Butterfly Network
BFLY
About: Butterfly Network Inc is a digital health business transforming care with handheld, whole-body ultrasound. Powered by its proprietary Ultrasound-on-Chip technology, its solution enables the acquisition of imaging information from an affordable, powerful device that fits in a healthcare professional's pocket with a combination of cloud-connected software and hardware technology that is easily accessed through a mobile application. The company enables the practical application of ultrasound information in the clinical workflow. Butterfly iQ+ is an ultrasound device that can perform whole-body imaging in a single handheld probe using semiconductor technology. With its small, handheld size, low cost, and simple user interface.
Employees: 190
Fund manager confidence
Based on 2025 Q2 regulatory disclosures by fund managers ($100M+ AUM)
90% more repeat investments, than reductions
Existing positions increased: 74 | Existing positions reduced: 39
25% more call options, than puts
Call options by funds: $1.23M | Put options by funds: $986K
5.85% more ownership
Funds ownership: 47.18% [Q1] → 53.04% (+5.85%) [Q2]
0% more capital invested
Capital invested by funds: $233M [Q1] → $234M (+$1.08M) [Q2]
0% more funds holding in top 10
Funds holding in top 10: 1 [Q1] → 1 (+0) [Q2]
8% less funds holding
Funds holding: 204 [Q1] → 188 (-16) [Q2]
31% less first-time investments, than exits
New positions opened: 33 | Existing positions closed: 48
Research analyst outlook
1 Wall Street Analyst provided 1 year price targets over the past 3 months
1 analyst rating
Craig-Hallum
Chase Knickerbocker
|
$3
|
Buy
Initiated
|
1 Jul 2025 |
Financial journalist opinion
Based on 7 articles about BFLY published over the past 30 days