Butterfly Network Inc (NYSE: BFLY) Recovers 163.41% From 52-Week Low, Is BFLY Still A High-Risk, High-Reward Play?

Butterfly Network Inc (NYSE:BFLY) currently has a daily average trading volume of 2.96M but it saw 3116016 shares traded in last market. With a market cap of 534.14M USD, the company’s current market price of $2.16 came falling about -1.82 while comparing to the previous closing price of $2.20. In past 52 weeks, the stock remained buoying in the range of price level as high as $4.98 and as low as $0.82. In the recent trading on the day, stock has struck highest price mark of $2.13 while lowest mark touched by it was $2.22.

UBS also issued its recommendations for the stock as it initiated the price target for the stock is $2.25.

Over the week, BFLY’s stock price is moving -14.29% down while it is -6.90% when we observe its performance for the past one month. Year-to-date it is -30.77% down and over the past year, the stock is showing an upside performance of 137.83%.

The company is expected to be releasing its next quarterly report on 2025-May-02, for which analysts forecasted an EPS of -0.05 while estimate for next year EPS is -0.21. In next quarter, company is expected to be making quarterly sales of $24.54M as analysts are expecting the sales for current fiscal year at $97.42M and seeing the company making $122.54M in sales next year. Moreover, analysts are in estimates of $23.9M for current-quarter revenue.

Currently, Butterfly Network Inc’s total number of outstanding shares is 220.82M. Company’s return on investment (ROI) stands at -24.94% and return on equity (ROE) at -29.16%. Stock’s beta reads 2.55. Stock has a price to book (P/B) ratio of 2.23 while price to sale or P/S ratio amounts to 6.24. Its return on asset (ROA) is -21.47% on average.

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