NASDAQ:MDAI

Spectral AI (MDAI) Stock Price, News & Analysis

$1.73
+0.01 (+0.58%)
(As of 05/8/2024 ET)
Today's Range
$1.62
$1.74
50-Day Range
$1.72
$2.83
52-Week Range
$1.62
$19.50
Volume
261,854 shs
Average Volume
1.62 million shs
Market Capitalization
$30.22 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$4.00

Spectral AI MarketRank™ Stock Analysis

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
131.2% Upside
$4.00 Price Target
Short Interest
Healthy
1.90% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
0.20mentions of Spectral AI in the last 14 days
Based on 5 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
N/A

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

4.18 out of 5 stars

Medical Sector

141st out of 905 stocks

Surgical & Medical Instruments Industry

21st out of 95 stocks

MDAI stock logo

About Spectral AI Stock (NASDAQ:MDAI)

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.

MDAI Stock Price History

MDAI Stock News Headlines

The new financial threat that could wipe out millions…
During the Internet boom, companies like Pets.com were supposed to be promising investments riding the wave of a new tech boom. But then they were gone within a blink of an eye. One of the most successful investors in history just stepped forward to say the same thing is about to happen to AI stocks.
Spectral AI (MDAI) Set to Announce Earnings on Tuesday
The new financial threat that could wipe out millions…
During the Internet boom, companies like Pets.com were supposed to be promising investments riding the wave of a new tech boom. But then they were gone within a blink of an eye. One of the most successful investors in history just stepped forward to say the same thing is about to happen to AI stocks.
Spectral AI, Inc. (MDAI)
Spectral AI appoints Erich Spangenberg as CEO of Spectral IP
Spectral AI secures $1M investment in AI IP subsidiary
See More Headlines
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Company Calendar

Last Earnings
3/29/2024
Today
5/08/2024
Next Earnings (Estimated)
8/06/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

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

Price Target and Rating

Average Stock Price Target
$4.00
High Stock Price Target
$4.00
Low Stock Price Target
$4.00
Potential Upside/Downside
+138.1%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
1 Analysts

Profitability

Net Income
$-20,850,000.00
Pretax Margin
-115.43%

Debt

Sales & Book Value

Annual Sales
$18.06 million
Book Value
($0.10) per share

Miscellaneous

Free Float
7,558,000
Market Cap
$29.35 million
Optionable
Not Optionable
Beta
0.61
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Key Executives

  • Mr. Wensheng Fan (Age 54)
    Co-Founder, Chief Innovation Strategist & Senior Advisor to the CEO
    Comp: $978.63k
  • Mr. Vincent Stanley Capone (Age 57)
    CFO, General Counsel & Corporate Secretary
    Comp: $430.87k
  • Ms. Christine Marks
    Vice President of Marketing & Commercialization
  • Mr. Peter Martin Carlson CPA (Age 60)
    CEO & Director
  • Mr. Stan Micek
    Interim Chief Operating Officer
  • Dr. Jeffrey Thatcher Ph.D. (Age 40)
    Chief Scientist
    Comp: $259.72k
  • Dr. Jeffrey E. Carter F.A.C.S.
    M.D., Chief Medical Consultant
  • Mr. Erich L. Spangenberg (Age 62)
    CEO of its Health care & Director
    Comp: $37.02k
  • Prof. Paul Chadwick
    Executive Vice President of UK & EMEA
  • Mr. Jeremiah A. Sparks MBA
    Chief Commercialization Officer

MDAI Stock Analysis - Frequently Asked Questions

Should I buy or sell Spectral AI stock right now?

1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Spectral AI in the last twelve months. There are currently 1 buy rating for the stock. The consensus among Wall Street analysts is that investors should "buy" MDAI shares.
View MDAI analyst ratings
or view top-rated stocks.

What is Spectral AI's stock price target for 2024?

1 analysts have issued 1-year price targets for Spectral AI's stock. Their MDAI share price targets range from $4.00 to $4.00. On average, they anticipate the company's stock price to reach $4.00 in the next twelve months. This suggests a possible upside of 131.2% from the stock's current price.
View analysts price targets for MDAI
or view top-rated stocks among Wall Street analysts.

How have MDAI shares performed in 2024?

Spectral AI's stock was trading at $2.46 at the beginning of the year. Since then, MDAI stock has decreased by 29.7% and is now trading at $1.73.
View the best growth stocks for 2024 here
.

Are investors shorting Spectral AI?

Spectral AI saw a decrease in short interest during the month of April. As of April 15th, there was short interest totaling 155,700 shares, a decrease of 19.0% from the March 31st total of 192,200 shares. Based on an average daily volume of 1,720,000 shares, the short-interest ratio is currently 0.1 days. Approximately 1.9% of the shares of the stock are sold short.
View Spectral AI's Short Interest
.

When is Spectral AI's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Tuesday, August 6th 2024.
View our MDAI earnings forecast
.

How were Spectral AI's earnings last quarter?

Spectral AI, Inc. (NASDAQ:MDAI) posted its earnings results on Friday, March, 29th. The company reported ($0.22) EPS for the quarter. The firm had revenue of $5.29 million for the quarter.

What guidance has Spectral AI issued on next quarter's earnings?

Spectral AI issued an update on its FY 2024 earnings guidance on Friday, April, 19th. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $28.0 million-$28.0 million, compared to the consensus revenue estimate of $28.1 million.

Who are Spectral AI's major shareholders?

Spectral AI's stock is owned by a variety of institutional and retail investors. Top institutional shareholders include University of Texas Texas AM Investment Managment Co. (1.20%).
View institutional ownership trends
.

How do I buy shares of Spectral AI?

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.

This page (NASDAQ:MDAI) was last updated on 5/8/2024 by MarketBeat.com Staff

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