Spectral AI, Inc. (MDAI)

NASDAQ: MDAI · Real-Time Price · USD
1.890
+0.010 (0.53%)
Dec 20, 2024, 4:00 PM EST - Market closed
0.53%
Market Cap 36.87M
Revenue (ttm) 27.26M
Net Income (ttm) -11.12M
Shares Out 19.51M
EPS (ttm) -0.65
PE Ratio n/a
Forward PE n/a
Dividend n/a
Ex-Dividend Date n/a
Volume 606,894
Open 1.780
Previous Close 1.880
Day's Range 1.780 - 1.960
52-Week Range 0.824 - 3.721
Beta 0.64
Analysts Strong Buy
Price Target 4.50 (+138.1%)
Earnings Date Nov 6, 2024

About MDAI

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. Its products include DeepView System, a predictive analytics platform integrated with the predictive AI-Burn, which combines AI algorithms and multispectral imaging (MSI) imaging for an assessment of wound healing potential and offers clinici... [Read more]

Industry Medical Devices
Sector Healthcare
Founded 2013
Employees 78
Stock Exchange NASDAQ
Ticker Symbol MDAI
Full Company Profile

Financial Performance

In 2023, Spectral AI's revenue was $18.06 million, a decrease of -28.82% compared to the previous year's $25.37 million. Losses were -$20.85 million, 616.1% more than in 2022.

Financial Statements

Analyst Forecast

According to 3 analysts, the average rating for MDAI stock is "Strong Buy." The 12-month stock price forecast is $4.5, which is an increase of 138.10% from the latest price.

Price Target
$4.5
(138.10% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

Spectral AI Comments on Compliance with Nasdaq Listing Rule 5550(b)(2)

DALLAS, Dec. 13, 2024 (GLOBE NEWSWIRE) -- Spectral AI (NASDAQ: MDAI) (“Spectral AI” or the “Company”), developer of the AI-driven DeepView® System, which received Breakthrough Device Designation from ...

7 days ago - GlobeNewsWire

Spectral AI Incorporates Frontline Feedback into Improved Software Release for Enhanced Diagnostic Precision

DALLAS, Dec. 09, 2024 (GLOBE NEWSWIRE) -- Spectral AI (NASDAQ: MDAI) (“Spectral AI” or the “Company”), an artificial intelligence (AI) company focused on revolutionizing medical diagnostics to enable ...

12 days ago - GlobeNewsWire

Spectral AI Completes Truthing of Burn Center Images, Initiates Emergency Department Image Review

DALLAS, Dec. 02, 2024 (GLOBE NEWSWIRE) -- Spectral AI (NASDAQ: MDAI) (“Spectral AI” or the “Company”), an artificial intelligence (AI) company focused on revolutionizing medical diagnostics to enable ...

19 days ago - GlobeNewsWire

Spectral AI Announces Repricing of its Public Warrants

DALLAS, Nov. 26, 2024 (GLOBE NEWSWIRE) -- Spectral AI (NASDAQ: MDAI) (“Spectral AI” or the “Company”), an artificial intelligence (AI) company focused on revolutionizing medical diagnostics to enable ...

24 days ago - GlobeNewsWire

Spectral AI Raises Up to $5 Million Financing Strengthening Financial Position for FDA Pathway

DALLAS, Nov. 19, 2024 (GLOBE NEWSWIRE) -- Spectral AI, Inc. (Nasdaq: MDAI) (“Spectral AI” or the “Company”), an artificial intelligence (AI) company focused on revolutionizing medical diagnostics to e...

4 weeks ago - GlobeNewsWire

Spectral AI, Inc. (MDAI) Q3 2024 Earnings Conference Call Transcript

Spectral AI, Inc. (NASDAQ:MDAI) Q3 2024 Earnings Conference Call November 6, 2024 5:00 PM ET Company Participants Devin Sullivan - MD of Equity Group Michael DiMaio - Chairman Vincent Capone - CFO Co...

5 weeks ago - Seeking Alpha

Spectral AI Announces 2024 Third Quarter Financial Results

Revenue Rose to $8.2 Million Company Reaffirms Timeline for Regulatory Submission to U.S. FDA

6 weeks ago - GlobeNewsWire

Spectral AI Announces Plan to Spin Off Spectral IP Subsidiary Focused on Intellectual Property Investments and Monetization

Strategic Spinoff Aims to Unlock IP Value and Sharpen Focus on AI Medical Diagnostics Strategic Spinoff Aims to Unlock IP Value and Sharpen Focus on AI Medical Diagnostics

6 weeks ago - GlobeNewsWire

Spectral AI Schedules 2024 Third Quarter Financial Results and Conference Call

DALLAS, Oct. 23, 2024 (GLOBE NEWSWIRE) -- Spectral AI, Inc. (Nasdaq: MDAI) (“Spectral AI” or the “Company”), an artificial intelligence (AI) company focused on medical diagnostics for faster and more ...

2 months ago - GlobeNewsWire

AI in Wound Care Market Industry Research Report 2024-2035 Featuring Key Players - eKare, healthy.io, Kronikare, Intellicure, Perceptive Solutions, Spectral AI, Swift Medical, Wound Pros Among Others

Dublin, Oct. 23, 2024 (GLOBE NEWSWIRE) -- The "AI in Wound Care Market Industry Trends and Global Forecasts to 2035: Distribution by Type of Wound, Type of Acute Wound, Type of Chronic Wound, Type of ...

2 months ago - GlobeNewsWire

Spectral AI, Inc. Announces Return of Founder Dr. J. Michael DiMaio as Chairman of the Board of Directors

DALLAS, Oct. 14, 2024 (GLOBE NEWSWIRE) -- Spectral AI, Inc. (Nasdaq: MDAI) (“Spectral AI” or the “Company”), an artificial intelligence (AI) company focused on medical diagnostics for faster and more ...

2 months ago - GlobeNewsWire

Spectral AI Completes Proof of Concept for Wound Measurement Technology

Provides Clinicians with Superior Wound Size Measurement Information that Improves Patient Treatment Decisions Provides Clinicians with Superior Wound Size Measurement Information that Improves Patien...

2 months ago - GlobeNewsWire

Spectral AI Achieves 25% Patient Enrollment at Emergency Departments for U.S. Burn Pivotal Study and Adds Two New Clinical Trial Sites

DALLAS, Sept. 24, 2024 (GLOBE NEWSWIRE) -- Spectral AI, Inc. (Nasdaq: MDAI) (“Spectral AI” or the “Company”), an artificial intelligence (AI) company focused on medical diagnostics for faster and more...

3 months ago - GlobeNewsWire

Spectral AI Outlines U.S. Regulatory Pathway for DeepView® System for Burn Indication

DALLAS, Sept. 17, 2024 (GLOBE NEWSWIRE) -- Spectral AI, Inc. (Nasdaq: MDAI) (“Spectral AI” or the “Company”), an artificial intelligence (AI) company focused on medical diagnostics for faster and more...

3 months ago - GlobeNewsWire

American Burn Association Study Highlights Inequities in Access to Specialized Burn Care

Spectral AI's DeepView® System Designed to Provide Equity in Burn Care Access While Optimizing Healthcare Resources Spectral AI's DeepView® System Designed to Provide Equity in Burn Care Access While ...

3 months ago - GlobeNewsWire

Spectral AI Awarded Additional Funding from Medical Technology Enterprise Consortium to Support Ongoing Development of DeepView SnapShot M®

DALLAS, Sept. 05, 2024 (GLOBE NEWSWIRE) -- Spectral AI, Inc. (Nasdaq: MDAI) (“Spectral AI” or the “Company”), an artificial intelligence (AI) company focused on medical diagnostics for faster and more...

3 months ago - GlobeNewsWire

Spectral AI to Participate in Upcoming Investor Conferences

DALLAS, Aug. 28, 2024 (GLOBE NEWSWIRE) -- Spectral AI, Inc. (Nasdaq: MDAI) (“Spectral AI” or the “Company”), an artificial intelligence (AI) company focused on medical diagnostics for faster and more ...

4 months ago - GlobeNewsWire

Spectral AI Completes Burn Center Enrollment for U.S. Burn Pivotal Study

Milestone Achievement Advances Commercialization Timeline for DeepView™ System for Burn Indication Milestone Achievement Advances Commercialization Timeline for DeepView™ System for Burn Indication

4 months ago - GlobeNewsWire

Spectral AI Announces Podium Presentation at BBA / ISBI Joint Conference Assessing Burn Wound Severity Using Multispectral Imaging and Artificial Intelligence

DALLAS, Aug. 19, 2024 (GLOBE NEWSWIRE) -- Spectral AI, Inc. (Nasdaq: MDAI) (“Spectral AI” or the “Company”), an artificial intelligence (AI) company focused on medical diagnostics for faster and more ...

4 months ago - GlobeNewsWire

Spectral AI, Inc. (MDAI) Q2 2024 Earnings Call Transcript

Spectral AI, Inc. (NASDAQ:MDAI) Q2 2024 Results Conference Call August 12, 2024 5:00 PM ET Company Participants Devin Sullivan - Managing Director, The Equity Group, Inc. Peter Carlson - Chief Execut...

4 months ago - Seeking Alpha

Spectral AI Announces 2024 Second Quarter Financial Results

Second Quarter Revenue Totals $7.5 Million Total Enrollment Exceeds 85% for Burn Center Pivotal U.S. Clinical Trial Q2 2024 Overview Research & Development Revenue of $7.5 Million Cash Position of $6....

4 months ago - GlobeNewsWire

Spectral AI Announces Continuing Progress in Development of Handheld DeepView SnapShot M® for Military Field Use

Poster Presentation at 2024 Military Health System Research Symposium Poster Presentation at 2024 Military Health System Research Symposium

5 months ago - GlobeNewsWire

Spectral AI Schedules 2024 Second Quarter Financial Results and Conference Call

DALLAS, July 29, 2024 (GLOBE NEWSWIRE) -- Spectral AI, Inc. (Nasdaq: MDAI) (“Spectral AI” or the “Company”), an artificial intelligence (AI) company focused on medical diagnostics for faster and more ...

5 months ago - GlobeNewsWire

Spectral AI Announces Total U.S. and International Patent Portfolio Now Stands at 26 Granted Patents and 38 Pending Applications in Support of its AI-Driven DeepView System

DALLAS, July 24, 2024 (GLOBE NEWSWIRE) -- Spectral AI, Inc. (Nasdaq: MDAI) (“Spectral AI” or the “Company”), an artificial intelligence (AI) company focused on medical diagnostics for faster and more ...

5 months ago - GlobeNewsWire

Spectral AI Adds Three New Clinical Trial Sites To Expedite Emergency Department Patient Enrollment

DALLAS, July 23, 2024 (GLOBE NEWSWIRE) -- Spectral AI, Inc. (Nasdaq: MDAI) (“Spectral AI” or the “Company”), an artificial intelligence (AI) company focused on medical diagnostics for faster and more ...

5 months ago - GlobeNewsWire