Butterfly Network, Inc. (BFLY)
NYSEHealth CareMedical - DevicesSnapshot 2026-10-29
$6.39-14.91%
Close 2026-10-30 · 1-day change
NYSEHealth CareMedical - DevicesSnapshot 2026-10-29
Research Workspace
Put BFLY beside peers and holdings, graph the same metric, and keep your notes with the evidence.
Daily closes. Earnings/event dots are placed inline.
Industries move in repeating boom-and-bust cycles. This shows where this stock’s industry sits in that cycle, stage by stage (recovery → expansion → supercycle → steady → deceleration → contraction), from its fundamentals (orders, revenue, capital spending), not the stock’s price.
A booming industry is a tailwind for the names in it; a contracting one is a headwind. Companies in the same industry tend to rise and fall together with the cycle, the way a tide lifts and lowers every boat in the harbor at once, so a large part of a stock’s swing can come from where its industry sits rather than from the company itself. It’s context for reading the company’s results, not a buy/sell call. Full explanation →
Health Care Equipment: fringe margins under pressure (4q confirmed)
The stage band shows the industry’s cycle over the chart’s timeline (each color a stage); a ▼ marks a quarter its growth inflected down — amber is an unconfirmed watch, red is confirmed the next quarter. Use “Overlay cycle on chart” to tint the price chart by stage. The industry’s fundamentals, not a signal on this stock.
The reason to own it still holds.
View ThesisRevenue growth is accelerating — up about 39% over the past year.
View GrowthMiddle-of-the-pack management execution.
View ManagementExpectations look reasonable — what the market is pricing in sits in line with or below what analysts forecast.
View ValuationThis stock is volatile — it swings about 4% on a typical day and fell roughly 41% in its worst 12-month stretch.
View RiskBFLY’s growth case rests on revenue momentum, with year-over-year growth accelerating from 39% to 52%. Third-quarter 2026 revenue growth accompanied a non-GAAP earnings beat, though the company remains unprofitable. Shares trade at 16× sales versus the 3× peer median, despite trading below its own historical multiple. The price reflects less growth than our forecast, leaving a substantial peer premium to justify. A 27% next-quarter miss probability and the recent 28% decline flag risks to that case. Peer multiples imply a price roughly in line with where it trades (about fair); our read remains intact. This read is provisional.
Trailing returns as of 2026-10-30. BFLY is total return (includes dividends); the S&P 500 benchmark is price return (the index excludes dividends).
Based on 7 analysts currently covering BFLY (as of Oct 2026).
Based on 3 Wall Street analysts offering 12-month price targets for BFLY in the last 4 months.
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Compare BFLY with peers and holdings, graph the same reported metric, keep your questions beside the evidence, and return when the facts change.
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| Compare | Company | Living FV | P/E | Revenue % | Quality |
|---|---|---|---|---|---|
| BFLY Selected company | Graph | Compare | Trend | Review | |
| Peer Add a competitor | Graph | Compare | Trend | Review | |
| Holding Compare a holding | Graph | Compare | Trend | Review |
Selected metric trend
Quarterly · checked companies · value or % of revenue
A consensus fair price across 3 valuation methods, at three horizons. As of 2026-10-29. Estimates are diagnostics, not price targets. Short-horizon estimates are close to coin-flips, so confidence is a method-agreement read, not a prediction.
Today's peer multiple on trailing earnings, with no growth credited. This is the headline read.
Adds projected growth, so it leans optimistic by design. Read it as upside context, not a base case.
A price-focused, side-by-side fair-value read versus Health Care Equipment — fair value, gap to price, and forward P/E.
Compare the value case
Put BFLY next to peers and holdings, compare Living FV and multiples, then graph the driver behind the difference.
Positive analyst rating supports growth objectives.
Not investment advice. Scores describe historical and current data; they are not forecasts of future returns. Consult a licensed advisor before making investment decisions.
End-of-day figures as of 2026-10-30. EPS is implied from price ÷ P/E. Not investment advice.
Current $6.39
The last 12 months of price, then the range of analyst 12-month targets from today’s $6.39.
Analyst ratings and price targets are third-party Wall Street estimates, not QuarterlyIQ’s view. Not investment advice.
A long-thesis check that carries the widest uncertainty of the three horizons.
Below average on quality vs scored peers
Direction of the business behind the multiple. Bands are backend reads; trailing-12-month basis.
TTM earnings are negative. P/E-based methods drop out and the estimate leans on sales- and cash-flow-based methods. A data condition, not a forward call.
Advances: Expand Butterfly Embedded partnerships and software pipeline
Licensing expands software pipeline and partnership opportunities.
Threatens: Maintain adjusted EBITDA loss guidance for 2026
FDA and reimbursement questions pose risks to financial guidance.
Advances: Achieve revenue growth of 20% to 24% in 2026
Stock surge indicates market confidence in future growth.
Advances: Achieve revenue growth of 20% to 24% in 2026
FDA clearance enhances product offering and revenue potential.
Advances: Achieve revenue growth of 20% to 24% in 2026
Revenue target aligns with growth strategy and embedded partnerships.
Delisting threat could severely impact operations.
Threatens: Achieve revenue growth of 20% to 24% in 2026
Preliminary revenue growth of 17% is below target.
