Butterfly Network Guides FY26 Revenue Above Estimates, Cowen Lifts Target to $6
Butterfly Network reported nine beats in the last ten quarters for both EPS and revenue and guided fiscal 2026 revenue to $117 million–$121 million, surpassing the $106.5 million consensus. TD Cowen raised its price target from $4.50 to $6 and maintained a Buy, reflecting growing investor interest.
1. Stock Whisper Index Inclusion
Butterfly Network was featured in the weekly Stock Whisper Index for the week ending March 6 alongside four other under-followed names, highlighting a surge in investor scrutiny after consistent financial outperformance.
2. Q4 Earnings and FY26 Guidance
The digital health company beat analyst estimates for both revenue and EPS in the fourth quarter, marking nine wins in the last ten quarters for each metric. It issued fiscal 2026 revenue guidance of $117 million to $121 million, well above the $106.5 million consensus.
3. TD Cowen Price Target Increase
TD Cowen raised its price target on Butterfly Network shares from $4.50 to $6 and reiterated a Buy rating, signaling confidence that continued quarterly beats and robust guidance could drive the stock higher.