BFLY Current Price $11.75 Price Target $20
Innovative tech has been killed since February but the core difference between most innovative tech and BFLY is BFLY is a profitable company only trading at 5xPE. This is very cheap when you consider the S&P is trading at 20 PE (which means BFLY is trading four times cheaper than the market). BFLY has created a handheld ultrasound that is significantly cheaper than a normal ultrasound machine. This product is going to be used by developing countries in the future.
Innovative tech has been killed since February but the core difference between most innovative tech and BFLY is BFLY is a profitable company only trading at 5xPE. This is very cheap when you consider the S&P is trading at 20 PE (which means BFLY is trading four times cheaper than the market). BFLY has created a handheld ultrasound that is significantly cheaper than a normal ultrasound machine. This product is going to be used by developing countries in the future.