Spectral AI, Inc. (MDAI)

NASDAQ: MDAI · Real-Time Price · USD
1.010
-0.030 (-2.88%)
At close: Oct 2, 2024, 4:00 PM
1.014
+0.004 (0.39%)
After-hours: Oct 2, 2024, 5:42 PM EDT
-2.88%
Market Cap 17.78M
Revenue (ttm) 22.53M
Net Income (ttm) -20.24M
Shares Out 17.61M
EPS (ttm) -1.26
PE Ratio n/a
Forward PE n/a
Dividend n/a
Ex-Dividend Date n/a
Volume 116,888
Open 1.040
Previous Close 1.040
Day's Range 1.010 - 1.070
52-Week Range 0.824 - 4.680
Beta 0.56
Analysts Strong Buy
Price Target 4.50 (+345.55%)
Earnings Date Nov 11, 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 345.55% from the latest price.

Price Target
$4.5
(345.55% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

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...

8 days 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...

15 days 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 ...

22 days 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...

27 days 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 ...

5 weeks 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

5 weeks 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 ...

6 weeks 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...

7 weeks 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....

7 weeks 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

2 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 ...

2 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 ...

2 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 ...

2 months ago - GlobeNewsWire

Spectral AI Announces Collaboration with Global Wound Care Company PolyNovo to Introduce DeepView System for Burn Indication to Australian Market

DALLAS, July 08, 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 Expands Clinical Trial Sites for Pivotal U.S. Burn Study

DALLAS, July 03, 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 Achieves 100% Pediatric Enrollment in Burn Centers for Pivotal U.S. Burn Study

DALLAS, July 02, 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 Joins Russell Microcap® Index

DALLAS, July 01, 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 Surpasses 90% of Pediatric Enrollment Target in Burn Centers for Pivotal U.S. Burn Study

DALLAS, June 27, 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 the Northland Capital Markets Virtual Growth Conference

DALLAS, June 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

Spectral AI Reaches 50% Enrollment at Burn Centers for U.S. Pivotal Burn Study

DALLAS, June 06, 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 Set to Join Russell Microcap® Index

DALLAS, May 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 a...

4 months ago - GlobeNewsWire

Spectral AI to Participate in Benzinga's “AI Unleashed: Exploring the Possibilities” Virtual Event

DALLAS, May 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 a...

4 months ago - GlobeNewsWire

Spectral AI Announces Purchases of Over 100,000 Shares by Insiders

DALLAS, May 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 a...

4 months ago - GlobeNewsWire

Spectral AI Announces Voting Results from 2024 Annual Meeting of Stockholders and the Appointment of Erich Spangenberg to the Board of Directors

DALLAS, May 15, 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 a...

5 months ago - GlobeNewsWire

Spectral AI, Inc. (MDAI) Q1 2024 Earnings Call Transcript

Spectral AI, Inc. (NASDAQ:MDAI) Q1 2024 Earnings Conference Call May 7, 2024 5:00 PM ET Company Participants Devin Sullivan - Managing Director, The Equity Group, Inc. Peter Carlson - CEO Vincent Cap...

5 months ago - Seeking Alpha