Spectral Medical Inc. (TSX:EDT)

Spectral Medical Stock Forecast

Stock Price Forecast

According to 2 analysts polled by S&P Global, Spectral Medical stock has a consensus rating of "Strong Buy" and an average price target of $3.15. The average 1-year stock price forecast is 129.93% higher than the current stock price, while the lowest is $2.80 (+104.38%) and the highest is $3.50 (+155.47%).

Price Target: $3.15 (+129.93%)

Analyst Consensus: Strong Buy

Target	Low	Average	Median	High
Price	$2.80	$3.15	$3.15	$3.50
Change	+104.38%	+129.93%	+129.93%	+155.47%

Analyst Ratings

The average analyst rating for Spectral Medical stock is "Strong Buy". This means that analysts believe this stock is likely to perform very well in the near future and significantly outperform the market.

Recommendation Trends

Rating	Nov '25	Feb '26	Mar '26	Apr '26	May '26	Jun '26
Strong Buy	2	2	2	2	2	2
Buy	0	0	0	0	0	0
Hold	0	0	0	0	0	0
Sell	0	0	0	0	0	0
Strong Sell	0	0	0	0	0	0
Total	2	2	2	2	2	2

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Andre Uddin Research Capital	Research Capital	Buy Maintains $3.50	Buy	Maintains	$3.50	+155.47%	May 31, 2026

Financial Forecast

Revenue This Year

2.81M

Increased by 14.95%

from 2.44M

Revenue Next Year

18.70M

Increased by 566.16%

from 2.81M

EPS This Year

-0.03

from -

EPS Next Year

n/a

from -0.03

Fiscal Year	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026
Period Ending	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023	Dec 31, 2024	Dec 31, 2025	Dec 31, 2026
Revenue	2.00M	1.67M	1.60M	2.29M	2.44M	2.81M
Revenue Growth	-5.00%	-16.48%	-4.14%	43.05%	6.82%	14.95%
Gross Profit	1.21M	983.00K	662.00K	713.00K	1.33M	2.69M
Gross Margin	60.47%	58.97%	41.43%	31.19%	54.30%	95.90%
Operating Income	-6.05M	-7.88M	-11.16M	-12.08M	-11.18M	-10.24M
Net Income	-8.79M	-11.28M	-15.66M	-15.40M	-47.69M	-12.28M
EPS	-	-	-	-	-	-0.03
No. Analysts	-	-	-	-	-	1

EPS and Forward PE are based on non-GAAP adjusted numbers. Financial currency is CAD.

Revenue Forecast

Revenue	2026	2027	2028
High	2.8M
Avg	2.8M
Low	2.8M

Revenue Growth

Revenue Growth	2026	2027	2028
High	14.9%
Avg	14.9%
Low	14.9%

EPS Forecast

EPS	2026	2027	2028
High	-0.03
Avg	-0.03
Low	-0.03

EPS Growth

EPS Growth	2026	2027	2028
High	-
Avg	-
Low	-

Data Sources: S&P Global Market Intelligence and TipRanks Last updated: May 31, 2026

Price targets, consensus ratings and financial forecasts are provided by S&P Global Market Intelligence. Individual analyst data is provided by TipRanks. Price targets and consensus ratings update every hour to every three days, while individual analyst data updates in near real-time.

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