Northland Securities Estimates Spectral AI FY2027 Earnings

Spectral AI, Inc. (NASDAQ:MDAI) – Analysts at Northland Securities issued their FY2027 earnings per share estimates for shares of Spectral AI in a research note issued to investors on Wednesday, March 25th. Northland Securities analyst C. Byrnes anticipates that the company will post earnings of ($0.40) per share for the year. The consensus estimate for Spectral AI’s current full-year earnings is ($0.48) per share.

MDAI has been the topic of several other reports. Weiss Ratings reissued a “sell (d-)” rating on shares of Spectral AI in a research report on Monday, December 22nd. BTIG Research reiterated a “buy” rating and issued a $3.00 price target on shares of Spectral AI in a research note on Wednesday. Two investment analysts have rated the stock with a Buy rating and one has issued a Sell rating to the company. According to MarketBeat.com, the company presently has a consensus rating of “Hold” and an average target price of $3.25.

Spectral AI Price Performance

MDAI stock opened at $1.49 on Friday. The company has a fifty day moving average price of $1.52 and a two-hundred day moving average price of $1.74. Spectral AI has a one year low of $1.04 and a one year high of $3.21. The stock has a market cap of $45.73 million, a price-to-earnings ratio of -4.81 and a beta of 0.98.

Spectral AI (NASDAQ:MDAI) last posted its quarterly earnings results on Tuesday, March 24th. The company reported $0.02 earnings per share for the quarter, beating analysts’ consensus estimates of ($0.13) by $0.15. The business had revenue of $3.85 million during the quarter, compared to the consensus estimate of $2.91 million.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently added to or reduced their stakes in MDAI. Philip James Wealth Mangement LLC acquired a new stake in shares of Spectral AI during the third quarter worth $27,000. Raymond James Financial Inc. raised its stake in Spectral AI by 1,180.0% in the 3rd 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 in the last quarter. Jane Street Group LLC bought a new stake in Spectral AI in the 2nd quarter valued at about $74,000. Marshall Wace LLP bought a new stake in Spectral AI in the 2nd quarter valued at about $104,000. Finally, DNB Asset Management AS acquired a new position in shares of Spectral AI during the 2nd quarter worth approximately $107,000. 67.08% of the stock is owned by institutional investors and hedge funds.

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.