Spectral Medical Inc. (TSX:EDT)

Canada flag Canada · Delayed Price · Currency is CAD
1.370
+0.030 (2.24%)
Jun 11, 2026, 3:59 PM EST
Market Cap401.98M +63.9%
Revenue (ttm)2.76M +26.1%
Net Income-38.03M
EPS-0.13
Shares Out 293.42M
PE Ration/a
Forward PEn/a
Dividendn/a
Ex-Dividend Daten/a
Volume42,937
Open1.380
Previous Close1.340
Day's Range1.350 - 1.380
52-Week Range0.770 - 1.840
Beta0.23
AnalystsStrong Buy
Price Target3.15 (+129.93%)
Earnings DateAug 12, 2026

About Spectral Medical

Spectral Medical Inc. focuses on the development and commercialization of products for the treatment of septic shock in the United States, Italy, Ireland, Russia, and internationally. The company markets Endotoxin Activity Assay, a rapid in-vitro diagnostic test for the detection of components of gram negative; and Polymyxin B-Hemoperfusion, a therapeutic hemoperfusion device that removes endotoxin from the bloodstream. It also develops, manufactures, and markets monoclonal and polyclonal antibodies, recombinant cardiac proteins, antibodies, an... [Read more]

Sector Healthcare
Founded 1991
Employees 29
Stock Exchange Toronto Stock Exchange
Ticker Symbol EDT
Full Company Profile

Financial Performance

In 2025, Spectral Medical's revenue was 2.44 million, an increase of 6.82% compared to the previous year's 2.29 million. Losses were -47.69 million, 209.6% more than in 2024.

Financial Statements

Analyst Summary

According to 2 analysts, the average rating for EDT stock is "Strong Buy." The 12-month stock price target is $3.15, which is an increase of 129.93% from the latest price.

Price Target
$3.15
(129.93% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

Spectral Medical Inc. Announces Results of Annual and Special Meeting of Shareholders

TORONTO, June 09, 2026 (GLOBE NEWSWIRE) -- Spectral Medical Inc. ("Spectral" or the "Company") (TSX: EDT), a late-stage theranostic company advancing therapeutic options for sepsis and septic shock, t...

2 days ago - GlobeNewsWire

Spectral Medical and Vantive Announce Topline 12 Month Follow-Up Results From Spectral's Tigris Trial

100% follow-up achieved for all 157 patients enrolled in the Tigris trial Mortality at 12 months was 52.8% with PMX vs. 66.7% with standard of care alone (absolute risk reduction of 13.9%; number need...

8 days ago - GlobeNewsWire

Spectral Medical Announces PMA Submission to U.S. FDA for PMX

TORONTO, May 29, 2026 (GLOBE NEWSWIRE) -- Spectral Medical Inc. (“Spectral” or the “Company”) (TSX: EDT), a late-stage theranostic company advancing therapeutic options for sepsis and septic shock, to...

14 days ago - GlobeNewsWire

Spectral Medical Earnings release: Q1 2026

Spectral Medical released its Q1 2026 earnings on May 8, 2026, summarizing the period's financial results.

4 weeks ago - Filings

Spectral Medical Announces First Quarter 2026 Financial Results and Provides Corporate Update

TORONTO, May 08, 2026 (GLOBE NEWSWIRE) -- Spectral Medical Inc. (“Spectral” or the “Company”) (TSX: EDT), a late-stage theranostic company advancing therapeutic options for sepsis and septic shock, to...

5 weeks ago - GlobeNewsWire

Spectral Medical Inc. Announces Participation in the 2026 Bloom Burton & Co. Healthcare Investor Conference

Toronto, Ontario--(Newsfile Corp. - April 1, 2026) - Spectral Medical Inc. (TSX: EDT), a late-stage theranostic company advancing therapeutic options for sepsis and septic shock, will be participating...

2 months ago - Newsfile Corp

Spectral Medical Earnings release: Q4 2025

Spectral Medical released its Q4 2025 earnings on March 26, 2026, summarizing the period's financial results.

2 months ago - Filings

Spectral Medical Announces Fourth Quarter and Fiscal 2025 Results and Provides Corporate Update

TORONTO, March 26, 2026 (GLOBE NEWSWIRE) -- Spectral Medical Inc. (“Spectral” or the “Company”) (TSX: EDT), a late-stage theranostic company advancing therapeutic options for sepsis and septic shock, ...

2 months ago - GlobeNewsWire

Spectral Medical and Vantive Announce Publication of Complete Results from Spectral's Tigris Trial in the Lancet Respiratory Medicine

TORONTO and DEERFIELD, Ill., March 24, 2026 (GLOBE NEWSWIRE) -- Spectral Medical Inc. (“Spectral”) (TSX: EDT), a late-stage theranostic company advancing therapeutic options for sepsis and septic shoc...

2 months ago - GlobeNewsWire

Spectral Medical Provides Update on PMA Submission Timing for PMX-20R

TORONTO, Feb. 26, 2026 (GLOBE NEWSWIRE) -- Spectral Medical Inc. (“Spectral” or the “Company”) (TSX: EDT), a late-stage theranostic company advancing therapeutic options for sepsis and septic shock, t...

3 months ago - GlobeNewsWire

Spectral Medical Earnings release: Q3 2025

Spectral Medical released its Q3 2025 earnings on November 6, 2025, summarizing the period's financial results.

7 months ago - Filings

Spectral Medical Inc. Files Base Shelf Prospectus and Revised AIF

TORONTO, Sept. 29, 2025 (GLOBE NEWSWIRE) -- Spectral Medical Inc. (“Spectral” or the “Company”) (TSX: EDT), a late-stage theranostic company advancing therapeutic options for sepsis and septic shock, ...

9 months ago - GlobeNewsWire

Spectral Medical Announces Publication of EDEN Observational Study

New Study Strengthens Rationale for Spectral's PMX Therapy by Defining Endotoxic Septic Shock (ESS) as the Highest-Risk Patient Group New Study Strengthens Rationale for Spectral's PMX Therapy by Defi...

9 months ago - GlobeNewsWire

Spectral Medical Sponsors Unite for Sepsis Symposium, Chicago September 8 – 9, 2025

TORONTO, Sept. 08, 2025 (GLOBE NEWSWIRE) -- Spectral Medical Inc. (“Spectral” or the “Company”) (TSX: EDT), a late-stage theranostic company advancing therapeutic options for sepsis and septic shock, ...

9 months ago - GlobeNewsWire

Spectral Medical Receives US$3 Million From Vantive

TORONTO, Aug. 25, 2025 (GLOBE NEWSWIRE) -- Spectral Medical Inc. (“Spectral” or the “Company”) (TSX: EDT), a late-stage theranostic company advancing therapeutic options for sepsis and septic shock, t...

10 months ago - GlobeNewsWire

Spectral Medical and Vantive Announce Topline Results from Spectral's Tigris Trial Evaluating PMX Hemoadsorption Therapy for Endotoxic Septic Shock

TORONTO, Ontario and DEERFIELD, Ill., Aug. 12, 2025 (GLOBE NEWSWIRE) -- Spectral Medical Inc. (“Spectral”) (TSX: EDT), a late-stage theranostic company advancing therapeutic options for sepsis and sep...

10 months ago - GlobeNewsWire

Spectral Medical Announces Second Quarter and Provides Corporate Update

TORONTO, Aug. 08, 2025 (GLOBE NEWSWIRE) -- Spectral Medical Inc. (“Spectral” or the “Company”) (TSX: EDT), a late-stage theranostic company advancing therapeutic options for sepsis and septic shock, t...

11 months ago - GlobeNewsWire

Spectral Medical Earnings release: Q2 2025

Spectral Medical released its Q2 2025 earnings on August 7, 2025, summarizing the period's financial results.

11 months ago - Filings

Spectral Medical Inc. Announces Filing of Base Shelf Prospectus

TORONTO, July 04, 2025 (GLOBE NEWSWIRE) -- Spectral Medical Inc. (“Spectral” or the “Company”) (TSX: EDT), a late-stage theranostic company advancing therapeutic options for sepsis and septic shock, t...

1 year ago - GlobeNewsWire

Spectral Medical Inc. Announces Results of Annual Meeting of Shareholders

TORONTO, June 06, 2025 (GLOBE NEWSWIRE) -- Spectral Medical Inc. ("Spectral" or the "Company") (TSX: EDT), a late-stage theranostic company advancing therapeutic options for sepsis and septic shock, t...

1 year ago - GlobeNewsWire

Spectral Medical Slides: FY 2025

Spectral Medical has posted slides in relation to its FY 2025 quarterly earnings report, which was published on June 5, 2025.

1 year ago - Filings

Spectral Medical to Present at the 3rd Annual H.C. Wainwright BioConnect Investor Conference

TORONTO, May 16, 2025 (GLOBE NEWSWIRE) -- Spectral Medical Inc. (“Spectral” or the “Company”) (TSX: EDT), a late-stage theranostic company advancing therapeutic options for sepsis and septic shock, to...

1 year ago - GlobeNewsWire

Spectral Medical Announces First Quarter and Provides Corporate Update

TORONTO, May 09, 2025 (GLOBE NEWSWIRE) -- Spectral Medical Inc. (“Spectral” or the “Company”) (TSX: EDT), a late-stage theranostic company advancing therapeutic options for sepsis and septic shock, to...

1 year ago - GlobeNewsWire

Spectral Medical Earnings release: Q1 2025

Spectral Medical released its Q1 2025 earnings on May 8, 2025, summarizing the period's financial results.

1 year ago - Filings

Spectral Medical Announces Non-Dilutive Financing of Up to $10 Million with Vantive

•   Non-Dilutive Financing •   Up to US$10 Million Promissory Note Provided by Vantive •   If Fully Drawn, Promissory Note is Expected to Fully Fund Spectral to PMX Commercialization •   Company to ho...

1 year ago - GlobeNewsWire