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Butterfly Network (BFLY) Competitors

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$1.40 -0.02 (-1.06%)
Closing price 03:59 PM Eastern
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$1.40 +0.00 (+0.36%)
As of 07:54 PM Eastern
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BFLY vs. NVCR, SSII, CDRE, BLFS, MDXG, PLSE, ESTA, IRMD, INMD, and KMTS

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), MiMedx Group (MDXG), Pulse Biosciences (PLSE), Establishment Labs (ESTA), iRadimed (IRMD), InMode (INMD), and Kestra Medical Technologies (KMTS). These companies are all part of the "medical equipment" industry.

Butterfly Network vs. Its Competitors

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

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
Butterfly Network-71.79% -30.53% -21.80%
NovoCure -27.13%-47.74%-13.79%

Butterfly Network has a beta of 2.45, suggesting that its share price is 145% more volatile than the S&P 500. Comparatively, NovoCure has a beta of 0.61, suggesting that its share price is 39% less volatile than the S&P 500.

37.9% of Butterfly Network shares are owned by institutional investors. Comparatively, 84.6% of NovoCure shares are owned by institutional investors. 25.2% of Butterfly Network shares are owned by insiders. Comparatively, 5.5% of NovoCure shares are owned by insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a company will outperform the market over the long term.

Butterfly Network has higher earnings, but lower revenue 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
Butterfly Network$82.06M4.28-$72.49M-$0.28-4.98
NovoCure$605.22M2.20-$168.63M-$1.56-7.63

In the previous week, Butterfly Network and Butterfly Network both had 4 articles in the media. Butterfly Network's average media sentiment score of 0.71 beat NovoCure's score of 0.38 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)
0 Positive mention(s)
3 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
NovoCure
0 Very Positive mention(s)
3 Positive mention(s)
0 Neutral mention(s)
1 Negative mention(s)
0 Very Negative mention(s)
Neutral

Butterfly Network currently has a consensus price target of $3.00, suggesting a potential upside of 115.05%. NovoCure has a consensus price target of $28.79, suggesting a potential upside of 141.69%. Given NovoCure's higher possible upside, analysts clearly believe NovoCure is more favorable than Butterfly Network.

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

Summary

Butterfly Network beats NovoCure on 9 of the 15 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$351.18M$2.08B$5.73B$20.87B
Dividend YieldN/AN/A4.53%3.60%
P/E Ratio-4.9837.4330.4628.31
Price / Sales4.289.69392.5752.52
Price / CashN/A50.4237.0323.77
Price / Book1.526.498.955.19
Net Income-$72.49M-$63.67M$3.26B$992.10M
7 Day Performance-0.71%0.86%1.06%-0.30%
1 Month Performance-25.99%0.32%4.31%1.20%
1 Year Performance49.36%21.56%28.39%10.50%

Butterfly Network Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
BFLY
Butterfly Network
2.7796 of 5 stars
$1.40
-1.1%
$3.00
+115.1%
+53.8%$351.18M$82.06M-4.98460Gap Up
NVCR
NovoCure
4.1661 of 5 stars
$10.90
-2.1%
$28.79
+164.1%
-32.7%$1.22B$605.22M-6.991,488News Coverage
Positive News
SSII
SS Innovations International
N/A$6.25
-7.7%
N/AN/A$1.21B$20.65M0.004
CDRE
Cadre
1.6667 of 5 stars
$28.48
-6.8%
$37.50
+31.7%
-16.8%$1.16B$572.61M30.302,284
BLFS
BioLife Solutions
2.5697 of 5 stars
$22.37
-1.4%
$31.29
+39.9%
-2.4%$1.07B$87.76M-186.40440High Trading Volume
MDXG
MiMedx Group
3.2264 of 5 stars
$7.04
+0.3%
$12.00
+70.5%
+11.0%$1.04B$348.88M33.53870Positive News
PLSE
Pulse Biosciences
3.6803 of 5 stars
$14.88
+1.2%
$22.00
+47.8%
-16.9%$1.00B$700K0.00140
ESTA
Establishment Labs
2.1171 of 5 stars
$33.63
-3.4%
$55.80
+65.9%
-11.3%$974.26M$166.02M-11.031,018News Coverage
Analyst Forecast
IRMD
iRadimed
4.5631 of 5 stars
$70.00
+0.1%
$72.00
+2.9%
+58.7%$890.40M$73.24M43.21110Ex-Dividend
INMD
InMode
2.849 of 5 stars
$13.80
-2.2%
$18.04
+30.7%
-9.5%$872.28M$401.56M5.59480Positive News
KMTS
Kestra Medical Technologies
N/A$14.65
+0.9%
$27.33
+86.6%
N/A$752.26M$59.82M0.00300

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This page (NYSE:BFLY) was last updated on 8/21/2025 by MarketBeat.com Staff
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