Butterfly Network Inc [NYSE: BFLY] price surged by 2.54 percent to reach at $2989998.03.
A sum of 3788865 shares traded at recent session while its average daily volume was at 2.99M shares. Butterfly Network Inc shares reached a high of $2.0254 and dropped to a low of $1.965 until finishing in the latest session at $2990000.0.
The one-year BFLY stock forecast points to a potential downside of -71702537.89. The average equity rating for BFLY stock is currently 1.00, trading closer to a bullish pattern in the stock market.
Guru’s Opinion on Butterfly Network Inc [BFLY]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for BFLY shares is $4.17 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on BFLY stock is a recommendation set at 1.00. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
William Blair have made an estimate for Butterfly Network Inc shares, keeping their opinion on the stock as Outperform, with their previous recommendation back on March 17, 2025. While these analysts kept the previous recommendation, Lake Street raised their target price to Buy. The new note on the price target was released on September 10, 2024, representing the official price target for Butterfly Network Inc stock. Previously, the target price had yet another raise to $2.25, while UBS analysts kept a Neutral rating on BFLY stock.
The Price to Book ratio for the last quarter was 2.08, with the Price to Cash per share for the same quarter was set at 0.63.
BFLY Stock Performance Analysis:
Butterfly Network Inc [BFLY] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -6.48. With this latest performance, BFLY shares dropped by -20.16% in over the last four-week period, additionally sinking by -34.63% over the last 6 months – not to mention a drop of -35.26% in the past year of trading.
Insight into Butterfly Network Inc Fundamentals:
Operating Margin for any stock indicates how profitable investing would be, and Butterfly Network Inc [BFLY] shares currently have an operating margin of -78.07% and a Gross Margin at 60.65%. Butterfly Network Inc’s Net Margin is presently recorded at -75.56%.
Return on Equity for this stock declined to -21.47%, with Return on Assets sitting at -21.47%.
BFLY Stock EPS
The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for BFLY. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for Butterfly Network Inc go to -1.56%.
Butterfly Network Inc [BFLY] Institutonal Ownership Details
There are presently around $45.98%, or 53.75% of BFLY stock, in the hands of institutional investors. The top three institutional holders of BFLY stocks are: ARK INVESTMENT MANAGEMENT LLC with ownership of 10.98 million shares, which is approximately 5.1897%. FOSUN INTERNATIONAL LTD, holding 10.72 million shares of the stock with an approximate value of $$9.01 million in BFLY stocks shares; and FOSUN INTERNATIONAL LTD, currently with $$6.75 million in BFLY stock with ownership which is approximately 3.7954%.
