Spectral AI, Inc. (MDAI)
| Market Cap | 73.51M +129.5% |
| Revenue (ttm) | 19.65M -33.6% |
| Net Income | -7.57M |
| EPS | -0.29 |
| Shares Out | 31.82M |
| PE Ratio | n/a |
| Forward PE | n/a |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 504,747 |
| Open | 2.270 |
| Previous Close | 2.250 |
| Day's Range | 2.200 - 2.360 |
| 52-Week Range | 1.130 - 3.210 |
| Beta | 1.16 |
| Analysts | Strong Buy |
| Price Target | 3.00 (+29.87%) |
| Earnings Date | May 12, 2026 |
About MDAI
Spectral AI, Inc., an artificial intelligence (AI) company, focuses on predictive medical diagnostics in the United States. The company offers DeepView System, which uses proprietary AI algorithms to distinguish between fully damaged, partially damaged, and healthy human tissue characteristics invisible to the naked eye at the initial time point of wound presentation and delivers a binary prediction on the wounds capacity to heal by a specified time point in the future to assist the physician in making a more accurate, timely, and informed deci... [Read more]
Financial Performance
In 2025, Spectral AI's revenue was $19.65 million, a decrease of -33.57% compared to the previous year's $29.58 million. Losses were -$7.57 million, -50.05% less than in 2024.
Financial StatementsAnalyst Summary
According to one analyst, the rating for MDAI stock is "Strong Buy" and the 12-month stock price target is $3.0.
News
Spectral AI Wins Small Business Innovator Award at Inaugural Texas Innovation Conference
DALLAS, April 30, 2026 (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...
Spectral AI Schedules 2026 First Quarter Financial Results and Conference Call
DALLAS, April 28, 2026 (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...
Spectral AI's DeepView® System Showcased at 2026 American Burn Association Annual Meeting
DALLAS, April 22, 2026 (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...
Spectral AI Announces Annual Meeting of Stockholders
DALLAS, April 20, 2026 (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...
Spectral AI to Feature DeepView® System at 2026 American Burn Association Annual Meeting
DALLAS, April 09, 2026 (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...
Spectral AI appoints David McGuire as CFO
Spectral AI (MDAI) announced the appointment of David McGuire as the company’s CFO, effective May 4. Prior to joining Spectral AI, he served as the chief accounting officer of Solo
Spectral AI Names David McGuire, CPA, as Chief Financial Officer
DALLAS, April 08, 2026 (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...
Spectral AI Earnings Call Transcript: Q4 2025
2025 saw major milestones, including a pivotal FDA submission, strong BARDA support, and improved financials. 2026 revenue is forecast at $18.5M, with commercialization and significant sales growth expected in 2027–2028.
Spectral AI reports Q4 EPS 2c with items, consensus (14c)
Reports Q4 revenue $3.8M, consensus $2.92M. Q4 EPS included a $4.0M gain in the fair value of the Company’s warrant liability. “2025 was a pivotal year for Spectral AI (MDAI),
Spectral AI sees FY26 revenue $18.5M, consensus $14.08M
FY26 revenue view reflects the continued development of the Company’s DeepView System through the BARDA PBS Contract. This guidance does not include any material contributions from the sale of the
Spectral AI Announces 2025 Fourth Quarter and Full Year Financial Results and Introduces Revenue Guidance for 2026
Overview Full Year Research & Development Revenue of $19.7 Million; Q4 2025 Revenue of $3.8 Million Cash Rose to $15.4 Million at December 31, 2025 DALLAS, March 24, 2026 (GLOBE NEWSWIRE) -- Spectral ...
Spectral AI receives $31.7M in funding from BARDA for DeepView System
Spectral AI (MDAI) announced that it has received $31.7M in funding from the Biomedical Advanced Research and Development Authority, or BARDA, to accelerate and support additional feature aspects for ...
Spectral AI Awarded $31.7 Million of BARDA Funding to Accelerate Development of the DeepView® System
DALLAS, March 18, 2026 (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...
Spectral AI Schedules 2025 Fourth Quarter and Full Year Financial Results and Conference Call
DALLAS, March 10, 2026 (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...
Spectral AI appoints Capone as CEO
Spectral AI (MDAI) announced that the Company’s Board of Directors has appointed Vincent Capone as Chief Executive Officer of the Company, effective February 9, 2026. The appointment of Capone, who
Spectral AI Names Vincent S. Capone as Chief Executive Officer
DALLAS, Feb. 10, 2026 (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 ...
Spectral AI to Participate in National Burn Awareness Week 2026 February 1–7, 2026
DALLAS, Feb. 02, 2026 (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 ...
Spectral AI says DeepView system featured at 2025 U.S. Burn Conferences
Spectral AI (MDAI) announced its role at the Southern Region Burn Conference, held from October 30th – November 2nd in Charleston, South Carolina. The Company was featured in multiple presentations,
DeepView™ System Featured at 2025 US Burn Conferences
DALLAS, Nov. 19, 2025 (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 ...
Spectral AI Earnings Call Transcript: Q3 2025
Q3 2025 saw reduced revenue and higher net loss due to lower BARDA contract activity and increased expenses, but cash reserves remain strong following a $7.6M capital raise. FDA clearance for DeepView System is on track for H1 2026, with commercialization preparations and international expansion progressing.
Spectral AI reports Q3 EPS (13c), consensus (9c)
Reports Q3 revenue $3.79M, consensus $5.06M. “Spectral AI (MDAI) continues to maintain operational efficiency and strengthen our cash reserves as we progressed towards our commercialization milestones...
Spectral AI Announces 2025 Third Quarter Financial Results
Q3 Overview Research & Development Revenue of $3.8 Million; $15.6 Million in YTD Revenue for 2025 Strong Cash position of $10.5 Million and progress toward FDA De Novo submission DALLAS, Nov. 11, 2025...
Spectral AI files to sell 4.99M shares of common stock for holders
17:27 EDT Spectral AI (MDAI) files to sell 4.99M shares of common stock for holders
Spectral AI Schedules 2025 Third Quarter Financial Results and Conference Call
DALLAS, Oct. 28, 2025 (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 ...
Spectral AI prices 4M shares at $1.90 in offering
Spectral AI (MDAI) announced the pricing of a $7.6 million offering. The offering will provide the Company with additional growth capital for the continued expansion and development of its DeepView