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Lake Street Keeps Their Buy Rating on Butterfly Network (BFLY)

Lake Street Keeps Their Buy Rating on Butterfly Network (BFLY)

Lake Street analyst Ben Haynor maintained a Buy rating on Butterfly Network today and set a price target of $4.00. The company’s shares closed last Friday at $1.40.

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Haynor covers the Healthcare sector, focusing on stocks such as Sensus Healthcare, Profound Medical, and Alphatec Holdings. According to TipRanks, Haynor has an average return of -18.4% and a 27.01% success rate on recommended stocks.

In addition to Lake Street, Butterfly Network also received a Buy from William Blair’s Andrew Brackmann in a report issued on August 1. However, on August 2, TR | OpenAI – 4o reiterated a Hold rating on Butterfly Network (NYSE: BFLY).

The company has a one-year high of $4.98 and a one-year low of $0.90. Currently, Butterfly Network has an average volume of 3.83M.

Based on the recent corporate insider activity of 31 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of BFLY in relation to earlier this year. Most recently, in May 2025, Heather Getz, the EVP, CFO & COO of BFLY sold 65,456.00 shares for a total of $144,003.20.

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