MultiSensor AI (NASDAQ:MSAI – Get Free Report) was upgraded by investment analysts at Wall Street Zen to a “hold” rating in a note issued to investors on Saturday.
MSAI has been the topic of a number of other reports. Weiss Ratings reaffirmed a “sell (e+)” rating on shares of MultiSensor AI in a research report on Friday, March 27th. Zacks Research raised MultiSensor AI to a “hold” rating in a research report on Friday, January 30th. One analyst has rated the stock with a Strong Buy rating, one has issued a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, the stock has an average rating of “Hold” and an average target price of $120.00.
Check Out Our Latest Stock Analysis on MultiSensor AI
MultiSensor AI Stock Performance
MultiSensor AI (NASDAQ:MSAI – Get Free Report) last announced its earnings results on Thursday, March 19th. The company reported ($1.20) earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of ($4.00) by $2.80. MultiSensor AI had a negative return on equity of 74.39% and a negative net margin of 211.01%.The business had revenue of $1.39 million for the quarter, compared to analyst estimates of $1.90 million. As a group, research analysts predict that MultiSensor AI will post -0.83 EPS for the current year.
Hedge Funds Weigh In On MultiSensor AI
A number of hedge funds have recently bought and sold shares of MSAI. Susquehanna International Group LLP acquired a new position in MultiSensor AI in the third quarter worth about $38,000. Geode Capital Management LLC grew its stake in MultiSensor AI by 44.6% in the fourth quarter. Geode Capital Management LLC now owns 403,492 shares of the company’s stock worth $116,000 after purchasing an additional 124,413 shares in the last quarter. Jane Street Group LLC acquired a new position in MultiSensor AI in the fourth quarter worth about $58,000. L1 Global Manager Pty Ltd acquired a new position in MultiSensor AI in the fourth quarter worth about $704,000. Finally, Hudson Bay Capital Management LP acquired a new position in MultiSensor AI in the fourth quarter worth about $352,000. 82.32% of the stock is currently owned by institutional investors and hedge funds.
About MultiSensor AI
MultiSensor AI, Inc (NASDAQ: MSAI) is a United States–based technology company that develops advanced biometric and sensor fusion solutions. The company leverages artificial intelligence to integrate multiple sensing modalities, delivering enhanced authentication and security capabilities for applications where reliable identity verification is essential.
Its product portfolio includes modular fingerprint and multi-sensor platforms paired with proprietary AI-driven algorithms designed to provide secure, accurate user authentication.
Read More
Receive News & Ratings for MultiSensor AI Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for MultiSensor AI and related companies with MarketBeat.com's FREE daily email newsletter.
