Butterfly Network (BFLY) Stock Forecast, Price Target & Predictions


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BFLY Stock Forecast


Butterfly Network stock forecast is as follows: an average price target of $4.50 (represents a 69.17% upside from BFLY’s last price of $2.66) and a rating consensus of 'Buy', based on 4 wall street analysts offering a 1-year stock forecast.

BFLY Price Target


The average price target for Butterfly Network (BFLY) is $4.50 based on 1-year price targets from 4 Wall Street analysts in the past 3 months, with a price target range of $4.50 to $4.50. This represents a potential 69.17% upside from BFLY's last price of $2.66.

BFLY Analyst Ratings


Buy

According to 4 Wall Street analysts, Butterfly Network's rating consensus is 'Buy'. The analyst rating breakdown for BFLY stock is 0 'Strong Buy' (0.00%), 4 'Buy' (100.00%), 0 'Hold' (0.00%), 0 'Sell' (0.00%), and 0 'Strong Sell' (0.00%).

Butterfly Network Price Target by Analyst


DateAnalystCompanyPrice TargetPrice when PublishedPrice Target/Price when PublishedPrice Target/Last Closing Price
Nov 29, 2022-Oppenheimer$4.50$2.9751.52%69.17%
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The latest Butterfly Network stock forecast, released on Nov 29, 2022 by Oppenheimer company, set a price target of $4.50, which represents a 51.52% increase from the stock price at the time of the forecast ($2.97), and a 69.17% increase from BFLY last price ($2.66).

Butterfly Network Price Target by Period


1M3M12M
# Anlaysts---
Avg Price Target---
Last Closing Price$2.66$2.66$2.66
Upside/Downside-100.00%-100.00%-100.00%

In the current month, the average price target of Butterfly Network stock is -, according to 0 Wall Street analyst offering twelve months forecast. The average price target represents a -100.00% decrease as opposed to Butterfly Network's last price of $2.66. This month's average price target is down NaN% compared to last quarter, and down NaN% compared to last year.

Analyst Ratings Upgrades/Downgrades


DateCompanyPrevious RatingNew RatingRating Change
Sep 10, 2024Lake Street-BuyInitialise
Sep 04, 2024Cowen & Co.BuyBuyHold
Nov 29, 2022Oppenheimer-OutperformInitialise
Oct 03, 2022New Street-BuyInitialise
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Butterfly Network's last stock rating was published by Lake Street on Sep 10, 2024. The company Initialise its BFLY rating from "null" to "Buy".

Butterfly Network Financial Forecast


Butterfly Network Revenue Forecast

Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21
Revenue--------$16.52M$15.42M$18.49M$15.48M$18.98M$19.62M$19.21M$15.57M$18.99M$14.62M$16.51M
Avg Forecast$25.65M$24.10M$24.75M$20.95M$21.00M$18.95M$19.58M$16.80M$15.34M$15.13M$18.01M$15.80M$19.93M$21.40M$19.10M$17.70M$17.00M$19.50M$14.50M
High Forecast$25.94M$24.37M$25.03M$21.19M$21.24M$18.98M$19.80M$16.99M$15.51M$15.20M$18.21M$15.98M$20.16M$21.40M$19.10M$17.70M$17.00M$19.50M$14.50M
Low Forecast$25.35M$23.82M$24.46M$20.71M$20.76M$18.93M$19.35M$16.61M$15.16M$15.05M$17.80M$15.62M$19.70M$21.40M$19.10M$17.70M$17.00M$19.50M$14.50M
# Analysts1111211111111111111
Surprise %--------1.08%1.02%1.03%0.98%0.95%0.92%1.01%0.88%1.12%0.75%1.14%

Butterfly Network's average Quarter revenue forecast for Mar 24 based on 1 analysts is $16.80M, with a low forecast of $16.61M, and a high forecast of $16.99M. BFLY's average Quarter revenue forecast represents a 1.72% increase compared to the company's last Quarter revenue of $16.52M (Dec 23).

Butterfly Network EBITDA Forecast

Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21
# Analysts1111211111111111111
EBITDA--------$-46.73M$-32.56M$-31.26M$-32.73M$-45.71M$-43.75M$-47.23M$-48.78M$-14.04M$-13.06M$-2.43M
Avg Forecast$-25.65M$-24.10M$-24.75M$-20.95M$-21.00M$-18.95M$-19.58M$-60.25M$-15.34M$-15.13M$-18.01M$-54.77M$-23.53M$-21.40M$-19.10M$-49.79M$-17.00M$-20.22M$-14.50M
High Forecast$-25.35M$-23.82M$-24.46M$-20.71M$-20.76M$-18.93M$-19.35M$-48.20M$-15.16M$-15.05M$-17.80M$-43.82M$-18.82M$-21.40M$-19.10M$-39.84M$-17.00M$-16.17M$-14.50M
Low Forecast$-25.94M$-24.37M$-25.03M$-21.19M$-21.24M$-18.98M$-19.80M$-72.30M$-15.51M$-15.20M$-18.21M$-65.73M$-28.24M$-21.40M$-19.10M$-59.75M$-17.00M$-24.26M$-14.50M
Surprise %--------3.05%2.15%1.74%0.60%1.94%2.04%2.47%0.98%0.83%0.65%0.17%

undefined analysts predict BFLY's average Quarter EBITDA for undefined to be $NaN, with a high of $NaN and a low of $NaN. This is NaN% lower than Butterfly Network's previous annual EBITDA (undefined) of $NaN.

Butterfly Network Net Income Forecast

Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21
# Analysts1111211111111111111
Net Income--------$-44.12M$-27.37M$-28.67M$-33.54M$-33.70M$-54.74M$-35.80M$-44.48M$-15.22M$-13.56M$-2.94M
Avg Forecast$-15.96M$-13.83M$-14.89M$-17.02M$-17.02M$-16.31M$-21.28M$-60.28M$-28.72M$-31.60M$-34.32M$-54.80M$-25.49M$-57.15M$-57.15M$-49.81M$-55.90M$-20.99M$-50.80M
High Forecast$-15.72M$-13.62M$-14.67M$-16.77M$-13.62M$-16.07M$-20.96M$-48.22M$-28.29M$-31.13M$-33.80M$-43.84M$-20.39M$-57.15M$-57.15M$-39.85M$-55.90M$-16.79M$-50.80M
Low Forecast$-16.19M$-14.03M$-15.11M$-17.27M$-18.72M$-16.55M$-21.59M$-72.33M$-29.15M$-32.07M$-34.82M$-65.75M$-30.59M$-57.15M$-57.15M$-59.78M$-55.90M$-25.19M$-50.80M
Surprise %--------1.54%0.87%0.84%0.61%1.32%0.96%0.63%0.89%0.27%0.65%0.06%

Butterfly Network's average Quarter net income forecast for undefined is $NaN, with a range of $NaN to $NaN. BFLY's average Quarter net income forecast represents a NaN% decrease compared to the company's last Quarter net income of $NaN (undefined).

Butterfly Network SG&A Forecast

Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21
# Analysts1111211111111111111
SG&A--------$22.67M$20.57M$24.39M$21.05M$39.43M$33.87M$35.81M$34.25M$32.84M$30.21M$27.82M
Avg Forecast$39.54M$37.15M$38.15M$32.29M$32.37M$29.21M$30.18M$25.90M$23.65M$23.32M$27.76M$24.36M$30.73M$32.99M$29.44M$27.28M$26.21M$30.06M$22.35M
High Forecast$39.99M$37.57M$38.58M$32.66M$32.74M$29.25M$30.52M$26.19M$23.91M$23.43M$28.08M$24.63M$31.07M$32.99M$29.44M$27.28M$26.21M$30.06M$22.35M
Low Forecast$39.08M$36.72M$37.71M$31.92M$31.99M$29.17M$29.83M$25.60M$23.37M$23.20M$27.44M$24.08M$30.37M$32.99M$29.44M$27.28M$26.21M$30.06M$22.35M
Surprise %--------0.96%0.88%0.88%0.86%1.28%1.03%1.22%1.26%1.25%1.01%1.24%

Butterfly Network's average Quarter SG&A projection for Mar 24 is $25.90M, based on 1 Wall Street analysts, with a range of $25.60M to $26.19M. The forecast indicates a 14.22% rise compared to BFLY last annual SG&A of $22.67M (Dec 23).

Butterfly Network EPS Forecast

Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21
# Analysts1111211111111111111
EPS--------$-0.00$-0.13$-0.14$-0.17$-0.17$-0.27$-0.18$-0.22$-0.08$-0.07$-0.02
Avg Forecast$-0.07$-0.07$-0.07$-0.08$-0.08$-0.08$-0.10$-0.12$-0.14$-0.15$-0.16$-0.21$-0.22$-0.27$-0.27$-0.25$-0.26$-0.25$-0.24
High Forecast$-0.07$-0.06$-0.07$-0.08$-0.06$-0.08$-0.10$-0.12$-0.13$-0.15$-0.16$-0.20$-0.21$-0.27$-0.27$-0.25$-0.26$-0.25$-0.24
Low Forecast$-0.08$-0.07$-0.07$-0.08$-0.09$-0.08$-0.10$-0.12$-0.14$-0.15$-0.16$-0.21$-0.22$-0.27$-0.27$-0.25$-0.26$-0.25$-0.24
Surprise %--------0.00%0.88%0.87%0.83%0.78%1.00%0.67%0.88%0.29%0.28%0.08%

According to undefined Wall Street analysts, Butterfly Network's projected average Quarter EPS for undefined is $NaN, with a low estimate of $NaN and a high estimate of $NaN. This represents a NaN% decrease compared to BFLY previous annual EPS of $NaN (undefined).

Butterfly Network Peer Comparison by Price Target


TickerCompanyLast Closing PriceAvg Price TargetUpside/DownsideAvg Rating
NNOXNano-X Imaging$6.23$18.00188.92%Buy
LUCDLucid Diagnostics$1.05$2.67154.29%Buy
IARTIntegra LifeSciences$23.31$43.0084.47%Sell
BFLYButterfly Network$2.66$4.5069.17%Buy
KIDSOrthoPediatrics$24.26$39.6063.23%Buy
INMDInMode$19.32$27.5042.34%Hold
NPCENeuroPace$9.15$12.8840.77%Buy
INSPInspire Medical Systems$182.18$239.5531.49%Buy
NARIInari Medical$50.77$66.1130.21%Buy
MDTMedtronic$87.97$107.9122.67%Hold
CVRXCVRx$14.20$16.3315.00%Buy
AXNXAxonics$70.45$71.000.78%Buy
MASIMasimo$161.68$161.830.09%Buy
GKOSGlaukos$143.25$123.44-13.83%Buy
SWAVShockWave Medical$334.75$258.17-22.88%Hold

BFLY Forecast FAQ


Is Butterfly Network a good buy?

Yes, according to 4 Wall Street analysts, Butterfly Network (BFLY) is considered a 'Buy'. The rating consensus is based on 0 'Strong Buy' and 4 'Buy' recommendations, accounting for 100.00% of BFLY's total ratings.

What is BFLY's price target?

Butterfly Network (BFLY) average price target is $4.5 with a range of $4.5 to $4.5, implying a 69.17% from its last price of $2.66. The data is based on 4 Wall Street analysts who provided a twelve-month price target estimate in the last three months.

Will Butterfly Network stock go up soon?

According to Wall Street analysts' prediction for BFLY stock, the company can go up by 69.17% (from the last price of $2.66 to the average price target of $4.5), up by 69.17% based on the highest stock price target, and up by 69.17% based on the lowest stock price target.

Can Butterfly Network stock reach $4?

BFLY's average twelve months analyst stock price target of $4.5 supports the claim that Butterfly Network can reach $4 in the near future.

What are Butterfly Network's analysts' financial forecasts?

Butterfly Network's analysts financial forecasts for the fiscal year (Dec 2024) are as follows: average revenue is $76.33M (high $77M, low $75.64M), average EBITDA is $-120M (high $-107M, low $-132M), average net income is $-115M (high $-98.862M, low $-129M), average SG&A $117.65M (high $118.69M, low $116.59M), and average EPS is $-0.377 (high $-0.356, low $-0.389). BFLY's analysts financial forecasts for the fiscal year (Dec 2025) are as follows: average revenue is $95.45M (high $96.53M, low $94.35M), average EBITDA is $-95.45M (high $-94.345M, low $-96.532M), average net income is $-61.704M (high $-60.776M, low $-62.614M), average SG&A $147.13M (high $148.8M, low $145.42M), and average EPS is $-0.29 (high $-0.286, low $-0.294).

Did the BFLY's actual financial results beat the analysts' financial forecasts?

Based on Butterfly Network's last annual report (Dec 2023), the company's revenue was $65.9M, beating the average analysts forecast of $64.28M by 2.52%. Apple's EBITDA was $-146M, beating the average prediction of $-103M by 41.03%. The company's net income was $-134M, missing the average estimation of $-149M by -10.53%. Apple's SG&A was $88.69M, missing the average forecast of $99.08M by -10.49%. Lastly, the company's EPS was $-0.0007, missing the average prediction of $-0.651 by -99.89%. In terms of the last quarterly report (Dec 2023), Butterfly Network's revenue was $16.52M, beating the average analysts' forecast of $15.34M by 7.67%. The company's EBITDA was $-46.731M, beating the average prediction of $-15.34M by 204.63%. Butterfly Network's net income was $-44.121M, beating the average estimation of $-28.725M by 53.60%. The company's SG&A was $22.67M, missing the average forecast of $23.65M by -4.12%. Lastly, the company's EPS was $-0.0002, missing the average prediction of $-0.135 by -99.85%