Insider buying last 90 days
$1,000Kin 1 open-market purchase
| Filed | Insider | Type | Value |
|---|---|---|---|
| Aug 17 | Louise S. Phanstiel Director | Purchase | $1,000K |
From Form 4 filings, dated to when each was filed.
NYSE: BFLY
Butterfly Network (BFLY) Stock Analysis & Forecast
Oct 12 close
$8.55+0.30 (+3.6%)
Gekko Brief
AI summaryOct 12 closeButterfly Network's shares have been active this week on a mix of partnership news and a fresh 52-week high. The company announced a multi-year deal with Bridge Neurotech to develop a fully non-invasive brain-computer interface using ultrasound technology, and separately appointed Mike Noonen to its Board of Directors. Shares touched $10.21 intraday before settling back, and the company confirmed it will report third-quarter 2026 results on 29 October. An officer and director also filed to sell 35,790 Class A shares acquired through vesting, valued at approximately $358,614.85.
BFLY closed at $8.55, up 3.6%, sitting above both its 50-day average of $8.53 and 200-day average of $5.82, with the shorter average above the longer one. The GekkoIndex reads 60.1, placing the stock in the Accumulation zone. Gekko Fair Value stands at $9.66, putting the current price 11.5% below that level.
The next 20 trading days bring the third-quarter earnings report on 29 October, 17 days away, which falls inside that window and follows a Q2 period in which the company exceeded top-end guidance with record revenue of $32.6 million. Over the last 90 days there has been one open-market insider purchase valued at $999,510. Analyst coverage from 5 firms is uniformly rated buy, with a consensus target of $11.40. Seasonally, the next 20 trading days have averaged a 1.5% return over 5 years, rising in 1 of them.
Written by AI from the Oct 12, 2026 close and checked automatically against the figures on this page.
Butterfly Network price vs fair value
Close $8.55200-day averageGekko Fair Value $9.66
Butterfly Network quick facts
- Market cap
- $2.28B
- P/E ratio
- —
- Forward P/E
- —
- EPS, TTM
- −$0.29
- Revenue, TTM
- $112.1M
- Profit margin
- -66.7%
- Dividend yield
- —
- Beta
- 2.04
- Volume
- 3.85M avg 6.29M
- 1-year return
- +232.7%
- Typical daily move
- ±7.8%
- Typical 20-day move
- ±17.2%
- 50-day average
- $8.53
- 200-day average
- $5.82
- Next earnings
- Oct 29
- Shares outstanding
- 244.9M
Butterfly Network swing-trade checklist
Butterfly Network scores 4 supportive, 1 mixed and 1 headwind across the 6 checklist items with data.
Six things swing traders check before a 20-day hold, read from the latest data.
4 supportive1 mixed1 headwind
- Trendsupportive
Above 50 and 200-day
Close $8.55 is above the 50-day ($8.53) and 200-day ($5.82) averages, and the 50-day is above the 200-day.
See the chart - GekkoIndexsupportive
60.1, Accumulation
Reading 60.1 is in the Accumulation zone.
See the GekkoIndex - Fair valuesupportive
11.5% below
Price is 11.5% below Gekko Fair Value (more than 5% below).
See fair value - Smart moneysupportive
Leans bullish
Last 90 days: 1 open-market insider purchase.
See smart money - Earnings riskheadwind
Reports in 17 days
Reports on Oct 29, 2026, 17 days away — inside a typical 20-trading-day hold.
See earnings - Seasonalitymixed
+1.5% on average
From this point in the calendar, the next 20 trading days averaged +1.5% over 5 years, rising in 1 of them.
See seasonality
A description of current data, not a recommendation. How this page works
Butterfly Network stock chart and price history
Butterfly Network closed at $8.55 on Oct 12, 2026, +232.7% over the past year, inside a 52-week range of $1.90 to $10.21.
Close50-day average200-day averageVolume
Use the left and right arrow keys to read daily values.
Performance Breakdown
- 1 month
- +16.6%
- 3 months
- +10.3%
- 6 months
- +99.8%
- 1 year
- +232.7%
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About Butterfly Network
Butterfly Network designs and builds ultrasound imaging equipment and the software that runs it, selling into healthcare settings worldwide. It is best known for the Butterfly iQ, a handheld single-probe device that can scan the whole body, and the Butterfly iQ+, a point-of-care unit that links to phones, tablets, and hospital computer systems. A further offering, Butterfly Blueprint, builds its Compass software into a provider's broader clinical and administrative setup.
Its products, which span probes, accessories, and software subscriptions, reach hospitals, independent physicians, and other clinicians through a direct sales team, outside distributors, and online sales. Alongside the hardware, the company runs cloud-based tools for healthcare organizations, including remote teleguidance, in-app learning modules, and the Butterfly Academy training program, backed by clinical support services.
Butterfly Network was founded in 2011 and is headquartered in Guilford, Connecticut. Its shares are listed on the NYSE under the ticker BFLY.
- Listed
- NYSE
- Sector
- Health technology
- Industry
- Medical specialties
- Website
- butterflynetwork.com
Butterfly Network GekkoIndex: the smart money zone
Butterfly Network’s GekkoIndex — Gekko’s 0 to 100 smart money score — reads 60.1, in the Accumulation zone, up 4.9 points over five sessions.
60.1Accumulation
Up 4.9 points over five sessions, from the Neutral zone.
Reading for Oct 12, 2026
What followed past readings in each zone
| Zone | Readings | 5 days | 20 days |
|---|---|---|---|
| Buying | 31 | +2.0% | +11.8% |
| Accumulation (current zone) | 187 | +2.0% | +13.0% |
| Neutral | 409 | +3.4% | +10.4% |
| Distribution | 43 | −2.0% | −0.3% |
| Selling | 12 | −3.5% | −3.9% |
Average BFLY share-price change over the trading days after each daily reading in its GekkoIndex history. Across every stock Gekko tracks, Accumulation readings averaged +2.2% over 20 days. Past behaviour doesn’t guarantee future results.
Accumulation zone: Institutional interest building. About the five zones →
See every daily GekkoIndex reading plotted over the BFLY price, zone by zone.Track BFLY in Gekko
Is Butterfly Network stock overvalued? Gekko Fair Value
Butterfly Network trades 11.5% below Gekko Fair Value of $9.66, so the shares are undervalued on Gekko’s estimate.
Gekko’s own estimate of what Butterfly Network shares are worth, recalculated every trading day.
$9.66
Gekko Fair Value, Oct 9, 2026
11.5% Undervalued
Gekko Fair Value on every chart, with the gap to price updating daily.Open BFLY in Gekko
Butterfly Network insider and Congress trading
Insiders filed 1 open-market purchase in Butterfly Network worth $1,000K, and no Congress trades were disclosed, in the last 90 days.
Plus buybacks, unusual options and fund positions, each dated to when it became public.
Congress trades last 90 days
No trades in BFLY were disclosed by members of Congress in the last 90 days.
From congressional disclosures, which report amounts as ranges.
Congress disclosures for BFLY, plotted on the chart in Gekko.Open BFLY in Gekko
Buybacks
Butterfly Network has been buying back its own shares.
- Bought back, year ended Dec 31, 2020
- $657K
- As a share of market cap
- 0.03%
From company filings.
Hedge funds and billionaires quarter ended Dec 31
1of the funds Gekko tracks holds BFLY.
1added0opened0trimmed0sold out
Which funds are on each side, name by name.Unlock in Gekko
Butterfly Network earnings: next date and track record
Butterfly Network reports on Oct 29, 2026 (17 days away), and beat the EPS estimate in 7 of its last 8 reports.
Next earnings report
Oct 29, 2026
17 days away
- EPS estimate
- −$0.04
- Revenue estimate
- $28.41M
7 of 8reports beat the EPS estimate
±16.2%average move across the report
5 of 8reports followed by a gain
Share-price move across each report
Last earnings call, Jul 30, 2026 AI summary
- What they said
- Butterfly Networks reported a strong Q2 2026 driven by Embedded partnerships and continued POCUS core strength. Management stated they exceeded top-end guidance, delivered record revenue of $32.6M (+39% YoY), highest-ever gross margin, and adjusted EBITDA above guidance. Growth drivers highlighted: Embedded partnerships (including Midjourney and multiple other partners), expansion of POCUS into U.S. health systems and medical education (e.g., VCOM), Home and Community Care pilot commercialization scheduled for Oct 2026, and continued chip and probe roadmap progress (Apollo chip on schedule for end of 2027/early 2028; P5.1 probe anticipated Q1 2027). Management described a scalable Embedded model with multiple revenue streams (upfront payments, license fees, development milestones, chip sales, revenue share) and confirmed Embedded revenue cadence around $7–$8M/quarter currently, with variability. International revenue declined YoY (–14%), while U.S. revenue rose 57% YoY. Management raised full-year guidance based on Q2 performance and emphasized operational discipline and reallocation to higher ROI opportunities.
- Guidance
- Management said they are raising full-year guidance (no specific new full-year figures stated in the transcript). They provided cadence guidance for Embedded (~$7–$8M per quarter, fluctuating +/- $1–2M) and timing guidance: Apollo chip deliveries to Midjourney on schedule by end of 2027/beginning 2028; P5.1 probe (harmonic imaging) prototype complete and launch expected Q1 2027; Home launch expected in October 2026 with modest near-term revenue and "multiple millions" in 2027.
- Risks flagged
- Risks noted include: commercialization and regulatory timelines (many partners are in research and regulatory phases), variability in Embedded revenue tied to milestone progress and commercialization timing, a tough international comp that led to a 14% YoY decline in international revenue, and reliance on pilots and early-stage customers for Home and Community Care where results and scale must be proven before wider rollout.
| Reported | EPS | Revenue | Move |
|---|---|---|---|
| Jul 30, 2026 | −$0.04 est −$0.05 | $32.61M est $29.16M | +0.1% |
| Apr 30, 2026 | −$0.03 est −$0.04 | $26.53M est $26.08M | +9.8% |
| Feb 26, 2026 | −$0.02 est −$0.05 | $31.51M est $25.92M | +22.3% |
| Oct 31, 2025 | −$0.13 est −$0.07 | $21.49M est $26.25M | +42.6% |
| Aug 1, 2025 | −$0.06 est −$0.07 | $23.38M est $23.72M | −16.4% |
| May 2, 2025 | −$0.06 est −$0.09 | $21.23M est $21.16M | −5.1% |
| Feb 28, 2025 | −$0.08 est −$0.09 | $22.35M est $21.97M | −18.5% |
| Nov 1, 2024 | −$0.08 est −$0.10 | $20.56M est $21.01M | +14.6% |
“Move” is the close of the first session after the report compared with the close of the last session before it, so it reads the same whether the company reported before the open or after the close.
Butterfly Network stock forecast and analyst price targets
Analysts’ average 12-month price target for Butterfly Network is $11.40, +33.3% from the last close, from 5 firms rating the stock in the last 90 days.
$11.40consensus 12-month target, +33.3% from the last close
Now $8.55Avg $11.40
Low $10High $15
Each firm’s latest rating in the last 90 days: 5 firms.
Latest analyst actions
| Date | Firm | Target | vs price |
|---|---|---|---|
| Oct 7 | TD Cowen | $10 | +17.0% |
| Sep 29 | Evercore ISI | $15 | +75.4% |
| Sep 22 | Needham | $10 | +17.0% |
| Sep 15 | William Blair | — | — |
| Sep 11 | TD Cowen | $10 | +17.0% |
+13.0%average 20-day move after past Accumulation readings
+1.5%average move over the next 20 trading days in the last 5 years
±7.8%typical daily move, from the 14-day average range
Gekko doesn’t publish price predictions. These are analyst targets and historical base rates, which don’t guarantee future results.
Butterfly Network seasonality: the next 20 trading days
Over the next 20 trading days from Oct 10, Butterfly Network averaged +1.5% across the last 5 years, rising in 1 of them.
Next 20 trading days, by year
Average move and hit rate
| Window | Average | Years higher |
|---|---|---|
| Next 5 trading days | −8.6% | 0 of 5 |
| Next 10 trading days | −6.3% | 1 of 5 |
| Next 15 trading days | 0.0% | 2 of 5 |
| Next 20 trading days | +1.5% | 1 of 5 |
| Next 30 trading days | +5.0% | 2 of 5 |
For scale, BFLY’s typical 20-trading-day move in either direction is about 17.2%.
Butterfly Network market cap and key statistics
Butterfly Network’s market cap is $2.28B and revenue of $112.1M over the last twelve months.
Valuation
- Market cap
- $2.28B
- EPS, TTM
- −$0.29
- Gekko Fair Value
- $9.66
Trading
- Volume
- 3.85M
- Avg volume, 20 days
- 6.29M
- 52-week high
- $10.21
- 52-week low
- $1.90
- Shares outstanding
- 244.9M
Financials
- Revenue, TTM
- $112.1M
- Profit margin
- -66.7%
- Return on equity
- -35.5%
- Quarterly earnings growth, YoY
- 0.0%
Risk and income
- Beta
- 2.04
- Typical daily move
- ±7.8%
- Typical 20-day move
- ±17.2%
Butterfly Network stock news this week
Coverage of Butterfly Network this week reads negative: 0 positive, 1 neutral and 2 negative headlines.
- Butterfly Network (NYSE:BFLY) Shares Up 6.6% – Here’s What HappenedDefense World, Oct 11
- Under a trading plan, Butterfly Network (BFLY) CEO sells 35,790 shares at an average $10.02 each.Stock Titan, Oct 8
- Butterfly Network to Report Third Quarter 2026 Financial Results on October 29, 2026Business Wire, Oct 8
- Butterfly Network Lands Multi-Year Bridge Neurotech DealBenzinga, Oct 7
- To cover vesting taxes, Butterfly Network (BFLY) officer automatically sells 10,114 shares.Stock Titan, Oct 7
- An officer and director proposes selling 35,790 Butterfly Network (BFLY) Class A shares.Stock Titan, Oct 6
Butterfly Network peers
Butterfly Network’s 6 largest industry peers by market value, with today’s move, GekkoIndex zone and gap to Gekko Fair Value.
| Stock | GekkoIndex zone | vs Fair Value |
|---|---|---|
| TMOThermo Fisher Scientific | Neutral | 18.2% above |
| ABTAbbott Laboratories | Neutral | 14.7% below |
| DHRDanaher | Neutral | 4.5% above |
| ISRGIntuitive Surgical | Neutral | 18.8% above |
| MDTMedtronic | Neutral | 22.9% below |
| SYKStryker | Accumulation | 12.6% below |
A peer links to its own page where one exists.
Butterfly Network stock FAQ
What is Butterfly Network’s market cap?
Butterfly Network’s market cap is $2.28B at the Oct 12, 2026 close of $8.55, with 244.9M shares outstanding.
What is the Butterfly Network stock forecast?
The consensus analyst 12-month price target for Butterfly Network is $11.40, +33.3% from the last close. Of the 5 firms that rated the stock in the last 90 days, 5 rate it a buy, 0 a hold and 0 a sell. Gekko doesn’t publish price predictions of its own.
Is Butterfly Network stock overvalued or undervalued?
On Gekko’s estimate Butterfly Network is undervalued: the Oct 12, 2026 close of $8.55 is 11.5% below Gekko Fair Value of $9.66. Gekko Fair Value is recalculated every trading day, and a gap inside 5% either way counts as about fair value.
When does Butterfly Network report earnings next?
Butterfly Network is expected to report on Oct 29, 2026 (17 days away). Analysts expect earnings of −$0.04 per share on revenue of $28.41M. Butterfly Network beat the earnings estimate in 7 of its last 8 reports, moving 16.2% on average across the report.
What is Butterfly Network’s 52-week high and low?
Butterfly Network’s 52-week high is $10.21 and its 52-week low is $1.90; it closed at $8.55 on Oct 12, 2026, +232.7% over the past year. Over the last five years the shares peaked at $11.53 on Oct 15, 2021.
Is Butterfly Network stock a buy right now?
Gekko describes the data; it does not make buy or sell recommendations. On the swing-trade checklist, 4 of the 6 items with data read as supportive (trend, gekkoindex, fair value and smart money), 1 as mixed (seasonality) and 1 as a headwind (earnings risk). The checklist is a description of current data, not a recommendation.
How this page works
During US trading hours the price at the top of the page is a delayed quote, refreshed every 15 minutes; everything else is rebuilt after each US market close. The GekkoIndex, Gekko Fair Value and the checklist are Gekko’s own, and the Gekko Brief is written by AI from this page’s data and checked against it before it is published. How Gekko’s data works →
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