director
    Comp: $67.5k
  • Ms. Heather C. Getz CPA (Age 49)
    M.B.A., Executive VP, CFO & COO
    Comp: $974.03k
  • Dr. Andrei G. Stoica Ph.D. (Age 51)
    Chief Technology Officer
    Comp: $993.63k
  • Mr. Joseph M. DeVivo (Age 57)
    CEO, President & Chairman of the Board
  • Mr. David H. Ramsey (Age 54)
    Chief Information Officer
  • Mr. Darius ShahidaMr. Darius Shahida (Age 32)
    Chief Strategy Officer & Chief Business Development Officer
    Comp: $1.63M
  • Dr. John Martin F.A.C.S. (Age 65)
    M.B.A., M.D., Chief Medical Officer
  • Mr. John S. Soto (Age 60)
    Senior Vice President of International Sales
  • Mr. Mark Fullenwider
    President of Golden Queen Mining LLC

BFLY Stock Analysis - Frequently Asked Questions

How have BFLY shares performed in 2024?

Butterfly Network's stock was trading at $1.08 at the start of the year. Since then, BFLY shares have decreased by 12.7% and is now trading at $0.9433.
View the best growth stocks for 2024 here
.

Are investors shorting Butterfly Network?

Butterfly Network saw a increase in short interest in the month of March. As of March 31st, there was short interest totaling 21,780,000 shares, an increase of 9.4% from the March 15th total of 19,900,000 shares. Based on an average trading volume of 1,790,000 shares, the days-to-cover ratio is currently 12.2 days. Currently, 14.9% of the company's shares are sold short.
View Butterfly Network's Short Interest
.

When is Butterfly Network's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, August 1st 2024.
View our BFLY earnings forecast
.

How were Butterfly Network's earnings last quarter?

Butterfly Network, Inc. (NYSE:BFLY) issued its earnings results on Wednesday, May, 1st. The company reported ($0.07) earnings per share (EPS) for the quarter, beating analysts' consensus estimates of ($0.12) by $0.05. The firm had revenue of $17.66 million for the quarter, compared to analyst estimates of $17.13 million. Butterfly Network had a negative net margin of 179.09% and a negative trailing twelve-month return on equity of 47.83%. During the same period in the prior year, the business posted ($0.17) earnings per share.

What ETFs hold Butterfly Network's stock?

ETFs with the largest weight of Butterfly Network (NYSE:BFLY) stock in their portfolio include Direxion Moonshot Innovators ETF (MOON).ARK Genomic Revolution ETF (ARKG).

What guidance has Butterfly Network issued on next quarter's earnings?

Butterfly Network updated its FY 2024 earnings guidance on Wednesday, May, 1st. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $75.0 million-$80.0 million, compared to the consensus revenue estimate of $72.9 million.

Who are Butterfly Network's major shareholders?

Butterfly Network's stock is owned by a number of institutional and retail investors. Top institutional shareholders include Nikko Asset Management Americas Inc. (0.39%), Sumitomo Mitsui Trust Holdings Inc. (0.39%), GSA Capital Partners LLP (0.27%), Mirae Asset Global Investments Co. Ltd. (0.20%) and Concourse Financial Group Securities Inc. (0.00%). Insiders that own company stock include Andrei G Stoica, Darius Shahida, David Perri, Heather C Getz, Joseph Devivo, Larry Robbins, Lawrence T Weiss, Mary Miller, Stacey Pugh, Stephanie Fielding, Todd Fruchterman and Troy Quander.
View institutional ownership trends
.

How do I buy shares of Butterfly Network?

Shares of BFLY stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NYSE:BFLY) was last updated on 5/5/2024 by MarketBeat.com Staff

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