BFLY — Butterfly Network, Inc.
Healthcare · ETF XLV · as of 2026-09-22
Butterfly Network Inc is a digital health business transforming care with handheld, whole-body ultrasound. Powered by its proprietary Ultrasound-on-Chip technology, its solution enables the acquisition of imaging information from an affordable, powerful device that fits in a healthcare professional's pocket with a combination of cloud-connected software and hardware technology that is easily accessed through a mobile application. Butterfly iQ+ is an ultrasound device that can perform whole-body imaging in a single handheld probe using semiconductor technology. The company operates in one reportable segment, which includes all activities related to the development, manufacture, and sale of the Company's products, software, and other services.
Price & today
| Stock today | +21.99% |
| Sector ETF today | +0.52% |
| Residual (stock-specific) | +21.47% |
Sector correlation
| 20-day correlation with XLV | 0.18 |
| 60-day correlation with XLV | 0.04 |
| Status | normal |
Decoupling fires when 60d corr − 20d corr > 0.20: stock used to track its sector but the relationship has weakened recently.
Technicals
| 10 EMA | $8.16 |
| 20 EMA | $8.08 |
| 50 EMA | $7.86 |
| EMA stack | BULLISH |
| RSI(14) | 67.3 |
| 52-week high distance | +97.42% |
| 52-week low distance | +652.27% |
Signals
| Market F&G | 45.1 |
| Bull% | 12.9% |
| OVTLYR status | — |
| Sector rank | — |
| Next earnings | 2026-10-29 (TNS, 36d) |
MarketSmith metrics - our compute
What do these abbreviations mean?
- RS Rating
- - IBD-style relative strength vs SPY (weighted 3/6/9/12-mo). 70+ = leaders pool, 80+ = strong.
- ADR%
- - average daily range over 20 days. 4%+ = the fast movers the playbook prefers (selection order, not a gate).
- RMV (tight)
- - Relative Measured Volatility, 15 bars, scaled 0-100. <15 = tight coiled base (green), <35 moderate, high = loose/expanding - not a base right now.
- Ext (ATR>20EMA)
- - how many ATRs price sits above its 20-EMA. ≤1 = in value (green), >2 = extended/chasing (red) - prefer a pullback.
- Rel Vol
- - latest volume vs the 50-day average. 100% = normal; 140%+ = breakout confirmation.
- U/D 50d / 25d
- - up-day vs down-day volume over the window. 1.1+ = net accumulation (institutions buying); under 0.9 on the 25d = net selling.
- Accum/Dist 25d
- - heavy-volume up days vs heavy-volume down days in the last 25 sessions (close moved 0.2%+ on above-average volume). The institutional-participation footprint; 5+ distribution days = O'Neil caution line.
- LoD dist
- - close distance above the day low in % of ATR (100 = one full ATR off the low). High = strong close.
- Off/Above 52w
- - trend-template legs: within 25% of the 52-week high, at least 25% above the 52-week low.
- Trend 8/8
- - all 8 Minervini Trend Template criteria pass. Discovery floor, NOT an entry signal - entries come from the VCP pivot.
- Base len (VCP)
- - weeks since the VCP base started on the latest scan. 10wk+ bases carry the edge; short stacked bases test below random.
Fundamentals & valuation - reference, not entry inputs
Company data - context read, not entry inputs
Quarterly EPS - earnings acceleration
A dash in %Chg is deliberate: the year-ago figure was a loss, so a growth % would be meaningless. A dash in Sales means we have no revenue figure for that quarter - read it as a gap in our data, not as zero revenue.
| Quarter | EPS ($) | %Chg YoY | Sales ($M) | %Chg |
|---|---|---|---|---|
| Feb-24 | -0.21 | - | 16.5 | -13% |
| May-24 | -0.10 | - | 17.7 | +14% |
| Aug-24 | -0.07 | - | 21.5 | +16% |
| Nov-24 | -0.05 | - | 20.6 | +33% |
| Feb-25 | -0.08 | - | 22.4 | +35% |
| May-25 | -0.04 | - | 21.2 | +20% |
| Aug-25 | -0.03 | - | 23.4 | +9% |
| Oct-25 | -0.04 | - | 21.5 | +5% |
eps_actual (the figure MarketSmith/Deepvue show) - whether a given quarter is GAAP or excludes a one-off follows the filing, so it can sit either side of another vendor's number; AAPL's Oct-24 row, the Sep-2024 fiscal quarter, is $0.97 here - GAAP, including the EU tax charge - where TradingView's year implies $1.64 · Sales ($M) = SEC EDGAR quarterly revenue (fiscal Q4 derived as FY minus 9-mo) · quarter = report month · %Chg blank = prior-year base under $0.05 (not meaningful).Recent news - our DB (Finnhub + OVTLYR)
- Sep 16 + Ultrasound AI Market Size to Surge to USD 22.03 Billion by 2035 at a CAGR of 26.62% – SNS Insider GlobeNewswire Inc.
- Sep 11 + 3 Medical Info Systems Stocks to Gain From GenAI Boom Amid Cyber Risk Zacks Investment Research
- Aug 21 + Butterfly Network Director Phanstiel Buys $1.0 Million in Stock. Is This a Sign Investors Should Also Buy? The Motley Fool
- Jul 27 − Butterfly Network Founder Rothberg Sells Another 660,000 Shares. Should Investors Worry? The Motley Fool