Free Trial

IRIDEX (IRIX) Competitors

IRIDEX logo
$1.26 0.00 (0.00%)
Closing price 04:00 PM Eastern
Extended Trading
$1.26 +0.00 (+0.40%)
As of 06:10 PM Eastern
Extended trading is trading that happens on electronic markets outside of regular trading hours. This is a fair market value extended hours price provided by Polygon.io. Learn more.

IRIX vs. MDAI, CTSO, ZYXI, HYPR, SURG, ICCM, EDAP, CTCX, ECOR, and RBOT

Should you be buying IRIDEX stock or one of its competitors? The main competitors of IRIDEX include Spectral AI (MDAI), Cytosorbents (CTSO), Zynex (ZYXI), Hyperfine (HYPR), SurgePays (SURG), IceCure Medical (ICCM), Edap Tms (EDAP), Carmell (CTCX), electroCore (ECOR), and Vicarious Surgical (RBOT). These companies are all part of the "medical equipment" industry.

IRIDEX vs. Its Competitors

IRIDEX (NASDAQ:IRIX) and Spectral AI (NASDAQ:MDAI) are both small-cap medical equipment companies, but which is the better stock? We will compare the two businesses based on the strength of their institutional ownership, earnings, risk, media sentiment, profitability, dividends, analyst recommendations and valuation.

IRIDEX has a net margin of -14.61% compared to Spectral AI's net margin of -30.75%. Spectral AI's return on equity of 0.00% beat IRIDEX's return on equity.

Company Net Margins Return on Equity Return on Assets
IRIDEX-14.61% -290.57% -22.86%
Spectral AI -30.75%N/A -11.37%

IRIDEX has a beta of 0.57, meaning that its share price is 43% less volatile than the S&P 500. Comparatively, Spectral AI has a beta of 0.9, meaning that its share price is 10% less volatile than the S&P 500.

20.1% of IRIDEX shares are owned by institutional investors. Comparatively, 67.1% of Spectral AI shares are owned by institutional investors. 7.4% of IRIDEX shares are owned by company insiders. Comparatively, 30.7% of Spectral AI shares are owned by company insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a company is poised for long-term growth.

Spectral AI has a consensus target price of $4.75, indicating a potential upside of 94.67%. Given Spectral AI's stronger consensus rating and higher possible upside, analysts plainly believe Spectral AI is more favorable than IRIDEX.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
IRIDEX
0 Sell rating(s)
0 Hold rating(s)
0 Buy rating(s)
0 Strong Buy rating(s)
0.00
Spectral AI
0 Sell rating(s)
0 Hold rating(s)
2 Buy rating(s)
1 Strong Buy rating(s)
3.33

IRIDEX has higher revenue and earnings than Spectral AI. Spectral AI is trading at a lower price-to-earnings ratio than IRIDEX, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
IRIDEX$48.67M0.43-$8.91M-$0.43-2.93
Spectral AI$29.58M2.09-$15.31M-$0.54-4.52

In the previous week, Spectral AI had 1 more articles in the media than IRIDEX. MarketBeat recorded 1 mentions for Spectral AI and 0 mentions for IRIDEX. IRIDEX's average media sentiment score of 0.00 beat Spectral AI's score of -0.71 indicating that IRIDEX is being referred to more favorably in the media.

Company Overall Sentiment
IRIDEX Neutral
Spectral AI Negative

Summary

Spectral AI beats IRIDEX on 11 of the 16 factors compared between the two stocks.

Get IRIDEX News Delivered to You Automatically

Sign up to receive the latest news and ratings for IRIX and its competitors with MarketBeat's FREE daily newsletter.

New MarketBeat Followers Over Time

This chart shows the number of new MarketBeat users adding IRIX and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
Skip Chart

Media Sentiment Over Time

This chart shows the average media sentiment of NASDAQ and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
Skip Chart

IRIX vs. The Competition

MetricIRIDEXLASERS IndustryComputer SectorNASDAQ Exchange
Market Cap$21.15M$1.01B$28.71B$9.44B
Dividend YieldN/AN/A3.06%4.04%
P/E RatioN/AN/A33.8019.80
Price / Sales0.4357.291,830.0389.09
Price / CashN/A25.5334.3128.17
Price / Book9.695.977.525.70
Net Income-$8.91M-$60.02M$779.61M$257.84M
7 Day Performance23.53%5.80%2.68%1.87%
1 Month Performance35.05%16.89%11.20%13.28%
1 Year Performance-36.68%6.03%53,002.18%19.15%

IRIDEX Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
IRIX
IRIDEX
0.4727 of 5 stars
$1.26
flat
N/A-36.7%$21.15M$48.67M0.00120Gap Up
MDAI
Spectral AI
3.3768 of 5 stars
$2.68
-6.3%
$4.75
+77.2%
+44.3%$67.86M$29.58M-4.9683
CTSO
Cytosorbents
1.9443 of 5 stars
$1.05
-0.9%
$5.50
+423.8%
-1.9%$65.74M$35.33M-3.75220News Coverage
Analyst Forecast
ZYXI
Zynex
2.0287 of 5 stars
$2.11
-5.8%
$6.00
+184.4%
-77.1%$63.81M$192.35M-8.79770Upcoming Earnings
HYPR
Hyperfine
1.0416 of 5 stars
$0.80
+4.0%
$1.06
+32.5%
-23.6%$62.27M$11.73M-1.48190Gap Up
SURG
SurgePays
3.195 of 5 stars
$2.99
-4.8%
$9.00
+201.0%
-5.2%$61.03M$40.03M-1.0740
ICCM
IceCure Medical
2.2883 of 5 stars
$1.03
-1.0%
$2.50
+142.7%
+36.7%$60.46M$3.27M-3.6860
EDAP
Edap Tms
2.3509 of 5 stars
$1.51
-1.3%
$8.50
+464.8%
-70.2%$56.28M$62.77M-2.43230
CTCX
Carmell
N/A$2.68
-3.2%
N/A+233.0%$56.03M$32.84K0.0014Gap Up
ECOR
electroCore
2.7767 of 5 stars
$7.45
+8.3%
$25.50
+242.3%
+21.2%$55.28M$25.18M-4.7850
RBOT
Vicarious Surgical
0.9104 of 5 stars
$9.09
+12.3%
$8.50
-6.4%
+31.3%$53.88MN/A-0.87210Positive News

Related Companies and Tools


This page (NASDAQ:IRIX) was last updated on 7/21/2025 by MarketBeat.com Staff
From Our Partners