Butterfly Network, Inc. (BFLY)Healthcare | Medical Devices | Burlington, United States | NYSE
5.54 USD
-0.14
(-2.465%) ⇩
(June 12, 2026, 4 p.m.
EDT)
After hours: 5.54 0.00 (0.000%) ⇩ (June 12, 2026, 8 p.m. EDT) |
Hot Take ↕ | June 7, 2026, 1:54 a.m. EDT
The investment case here is defined by a stark disconnect between a recovering price trend and deteriorating fundamentals. On the surface, the stock looks attractive: it has rallied nearly 175% year-to-date, trading well above its 200-day average, and recently beat revenue estimates. This price action has sparked a speculative frenzy, evidenced by the heavy call open interest at $5.50 and $7.50 strikes, where traders are betting on continued momentum. However, this rally is built on fragile ground. The company remains unprofitable with negative operating margins and a forward P/E that is mathematically undefined due to losses. While the balance sheet is currently liquid enough to survive, the lack of earnings generation makes the current valuation a premium bet on future execution rather than current reality. The statistical forecast models are weak and leaning slightly negative, which often happens when price moves are driven by sentiment rather than value. For investors, this is a high-risk momentum trade; the stock has room to run if the AI narrative holds, but the absence of dividends and persistent losses mean any pullback in sentiment could trigger a severe correction. It is not a buy-and-hold opportunity yet. |
| Model | MAE |
|---|---|
| MSTL_115 ✓ | 0.082341 |
| MSTL_66_115 | 0.099336 |
| AutoARIMA | 0.150658 |
| AutoETS | 0.150661 |
| MSTL | 0.158554 |
| MSTL_66 | 0.161807 |
| AutoTheta | 0.169339 |
Forecast horizon: 60 days | Selected: MSTL_115
| Forecast Reliability | |
|---|---|
| Score | 33% |
| H-stat | 4.06 |
| Ljung-Box p | 0.000 |
| Jarque-Bera p | 0.851 |
| Excess Kurtosis | -0.36 |
| Attribute | Value |
|---|---|
| Sector | Healthcare |
| Debt to Equity Ratio | 10.332 |
| Revenue per Share | 0.408 |
| Market Cap | 1,449,490,688 |
| Forward P/E | -59.89 |
| Beta | 2.20 |
| Profit Margins | -73.63% |
| Website | https://www.butterflynetwork.com |
As of June 7, 2026, 1:54 a.m. EDT: Speculators are positioning for a volatile rebound rather than a steady grind higher. In the near term (June/July), there is heavy open interest in out-of-the-money calls at $5.50 and $7.50 strikes, suggesting bets on a significant gap up. However, this bullishness is partially hedged by substantial put volume at the $4.00 strike, indicating a fear of a sharp rejection or consolidation around current levels. The skew toward calls in the June expiration suggests a 'momentum play' strategy, while the deep out-of-the-money puts in longer-dated expirations hint at a belief that the stock could eventually recover significantly from its lows, despite the current lack of fundamental support.
| Attribute | Value |
|---|---|
| 52 Week Change | 1.3982685 |
| Address1 | 1,600 District Avenue |
| All Time High | 29.13 |
| All Time Low | 0.674 |
| Ask | 5.46 |
| Ask Size | 1,800 |
| Audit Risk | 1 |
| Average Daily Volume10 Day | 5,560,840 |
| Average Daily Volume3 Month | 4,869,463 |
| Average Volume | 4,869,463 |
| Average Volume10Days | 5,560,840 |
| Beta | 2.203 |
| Bid | 5.45 |
| Bid Size | 4,100 |
| Board Risk | 4 |
| Book Value | 0.732 |
| City | Burlington |
| Compensation As Of Epoch Date | 1,767,139,200 |
| Compensation Risk | 9 |
| Country | United States |
| Crypto Tradeable | 0 |
| Currency | USD |
| Current Price | 5.54 |
| Current Ratio | 4.025 |
| Custom Price Alert Confidence | HIGH |
| Date Short Interest | 1,780,012,800 |
| Day High | 5.97 |
| Day Low | 5.285 |
| Debt To Equity | 10.332 |
| Display Name | Butterfly Network |
| Earnings Call Timestamp End | 1,777,550,400 |
| Earnings Call Timestamp Start | 1,777,550,400 |
| Earnings Timestamp | 1,777,552,200 |
| Earnings Timestamp End | 1,785,501,000 |
| Earnings Timestamp Start | 1,785,501,000 |
| Ebitda | -50,431,000 |
| Ebitda Margins | -0.49003 |
| Enterprise To Ebitda | -26.358 |
| Enterprise To Revenue | 12.916 |
| Enterprise Value | 1,329,237,120 |
| Eps Current Year | -0.1275 |
| Eps Forward | -0.0925 |
| Eps Trailing Twelve Months | -0.3 |
| Esg Populated | 0 |
| Exchange | NYQ |
| Exchange Data Delayed By | 0 |
| Exchange Timezone Name | America/New_York |
| Exchange Timezone Short Name | EDT |
| Fifty Day Average | 4.6808 |
| Fifty Day Average Change | 0.8592 |
| Fifty Day Average Change Percent | 0.18355837 |
| Fifty Two Week Change Percent | 139.82684 |
| Fifty Two Week High | 5.97 |
| Fifty Two Week High Change | -0.42999983 |
| Fifty Two Week High Change Percent | -0.072026774 |
| Fifty Two Week Low | 1.32 |
| Fifty Two Week Low Change | 4.22 |
| Fifty Two Week Low Change Percent | 3.1969695 |
| Fifty Two Week Range | 1.32 - 5.97 |
| Financial Currency | USD |
| First Trade Date Milliseconds | 1,594,647,000,000 |
| Float Shares | 192,579,287 |
| Forward Eps | -0.0925 |
| Forward P E | -59.89189 |
| Free Cashflow | 8,860,375 |
| Full Exchange Name | NYSE |
| Full Time Employees | 220 |
| Gmt Off Set Milliseconds | -14,400,000 |
| Governance Epoch Date | 1,780,531,200 |
| Gross Margins | 0.66112 |
| Gross Profits | 68,039,000 |
| Has Pre Post Market Data | 1 |
| Held Percent Insiders | 0.121800005 |
| Held Percent Institutions | 0.55708003 |
| Implied Shares Outstanding | 261,640,906 |
| Industry | Medical Devices |
| Industry Disp | Medical Devices |
| Industry Key | medical-devices |
| Is Earnings Date Estimate | 1 |
| Language | en-US |
| Last Fiscal Year End | 1,767,139,200 |
| Long Business Summary | Butterfly Network, Inc. develops, manufactures, and commercializes ultrasound imaging solutions in the United States and internationally. The company offers Butterfly iQ+ and iQ3 ultrasound devices that can perform whole-body imaging on a single handheld probe integrated with the clinical workflow, and accessible on a user's smartphone, tablet, and almost any hospital computer system; Butterfly Move, merging the mobility of a handheld with the stability of a full cart system; and iQ+ Bladder, a specialty product for bladder scanning market. It also provides Compass AI which offers one system to connect every device, workflow, and department; ScanLab, an AI-powered educational platform that provides written walkthroughs and reference imagery to guide real-time educational scanning; and Butterfly iQ+/iQ3 Vet, a third generation handheld ultrasound system. It sells and markets its products through a direct sales force, distributors, and e-commerce channels. Butterfly Network, Inc. was founded in 2011 and is headquartered in Burlington, Massachusetts. |
| Long Name | Butterfly Network, Inc. |
| Market | us_market |
| Market Cap | 1,449,490,688 |
| Market State | POSTPOST |
| Max Age | 86,400 |
| Message Board Id | finmb_275830634 |
| Most Recent Quarter | 1,774,915,200 |
| Net Income To Common | -75,774,000 |
| Next Fiscal Year End | 1,798,675,200 |
| Non Diluted Market Cap | 1,449,490,618 |
| Number Of Analyst Opinions | 4 |
| Open | 5.71 |
| Operating Cashflow | -14,917,000 |
| Operating Margins | -0.50841 |
| Overall Risk | 7 |
| Payout Ratio | 0.0 |
| Phone | 781 557 4800 |
| Post Market Change | -0.0001001358 |
| Post Market Change Percent | -0.0018075055 |
| Post Market Price | 5.5399 |
| Post Market Time | 1,781,308,800 |
| Previous Close | 5.68 |
| Price Eps Current Year | -43.45098 |
| Price Hint | 2 |
| Price To Book | 7.568306 |
| Price To Sales Trailing12 Months | 14.084348 |
| Profit Margins | -0.73627996 |
| Quick Ratio | 2.739 |
| Quote Source Name | Delayed Quote |
| Quote Type | EQUITY |
| Recommendation Key | none |
| Region | US |
| Regular Market Change | -0.14 |
| Regular Market Change Percent | -2.46479 |
| Regular Market Day High | 5.97 |
| Regular Market Day Low | 5.285 |
| Regular Market Day Range | 5.285 - 5.97 |
| Regular Market Open | 5.71 |
| Regular Market Previous Close | 5.68 |
| Regular Market Price | 5.54 |
| Regular Market Time | 1,781,294,403 |
| Regular Market Volume | 5,340,226 |
| Return On Assets | -0.111619994 |
| Return On Equity | -0.35169 |
| Revenue Growth | 0.25 |
| Revenue Per Share | 0.408 |
| Sand P52 Week Change | 0.23177934 |
| Sector | Healthcare |
| Sector Disp | Healthcare |
| Sector Key | healthcare |
| Share Holder Rights Risk | 9 |
| Shares Outstanding | 235,213,969 |
| Shares Percent Shares Out | 0.1038 |
| Shares Short | 27,154,629 |
| Shares Short Previous Month Date | 1,777,507,200 |
| Shares Short Prior Month | 24,143,035 |
| Short Name | Butterfly Network, Inc. |
| Short Percent Of Float | 0.1329 |
| Short Ratio | 5.78 |
| Source Interval | 15 |
| State | MA |
| Symbol | BFLY |
| Target High Price | 6.0 |
| Target Low Price | 5.25 |
| Target Mean Price | 5.6875 |
| Target Median Price | 5.75 |
| Total Cash | 137,954,000 |
| Total Cash Per Share | 0.528 |
| Total Debt | 19,757,000 |
| Total Revenue | 102,915,000 |
| Tradeable | 0 |
| Trailing Annual Dividend Rate | 0.0 |
| Trailing Annual Dividend Yield | 0.0 |
| Trailing Eps | -0.3 |
| Trailing Peg Ratio | None |
| Triggerable | 1 |
| Two Hundred Day Average | 3.4467 |
| Two Hundred Day Average Change | 2.0932999 |
| Two Hundred Day Average Change Percent | 0.6073345 |
| Type Disp | Equity |
| Volume | 5,340,226 |
| Website | https://www.butterflynetwork.com |
| Zip | 1,803 |