Butterfly Network (NYSE:BFLY) Trading Down 15% – Here’s Why

Shares of Butterfly Network, Inc. (NYSE:BFLY) fell 15% during mid-day trading on Friday . The stock traded as low as $4.23 and last traded at $3.9710. 3,502,618 shares traded hands during trading, a decline of 47% from the average session volume of 6,578,774 shares. The stock had previously closed at $4.67.

Trending Headlines about Butterfly Network

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

• Positive Sentiment: Q4 results beat expectations — revenue of $31.5M topped the consensus ~$26.3M and EPS was -$0.02 versus an expected -$0.04, showing improvement versus last year. BFLY Reports Q4 Loss, Tops Revenue Estimates
• Positive Sentiment: Management issued FY2026 revenue guidance of roughly $117M–$121M, above consensus (~$108.5M), indicating expected continued revenue growth. Butterfly Network Reports Fourth Quarter 2025 Financial Results
• Positive Sentiment: Longer-term thesis: Butterfly’s semiconductor-based, single-probe platform plus AI (Compass) could create a “computer vision” flywheel for point‑of‑care ultrasound and deeper hospital workflow integration — a structural growth story if execution continues. Ultrasound-On-Chip And AI Could Create Computer Vision Flywheel
• Neutral Sentiment: Unusually large call option flow was observed (10,005 calls traded), signaling elevated short‑term speculative or hedging interest that can amplify intraday moves but doesn’t change fundamentals.
• Neutral Sentiment: The full Q4 earnings call transcript is available for detail on drivers and outlook if you want to judge management commentary and cadence. Q4 2025 Earnings Call Transcript
• Negative Sentiment: Zacks moved BFLY to a Rank #5 (Strong Sell), which can pressure sentiment and trigger selling by momentum or model-driven investors. New Strong Sell Stocks for February 27th
• Negative Sentiment: Despite revenue growth, Butterfly remains unprofitable with a very negative net margin and negative ROE; ongoing losses and cash burn keep the risk profile high for investors. Butterfly Network Q4 2025 Earnings — MarketBeat

Wall Street Analyst Weigh In

Several research firms recently commented on BFLY. Loop Capital set a $5.00 price objective on Butterfly Network in a research note on Wednesday, December 31st. Craig Hallum reiterated a “buy” rating and set a $5.25 price target on shares of Butterfly Network in a research note on Wednesday, January 21st. Wall Street Zen raised Butterfly Network from a “sell” rating to a “hold” rating in a report on Sunday, November 23rd. Finally, Lake Street Capital boosted their price objective on Butterfly Network from $4.00 to $5.50 and gave the company a “buy” rating in a research note on Tuesday, January 20th. Three investment analysts have rated the stock with a Buy rating, one has assigned a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus price target of $5.25.

Butterfly Network Stock Down 19.6%

The company has a market capitalization of $948.51 million, a PE ratio of -11.41 and a beta of 2.27. The company has a 50-day moving average price of $3.81 and a two-hundred day moving average price of $2.76.

Butterfly Network (NYSE:BFLY) last posted its earnings results on Thursday, February 26th. The company reported ($0.02) earnings per share for the quarter, beating analysts’ consensus estimates of ($0.04) by $0.02. Butterfly Network had a negative return on equity of 37.80% and a negative net margin of 90.31%.The business had revenue of $31.51 million during the quarter, compared to analyst estimates of $26.25 million. As a group, equities analysts anticipate that Butterfly Network, Inc. will post -0.35 EPS for the current fiscal year.

Insider Buying and Selling

In other news, EVP John N. Doherty sold 60,182 shares of the company’s stock in a transaction on Wednesday, January 7th. The shares were sold at an average price of $3.98, for a total value of $239,524.36. Following the transaction, the executive vice president owned 1,234,688 shares of the company’s stock, valued at approximately $4,914,058.24. This represents a 4.65% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, CTO Victor Ku sold 35,968 shares of the stock in a transaction on Monday, January 5th. The stock was sold at an average price of $3.82, for a total value of $137,397.76. Following the completion of the sale, the chief technology officer owned 811,962 shares in the company, valued at $3,101,694.84. This trade represents a 4.24% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last 90 days, insiders have sold 4,725,727 shares of company stock valued at $16,172,849. Company insiders own 25.18% of the company’s stock.

Hedge Funds Weigh In On Butterfly Network

A number of institutional investors have recently added to or reduced their stakes in BFLY. Geode Capital Management LLC lifted its holdings in shares of Butterfly Network by 114.7% in the 2nd quarter. Geode Capital Management LLC now owns 4,339,362 shares of the company’s stock worth $8,680,000 after acquiring an additional 2,317,882 shares during the last quarter. Perkins Capital Management Inc. grew its holdings in shares of Butterfly Network by 213.0% during the 3rd quarter. Perkins Capital Management Inc. now owns 924,280 shares of the company’s stock valued at $1,784,000 after purchasing an additional 629,020 shares during the last quarter. Acadian Asset Management LLC raised its position in Butterfly Network by 44.7% in the 2nd quarter. Acadian Asset Management LLC now owns 2,313,316 shares of the company’s stock worth $4,624,000 after purchasing an additional 714,764 shares during the period. DNB Asset Management AS lifted its stake in Butterfly Network by 145.0% in the second quarter. DNB Asset Management AS now owns 281,715 shares of the company’s stock worth $563,000 after purchasing an additional 166,749 shares during the last quarter. Finally, Thompson Davis & CO. Inc. purchased a new stake in Butterfly Network during the second quarter valued at about $72,000. 37.85% of the stock is currently owned by institutional investors.

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.