In the last trading session, 3.96 million Butterfly Network Inc (NYSE:BFLY) shares changed hands as the company’s beta touched 2.47. With the company’s per share price at $1.94 changed hands at -$0.06 or -3.00% during last session, the market valuation stood at $479.74M. BFLY’s last price was a discount, traded about -156.7% off its 52-week high of $4.98. The share price had its 52-week low at $0.85, which suggests the last value was 56.19% up since then. When we look at Butterfly Network Inc’s average trading volume, we note the 10-day average is 6.48 million shares, with the 3-month average coming to 3.48 million.
Analysts gave the Butterfly Network Inc (BFLY) stock a consensus recommendation rating of Buy, calculated at a mean rating of 1.00. If we narrow down to specifics, the data shows that 0 out of 2 analysts rate the stock as a Sell, with a further 0 assigning it an Overweight rating. Of the remaining, 0 recommended BFLY as a Hold, 2 felt it is a Buy and 0 rated the stock as Underweight.
Butterfly Network Inc (NYSE:BFLY) trade information
Instantly BFLY was in red as seen at the end of in last trading. With action -3.48%, the performance over the past five days has been red. The company’s shares are showing year-to-date upside of 123.04%, with the 5-day performance at -3.48% in the red. However, in the 30-day time frame, Butterfly Network Inc (NYSE:BFLY) is -19.17% down. Looking at the short shares, we see there were 16.32 million shares sold at short interest cover period of 5.48 days.
The consensus price target for the stock as assigned by Wall Street analysts is 5, meaning bulls need an upside of 61.2% from its current market value. According to analyst projections, BFLY’s forecast low is 5 with 5 as the target high. To hit the forecast high, the stock’s price needs a -157.73% plunge from its current level, while the stock would need to soar -157.73% for it to hit the projected low.
Looking at the company’s year-on-year earnings, data shows that the past 5-year has an earnings growth rate of 66.40%. The 2025 estimates are for Butterfly Network Inc earnings to decrease by -0.95%, but the outlook for the next 5-year period is at 9.63% per year.
BFLY Dividends
Butterfly Network Inc is expected to release its next quarterly earnings report on 2025-May-02.
Butterfly Network Inc (NYSE:BFLY)’s Major holders
If we look at who the major shareholders are, we find that insiders hold 14.45% of Butterfly Network Inc shares while 45.98% of the shares are in the hands of institutional holders. The share float percentage for the stock currently stands at 53.75%. There are 45.98% institutions holding the Butterfly Network Inc stock share, with ARK INVESTMENT MANAGEMENT LLC the top institutional holder. As of 2024-06-30, the company held 5.1897% of the shares, roughly 10.98 million BFLY shares worth $9.24 million.
FOSUN INTERNATIONAL LTD holds the second largest percentage of outstanding shares, with 5.063% or 10.72 million shares worth $9.01 million as of 2024-06-30.
Among Mutual Funds, the top two as of Mar 31, 2025 were SMALLCAP WORLD FUND INC and ARK ETF Trust-ARK Genomic Revolution ETF . With 8.49 shares estimated at $16.46 million under it, the former controlled 3.84% of total outstanding shares. On the other hand, ARK ETF Trust-ARK Genomic Revolution ETF held about 2.79% of the shares, roughly 6.17 shares worth around $11.97 million.
