Butterfly Network, Inc. (BFLY) Price Target Analysis
Updated Jun 18, 2026
Analyst Rating: Buy
Based on 7 analysts39.1% Above Target
BFLY trades 39.1% above Wall Street's consensus target of $5.42.
Current Price$8.90
Average Target$5.42
Target
Current
Low$5.25
Median$5.50
High$5.50
Analyst Target Range
Forward P/E—
PEG Ratio—
Implied Growth+57.7%
(High Growth)
Analyst Spread4.6%
(High Agreement)
Price Forecast (1 Year)
Last 12 months price action with 12-month analyst target path
Consensus Scenario Assumptions
The base valuation assumes BFLY achieves its forward estimates and maintains a stable P/E multiple of historical averagesx. This scenario reflects the blended consensus of 7 Wall Street analysts, balancing both positive catalysts and macroeconomic headwinds over the next 12 months.
BFLY Price Target Analysis
Updated June 22, 2026As of June 22, 2026, Butterfly Network, Inc. (BFLY) has a Wall Street consensus price target of $5.42, based on estimates from 7 covering analysts. With the stock currently trading at $8.90, this represents a potential downside of -39.1%. The company has a market capitalization of $2.33B.
Analyst price targets range from a low of $5.25 to a high of $5.50, representing a 5% spread in expectations. The median target of $5.50 aligns closely with the consensus average. The tight target dispersion indicates high conviction among analysts.
The current analyst consensus rating is Buy, with 6 analysts rating the stock as a Buy or Strong Buy,1 rating it Hold, and 0 rating it Sell or Strong Sell. This overwhelmingly bullish sentiment suggests analysts see significant catalysts for upside ahead.
From a valuation perspective, BFLY trades at a trailing P/E of -28.7x. Analysts expect EPS to grow +57.7% over the next year.
Investment Context: Price targets represent analyst expectations for the next 12 months and should be considered alongside your own research. Targets are based on analysts' assumptions about earnings growth, margins, and market conditions which may change. For sector-specific context, view other Healthcare stocks.
Analyst Sentiment Comparison
Industry Peer AnalysisAvg Peer Upside
+49.0%
Industry Consensus
Avg Forward P/E
105.6x
(High Premium)
Peers with Coverage
9 / 10
Active Analyst Tracking
| Company | Market Cap | Price | Target | Upside Potential | Rating | Fwd P/E | Analysts |
|---|---|---|---|---|---|---|---|
 SONOSonos, Inc. | $1.8B | $14.68 | $19.50 | +32.8% | Buy | 37.6x | 9 |
 INVAInnoviva, Inc. | $1.7B | $22.49 | $37.00 | +64.5% | Buy | 6.3x | 10 |
 AEYEAudioEye, Inc. | $79M | $6.31 | — | — | — | — | — |
 EXASExact Sciences Corporation | $20.0B | $104.91 | $105.00 | +0.1% | Buy | 582.8x | 41 |
 PRCTPROCEPT BioRobotics Corporation | $1.2B | $21.72 | $32.00 | +47.3% | Buy | — | 15 |
 EWEdwards Lifesciences Corporation | $50.4B | $87.36 | $96.55 | +10.5% | Buy | 29.0x | 48 |
 ISRGIntuitive Surgical, Inc. | $144.5B | $406.78 | $597.78 | +47.0% | Buy | 38.9x | 55 |
 HOLXHologic, Inc. | $17.0B | $76.01 | $78.69 | +3.5% | Hold | 17.2x | 42 |
 ATECAlphatec Holdings, Inc. | $1.3B | $8.81 | $18.00 | +104.3% | Buy | 27.5x | 18 |
 NVCRNovoCure Limited | $1.6B | $14.28 | $33.00 | +131.1% | Buy | — | 15 |
BFLY — Frequently Asked Questions
Quick answers to the most common questions about buying BFLY stock.
What is the BFLY stock price target for 2026?
BFLY's consensus price target is $5.42, -39.1% below the current price of $8.9. The 7 analysts tracking BFLY see downside risk at present valuations.
Is BFLY a buy, sell, or hold?
BFLY has a consensus rating of "Buy" based on 7 Wall Street analysts. The rating breakdown is predominantly bullish, with 6 Buy/Strong Buy ratings. The consensus 12-month price target of $5.42 implies -39.1% downside from current levels.
Is BFLY stock overvalued or undervalued?
BFLY's current price is $8.9 with a consensus target of $5.42 (-39.1% implied move). Analyst estimates suggest the stock is overvalued at current levels.
How high can BFLY stock go?
The most bullish Wall Street analyst has a price target of $5.5 for BFLY, while the most conservative target is $5.25. The consensus of $5.42 represents the median expectation. These targets typically reflect 12-month expectations.
How many analysts cover BFLY stock?
BFLY is moderately covered, with 7 analysts providing price targets and ratings. Of these, 0 have Strong Buy ratings, 6 have Buy ratings, 1 recommend Hold, and 0 have Sell or Strong Sell ratings. Higher analyst coverage generally indicates greater institutional interest and more reliable consensus estimates.
What is the BFLY stock forecast?
The 12-month BFLY stock forecast based on 7 Wall Street analysts shows a consensus price target of $5.42, with estimates ranging from $5.25 (bear case) to $5.5 (bull case). The median consensus rating is "Buy".
Should I buy BFLY stock?
Analysts are cautious on BFLY, with 0 Sell ratings and a price target of $5.42 (-39.1% from current price). The "Buy" consensus suggests careful evaluation before buying. This information is for educational purposes only. Always conduct your own research, consider your financial situation, and consult a financial advisor before making investment decisions.
Why do BFLY price targets vary so much?
BFLY analyst price targets range from $5.25 to $5.5, a 5% tight range reflecting strong analyst consensus. Differences stem from varying assumptions about revenue growth, profit margins, competitive dynamics, and valuation multiples. The $5.42 consensus represents the middle ground.
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