Butterfly Network, Inc.
Here’s whether Butterfly Network, Inc. (BFLY) is worth buying in 2026 — based on weekly-updated price trend, RSI momentum, and return vs. the S&P 500. Our current read: Bullish.
Positives: trading above the 200-day MA (long-term uptrend intact); above the 50-day MA (medium-term momentum positive); 50-day MA is rising (+2.73% over 10 days); RSI 64 — healthy momentum range; strong 1-year return of +94.5%; 3-month momentum positive (+21.5%). Currently 20.1% off its 52-week high. Score: +7/7.
BFLY is in a confirmed uptrend, trading above both its 50-day ($4.55) and 200-day ($3.35) moving averages. An RSI of 63.8 sits in the neutral zone — momentum is neither stretched nor exhausted. The 1-year return of +94.5% compares to +24.4% for SPY (beat the market by 70.1%). The current 20.1% drawdown from the 52-week high reflects elevated risk for momentum-based strategies.