Zacks Small Cap Forecasts Increased Earnings for Spectral AI

Spectral AI, Inc. (NASDAQ:MDAI) – Investment analysts at Zacks Small Cap increased their FY2025 EPS estimates for shares of Spectral AI in a research report issued to clients and investors on Wednesday, April 2nd. Zacks Small Cap analyst J. Vandermosten now anticipates that the company will post earnings per share of ($0.45) for the year, up from their previous estimate of ($0.57). The consensus estimate for Spectral AI’s current full-year earnings is ($0.48) per share. Zacks Small Cap also issued estimates for Spectral AI’s FY2026 earnings at ($0.18) EPS and FY2026 earnings at ($0.18) EPS.

Separately, HC Wainwright reissued a “buy” rating and issued a $3.50 price target on shares of Spectral AI in a report on Wednesday.

Spectral AI Stock Performance

Shares of Spectral AI stock opened at $1.21 on Friday. The company’s 50 day moving average price is $1.69 and its 200-day moving average price is $1.67. Spectral AI has a 52-week low of $0.82 and a 52-week high of $3.25. The stock has a market capitalization of $28.13 million, a price-to-earnings ratio of -1.86 and a beta of 0.62.

Spectral AI (NASDAQ:MDAI) last announced its quarterly earnings data on Thursday, March 27th. The company reported ($0.06) earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of ($0.13) by $0.07. The company had revenue of $7.60 million for the quarter, compared to the consensus estimate of $6.83 million.

Institutional Inflows and Outflows

Several institutional investors have recently added to or reduced their stakes in MDAI. Virtu Financial LLC bought a new position in Spectral AI in the fourth quarter worth about $38,000. Northern Trust Corp purchased a new position in shares of Spectral AI in the 4th quarter valued at approximately $44,000. Millington Financial Advisors LLC bought a new stake in shares of Spectral AI during the fourth quarter valued at approximately $85,000. Jane Street Group LLC purchased a new stake in Spectral AI in the fourth quarter worth $92,000. Finally, Renaissance Technologies LLC bought a new position in Spectral AI in the fourth quarter worth $272,000. 67.08% of the stock is currently owned by institutional investors.

About Spectral AI

Spectral AI, Inc, an artificial intelligence (AI) company, focuses on developing predictive medical diagnostics in the United States. The company develops medical diagnostics for faster and accurate treatment decisions in wound care with applications involving patients with burns and diabetic foot ulcers.