MultiSensor AI (NASDAQ:MSAI – Get Free Report) announced its quarterly earnings data on Thursday. The company reported ($1.19) earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of ($1.20) by $0.01, FiscalAI reports. MultiSensor AI had a negative net margin of 162.60% and a negative return on equity of 48.87%. The firm had revenue of $1.70 million during the quarter, compared to analysts’ expectations of $2.10 million.
MultiSensor AI Stock Up 3.4%
MSAI stock traded up $0.19 during midday trading on Thursday, hitting $5.77. The company’s stock had a trading volume of 97,706 shares, compared to its average volume of 138,433. MultiSensor AI has a 12 month low of $4.40 and a 12 month high of $96.00. The company has a 50 day moving average of $5.27 and a two-hundred day moving average of $7.76. The firm has a market capitalization of $11.65 million, a price-to-earnings ratio of -0.68 and a beta of -0.24.
Wall Street Analyst Weigh In
Several research analysts recently weighed in on the stock. Wall Street Zen raised shares of MultiSensor AI to a “hold” rating in a report on Saturday, April 18th. Weiss Ratings reissued a “sell (e+)” rating on shares of MultiSensor AI in a report on Wednesday, June 24th. One equities research analyst has rated the stock with a Strong Buy rating, one has issued a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, the company has an average rating of “Hold” and a consensus target price of $120.00.
Hedge Funds Weigh In On MultiSensor AI
Several hedge funds have recently modified their holdings of the stock. Hudson Bay Capital Management LP purchased a new position in shares of MultiSensor AI during the fourth quarter valued at about $352,000. Bleichroeder LP grew its holdings in MultiSensor AI by 74.6% during the 4th quarter. Bleichroeder LP now owns 1,222,493 shares of the company’s stock valued at $352,000 after buying an additional 522,493 shares in the last quarter. Ghisallo Capital Management LLC bought a new stake in MultiSensor AI in the 4th quarter worth approximately $72,000. Jane Street Group LLC purchased a new stake in shares of MultiSensor AI during the 4th quarter worth approximately $58,000. Finally, Geode Capital Management LLC boosted its position in shares of MultiSensor AI by 44.6% during the 4th quarter. Geode Capital Management LLC now owns 403,492 shares of the company’s stock valued at $116,000 after acquiring an additional 124,413 shares during the last quarter. Hedge funds and other institutional investors own 82.32% of the company’s stock.
MultiSensor AI Company Profile
MultiSensor AI, Inc (NASDAQ: MSAI) is a United States–based technology company that develops advanced biometric and sensor fusion solutions. The company leverages artificial intelligence to integrate multiple sensing modalities, delivering enhanced authentication and security capabilities for applications where reliable identity verification is essential.
Its product portfolio includes modular fingerprint and multi-sensor platforms paired with proprietary AI-driven algorithms designed to provide secure, accurate user authentication.
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