Butterfly Network, Inc.

BFLYNYSEHealthcareMedical Devices

$6.76- (-)1Y +206.76%

As of Oct 23, 2026 close

Market cap: $1.77B
P/E (TTM): -
Forward P/E: -
Dividend yield: -
52-week range: $1.90$10.21
Volume (live): -
Avg. volume (3M): 5.56M

Butterfly Network, Inc. (BFLY) Analyst Forecast

Analyst consensus ratings, 12-month price targets, and expert recommendations for Butterfly Network, Inc. stock.

Analyst Consensus Rating

Investment consensus from 8 professional research analysts

Consensus Rating

Buy

Based on 8 unique analysts

(10 total ratings in last 90 days)

Medium Confidence∞:1 Buy/Sell

Average Price Target

$11.00

+62.72% upside

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Strong Sell

Sell

Hold

Buy

Strong Buy

Latest BFLY Analyst Ratings & Recommendations

Recent analyst recommendations with rating changes and price target updates (last 90 days)

Date	Analyst	Firm	Action	Rating	Price Target
Oct 16, 2026	William Plovanic	Canaccord Genuity	Maintains	Buy	$10.00
Oct 7, 2026	Josh Jennings	TD Cowen	Reiterates	Buy	$10.00
Sep 29, 2026	Daniel Markowitz CFA	Evercore ISI Group	Initiates	Buy	$15.00
Sep 22, 2026	David Saxon	Needham	Initiates	Buy	$10.00
Sep 15, 2026	Steven Lichtman	William Blair	Maintains	Buy	-
Sep 14, 2026	Zacks Equity Research	Zacks Equity Research	Initiates Coverage	Buy	-
Sep 11, 2026	Josh Jennings	TD Cowen	Reiterates	Buy	$10.00
Sep 11, 2026	Sridatri Sarkar	Zacks Equity Research	Initiates Coverage	Buy	-
Sep 2, 2026	Chase Knickerbocker	Craig-Hallum	Maintains	Buy	$10.00
Aug 7, 2026	Zacks Equity Research	Zacks Equity Research	Initiates Coverage	Buy	-

William Plovanic

Canaccord Genuity

BuyMaintains

$10.00

Oct 16

Josh Jennings

TD Cowen

BuyReiterates

$10.00

Oct 7

Daniel Markowitz CFA

Evercore ISI Group

BuyInitiates

$15.00

Sep 29

David Saxon

Needham

BuyInitiates

$10.00

Sep 22

Steven Lichtman

William Blair

BuyMaintains

Sep 15

Zacks Equity Research

BuyInitiates Coverage

Sep 14

Josh Jennings

TD Cowen

BuyReiterates

$10.00

Sep 11

Sridatri Sarkar

Zacks Equity Research

BuyInitiates Coverage

Sep 11

Chase Knickerbocker

Craig-Hallum

BuyMaintains

$10.00

Sep 2

Zacks Equity Research

BuyInitiates Coverage

Aug 7

Source: Professional analyst ratings and price targets from the last 90 days. Data as of Oct 16, 2026. Data sources and methodology

Frequently Asked Questions

What is the analyst consensus rating for BFLY?

The analyst consensus rating for BFLY is Buy, based on the latest ratings from 8 analysts over the last 90 days.

What is the average price target for BFLY?

The average 12-month price target for BFLY is $11.00, representing an upside of 62.7% from the Oct 23, 2026 close of $6.76.

What do analyst ratings mean?

Analyst ratings indicate investment recommendations: Strong Buy and Buy are bullish signals suggesting the stock may outperform. Hold means the stock is fairly valued. Sell and Strong Sell are bearish signals suggesting potential underperformance. These ratings are based on fundamental analysis and valuation models.

What is a price target?

A price target is an analyst's projection of a stock's fair value over a specific timeframe, typically 12 months. Analysts use fundamental analysis, financial modeling, and industry comparisons to estimate where the stock should trade. Price targets can range from low (conservative) to high (optimistic) estimates.