Butterfly Network Inc. Warrant (BFLY.WS) Attracts Buy Rating Amid Bullish Fund Positioning

quiet_lurker · 2026-01-04T15:36:15+00:00

Institutional investors have increased their confidence in Butterfly Network's equity warrants, evidenced by an 18.75% rise in fund ownership. Analysts project positive near-term growth for the warrants, with a potential price rise of 23.40%. Monitoring ongoing institutional interest will be vital for investors.

quiet_lurker

2026-01-04 15:36:15

Abstract generation in progress

Institutional Interest Surges in Recent Quarter

Institutional investors have shown renewed confidence in Butterfly Network, Inc. - Equity Warrant, with fund ownership reaching a notable inflection point. Data reveals that 19 funds and institutions now maintain positions in BFLY.WS, reflecting an 18.75% quarter-over-quarter increase in the number of shareholders. This uptick signals growing institutional appetite despite a modest 1.14% decline in total shares held to 6,744K shares.

Among major stakeholders, LMR Partners LLP anchors the position with 3,273K shares, while Glenview Capital Management maintains 1,713K shares. Deerfield Management Company and D. E. Shaw round out the heavyweight holders with 733K and 723K shares respectively. Most notably, HBW Advisory Services initiated a position with 101K shares, doubling its prior stake from zero holdings—a clear indication of fresh institutional confidence.

Analyst Consensus Points to Significant Upside Potential

Freedom Capital Markets recently began tracking Butterfly Network’s warrant with a Buy recommendation, signaling optimism in the equity’s near-term trajectory. The research consensus for BFLY.WS establishes a one-year price target of $0.02/share, with forecasts spanning from $0.02 to $0.03. These projections indicate a potential upside of 23.40% from current trading levels at $0.02 per share.

The analyst community’s average portfolio weighting for BFLY.WS across institutional funds stands at 0.00%, though notably surged 43.34% in asset allocation emphasis. Projected annual non-GAAP earnings per share come in at -0.25, reflecting typical warrant dynamics where valuation depends more on underlying asset movement than traditional profitability metrics.

What This Means for Butterfly Network Warrant Investors

The convergence of rising institutional participation and positive analyst sentiment creates a compelling narrative for BFLY.WS. The combination of fresh fund entry, maintained large positions, and buy-rated coverage suggests that market participants see value in the current pricing. However, investors should monitor whether institutional ownership trends continue to accelerate, as this will be crucial for sustaining upward momentum toward the consensus price targets.

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.