FY2027 EPS Estimate for Spectral AI Boosted by Analyst

Key Points

• Northland Securities raised Spectral AI’s FY2027 EPS estimate to a loss of $0.34 per share from its prior estimate of a $0.44 loss, while maintaining a “Strong Buy” rating.
• Analyst sentiment is mixed but leans positive: Spectral AI has a consensus “Moderate Buy” rating and an average price target of $4.00, despite ratings ranging from Strong Buy to Sell.
• The stock opened at $1.56 and has gained 2.0%; in its latest quarter, Spectral AI reported a $0.13-per-share loss that beat expectations, though revenue of $3.52 million fell short of estimates.

Spectral AI, Inc. (NASDAQ:MDAI - Free Report) - Equities researchers at Northland Securities raised their FY2027 earnings estimates for shares of Spectral AI in a research note issued to investors on Tuesday, October 27th. Northland Securities analyst L. Horton now anticipates that the company will post earnings per share of ($0.34) for the year, up from their prior estimate of ($0.44). Northland Securities currently has a "Strong-Buy" rating on the stock. The consensus estimate for Spectral AI's current full-year earnings is ($0.50) per share.

Other research analysts also recently issued reports about the company. Weiss Ratings upgraded Spectral AI from a "sell (e+)" rating to a "sell (d-)" rating in a research note on Wednesday. Wall Street Zen upgraded Spectral AI from a "sell" rating to a "hold" rating in a research note on Saturday, September 12th. One analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating and one has assigned a Sell rating to the company's stock. According to MarketBeat.com, Spectral AI currently has a consensus rating of "Moderate Buy" and an average target price of $4.00.

Spectral AI Trading Up 2.0%

Shares of MDAI opened at $1.56 on Thursday. Spectral AI has a 12 month low of $1.18 and a 12 month high of $2.97. The stock has a fifty day moving average price of $1.59 and a 200-day moving average price of $1.70. The firm has a market cap of $50.22 million, a PE ratio of -4.46 and a beta of 1.21.

Spectral AI (NASDAQ:MDAI - Get Free Report) last posted its quarterly earnings data on Tuesday, August 11th. The company reported ($0.13) EPS for the quarter, topping the consensus estimate of ($0.14) by $0.01. The firm had revenue of $3.52 million for the quarter, compared to the consensus estimate of $4.17 million.

About Spectral AI

Spectral AI, Inc is a medical diagnostic technology company focused on using artificial intelligence and advanced imaging to support earlier, more objective assessment of wound healing. The company develops predictive diagnostic systems intended to help clinicians evaluate wounds and make treatment decisions.

Its principal product is the DeepView System, a noninvasive imaging and artificial intelligence platform designed to assess burn wounds and predict the likelihood that injured tissue will heal without surgical intervention.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.