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IRIDEX (IRIX) Competitors

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$0.88 +0.00 (+0.22%)
As of 06/30/2025 03:59 PM Eastern

IRIX vs. MDAI, SURG, HYPR, NEPH, ICCM, APT, CTCX, DXR, BDMD, and SPAI

Should you be buying IRIDEX stock or one of its competitors? The main competitors of IRIDEX include Spectral AI (MDAI), SurgePays (SURG), Hyperfine (HYPR), Nephros (NEPH), IceCure Medical (ICCM), Alpha Pro Tech (APT), Carmell (CTCX), Daxor (DXR), Baird Medical Investment (BDMD), and Safe Pro Group (SPAI). 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 superior stock? We will compare the two companies based on the strength of their valuation, dividends, profitability, earnings, risk, analyst recommendations, media sentiment and institutional ownership.

Spectral AI has a consensus target price of $4.75, suggesting a potential upside of 91.53%. Given Spectral AI's stronger consensus rating and higher probable upside, analysts clearly 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$48.67M0.30-$8.91M-$0.43-2.05
Spectral AI$29.58M2.12-$15.31M-$0.54-4.59

In the previous week, Spectral AI had 1 more articles in the media than IRIDEX. MarketBeat recorded 4 mentions for Spectral AI and 3 mentions for IRIDEX. Spectral AI's average media sentiment score of 0.62 beat IRIDEX's score of 0.39 indicating that Spectral AI is being referred to more favorably in the news media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
IRIDEX
0 Very Positive mention(s)
0 Positive mention(s)
1 Neutral mention(s)
1 Negative mention(s)
0 Very Negative mention(s)
Neutral
Spectral AI
0 Very Positive mention(s)
0 Positive mention(s)
3 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

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

IRIDEX has a beta of 0.62, meaning that its share price is 38% less volatile than the S&P 500. Comparatively, Spectral AI has a beta of 0.7, meaning that its share price is 30% less volatile than the S&P 500.

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%

Summary

Spectral AI beats IRIDEX on 12 of the 17 factors compared between the two stocks.

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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.
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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.
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IRIX vs. The Competition

MetricIRIDEXLASERS IndustryComputer SectorNASDAQ Exchange
Market Cap$14.77M$907.17M$27.29B$8.90B
Dividend YieldN/AN/A2.94%4.13%
P/E Ratio-2.05N/A35.8219.67
Price / Sales0.3050.531,972.86110.25
Price / CashN/A23.4433.8927.49
Price / Book6.784.487.045.42
Net Income-$8.91M-$60.02M$762.33M$248.34M
7 Day Performance-7.00%-2.00%1.84%0.82%
1 Month Performance-10.01%-1.02%6.13%5.01%
1 Year Performance-57.80%-5.95%52,172.46%18.10%

IRIDEX Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
IRIX
IRIDEX
0.709 of 5 stars
$0.88
+0.2%
N/A-59.2%$14.77M$48.67M-2.05120
MDAI
Spectral AI
2.7596 of 5 stars
$2.05
-6.4%
$4.75
+131.7%
+40.9%$55.44M$29.58M-3.8083News Coverage
Gap Up
SURG
SurgePays
3.1749 of 5 stars
$2.73
+1.1%
$9.00
+229.7%
-2.5%$55.11M$60.88M-0.9840
HYPR
Hyperfine
2.463 of 5 stars
$0.69
0.0%
$1.06
+52.8%
-15.3%$54M$12.89M-1.28190
NEPH
Nephros
1.4467 of 5 stars
$4.29
-14.2%
$5.00
+16.6%
+93.8%$53M$14.16M61.2930Gap Down
High Trading Volume
ICCM
IceCure Medical
2.5943 of 5 stars
$0.92
-3.3%
$2.50
+171.7%
+34.5%$52.79M$3.29M-3.2960Gap Up
APT
Alpha Pro Tech
1.5895 of 5 stars
$4.76
+0.2%
N/A-14.7%$51.71M$58.18M12.86120
CTCX
Carmell
N/A$2.41
-2.4%
N/A+94.7%$50.38M$32.84K0.0014Gap Up
DXR
Daxor
3.9283 of 5 stars
$9.46
+1.8%
$25.00
+164.3%
+5.0%$44.94MN/A0.0037High Trading Volume
BDMD
Baird Medical Investment
N/A$5.72
-11.7%
N/AN/A$42.66MN/A0.00N/AAnalyst Downgrade
Gap Up
SPAI
Safe Pro Group
N/A$2.57
-5.5%
N/AN/A$41.27M$2.17M-3.1711Gap Down

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This page (NASDAQ:IRIX) was last updated on 7/1/2025 by MarketBeat.com Staff
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