The conference call will be broadcast live in listen-only mode via a webcast on Butterfly's Investor Relations website at Events & Presentations. Individuals interested in listening to the conference call on your telephone may do so by dialing approximately ten minutes prior to start time: United States (Local): +1 646 844 6383 United States (Toll-Free): +1 833 470 1428 Global Dial-In Numbers:https://www.netroadshow.com/events/global-numbers?confId=91551 Access Code: 965970 BURLINGTON, Mass. & NEW YORK--(BU ...

Butterfly Network, Inc. (NYSE:BFLY) is one of the best strong buy stocks to invest in under $5. On January 21, Craig-Hallum lifted the price target on Butterfly Network, Inc. (NYSE:BFLY) to $5.25 from $3.25 while maintaining a Buy rating on the shares. The rating update followed the release of the company’s latest announcements, which included at least 17% year-over-year Q4 revenue growth, implying $26.2 million compared to the Street’s estimate of $25.7 million and the full year landing at $92.3 million. ...

Core Viewpoint - Lake Street analyst Ben Haynor has raised the price target for Butterfly Network (BFLY) to $5.50 from $4, maintaining a Buy rating on the shares, indicating a positive outlook for the company's stock performance [1] Group 1 - The firm anticipates that both healthcare and non-healthcare investors will recognize the "platform payoff" from various areas of Butterfly Network's business becoming more apparent [1] - The analyst expects multiple expansion for the company this year, supporting the rationale behind the increased price target [1]

Core Viewpoint - Butterfly Network presented at the JPMorgan Conference, highlighting its significance in the healthcare sector and addressing recent developments regarding warrants issued to shareholders [2][3]. Company Developments - The company issued warrants to select shareholders at a price of $11.50, which are now expiring, leading to some confusion among investors [3]. - The expiration of these warrants means that there will be no dilution of 20 million shares for existing and new shareholders, which is viewed positively by the company [4].

Butterfly Network (NYSE:BFLY) FY Conference Summary Company Overview - **Company**: Butterfly Network - **Industry**: Healthcare, specifically point-of-care ultrasound technology - **Key Executives**: Joe DeVivo (CEO), John Dardy (CFO), Megan Carlson (Chief Accounting Officer) [1] Core Points and Arguments Financial Updates - Butterfly Network issued warrants to select shareholders at $11.50, which are expiring, leading to potential confusion among investors [2][3] - The company anticipates no significant dilution for existing shareholders due to the expiration of these warrants [3] Product Development and Technology - Butterfly Network has been developing ultrasound technology since 2011, with significant advancements including the launch of the Poseidon family of ultrasound devices and the Compass AI software [4] - The company aims to democratize access to ultrasound technology, making it as ubiquitous as stethoscopes [5] - The devices are significantly cheaper than traditional ultrasound carts, costing about one-tenth of the price [6] - Butterfly has the largest installed base of point-of-care ultrasound devices globally, with 80% of medical schools teaching on Butterfly devices [6] Market Position and Strategy - The company is positioned to enhance the role of ultrasound in early diagnosis, complementing traditional radiology [5] - Butterfly's devices are being used in various challenging environments, including conflict zones and rural areas with limited access to medical imaging [6] - The company has launched AI-driven software to streamline the documentation process for ultrasound scans, improving efficiency for healthcare providers [14][15] Future Growth and Opportunities - Butterfly Network is expanding its technology platform to include third-party applications, allowing for a broader range of uses for its ultrasound devices [18][19] - The company is developing next-generation chips (Apollo series) that will significantly enhance processing power and enable AI capabilities directly on the device [41][43] - The market opportunity for point-of-care ultrasound is estimated at $2 billion, with additional opportunities in hospital ultrasound ($6.5 billion) and long-term care facilities ($1 billion) [30] Partnerships and Licensing - Butterfly Network is exploring co-development opportunities with various companies, leveraging its semiconductor technology for applications beyond ultrasound [51] - The company has signed a $74 million licensing deal with Midjourney, a GenAI company, to utilize its chip technology [36] Performance Metrics - The company reported a 17% year-over-year growth in the fourth quarter, following a 35% growth in the previous year [45] - Butterfly has a scalable supply chain capable of rapidly increasing production to meet market demand [46] Additional Important Insights - The company is focused on increasing access to medical imaging in underserved regions, with initiatives in Africa to help pregnant women determine the age of their child through ultrasound [49] - Butterfly Network is committed to innovation, with plans to introduce a new family of semiconductors that will enhance imaging quality and processing capabilities [34][39] - The company is transitioning from a traditional ultrasound provider to a comprehensive healthcare technology company, aiming to change how and where medical imaging is performed [48] This summary encapsulates the key points discussed during the Butterfly Network FY Conference, highlighting the company's strategic direction, technological advancements, and market opportunities.

Group 1 - Assertio (ASRT) is a stock that has gained about 14% year-to-date, outperforming the average gain of 7% in the Medical group [4] - Assertio is ranked 8 in the Zacks Sector Rank, which evaluates 932 companies within the Medical sector [2] - The Zacks Rank for Assertio is 1 (Strong Buy), indicating a positive earnings outlook with a 6.6% increase in the full-year earnings estimate over the past quarter [3] Group 2 - Assertio belongs to the Medical - Drugs industry, which has 141 stocks and is currently ranked 96 in the Zacks Industry Rank, with an average gain of 1.9% year-to-date [5] - Another outperforming stock in the Medical sector is Butterfly Network, Inc. (BFLY), which has returned 15.8% year-to-date and has a Zacks Rank of 2 (Buy) [4][5] - The Medical Info Systems industry, to which Butterfly Network belongs, has 42 stocks and is currently ranked 168, with a year-to-date gain of 2% [6]

Company Overview - Butterfly Network, Inc. announced preliminary results for Q4 2025 on January 12, 2026[4] - The company is listed on the New York Stock Exchange under the trading symbol BFLY[2] - The company has not indicated whether it is an emerging growth company[3] Financial Reporting - The press release detailing the financial results is incorporated as Exhibit 99.1[4] - The financial statements and exhibits are filed under Item 9.01[6]

Core Insights - Butterfly Network, Inc. anticipates a revenue growth of at least 17% year-over-year for the fourth quarter ending December 31, 2025 [1] - The company is entering 2026 with strong momentum in its handheld ultrasound business and plans to outline its growth strategy at the upcoming J.P. Morgan Healthcare Conference [2] Company Overview - Butterfly Network is a digital health company focused on transforming medical imaging through its proprietary Ultrasound-on-Chip™ technology and software solutions [3] - The company launched the first handheld, single-probe, whole-body ultrasound system, Butterfly iQ, in 2018, followed by the iQ+ in 2020 and the iQ3 in 2024, each improving in processing power and performance [3] - The iQ3 received the Best Medical Technology award at the 2024 Prix Galien USA Awards, highlighting its recognition in the healthcare sector [3] Business Strategy - Butterfly combines advanced hardware, intelligent software, AI, services, and education to promote the adoption of affordable imaging solutions [4] - The company aims to democratize healthcare by addressing global healthcare challenges through its cloud-based solutions, which enable care delivery anywhere [4] - Butterfly's devices are available to trained healthcare practitioners across various regions, including Africa, Asia, Europe, and the Americas [4]

Core Insights - Butterfly Network (BFLY) plans to launch its Beam Steering API in the first half of 2026, enabling third-party developers to access advanced imaging capabilities previously exclusive to BFLY's applications [1][6] - The API will enhance imaging AI tools and simplify image capture, utilizing software-based beam steering on a semiconductor chip [2][8] - Following the announcement, BFLY shares increased by 4.9%, marking a 115.9% rise over the past six months, while the industry saw a decline of 0.7% [3][6] Company Developments - The Beam Steering API will allow developers to leverage BFLY's 3D imaging capabilities, fostering innovation and expanding ultrasound applications across various healthcare settings [4][9] - BFLY's current market capitalization stands at $977.57 million [4] - The technology is based on a semiconductor chip with approximately 9,000 elements, allowing for software-controlled ultrasound beams and improved imaging precision [8] Industry Context - The AI in ultrasound imaging market is projected to reach $1.12 billion by 2025, with a CAGR of 8.45% through 2034, driven by the increasing recognition of AI benefits in diagnostics [10] - The demand for AI-assisted workflows is critical as portable ultrasound technology becomes more prevalent in diverse clinical environments [9]

Core Insights - Butterfly Network, Inc. is set to release its Beam Steering API aimed at enhancing third-party AI application and technology development within its Butterfly Garden and Ultrasound-on-Chip co-development programs [1] Group 1 - The Beam Steering API is expected to be launched in the first half of 2026 [1] - This new API will facilitate advanced development opportunities for third-party applications in the digital health sector [1] - The company focuses on transforming care through handheld, whole-body ultrasound technology and intuitive software [1]