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Butterfly Network (BFLY) Competitors

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$1.96 -0.12 (-5.56%)
Closing price 09/25/2025 03:59 PM Eastern
Extended Trading
$1.94 -0.02 (-0.77%)
As of 09/25/2025 07:57 PM Eastern
Extended trading is trading that happens on electronic markets outside of regular trading hours. This is a fair market value extended hours price provided by Polygon.io. Learn more.

BFLY vs. NVCR, CDRE, BLFS, BBNX, SSII, KMTS, ESTA, MDXG, PLSE, and INMD

Should you be buying Butterfly Network stock or one of its competitors? The main competitors of Butterfly Network include NovoCure (NVCR), Cadre (CDRE), BioLife Solutions (BLFS), Beta Bionics (BBNX), SS Innovations International (SSII), Kestra Medical Technologies (KMTS), Establishment Labs (ESTA), MiMedx Group (MDXG), Pulse Biosciences (PLSE), and InMode (INMD). These companies are all part of the "medical equipment" industry.

Butterfly Network vs. Its Competitors

NovoCure (NASDAQ:NVCR) and Butterfly Network (NYSE:BFLY) are both small-cap medical companies, but which is the better stock? We will contrast the two companies based on the strength of their earnings, institutional ownership, valuation, risk, dividends, profitability, media sentiment and analyst recommendations.

NovoCure has a net margin of -27.13% compared to Butterfly Network's net margin of -71.79%. Butterfly Network's return on equity of -30.53% beat NovoCure's return on equity.

Company Net Margins Return on Equity Return on Assets
NovoCure-27.13% -47.74% -13.79%
Butterfly Network -71.79%-30.53%-21.80%

NovoCure presently has a consensus price target of $28.79, suggesting a potential upside of 125.24%. Butterfly Network has a consensus price target of $3.00, suggesting a potential upside of 53.45%. Given NovoCure's higher possible upside, analysts plainly believe NovoCure is more favorable than Butterfly Network.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
NovoCure
0 Sell rating(s)
3 Hold rating(s)
4 Buy rating(s)
0 Strong Buy rating(s)
2.57
Butterfly Network
0 Sell rating(s)
1 Hold rating(s)
3 Buy rating(s)
0 Strong Buy rating(s)
2.75

In the previous week, Butterfly Network had 6 more articles in the media than NovoCure. MarketBeat recorded 8 mentions for Butterfly Network and 2 mentions for NovoCure. NovoCure's average media sentiment score of 1.79 beat Butterfly Network's score of 0.51 indicating that NovoCure is being referred to more favorably in the media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
NovoCure
1 Very Positive mention(s)
0 Positive mention(s)
0 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Very Positive
Butterfly Network
2 Very Positive mention(s)
2 Positive mention(s)
3 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

Butterfly Network has lower revenue, but higher earnings than NovoCure. NovoCure is trading at a lower price-to-earnings ratio than Butterfly Network, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
NovoCure$605.22M2.36-$168.63M-$1.56-8.19
Butterfly Network$82.06M6.00-$72.49M-$0.28-6.98

NovoCure has a beta of 0.58, indicating that its share price is 42% less volatile than the S&P 500. Comparatively, Butterfly Network has a beta of 2.52, indicating that its share price is 152% more volatile than the S&P 500.

84.6% of NovoCure shares are owned by institutional investors. Comparatively, 37.9% of Butterfly Network shares are owned by institutional investors. 5.5% of NovoCure shares are owned by company insiders. Comparatively, 25.2% of Butterfly Network shares are owned by company insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a company will outperform the market over the long term.

Summary

Butterfly Network beats NovoCure on 9 of the 16 factors compared between the two stocks.

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New MarketBeat Followers Over Time

This chart shows the number of new MarketBeat users adding BFLY and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
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Media Sentiment Over Time

This chart shows the average media sentiment of NYSE and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
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BFLY vs. The Competition

MetricButterfly NetworkMEDICAL INFO SYS IndustryMedical SectorNYSE Exchange
Market Cap$521.10M$2.13B$5.75B$21.61B
Dividend YieldN/AN/A5.75%3.52%
P/E Ratio-6.9836.0275.7729.18
Price / Sales6.0010.67544.6259.53
Price / CashN/A58.9837.5424.32
Price / Book2.4710.8312.874.52
Net Income-$72.49M-$63.46M$3.29B$1.00B
7 Day Performance5.39%0.23%0.28%-0.84%
1 Month Performance23.34%-0.96%2.87%1.80%
1 Year Performance29.04%33.37%65.66%12.54%

Butterfly Network Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
BFLY
Butterfly Network
3.2518 of 5 stars
$1.96
-5.6%
$3.00
+53.5%
+26.9%$521.10M$82.06M-6.98460Gap Up
NVCR
NovoCure
4.3186 of 5 stars
$12.72
+4.7%
$28.79
+126.3%
-19.9%$1.36B$605.22M-8.151,488Positive News
CDRE
Cadre
1.9284 of 5 stars
$32.72
+0.6%
$31.50
-3.7%
-4.4%$1.32B$567.56M34.812,284Positive News
BLFS
BioLife Solutions
2.9581 of 5 stars
$25.80
+1.1%
$31.29
+21.3%
+0.8%$1.22B$82.25M-214.98440
BBNX
Beta Bionics
1.3204 of 5 stars
$25.31
-4.2%
$22.56
-10.9%
N/A$1.15B$65.12M0.00294Analyst Forecast
SSII
SS Innovations International
N/A$5.40
-6.9%
N/AN/A$1.12B$20.65M0.004
KMTS
Kestra Medical Technologies
0.829 of 5 stars
$22.68
+3.9%
$27.33
+20.5%
N/A$1.12B$59.81M0.00300Positive News
High Trading Volume
ESTA
Establishment Labs
2.3419 of 5 stars
$36.84
-1.7%
$56.50
+53.4%
-2.0%$1.09B$166.02M0.001,018Positive News
MDXG
MiMedx Group
3.382 of 5 stars
$6.97
+0.4%
$12.00
+72.2%
+19.1%$1.03B$348.88M23.13870Positive News
PLSE
Pulse Biosciences
4.165 of 5 stars
$15.74
+8.4%
$22.00
+39.8%
+0.9%$977.14M$700K-14.99140Positive News
Insider Trade
Gap Up
High Trading Volume
INMD
InMode
2.7414 of 5 stars
$14.86
+0.2%
$18.04
+21.4%
-10.1%$937.39M$394.82M6.02480Positive News

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This page (NYSE:BFLY) was last updated on 9/26/2025 by MarketBeat.com Staff
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