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Butterfly Network (BFLY) Competitors

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$1.60 -0.03 (-1.53%)
As of 02:53 PM Eastern
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BFLY vs. NVCR, SSII, CDRE, BLFS, ESTA, MDXG, PLSE, INMD, IRMD, and BBNX

Should you be buying Butterfly Network stock or one of its competitors? The main competitors of Butterfly Network include NovoCure (NVCR), SS Innovations International (SSII), Cadre (CDRE), BioLife Solutions (BLFS), Establishment Labs (ESTA), MiMedx Group (MDXG), Pulse Biosciences (PLSE), InMode (INMD), iRadimed (IRMD), and Beta Bionics (BBNX). These companies are all part of the "medical equipment" industry.

Butterfly Network vs. Its Competitors

NovoCure (NASDAQ:NVCR) and Butterfly Network (NYSE:BFLY) are both small-cap medical companies, but which is the better stock? We will contrast the two businesses based on the strength of their risk, analyst recommendations, earnings, valuation, institutional ownership, dividends, media sentiment and profitability.

In the previous week, NovoCure had 7 more articles in the media than Butterfly Network. MarketBeat recorded 10 mentions for NovoCure and 3 mentions for Butterfly Network. Butterfly Network's average media sentiment score of 1.66 beat NovoCure's score of 0.93 indicating that Butterfly Network is being referred to more favorably in the news media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
NovoCure
3 Very Positive mention(s)
4 Positive mention(s)
0 Neutral mention(s)
2 Negative mention(s)
0 Very Negative mention(s)
Positive
Butterfly Network
3 Very Positive mention(s)
0 Positive mention(s)
0 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Very Positive

84.6% of NovoCure shares are held by institutional investors. Comparatively, 37.9% of Butterfly Network shares are held by institutional investors. 5.5% of NovoCure shares are held by insiders. Comparatively, 25.2% of Butterfly Network shares are held by insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a company is poised for long-term growth.

Butterfly Network has lower revenue, but higher earnings than NovoCure. NovoCure is trading at a lower price-to-earnings ratio than Butterfly Network, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
NovoCure$605.22M2.32-$168.63M-$1.56-8.04
Butterfly Network$82.06M4.92-$72.49M-$0.28-5.73

NovoCure has a net margin of -27.13% compared to Butterfly Network's net margin of -71.79%. Butterfly Network's return on equity of -30.53% beat NovoCure's return on equity.

Company Net Margins Return on Equity Return on Assets
NovoCure-27.13% -47.74% -13.79%
Butterfly Network -71.79%-30.53%-21.80%

NovoCure has a beta of 0.58, indicating that its share price is 42% less volatile than the S&P 500. Comparatively, Butterfly Network has a beta of 2.52, indicating that its share price is 152% more volatile than the S&P 500.

NovoCure presently has a consensus price target of $28.79, indicating a potential upside of 129.51%. Butterfly Network has a consensus price target of $3.00, indicating a potential upside of 86.92%. Given NovoCure's higher possible upside, equities research analysts clearly believe NovoCure is more favorable than Butterfly Network.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
NovoCure
0 Sell rating(s)
3 Hold rating(s)
4 Buy rating(s)
0 Strong Buy rating(s)
2.57
Butterfly Network
0 Sell rating(s)
1 Hold rating(s)
3 Buy rating(s)
0 Strong Buy rating(s)
2.75

Summary

Butterfly Network beats NovoCure on 9 of the 16 factors compared between the two stocks.

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New MarketBeat Followers Over Time

This chart shows the number of new MarketBeat users adding BFLY and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
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Media Sentiment Over Time

This chart shows the average media sentiment of NYSE and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
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BFLY vs. The Competition

MetricButterfly NetworkMEDICAL INFO SYS IndustryMedical SectorNYSE Exchange
Market Cap$409.08M$2.17B$5.75B$21.53B
Dividend YieldN/AN/A5.88%3.49%
P/E Ratio-5.8037.4777.0130.00
Price / Sales4.9210.47528.6551.62
Price / CashN/A57.9937.2024.77
Price / Book2.0311.3313.964.55
Net Income-$72.49M-$64.84M$3.29B$999.02M
7 Day Performance8.08%-0.43%1.38%2.11%
1 Month Performance12.23%1.84%5.13%5.37%
1 Year Performance-16.41%33.93%84.67%14.63%

Butterfly Network Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
BFLY
Butterfly Network
3.3556 of 5 stars
$1.61
-1.5%
$3.00
+86.9%
-10.7%$409.08M$82.06M-5.80460
NVCR
NovoCure
4.2644 of 5 stars
$12.60
+2.6%
$28.79
+128.5%
-29.4%$1.37B$605.22M-8.081,488Positive News
Gap Up
SSII
SS Innovations International
N/A$6.14
-12.3%
N/AN/A$1.36B$20.65M0.004News Coverage
Gap Down
High Trading Volume
CDRE
Cadre
2.6874 of 5 stars
$31.83
-0.5%
$31.50
-1.0%
-8.7%$1.30B$567.56M33.862,284Positive News
BLFS
BioLife Solutions
2.5326 of 5 stars
$26.22
-0.9%
$31.29
+19.3%
+2.0%$1.27B$82.25M-218.48440News Coverage
ESTA
Establishment Labs
2.2587 of 5 stars
$38.24
-2.0%
$56.50
+47.8%
-12.3%$1.13B$166.02M0.001,018Positive News
MDXG
MiMedx Group
3.5004 of 5 stars
$7.17
+0.4%
$12.00
+67.4%
+12.1%$1.06B$348.88M23.80870Positive News
PLSE
Pulse Biosciences
4.2453 of 5 stars
$15.04
-0.5%
$22.00
+46.3%
-18.4%$1.02B$700K-14.32140News Coverage
Insider Trade
INMD
InMode
2.9858 of 5 stars
$15.28
+2.0%
$18.04
+18.1%
-12.3%$946.87M$394.82M6.19480Positive News
IRMD
iRadimed
4.8049 of 5 stars
$71.85
-0.2%
$72.00
+0.2%
+45.7%$915.36M$73.24M44.35110Short Interest ↓
BBNX
Beta Bionics
1.0564 of 5 stars
$23.13
+14.5%
$22.56
-2.5%
N/A$878.10M$65.12M0.00294High Trading Volume

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This page (NYSE:BFLY) was last updated on 9/17/2025 by MarketBeat.com Staff
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