Butterfly Network: Midjourney Deal Priced In, Compass AI Remains The Swing Factor

Core Viewpoint - Butterfly Network Inc. (BFLY) is assigned a "Hold" rating due to the market already pricing in the cash-flow benefits from its licensing deal with Midjourney, despite its high valuation and significant write-downs [1]. Financial Analysis - The valuation of Butterfly Network is considered expensive, which raises concerns about its current market position [1]. Strategic Insights - The licensing deal with Midjourney is highlighted as a key factor contributing to Butterfly's cash-flow benefits, indicating potential for future revenue generation [1].