Spectral AI, Inc. (MDAI)

NASDAQ: MDAI · Real-Time Price · USD
1.405
-0.005 (-0.35%)
Mar 26, 2025, 9:47 AM EDT - Market open
-0.35%
Market Cap 27.41M
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 94,079
Open 1.440
Previous Close 1.410
Day's Range 1.385 - 1.440
52-Week Range 0.824 - 3.250
Beta 0.42
Analysts Strong Buy
Price Target 4.75 (+238.08%)
Earnings Date May 6, 2025

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 2 analysts, the average rating for MDAI stock is "Strong Buy." The 12-month stock price forecast is $4.75, which is an increase of 238.08% from the latest price.

Price Target
$4.75
(238.08% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

Spectral AI Raises up to $15 Million of Debt Financing and Strengthens Financial Position for U.S. Commercialization

DALLAS, March 24, 2025 (GLOBE NEWSWIRE) -- Spectral AI, Inc. (NASDAQ: MDAI) ("Spectral AI" or the "Company"), a leading developer of the AI-driven DeepView® System, which uses multi-spectral imaging a...

2 days ago - GlobeNewsWire

Spectral AI Announces Public Filing of Registration Statement for Proposed Initial Public Offering of Spectral IP

DALLAS, March 20, 2025 (GLOBE NEWSWIRE) -- Spectral AI (NASDAQ: MDAI) (“Spectral AI” or the “Company”), developer of the AI-driven DeepView® System, which received Breakthrough Device Designation from...

5 days ago - GlobeNewsWire

Spectral AI Announces Successful Results from its Burn Validation Study of the DeepView System

DALLAS, March 17, 2025 (GLOBE NEWSWIRE) -- Spectral AI (NASDAQ: MDAI) (“Spectral AI” or the “Company”), developer of the AI-driven DeepView® System, that uses multi-spectral imaging and AI algorithms ...

9 days ago - GlobeNewsWire

Spectral AI Completes Three Device Installations in Australia

DALLAS, March 06, 2025 (GLOBE NEWSWIRE) -- Spectral AI (NASDAQ: MDAI) (“Spectral AI” or the “Company”), developer of the AI-driven DeepView® System, which received Breakthrough Device Designation from...

19 days ago - GlobeNewsWire

CORRECTION: Spectral AI Schedules 2024 Fourth Quarter and Full Year Financial Results and Conference Call

DALLAS, Feb. 28, 2025 (GLOBE NEWSWIRE) -- In a release issued under the same headline earlier today by Spectral AI, Inc. (NASDAQ: MDAI), the reporting date of the financial results for the fourth quar...

25 days ago - GlobeNewsWire

Spectral AI Completes Data Analysis for U.S. Burn Pivotal Study

DALLAS, Feb. 07, 2025 (GLOBE NEWSWIRE) -- Spectral AI (NASDAQ: MDAI) (“Spectral AI” or the “Company”), developer of the AI-driven DeepView® System, which received Breakthrough Device Designation from ...

6 weeks ago - GlobeNewsWire

Spectral AI Completes Pediatric Enrollment in Emergency Departments for U.S. Burn Pivotal Study

DALLAS, Jan. 28, 2025 (GLOBE NEWSWIRE) -- Spectral AI (NASDAQ: MDAI) (“Spectral AI” or the “Company”), developer of the AI-driven DeepView® System, which received Breakthrough Device Designation from ...

2 months ago - GlobeNewsWire

Spectral AI Provides Update to Investors

DALLAS, Jan. 22, 2025 (GLOBE NEWSWIRE) -- Spectral AI (NASDAQ: MDAI) (“Spectral AI” or the “Company”), developer of the AI-driven DeepView® System, which received Breakthrough Device Designation from ...

2 months ago - GlobeNewsWire

Spectral AI Provides Instructions for Retail Investors on Exercising Publicly-Traded Warrants

DALLAS, Dec. 31, 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 ...

3 months ago - GlobeNewsWire

Spectral AI Announces Confirmation of Compliance of its Nasdaq Listing Requirements

DALLAS, Dec. 23, 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 ...

3 months ago - GlobeNewsWire

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 ...

3 months 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 ...

3 months 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 ...

4 months 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 ...

4 months 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 months 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...

4 months 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

4 months 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

5 months 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 ...

5 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 ...

5 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 ...

5 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...

6 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...

6 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...

6 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 ...

7 months ago - GlobeNewsWire