Free Trial

Butterfly Network (BFLY) Competitors

Butterfly Network logo
$5.54 -0.15 (-2.55%)
Closing price 06/12/2026 03:59 PM Eastern
Extended Trading
$5.49 -0.05 (-0.83%)
As of 06/12/2026 07:56 PM Eastern
Extended trading is trading that happens on electronic markets outside of regular trading hours. This is a fair market value extended hours price provided by Massive. Learn more.

BFLY vs. LIVN, NVST, IRTC, MMED, and WRBY

Should you buy Butterfly Network stock or one of its competitors? MarketBeat compares Butterfly Network with other companies and stocks that may be similar based on industry, sector, market capitalization, business model, investor interest, or shared news coverage. Companies and stocks commonly compared with Butterfly Network include LivaNova (LIVN), Envista (NVST), iRhythm Technologies (IRTC), MiniMed Group (MMED), and Warby Parker (WRBY). These companies are all part of the "medical equipment" industry.

How does Butterfly Network compare to LivaNova?

Butterfly Network (NYSE:BFLY) and LivaNova (NASDAQ:LIVN) are both medical companies, but which is the superior business? We will compare the two businesses based on the strength of their profitability, institutional ownership, earnings, media sentiment, analyst recommendations, risk, dividends and valuation.

37.9% of Butterfly Network shares are owned by institutional investors. Comparatively, 97.6% of LivaNova shares are owned by institutional investors. 22.0% of Butterfly Network shares are owned by insiders. Comparatively, 0.4% of LivaNova shares are owned by insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a company is poised for long-term growth.

LivaNova has a net margin of 7.48% compared to Butterfly Network's net margin of -73.63%. LivaNova's return on equity of 16.48% beat Butterfly Network's return on equity.

Company Net Margins Return on Equity Return on Assets
Butterfly Network-73.63% -34.41% -23.91%
LivaNova 7.48%16.48%7.59%

Butterfly Network presently has a consensus target price of $5.56, indicating a potential upside of 0.50%. LivaNova has a consensus target price of $79.38, indicating a potential downside of 0.02%. Given Butterfly Network's higher probable upside, research analysts plainly believe Butterfly Network is more favorable than LivaNova.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Butterfly Network
1 Sell rating(s)
2 Hold rating(s)
3 Buy rating(s)
0 Strong Buy rating(s)
2.33
LivaNova
0 Sell rating(s)
3 Hold rating(s)
6 Buy rating(s)
0 Strong Buy rating(s)
2.67

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

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Butterfly Network$97.61M14.44-$77.06M-$0.30N/A
LivaNova$1.39B3.14-$242.47M$1.9540.71

Butterfly Network has a beta of 2.22, suggesting that its share price is 122% more volatile than the broader market. Comparatively, LivaNova has a beta of 0.88, suggesting that its share price is 12% less volatile than the broader market.

In the previous week, Butterfly Network and Butterfly Network both had 7 articles in the media. LivaNova's average media sentiment score of 0.44 beat Butterfly Network's score of 0.03 indicating that LivaNova is being referred to more favorably in the news media.

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

Summary

LivaNova beats Butterfly Network on 10 of the 15 factors compared between the two stocks.

How does Butterfly Network compare to Envista?

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

Envista has a net margin of 2.41% compared to Butterfly Network's net margin of -73.63%. Envista's return on equity of 7.11% beat Butterfly Network's return on equity.

Company Net Margins Return on Equity Return on Assets
Butterfly Network-73.63% -34.41% -23.91%
Envista 2.41%7.11%3.91%

Butterfly Network presently has a consensus target price of $5.56, suggesting a potential upside of 0.50%. Envista has a consensus target price of $28.67, suggesting a potential upside of 16.80%. Given Envista's stronger consensus rating and higher probable upside, analysts plainly believe Envista is more favorable than Butterfly Network.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Butterfly Network
1 Sell rating(s)
2 Hold rating(s)
3 Buy rating(s)
0 Strong Buy rating(s)
2.33
Envista
0 Sell rating(s)
9 Hold rating(s)
6 Buy rating(s)
0 Strong Buy rating(s)
2.40

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

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Butterfly Network$97.61M14.44-$77.06M-$0.30N/A
Envista$2.72B1.47$47M$0.4159.86

Butterfly Network has a beta of 2.22, meaning that its share price is 122% more volatile than the broader market. Comparatively, Envista has a beta of 0.88, meaning that its share price is 12% less volatile than the broader market.

In the previous week, Butterfly Network had 6 more articles in the media than Envista. MarketBeat recorded 7 mentions for Butterfly Network and 1 mentions for Envista. Butterfly Network's average media sentiment score of 0.03 beat Envista's score of 0.00 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)
2 Positive mention(s)
2 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Neutral
Envista
0 Very Positive mention(s)
0 Positive mention(s)
1 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Neutral

37.9% of Butterfly Network shares are held by institutional investors. 22.0% of Butterfly Network shares are held by insiders. Comparatively, 1.0% of Envista shares are held by insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a stock will outperform the market over the long term.

Summary

Envista beats Butterfly Network on 10 of the 16 factors compared between the two stocks.

How does Butterfly Network compare to iRhythm Technologies?

iRhythm Technologies (NASDAQ:IRTC) and Butterfly Network (NYSE:BFLY) are both medical companies, but which is the better business? We will compare the two companies based on the strength of their earnings, institutional ownership, dividends, media sentiment, profitability, analyst recommendations, risk and valuation.

In the previous week, Butterfly Network had 3 more articles in the media than iRhythm Technologies. MarketBeat recorded 7 mentions for Butterfly Network and 4 mentions for iRhythm Technologies. iRhythm Technologies' average media sentiment score of 1.32 beat Butterfly Network's score of 0.03 indicating that iRhythm Technologies is being referred to more favorably in the media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
iRhythm Technologies
1 Very Positive mention(s)
0 Positive mention(s)
1 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
Butterfly Network
1 Very Positive mention(s)
2 Positive mention(s)
2 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Neutral

iRhythm Technologies currently has a consensus price target of $187.38, indicating a potential upside of 64.88%. Butterfly Network has a consensus price target of $5.56, indicating a potential upside of 0.50%. Given iRhythm Technologies' stronger consensus rating and higher probable upside, research analysts clearly believe iRhythm Technologies is more favorable than Butterfly Network.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
iRhythm Technologies
1 Sell rating(s)
1 Hold rating(s)
12 Buy rating(s)
2 Strong Buy rating(s)
2.94
Butterfly Network
1 Sell rating(s)
2 Hold rating(s)
3 Buy rating(s)
0 Strong Buy rating(s)
2.33

iRhythm Technologies has a beta of 1.27, suggesting that its share price is 27% more volatile than the broader market. Comparatively, Butterfly Network has a beta of 2.22, suggesting that its share price is 122% more volatile than the broader market.

37.9% of Butterfly Network shares are owned by institutional investors. 1.0% of iRhythm Technologies shares are owned by insiders. Comparatively, 22.0% of Butterfly Network shares are owned by insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a company will outperform the market over the long term.

iRhythm Technologies has a net margin of -3.53% compared to Butterfly Network's net margin of -73.63%. iRhythm Technologies' return on equity of -10.26% beat Butterfly Network's return on equity.

Company Net Margins Return on Equity Return on Assets
iRhythm Technologies-3.53% -10.26% -1.39%
Butterfly Network -73.63%-34.41%-23.91%

iRhythm Technologies has higher revenue and earnings than Butterfly Network. iRhythm Technologies 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
iRhythm Technologies$747.14M5.00-$44.55M-$0.86N/A
Butterfly Network$97.61M14.44-$77.06M-$0.30N/A

Summary

iRhythm Technologies beats Butterfly Network on 10 of the 17 factors compared between the two stocks.

How does Butterfly Network compare to MiniMed Group?

MiniMed Group (NASDAQ:MMED) and Butterfly Network (NYSE:BFLY) are both medical equipment companies, but which is the superior business? We will contrast the two businesses based on the strength of their institutional ownership, dividends, risk, earnings, analyst recommendations, media sentiment, valuation and profitability.

MiniMed Group presently has a consensus price target of $21.33, indicating a potential upside of 40.72%. Butterfly Network has a consensus price target of $5.56, indicating a potential upside of 0.50%. Given MiniMed Group's stronger consensus rating and higher possible upside, equities research analysts clearly believe MiniMed Group is more favorable than Butterfly Network.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
MiniMed Group
1 Sell rating(s)
2 Hold rating(s)
12 Buy rating(s)
0 Strong Buy rating(s)
2.73
Butterfly Network
1 Sell rating(s)
2 Hold rating(s)
3 Buy rating(s)
0 Strong Buy rating(s)
2.33

MiniMed Group has higher revenue and earnings than Butterfly Network.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
MiniMed Group$2.99B1.42N/AN/AN/A
Butterfly Network$97.61M14.44-$77.06M-$0.30N/A

In the previous week, Butterfly Network had 3 more articles in the media than MiniMed Group. MarketBeat recorded 7 mentions for Butterfly Network and 4 mentions for MiniMed Group. MiniMed Group's average media sentiment score of 0.47 beat Butterfly Network's score of 0.03 indicating that MiniMed Group is being referred to more favorably in the media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
MiniMed Group
0 Very Positive mention(s)
0 Positive mention(s)
3 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Neutral
Butterfly Network
1 Very Positive mention(s)
2 Positive mention(s)
2 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Neutral

19.7% of MiniMed Group shares are held by institutional investors. Comparatively, 37.9% of Butterfly Network shares are held by institutional investors. 2.2% of MiniMed Group shares are held by company insiders. Comparatively, 22.0% of Butterfly Network shares are held by company insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a stock will outperform the market over the long term.

MiniMed Group has a net margin of 0.00% compared to Butterfly Network's net margin of -73.63%. MiniMed Group's return on equity of 0.00% beat Butterfly Network's return on equity.

Company Net Margins Return on Equity Return on Assets
MiniMed GroupN/A N/A N/A
Butterfly Network -73.63%-34.41%-23.91%

Summary

MiniMed Group beats Butterfly Network on 8 of the 12 factors compared between the two stocks.

How does Butterfly Network compare to Warby Parker?

Warby Parker (NYSE:WRBY) and Butterfly Network (NYSE:BFLY) are both medical equipment companies, but which is the superior investment? We will compare the two businesses based on the strength of their media sentiment, institutional ownership, valuation, risk, analyst recommendations, earnings, dividends and profitability.

93.2% of Warby Parker shares are held by institutional investors. Comparatively, 37.9% of Butterfly Network shares are held by institutional investors. 16.8% of Warby Parker shares are held by insiders. Comparatively, 22.0% of Butterfly Network shares are held by insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a company will outperform the market over the long term.

Warby Parker currently has a consensus target price of $29.50, indicating a potential upside of 12.07%. Butterfly Network has a consensus target price of $5.56, indicating a potential upside of 0.50%. Given Warby Parker's stronger consensus rating and higher possible upside, research analysts plainly believe Warby Parker is more favorable than Butterfly Network.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Warby Parker
0 Sell rating(s)
5 Hold rating(s)
9 Buy rating(s)
0 Strong Buy rating(s)
2.64
Butterfly Network
1 Sell rating(s)
2 Hold rating(s)
3 Buy rating(s)
0 Strong Buy rating(s)
2.33

Warby Parker has a beta of 1.96, meaning that its stock price is 96% more volatile than the broader market. Comparatively, Butterfly Network has a beta of 2.22, meaning that its stock price is 122% more volatile than the broader market.

Warby Parker has a net margin of 0.15% compared to Butterfly Network's net margin of -73.63%. Warby Parker's return on equity of 2.30% beat Butterfly Network's return on equity.

Company Net Margins Return on Equity Return on Assets
Warby Parker0.15% 2.30% 1.18%
Butterfly Network -73.63%-34.41%-23.91%

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

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Warby Parker$871.91M3.23$1.64M$0.021,316.20
Butterfly Network$97.61M14.44-$77.06M-$0.30N/A

In the previous week, Butterfly Network had 4 more articles in the media than Warby Parker. MarketBeat recorded 7 mentions for Butterfly Network and 3 mentions for Warby Parker. Butterfly Network's average media sentiment score of 0.03 beat Warby Parker's score of -1.00 indicating that Butterfly Network is being referred to more favorably in the news media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Warby Parker
1 Very Positive mention(s)
0 Positive mention(s)
1 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Negative
Butterfly Network
1 Very Positive mention(s)
2 Positive mention(s)
2 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Neutral

Summary

Warby Parker beats Butterfly Network on 11 of the 16 factors compared between the two stocks.

Get Butterfly Network News Delivered to You Automatically

Sign up to receive the latest news and ratings for BFLY and its competitors with MarketBeat's FREE daily newsletter.

Subscribe Now
SMS is currently available in Australia, Belgium, Canada, France, Germany, Ireland, Italy, New Zealand, the Netherlands, Singapore, South Africa, Spain, Switzerland, the United Kingdom, and the United States. By entering your phone number and clicking the sign-up button, you agree to receive periodic text messages from MarketBeat at the phone number you submitted, including texts that may be sent using an automatic telephone dialing system. Message and data rates may apply. Message frequency will vary. Messages will consist of stock alerts, news stories, and partner advertisements/offers. Consent is not a condition of the purchase of any goods or services. Text HELP for help/customer support. Unsubscribe at any time by replying "STOP" to any text message that you receive from MarketBeat or by visiting our mailing preferences page. Read our full terms of service and privacy policy.

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.
Skip Chart

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.
Skip Chart

BFLY vs. The Competition

MetricButterfly NetworkMEDICAL INFO SYS IndustryMedical SectorNYSE Exchange
Market Cap$1.45B$1.53B$6.74B$23.14B
Dividend YieldN/AN/A2.67%4.08%
P/E Ratio-18.4577.5523.9931.33
Price / Sales14.446.96511.1820.49
Price / CashN/A23.2044.0124.25
Price / Book7.194.8110.654.68
Net Income-$77.06M-$54.76M$3.57B$1.07B
7 Day Performance21.51%-3.28%0.83%2.11%
1 Month Performance40.66%1.39%0.08%2.32%
1 Year Performance141.18%-6.47%25.18%24.13%

Butterfly Network Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
BFLY
Butterfly Network
1.045 of 5 stars
$5.54
-2.6%
$5.56
+0.5%
+126.8%$1.45B$97.61MN/A460
LIVN
LivaNova
1.7297 of 5 stars
$73.81
+0.0%
$79.38
+7.5%
+70.3%$4.05B$1.39B37.853,300
NVST
Envista
2.0196 of 5 stars
$23.34
-0.9%
$28.83
+23.5%
+30.1%$3.83B$2.72B56.9312,000
IRTC
iRhythm Technologies
4.3743 of 5 stars
$109.17
-4.2%
$189.69
+73.8%
-21.9%$3.74B$787.85MN/A2,400
MMED
MiniMed Group
4.4113 of 5 stars
$12.00
-0.3%
$21.67
+80.6%
N/A$3.37B$2.99BN/A8,000

Related Companies and Tools


This page (NYSE:BFLY) was last updated on 6/13/2026 by MarketBeat.com Staff.
From Our Partners