On July 1, 2025, Craig-Hallum, a well-known financial analyst firm, initiated coverage on Butterfly Network (BFLY, Financial). The firm assigned a "Buy" rating to BFLY, indicating a positive outlook for the stock's performance.
The initiation of coverage was led by analyst Chase Knickerbocker. Alongside the rating, Craig-Hallum announced a price target of USD 3.00 for Butterfly Network. This price target offers investors a clear benchmark regarding the stock's potential future performance in the market.
Butterfly Network (BFLY, Financial) continues to attract attention in the financial markets with this new coverage by Craig-Hallum. Investors will keenly watch the company's developments following this significant endorsement.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 3 analysts, the average target price for Butterfly Network Inc (BFLY, Financial) is $4.17 with a high estimate of $5.00 and a low estimate of $3.50. The average target implies an upside of 108.86% from the current price of $2.00. More detailed estimate data can be found on the Butterfly Network Inc (BFLY) Forecast page.
Based on the consensus recommendation from 4 brokerage firms, Butterfly Network Inc's (BFLY, Financial) average brokerage recommendation is currently 1.5, indicating "Buy" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
Based on GuruFocus estimates, the estimated GF Value for Butterfly Network Inc (BFLY, Financial) in one year is $2.79, suggesting a upside of 39.85% from the current price of $1.995. GF Value is GuruFocus' estimate of the fair value that the stock should be traded at. It is calculated based on the historical multiples the stock has traded at previously, as well as past business growth and the future estimates of the business' performance. More detailed data can be found on the Butterfly Network Inc (BFLY) Summary page.
