Butterfly Network Inc (NYSE:BFLY) price on Thursday, July 24, fall -3.26% below its previous day’s close as a downside momentum from buyers pushed the stock’s value to $2.08.
A look at the stock’s price movement, the close in the last trading session was $2.15, moving within a range at $2.07 and $2.26. The beta value (5-Year monthly) was 2.47. Turning to its 52-week performance, $4.98 and $0.90 were the 52-week high and 52-week low respectively. Overall, BFLY moved 3.48% over the past month.
Butterfly Network Inc’s market cap currently stands at around $514.36 million, with investors looking forward to this quarter’s earnings report slated for on 2025-May-02.
Turning to the stock’s technical picture we see that short term indicators suggest on average that BFLY is a 50% Sell. On the other hand, the stock is on average a 100% Sell as suggested by medium term indicators while long term indicators are putting the stock in 100% Sell category.
2 analyst(s) have given their forecast ratings for the stock on a scale of 1.00-5.00 for a strong buy to strong sell recommendation. A total of 0 analyst(s) rate the stock as a Hold, 2 recommend BFLY as a Buy and 0 give it an Overweight rating. Meanwhile, 0 analyst(s) rate the stock as Underweight and 0 say it is a Sell. As such, the average rating for the stock is Buy which could provide an opportunity for investors keen on increasing their holdings of the company’s stock.
BFLY’s current price about 8.47% and -3.51% off the 20-day and 50-day simple moving averages respectively. The Relative Strength Index (RSI, 14) currently prints 54.95, while 7-day volatility ratio is 7.13% and 5.67% in the 30-day chart. Further, Butterfly Network Inc (BFLY) has a beta value of 2.47. Analysts have given the company’s stock an average 52-week price target of $4.75, forecast between a low of $4.5 and high of $5. Looking at the price targets, the low is -116.35% off current price level while to achieve the yearly target high, price needs to move -140.38%. Nonetheless, investors will most likely welcome a -128.37% jump to $4.75 which is the analysts’ median price.
If we refocus on Butterfly Network Inc (NYSE:BFLY), historical trading data shows that trading volumes averaged 3.35 over the past 10 days and 3.56 million over the past 3 months. The company’s latest data on shares outstanding shows there are 220.82 million shares.
The 26.14% of Butterfly Network Inc’s shares are in the hands of company insiders while institutional holders own 38.91% of the company’s shares. Also important is the data on short interest which shows that short shares stood at 24.73 million on 2025-06-30, giving us a short ratio of 5.49. The data shows that as of 2025-06-30 short interest in Butterfly Network Inc (BFLY) stood at 1327.0001 of shares outstanding, with shares short rising to 14.66 million registered in 2025-05-30. Current price change has pushed the stock 82.46% YTD, which shows the potential for further growth is there. It is this reason that could see investor optimism for the BFLY stock continues to rise going into the next quarter.
