Zacks Research Forecasts Spectral AI Q2 Earnings

Spectral AI, Inc. (NASDAQ:MDAI) – Equities research analysts at Zacks Research issued their Q2 2026 EPS estimates for Spectral AI in a research note issued on Thursday, May 14th. Zacks Research analyst J. Vandermosten anticipates that the company will post earnings of ($0.16) per share for the quarter. The consensus estimate for Spectral AI’s current full-year earnings is ($0.47) per share. Zacks Research also issued estimates for Spectral AI’s Q3 2026 earnings at ($0.15) EPS, Q4 2026 earnings at ($0.14) EPS, FY2026 earnings at ($0.56) EPS and FY2027 earnings at ($0.28) EPS.

Spectral AI (NASDAQ:MDAI) last issued its quarterly earnings results on Tuesday, May 12th. The company reported ($0.11) earnings per share for the quarter, meeting the consensus estimate of ($0.11). The firm had revenue of $3.99 million for the quarter, compared to analysts’ expectations of $4.13 million.

MDAI has been the topic of several other research reports. Weiss Ratings downgraded shares of Spectral AI from a “sell (d-)” rating to a “sell (e+)” rating in a report on Wednesday, May 6th. BTIG Research reissued a “buy” rating and issued a $3.00 target price on shares of Spectral AI in a report on Wednesday, March 25th. One research analyst has rated the stock with a Buy rating and one has given a Sell rating to the company’s stock. According to MarketBeat, the company currently has an average rating of “Hold” and a consensus price target of $3.00.

Spectral AI Stock Performance

MDAI stock opened at $2.24 on Tuesday. Spectral AI has a one year low of $1.18 and a one year high of $3.21. The company’s fifty day moving average price is $1.75 and its 200-day moving average price is $1.65. The company has a market capitalization of $71.28 million, a PE ratio of -4.23 and a beta of 1.16.

Institutional Investors Weigh In On Spectral AI

Hedge funds have recently bought and sold shares of the business. Raymond James Financial Inc. raised its stake in Spectral AI by 1,180.0% during the third quarter. Raymond James Financial Inc. now owns 12,800 shares of the company’s stock valued at $29,000 after purchasing an additional 11,800 shares in the last quarter. Jane Street Group LLC purchased a new stake in Spectral AI during the second quarter valued at $74,000. Marshall Wace LLP purchased a new stake in Spectral AI during the second quarter valued at $104,000. XTX Topco Ltd purchased a new stake in Spectral AI during the second quarter valued at $123,000. Finally, Virtu Financial LLC purchased a new stake in Spectral AI during the fourth quarter valued at $75,000. Hedge funds and other institutional investors own 67.08% of the company’s stock.

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.