In the last trading session, 6.61 million shares of the Butterfly Network Inc (NYSE:BFLY) were traded, and its beta was 2.49. Most recently the company’s share price was $3.04, and it changed around -$0.58 or -16.02% from the last close, which brings the market valuation of the company to $720.66M. BFLY currently trades at a discount to its 52-week high of $4.98, offering almost -63.82% off that amount. The share price’s 52-week low was $0.67, which indicates that the current value has risen by an impressive 77.96% since then.
Butterfly Network Inc stock received a consensus recommendation rating of Buy, based on a mean score of 1.00. If we narrow it down even further, the data shows that 0 out of 3 analysts rate the stock as a Sell; another 0 rate it as Overweight. Among the rest, 0 recommended BFLY as a Hold, whereas 3 deemed it a Buy, and 0 rated it as Underweight. Butterfly Network Inc is expected to report earnings per share of -0.08 for the current quarter.
Butterfly Network Inc (NYSE:BFLY) trade information
Instantly BFLY has showed a red trend with a performance of -16.02% at the end of last trading. The performance over the last five days has remained in the red territory. The rise to weekly highs of 4.06 on recent trading dayincreased the stock’s daily price by 25.12%. The company’s shares are currently down -2.56% year-to-date, but still down -24.57% over the last five days. On the other hand, Butterfly Network Inc (NYSE:BFLY) is -25.67% down in the 30-day period.
The consensus price target as assigned by Wall Street analysts is $5, which translates to bulls needing to increase their stock price by 39.2% from its current value. Analyst projections state that BFLY is forecast to be at a low of $5 and a high of $5.
Butterfly Network Inc (BFLY) estimates and forecasts
The year-over-year growth rate is expected to be 19.43%, up from the previous year.
Consensus estimates provided by 3 financial analysts predict the company will bring in an average of 21.05M in revenue for the current quarter. 3 analysts expect Butterfly Network Inc to make 25.03M in revenue for the current ending quarter. The company’s sales for the same quarters a year ago were 17.66M and 21.49M respectively. Analysts predict that the company’s current quarter sales will jump, forecast at 19.19%. Forecasts for the next quarter put sales growth at 16.50%.
Looking at the company’s year-over-year earnings, the past five years showed a positive earnings growth rate of 66.40%. Butterfly Network Inc earnings are expected to increase by -31.75% in 2025, but the outlook is negative -5.98% per year for the next five years.
BFLY Dividends
Butterfly Network Inc’s next quarterly earnings report is expected to be released in April.
FOSUN INTERNATIONAL LTD, with 5.063% or 10.72 million shares worth $9.01 million as of 2024-06-30, holds the second largest percentage of outstanding shares.
ARK ETF Tr-ARK Genomic Revolution ETF and Vanguard Total Stock Market Index Fund were the top two Mutual Funds as of Dec 31, 2024 . The former held 5.93 shares worth $18.02 million, making up 3.18% of all outstanding shares. On the other hand, Vanguard Total Stock Market Index Fund held roughly 4.38 shares worth around $13.32 million, which represents about 2.35% of the total shares outstanding.
