Group 1 - Butterfly Network, Inc. (NYSE:BFLY) has received positive ratings from analysts, with Craig-Hallum raising the price target to $5.25 from $3.25 and maintaining a Buy rating, while Lake Street raised its target to $5.50 from $4, also reiterating a Buy rating [1][2] - The company reported a year-over-year revenue growth of at least 17% for Q4, amounting to $26.2 million, surpassing the Street's estimate of $25.7 million, with a full-year revenue of $92.3 million [1][3] - The growth is primarily attributed to the core business, with some revenue in Q4 coming from a partnership with Midjourney [1] Group 2 - Butterfly Network specializes in digital health, focusing on transforming care through software and semiconductor-based ultrasound technology, with two portable ultrasound devices available: Butterfly iQ3 and Butterfly iQ+ [4] - The company's Ultrasound-on-Chip technology enables whole-body imaging using a single handheld probe, showcasing innovation in the ultrasound market [4]
What Does the Street Think About Butterfly Network (BFLY)?