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Healthcare - Medical - Devices - NYSE - US
$ 2.35
-8.2 %
$ 501 M
Market Cap
-5.0
P/E
1. INTRINSIC VALUE

Butterfly Network, Inc., a digital health company, develops, manufactures, and commercializes ultrasound imaging solutions in the United States and internationally. It offers Butterfly iQ, a handheld and single-probe whole body ultrasound system; Butterfly iQ+, a point-of-care ultrasound imaging device that connects with a smartphone, tablet, and hospital computer system; and Butterfly Blueprint, a system-wide ultrasound platform with Compass software that integrates into a healthcare system's clinical and administrative infrastructure. The company also provides Butterfly system, which includes probes, and related accessories and software subscriptions, to healthcare systems, physicians, and healthcare providers through a direct sales force, distributors, and eCommerce channel. In addition, it offers cloud-based software solutions to healthcare systems, teleguidance, in-app educational tutorials, and formal education programs through its Butterfly Academy software, as well as clinical support and services.[ Read More ]

The intrinsic value of one BFLY stock under the base case scenario is HIDDEN Compared to the current market price of 2.35 USD, Butterfly Network, Inc. is HIDDEN

2. FUNDAMENTAL ANALYSIS

Price Chart BFLY

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FINANCIALS
65.9 M REVENUE
-10.21%
-146 M OPERATING INCOME
24.56%
-134 M NET INCOME
20.76%
-98.8 M OPERATING CASH FLOW
41.57%
70.4 M INVESTING CASH FLOW
175.09%
228 K FINANCING CASH FLOW
-92.09%
20.6 M REVENUE
-4.31%
-17.2 M OPERATING INCOME
-3.73%
-16.9 M NET INCOME
-7.75%
-7.92 M OPERATING CASH FLOW
20.80%
-413 K INVESTING CASH FLOW
40.92%
0 FINANCING CASH FLOW
0.00%
Balance Sheet Decomposition Butterfly Network, Inc.
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Current Assets 231 M
Cash & Short-Term Investments 134 M
Receivables 13.4 M
Other Current Assets 83.4 M
Non-Current Assets 73 M
Long-Term Investments 0
PP&E 41 M
Other Non-Current Assets 32 M
Current Liabilities 44.3 M
Accounts Payable 5.09 M
Short-Term Debt 2.19 M
Other Current Liabilities 37 M
Non-Current Liabilities 40 M
Long-Term Debt 22.8 M
Other Non-Current Liabilities 17.1 M
EFFICIENCY
Earnings Waterfall Butterfly Network, Inc.
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Revenue 65.9 M
Cost Of Revenue 49 M
Gross Profit 16.9 M
Operating Expenses 162 M
Operating Income -146 M
Other Expenses -11.9 M
Net Income -134 M
RATIOS
25.58% GROSS MARGIN
25.58%
-220.96% OPERATING MARGIN
-220.96%
-202.88% NET MARGIN
-202.88%
-60.76% ROE
-60.76%
-43.94% ROA
-43.94%
-66.21% ROIC
-66.21%
FREE CASH FLOW ANALYSIS
Free Cash Flow Analysis Butterfly Network, Inc.
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Net Income -134 M
Depreciation & Amortization 8.77 M
Capital Expenditures -5.78 M
Stock-Based Compensation 27.5 M
Change in Working Capital -20.1 M
Others 34.8 M
Free Cash Flow -105 M
3. WALL STREET ANALYSTS ESTIMATES
Wall Street Analysts Price Targets Butterfly Network, Inc.
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BFLY has no price targets from Wall Street.
4. DIVIDEND ANALYSIS
0.00% DIVIDEND YIELD
0 USD DIVIDEND PER SHARE
5. COMPETITION
6. Ownership
Insider Ownership Butterfly Network, Inc.
image
Sold
0-3 MONTHS
144 K USD 2
3-6 MONTHS
15.2 K USD 1
6-9 MONTHS
256 K USD 2
9-12 MONTHS
114 K USD 2
Bought
1.95 M USD 1
0-3 MONTHS
98.5 K USD 1
3-6 MONTHS
0 USD 0
6-9 MONTHS
0 USD 0
9-12 MONTHS
Date Value Insider Amount Avg Price
1 month ago
Oct 01, 2024
Sell 3.03 K USD
Stoica Andrei G
Chief Technology Officer
- 1696
1.789 USD
1 month ago
Sep 24, 2024
Sell 5.74 K USD
Stoica Andrei G
Chief Technology Officer
- 3296
1.74 USD
2 months ago
Sep 13, 2024
Sell 118 K USD
Phanstiel S. Louise
Director
- 60049
1.9616 USD
2 months ago
Sep 05, 2024
Sell 17.3 K USD
Stoica Andrei G
Chief Technology Officer
- 10212
1.696 USD
2 months ago
Aug 30, 2024
Bought 262 K USD
ROBBINS LARRY
director, 10 percent owner:
+ 244774
1.0714 USD
2 months ago
Aug 29, 2024
Bought 462 K USD
ROBBINS LARRY
Director
+ 429919
1.0746 USD
2 months ago
Aug 28, 2024
Bought 293 K USD
ROBBINS LARRY
Director
+ 294673
0.9937 USD
2 months ago
Aug 28, 2024
Bought 929 K USD
ROBBINS LARRY
Director
+ 952277
0.9751 USD
3 months ago
Aug 07, 2024
Bought 98.5 K USD
DEVIVO JOSEPH
President & CEO
+ 104000
0.9473 USD
4 months ago
Jul 02, 2024
Sell 1.49 K USD
Stoica Andrei G
Chief Technology Officer
- 1703
0.873 USD
4 months ago
Jun 25, 2024
Sell 3.11 K USD
Stoica Andrei G
Chief Technology Officer
- 3363
0.924 USD
5 months ago
Jun 05, 2024
Sell 10.6 K USD
Stoica Andrei G
Chief Technology Officer
- 11754
0.902 USD
6 months ago
May 03, 2024
Sell 57 K USD
Getz Heather C
EVP, CFO & COO
- 59848
0.953 USD
7 months ago
Apr 02, 2024
Sell 1.78 K USD
Stoica Andrei G
Chief Technology Officer
- 1778
1.002 USD
7 months ago
Mar 25, 2024
Sell 3.38 K USD
Stoica Andrei G
Chief Technology Officer
- 3298
1.025 USD
8 months ago
Mar 11, 2024
Sell 87.2 K USD
Stoica Andrei G
Chief Technology Officer
- 76498
1.14 USD
8 months ago
Mar 11, 2024
Sell 92.9 K USD
Getz Heather C
EVP, CFO & COO
- 81448
1.14 USD
8 months ago
Mar 05, 2024
Sell 13.9 K USD
Stoica Andrei G
Chief Technology Officer
- 12113
1.15 USD
10 months ago
Jan 05, 2024
Sell 67.5 K USD
Getz Heather C
EVP, CFO & COO
- 66142
1.02 USD
10 months ago
Jan 05, 2024
Sell 36.3 K USD
Stoica Andrei G
Chief Technology Officer
- 35612
1.02 USD
10 months ago
Dec 26, 2023
Sell 2.33 K USD
Stoica Andrei G
Chief Technology Officer
- 2247
1.035 USD
11 months ago
Dec 05, 2023
Sell 7.9 K USD
Stoica Andrei G
Chief Technology Officer
- 7935
0.995 USD
1 year ago
Oct 03, 2023
Sell 1.92 K USD
Stoica Andrei G
Chief Technology Officer
- 1748
1.099 USD
1 year ago
Sep 25, 2023
Sell 3.98 K USD
Stoica Andrei G
Chief Technology Officer
- 3300
1.205 USD
1 year ago
Sep 06, 2023
Sell 21.7 K USD
Stoica Andrei G
Chief Technology Officer
- 11674
1.857 USD
1 year ago
Aug 30, 2023
Bought 18.1 K USD
DEVIVO JOSEPH
President & CEO
+ 10000
1.81 USD
1 year ago
Jul 05, 2023
Sell 60.5 K USD
Weiss Lawrence T
CLO, GC and Corp Sec
- 27655
2.188 USD
1 year ago
Jul 05, 2023
Sell 143 K USD
Getz Heather C
EVP & Chief Financial Officer
- 65577
2.188 USD
1 year ago
Jul 03, 2023
Sell 3.94 K USD
Stoica Andrei G
Chief Technology Officer
- 1687
2.336 USD
1 year ago
Jul 05, 2023
Sell 99.8 K USD
Stoica Andrei G
Chief Technology Officer
- 45633
2.188 USD
1 year ago
Jun 23, 2023
Sell 7.06 K USD
Stoica Andrei G
Chief Technology Officer
- 3362
2.1 USD
1 year ago
Jun 06, 2023
Sell 26.3 K USD
Stoica Andrei G
Chief Technology Officer
- 11661
2.2527 USD
1 year ago
May 24, 2023
Sell 116 K USD
Weiss Lawrence T
CLO, GC and Corp Sec
- 52296
2.2196 USD
1 year ago
May 03, 2023
Sell 128 K USD
Getz Heather C
EVP & Chief Financial Officer
- 64536
1.976 USD
1 year ago
Mar 31, 2023
Sell 1.98 K USD
Stoica Andrei G
Chief Technology Officer
- 1200
1.65 USD
1 year ago
Mar 23, 2023
Sell 18 K USD
Stoica Andrei G
Chief Technology Officer
- 9239
1.9495 USD
1 year ago
Mar 06, 2023
Sell 71.9 K USD
Stoica Andrei G
Chief Technology Officer
- 31965
2.2491 USD
1 year ago
Feb 13, 2023
Sell 11.7 K USD
Martin John David
Chief Medical Officer
- 4841
2.4135 USD
1 year ago
Dec 19, 2022
Sell 63.4 K USD
Shahida Darius
director: Chief Strategy/Bus Dev Officer
- 26885
2.3599 USD
1 year ago
Dec 14, 2022
Sell 980 USD
Quander Troy
director: SVP, Regulatory and Quality
- 374
2.6214 USD
2 years ago
Oct 03, 2022
Sell 22.7 K USD
Stoica Andrei G
director: Chief Technology Officer
- 4776
4.7613 USD
2 years ago
Sep 19, 2022
Sell 111 K USD
Shahida Darius
Chief Strategy/Bus Dev Officer
- 20139
5.4933 USD
2 years ago
Sep 14, 2022
Sell 9.25 K USD
Quander Troy
SVP, Regulatory and Quality
- 1493
6.1927 USD
2 years ago
Jun 21, 2022
Sell 51.1 K USD
Shahida Darius
director: Chief Strategy/Bus Dev Officer
- 16069
3.18 USD
2 years ago
Mar 17, 2022
Sell 17.6 K USD
Fielding Stephanie
director: Chief Financial Officer
- 3269
5.39 USD
2 years ago
Mar 17, 2022
Sell 88.6 K USD
Shahida Darius
director: Chief Strategy/Bus Dev Officer
- 16430
5.39 USD
2 years ago
Mar 15, 2022
Bought 2.25 M USD
ROBBINS LARRY
director:
+ 500000
4.5028 USD
2 years ago
Feb 16, 2022
Sell 96 K USD
Pugh Stacey
Chief Commercial Officer
- 16122
5.9515 USD
2 years ago
Feb 16, 2022
Sell 99.3 K USD
Miller Mary
General Counsel & Corp Sec
- 16677
5.9515 USD
2 years ago
Feb 02, 2022
Sell 578 K USD
Fruchterman Todd
President and CEO
- 99239
5.8199 USD
2 years ago
Dec 20, 2021
Sell 95.4 K USD
Fielding Stephanie
Chief Financial Officer
- 13440
7.0974 USD
2 years ago
Dec 20, 2021
Sell 463 K USD
Shahida Darius
Strategy and Business Develop.
- 65274
7.0974 USD
3 years ago
Aug 25, 2021
Sell 841 K USD
Perri David
director: Chief Operating Officer
- 70000
12.0087 USD
3 years ago
Aug 23, 2021
Sell 75.3 K USD
Perri David
Chief Operating Officer
- 6811
11.0613 USD
3 years ago
Aug 23, 2021
Sell 762 K USD
Perri David
Chief Operating Officer
- 68894
11.0613 USD
3 years ago
Jun 08, 2021
Sell 1.93 M USD
Perri David
director: Chief Operating Officer
- 137792
14 USD
3 years ago
May 27, 2021
Bought 443 K USD
ROBBINS LARRY
director, 10 percent owner:
+ 39905
11.0963 USD
3 years ago
May 26, 2021
Bought 1.66 M USD
ROBBINS LARRY
director, 10 percent owner:
+ 150000
11.0933 USD
3 years ago
Feb 12, 2021
Bought 25 M USD
ROBBINS LARRY
director, 10 percent owner:
+ 2500000
10 USD
3 years ago
Feb 12, 2021
Bought 22.7 M USD
ROBBINS LARRY
director, 10 percent owner:
+ 2274846
10 USD
3 years ago
Feb 12, 2021
Bought 78.8 M USD
ROBBINS LARRY
director, 10 percent owner:
+ 6853333
11.5 USD
11 years ago
May 23, 2013
Sell 25.6 K USD
Prentice Capital Management, LP
10 percent owner
- 3371959
0.0076 USD
11 years ago
May 23, 2013
Sell 49.2 K USD
SOROS GEORGE
10 percent owner
- 6480070
0.0076 USD
11 years ago
May 23, 2013
Sell 1.18 K USD
SOROS GEORGE
10 percent owner
- 11754
0.1 USD
11 years ago
May 23, 2013
Sell 49.2 K USD
QUANTUM INDUSTRIAL PARTNERS LDC ET AL
10 percent owner
- 6480070
0.0076 USD
11 years ago
May 23, 2013
Sell 28.2 K USD
MAVERICK CAPITAL LTD
10 percent owner
- 3704101
0.0076 USD
12 years ago
Aug 13, 2012
Bought 500 K USD
Prentice Capital Management, LP
10 percent owner
+ 476190
1.05 USD
13 years ago
Sep 07, 2011
Bought 1 M USD
SOROS GEORGE
10 percent owner
+ 555555
1.8 USD
13 years ago
Sep 07, 2011
Bought 1 M USD
QUANTUM INDUSTRIAL PARTNERS LDC ET AL
10 percent owner
+ 555555
1.8 USD
16 years ago
Jul 23, 2008
Bought 0 USD
SOROS GEORGE
10 percent owner
+ 0
3.65 USD
17 years ago
Jan 25, 2007
Sell 27.1 K USD
SOROS GEORGE
10 percent owner
- 22407
1.21 USD
17 years ago
Jan 25, 2007
Sell 887 USD
SOROS GEORGE
10 percent owner
- 733
1.21 USD
17 years ago
Jan 25, 2007
Sell 27.1 K USD
QUANTUM INDUSTRIAL PARTNERS LDC ET AL
10 percent owner
- 22407
1.21 USD
19 years ago
Jun 24, 2005
Sell 1.7 K USD
SOROS GEORGE
10 percent owner
- 2242.057
0.76 USD
19 years ago
Jun 24, 2005
Bought 6.74 K USD
SOROS GEORGE
10 percent owner
+ 2904.6
2.32 USD
19 years ago
Jun 24, 2005
Sell 55.8 USD
SOROS GEORGE
10 percent owner
- 73.4
0.76 USD
19 years ago
Jun 24, 2005
Bought 221 USD
SOROS GEORGE
10 percent owner
+ 95.4
2.32 USD
19 years ago
Jun 24, 2005
Sell 1.7 K USD
QUANTUM INDUSTRIAL PARTNERS LDC ET AL
10 percent owner
- 2242.057
0.76 USD
19 years ago
Jun 24, 2005
Bought 6.74 K USD
QUANTUM INDUSTRIAL PARTNERS LDC ET AL
10 percent owner
+ 2904.6
2.32 USD
7. News
Butterfly Network to Participate at the Virtual BTIG Digital Health Forum on November 25, 2024 NEW YORK & BURLINGTON, Mass.--(BUSINESS WIRE)---- $BFLY #POCUS--Butterfly Network, Inc. (NYSE: BFLY) (“Butterfly”) a digital health company transforming care with handheld, whole-body ultrasound and intuitive software, today announced that its management will present and host one-on-one meetings at the virtual BTIG Digital Health Forum on November 25, 2024. Presentations at the event will include: 9:00 am ET Fireside Chat: Joseph DeVivo, President, Chief Executive Officer and Chairman, and Heather Getz, Executi. businesswire.com - 6 days ago
Butterfly Network's iQ3™ Honored as the Best Medical Technology at 2024 Prix Galien USA Awards BURLINGTON, Mass. & NEW YORK--(BUSINESS WIRE)---- $BFLY #POCUS--Butterfly Network, Inc. (“Butterfly”) (NYSE: BFLY), a digital health company transforming care through the power of portable, semiconductor-based ultrasound technology and intuitive software, today announced that Butterfly iQ3™, its third-generation handheld ultrasound device, was the recipient of the Best Medical Technology Award at the 2024 Prix Galien USA Awards by the Galien Foundation. The Galien Foundation was established to foster and reward. businesswire.com - 1 week ago
Butterfly Network, Inc. (BFLY) Q3 2024 Earnings Call Transcript Butterfly Network, Inc. (NYSE:BFLY ) Q3 2024 Earnings Conference Call November 1, 2024 8:00 AM ET Company Participants Heather Getz – Chief Financial and Operations Officer Joseph DeVivo – Chairman and Chief Executive Officer Conference Call Participants Suraj Kalia – Oppenheimer Josh Jennings – TD Cowen Ben Haynor – Lake Street Capital Markets Operator Hello, everyone, and welcome to the Butterfly Network Q3 2024 Earnings Call. My name is Carla, and I will be coordinating your call today. seekingalpha.com - 2 weeks ago
Butterfly Network, Inc. (BFLY) Reports Q3 Loss, Tops Revenue Estimates Butterfly Network, Inc. (BFLY) came out with a quarterly loss of $0.08 per share versus the Zacks Consensus Estimate of a loss of $0.10. This compares to loss of $0.13 per share a year ago. zacks.com - 2 weeks ago
Butterfly Network Reports Third Quarter 2024 Financial Results BURLINGTON, Mass. & NEW YORK--(BUSINESS WIRE)---- $BFLY #POCUS--Butterfly Network, Inc. (NYSE: BFLY) (“Butterfly” or the “Company”), a digital health company transforming care with portable, semiconductor-based ultrasound technology and intuitive software, today announced financial results for the third quarter ended September 30, 2024, and provided a business update. Joseph DeVivo, Butterfly's President, Chief Executive Officer and Chairman commented, “The Butterfly team is proud to report a fifth consecutive. businesswire.com - 2 weeks ago
HeartFocus Unveils AI-powered Education App for Conducting Clinical-Grade Heart Scans, Available on Butterfly Network's Handheld Ultrasound Devices BORDEAUX, France--(BUSINESS WIRE)--HeartFocus, the revolutionary, AI-enabled heart echo software by data-driven medtech company, DESKi, is proud to announce the launch of the HeartFocus Education app in partnership with Butterfly Network, Inc., (“Butterfly”) (NYSE: BFLY) a digital health company transforming care with portable, semiconductor-based ultrasound technology and intuitive software. The innovative HeartFocus Education app is designed to elevate any healthcare practitioner to mastering. businesswire.com - 2 weeks ago
Butterfly Network to Report Third Quarter 2024 Financial Results on November 1, 2024 BURLINGTON, Mass. & NEW YORK--(BUSINESS WIRE)---- $BFLY #POCUS--Butterfly Network, Inc. (NYSE: BFLY) (“Butterfly”), a digital health company transforming care with portable, semiconductor-based ultrasound technology and intuitive software, announced that it will report third quarter 2024 financial results on November 1, 2024 at 8:00 am ET. Joseph DeVivo, President, Chief Executive Officer and Chairman of the Board, and Heather Getz, Executive Vice President and Chief Financial and Operations Officer, will host. businesswire.com - 4 weeks ago
Kansas City University Sets New Standard in Point-of-Care Ultrasound Education with AI-Guided Training Curriculum KCU incorporates Butterfly Network's AI-guided ScanLab™ education application into its curriculum to empower dedicated, hands-on ultrasound training. KANSAS CITY, Mo. prnewswire.com - 1 month ago
University of Rochester Medical Center Boosts Diagnostic Accuracy and Workflow Efficiency with Butterfly Network's Enterprise Ultrasound Solution BURLINGTON, Mass. & NEW YORK--(BUSINESS WIRE)---- $BFLY #POCUS--Butterfly Network, Inc. (“Butterfly”, “the Company”) (NYSE: BFLY), a digital health company transforming care through the power of portable, semiconductor-based ultrasound technology and intuitive software, today published a case study highlighting the positive impact of University of Rochester Medical Center's (URMC) transformative, system-wide deployment of Butterfly's point-of-care ultrasound (POCUS) devices and enterprise ultrasound platform, C. businesswire.com - 2 months ago
Is Butterfly Network (BFLY) Outperforming Other Medical Stocks This Year? Here is how Butterfly Network, Inc. (BFLY) and Brainsway Ltd. Sponsored ADR (BWAY) have performed compared to their sector so far this year. zacks.com - 2 months ago
Butterfly Network's Stock Surges on iQ3 Device Launch in Europe Shares of BFLY gain almost 27% following the announcement of the launch of its latest handheld ultrasound device, Butterfly iQ3, in Europe. zacks.com - 2 months ago
2 stocks popular among insider traders As the month of September begins on a bearish note for the majority of assets in the stock market, investors are looking at shares to add to their portfolios that might offer potential for profit, and sometimes insider trading activity for certain stocks can help them decide. finbold.com - 2 months ago
8. Profile Summary

Butterfly Network, Inc. BFLY

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COUNTRY US
INDUSTRY Medical - Devices
MARKET CAP $ 501 M
Dividend Yield 0.00%
Description Butterfly Network, Inc., a digital health company, develops, manufactures, and commercializes ultrasound imaging solutions in the United States and internationally. It offers Butterfly iQ, a handheld and single-probe whole body ultrasound system; Butterfly iQ+, a point-of-care ultrasound imaging device that connects with a smartphone, tablet, and hospital computer system; and Butterfly Blueprint, a system-wide ultrasound platform with Compass software that integrates into a healthcare system's clinical and administrative infrastructure. The company also provides Butterfly system, which includes probes, and related accessories and software subscriptions, to healthcare systems, physicians, and healthcare providers through a direct sales force, distributors, and eCommerce channel. In addition, it offers cloud-based software solutions to healthcare systems, teleguidance, in-app educational tutorials, and formal education programs through its Butterfly Academy software, as well as clinical support and services. Butterfly Network, Inc. was incorporated in 2011 and is headquartered in Guilford, Connecticut.
Contact 530 Old Whitfield Street, Guilford, CT, 06437 https://www.butterflynetwork.com
IPO Date July 13, 2020
Employees 225
Officers Mr. Darius Shahida Chief Strategy Officer & Chief Business Development Officer Mr. Steven Cashman Chief Business Officer Mr. Mark Fullenwider President of Golden Queen Mining LLC Mr. Joseph M. DeVivo Chief Executive Officer, President & Chairman of the Board Dr. Andrei G. Stoica Ph.D. Senior Vice President & Chief Technology Officer Ms. Heather C. Getz CPA, M.B.A. Executive Vice President, Chief Financial & Operations Officer and Corporate Secretary Dr. Jonathan M. Rothberg Ph.D. Founder & Director Mr. David H. Ramsey Chief Information Officer Dr. John Martin F.A.C.S., M.B.A., M.D. Chief Medical Officer Mr. John S. Soto Senior Vice President of International Sales