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Butterfly Network (BFLY) Competitors

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$4.76 +0.20 (+4.27%)
Closing price 06/8/2026 03:59 PM Eastern
Extended Trading
$4.72 -0.04 (-0.92%)
As of 06/8/2026 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 Massive. Learn more.

BFLY vs. LIVN, NVST, IRTC, MMED, and WRBY

Should you buy Butterfly Network stock or one of its competitors? MarketBeat compares Butterfly Network with other companies and stocks that may be similar based on industry, sector, market capitalization, business model, investor interest, or shared news coverage. Companies and stocks commonly compared with Butterfly Network include LivaNova (LIVN), Envista (NVST), iRhythm Technologies (IRTC), MiniMed Group (MMED), and Warby Parker (WRBY). These companies are all part of the "medical equipment" industry.

How does Butterfly Network compare to LivaNova?

Butterfly Network (NYSE:BFLY) and LivaNova (NASDAQ:LIVN) are both medical companies, but which is the superior investment? We will contrast the two companies based on the strength of their earnings, media sentiment, dividends, profitability, institutional ownership, analyst recommendations, risk and valuation.

In the previous week, LivaNova had 3 more articles in the media than Butterfly Network. MarketBeat recorded 4 mentions for LivaNova and 1 mentions for Butterfly Network. Butterfly Network's average media sentiment score of 1.58 beat LivaNova's score of 0.06 indicating that Butterfly Network is being referred to more favorably in the media.

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

Butterfly Network has a beta of 2.22, meaning that its stock price is 122% more volatile than the broader market. Comparatively, LivaNova has a beta of 0.88, meaning that its stock price is 12% less volatile than the broader market.

37.9% of Butterfly Network shares are held by institutional investors. Comparatively, 97.6% of LivaNova shares are held by institutional investors. 22.0% of Butterfly Network shares are held by company insiders. Comparatively, 0.4% of LivaNova shares are held by company insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a company will outperform the market over the long term.

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

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Butterfly Network$97.61M12.43-$77.06M-$0.30N/A
LivaNova$1.39B2.96-$242.47M$1.9538.36

Butterfly Network currently has a consensus target price of $5.56, suggesting a potential upside of 16.74%. LivaNova has a consensus target price of $79.38, suggesting a potential upside of 6.12%. Given Butterfly Network's higher possible upside, research analysts clearly believe Butterfly Network is more favorable than LivaNova.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Butterfly Network
1 Sell rating(s)
2 Hold rating(s)
3 Buy rating(s)
0 Strong Buy rating(s)
2.33
LivaNova
0 Sell rating(s)
3 Hold rating(s)
6 Buy rating(s)
0 Strong Buy rating(s)
2.67

LivaNova has a net margin of 7.48% compared to Butterfly Network's net margin of -73.63%. LivaNova's return on equity of 16.48% beat Butterfly Network's return on equity.

Company Net Margins Return on Equity Return on Assets
Butterfly Network-73.63% -34.41% -23.91%
LivaNova 7.48%16.48%7.59%

Summary

LivaNova beats Butterfly Network on 10 of the 16 factors compared between the two stocks.

How does Butterfly Network compare to Envista?

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

Envista has a net margin of 2.41% compared to Butterfly Network's net margin of -73.63%. Envista's return on equity of 7.11% beat Butterfly Network's return on equity.

Company Net Margins Return on Equity Return on Assets
Envista2.41% 7.11% 3.91%
Butterfly Network -73.63%-34.41%-23.91%

37.9% of Butterfly Network shares are held by institutional investors. 1.0% of Envista shares are held by company insiders. Comparatively, 22.0% of Butterfly Network shares are held by company insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a company will outperform the market over the long term.

Envista has a beta of 0.88, indicating that its stock price is 12% less volatile than the broader market. Comparatively, Butterfly Network has a beta of 2.22, indicating that its stock price is 122% more volatile than the broader market.

Envista currently has a consensus price target of $28.83, indicating a potential upside of 22.94%. Butterfly Network has a consensus price target of $5.56, indicating a potential upside of 16.74%. Given Envista's stronger consensus rating and higher possible upside, equities research analysts plainly believe Envista is more favorable than Butterfly Network.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Envista
0 Sell rating(s)
9 Hold rating(s)
6 Buy rating(s)
0 Strong Buy rating(s)
2.40
Butterfly Network
1 Sell rating(s)
2 Hold rating(s)
3 Buy rating(s)
0 Strong Buy rating(s)
2.33

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

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Envista$2.72B1.40$47M$0.4157.20
Butterfly Network$97.61M12.43-$77.06M-$0.30N/A

In the previous week, Envista and Envista both had 1 articles in the media. Butterfly Network's average media sentiment score of 1.58 beat Envista's score of 0.50 indicating that Butterfly Network is being referred to more favorably in the news media.

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

Summary

Envista beats Butterfly Network on 10 of the 15 factors compared between the two stocks.

How does Butterfly Network compare to iRhythm Technologies?

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

In the previous week, iRhythm Technologies had 3 more articles in the media than Butterfly Network. MarketBeat recorded 4 mentions for iRhythm Technologies and 1 mentions for Butterfly Network. Butterfly Network's average media sentiment score of 1.58 beat iRhythm Technologies' score of 1.35 indicating that Butterfly Network is being referred to more favorably in the news media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
iRhythm Technologies
4 Very Positive mention(s)
0 Positive mention(s)
0 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
Butterfly Network
1 Very Positive mention(s)
0 Positive mention(s)
0 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Very Positive

37.9% of Butterfly Network shares are owned by institutional investors. 1.0% of iRhythm Technologies shares are owned by company insiders. Comparatively, 22.0% 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 stock will outperform the market over the long term.

iRhythm Technologies has a net margin of -3.53% compared to Butterfly Network's net margin of -73.63%. iRhythm Technologies' return on equity of -10.26% beat Butterfly Network's return on equity.

Company Net Margins Return on Equity Return on Assets
iRhythm Technologies-3.53% -10.26% -1.39%
Butterfly Network -73.63%-34.41%-23.91%

iRhythm Technologies currently has a consensus price target of $189.69, indicating a potential upside of 76.90%. Butterfly Network has a consensus price target of $5.56, indicating a potential upside of 16.74%. Given iRhythm Technologies' stronger consensus rating and higher possible upside, equities analysts clearly believe iRhythm Technologies is more favorable than Butterfly Network.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
iRhythm Technologies
1 Sell rating(s)
1 Hold rating(s)
12 Buy rating(s)
2 Strong Buy rating(s)
2.94
Butterfly Network
1 Sell rating(s)
2 Hold rating(s)
3 Buy rating(s)
0 Strong Buy rating(s)
2.33

iRhythm Technologies has higher revenue and earnings than Butterfly Network. iRhythm Technologies 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
iRhythm Technologies$747.14M4.72-$44.55M-$0.86N/A
Butterfly Network$97.61M12.43-$77.06M-$0.30N/A

iRhythm Technologies has a beta of 1.27, meaning that its stock price is 27% more volatile than the broader market. Comparatively, Butterfly Network has a beta of 2.22, meaning that its stock price is 122% more volatile than the broader market.

Summary

iRhythm Technologies beats Butterfly Network on 10 of the 17 factors compared between the two stocks.

How does Butterfly Network compare to MiniMed Group?

MiniMed Group (NASDAQ:MMED) and Butterfly Network (NYSE:BFLY) are both medical equipment companies, but which is the superior investment? We will contrast the two businesses based on the strength of their media sentiment, institutional ownership, analyst recommendations, earnings, valuation, risk, profitability and dividends.

In the previous week, MiniMed Group had 8 more articles in the media than Butterfly Network. MarketBeat recorded 9 mentions for MiniMed Group and 1 mentions for Butterfly Network. Butterfly Network's average media sentiment score of 1.58 beat MiniMed Group's score of -0.23 indicating that Butterfly Network is being referred to more favorably in the news media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
MiniMed Group
1 Very Positive mention(s)
0 Positive mention(s)
4 Neutral mention(s)
1 Negative mention(s)
0 Very Negative mention(s)
Neutral
Butterfly Network
1 Very Positive mention(s)
0 Positive mention(s)
0 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Very Positive

19.7% of MiniMed Group shares are held by institutional investors. Comparatively, 37.9% of Butterfly Network shares are held by institutional investors. 2.2% of MiniMed Group shares are held by company insiders. Comparatively, 22.0% of Butterfly Network shares are held by company insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a company will outperform the market over the long term.

MiniMed Group has a net margin of 0.00% compared to Butterfly Network's net margin of -73.63%. MiniMed Group's return on equity of 0.00% beat Butterfly Network's return on equity.

Company Net Margins Return on Equity Return on Assets
MiniMed GroupN/A N/A N/A
Butterfly Network -73.63%-34.41%-23.91%

MiniMed Group currently has a consensus price target of $21.33, suggesting a potential upside of 43.37%. Butterfly Network has a consensus price target of $5.56, suggesting a potential upside of 16.74%. Given MiniMed Group's stronger consensus rating and higher probable upside, equities analysts clearly believe MiniMed Group is more favorable than Butterfly Network.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
MiniMed Group
1 Sell rating(s)
2 Hold rating(s)
12 Buy rating(s)
0 Strong Buy rating(s)
2.73
Butterfly Network
1 Sell rating(s)
2 Hold rating(s)
3 Buy rating(s)
0 Strong Buy rating(s)
2.33

MiniMed Group has higher revenue and earnings than Butterfly Network.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
MiniMed Group$2.99B1.40N/AN/AN/A
Butterfly Network$97.61M12.43-$77.06M-$0.30N/A

Summary

MiniMed Group beats Butterfly Network on 8 of the 12 factors compared between the two stocks.

How does Butterfly Network compare to Warby Parker?

Warby Parker (NYSE:WRBY) and Butterfly Network (NYSE:BFLY) are both medical equipment companies, but which is the better business? We will compare the two businesses based on the strength of their valuation, institutional ownership, media sentiment, risk, dividends, analyst recommendations, profitability and earnings.

Warby Parker has a net margin of 0.15% compared to Butterfly Network's net margin of -73.63%. Warby Parker's return on equity of 2.30% beat Butterfly Network's return on equity.

Company Net Margins Return on Equity Return on Assets
Warby Parker0.15% 2.30% 1.18%
Butterfly Network -73.63%-34.41%-23.91%

Warby Parker presently has a consensus target price of $29.50, suggesting a potential upside of 25.65%. Butterfly Network has a consensus target price of $5.56, suggesting a potential upside of 16.74%. Given Warby Parker's stronger consensus rating and higher possible upside, research analysts plainly believe Warby Parker is more favorable than Butterfly Network.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Warby Parker
0 Sell rating(s)
5 Hold rating(s)
9 Buy rating(s)
0 Strong Buy rating(s)
2.64
Butterfly Network
1 Sell rating(s)
2 Hold rating(s)
3 Buy rating(s)
0 Strong Buy rating(s)
2.33

93.2% of Warby Parker shares are held by institutional investors. Comparatively, 37.9% of Butterfly Network shares are held by institutional investors. 16.8% of Warby Parker shares are held by company insiders. Comparatively, 22.0% of Butterfly Network shares are held by company insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a company will outperform the market over the long term.

Warby Parker has a beta of 1.96, meaning that its stock price is 96% more volatile than the broader market. Comparatively, Butterfly Network has a beta of 2.22, meaning that its stock price is 122% more volatile than the broader market.

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

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Warby Parker$871.91M2.88$1.64M$0.021,173.90
Butterfly Network$97.61M12.43-$77.06M-$0.30N/A

In the previous week, Warby Parker and Warby Parker both had 1 articles in the media. Warby Parker's average media sentiment score of 1.79 beat Butterfly Network's score of 1.58 indicating that Warby Parker is being referred to more favorably in the media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Warby Parker
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
1 Very Positive mention(s)
0 Positive mention(s)
0 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Very Positive

Summary

Warby Parker beats Butterfly Network on 12 of the 15 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$1.16B$1.53B$6.49B$23.05B
Dividend YieldN/AN/A2.67%4.10%
P/E Ratio-15.8877.5323.6830.30
Price / Sales12.437.08510.6222.46
Price / CashN/A22.8926.9918.46
Price / Book6.194.7710.284.61
Net Income-$77.06M-$54.76M$3.57B$1.07B
7 Day Performance4.38%-5.01%0.28%-2.02%
1 Month Performance14.68%0.43%3.27%-1.20%
1 Year Performance92.14%-10.03%22.22%20.56%

Butterfly Network Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
BFLY
Butterfly Network
1.9779 of 5 stars
$4.77
+4.3%
$5.56
+16.7%
+92.9%$1.16B$97.61MN/A460
LIVN
LivaNova
2.6619 of 5 stars
$73.81
+0.0%
$79.38
+7.5%
+62.8%$4.05B$1.39B37.853,300
NVST
Envista
2.9033 of 5 stars
$23.34
-0.9%
$28.83
+23.5%
+24.9%$3.83B$2.72B56.9312,000
IRTC
iRhythm Technologies
4.288 of 5 stars
$109.17
-4.2%
$189.69
+73.8%
-26.9%$3.74B$787.85MN/A2,400
MMED
MiniMed Group
3.4312 of 5 stars
$12.00
-0.3%
$21.67
+80.6%
N/A$3.37B$2.99BN/A8,000

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This page (NYSE:BFLY) was last updated on 6/9/2026 by MarketBeat.com Staff.
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