Spectral AI (NASDAQ:MDAI) Issues Quarterly Earnings Results

Spectral AI (NASDAQ:MDAI) posted its earnings results on Wednesday. The company reported $0.02 EPS for the quarter, beating analysts’ consensus estimates of ($0.12) by $0.14, FiscalAI reports. The business had revenue of $3.85 million during the quarter, compared to analysts’ expectations of $2.92 million.

Spectral AI Stock Down 4.1%

Shares of NASDAQ MDAI opened at $1.65 on Wednesday. The business’s 50 day moving average is $1.53 and its two-hundred day moving average is $1.75. Spectral AI has a 52-week low of $1.04 and a 52-week high of $3.21. The firm has a market cap of $50.64 million, a price-to-earnings ratio of -2.23 and a beta of 0.98.

More Spectral AI News

Here are the key news stories impacting Spectral AI this week:

• Positive Sentiment: Q4 beat — Spectral AI reported EPS of $0.02 versus consensus (−$0.12) and revenue of $3.85M vs. estimates of $2.92M, signaling an earnings surprise that typically supports an uptick in the stock. Earnings Report
• Positive Sentiment: Stronger balance sheet and BARDA funding — Cash rose to $15.4M at year‑end and the company disclosed an additional $31.7M of non‑dilutive BARDA funding to accelerate DeepView® development, reducing near‑term financing risk. Press Release
• Neutral Sentiment: Investor access — The company held its Q4 call and the earnings/analyst transcript is available, which helps transparency but depends on management’s forward commentary for further impact. Earnings Call Transcript
• Neutral Sentiment: Pre‑announcement coverage — Media outlets had flagged the upcoming print; these previews are informational and rarely move the stock absent surprises. Preview Article
• Negative Sentiment: Declining R&D revenue and muted 2026 guidance — R&D revenue fell to $3.8M in Q4 and $19.7M for FY2025 (down from prior year levels). Management guided to ~ $18.5M for 2026 and said that does not include material DeepView product sales, signaling continued dependency on development contracts rather than commercial revenue — a potential headwind for valuation. Financial Results Summary
• Neutral Sentiment: Short‑interest data unclear — Multiple data entries report zero shares/NaN changes in March short interest; current available figures do not indicate meaningful short pressure. (No substantive link provided in filings.)

Institutional Investors Weigh In On Spectral AI

A number of institutional investors have recently modified their holdings of MDAI. Raymond James Financial Inc. raised its holdings in shares of Spectral AI by 1,180.0% in the 3rd quarter. Raymond James Financial Inc. now owns 12,800 shares of the company’s stock valued at $29,000 after buying an additional 11,800 shares during the period. Bridgeway Capital Management LLC boosted its holdings in Spectral AI by 14.4% during the 3rd quarter. Bridgeway Capital Management LLC now owns 199,000 shares of the company’s stock valued at $454,000 after acquiring an additional 25,000 shares during the period. Geode Capital Management LLC grew its position in Spectral AI by 21.8% in the 2nd quarter. Geode Capital Management LLC now owns 152,958 shares of the company’s stock valued at $379,000 after acquiring an additional 27,365 shares in the last quarter. Jane Street Group LLC purchased a new stake in Spectral AI during the second quarter worth about $74,000. Finally, State Street Corp increased its stake in Spectral AI by 90.9% during the fourth quarter. State Street Corp now owns 75,600 shares of the company’s stock worth $107,000 after purchasing an additional 36,000 shares during the period. 67.08% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

A number of brokerages recently issued reports on MDAI. BTIG Research reissued a “buy” rating and set a $3.00 price objective on shares of Spectral AI in a research report on Wednesday. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Spectral AI in a research report on Monday, December 22nd. Two research analysts have rated the stock with a Buy rating and one has given a Sell rating to the company. According to data from MarketBeat.com, Spectral AI has an average rating of “Hold” and a consensus target price of $3.25.

About Spectral AI

Spectral AI, Inc (NASDAQ: MDAI) is a technology company focused on delivering advanced analytics and insights through the application of machine learning to multi-spectral and hyperspectral data. Its core platform ingests imagery from satellites, aerial drones and ground-based sensors, applying proprietary algorithms to identify patterns and anomalies invisible to the naked eye. The company’s solutions are designed to help clients make more informed decisions in areas such as agriculture, environmental monitoring, infrastructure inspection and resource exploration.

The company offers a cloud-native software-as-a-service (SaaS) platform that enables users to visualize and analyze large volumes of spectral data via customizable dashboards.