Butterfly Network, Inc. (BFLY)
NYSEHealth CareMedical - DevicesSnapshot 2026-09-04
$7.36+0.96%
Close 2026-09-04 · 1-day change
NYSEHealth CareMedical - DevicesSnapshot 2026-09-04
QuarterlyIQ Insights · BFLY
What must go right, what could break, what the price assumes, and what evidence comes next.
The current health of the standing investment case.
Recent financial performance is holding in the top half of its industry — the reason to own it looks intact.
One-year growth currently built into the price, compared with our model's estimate.
| Measure | Marker shape | Value |
|---|---|---|
| Growth built into the price | circle | 236.2% |
| Our one-year growth estimate | diamond | 23.0% |
For each item: what to watch, what would become a concern, and what would make it less concerning.
A reporting-risk estimate, not a forecast of the stock-price response.
Historical relationships that met the evidence threshold. They do not prove cause or forecast a move.
Usually moved in the same direction.
Price observations: 365 days
Most sensitive to the broad stock market.
Based on historical daily prices through 2026-09-04.
Past price behavior in dollars on a $10,000 position. This does not measure permanent business risk.
How much price usually moves either way.
A larger daily loss that occurred about once in every 20 trading days.
Use the underlying financial and sector pages to investigate the cause.
Not investment advice. Scores describe historical and current data; they are not forecasts of future returns. Consult a licensed advisor before making investment decisions.
Growth built into the price is above our model estimate.
The price assumes 213.2 percentage points more one-year growth.
The one-year revenue growth assumption on Valuation.
Model as of 2026-09-04 · Compared with 87 industry peers · Company calendar date is not available
BFLY — director transition
Dated 2026-08-11
Director — Dr. Erica Schwartz: A director resigned to accept a government position, which is a departure but not due to internal disagreement or performance issues.
Why it matters: This growth rate confirms management's goal for 2026. It shows strong demand for Butterfly's products.
Supportive ifQ2 revenue growth is 20% or more compared to Q2 2025.
Worry ifQ2 revenue growth is below 20% compared to Q2 2025.
Why it matters: Securing this agreement would validate Butterfly's strategy to expand its market presence. It is a key step in their growth plan.
Supportive ifA signed deal for Home & Community Care was announced.
Worry ifNo progress or delays were reported in getting the deal.
Why it matters: This use is important for revenue growth. It supports Butterfly's plan in this area.
Supportive ifSuccessful launch of the first commercial implementation in the second half of 2026.
Worry ifA delay or failure in the commercial use shows there are operational problems.
Why it matters: If revenue growth speeds up, it could help Butterfly Network's performance. It shows the sector is improving.
Supportive ifSector revenue growth speeds up again, reaching over 10%.
Worry ifSector revenue growth keeps slowing down or stays under 10%.
Deepest peak-to-trough drop in the last year.
| Measure | Value | Meaning |
|---|---|---|
| Typical day | ±$361 on $10,000 · ±3.6% | How much price usually moves either way. |
| Bad day | $863 loss on $10,000 · 8.6% | A larger daily loss that occurred about once in every 20 trading days. |
| Largest peak-to-trough drop in the past year | $4,061 loss on $10,000 · 40.6% | Deepest peak-to-trough drop in the last year. |
Past year. 1.00 means similar movement; 1.20 means about 20% more.
Past year. 1.00 means similar movement to the sector. This is secondary context.
Latest 30 trading days, shown as an annual percentage.
Latest 252 trading days, shown as an annual percentage.
20-trading-day average in US dollars.
Trading days used by the source risk snapshot.
Past results, not a forecast. Not investment advice.
Why it matters: New partnerships would show growth in the Embedded segment. They would help Butterfly reach more customers.
Supportive ifAnnouncement of at least two new partners in the Butterfly Embedded segment.
Worry ifNo new partnerships were announced. This suggests growth efforts are stuck.
Why it matters: New partnerships would support Butterfly's growth plan. They would also help it reach more markets.
Supportive ifAnnouncement of at least two new Embedded partnerships before the end of 2026.
Worry ifNo new partnerships by year-end may mean growth is slowing.
Why it matters: Better margins mean Butterfly is managing costs and pricing better. This helps Butterfly grow long-term.
Supportive ifGross profit margin improves compared to Q1 2026.
Worry ifGross profit margin declines compared to Q1 2026.
Why it matters: Adding new partners will boost Butterfly's market position and tech reach.
Supportive ifTotal Embedded partners reported at 12 or more.
Worry ifTotal Embedded partners remains at 11 or fewer.
Why it matters: This report will provide insights into revenue growth and cost management progress.
Watch forEarnings report shows revenue growth and improved gross profit margins.
Also watch forThe earnings report shows a drop in revenue or bigger losses.
Why it matters: This revenue range signals continued growth momentum. Meeting or exceeding it shows strong demand.
Supportive ifQ3 revenue was $30 million or more. This shows growth is happening.
Worry ifQ3 revenue was less than $26 million. This shows demand is weaker.
Why it matters: A smaller adjusted EBITDA loss shows better cost control. This means better efficiency.
Supportive ifAdjusted EBITDA loss was under $6 million in Q3 2026.
Worry ifAdjusted EBITDA loss was over $9 million in Q3 2026.
Why it matters: The first commercial use could prove the segment's potential. It may lead to future growth.
Supportive ifRevenue reported from Home & Community Care segment in Q4 2026.
Worry ifNo revenue reported from Home & Community Care segment in Q4 2026.