Bullish Case: Despite a bearish trend, BFLY's recent FDA approval and new ultrasound system launch hint at a potential turnaround [diagnosticimaging.com], especially if the upcoming earnings reflect the impact of these developments.


Bearish Case: Continuous stock depreciation [Helium][Helium][Helium][Helium][Helium], negative AI price forecast [Helium], and stagnating price action [Helium] signal ongoing investor skepticism and potential further declines.


Potential Outcomes: Earnings could beat expectations due to new product, but low correlation suggests AI forecasts may have less predictive power. Strategic partnership news could positively influence sentiment.


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February 23, 2024


Butterfly Network Forecast

[BFLY]  Butterfly Network
Price Forecast: BEARISH    Price Action: RANDOM (?)



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BFLY Balanced News:
















Correlated Stock Forecasts

Assets that tend to move strongly with BFLY



CRSR Forecast + Options Trading Strategies   [CRSR]  Corsair Gaming (0.88)


MPW Forecast + Options Trading Strategies   [MPW]  Medical Properties (0.88)


CRNC Forecast + Options Trading Strategies   [CRNC]  Cerence (0.87)


MLCO Forecast + Options Trading Strategies   [MLCO]  Melco Resorts & Entertainment (0.87)


QCLN Forecast + Options Trading Strategies   [QCLN]  First Trust Nasdaq Clean Edge Green Energy Index (0.87)



Uncorrelated Stock Forecasts

Assets with little price relationship to BFLY



DRV Forecast + Options Trading Strategies   [DRV]  Direxion Daily Real Estate Bear 3X Shares (0.0)


CRI Forecast + Options Trading Strategies   [CRI]  Carters (-0.0)


ZUMZ Forecast + Options Trading Strategies   [ZUMZ]  Zumiez (-0.0)


BBD Forecast + Options Trading Strategies   [BBD]  Banco Bradesco (0.0)


BL Forecast + Options Trading Strategies   [BL]  BlackLine (0.0)



Anticorrelated Stock Forecasts

Assets that tend to move strongly against BFLY



FRO Forecast + Options Trading Strategies   [FRO]  Frontline (-0.8)


AEO Forecast + Options Trading Strategies   [AEO]  American Eagle Outfitters (-0.8)


AMGN Forecast + Options Trading Strategies   [AMGN]  AMGEN (-0.81)


HRB Forecast + Options Trading Strategies   [HRB]  H&R Block (-0.82)


LRN Forecast + Options Trading Strategies   [LRN]  Stride (-0.83)


BFLY News over Time





Click points to explore news by date. News sentiment ranges from -10 (very negative) to +10 (very positive) where 0 is neutral.

Most Recent BFLY News






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