Butterfly NetworkBFLY
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 Q1 regulatory disclosures by fund managers ($100M+ AUM)
146% more first-time investments, than exits
New positions opened: 59 | Existing positions closed: 24
84% more repeat investments, than reductions
Existing positions increased: 68 | Existing positions reduced: 37
41% more call options, than puts
Call options by funds: $2.05M | Put options by funds: $1.45M
19% more funds holding
Funds holding: 171 [Q4 2024] → 204 (+33) [Q1 2025]
8.19% more ownership
Funds ownership: 38.97% [Q4 2024] → 47.16% (+8.19%) [Q1 2025]
3% more capital invested
Capital invested by funds: $227M [Q4 2024] → $233M (+$5.87M) [Q1 2025]
0% more funds holding in top 10
Funds holding in top 10: 1 [Q4 2024] → 1 (+0) [Q1 2025]
Research analyst outlook
1 Wall Street Analyst provided 1 year price targets over the past 3 months
1 analyst rating
Lake Street Ben Haynor | 74%upside $4 | Buy Maintained | 5 May 2025 |
Financial journalist opinion
Based on 3 articles about BFLY published over the past 30 days









