IRIDEX (IRIX) Competitors $1.26 0.00 (0.00%) Closing price 04:00 PM EasternExtended 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. Add Compare Share Share Competitors Stock AnalysisChartCompetitorsEarningsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestTrendsBuy This Stock IRIX vs. MDAI, CTSO, ZYXI, HYPR, SURG, ICCM, EDAP, CTCX, ECOR, and RBOTShould 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 Spectral AI Cytosorbents Zynex Hyperfine SurgePays IceCure Medical Edap Tms Carmell electroCore Vicarious Surgical 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. Is IRIX or MDAI more profitable? 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% Which has more risk and volatility, IRIX or MDAI? 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. Do insiders & institutionals have more ownership in IRIX or MDAI? 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. Do analysts prefer IRIX or MDAI? 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) 0.00Spectral AI 0 Sell rating(s) 0 Hold rating(s) 2 Buy rating(s) 1 Strong Buy rating(s) 3.33 Which has higher valuation and earnings, IRIX or MDAI? 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 RatioIRIDEX$48.67M0.43-$8.91M-$0.43-2.93Spectral AI$29.58M2.09-$15.31M-$0.54-4.52 Does the media favor IRIX or MDAI? 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 SummarySpectral 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. Email Address New MarketBeat Followers Over TimeWhat are MarkeBeat Followers?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 ChartMedia Sentiment Over TimeWhat is Media Sentiment?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 Export to ExcelMetricIRIDEXLASERS IndustryComputer SectorNASDAQ ExchangeMarket Cap$21.15M$1.01B$28.71B$9.44BDividend YieldN/AN/A3.06%4.04%P/E RatioN/AN/A33.8019.80Price / Sales0.4357.291,830.0389.09Price / CashN/A25.5334.3128.17Price / Book9.695.977.525.70Net Income-$8.91M-$60.02M$779.61M$257.84M7 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 Export to ExcelCompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)IRIXIRIDEX0.4727 of 5 stars$1.26flatN/A-36.7%$21.15M$48.67M0.00120Gap UpMDAISpectral AI3.3768 of 5 stars$2.68-6.3%$4.75+77.2%+44.3%$67.86M$29.58M-4.9683CTSOCytosorbents1.9443 of 5 stars$1.05-0.9%$5.50+423.8%-1.9%$65.74M$35.33M-3.75220News CoverageAnalyst ForecastZYXIZynex2.0287 of 5 stars$2.11-5.8%$6.00+184.4%-77.1%$63.81M$192.35M-8.79770Upcoming EarningsHYPRHyperfine1.0416 of 5 stars$0.80+4.0%$1.06+32.5%-23.6%$62.27M$11.73M-1.48190Gap UpSURGSurgePays3.195 of 5 stars$2.99-4.8%$9.00+201.0%-5.2%$61.03M$40.03M-1.0740ICCMIceCure Medical2.2883 of 5 stars$1.03-1.0%$2.50+142.7%+36.7%$60.46M$3.27M-3.6860EDAPEdap Tms2.3509 of 5 stars$1.51-1.3%$8.50+464.8%-70.2%$56.28M$62.77M-2.43230CTCXCarmellN/A$2.68-3.2%N/A+233.0%$56.03M$32.84K0.0014Gap UpECORelectroCore2.7767 of 5 stars$7.45+8.3%$25.50+242.3%+21.2%$55.28M$25.18M-4.7850RBOTVicarious Surgical0.9104 of 5 stars$9.09+12.3%$8.50-6.4%+31.3%$53.88MN/A-0.87210Positive News Related Companies and Tools Related Companies MDAI Alternatives CTSO Alternatives ZYXI Alternatives HYPR Alternatives SURG Alternatives ICCM Alternatives EDAP Alternatives CTCX Alternatives ECOR Alternatives RBOT Alternatives Top 10 Stock Comparisons Semiconductor Stocks Artificial Intelligence Stocks Growth Stocks Magnificent Seven Stocks Pharmaceutical Stocks Ecommerce Stocks Bitcoin Stocks Meme Stocks Cryptocurrency Stocks Cybersecurity Stocks This page (NASDAQ:IRIX) was last updated on 7/21/2025 by MarketBeat.com Staff From Our PartnersINVESTOR ALERT: Tiny “$3 AI Wonder Stock” on the Verge of Blasting OffRight now, we’re witnessing a monumental shift in the world.Traders Agency | SponsoredMarket Panic: Trump Just Dropped a Bomb on Your Stockstock Market Panic: Trump Just Dropped a Bomb on Your Stocks The market is in freefall—and Trump's new tarif...American Alternative | Sponsored[No Brainer Gold Play]: “Show me a better investment.”A Historic Gold Announcement Is About to Rock Wall Street? 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