Butterfly Network, Inc. (BFLY) Stock Price & Analysis
Butterfly Network, Inc. (BFLY) closed at USD 7.85 on Thursday, October 15, 2026, up 3.29% on the day. The US market is currently closed; this is not a live price.
The prior close was USD 7.6; the Oct 15, 2026 session ranged USD 7.26–7.92 on volume of 4,095,436 shares. Market capitalization is $2.09B, with a 52-week range of USD 1.9–10.21 (NYQ). Source: Nexqual, retrieved October 16, 2026 at 05:22 UTC.
Also available as compact Markdown for AI agents: nexqual.com/BFLY.md
Key facts (BFLY)
- Last four reported quarters (through Jun 30, 2026): revenue $112M, net income -$74.8M (-66.7% margin), free cash flow -$28.0M (SEC filings).
- 1 of 80 tracked superinvestors hold BFLY (13F, Q2 2026): 0 new, 1 added, 0 reduced, 0 unchanged.
- Analysts: Buy (mean 1.86 on a 1–5 scale) (7 analysts), mean target USD 11.17 (range 10–15).
- Total return with dividends: 1Y +250.4% vs S&P 500 +18.1%; 5Y -26.2% vs S&P 500 +85.1%.
- Next earnings: 2026-10-29, EPS estimate USD -0.03, revenue estimate $28.3M.
Financials (SEC 10-K; TTM = last four 10-Q/10-K quarters) (BFLY)
| USD | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | TTM |
|---|---|---|---|---|---|---|
| Revenue | $62.6M | $73.4M | $65.9M | $82.1M | $97.6M | $112M |
| Gross profit | $17.1M | $39.5M | $16.9M | $48.8M | $45.7M | — |
| Operating income | -$193M | -$193M | -$146M | -$74.4M | -$86.4M | -$79.4M |
| Net income | -$32.4M | -$169M | -$134M | -$72.5M | -$77.1M | -$74.8M |
| EPS (diluted) | -$0.19 | -$0.84 | -$0.65 | -$0.34 | -$0.31 | — |
| Free cash flow | -$197M | -$187M | -$105M | -$44.4M | -$16.0M | -$28.0M |
| Gross margin | 27.3% | 53.8% | 25.6% | 59.5% | 46.9% | — |
| Operating margin | -308.0% | -263.0% | -221.0% | -90.7% | -88.5% | -70.8% |
| Net margin | -51.8% | -229.9% | -202.9% | -88.3% | -79.0% | -66.7% |
| Revenue growth | +35.3% | +17.3% | -10.2% | +24.5% | +19.0% | — |
| Cash + short-term investments | — | $238M | — | — | $150M | — |
Fiscal years end Dec. EPS is split-adjusted.
Valuation (price ÷ last four quarters, through Jun 30, 2026) (BFLY)
P/S 18.6x · P/B 11.0x · FCF yield -1.34% · Earnings yield -3.58%
Superinvestors (SEC 13F-HR, Q2 2026) (BFLY)
1 of 80 tracked investors hold BFLY. Change is vs their prior-quarter share count.
| Investor | Firm | % of portfolio | Value | Change |
|---|---|---|---|---|
| Polen Capital | Polen Capital Management | 0.03% | $4.0M | Added +18.3% |
Analysts (BFLY)
Consensus Buy (mean 1.86 on a 1–5 scale), 7 analysts; mean target USD 11.17 (low 10, high 15).
Rating changes, last 120 days:
| Date | Firm | Action | Rating | Price target |
|---|---|---|---|---|
| 2026-10-12 | Canaccord Genuity | Initiated | Buy | $10 |
| 2026-09-29 | Evercore ISI Group | Initiated | Outperform | $15 |
| 2026-09-22 | Needham | Initiated | Buy | $10 |
| 2026-09-11 | TD Cowen | Reiterated | Buy | $10 |
Total return (dividends reinvested) (BFLY)
| 1Y (from 2025-10-16) | 5Y (from 2021-10-11) | |
|---|---|---|
| Total return | +250.4% | -26.2% |
| S&P 500 (SPY) | +18.1% | +85.1% |
| Per year | +252.0% | -5.9% |
| Volatility (annualized) | 115.0% | 92.5% |
| Max drawdown | -40.6% (Jan 2026→Feb 2026) | -92.8% (Oct 2021→Apr 2024) |
Key Statistics (as of October 16, 2026 at 05:22 UTC)
| Price | USD 7.85 |
|---|---|
| Change | ▲ 3.29% (up) |
| Previous Close | USD 7.6 |
| Open | USD 7.5 |
| Day Range | USD 7.26 – 7.92 |
| 52-Week Range | USD 1.9 – 10.21 |
| Volume | 4,095,436 shares |
| Market Cap | $2.09B |
| Exchange | NYQ |
Technical Analysis (BFLY)
Nexqual's technical model rates BFLY "STRONG SELL" based on 0 bullish and 5 bearish signals across 127 daily candles, as of October 16, 2026 at 05:22 UTC.
| Overall Signal | STRONG SELL |
|---|---|
| RSI (14) | 43.27 (neutral) |
| vs SMA50 | Below (USD 8.49) |
| MACD | -0.09 (negative) |
Analyst Ratings (BFLY)
Wall Street analysts rate BFLY "Buy" based on 7 analysts, with a mean price target of USD 11.17 (range USD 10–15), per Nexqual as of October 16, 2026 at 05:22 UTC.
| Consensus Rating | Buy |
|---|---|
| Analyst Count | 7 |
| Mean Target | USD 11.17 |
| High Target | USD 15 |
| Low Target | USD 10 |
| Buy / Hold / Sell | 7 / 0 / 0 |
Earnings (BFLY)
| Next Earnings Date | 2026-10-29 |
|---|---|
| EPS Estimate | USD -0.03 |
| Revenue Estimate | $28.34M |
Recent Earnings History
| Quarter | Actual vs Estimate |
|---|---|
| 2026-06-30 | USD -0.01 vs est -0.03 ▲ beat |
| 2026-03-31 | USD -0.03 vs est -0.05 ▲ beat |
| 2025-12-31 | USD -0.02 vs est -0.05 ▲ beat |
| 2025-09-30 | USD -0.04 vs est -0.05 ▲ beat |
Source: Nexqual, October 16, 2026 at 05:22 UTC.
Financials & Fundamentals (BFLY)
| Total Revenue | $112.14M |
|---|---|
| Revenue Growth (latest quarter, YoY) | +39.50% |
| Gross Margin | +68.16% |
| Operating Margin | -30.90% |
| Profit Margin | -66.75% |
| ROE | -35.46% |
| Debt / Equity | 0.1 |
| Current Ratio | 4.06 |
| Total Cash | $124.66M |
| Total Debt | $19.10M |
| Free Cash Flow (fiscal year ended Dec 2025, SEC 10-K) | -$16.05M (-16.4% of revenue) |
Source: Nexqual, October 16, 2026 at 05:22 UTC.
Financial Health Score (BFLY)
Nexqual rates Butterfly Network, Inc.'s overall financial health "Mixed" across five dimensions, as of October 16, 2026 at 05:22 UTC.
| Growth | Strong — Revenue +19% YoY (annual) |
|---|---|
| Profitability | Solid — Gross margin 68%, operating -31% |
| Balance Sheet | Strong — $125M cash vs $19M debt, net cash position |
| Cash Flow | Weak — FCF negative: -$16M (FY ended Dec 2025, 10-K), burning cash |
| Efficiency | Critical — ROE -35%, ROA -10.5% |
Ownership (BFLY)
| Insider Ownership | +10.24% |
|---|---|
| Institutional Ownership | +62.07% |
| Shares Outstanding | 244.86M |
| Float | 219.98M |
| Short % of Float | +14.79% |
Source: Nexqual, October 16, 2026 at 05:22 UTC.
Leadership (BFLY)
Butterfly Network, Inc. is led by Joseph M. DeVivo (age 58), CEO, President & Chairman of the Board, per Nexqual as of October 16, 2026 at 05:22 UTC.
| CEO, President & Chairman of the Board | Joseph M. DeVivo (age 58) |
|---|---|
| Founder & Director | Jonathan M. Rothberg (age 61) |
| Executive VP & CFO | John N. Doherty (age 60) |
Major Backers & Investors (BFLY)
Notable institutional backers of Butterfly Network, Inc. include Fidelity, Glenview Capital Management, Llc, Hood River Capital Management LLC, according to Nexqual as of October 16, 2026 at 05:22 UTC.
Active Investors
| Investor | Stake |
|---|---|
| Fidelity | 7.95% |
| Glenview Capital Management, Llc | 5.85% |
| Hood River Capital Management LLC | 5.39% |
| Fosun International Ltd | 4.18% |
| ARK Invest | 4.08% |
| Shaw D.E. & Co., Inc. | 2.61% |
Index Funds (Passive)
| Fund | Stake |
|---|---|
| BlackRock | 9.88% |
| Vanguard Group | 6.91% |
| State Street | 2.35% |
| Geode Capital | 2.18% |
Source: Nexqual, October 16, 2026 at 05:22 UTC.
Peers & Related Stocks
| Symbol | Name | Price | Change |
|---|---|---|---|
| AXGN | AxoGen, Inc. | USD 35.63 | ▼ 1.49% |
| INSP | Inspire Medical Systems, Inc. | USD 70.12 | ▲ 1.83% |
| UFPT | UFP Technologies, Inc. | USD 297.19 | ▲ 0.99% |
| ALMR | Alamar Biosciences, Inc. | USD 27.42 | ▲ 16.58% |
| ESTA | Establishment Labs Holdings Inc | USD 61.36 | ▲ 4.98% |
| TMDX | TransMedics Group, Inc. | USD 76.52 | ▼ 3.3% |
Data source: Nexqual — market data, technical indicators, analyst consensus, earnings, SEC EDGAR filings. Last updated: October 16, 2026 at 05:22 UTC. This page is informational and not investment advice.
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