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Butterfly Network (BFLY): analyst forecast and price target

$7.25 −7.64% close 16.10.26 · market cap $2.1B · Healthcare · Medical - Devices IWM 0.06%
Price targets and ratings of

Analyst consensus

Strong Buy

6 Buy0 Hold0 Sell

Ratings of 6 analysts in the last 3 months

12-month forecast

$11.00+51.7% upside

Based on 6 price targets given in the last 3 months, the average target is $11.00, the highest $15.00, the lowest $10.00. The average is +51.7% from the last price of $7.25.

$5.00$10.00$15.00Jan 26AprJulOctJan 27AprJulOctHigh$15.00Average$11.00Low$10.00
Highest target $15.00 Average target $11.00 Lowest target $10.00
AnalystFirmPrice target RatingUpsideAction Date Move vs SPY
William Plovanic★★★★★★★★★★#5377 · hits 43% · avg +1.3% Canaccord Genuity $10.00 Buy +37.9% Reiterated 15.10.26on TipRanks Oct 16 07:30 +3.0%next day −6.5%
Josh Jennings★★★★★★★★★★#3537 · hits 46% · avg +3.0% TD Cowen $10.00 Buy +37.9% Reiterated 07.10.26on TipRanks 05:20 −4.7%next day −2.5% · 5 days −7.1%
Daniel Markowitz CFA★★★★★★★★★★#1752 · hits 61% · avg +22.3% Evercore ISI $15.00 Buy +106.9% Initiated 29.09.26on TipRanks 06:20 −0.4%next day −1.3% · 5 days −6.3%
David Saxon★★★★★★★★★★#6662 · hits 38% · avg +0.8% Needham $10.00 Buy +37.9% Initiated 22.09.26on TipRanks 06:50 +22.0%next day −6.6% · 5 days −7.2%
Steven Lichtman★★★★★★★★★★#568 · hits 54% · avg +14.7% William Blair — Buy — Reiterated 15.09.26on TipRanks 03:55 +5.7%next day −6.5% · 5 days +24.9%
Chase Knickerbocker★★★★★★★★★★#75 · hits 59% · avg +36.2% Craig-Hallum $10.00 Buy +37.9% Reiterated 02.09.26on TipRanks 09:30 −7.5%next day −5.1% · 5 days −5.4%
Ben Haynor★★★★★★★★★★#11216 · hits 35% · avg −2.8% Lake Street $5.50 Buy −24.1% Reiterated 30.04.26on TipRanks 12:06 −3.6%next day +12.5% · 5 days −13.3%

The latest rating of each analyst in the last 12 months, as TipRanks lists them. Every rating kept, earlier ones included

Best analysts covering Butterfly Network

TipRanks picks them by their record on this stock; the figures under the name are their record across all their ratings.

Most accurate

3 months Ben Haynor★★★★★★★★★★Lake Street · #11216
Hits 35%88 of 249 Average return −2.8%
1 year Josh Jennings★★★★★★★★★★TD Cowen · #3537
Hits 46%231 of 500 Average return +3.0%
2 years Ben Haynor★★★★★★★★★★Lake Street · #11216
Hits 35%88 of 249 Average return −2.8%

Most profitable

3 months Ben Haynor★★★★★★★★★★Lake Street · #11216
Hits 35%88 of 249 Average return −2.8%
1 year Chase Knickerbocker★★★★★★★★★★Craig-Hallum · #75
Hits 59%267 of 451 Average return +36.2%
2 years Josh Jennings★★★★★★★★★★TD Cowen · #3537
Hits 46%231 of 500 Average return +3.0%

How the average price target moved

The average target of all analysts (their ratings of the 3 months before) on each day, the top analysts’ dashed, against the price; the site keeps this record since 1 October 2026. On 01.10.26: target $11.25 at a price of $8.96 (+25.6%); now: $11.00 at $7.25 (+51.7%).

$8.00$10.00Sep 15Oct 1Oct 15Top analysts$11.25Average target$11.00Price$7.25

PriceAverage targetTop analysts’ target

Recommendation trend

0510155101Oct 25310Nov212Dec211Jan 2612Feb112Mar111Apr16May8Jun8Jul9Aug19Sep18Oct

Strong BuyBuyHoldSell

Rating05.2606.2607.2608.2609.2610.26
Strong Buy100011
Buy688998
Hold000000
Sell000000

Earnings and sales forecast

Next report: 29.10.26 (Q3 2026, date not confirmed)

Earnings per share

Next quarter’s EPS estimate — $-0.04 (from $-0.06 to $-0.03). Last quarter: $-0.01.

Sales

Next quarter’s sales estimate — $28M (from $28M to $29M). Last quarter: $33M.

Best top-analyst consensus in the sector · Healthcare

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ZYMEZymeworks
About Butterfly Network

Butterfly Network, Inc. functions as a digital health enterprise, specializing in the invention, production, and global commercialization of cutting-edge ultrasound imaging technologies for both domestic and international markets. The company's innovative product portfolio includes the portable Butterfly iQ, a versatile single-probe system capable of whole-body ultrasound imaging, and the Butterfly iQ+, a point-of-care ultrasound device engineered to connect effortlessly with smartphones, tablets, and existing hospital computer networks. Additionally, Butterfly Blueprint is offered as a comprehensive, system-wide ultrasound platform that seamlessly integrates its proprietary Compass software into a healthcare provider's clinical and administrative infrastructure. These ultrasound systems, encompassing probes, related accessories, and software subscriptions, are supplied to healthcare systems, individual physicians, and other medical professionals through a multi-channel distribution strategy that includes a direct sales force, a network of distributors, and an e-commerce platform. Beyond its hardware, Butterfly Network provides a suite of cloud-based software solutions for healthcare organizations. These offerings feature teleguidance services, interactive in-app educational modules, and structured training programs delivered via its Butterfly Academy software, all complemented by dedicated clinical support and services. Established in 2011, Butterfly Network, Inc. has its corporate headquarters situated in Guilford, Connecticut.

Data from the stock’s TipRanks forecast page, read 28 min ago. It is read again as soon as a new rating appears and at least every 8 hours. TipRanks ↗