At the time of writing, Butterfly Network Inc [BFLY] stock is trading at $2.46, up 7.42%. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The BFLY shares have gain 20.59% over the last week, with a monthly amount drifted -3.53%, and not seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Previously, Lake Street started tracking the stock with Buy rating on September 10, 2024, and set its price target to $3. On March 29, 2023, UBS initiated with a Neutral rating and assigned a price target of $2.25 on the stock. Oppenheimer started tracking the stock assigning a Outperform rating and suggested a price target of $4.50 on November 29, 2022. B. Riley Securities initiated its recommendation with a Buy and recommended $9.50 as its price target on October 04, 2022. UBS started tracking with a Neutral rating for this stock on December 17, 2021, and assigned it a price target of $7. In a note dated June 21, 2021, Cowen initiated an Outperform rating and provided a target price of $20 on this stock.
For the past year, the stock price of Butterfly Network Inc fluctuated between $0.67 and $4.98. Currently, Wall Street analysts expect the stock to reach $5 within the next 12 months. Butterfly Network Inc [NYSE: BFLY] shares were valued at $2.46 at the most recent close of the market. An investor can expect a potential return of 103.25% based on the average BFLY price forecast.
Analyzing the BFLY fundamentals
According to Butterfly Network Inc [NYSE:BFLY], the company’s sales were 82.06M for trailing twelve months, which represents an 35.33% jump. Gross Profit Margin for this corporation currently stands at 0.6% with Operating Profit Margin at -0.88%, Pretax Profit Margin comes in at -0.88%, and Net Profit Margin reading is -0.88%. To continue investigating profitability, this company’s Return on Assets is posted at -0.28, Equity is -0.39 and Total Capital is -0.35. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.12.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 2.29 points at the first support level, and at 2.12 for the second support level. However, for the 1st resistance point, the stock is sitting at 2.55, and for the 2nd resistance point, it is at 2.63.
Ratios To Look Out For
It is important to note that Butterfly Network Inc [NYSE:BFLY] has a current ratio of 3.99. As well, the Quick Ratio is 2.41, while the Cash Ratio is 1.84. Considering the valuation of this stock, the price to sales ratio is 7.28, the price to book ratio is 3.13.
Transactions by insiders
Recent insider trading involved Stoica Andrei G, Chief Technology Officer, that happened on Apr 01 ’25 when 1805.0 shares were sold. Officer, Stoica Andrei G completed a deal on Apr 01 ’25 to buy 1805.0 shares. Meanwhile, Chief Technology Officer Stoica Andrei G sold 3354.0 shares on Mar 26 ’25.
