Professional
Added to YB: 2026-07-24
Pitch date: 2026-07-22
BFLY [neutral]
Butterfly Network, Inc.
+0.3%
current return
Author Info
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Company Info
Butterfly Network, Inc. develops, manufactures, and commercializes ultrasound imaging solutions in the United States and internationally.
Market Cap
$1.8B
Pitch Price
$6.60
Price Target
N/A
Dividend
N/A
EV/EBITDA
-35.27
P/E
-22.73
EV/Sales
16.19
Sector
Health Care Equipment and Supplies
Category
special_situation
Pernas Research Passes On: Butterfly Network, Inc.
BFLY (pass): $1.7B mkt cap, $6.82. Ultrasound-on-Chip healthcare tech co. 5-yr co-dev/license deal w/ Midjourney: $74M committed+milestone payments, plus chip sales/rev-share upside if imaging platform commercializes. Pass on caution around whole-body screening market—routine MRI screening may harm low-risk patients via incidental findings, anxiety, unnecessary testing. Midjourney needs strong clinical evidence & regulatory validation.
Read full article (1 min)