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Butterfly Network (BFLY) Competitors

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$2.36 -0.08 (-3.11%)
Closing price 03:59 PM Eastern
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$2.35 -0.02 (-0.76%)
As of 07:42 PM Eastern
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BFLY vs. TMDX, SLNO, ENOV, LIVN, NVCR, WRBY, LMAT, CNMD, TNDM, and LQDA

Should you be buying Butterfly Network stock or one of its competitors? The main competitors of Butterfly Network include TransMedics Group (TMDX), Soleno Therapeutics (SLNO), Enovis (ENOV), LivaNova (LIVN), NovoCure (NVCR), Warby Parker (WRBY), LeMaitre Vascular (LMAT), CONMED (CNMD), Tandem Diabetes Care (TNDM), and Liquidia (LQDA). These companies are all part of the "medical equipment" industry.

Butterfly Network vs.

Butterfly Network (NYSE:BFLY) and TransMedics Group (NASDAQ:TMDX) are both medical companies, but which is the better stock? We will contrast the two companies based on the strength of their valuation, analyst recommendations, risk, earnings, community ranking, media sentiment, institutional ownership, profitability and dividends.

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

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Butterfly Network$82.06M7.09-$133.70M-$0.33-7.26
TransMedics Group$441.54M5.24-$25.03M$1.0168.08

Butterfly Network has a beta of 2.48, indicating that its share price is 148% more volatile than the S&P 500. Comparatively, TransMedics Group has a beta of 2.12, indicating that its share price is 112% more volatile than the S&P 500.

TransMedics Group has a net margin of 8.14% compared to Butterfly Network's net margin of -129.25%. TransMedics Group's return on equity of 18.74% beat Butterfly Network's return on equity.

Company Net Margins Return on Equity Return on Assets
Butterfly Network-129.25% -42.68% -30.31%
TransMedics Group 8.14%18.74%4.39%

Butterfly Network currently has a consensus target price of $3.00, indicating a potential upside of 25.26%. TransMedics Group has a consensus target price of $122.70, indicating a potential upside of 78.46%. Given TransMedics Group's higher possible upside, analysts clearly believe TransMedics Group is more favorable than Butterfly Network.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Butterfly Network
0 Sell rating(s)
0 Hold rating(s)
2 Buy rating(s)
0 Strong Buy rating(s)
3.00
TransMedics Group
0 Sell rating(s)
3 Hold rating(s)
7 Buy rating(s)
1 Strong Buy rating(s)
2.82

In the previous week, TransMedics Group had 48 more articles in the media than Butterfly Network. MarketBeat recorded 51 mentions for TransMedics Group and 3 mentions for Butterfly Network. Butterfly Network's average media sentiment score of 0.61 beat TransMedics Group's score of 0.12 indicating that Butterfly Network is being referred to more favorably in the media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Butterfly Network
1 Very Positive mention(s)
1 Positive mention(s)
1 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
TransMedics Group
9 Very Positive mention(s)
4 Positive mention(s)
31 Neutral mention(s)
3 Negative mention(s)
2 Very Negative mention(s)
Neutral

37.8% of Butterfly Network shares are owned by institutional investors. Comparatively, 99.7% of TransMedics Group shares are owned by institutional investors. 27.3% of Butterfly Network shares are owned by insiders. Comparatively, 7.0% of TransMedics Group shares are owned by insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a company will outperform the market over the long term.

TransMedics Group received 105 more outperform votes than Butterfly Network when rated by MarketBeat users. However, 70.00% of users gave Butterfly Network an outperform vote while only 58.95% of users gave TransMedics Group an outperform vote.

CompanyUnderperformOutperform
Butterfly NetworkOutperform Votes
7
70.00%
Underperform Votes
3
30.00%
TransMedics GroupOutperform Votes
112
58.95%
Underperform Votes
78
41.05%

Summary

TransMedics Group beats Butterfly Network on 13 of the 19 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 {thisCompany.Symbol} 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 NetworkX IndustryMedical SectorNYSE Exchange
Market Cap$579.37M$12.62B$5.63B$19.39B
Dividend YieldN/A1.89%4.57%3.75%
P/E Ratio-5.1819.0323.1233.09
Price / Sales7.098.35384.2726.75
Price / CashN/A11.9038.1617.54
Price / Book2.262.176.884.53
Net Income-$133.70M$344.53M$3.20B$1.02B
7 Day Performance-9.31%-5.47%-2.57%-1.07%
1 Month Performance-33.93%-10.36%1.95%-3.82%
1 Year Performance125.94%0.13%9.80%3.61%

Butterfly Network Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
BFLY
Butterfly Network
2.7206 of 5 stars
$2.36
-3.1%
$3.00
+26.9%
+129.7%$574.27M$82.06M-5.14460
TMDX
TransMedics Group
2.5892 of 5 stars
$71.47
+3.5%
$122.70
+71.7%
-5.0%$2.41B$441.54M76.03210Analyst Forecast
SLNO
Soleno Therapeutics
4.634 of 5 stars
$50.14
+2.1%
$71.20
+42.0%
+57.3%$2.30BN/A-15.1030Analyst Forecast
News Coverage
ENOV
Enovis
3.2868 of 5 stars
$40.01
+2.4%
$58.50
+46.2%
-37.7%$2.28B$2.11B-18.276,550Positive News
LIVN
LivaNova
4.0062 of 5 stars
$40.37
+2.3%
$61.17
+51.5%
-29.1%$2.19B$1.25B96.122,900Analyst Upgrade
NVCR
NovoCure
3.8343 of 5 stars
$19.78
+2.3%
$35.80
+81.0%
+29.6%$2.17B$605.22M-14.131,320Gap Up
WRBY
Warby Parker
3.7379 of 5 stars
$20.19
+6.8%
$23.43
+16.1%
+43.7%$2.09B$771.32M-74.763,491Positive News
LMAT
LeMaitre Vascular
3.0504 of 5 stars
$86.07
+3.1%
$95.25
+10.7%
+24.9%$1.94B$219.86M47.03490Positive News
CNMD
CONMED
4.7205 of 5 stars
$60.86
+2.0%
$77.20
+26.8%
-25.3%$1.88B$1.31B14.354,100Short Interest ↑
Positive News
TNDM
Tandem Diabetes Care
4.5303 of 5 stars
$20.62
+1.6%
$45.38
+120.1%
-43.9%$1.37B$940.20M-10.682,400Positive News
Gap Up
LQDA
Liquidia
2.39 of 5 stars
$15.66
+3.6%
$26.63
+70.0%
+1.1%$1.34B$14.00M-9.6150
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This page (NYSE:BFLY) was last updated on 3/28/2025 by MarketBeat.com Staff
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