Butterfly Network Inc (NYSE:BFLY) has a beta value of -32.69% and has seen 2.97 shares traded in the last trading session. The company, currently valued at $514.36M, closed the last trade at $2.16 per share which meant it lost -$2.01 on the day or 2.08% during that session. The BFLY stock price is -130.56% off its 52-week high price of $4.98 and 62.04% above the 52-week low of $0.82.
The consensus among analysts is that Butterfly Network Inc (BFLY) is Buy stock at the moment, with a recommendation rating of 37.06. 0 analysts rate the stock as a Sell, while 0 rate it as Overweight. 0 out of 2 have rated it as a Hold, with 2 advising it as a Buy. 0 have rated the stock as Underweight.
Butterfly Network Inc (NYSE:BFLY) trade information
Sporting 2.08% in the green in last session, the stock has traded in the red over the last five days, with the highest price hit on recent trading when the BFLY stock price touched $2.16 or saw a rise of 10.37%. Year-to-date, Butterfly Network Inc shares have moved 128.57%, while the 5-day performance has seen it change -14.75%. Over the past 30 days, the shares of Butterfly Network Inc (NYSE:BFLY) have changed -9.17%.
Wall Street analysts have a consensus price target for the stock at $5, which means that the shares’ value could jump 56.8% from current levels. The projected low price target is $5.0 while the price target rests at a high of $5.0. In that case, then, we find that the current price level is -131.48% off the targeted high while a plunge would see the stock gain -131.48% from current levels.
Butterfly Network Inc (BFLY) estimates and forecasts
The company’s shares have lost -42.22% over the past 6 months.
If we evaluate the company’s growth over the last 5-year and for the next 5-year period, we find that annual earnings growth was -22.46% 66.40% over the past 5 years. Earnings growth for 2025 is a modest -4.76% while over the next 5 years, the company’s earnings are expected to decrease by -1.56%.
BFLY Dividends
Butterfly Network Inc is expected to release its next earnings report on 2025-May-02 this year, and investors are excited at the prospect of better dividends despite the company’s debt issue.
Butterfly Network Inc (NYSE:BFLY)’s Major holders
The top two institutional holders are ARK INVESTMENT MANAGEMENT LLC with over 10.98 million shares worth more than $9.24 million. As of 2024-06-30, ARK INVESTMENT MANAGEMENT LLC held 5.1897% of shares outstanding.
The other major institutional holder is FOSUN INTERNATIONAL LTD, with the holding of over 10.72 million shares as of 2024-06-30. The firm’s total holdings are worth over $9.01 million and represent 5.063% of shares outstanding.
