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NASDAQ:MDAI

Spectral AI (MDAI) Stock Price, News & Analysis

Spectral AI logo
$2.03 -0.07 (-3.33%)
(As of 01:00 PM ET)

About Spectral AI Stock (NASDAQ:MDAI)

Key Stats

Today's Range
$1.98
$2.10
50-Day Range
$1.06
$2.20
52-Week Range
$0.82
$3.72
Volume
487,726 shs
Average Volume
1.17 million shs
Market Capitalization
$37.73 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$4.50
Consensus Rating
Buy

Company Overview

Spectral AI, Inc., an artificial intelligence (AI) company, focuses on developing predictive medical diagnostics in the United States. The company develops medical diagnostics for faster and accurate treatment decisions in wound care with applications involving patients with burns and diabetic foot ulcers. Its products include DeepView System, a predictive analytics platform integrated with the predictive AI-Burn, which combines AI algorithms and multispectral imaging (MSI) imaging for an assessment of wound healing potential and offers clinicians an objective and immediate assessment of a wound's healing potential prior to treatment or other medical intervention; and DeepView SnapShot M, a handheld, portable, and wireless diagnostic tool, that provides a potential enhanced and expanded use for the government and emergency care, first responders, and potentially home health care professionals. The company is headquartered in Dallas, Texas.

Spectral AI Stock Analysis - MarketRank™

See Top Rated MarketRank™ Stocks
52nd Percentile Overall Score

MDAI MarketRank™: 

Spectral AI scored higher than 52% of companies evaluated by MarketBeat, and ranked 541st out of 945 stocks in the medical sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Consensus Rating

    Spectral AI has received a consensus rating of Buy. The company's average rating score is 3.25, and is based on 3 buy ratings, no hold ratings, and no sell ratings.

  • Amount of Analyst Coverage

    Spectral AI has received no research coverage in the past 90 days.

  • Read more about Spectral AI's stock forecast and price target.
  • Earnings Growth

    Earnings for Spectral AI are expected to decrease in the coming year, from ($0.48) to ($0.55) per share.

  • Price to Earnings Ratio vs. the Market

    The P/E ratio of Spectral AI is -3.12, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of Spectral AI is -3.12, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

  • Percentage of Shares Shorted

    34.09% of the float of Spectral AI has been sold short.
  • Short Interest Ratio / Days to Cover

    Spectral AI has a short interest ratio ("days to cover") of 1.7, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in Spectral AI has recently increased by 275.73%, indicating that investor sentiment is decreasing significantly.
  • Dividend Yield

    Spectral AI does not currently pay a dividend.

  • Dividend Growth

    Spectral AI does not have a long track record of dividend growth.

  • Percentage of Shares Shorted

    34.09% of the float of Spectral AI has been sold short.
  • Short Interest Ratio / Days to Cover

    Spectral AI has a short interest ratio ("days to cover") of 1.7, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in Spectral AI has recently increased by 275.73%, indicating that investor sentiment is decreasing significantly.
  • News Sentiment

    Spectral AI has a news sentiment score of 0.24. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.56 average news sentiment score of Medical companies.
  • News Coverage This Week

    MarketBeat has tracked 3 news articles for Spectral AI this week, compared to 2 articles on an average week.
  • Search Interest

    10 people have searched for MDAI on MarketBeat in the last 30 days. This is an increase of 67% compared to the previous 30 days.
  • Insider Buying vs. Insider Selling

    In the past three months, Spectral AI insiders have not sold or bought any company stock.

  • Percentage Held by Insiders

    56.73% of the stock of Spectral AI is held by insiders. A high percentage of insider ownership can be a sign of company health.

  • Percentage Held by Institutions

    67.08% of the stock of Spectral AI is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

  • Read more about Spectral AI's insider trading history.
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MDAI Stock News Headlines

Spectral AI announces confirmation of compliance of Nasdaq listing requirements
Spectral AI Receives Favorable News from NASDAQ
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MDAI Stock Analysis - Frequently Asked Questions

Spectral AI's stock was trading at $2.46 at the beginning of 2024. Since then, MDAI stock has decreased by 17.5% and is now trading at $2.03.
View the best growth stocks for 2024 here
.

Spectral AI, Inc. (NASDAQ:MDAI) announced its quarterly earnings results on Monday, August, 12th. The company reported ($0.16) EPS for the quarter, missing analysts' consensus estimates of ($0.14) by $0.02. The business had revenue of $7.48 million for the quarter, compared to analysts' expectations of $6 million.

Shares of MDAI stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

Based on aggregate information from My MarketBeat watchlists, some other companies that Spectral AI investors own include Advanced Micro Devices (AMD), Meta Platforms (META), NVIDIA (NVDA), Oracle (ORCL), CRISPR Therapeutics (CRSP), Intel (INTC) and Snowflake (SNOW).

Company Calendar

Last Earnings
8/12/2024
Today
12/24/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Sector
Medical
Industry
Surgical & medical instruments
Sub-Industry
Medical Equipment
Current Symbol
NASDAQ:MDAI
Fax
N/A
Employees
78
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$4.50
High Stock Price Target
$6.00
Low Stock Price Target
$3.50
Potential Upside/Downside
+114.3%
Consensus Rating
Buy
Rating Score (0-4)
3.25
Research Coverage
4 Analysts

Profitability

Net Income
$-20,850,000.00
Pretax Margin
-40.39%

Debt

Sales & Book Value

Annual Sales
$27.26 million
Book Value
($0.10) per share

Miscellaneous

Free Float
8,043,000
Market Cap
$39.03 million
Optionable
Not Optionable
Beta
0.64
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This page (NASDAQ:MDAI) was last updated on 12/24/2024 by MarketBeat.com Staff
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