How to Buy Butterfly Network Stock

Butterfly Network Inc

Butterfly Network, Inc. , a digital health company, develops, manufactures, and commercializes ultrasound imaging solutions in the United States and internationally.

Butterfly Network stock last closed at $2.38, up 3.93% from the previous day, and has increased 230.1% in one year. It has overperformed other stocks in the Medical Devices industry by 2.47 percentage points. Butterfly Network stock is currently +253.12% from its 52-week low of $0.67, and -52.21% from its 52-week high of $4.98.

At the moment, there are 242.92M shares of BFLY outstanding. The market value of BFLY is $578.16M. In the past 24 hours, 1.8M BFLY shares were traded.

How to Buy Butterfly Network Stock

Not sure how to invest in Butterfly Network stock? Here's how.

  1. Figure out where to buy Butterfly Network stock: You need to pick an online brokerage, but don't worry - we've tried dozens of online brokerages and apps to help you figure out where to buy Butterfly Network stock.
  2. Create a brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've identified.
  3. Fund your brokerage account: Choose your method of payment and add your details.
  4. Research Butterfly Network stock: The Butterfly Network ticker symbol is BFLY. Is Butterfly Network stock a good investment? Should you buy shares of BFLY? How do BFLY's underlying business fundamentals look? Do top analysts think Butterfly Network is a good buy? Why has BFLY's stock price moved recently? (Hint: Our stock market analysis tools can help you understand if BFLY is a good stock to buy).
  5. Execute your BFLY purchase: Decide if you will purchase BFLY shares at the current market price or use a limit order to purchase BFLY stock at a particular price.
  6. Get updates on your BFLY position: Create a watchlist to get the latest news on your investment in Butterfly Network stock.

Step 1: Figure out where to buy Butterfly Network stock

You will need an online brokerage account in order to access the NYSE market and buy BFLY shares.

A brokerage account enables you to buy and sell a number of investments, such as stocks, bonds, mutual funds, and ETFs.

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Step 2: Create a brokerage account

Now that you've chosen your brokerage, you'll need to fill out some personal details so you are able to buy BFLY stock today.

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  1. Send your details by hitting the "Create Account" button.
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Step 3: Fund your brokerage account

Now that you have created your account on the best stock market app, your next step is to transfer the money for your investment:

Check out the walkthrough below if you need help transferring money into your new investment account.

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Step 4: Research Butterfly Network stock

Once you have decided on the best place to buy Butterfly Network stock, it's very important to research their stock before you invest, so you can wrap your head around the risk and opportunity.

Butterfly Network stock quick numbers

BFLY Price
$2.38
1w %
-5.56%
1y %
230.1%
5y %
N/A
P/E
-7x
P/B
3.42x
P/S
6.13x
PEG
N/A
Revenue
$82.06M
Earnings
-$72.49M
Fore. Rev. Growth
20.81%
Fore. Earn. Growth
N/A
Market Cap
$578.16M
Next Earnings
Apr 29, 2025
Next Dividend
N/A

Fundamentals of Butterfly Network

WallStreetZen was built to help average investors do more accurate fundamental analysis.

You can view all of the due diligence checks on BFLY's stock page.

Is BFLY stock undervalued?

You can use many financial metrics, analyses, models, and charts to gauge BFLY's fair value.

Using relative valuations metrics:

  • BFLY may be undervalued based on its P/B ratio of 3.42x, relative to Medical Devices industry P/B ratio of 3.8x

You can access more valuation analysis on BFLY's stock here.

Is BFLY a healthy company?

Positive Health Checks:

  • BFLY has $88.78M in cash and short term investments. This is sufficient to cover its annual cash burn of $44.37M.
  • There are more short-term assets than short-term liabilities on the BFLY balance sheet.
  • There are more short-term assets than long-term liabilities on the BFLY balance sheet.
  • Total BFLY debt is lower than 5 years ago, relative to shareholder equity.
  • BFLY has cash burn of 44365000. It has sufficient cash and short-term investments to cover this for at least one year.

Negative Health Checks:

  • BFLY profit margin has gone up by 1.15 percentage points in the past year, but the company is still unprofitable.
  • BFLY has a relatively high debt to equity ratio of 0.52.

You can dive deeper into what analysts are saying on the Butterfly Network stock forecast page.

BFLY Momentum

SMA10
2.36
SMA20
2.34
SMA50
3.01
SMA100
3.32
SMA200
2.46
MACD
-0.14
MACD Signal
-0.2
MACD Histogram
0.05
RSI
44.94
Stochastic %K
64.09
Stochastic %D
66.48
StochRSI %K
72.66
StochRSI %D
74.43

BFLY Earnings

Last year, BFLY revenue was $82.06M. In the last five year, BFLY's revenue has gone up by 24.36% per year. This was faster than the Medical Devices industry average of 9.81%.

Dive into BFLY's earnings and revenue performance here.

Are BFLY executives and large shareholders buying or selling the stock?

Over the last year, executives and large shareholders at BFLY have sold more shares than they have bought.

Andrei G. Stoica, Chief Technology Officer of BFLY, was the latest BFLY insider to sell. They sold $3,907.83 worth of BFLY stock on Apr 1, 2025.

Research more about who owns BFLY stock here.

Does BFLY provide a stable income stream?

No, Butterfly Network doesn't provide an income stream by paying out dividends.

What others are saying about BFLY

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Step 5: Execute your BFLY purchase

There are two main options:

  • Market order: A market order is an order to buy or sell a stock at the best possible price.
    Market orders are usually the best for newer investors.
  • Limit order: A limit order enables you to buy or sell a stock at a specific price (or better).
    If you want to make sure you're buying or selling at a particular dollar amount limit, place a limit order.

Press the Open button and eToro will execute the order.

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Step 6: Get updates on your BFLY position

Now that you own some BFLY stock, you'll want to stay up-to-date on your new company.

Start a watchlist to track the latest developments regarding your BFLY stock.

BFLY Feed

How to Buy Stock in Butterfly Network

To reiterate, here are the 6 steps to buy stock in Butterfly Network:

  1. Figure out where to buy Butterfly Network stock
  2. Create a brokerage account
  3. Fund your brokerage account
  4. Research Butterfly Network stock
  5. Execute your BFLY purchase
  6. Get updates on your BFLY position

If you require a place to buy stocks, eToro is our recommended option.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

If you want to get updates on your investment in Butterfly Network, create a watchlist on WallStreetZen today.

NYSE: BFLY
$2.38+0.09 (+3.93%)
Updated Apr 22, 2025
Open eToro Account
Your capital is at risk.
NYSE: BFLY
$2.38+0.09 (+3.93%)
Updated Apr 22, 2025
Open eToro Account
Your capital is at risk.

FAQ

How much does it cost to buy one Butterfly Network share?

As of Apr 22, 2025, it costs $2.38 to buy one share of Butterfly Network stock.

Remember, eToro's fractional share buying allows you to buy partial shares of stocks and ETFs. Even if you only have $1, you can buy 0.42 shares of BFLY.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

What is the best way to buy Butterfly Network stock?

One way to place an order for Butterfly Network stock is with a brokerage account.
WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.

Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.