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Butterfly Network (BFLY) Competitors

Butterfly Network logo
$4.12 +0.28 (+7.16%)
Closing price 03:59 PM Eastern
Extended Trading
$4.07 -0.05 (-1.22%)
As of 07:38 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. IRTC, LIVN, NVST, LQDA, 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 iRhythm Technologies (IRTC), LivaNova (LIVN), Envista (NVST), Liquidia (LQDA), and Warby Parker (WRBY). These companies are all part of the "medical equipment" industry.

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

Butterfly Network has a beta of 2.27, meaning that its share price is 127% more volatile than the broader market. Comparatively, iRhythm Technologies has a beta of 1.33, meaning that its share price is 33% more volatile than the broader market.

In the previous week, iRhythm Technologies had 10 more articles in the media than Butterfly Network. MarketBeat recorded 10 mentions for iRhythm Technologies and 0 mentions for Butterfly Network. iRhythm Technologies' average media sentiment score of 0.57 beat Butterfly Network's score of 0.42 indicating that iRhythm Technologies is being referred to more favorably in the news media.

Company Overall Sentiment
Butterfly Network Neutral
iRhythm Technologies Positive

Butterfly Network presently has a consensus price target of $5.56, indicating a potential upside of 35.18%. iRhythm Technologies has a consensus price target of $191.85, indicating a potential upside of 68.52%. Given iRhythm Technologies' stronger consensus rating and higher possible upside, analysts clearly 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)
11 Buy rating(s)
2 Strong Buy rating(s)
2.93

37.9% of Butterfly Network shares are owned by institutional investors. 25.2% of Butterfly Network shares are owned by insiders. Comparatively, 1.0% of iRhythm Technologies shares are owned by insiders. Strong institutional ownership is an indication that large money managers, endowments 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
Butterfly Network-73.63% -34.41% -23.91%
iRhythm Technologies -3.53%-10.26%-1.39%

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$97.61M10.73-$77.06M-$0.30N/A
iRhythm Technologies$747.14M5.01-$44.55M-$0.86N/A

Summary

iRhythm Technologies beats Butterfly Network on 11 of the 17 factors compared between the two stocks.

How does Butterfly Network compare to LivaNova?

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

In the previous week, LivaNova had 2 more articles in the media than Butterfly Network. MarketBeat recorded 2 mentions for LivaNova and 0 mentions for Butterfly Network. LivaNova's average media sentiment score of 0.51 beat Butterfly Network's score of 0.42 indicating that LivaNova is being referred to more favorably in the media.

Company Overall Sentiment
LivaNova Positive
Butterfly Network Neutral

LivaNova has a beta of 0.82, suggesting that its stock price is 18% less volatile than the broader market. Comparatively, Butterfly Network has a beta of 2.27, suggesting that its stock price is 127% more volatile than the broader market.

LivaNova presently has a consensus price target of $77.22, suggesting a potential upside of 5.94%. Butterfly Network has a consensus price target of $5.56, suggesting a potential upside of 35.18%. Given Butterfly Network's higher possible upside, analysts clearly believe Butterfly Network is more favorable than LivaNova.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
LivaNova
0 Sell rating(s)
3 Hold rating(s)
7 Buy rating(s)
0 Strong Buy rating(s)
2.70
Butterfly Network
1 Sell rating(s)
2 Hold rating(s)
3 Buy rating(s)
0 Strong Buy rating(s)
2.33

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
LivaNova7.48% 16.48% 7.59%
Butterfly Network -73.63%-34.41%-23.91%

Butterfly Network has lower revenue, but higher earnings 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
LivaNova$1.39B2.88-$242.47M$1.9537.38
Butterfly Network$97.61M10.73-$77.06M-$0.30N/A

97.6% of LivaNova shares are held by institutional investors. Comparatively, 37.9% of Butterfly Network shares are held by institutional investors. 0.4% of LivaNova shares are held by insiders. Comparatively, 25.2% of Butterfly Network 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.

Summary

LivaNova beats Butterfly Network on 11 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 business? We will contrast the two companies based on the strength of their institutional ownership, risk, analyst recommendations, profitability, media sentiment, dividends, earnings and valuation.

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$2.72B1.38$47M$0.4156.26
Butterfly Network$97.61M10.73-$77.06M-$0.30N/A

In the previous week, Envista had 5 more articles in the media than Butterfly Network. MarketBeat recorded 5 mentions for Envista and 0 mentions for Butterfly Network. Envista's average media sentiment score of 0.54 beat Butterfly Network's score of 0.42 indicating that Envista is being referred to more favorably in the media.

Company Overall Sentiment
Envista Positive
Butterfly Network Neutral

Envista currently has a consensus price target of $28.83, indicating a potential upside of 25.01%. Butterfly Network has a consensus price target of $5.56, indicating a potential upside of 35.18%. Given Butterfly Network's higher possible upside, analysts clearly believe Butterfly Network is more favorable than Envista.

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

37.9% of Butterfly Network shares are owned by institutional investors. 1.0% of Envista shares are owned by insiders. Comparatively, 25.2% of Butterfly Network shares are owned by insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a company is poised for long-term growth.

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%

Envista has a beta of 0.92, meaning that its share price is 8% less volatile than the broader market. Comparatively, Butterfly Network has a beta of 2.27, meaning that its share price is 127% more volatile than the broader market.

Summary

Envista beats Butterfly Network on 11 of the 16 factors compared between the two stocks.

How does Butterfly Network compare to Liquidia?

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

Butterfly Network has a beta of 2.27, indicating that its share price is 127% more volatile than the broader market. Comparatively, Liquidia has a beta of 0.41, indicating that its share price is 59% less volatile than the broader market.

Butterfly Network presently has a consensus target price of $5.56, indicating a potential upside of 35.18%. Liquidia has a consensus target price of $49.33, indicating a potential downside of 17.75%. Given Butterfly Network's higher possible upside, research analysts plainly believe Butterfly Network is more favorable than Liquidia.

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
Liquidia
2 Sell rating(s)
0 Hold rating(s)
7 Buy rating(s)
3 Strong Buy rating(s)
2.92

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

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Butterfly Network$97.61M10.73-$77.06M-$0.30N/A
Liquidia$158.32M33.69-$68.92M$0.14428.43

37.9% of Butterfly Network shares are owned by institutional investors. Comparatively, 64.5% of Liquidia shares are owned by institutional investors. 25.2% of Butterfly Network shares are owned by company insiders. Comparatively, 25.6% of Liquidia shares are owned by company insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a stock is poised for long-term growth.

Liquidia has a net margin of 7.74% compared to Butterfly Network's net margin of -73.63%. Liquidia's return on equity of 46.82% beat Butterfly Network's return on equity.

Company Net Margins Return on Equity Return on Assets
Butterfly Network-73.63% -34.41% -23.91%
Liquidia 7.74%46.82%7.06%

In the previous week, Liquidia had 32 more articles in the media than Butterfly Network. MarketBeat recorded 32 mentions for Liquidia and 0 mentions for Butterfly Network. Liquidia's average media sentiment score of 0.59 beat Butterfly Network's score of 0.42 indicating that Liquidia is being referred to more favorably in the news media.

Company Overall Sentiment
Butterfly Network Neutral
Liquidia Positive

Summary

Liquidia beats Butterfly Network on 15 of the 17 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 stock? We will contrast the two companies based on the strength of their media sentiment, institutional ownership, profitability, analyst recommendations, risk, dividends, earnings and valuation.

In the previous week, Warby Parker had 16 more articles in the media than Butterfly Network. MarketBeat recorded 16 mentions for Warby Parker and 0 mentions for Butterfly Network. Warby Parker's average media sentiment score of 0.45 beat Butterfly Network's score of 0.42 indicating that Warby Parker is being referred to more favorably in the news media.

Company Overall Sentiment
Butterfly Network Neutral
Warby Parker Neutral

Butterfly Network has a beta of 2.27, meaning that its share price is 127% more volatile than the broader market. Comparatively, Warby Parker has a beta of 1.95, meaning that its share price is 95% 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
Butterfly Network$97.61M10.73-$77.06M-$0.30N/A
Warby Parker$871.91M3.12$1.64M$0.021,268.70

Butterfly Network currently has a consensus price target of $5.56, suggesting a potential upside of 35.18%. Warby Parker has a consensus price target of $29.00, suggesting a potential upside of 14.29%. Given Butterfly Network's higher possible upside, research analysts plainly believe Butterfly Network is more favorable than Warby Parker.

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)
6 Hold rating(s)
10 Buy rating(s)
0 Strong Buy rating(s)
2.63

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%

37.9% of Butterfly Network shares are owned by institutional investors. Comparatively, 93.2% of Warby Parker shares are owned by institutional investors. 25.2% of Butterfly Network shares are owned by insiders. Comparatively, 16.8% of Warby Parker shares are owned by insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a company is poised for long-term growth.

Summary

Warby Parker beats Butterfly Network on 12 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$977.79M$1.42B$6.25B$22.83B
Dividend YieldN/AN/A2.80%4.11%
P/E Ratio-13.7265.2620.7929.48
Price / Sales10.736.01531.2123.81
Price / CashN/A22.7443.0924.68
Price / Book5.495.919.814.61
Net Income-$77.06M-$54.76M$3.55B$1.07B
7 Day Performance-1.70%1.19%-2.07%-1.81%
1 Month Performance-24.61%4.84%-3.90%-2.17%
1 Year Performance77.37%-7.66%29.39%20.97%

Butterfly Network Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
BFLY
Butterfly Network
2.8159 of 5 stars
$4.12
+7.2%
$5.56
+35.2%
+62.2%$977.79M$97.61MN/A460
IRTC
iRhythm Technologies
4.4777 of 5 stars
$116.84
-3.2%
$193.38
+65.5%
-21.3%$3.97B$747.14MN/A2,400
LIVN
LivaNova
2.1982 of 5 stars
$70.09
-2.5%
$77.22
+10.2%
+62.7%$3.95B$1.39B35.943,300
NVST
Envista
4.0069 of 5 stars
$24.15
-0.4%
$28.83
+19.4%
+26.8%$3.94B$2.72B58.9112,000
LQDA
Liquidia
3.1099 of 5 stars
$53.13
+25.6%
$46.78
-12.0%
+201.7%$3.76B$158.32MN/A50

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This page (NYSE:BFLY) was last updated on 5/19/2026 by MarketBeat.com Staff.
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