Are Analysts Expecting A Better 2020 For Butterfly Network Inc (BFLY)?

Butterfly Network Inc (BFLY) concluded trading on Thursday at a closing price of $2.75, with 3.42 million shares of worth about $9.4 million changed hands on the day. Half year performance of the stock remained positive as price took a surge of 43.23% during that period and on March 20, 2025 the price saw a gain of about 1.48%. Currently the company’s common shares owned by public are about 188.63M shares, out of which, 179.29M shares are available for trading.

Stock saw a price change of 7.84% in past 5 days and over the past one month there was a price change of -41.61%. Year-to-date (YTD), BFLY shares are showing a performance of -11.86% which increased to 154.63% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $0.67 but also hit the highest price of $4.98 during that period. The average intraday trading volume for Butterfly Network Inc shares is 4.41 million. The stock is currently trading -11.55% below its 20-day simple moving average (SMA20), while that difference is down -25.44% for SMA50 and it goes to 19.32% higher than SMA200.

Butterfly Network Inc (NYSE: BFLY) currently have 188.63M outstanding shares and institutions hold larger chunk of about 25.85% of that.

The stock has a current market capitalization of $668.04M and its 3Y-monthly beta is at 2.54. It has posted earnings per share of -$0.34 in the same period. It has Quick Ratio of 2.41 while making debt-to-equity ratio of 0.14. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for BFLY, volatility over the week remained 5.60% while standing at 10.24% over the month.

Stock’s fiscal year EPS is expected to drop by -20.24% while it is estimated to increase by 11.88% in next year. EPS is likely to shrink at an annualized rate of 3.28% for next 5-years, compared to annual growth of 66.40% made by the stock over the past 5-years.

Coverage by Lake Street stated Butterfly Network Inc (BFLY) stock as a Buy in their note to investors on September 10, 2024, suggesting a price target of $3 for the stock. On March 29, 2023, UBS Initiated their recommendations, while on November 29, 2022, Oppenheimer Initiated their ratings for the stock with a price target of $4.50. Stock get a Buy rating from B. Riley Securities on October 04, 2022.

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