Brokerages Set Butterfly Network, Inc. (NYSE:BFLY) PT at $5.25

Butterfly Network, Inc. (NYSE:BFLY) has been given an average rating of “Moderate Buy” by the six analysts that are currently covering the company, MarketBeat.com reports. One research analyst has rated the stock with a sell recommendation, one has issued a hold recommendation and four have given a buy recommendation to the company. The average twelve-month target price among brokerages that have updated their coverage on the stock in the last year is $5.4375.

A number of research firms have recently issued reports on BFLY. TD Cowen lifted their target price on shares of Butterfly Network from $4.50 to $6.00 and gave the company a “buy” rating in a research note on Friday. Craig Hallum reaffirmed a “buy” rating and set a $5.25 price target on shares of Butterfly Network in a report on Wednesday, January 21st. Lake Street Capital boosted their price objective on Butterfly Network from $4.00 to $5.50 and gave the stock a “buy” rating in a research note on Tuesday, January 20th. Wall Street Zen upgraded Butterfly Network from a “sell” rating to a “hold” rating in a research note on Sunday, November 23rd. Finally, Loop Capital set a $5.00 price target on shares of Butterfly Network in a research report on Wednesday, December 31st.

Insider Activity

In other news, Director Jonathan M. Rothberg sold 769,327 shares of the stock in a transaction that occurred on Monday, December 8th. The shares were sold at an average price of $3.27, for a total transaction of $2,515,699.29. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. Insiders have sold 4,725,727 shares of company stock worth $16,172,849 in the last quarter. 25.18% of the stock is currently owned by corporate insiders.

Institutional Inflows and Outflows

Large investors have recently bought and sold shares of the company. Farther Finance Advisors LLC increased its stake in shares of Butterfly Network by 25.4% in the 4th quarter. Farther Finance Advisors LLC now owns 15,281 shares of the company’s stock valued at $58,000 after buying an additional 3,098 shares during the period. Opal Wealth Advisors LLC boosted its holdings in Butterfly Network by 10.1% in the fourth quarter. Opal Wealth Advisors LLC now owns 36,679 shares of the company’s stock valued at $139,000 after acquiring an additional 3,355 shares during the last quarter. Kestra Private Wealth Services LLC increased its position in Butterfly Network by 11.0% in the fourth quarter. Kestra Private Wealth Services LLC now owns 55,517 shares of the company’s stock worth $211,000 after purchasing an additional 5,500 shares during the period. Teacher Retirement System of Texas increased its position in Butterfly Network by 45.2% in the second quarter. Teacher Retirement System of Texas now owns 27,811 shares of the company’s stock worth $56,000 after purchasing an additional 8,657 shares during the period. Finally, Northwestern Mutual Wealth Management Co. raised its holdings in Butterfly Network by 217.9% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 14,305 shares of the company’s stock worth $54,000 after purchasing an additional 9,805 shares during the last quarter. Institutional investors and hedge funds own 37.85% of the company’s stock.

Key Stories Impacting Butterfly Network

Here are the key news stories impacting Butterfly Network this week:

• Positive Sentiment: TD Cowen raised its price target to $6.00 and reiterated a “buy” rating, signaling material upside vs. the current level and providing broker support for the stock. TD Cowen Raises PT to $6
• Positive Sentiment: Q4 results beat expectations: revenue of $31.5M topped consensus and EPS loss was smaller than forecast, while commentary and press materials highlighted record revenue growth. These results underpin the revenue-outperformance narrative. Q4 Highlights
• Positive Sentiment: Management issued FY2026 revenue guidance ($117M–$121M) above Street consensus (~$108.5M), which is a key near-term growth guidepost for investors watching topline momentum.
• Positive Sentiment: Unusually large options activity—over 10,000 call contracts bought—indicates speculative or institutional bullish positioning that could amplify upside on positive follow-through.
• Positive Sentiment: Industry/strategy write-ups emphasize Butterfly’s semiconductor-based ultrasound plus AI (Compass) as a long-term competitive differentiator if execution scales, supporting a multi-quarter growth thesis. Seeking Alpha: Ultrasound-On-Chip
• Neutral Sentiment: The full Q4 earnings call transcript and BusinessWire release provide more color on margin dynamics and product adoption; useful for confirming management cadence but not immediately market-moving on their own. Earnings Call Transcript Press Release
• Negative Sentiment: Zacks added BFLY to its Rank #5 (Strong Sell) list today, a clear near-term negative that can trigger selling pressure from algorithmic and momentum-driven funds. Zacks Rank #5
• Negative Sentiment: Company remains unprofitable (large negative net margin and negative ROE), which keeps multiples constrained and makes the stock sensitive to any miss in profitability or guidance cadence. Q4 Loss / Margin Detail

Butterfly Network Stock Performance

Shares of NYSE BFLY opened at $3.78 on Monday. Butterfly Network has a 52-week low of $1.32 and a 52-week high of $5.03. The business has a fifty day moving average of $3.82 and a two-hundred day moving average of $2.78. The stock has a market cap of $955.59 million, a PE ratio of -12.20 and a beta of 2.27.

Butterfly Network (NYSE:BFLY) last posted its earnings results on Thursday, February 26th. The company reported ($0.02) earnings per share for the quarter, topping the consensus estimate of ($0.04) by $0.02. Butterfly Network had a negative net margin of 78.95% and a negative return on equity of 32.05%. The business had revenue of $31.51 million for the quarter, compared to analyst estimates of $26.25 million. Analysts predict that Butterfly Network will post -0.35 earnings per share for the current year.

About Butterfly Network

Butterfly Network, Inc is a medical technology company focused on democratizing access to diagnostic imaging through its proprietary ultrasound-on-chip platform. The company’s flagship device, the Butterfly iQ, leverages semiconductor technology to deliver whole-body ultrasound imaging in a handheld form factor. This portable system connects to a compatible smart device, enabling point-of-care scanning across a variety of clinical settings.

Beyond its hardware offering, Butterfly Network provides a cloud-based software suite that supports image storage, analysis and remote collaboration.