Spectral AI, Inc. (NASDAQ:MDAI) Expected to Post FY2027 Earnings of $0.53 Per Share

Spectral AI, Inc. (NASDAQ:MDAI) – HC Wainwright issued their FY2027 earnings per share (EPS) estimates for shares of Spectral AI in a report released on Tuesday, August 13th. HC Wainwright analyst S. Ramakanth anticipates that the company will post earnings of $0.53 per share for the year. HC Wainwright has a “Buy” rating and a $3.50 price target on the stock. The consensus estimate for Spectral AI’s current full-year earnings is ($0.62) per share. HC Wainwright also issued estimates for Spectral AI’s FY2028 earnings at $0.37 EPS.

Other analysts also recently issued research reports about the stock. Northland Securities assumed coverage on shares of Spectral AI in a research note on Monday. They set an “outperform” rating and a $6.00 price target for the company. Northland Capmk upgraded Spectral AI to a “strong-buy” rating in a report on Monday.

Spectral AI Trading Up 4.4 %

Shares of MDAI opened at $1.65 on Wednesday. Spectral AI has a 1-year low of $1.32 and a 1-year high of $19.50. The company has a 50-day moving average of $1.71 and a 200 day moving average of $1.89.

Spectral AI (NASDAQ:MDAI) last issued its earnings results on Monday, August 12th. The company reported ($0.16) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.14) by ($0.02). The firm had revenue of $7.48 million for the quarter, compared to analysts’ expectations of $6.00 million.

Institutional Inflows and Outflows

Several hedge funds have recently added to or reduced their stakes in the business. Cantor Fitzgerald L. P. acquired a new stake in Spectral AI in the fourth quarter worth about $38,000. Virtu Financial LLC acquired a new stake in Spectral AI in the 1st quarter worth approximately $38,000. Forum Financial Management LP purchased a new stake in Spectral AI during the 2nd quarter worth approximately $51,000. Murchinson Ltd. acquired a new position in Spectral AI during the 1st quarter valued at approximately $85,000. Finally, Highlander Partners L.P. raised its holdings in shares of Spectral AI by 18.6% in the fourth quarter. Highlander Partners L.P. now owns 900,000 shares of the company’s stock worth $2,214,000 after buying an additional 141,416 shares during the last quarter. 67.08% of the stock is owned by institutional investors and hedge funds.

Spectral AI Company Profile

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.