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Butterfly Network ( (BFLY) ) has provided an update.
On October 9, 2025, Butterfly Network announced the appointment of John Doherty as Executive Vice President and Chief Financial Officer, effective December 8, 2025. Doherty brings over 25 years of financial leadership experience, having previously held significant roles at Kaltura, Magic Leap, and Verizon Communications. His expertise in financial strategy and transformative transactions is expected to support Butterfly’s growth and shareholder value. Megan Carlson, the Interim CFO, will resume her role as Chief Accounting Officer. This leadership change is part of Butterfly’s strategic efforts to strengthen its financial operations and continue its momentum in the digital health sector.
The most recent analyst rating on (BFLY) stock is a Hold with a $3.00 price target. To see the full list of analyst forecasts on Butterfly Network stock, see the BFLY Stock Forecast page.
Spark’s Take on BFLY Stock
According to Spark, TipRanks’ AI Analyst, BFLY is a Neutral.
Butterfly Network’s stock score reflects strong technical momentum and strategic advancements in AI and international markets, countered by financial challenges and valuation concerns. The company’s ability to navigate macroeconomic uncertainties will be crucial for future performance.
To see Spark’s full report on BFLY stock, click here.
More about Butterfly Network
Butterfly Network, Inc. (NYSE: BFLY) is a healthcare company revolutionizing medical imaging with its proprietary Ultrasound-on-Chip™ technology and software solutions. The company launched the world’s first handheld, single-probe, whole-body ultrasound system, Butterfly iQ, in 2018, followed by the iQ+ in 2020 and the iQ3 in 2024. Butterfly’s innovations aim to democratize healthcare by providing affordable, accessible imaging solutions globally.
Average Trading Volume: 4,666,131
Technical Sentiment Signal: Buy
Current Market Cap: $629.4M
For a thorough assessment of BFLY stock, go to TipRanks’ Stock Analysis page.