Spectral AI, Inc. (MDAI)
NASDAQ: MDAI · IEX Real-Time Price · USD
1.740
-0.020 (-1.14%)
At close: Jul 19, 2024, 4:00 PM
1.750
+0.010 (0.57%)
Pre-market: Jul 22, 2024, 7:28 AM EDT

Spectral AI Stock Forecast

Stock Price Forecast

The 2 analysts with 12-month price forecasts for Spectral AI stock have an average target of 3.75, with a low estimate of 3.50 and a high estimate of 4.00. The average target predicts an increase of 115.52% from the current stock price of 1.74.

Analyst Consensus: Strong Buy
Target Low Average Median High
Price $3.50 $3.75 $4.00 $4.00
Change +101.15% +115.52% +129.89% +129.89%

Analyst Ratings

The average analyst rating for Spectral AI stock from 2 stock analysts 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 May '24Jun '24Jul '24
Strong Buy 112
Buy 000
Hold 000
Sell 000
Strong Sell 000
Total 112

Latest Forecasts

Analyst Firm Rating Rating Action Price Target Upside Date
HC Wainwright & Co.
HC Wainwright & Co.
Strong Buy
Initiates
$3.5
Strong Buy Initiates $3.5 +101.15% Jul 18, 2024
BTIG
BTIG
Strong Buy
Initiates
$4
Strong Buy Initiates $4 +129.89% Jan 23, 2024
More Analyst Ratings

Financial Forecast

Revenue This Year
28.76M
from 18.06M
Increased by 59.30%
Revenue Next Year
29.73M
from 28.76M
Increased by 3.37%
EPS This Year
-0.66
from -1.48
EPS Next Year
-0.86
from -0.66
Year 20212022202320242025202620272028
Revenue
15.24M25.37M18.06M28.76M29.73M28.31M78.60M95.74M
Revenue Growth
-66.47%-28.82%59.30%3.37%-4.80%177.69%21.80%
EPS
-0.05-0.22-1.48-0.66-0.86-1.150.190.28
EPS Growth
-------42.11%
Forward PE
------8.986.32
No. Analysts ---44433
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 20242025202620272028
High 29.8M 34.8M 49.9M 91.9M 110.3M
Avg 28.8M 29.7M 28.3M 78.6M 95.7M
Low 27.4M 24.7M 7.8M 65.3M 81.0M

Revenue Growth

Revenue Growth 20242025202620272028
High
65.2%
20.8%
67.7%
224.7%
40.3%
Avg
59.3%
3.4%
-4.8%
177.7%
21.8%
Low
52.0%
-14.1%
-73.6%
130.6%
3.1%

EPS Forecast

EPS 20242025202620272028
High -0.40 -0.24 -0.06 0.20 0.28
Avg -0.66 -0.86 -1.15 0.19 0.28
Low -0.89 -1.43 -2.15 0.19 0.26

EPS Growth

EPS Growth 20242025202620272028
High - - - -
46.3%
Avg - - - -
42.1%
Low - - - -
36.5%
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.