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Butterfly Network (BFLY) Competitors

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$2.15 -0.01 (-0.56%)
Closing price 03:59 PM Eastern
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$2.22 +0.07 (+3.12%)
As of 07:42 PM Eastern
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BFLY vs. ENOV, NVCR, WRBY, SSII, CNMD, LMAT, TNDM, EYE, CDRE, and LQDA

Should you be buying Butterfly Network stock or one of its competitors? The main competitors of Butterfly Network include Enovis (ENOV), NovoCure (NVCR), Warby Parker (WRBY), SS Innovations International (SSII), CONMED (CNMD), LeMaitre Vascular (LMAT), Tandem Diabetes Care (TNDM), National Vision (EYE), Cadre (CDRE), and Liquidia (LQDA). These companies are all part of the "medical equipment" industry.

Butterfly Network vs.

Butterfly Network (NYSE:BFLY) and Enovis (NYSE:ENOV) are both small-cap medical companies, but which is the superior business? We will contrast the two businesses based on the strength of their analyst recommendations, dividends, community ranking, media sentiment, institutional ownership, earnings, profitability, valuation and risk.

Enovis received 27 more outperform votes than Butterfly Network when rated by MarketBeat users. However, 72.73% of users gave Butterfly Network an outperform vote while only 66.04% of users gave Enovis an outperform vote.

CompanyUnderperformOutperform
Butterfly NetworkOutperform Votes
8
72.73%
Underperform Votes
3
27.27%
EnovisOutperform Votes
35
66.04%
Underperform Votes
18
33.96%

Butterfly Network has a beta of 2.59, indicating that its stock price is 159% more volatile than the S&P 500. Comparatively, Enovis has a beta of 1.79, indicating that its stock price is 79% more volatile than the S&P 500.

Enovis has a net margin of -5.95% compared to Butterfly Network's net margin of -129.25%. Enovis' return on equity of 4.39% beat Butterfly Network's return on equity.

Company Net Margins Return on Equity Return on Assets
Butterfly Network-129.25% -42.68% -30.31%
Enovis -5.95%4.39%2.80%

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

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Butterfly Network$85.63M6.20-$133.70M-$0.29-7.41
Enovis$2.15B0.86-$33.26M-$13.95-2.32

Butterfly Network currently has a consensus target price of $4.00, indicating a potential upside of 86.22%. Enovis has a consensus target price of $58.00, indicating a potential upside of 79.26%. Given Butterfly Network's stronger consensus rating and higher possible upside, equities research analysts clearly believe Butterfly Network is more favorable than Enovis.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Butterfly Network
0 Sell rating(s)
0 Hold rating(s)
2 Buy rating(s)
0 Strong Buy rating(s)
3.00
Enovis
0 Sell rating(s)
1 Hold rating(s)
4 Buy rating(s)
0 Strong Buy rating(s)
2.80

37.8% of Butterfly Network shares are held by institutional investors. Comparatively, 98.4% of Enovis shares are held by institutional investors. 25.2% of Butterfly Network shares are held by company insiders. Comparatively, 2.7% of Enovis shares are held by company insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a company is poised for long-term growth.

In the previous week, Enovis had 5 more articles in the media than Butterfly Network. MarketBeat recorded 7 mentions for Enovis and 2 mentions for Butterfly Network. Enovis' average media sentiment score of 1.48 beat Butterfly Network's score of 0.84 indicating that Enovis is being referred to more favorably in the news media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Butterfly Network
1 Very Positive mention(s)
0 Positive mention(s)
1 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
Enovis
6 Very Positive mention(s)
0 Positive mention(s)
1 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

Summary

Enovis beats Butterfly Network on 10 of the 18 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 {thisCompany.Symbol} 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 NetworkX IndustryMedical SectorNYSE Exchange
Market Cap$531.18M$11.08B$5.33B$19.30B
Dividend YieldN/A1.66%5.21%3.84%
P/E Ratio-4.6716.6126.7134.53
Price / Sales6.207.77386.1334.83
Price / CashN/A11.9038.2517.51
Price / Book2.031.956.774.69
Net Income-$133.70M$344.53M$3.23B$1.02B
7 Day Performance-6.61%-4.79%1.80%-1.74%
1 Month Performance-9.37%4.83%11.10%7.50%
1 Year Performance106.54%-8.52%17.11%4.15%

Butterfly Network Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
BFLY
Butterfly Network
2.6244 of 5 stars
$2.15
-0.6%
$4.00
+86.2%
+99.5%$531.18M$85.63M-4.67460Gap Up
ENOV
Enovis
3.2537 of 5 stars
$36.67
+11.0%
$55.00
+50.0%
-35.7%$2.09B$2.15B-16.746,800Positive News
High Trading Volume
NVCR
NovoCure
3.6109 of 5 stars
$18.57
+6.8%
$32.83
+76.8%
-22.0%$2.07B$621.71M-13.261,320Positive News
Gap Up
WRBY
Warby Parker
3.085 of 5 stars
$18.88
+19.9%
$22.21
+17.6%
+18.8%$1.97B$795.09M-69.943,030Trending News
Analyst Forecast
High Trading Volume
SSII
SS Innovations International
N/A$10.15
+0.6%
N/AN/A$1.96B$20.65M0.004High Trading Volume
CNMD
CONMED
4.512 of 5 stars
$60.75
+6.4%
$62.20
+2.4%
-23.3%$1.88B$1.32B14.334,100Positive News
Dividend Announcement
LMAT
LeMaitre Vascular
2.6006 of 5 stars
$82.46
+2.7%
$98.14
+19.0%
+3.5%$1.86B$226.26M45.06490Insider Trade
TNDM
Tandem Diabetes Care
4.4982 of 5 stars
$23.45
+2.0%
$39.81
+69.8%
-56.1%$1.56B$982.95M-12.152,600Positive News
Analyst Forecast
Gap Up
EYE
National Vision
2.7647 of 5 stars
$18.76
+9.3%
$17.57
-6.3%
+18.0%$1.48B$1.82B-93.8014,000News Coverage
Positive News
Analyst Forecast
Gap Up
High Trading Volume
CDRE
Cadre
3.6227 of 5 stars
$35.75
+1.0%
$37.00
+3.5%
+5.6%$1.45B$559.81M43.072,240Gap Up
LQDA
Liquidia
3.4869 of 5 stars
$15.75
+3.2%
$27.13
+72.2%
+25.7%$1.35B$14.00M-9.6650Analyst Downgrade
Gap Up

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This page (NYSE:BFLY) was last updated on 5/22/2025 by MarketBeat.com Staff
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