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Butterfly Network, Inc. (BFLY)

Healthcare | Medical Devices | Burlington, United States | NYSE
8.43 USD -0.29 (-3.326%) ⇩ (Aug. 28, 2026, 4 p.m. EDT)
After hours: 8.63 +0.20 (2.372%) ⇧ (Aug. 28, 2026, 7:52 p.m. EDT)

Short-term:★★★⯪☆Long-term:★★⯪☆☆Dividends:☆☆☆☆☆
Hot Take | Aug. 22, 2026, 4:24 a.m. EDT

The immediate outlook is driven by a potent mix of technical recovery and speculative hype. The stock has staged a remarkable rebound from its 2024 lows, trading well above its 200-day average, which suggests institutional accumulation is underway. This optimism is fueled by the recent midjourney partnership and strong revenue beats, creating a narrative of an AI-enabled medical device leader finding its footing. However, the fundamental reality remains stark: the company is burning cash with negative operating margins and a history of severe multi-year declines. While the short-term momentum is clearly building toward a potential breakout, the lack of profitability and the founder's recent share sales introduce significant risk. The market is pricing in a turnaround story, but until free cash flow turns positive and losses narrow, this remains a high-volatility speculation rather than a solid investment.

Model Selection — Backtest MAE (log-scale, lower is better)
ModelMAE
AutoTheta ✓0.079466
MSTL0.102774
AutoARIMA0.108237
AutoETS0.109269

Forecast horizon: 45 days | Selected: AutoTheta

Forecast Reliability
Score 36%
H-stat 0.48
Ljung-Box p 0.000
Jarque-Bera p 0.220
Excess Kurtosis -0.75
Attribute Value
Sector Healthcare
Debt to Equity Ratio 10.083
Revenue per Share 0.438
Market Cap 2,244,784,128
Forward P/E -140.50
Beta 2.08
Profit Margins -66.75%
Website https://www.butterflynetwork.com

As of Aug. 22, 2026, 4:24 a.m. EDT: Speculators are heavily positioned for upside, evidenced by massive open interest in out-of-the-money calls (strikes 10.0 and 12.5) compared to negligible put volume. Implied volatility is significantly higher for puts, suggesting fear of a drop, yet the sheer volume of call buying indicates a bullish bias on near-term catalysts like the AI partnership. Long-dated options show a 'long gamma' setup where traders are betting on a sustained move away from current lows.


Info Dump

Attribute Value
52 Week Change 4.662338
Address1 1,600 District Avenue
All Time High 29.13
All Time Low 0.674
Ask 8.47
Ask Size 1,300
Audit Risk 1
Average Daily Volume10 Day 4,396,690
Average Daily Volume3 Month 8,317,247
Average Volume 8,393,064
Average Volume10Days 4,396,690
Beta 2.084
Bid 8.55
Bid Size 1,500
Board Risk 5
Book Value 0.716
City Burlington
Compensation As Of Epoch Date 1,767,139,200
Compensation Risk 10
Country United States
Crypto Tradeable 0
Currency USD
Current Price 8.43
Current Ratio 4.06
Custom Price Alert Confidence HIGH
Date Short Interest 1,786,665,600
Day High 8.84
Day Low 8.4
Debt To Equity 10.083
Display Name Butterfly Network
Earnings Call Timestamp End 1,785,412,800
Earnings Call Timestamp Start 1,785,412,800
Earnings Timestamp 1,785,414,600
Earnings Timestamp End 1,793,363,400
Earnings Timestamp Start 1,793,363,400
Ebitda -46,817,000
Ebitda Margins -0.41747
Enterprise To Ebitda -45.693
Enterprise To Revenue 19.076
Enterprise Value 2,139,222,144
Eps Current Year -0.09
Eps Forward -0.06
Eps Trailing Twelve Months -0.29
Esg Populated 0
Exchange NYQ
Exchange Data Delayed By 0
Exchange Timezone Name America/New_York
Exchange Timezone Short Name EDT
Fifty Day Average 8.062
Fifty Day Average Change 0.36800003
Fifty Day Average Change Percent 0.045646243
Fifty Two Week Change Percent 441.61493
Fifty Two Week High 10.05
Fifty Two Week High Change -1.6199999
Fifty Two Week High Change Percent -0.16119401
Fifty Two Week Low 1.47
Fifty Two Week Low Change 6.96
Fifty Two Week Low Change Percent 4.734694
Fifty Two Week Range 1.47 - 10.05
Financial Currency USD
First Trade Date Milliseconds 1,594,647,000,000
Float Shares 220,209,858
Forward Eps -0.06
Forward P E -140.50002
Free Cashflow 925,625
Full Exchange Name NYSE
Full Time Employees 220
Fullday Change -0.29
Fullday Change Percent -3.32569
Fullday Price 8.63
Gmt Off Set Milliseconds -14,400,000
Governance Epoch Date 1,785,542,400
Gross Margins 0.68158996
Gross Profits 76,436,000
Has Pre Post Market Data 1
Held Percent Insiders 0.10186
Held Percent Institutions 0.61444
Implied Shares Outstanding 266,285,183
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 2,244,784,128
Market State CLOSED
Max Age 86,400
Message Board Id finmb_275830634
Most Recent Quarter 1,782,777,600
Net Income To Common -74,850,000
Next Fiscal Year End 1,798,675,200
Non Diluted Market Cap 2,322,006,795
Number Of Analyst Opinions 4
Open 8.75
Operating Cashflow -24,019,000
Operating Margins -0.30897
Overall Risk 8
Payout Ratio 0.0
Phone 781 557 4800
Post Market Change 0.19999981
Post Market Change Percent 2.3724768
Post Market Price 8.63
Post Market Time 1,787,961,121
Previous Close 8.72
Price Eps Current Year -93.666664
Price Hint 2
Price To Book 11.773743
Price To Sales Trailing12 Months 20.01698
Profit Margins -0.66745
Quick Ratio 2.887
Quote Source Name Delayed Quote
Quote Type EQUITY
Recommendation Key none
Region US
Regular Market Change -0.29
Regular Market Change Percent -3.32569
Regular Market Day High 8.84
Regular Market Day Low 8.4
Regular Market Day Range 8.4 - 8.84
Regular Market Open 8.75
Regular Market Previous Close 8.72
Regular Market Price 8.43
Regular Market Time 1,787,947,203
Regular Market Volume 3,857,741
Return On Assets -0.10466
Return On Equity -0.35457
Revenue Growth 0.395
Revenue Per Share 0.438
Sand P52 Week Change 0.1966995
Sector Healthcare
Sector Disp Healthcare
Sector Key healthcare
Share Holder Rights Risk 9
Shares Outstanding 244,858,246
Shares Percent Shares Out 0.120799996
Shares Short 32,180,029
Shares Short Previous Month Date 1,784,073,600
Shares Short Prior Month 31,253,468
Short Name Butterfly Network, Inc.
Short Percent Of Float 0.1504
Short Ratio 4.21
Source Interval 15
State MA
Symbol BFLY
Target High Price 11.0
Target Low Price 5.25
Target Mean Price 9.3125
Target Median Price 10.5
Total Cash 124,659,000
Total Cash Per Share 0.468
Total Debt 19,097,000
Total Revenue 112,144,000
Tradeable 0
Trailing Annual Dividend Rate 0.0
Trailing Annual Dividend Yield 0.0
Trailing Eps -0.29
Trailing Peg Ratio None
Triggerable 1
Two Hundred Day Average 4.9855
Two Hundred Day Average Change 3.4445004
Two Hundred Day Average Change Percent 0.6909037
Type Disp Equity
Volume 3,857,741
Website https://www.butterflynetwork.com
Zip 1,803