Spectral AI FY2026 EPS Forecast Raised by Zacks Research

Key Points

• Zacks Research raised Spectral AI’s FY2026 EPS forecast to a loss of $0.53 per share from $0.56 previously, compared with the $0.52 consensus estimate. The firm also projects a $0.29-per-share loss for FY2028.
• Spectral AI’s latest quarterly results beat expectations on earnings, reporting a $0.13-per-share loss versus the anticipated $0.14 loss, but revenue of $3.52 million fell short of the $4.17 million consensus.
• Analyst sentiment is generally positive, with a consensus “Moderate Buy” rating and a $4.00 target price. The stock opened at $1.62, while institutional investors own 67.08% of outstanding shares.

Spectral AI, Inc. (NASDAQ:MDAI - Free Report) - Stock analysts at Zacks Research boosted their FY2026 EPS estimates for shares of Spectral AI in a research report issued to clients and investors on Thursday, August 13th. Zacks Research analyst J. Vandermosten now expects that the company will post earnings of ($0.53) per share for the year, up from their previous forecast of ($0.56). The consensus estimate for Spectral AI's current full-year earnings is ($0.52) per share. Zacks Research also issued estimates for Spectral AI's FY2028 earnings at ($0.29) EPS.

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

Several other equities analysts have also issued reports on MDAI. Wall Street Zen raised shares of Spectral AI from a "sell" rating to a "hold" rating in a report on Saturday, August 15th. Northland Securities upgraded Spectral AI to a "strong-buy" rating in a report on Monday, July 27th. Weiss Ratings raised Spectral AI from a "sell (e+)" rating to a "sell (d-)" rating in a research report on Monday, June 29th. Finally, BTIG Research lifted their price target on Spectral AI from $3.00 to $4.00 and gave the company a "buy" rating in a report on Tuesday, May 26th. One investment analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, Spectral AI currently has a consensus rating of "Moderate Buy" and a consensus target price of $4.00.

Spectral AI Price Performance

MDAI stock opened at $1.62 on Thursday. Spectral AI has a 1-year low of $1.18 and a 1-year high of $2.97. The business has a 50-day moving average price of $1.70 and a 200 day moving average price of $1.74. The company has a market capitalization of $51.55 million, a P/E ratio of -4.63 and a beta of 1.18.

Institutional Trading of Spectral AI

Several large investors have recently added to or reduced their stakes in MDAI. Raymond James Financial Inc. lifted its holdings in shares of Spectral AI by 1,180.0% during the third quarter. Raymond James Financial Inc. now owns 12,800 shares of the company's stock worth $29,000 after purchasing an additional 11,800 shares during the period. Jane Street Group LLC acquired a new stake in Spectral AI during the 2nd quarter valued at approximately $74,000. Virtu Financial LLC acquired a new stake in Spectral AI during the 4th quarter valued at approximately $75,000. Marshall Wace LLP purchased a new stake in shares of Spectral AI in the 2nd quarter valued at $104,000. Finally, State Street Corp boosted its holdings in shares of Spectral AI by 90.9% in the 4th quarter. State Street Corp now owns 75,600 shares of the company's stock valued at $107,000 after acquiring an additional 36,000 shares during the last quarter. Hedge funds and other institutional investors own 67.08% of the company's stock.

About Spectral AI

Spectral AI, Inc NASDAQ: MDAI is a technology company focused on delivering advanced analytics and insights through the application of machine learning to multi-spectral and hyperspectral data. Its core platform ingests imagery from satellites, aerial drones and ground-based sensors, applying proprietary algorithms to identify patterns and anomalies invisible to the naked eye. The company's solutions are designed to help clients make more informed decisions in areas such as agriculture, environmental monitoring, infrastructure inspection and resource exploration.

The company offers a cloud-native software-as-a-service (SaaS) platform that enables users to visualize and analyze large volumes of spectral data via customizable dashboards.

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