Butterfly Network (BFLY) Stock Forecast & Price Target

$0.97

+0.02 (+2.11%)

(As of 12/6/2023 ET)

Today's Range: $0.96
▼
$1.02
50-Day Range: $0.79
▼
$1.22
52-Week Range: $0.76
▼
$3.22

Volume: 1.99 million shs
Average Volume: 2.24 million shs
Market Capitalization: $200.89 million

P/E Ratio: N/A
Dividend Yield: N/A
Price Target: $2.25

Butterfly Network Consensus Analyst Rating and Stock Price Forecast (2024)

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Analysts' Consensus Rating

Hold
Based on 1 Analyst Ratings

Analysts' Consensus Price Target

$2.25
131.98% Upside

High Forecast	$2.25
Average Forecast	$2.25
Low Forecast	$2.25

Type	Current Forecast 12/7/22 to 12/7/23	1 Month Ago 11/7/22 to 11/7/23	3 Months Ago 9/8/22 to 9/8/23	1 Year Ago 12/7/21 to 12/7/22
Consensus Rating	Hold	Moderate Buy	Moderate Buy	Moderate Buy
Strong Buy	0 Strong Buy rating(s)	0 Strong Buy rating(s)	0 Strong Buy rating(s)	0 Strong Buy rating(s)
Buy	0 Buy rating(s)	1 Buy rating(s)	2 Buy rating(s)	2 Buy rating(s)
Hold	1 Hold rating(s)	1 Hold rating(s)	1 Hold rating(s)	1 Hold rating(s)
Sell	0 Sell rating(s)	0 Sell rating(s)	0 Sell rating(s)	0 Sell rating(s)
Consensus Price Target	$2.25	$3.38	$5.42	$7.00
Predicted Upside	131.98% Upside	36.64% Upside	71.41% Upside	61.52% Upside

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BFLY Analyst Ratings By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.

BFLY Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.

Butterfly Network Stock vs. The Competition

Type	Butterfly Network	Medical Companies	S&P 500
Consensus Rating Score	2.00	2.68	2.49
Consensus Rating	Hold	Moderate Buy	Hold
Predicted Upside	131.98% Upside	653.92% Upside	2,089.55% Upside
News Sentiment Rating	Neutral News	Positive News	Positive News

Recent Analyst Ratings and Stock Forecasts

Rating

Upside/Downside

Action

Time Frame

Start Date

End Date

Show

Export to Excel

Date	Brokerage	Analyst Name	Action	Rating	Price Target	Upside/Downside on Report Date	Details
3/28/2023	UBS Group Subscribe to MarketBeat All Access for the recommendation accuracy rating		Initiated Coverage	Neutral	$2.25	+27.12%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Thursday at 06:09 AM ET.

BFLY Price Target - Frequently Asked Questions

What is Butterfly Network's consensus rating and price target?: According to the issued ratings of 1 analysts in the last year, the consensus rating for Butterfly Network stock is Hold based on the current 1 hold rating for BFLY. The average twelve-month price prediction for Butterfly Network is $2.25 with a high price target of $2.25 and a low price target of $2.25. Learn more on BFLY's analyst rating history.
Do Wall Street analysts like Butterfly Network more than its competitors?: Analysts like Butterfly Network less than other Medical companies. The consensus rating for Butterfly Network is Hold while the average consensus rating for medical companies is Moderate Buy. Learn more on how BFLY compares to other companies.
Does Butterfly Network's stock price have much upside?: According to analysts, Butterfly Network's stock has a predicted upside of 27.12% based on their 12-month stock forecasts.

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This page (NYSE:BFLY) was last updated on 12/7/2023 by MarketBeat.com Staff

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