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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 (-0.94%)
As of 04:06 AM Eastern
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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 better business? We will contrast the two companies based on the strength of their valuation, profitability, risk, media sentiment, analyst recommendations, dividends, earnings and institutional ownership.

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

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 insiders. Comparatively, 0.4% of LivaNova shares are held by 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.

Butterfly Network presently has a consensus price target of $5.56, indicating a potential upside of 16.74%. LivaNova has a consensus price target of $79.38, indicating 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

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

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%

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

Summary

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

How does Butterfly Network compare to Envista?

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

In the previous week, Butterfly Network and Butterfly Network 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 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
Envista
0 Very Positive mention(s)
0 Positive mention(s)
1 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

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
Butterfly Network$97.61M12.43-$77.06M-$0.30N/A
Envista$2.72B1.40$47M$0.4157.20

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
Butterfly Network-73.63% -34.41% -23.91%
Envista 2.41%7.11%3.91%

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

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

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

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
Envista
0 Sell rating(s)
9 Hold rating(s)
6 Buy rating(s)
0 Strong Buy rating(s)
2.40

Summary

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

How does Butterfly Network compare to iRhythm Technologies?

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

37.9% of Butterfly Network shares are held by institutional investors. 22.0% of Butterfly Network shares are held by insiders. Comparatively, 1.0% of iRhythm Technologies shares are held by insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a stock is poised for long-term growth.

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
Butterfly Network$97.61M12.43-$77.06M-$0.30N/A
iRhythm Technologies$747.14M4.72-$44.55M-$0.86N/A

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

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

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
iRhythm Technologies
1 Sell rating(s)
1 Hold rating(s)
12 Buy rating(s)
2 Strong Buy rating(s)
2.94

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
Butterfly Network-73.63% -34.41% -23.91%
iRhythm Technologies -3.53%-10.26%-1.39%

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 stock? We will contrast the two businesses based on the strength of their media sentiment, analyst recommendations, institutional ownership, earnings, valuation, profitability, risk and dividends.

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%

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 stock is poised for long-term growth.

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

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

MiniMed Group presently 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, 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

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?

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

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

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
Warby Parker
0 Sell rating(s)
5 Hold rating(s)
9 Buy rating(s)
0 Strong Buy rating(s)
2.64

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
Butterfly Network$97.61M12.43-$77.06M-$0.30N/A
Warby Parker$871.91M2.88$1.64M$0.021,173.90

In the previous week, Butterfly Network and Butterfly Network 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 news 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
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

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

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

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
Butterfly Network-73.63% -34.41% -23.91%
Warby Parker 0.15%2.30%1.18%

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$6.48B$23.05B
Dividend YieldN/AN/A2.67%4.10%
P/E Ratio-15.8877.5323.6930.30
Price / Sales12.437.08514.8322.46
Price / CashN/A22.8926.9918.46
Price / Book6.194.7710.434.61
Net Income-$77.06M-$54.76M$3.57B$1.07B
7 Day Performance4.38%-5.01%0.27%-2.02%
1 Month Performance14.68%0.43%3.25%-1.20%
1 Year Performance92.14%-10.03%22.24%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
2.6823 of 5 stars
$73.81
+0.0%
$79.38
+7.5%
+62.8%$4.05B$1.39B37.853,300
NVST
Envista
2.9153 of 5 stars
$23.34
-0.9%
$28.83
+23.5%
+24.9%$3.83B$2.72B56.9312,000
IRTC
iRhythm Technologies
4.3029 of 5 stars
$109.17
-4.2%
$189.69
+73.8%
-26.9%$3.74B$787.85MN/A2,400
MMED
MiniMed Group
3.4515 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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