Butterfly Network (BFLY) Q2 2026 earnings — TrendMatrix coverage

Adjusted EPS

-$0.01

Estimate

-$0.04

Surprise

+72.7%

Revenue (period 2026-06-30)

$32.6M

Score at report (before → after)

4.9 → 5.0/10

Revenue source: xbrl.

Butterfly Network (BFLY) reported a narrower loss than forecast — adjusted EPS of -$0.01 against the -$0.04 estimate (a 72.7% beat on a still-unprofitable quarter). TrendMatrix's engine moved from Sell (4.9/10) to Hold at 5.0/10 after the report.

TrendMatrix currently rates BFLY Hold at 5.8/10.

4 of the last 4 quarters beat the estimate; this quarter's +72.7% surprise compares with a +45.6% four-quarter average. Next scheduled report: 2026-10-30.

This section and the ones below it reflect TrendMatrix’s latest engine read — they update after the report date and are not frozen to it.

Current price

$8.70

Price target

$9.92

Stop

$8.09

Upside to target

+14.0%

Reward-to-risk

0.9:1

Model outputs from TrendMatrix’s engine as of 2026-10-07 — shown for context, not personalized investment advice.

Healthcare earnings trade on pipeline and payer dynamics as much as the quarter itself; a beat or miss is weighed against trial and reimbursement news.

Industry

Medical Devices

Market cap

$2.32B

P/E (fwd)

-153.5

52-week range

$1.90–$10.21

Off 52-week high

14.8%

RSI (14)

62

Volume vs avg

1.57×

Score today

5.8/10