Butterfly Network, Inc. (BFLY)

NYSE: BFLY · IEX Real-Time Price · USD
1.330
+0.310 (30.39%)
At close: Feb 26, 2024, 4:00 PM
1.350
+0.020 (1.50%)
After-hours: Feb 26, 2024, 7:57 PM EST
30.39%
Market Cap 276.51M
Revenue (ttm) 68.37M
Net Income (ttm) -123.28M
Shares Out 207.12M
EPS (ttm) -0.60
PE Ratio n/a
Forward PE n/a
Dividend n/a
Ex-Dividend Date n/a
Volume 10,507,295
Open 1.150
Previous Close 1.020
Day's Range 1.110 - 1.470
52-Week Range 0.761 - 2.900
Beta 1.96
Analysts Hold
Price Target 2.25 (+69.17%)
Earnings Date Feb 28, 2024

About BFLY

Butterfly Network, Inc. develops, manufactures, and commercializes ultrasound imaging solutions in the United States and internationally. It offers Butterfly iQ, a handheld and single-probe whole body ultrasound system; Butterfly iQ+, a point-of-care ultrasound imaging device that connects with a smartphone, tablet, and hospital computer system; and Butterfly Blueprint, a system-wide ultrasound platform with Compass software that integrates into a healthcare system's clinical and administrative infrastructure. The company also provides Butterfl... [Read more]

Industry Medical Devices
Sector Healthcare
Founded 2011
Employees 330
Stock Exchange NYSE
Ticker Symbol BFLY
Full Company Profile

Financial Performance

In 2022, BFLY's revenue was $73.39 million, an increase of 17.30% compared to the previous year's $62.57 million. Losses were -$168.72 million, 420.6% more than in 2021.

Financial Statements

Analyst Forecast

According to one analyst, the rating for BFLY stock is "Hold" and the 12-month stock price forecast is $2.25.

Price Target
$2.25
(69.17% upside)
Analyst Consensus: Hold
Stock Forecasts

News

Butterfly Network to Participate at the TD Cowen 44th Annual Health Care Conference on March 5, 2024

NEW YORK & BURLINGTON, Mass.--(BUSINESS WIRE)--Butterfly Network, Inc. (NYSE: BFLY) (“Butterfly”) a digital health company transforming care with handheld, whole-body ultrasound and intuitive software...

3 days ago - Business Wire

Butterfly Network to Host Investor Day on Monday, March 18, 2024, at the New York Stock Exchange

BURLINGTON, Mass. & NEW YORK--(BUSINESS WIRE)--Butterfly Network, Inc. (NYSE: BFLY) (“Butterfly”), a digital health company transforming care with handheld, whole-body ultrasound, today announced that...

4 days ago - Business Wire

Butterfly Network, Inc. to Report Fourth Quarter and Full Year 2023 Financial Results on February 28, 2024

BURLINGTON, Mass. & NEW YORK--(BUSINESS WIRE)--Butterfly Network, Inc. (NYSE: BFLY) (“Butterfly”), a digital health company transforming care with handheld, whole-body ultrasound, today announced that...

11 days ago - Business Wire

Butterfly Network Launches Next-Generation Butterfly iQ3™ in the United States

BURLINGTON, Mass. & NEW YORK--(BUSINESS WIRE)---- $BFLY #ButterflyiQ3--Butterfly Network, Inc. (“Butterfly”, “the Company”) (NYSE: BFLY), a digital health company transforming care through the power o...

13 days ago - Business Wire

Butterfly Network Provides Business Update During 42nd Annual J.P. Morgan Healthcare Conference Presentation

BURLINGTON, Mass. & NEW YORK--(BUSINESS WIRE)--Butterfly Network, Inc. (“Butterfly”) (NYSE: BFLY), a digital health company transforming care through the power of portable, semiconductor-based ultraso...

6 weeks ago - Business Wire

Butterfly Network Announces FDA Clearance of its Next-Generation Handheld Ultrasound System, Butterfly iQ3

BURLINGTON, Mass. & NEW YORK--(BUSINESS WIRE)---- $BFLY #ButterflyiQ--Butterfly Network, Inc. (“Butterfly”) (NYSE: BFLY), a digital health company transforming care through the power of portable, semi...

7 weeks ago - Business Wire

Butterfly to Participate at the 26th Annual Needham Growth Conference

NEW YORK & BURLINGTON, Mass.--(BUSINESS WIRE)--Butterfly Network, Inc. (NYSE: BFLY) (“Butterfly”) a digital health company transforming care with handheld, whole-body ultrasound and intuitive software...

7 weeks ago - Business Wire

Butterfly Network Announces Commercial Agreement with Mendaera for Next-Generation Interventional Robotic System Powered by Butterfly's Ultrasound-on-Chip™ Technology

BURLINGTON, Mass. & SAN MATEO, Calif.--(BUSINESS WIRE)---- $BFLY #ButterflyiQ--Butterfly Network, Inc. (“Butterfly”) (NYSE: BFLY), a digital health company transforming care through the power of porta...

2 months ago - Business Wire

Butterfly Network to Present at the 42nd Annual J.P. Morgan Healthcare Conference

NEW YORK & BURLINGTON, Mass.--(BUSINESS WIRE)--Butterfly Network, Inc. (NYSE: BFLY) (“Butterfly”) a digital health company transforming care with handheld, whole-body ultrasound and intuitive software...

2 months ago - Business Wire

Butterfly Network to Present at the Jefferies London Healthcare Conference

NEW YORK & BURLINGTON, Mass.--(BUSINESS WIRE)--Butterfly Network, Inc. (NYSE: BFLY) (“Butterfly”) a digital health company transforming care with handheld, whole-body ultrasound and intuitive software...

4 months ago - Business Wire

Butterfly Network Reports Third Quarter 2023 Financial Results

BURLINGTON, Mass. & NEW YORK--(BUSINESS WIRE)--Butterfly Network, Inc. (NYSE: BFLY) (“Butterfly” or the “Company”), a digital health company transforming care with handheld, whole-body ultrasound and ...

4 months ago - Business Wire

Butterfly Network Announces 5-Year Co-Development Agreement with Forest Neurotech for Next-generation Brain Computer Interfaces Using Ultrasound-on-Chip™ Technology

BURLINGTON, Mass.--(BUSINESS WIRE)--Butterfly Network, Inc. (“Butterfly”) (NYSE:BFLY), a digital health company transforming care through the power of portable, semiconductor-based ultrasound technolo...

4 months ago - Business Wire

Butterfly Network, Inc. to Report Third Quarter 2023 Financial Results on November 2, 2023

BURLINGTON, Mass. & NEW YORK--(BUSINESS WIRE)--Butterfly Network, Inc. (NYSE: BFLY) (“Butterfly”), a digital health company transforming care with handheld, whole-body ultrasound, announced that it wi...

4 months ago - Business Wire

Butterfly Introduces Two Ultrasound Education Offerings at ACEP23, Demonstrating Value of AI-Guidance and Hands-on Expertise in Driving Mass Ultrasound Adoption

BURLINGTON, Mass.--(BUSINESS WIRE)--Butterfly Network, Inc. (“Butterfly”) (NYSE: BFLY), a digital health company transforming care through the power of portable, semiconductor-based ultrasound technol...

5 months ago - Business Wire

Butterfly Network and Razom Expand Global Health Partnership To Bring Additional 200 Butterfly iQ+ Ultrasound Systems to Ukraine

BURLINGTON, Mass.--(BUSINESS WIRE)--Butterfly Network, Inc. a digital health company transforming care through the power of portable, semiconductor-based ultrasound technology and intuitive software, ...

5 months ago - Business Wire

Butterfly Network Reports Success in Majority of U.S. Medical Schools; Includes Nation's Largest Medical School, Indiana University School of Medicine

BURLINGTON, Mass.--(BUSINESS WIRE)--Butterfly Network, Inc., a digital health company transforming care through the power of portable, semiconductor-based ultrasound technology and intuitive software,...

5 months ago - Business Wire

Butterfly Network Reports Second Quarter 2023 Financial Results

BURLINGTON, Mass. & NEW YORK--(BUSINESS WIRE)--Butterfly Network, Inc. (NYSE: BFLY) (“Butterfly” or the “Company”), a digital health company transforming care with handheld, whole-body ultrasound, tod...

7 months ago - Business Wire

Butterfly Network launches “Butterfly Garden” AI Marketplace for custom AI applications

BURLINGTON, Mass.--(BUSINESS WIRE)--Butterfly Network, Inc. a digital health company transforming care through the power of portable, semiconductor-based ultrasound technology and intuitive software, ...

7 months ago - Business Wire

Butterfly Network, Inc. to Report Second Quarter 2023 Financial Results on August 3, 2023

BURLINGTON, Mass. & NEW YORK--(BUSINESS WIRE)--Butterfly Network, Inc. (NYSE: BFLY) (“Butterfly”), a digital health company transforming care with handheld, whole-body ultrasound, announced that it wi...

8 months ago - Business Wire

Butterfly Network Reports First Quarter 2023 Financial Results

BURLINGTON, Mass. & NEW YORK--(BUSINESS WIRE)--Butterfly Network, Inc. (NYSE: BFLY) (“Butterfly” or the “Company”), a digital health company transforming care with handheld, whole-body ultrasound, tod...

10 months ago - Business Wire

Can Butterfly Network Spread its Wings in 2023?

Butterfly Network Inc. NYSE: BFLY is a medical imaging solutions company that makes point-of-demand portable ultrasound devices to bring medical imaging to healthcare providers at a deep discount to e...

10 months ago - MarketBeat

Butterfly Network, Inc. to Report First Quarter 2023 Financial Results on May 11, 2023

BURLINGTON, Mass. & NEW YORK--(BUSINESS WIRE)--Butterfly Network, Inc. (NYSE: BFLY) (“Butterfly”), a digital health company transforming care with handheld, whole-body ultrasound, announced that it wi...

10 months ago - Business Wire

Butterfly Network Names Joseph M. DeVivo as President and Chief Executive Officer

BURLINGTON, Mass.--(BUSINESS WIRE)--Butterfly Network, Inc., a digital health company transforming care through the power of handheld, whole-body ultrasound, has announced the appointment of Joseph M....

11 months ago - Business Wire

Glancy Prongay & Murray LLP Announces Investigation of Butterfly Network, Inc. (BFLY)

NEW YORK--(BUSINESS WIRE)--Glancy Prongay & Murray LLP (“GPM”) announces its investigation of Butterfly Network, Inc. (NYSE: BFLY) concerning the Company and its directors' and officers' possible viol...

11 months ago - Business Wire

Butterfly Network Announces New FDA-Cleared AI-Enabled Lung Tool

BURLINGTON, Mass.--(BUSINESS WIRE)---- $BFLY #Butterflyiq--Butterfly Network, Inc., a digital health company transforming care through the power of handheld, whole-body ultrasound, announced today tha...

11 months ago - Business Wire