Butterfly Network, Inc. (BFLY)

NYSE: BFLY · IEX Real-Time Price · USD
1.060
+0.060 (6.00%)
At close: Mar 27, 2024, 4:00 PM
1.070
+0.010 (0.94%)
Pre-market: Mar 28, 2024, 7:27 AM EDT
6.00%
Market Cap 220.62M
Revenue (ttm) 65.90M
Net Income (ttm) -133.70M
Shares Out 208.13M
EPS (ttm) -0.65
PE Ratio n/a
Forward PE n/a
Dividend n/a
Ex-Dividend Date n/a
Volume 1,143,755
Open 1.010
Previous Close 1.000
Day's Range 1.010 - 1.070
52-Week Range 0.761 - 2.900
Beta 2.06
Analysts Hold
Price Target 2.25 (+112.26%)
Earnings Date May 9, 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+ and iQ3 ultrasound devices that can perform whole-body imaging in a single handheld probe integrated with the clinical workflow, and accessible on a user's smartphone, tablet, and almost any hospital computer system; and Butterfly iQ+ Vet, a handheld ultrasound system designed for veterinarians. The company also pr... [Read more]

Industry Medical Devices
Sector Healthcare
Founded 2011
Employees 225
Stock Exchange NYSE
Ticker Symbol BFLY
Full Company Profile

Financial Performance

In 2023, BFLY's revenue was $65.90 million, a decrease of -10.21% compared to the previous year's $73.39 million. Losses were -$133.70 million, -20.76% less than in 2022.

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
(112.26% upside)
Analyst Consensus: Hold
Stock Forecasts

News

Butterfly Network Obtains EU MDR Certification for Butterfly iQ+ Devices in Key European Markets

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

8 days ago - Business Wire

Butterfly Network Announces Successful Investor Day

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...

8 days ago - Business Wire

Butterfly Network Announces Investor Day

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...

12 days ago - Business Wire

Butterfly Network to Participate at the Oppenheimer 34th Annual Healthcare MedTech & Services 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...

21 days ago - Business Wire

Butterfly Network Reports Fourth Quarter 2023 Financial Results

BURLINGTON, Mass. & NEW YORK--(BUSINESS WIRE)--Butterfly Network, Inc. (NYSE: BFLY) (“Butterfly” or the “Company”), an innovative digital health company transforming care through a unique combination ...

4 weeks ago - Business Wire

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...

4 weeks 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 weeks 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...

5 weeks 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...

6 weeks 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...

2 months 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...

2 months 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...

2 months 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...

3 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...

3 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...

5 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 ...

5 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...

5 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...

5 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...

6 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, ...

6 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,...

7 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...

8 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, ...

8 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...

9 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...

11 months ago - Business Wire