How have BFLY shares performed in 2024?

Butterfly Network's stock was trading at $1.08 at the beginning of 2024. Since then, BFLY shares have decreased by 24.1% and is now trading at $0.82. View the best growth stocks for 2024 here .

Are investors shorting Butterfly Network?

Butterfly Network saw a increase in short interest in the month of March. As of March 31st, there was short interest totaling 21,780,000 shares, an increase of 9.4% from the March 15th total of 19,900,000 shares. Based on an average daily volume of 1,790,000 shares, the days-to-cover ratio is currently 12.2 days. Currently, 14.9% of the company's shares are sold short. View Butterfly Network's Short Interest .

When is Butterfly Network's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, May 9th 2024. View our BFLY earnings forecast .

How were Butterfly Network's earnings last quarter?

Butterfly Network, Inc. (NYSE:BFLY) posted its quarterly earnings results on Wednesday, February, 28th. The company reported ($0.21) earnings per share for the quarter, missing analysts' consensus estimates of ($0.12) by $0.09. The company earned $16.52 million during the quarter, compared to analyst estimates of $15.98 million. Butterfly Network had a negative net margin of 202.88% and a negative trailing twelve-month return on equity of 50.87%.

What ETFs hold Butterfly Network's stock?

ETFs with the largest weight of Butterfly Network (NYSE:BFLY) stock in their portfolio include Direxion Moonshot Innovators ETF (MOON) and Fidelity Digital Health ETF (FDHT) . ARK Genomic Revolution ETF (ARKG) .

How do I buy shares of Butterfly Network?

Shares of BFLY stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here .

NYSE:BFLY

Butterfly Network (BFLY) Stock Price, News & Analysis

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$0.83

+0.01 (+1.09%)

(As of 12:39 PM ET)

Compare

Today's Range: $0.81
▼
$0.85
50-Day Range: $0.82
▼
$1.50
52-Week Range: $0.76
▼
$2.71

Volume: 464,205 shs
Average Volume: 1.71 million shs
Market Capitalization: $172.39 million

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

Get Butterfly Network alerts:

Butterfly Network MarketRank™ Stock Analysis

Analyst Rating: N/A
Upside/Downside: N/A
Short Interest: Bearish
14.91% of Float Sold Short
Dividend Strength: N/A
Sustainability: N/A
News Sentiment: 0.28
Based on 9 Articles This Week
Insider Trading: Selling Shares
$5,142 Sold Last Quarter
Proj. Earnings Growth: Growing
From ($0.45) to ($0.43) Per Share

Overall MarketRank^™

New Rank-Based ScoringMarketRank^™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

0.28 out of 5 stars

Medical Sector

889th out of 914 stocks

X-Ray Apparatus & Tubes Industry

4th out of 4 stocks

N/A

Analyst's Opinion

Consensus Rating
There is not enough analysis data for Butterfly Network.

0.0

Short Interest

Percentage of Shares Shorted
14.91% of the float of Butterfly Network has been sold short.
Short Interest Ratio / Days to Cover
Butterfly Network has a short interest ratio ("days to cover") of 12.2, which indicates bearish sentiment.
Change versus previous month
Short interest in Butterfly Network has recently increased by 9.45%, indicating that investor sentiment is decreasing significantly.

0.0

Dividend Strength

Dividend Yield
Butterfly Network does not currently pay a dividend.
Dividend Growth
Butterfly Network does not have a long track record of dividend growth.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for BFLY.

2.4

News and Social Media Coverage

News Sentiment
Butterfly Network has a news sentiment score of 0.28. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.47 average news sentiment score of Medical companies.
News Coverage This Week
MarketBeat has tracked 9 news articles for Butterfly Network this week, compared to 2 articles on an average week.
Search Interest
Only 13 people have searched for BFLY on MarketBeat in the last 30 days. This is a decrease of -13% compared to the previous 30 days.
MarketBeat Follows
14 people have added Butterfly Network to their MarketBeat watchlist in the last 30 days. This is an increase of 17% compared to the previous 30 days.

2.5

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Butterfly Network insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $5,142.00 in company stock.
Percentage Held by Insiders
27.15% of the stock of Butterfly Network is held by insiders. A high percentage of insider ownership can be a sign of company health.
Percentage Held by Institutions
Only 37.85% of the stock of Butterfly Network is held by institutions.

1.3

Earnings and Valuation

Earnings Growth
Earnings for Butterfly Network are expected to grow in the coming year, from ($0.45) to ($0.43) per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Butterfly Network is -1.26, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Earnings Ratio vs. Sector
The P/E ratio of Butterfly Network is -1.26, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Book Value per Share Ratio
Butterfly Network has a P/B Ratio of 0.77. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

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About Butterfly Network Stock (NYSE: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 provides Butterfly system, which includes probes, and related accessories and software subscriptions to healthcare systems, physicians, and healthcare providers through a direct sales force, distributors, and eCommerce channel. In addition, it offers cloud-based software solutions to healthcare systems, teleguidance, in-app educational tutorials, and formal education programs through its Butterfly Academy software, as well as professional services for large scale deployments; and ScanLab, an education-only app provides written walkthroughs and reference imagery to guide real-time educational scanning, enhancing the learning process. Butterfly Network, Inc. was founded in 2011 and is headquartered in Burlington, Massachusetts.

BFLY Stock Price History

30 days | 90 days | 365 days | Advanced Chart

BFLY Stock News Headlines

April 17, 2024 | finance.yahoo.com

Butterfly Network to Report First Quarter 2024 Financial Results on May 1, 2024

April 17, 2024 | businesswire.com

Butterfly Network to Report First Quarter 2024 Financial Results on May 1, 2024

April 18, 2024 | DTI (Ad)

Biden’s $374B Giveaway Into This Sector

Biden’s Climate Bill Could Send Your Retirement Accounts Soaring – Or Diving See what this $374B giveaway could mean for your retirement right here

April 16, 2024 | baystreet.ca

Five Top Healthcare AI Stocks to Buy and Hold Immediately

April 15, 2024 | msn.com

Decades after a US butterfly species vanished, a close relative is released to fill gap

April 15, 2024 | msn.com

A magnetic nanographene butterfly poised to advance quantum technologies

April 15, 2024 | businesswire.com

Butterfly Network, Clinton Health Access Initiative, and Global Ultrasound Institute Partner to Advance Maternal and Fetal Health in South Africa

April 11, 2024 | msn.com

Healthtech startup Butterfly Learnings raises Rs 32 crore from Insitor, Enzia Ventures, CIIE, others

April 18, 2024 | DTI (Ad)

Biden’s $374B Giveaway Into This Sector

Biden’s Climate Bill Could Send Your Retirement Accounts Soaring – Or Diving See what this $374B giveaway could mean for your retirement right here

April 11, 2024 | msn.com

Pediatric behavioral Health Platform Butterfly Learnings Raises INR 32 Cr in Series A Led by Insitor Impact Asia Fund II and Enzia Ventures

April 4, 2024 | seekingalpha.com

Butterfly Network Stock: Weak Growth Adds To Downside Risk

April 3, 2024 | msn.com

Survey reveals UK butterfly winners and losers in the wake of record high temperatures

April 2, 2024 | msn.com

Butterfly-inspired AI technology takes flight

March 29, 2024 | theglobeandmail.com

Increased Adoption of Artificial Intelligence Across the Healthcare Industry Driving Strong Market Growth

March 20, 2024 | businesswire.com

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

March 19, 2024 | markets.businessinsider.com

Analysts Are Bullish on These Healthcare Stocks: Perspective Therapeutics (CATX), Neurogene (NGNE)

March 19, 2024 | finance.yahoo.com

Butterfly Network Announces Successful Investor Day

March 18, 2024 | msn.com

Scientists discover how the Diadem butterfly mimics the African Queen

March 16, 2024 | ca.finance.yahoo.com

BRBR Apr 2024 60.000 call

March 16, 2024 | finance.yahoo.com

BFLY Apr 2024 2.000 call

March 15, 2024 | msn.com

SC has an official state butterfly. Here’s how to identify and attract it to your yard this spring

March 15, 2024 | businesswire.com

Butterfly Network Announces Investor Day

March 6, 2024 | businesswire.com

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

March 2, 2024 | finance.yahoo.com

Butterfly Network Full Year 2023 Earnings: Revenues Beat Expectations, EPS Lags

February 29, 2024 | msn.com

Why Butterfly Network Shares Are Trading Lower By 22%? Here Are Other Stocks Moving In Thursday's Mid-Day Session

February 29, 2024 | finance.yahoo.com

Butterfly Network, Inc. (NYSE:BFLY) Q4 2023 Earnings Call Transcript

February 29, 2024 | markets.businessinsider.com

Analysts Have Conflicting Sentiments on These Healthcare Companies: Butterfly Network (BFLY) and Codexis (CDXS)

See More Headlines

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Company Calendar

Last Earnings: 2/28/2024
Today: 4/18/2024
Next Earnings (Estimated): 5/09/2024
Fiscal Year End: 12/31/2024

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: NYSE
Sector: Medical
Industry: X-ray apparatus & tubes
Sub-Industry: N/A
Current Symbol: NYSE:BFLY
CUSIP: N/A
CIK: 1804176
Web: www.butterflynetwork.com
Phone: 781-557-4800
Fax: N/A
Employees: 225
Year Founded: N/A

Profitability

EPS (Most Recent Fiscal Year): ($0.65)
Trailing P/E Ratio: N/A
Forward P/E Ratio: N/A
P/E Growth: N/A
Net Income: $-133,700,000.00
Net Margins: -202.88%
Pretax Margin: -202.76%
Return on Equity: -50.87%
Return on Assets: -38.62%

Debt

Debt-to-Equity Ratio: N/A
Current Ratio: 5.22
Quick Ratio: 3.57

Sales & Book Value

Annual Sales: $65.90 million
Price / Sales: 2.59
Cash Flow: N/A
Price / Cash Flow: N/A
Book Value: $1.06 per share
Price / Book: 0.77

Miscellaneous

Outstanding Shares: 208,130,000
Free Float: 151,626,000
Market Cap: $170.54 million
Optionable: Optionable
Beta: 2.04

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Key Executives

Dr. Jonathan M. Rothberg Ph.D. (Age 60)
Founder & Director
Comp: $67.5k
Ms. Heather C. Getz CPA (Age 49)
M.B.A., Executive VP, CFO & COO
Comp: $974.03k
Dr. Andrei G. Stoica Ph.D. (Age 51)
Chief Technology Officer
Comp: $993.63k
Mr. Joseph M. DeVivo (Age 57)
CEO, President & Chairman of the Board
Mr. David H. Ramsey (Age 54)
Chief Information Officer
Mr. Darius Shahida (Age 32)
Chief Strategy Officer & Chief Business Development Officer
Comp: $1.63M
Dr. John Martin F.A.C.S. (Age 65)
M.B.A., M.D., Chief Medical Officer
Mr. John S. Soto (Age 60)
Senior Vice President of International Sales
Mr. Mark Fullenwider
President of Golden Queen Mining LLC

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

BFLY Stock Analysis - Frequently Asked Questions

How have BFLY shares performed in 2024?: Butterfly Network's stock was trading at $1.08 at the beginning of 2024. Since then, BFLY shares have decreased by 24.1% and is now trading at $0.82.
View the best growth stocks for 2024 here.
Are investors shorting Butterfly Network?: Butterfly Network saw a increase in short interest in the month of March. As of March 31st, there was short interest totaling 21,780,000 shares, an increase of 9.4% from the March 15th total of 19,900,000 shares. Based on an average daily volume of 1,790,000 shares, the days-to-cover ratio is currently 12.2 days. Currently, 14.9% of the company's shares are sold short.
View Butterfly Network's Short Interest.
When is Butterfly Network's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Thursday, May 9th 2024.
View our BFLY earnings forecast.
How were Butterfly Network's earnings last quarter?: Butterfly Network, Inc. (NYSE:BFLY) posted its quarterly earnings results on Wednesday, February, 28th. The company reported ($0.21) earnings per share for the quarter, missing analysts' consensus estimates of ($0.12) by $0.09. The company earned $16.52 million during the quarter, compared to analyst estimates of $15.98 million. Butterfly Network had a negative net margin of 202.88% and a negative trailing twelve-month return on equity of 50.87%.

What ETFs hold Butterfly Network's stock?: ETFs with the largest weight of Butterfly Network (NYSE:BFLY) stock in their portfolio include Direxion Moonshot Innovators ETF (MOON) and Fidelity Digital Health ETF (FDHT).ARK Genomic Revolution ETF (ARKG).
How do I buy shares of Butterfly Network?: Shares of BFLY stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NYSE:BFLY) was last updated on 4/18/2024 by MarketBeat.com Staff

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Butterfly Network (BFLY) Stock Price, News & Analysis

Butterfly Network MarketRank™ Stock Analysis

Overall MarketRank™

Analyst's Opinion

Short Interest

Percentage of Shares Shorted

Short Interest Ratio / Days to Cover

Change versus previous month

Dividend Strength

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score

News and Social Media Coverage

News Sentiment

News Coverage This Week

Search Interest

MarketBeat Follows

Company Ownership

Earnings and Valuation

About Butterfly Network Stock (NYSE:BFLY)

BFLY Stock Price History

BFLY Stock News Headlines

Company Calendar

Industry, Sector and Symbol

Profitability

Debt

Sales & Book Value

Miscellaneous

Key Executives

Key Competitors

Insiders & Institutions

BFLY Stock Analysis - Frequently Asked Questions

Overall MarketRank^™