In last trading session, Butterfly Network Inc (NYSE:BFLY) saw 3.01 million shares changing hands with its beta currently measuring 2.49. Company’s recent per share price level of $4.43 trading at -$0.28 or -5.94% at ring of the bell on the day assigns it a market valuation of $1.05B. That closing price of BFLY’s stock is at a discount of -12.42% from its 52-week high price of $4.98 and is indicating a premium of 84.88% from its 52-week low price of $0.67.
For Butterfly Network Inc (BFLY), analysts’ consensus is at an average recommendation of Buy while assigning it a mean rating of 1.00. Splitting up the data highlights that, out of 2 analysts covering the stock, 0 rated the stock as a Sell while 0 recommended an Overweight rating for the stock. 0 suggested the stock as a Hold whereas 2 see the stock as a Buy. 0 analyst(s) advised it as an Underweight. The company is expected to be making an EPS of -0.08 in the current quarter.
Butterfly Network Inc (NYSE:BFLY) trade information
Upright in the red during last session for losing -5.94%, in the last five days BFLY remained trading in the green while hitting it’s week-highest on Tuesday, 02/18/25 when the stock touched $4.43 price level, adding 11.04% to its value on the day. Butterfly Network Inc’s shares saw a change of 41.99% in year-to-date performance and have moved 2.07% in past 5-day. Butterfly Network Inc (NYSE:BFLY) showed a performance of 13.30% in past 30-days.
Wall Street analysts have assigned a consensus price target of 5 to the stock, which implies a rise of 11.4% to its current value. Analysts have been projecting 5 as a low price target for the stock while placing it at a high target of 5. It follows that stock’s current price would drop -12.87% in reaching the projected high whereas dropping to the targeted low would mean a loss of -12.87% for stock’s current value.
Butterfly Network Inc (BFLY) estimates and forecasts
This year revenue growth is estimated to rise 23.93% from the last financial year’s standing.
3 industry analysts have given their estimates about the company’s current quarter revenue by setting an average figure of 21.97M for the same. And 2 analysts are in estimates of company making revenue of 22.23M in the next quarter. Company posted 16.52M and 17.66M of sales in current and next quarters respectively a year earlier.
In 2025, company’s earnings growth rate is likely to be around 52.31% while estimates for its earnings growth in next 5 years are of 28.26%.
Butterfly Network Inc (NYSE:BFLY)’s Major holders
ARK INVESTMENT MANAGEMENT LLC is the top institutional holder at BFLY for having 10.98 million shares of worth $9.24 million. And as of 2024-06-30, it was holding 5.1897 of the company’s outstanding shares.
The second largest institutional holder is FOSUN INTERNATIONAL LTD, which was holding about 10.72 million shares on 2024-06-30. The number of shares represents firm’s hold over 5.063 of outstanding shares, having a total worth of $9.01 million.
On the other hand, ARK ETF Tr-ARK Genomic Revolution ETF and Vanguard Total Stock Market Index Fund are the top two Mutual Funds which own company’s shares. As of Dec 31, 2024 , the former fund manager was holding 5.93 shares of worth $26.25 million or 3.18% of the total outstanding shares. The later fund manager was in possession of 4.38 shares on Sep 30, 2024 , making its stake of worth around $19.41 million in the company or a holder of 2.35% of company’s stock.