In the latest trading session,, 0.58 million Spectral AI Inc (NASDAQ:MDAI) shares changed hands as the company’s beta touched 0.80. With the company’s most recent per share price at $2.47 changing hands around $0.35 or 16.30% at last look, the market valuation stands at $63.48M. MDAI’s current price is a discount, trading about -31.58% off its 52-week high of $3.25. The share price had its 52-week low at $0.82, which suggests the last value was 66.8% up since then. When we look at Spectral AI Inc’s average trading volume, we note the 10-day average is 0.36 million shares, with the 3-month average coming to 323.86K.
Analysts gave the Spectral AI Inc (MDAI) stock a consensus recommendation rating of Buy, calculated at a mean rating of 1.00. If we narrow down to specifics, the data shows that 0 out of 1 analysts rate the stock as a Sell, with a further 0 assigning it an Overweight rating. Of the remaining, 0 recommended MDAI as a Hold, 1 felt it is a Buy and 0 rated the stock as Underweight. Spectral AI Inc’s EPS for the current quarter is expected to be -0.08.
Spectral AI Inc (NASDAQ:MDAI) trade information
Instantly MDAI is in green as seen in intraday trades today. With action 20.27%, the performance over the past five days has been green. The company’s shares are showing year-to-date upside of 46.76%, with the 5-day performance at 20.27% in the green. However, in the 30-day time frame, Spectral AI Inc (NASDAQ:MDAI) is 48.53% up. Looking at the short shares, we see there were 0.8 million shares sold at short interest cover period of 1.92 days.
The consensus price target for the stock as assigned by Wall Street analysts is 3.5, meaning bulls need an upside of 29.43% from its recent market value. According to analyst projections, MDAI’s forecast low is 3.5 with 3.5 as the target high. To hit the forecast high, the stock’s price needs a -41.7% plunge from its current level, while the stock would need to soar -41.7% for it to hit the projected low.
Spectral AI Inc (MDAI) estimates and forecasts
Year-over-year growth is forecast to reach -25.90% down from the last financial year.
Consensus estimates given by 4 financial analysts project the company’s revenue in the current quarter to hit an average of 5.43M. 4 analysts are of the opinion that Spectral AI Inc’s revenue for the current quarter will be 5.13M. The company’s revenue for the corresponding quarters a year ago was 7.48M and 8.17M respectively. According to analysts, the company will likely register a growth in its current quarter sales, forecast at -27.41%. The estimates for the next quarter sales put growth at -37.19%.
The 2025 estimates are for Spectral AI Inc earnings to increase by 75.16%, but the outlook for the next 5-year period is at 36.45% per year.
MDAI Dividends
Spectral AI Inc is expected to release its next quarterly earnings report on 2025-May-13.
Spectral AI Inc (NASDAQ:MDAI)’s Major holders
If we look at who the major shareholders are, we find that insiders hold 30.56% of Spectral AI Inc shares while 13.93% of the shares are in the hands of institutional holders. The share float percentage for the stock currently stands at 20.05%. There are 13.93% institutions holding the Spectral AI Inc stock share, with HIGHLANDER PARTNERS, L.P. the top institutional holder. As of 2024-06-30, the company held 5.1141% of the shares, roughly 0.9 million MDAI shares worth $1.4 million.
STIFEL FINANCIAL CORP holds the second largest percentage of outstanding shares, with 4.3105% or 0.76 million shares worth $1.34 million as of 2024-06-30.
Among Mutual Funds, the top two as of Mar 31, 2025 were VANGUARD INDEX FUNDS-Vanguard Total Stock Market Index Fund and Bridgeway Funds, Inc.-Ultra-Small Company Fund . With 307.64 shares estimated at $0.73 million under it, the former controlled 1.19% of total outstanding shares. On the other hand, Bridgeway Funds, Inc.-Ultra-Small Company Fund held about 0.68% of the shares, roughly 174.0 shares worth around $0.41 million.
