<p>儘管已經有了強勁的表現，<strong>Butterfly Network, Inc.</strong>（紐約證券交易所代碼：BFLY）的股票仍在繼續上漲，過去三十天上漲了 28%。從更廣泛的角度來看，儘管不如上個月強勁，但全年 14% 的漲幅也相當合理。</p>
<p>在經歷如此大幅的價格跳升後，考慮到美國醫療設備行業中約一半的公司市銷率（或稱&#34;P/S&#34;）低於 3.1 倍，你可能會考慮完全避免投資 Butterfly Network，因為其市銷率為 11.3 倍。然而，市銷率可能因某種原因而較高，需要進一步調查以確定其合理性。</p>
<p>人工智能即將改變醫療保健。這 20 只股票正在從早期診斷到藥物發現等各個方面進行工作。最棒的是——它們的市值都在 100 億美元以下——現在仍然有機會提前佈局。</p>
<p>查看我們對 Butterfly Network 的最新分析</p>
<p><img src="https://imageproxy.pbkrs.com/https://images.simplywall.st/asset/chart/275830634-ps-multiple-vs-industry-1-dark-2/1766748039523?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" alt="" original-src="https://imageproxy.pbkrs.com/https://images.simplywall.st/asset/chart/275830634-ps-multiple-vs-industry-1-dark-2/1766748039523"/></p>
<p>2025 年 12 月 26 日 NYSE:BFLY 市銷率與行業對比</p>
<h3>Butterfly Network 最近的表現如何？</h3>
<p>最近一段時間對 Butterfly Network 來説是有利的，因為其收入增長速度超過了大多數其他公司。市場似乎預期這種趨勢將持續下去，因此市銷率較高。然而，如果情況並非如此，投資者可能會因支付過高的價格而受到損失。</p>
<p>想要了解分析師對公司的完整預期嗎？那麼我們 <strong>免費的</strong>Butterfly Network 報告將幫助你揭示未來的趨勢。</p>
<h2>收入增長指標告訴我們關於高市銷率的什麼？</h2>
<p>為了證明其市銷率的合理性，Butterfly Network 需要實現遠超行業的卓越增長。</p>
<p>回顧過去一年，公司實現了 16% 的卓越收入增長。與三年前相比，收入總計也增長了 21%，這主要得益於過去 12 個月的增長。因此，我們可以確認公司在這段時間內確實在收入增長方面做得很好。</p>
<p>展望未來，四位分析師預計明年將實現 21% 的增長。與此同時，行業其他公司預計將擴展 50%，這顯然更具吸引力。</p>
<p>根據這些信息，我們發現 Butterfly Network 的市銷率高於行業水平令人擔憂。顯然，許多投資者對該公司的看法遠比分析師所表明的樂觀，並且不願意以任何價格出售他們的股票。如果市銷率回落到與增長預期更一致的水平，這些股東很可能會面臨未來的失望。</p>
<h2>關鍵要點</h2>
<p>最近，Butterfly Network 的股票經歷了強勁的上漲，這確實幫助提升了其市銷率。通常情況下，我們會警惕在做出投資決策時過度解讀市銷率，儘管它可以揭示其他市場參與者對公司的看法。</p>
<p>看到 Butterfly Network 以如此高的市銷率交易令人驚訝，因為收入預測看起來並不樂觀。當我們看到收入前景疲軟時，我們懷疑股價面臨更大的下跌風險，從而拉低市銷率。在這些價格水平下，投資者應保持謹慎，特別是如果情況沒有改善。</p>
<p>在你形成看法之前，我們發現了 <strong>Butterfly Network 的 3 個警告信號</strong>（其中 1 個讓我們感到不安！）你應該注意。</p>
<p>重要的是要 <strong>確保你尋找的是一家優秀的公司，而不僅僅是你遇到的第一個想法。</strong> 因此，如果持續盈利能力符合你對優秀公司的定義，請查看這個 <strong>免費的</strong> 有趣公司名單，這些公司最近的盈利增長強勁（且市盈率較低）。</p>
<p>國防和災難的移動基礎設施</p>
<p>下一波機器人技術不是人形的。它是完全自主的塔，在 30 分鐘內提供 5G、ISR 和雷達，隨時隨地。</p>
<p>在下一輪合同之前獲取投資者簡報</p>
<p>由 CiTech 贊助</p>

BFLY

<p>Butterfly Network, Inc. (NYSE:BFLY) 的股票在過去一個月上漲了 28%，引發了人們對其高達 11.3 倍的市銷率（P/S ratio）的擔憂，而行業平均水平低於 3.1 倍。儘管收入增長強勁，分析師預測其增長速度將低於行業水平，這暗示了對投資者的潛在風險。建議保持謹慎，因為該股票的高估值可能與未來的收入預期不符</p>

<p>Despite an already strong run, <strong>Butterfly Network, Inc.</strong> (NYSE:BFLY) shares have been powering on, with a gain of 28% in the last thirty days. Taking a wider view, although not as strong as the last month, the full year gain of 14% is also fairly reasonable.</p>
<div class="lb-trans"><p>儘管已經有了強勁的表現，<strong>Butterfly Network, Inc.</strong>（紐約證券交易所代碼：BFLY）的股票仍在繼續上漲，過去三十天上漲了 28%。從更廣泛的角度來看，儘管不如上個月強勁，但全年 14% 的漲幅也相當合理。</p>
</div><p>After such a large jump in price, given around half the companies in the United States' Medical Equipment industry have price-to-sales ratios (or &#34;P/S&#34;) below 3.1x, you may consider Butterfly Network as a stock to avoid entirely with its 11.3x P/S ratio. However, the P/S might be quite high for a reason and it requires further investigation to determine if it's justified.</p>
<div class="lb-trans"><p>在經歷如此大幅的價格跳升後，考慮到美國醫療設備行業中約一半的公司市銷率（或稱&#34;P/S&#34;）低於 3.1 倍，你可能會考慮完全避免投資 Butterfly Network，因為其市銷率為 11.3 倍。然而，市銷率可能因某種原因而較高，需要進一步調查以確定其合理性。</p>
</div><p>AI is about to change healthcare. These 20 stocks are working on everything from early diagnostics to drug discovery. The best part - they are all under $10bn in marketcap - there is still time to get in early.</p>
<div class="lb-trans"><p>人工智能即將改變醫療保健。這 20 只股票正在從早期診斷到藥物發現等各個方面進行工作。最棒的是——它們的市值都在 100 億美元以下——現在仍然有機會提前佈局。</p>
</div><p>Check out our latest analysis for Butterfly Network</p>
<div class="lb-trans"><p>查看我們對 Butterfly Network 的最新分析</p>
</div><p><img src="https://imageproxy.pbkrs.com/https://images.simplywall.st/asset/chart/275830634-ps-multiple-vs-industry-1-dark-2/1766748039523" alt="" original-src="https://images.simplywall.st/asset/chart/275830634-ps-multiple-vs-industry-1-dark-2/1766748039523"/></p>
<p>NYSE:BFLY Price to Sales Ratio vs Industry December 26th 2025</p>
<div class="lb-trans"><p>2025 年 12 月 26 日 NYSE:BFLY 市銷率與行業對比</p>
</div><h3>What Does Butterfly Network's Recent Performance Look Like?</h3>
<div class="lb-trans"><h3>Butterfly Network 最近的表現如何？</h3>
</div><p>Recent times have been advantageous for Butterfly Network as its revenues have been rising faster than most other companies. It seems the market expects this form will continue into the future, hence the elevated P/S ratio. However, if this isn't the case, investors might get caught out paying too much for the stock.</p>
<div class="lb-trans"><p>最近一段時間對 Butterfly Network 來説是有利的，因為其收入增長速度超過了大多數其他公司。市場似乎預期這種趨勢將持續下去，因此市銷率較高。然而，如果情況並非如此，投資者可能會因支付過高的價格而受到損失。</p>
</div><p>Want the full picture on analyst estimates for the company? Then our <strong>free</strong> report on Butterfly Network will help you uncover what's on the horizon.</p>
<div class="lb-trans"><p>想要了解分析師對公司的完整預期嗎？那麼我們 <strong>免費的</strong>Butterfly Network 報告將幫助你揭示未來的趨勢。</p>
</div><h2>What Are Revenue Growth Metrics Telling Us About The High P/S?</h2>
<div class="lb-trans"><h2>收入增長指標告訴我們關於高市銷率的什麼？</h2>
</div><p>In order to justify its P/S ratio, Butterfly Network would need to produce outstanding growth that's well in excess of the industry.</p>
<div class="lb-trans"><p>為了證明其市銷率的合理性，Butterfly Network 需要實現遠超行業的卓越增長。</p>
</div><p>Retrospectively, the last year delivered an exceptional 16% gain to the company's top line. Revenue has also lifted 21% in aggregate from three years ago, mostly thanks to the last 12 months of growth. So we can start by confirming that the company has actually done a good job of growing revenue over that time.</p>
<div class="lb-trans"><p>回顧過去一年，公司實現了 16% 的卓越收入增長。與三年前相比，收入總計也增長了 21%，這主要得益於過去 12 個月的增長。因此，我們可以確認公司在這段時間內確實在收入增長方面做得很好。</p>
</div><p>Turning to the outlook, the next year should generate growth of 21% as estimated by the four analysts watching the company. Meanwhile, the rest of the industry is forecast to expand by 50%, which is noticeably more attractive.</p>
<div class="lb-trans"><p>展望未來，四位分析師預計明年將實現 21% 的增長。與此同時，行業其他公司預計將擴展 50%，這顯然更具吸引力。</p>
</div><p>With this information, we find it concerning that Butterfly Network is trading at a P/S higher than the industry. Apparently many investors in the company are way more bullish than analysts indicate and aren't willing to let go of their stock at any price. There's a good chance these shareholders are setting themselves up for future disappointment if the P/S falls to levels more in line with the growth outlook.</p>
<div class="lb-trans"><p>根據這些信息，我們發現 Butterfly Network 的市銷率高於行業水平令人擔憂。顯然，許多投資者對該公司的看法遠比分析師所表明的樂觀，並且不願意以任何價格出售他們的股票。如果市銷率回落到與增長預期更一致的水平，這些股東很可能會面臨未來的失望。</p>
</div><h2>The Key Takeaway</h2>
<div class="lb-trans"><h2>關鍵要點</h2>
</div><p>Shares in Butterfly Network have seen a strong upwards swing lately, which has really helped boost its P/S figure. Typically, we'd caution against reading too much into price-to-sales ratios when settling on investment decisions, though it can reveal plenty about what other market participants think about the company.</p>
<div class="lb-trans"><p>最近，Butterfly Network 的股票經歷了強勁的上漲，這確實幫助提升了其市銷率。通常情況下，我們會警惕在做出投資決策時過度解讀市銷率，儘管它可以揭示其他市場參與者對公司的看法。</p>
</div><p>It comes as a surprise to see Butterfly Network trade at such a high P/S given the revenue forecasts look less than stellar. When we see a weak revenue outlook, we suspect the share price faces a much greater risk of declining, bringing back down the P/S figures. At these price levels, investors should remain cautious, particularly if things don't improve.</p>
<div class="lb-trans"><p>看到 Butterfly Network 以如此高的市銷率交易令人驚訝，因為收入預測看起來並不樂觀。當我們看到收入前景疲軟時，我們懷疑股價面臨更大的下跌風險，從而拉低市銷率。在這些價格水平下，投資者應保持謹慎，特別是如果情況沒有改善。</p>
</div><p>Before you settle on your opinion, we've discovered <strong>3 warning signs for Butterfly Network</strong> (1 doesn't sit too well with us!) that you should be aware of.</p>
<div class="lb-trans"><p>在你形成看法之前，我們發現了 <strong>Butterfly Network 的 3 個警告信號</strong>（其中 1 個讓我們感到不安！）你應該注意。</p>
</div><p>It's important to <strong>make sure you look for a great company, not just the first idea you come across.</strong> So if growing profitability aligns with your idea of a great company, take a peek at this <strong>free</strong> list of interesting companies with strong recent earnings growth (and a low P/E).</p>
<div class="lb-trans"><p>重要的是要 <strong>確保你尋找的是一家優秀的公司，而不僅僅是你遇到的第一個想法。</strong> 因此，如果持續盈利能力符合你對優秀公司的定義，請查看這個 <strong>免費的</strong> 有趣公司名單，這些公司最近的盈利增長強勁（且市盈率較低）。</p>
</div><p>Mobile Infrastructure for Defense and Disaster</p>
<div class="lb-trans"><p>國防和災難的移動基礎設施</p>
</div><p>The next wave in robotics isn't humanoid. Its fully autonomous towers delivering 5G, ISR, and radar in under 30 minutes, anywhere.</p>
<div class="lb-trans"><p>下一波機器人技術不是人形的。它是完全自主的塔，在 30 分鐘內提供 5G、ISR 和雷達，隨時隨地。</p>
</div><p>Get the investor briefing before the next round of contracts</p>
<div class="lb-trans"><p>在下一輪合同之前獲取投資者簡報</p>
</div><p>Sponsored On Behalf of CiTech</p>
<div class="lb-trans"><p>由 CiTech 贊助</p>
</div>

Butterfly Network, Inc. (NYSE:BFLY) 的股票上漲了 28%，因為投資者的悲觀情緒沒有預期的那麼嚴重