Zacks Research Forecasts Spectral AI Q2 Earnings

Spectral AI, Inc. (NASDAQ:MDAI) – Equities researchers at Zacks Research issued their Q2 2026 earnings estimates for Spectral AI in a research report issued to clients and investors on Thursday, May 14th. Zacks Research analyst J. Vandermosten forecasts 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.

Several other brokerages have also issued reports on MDAI. Weiss Ratings lowered shares of Spectral AI from a “sell (d-)” rating to a “sell (e+)” rating in a research report on Wednesday, May 6th. BTIG Research restated a “buy” rating and set a $3.00 target price on shares of Spectral AI in a research report on Wednesday, March 25th. One investment analyst has rated the stock with a Buy rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus price target of $3.00.

Spectral AI Stock Down 7.8%

Shares of MDAI stock opened at $2.24 on Tuesday. The company has a 50 day moving average price of $1.75 and a 200-day moving average price of $1.65. Spectral AI has a 52 week low of $1.18 and a 52 week high of $3.21. The firm has a market capitalization of $71.28 million, a PE ratio of -4.23 and a beta of 1.16.

Spectral AI (NASDAQ:MDAI) last announced its quarterly earnings results on Tuesday, May 12th. The company reported ($0.11) EPS for the quarter, hitting analysts’ consensus estimates of ($0.11). The company had revenue of $3.99 million during the quarter, compared to the consensus estimate of $4.13 million.

Institutional Trading of Spectral AI

Large investors have recently added to or reduced their stakes in the business. Raymond James Financial Inc. lifted its holdings 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 position in Spectral AI during the second quarter valued at approximately $74,000. Virtu Financial LLC purchased a new position in Spectral AI during the fourth quarter valued at approximately $75,000. Marshall Wace LLP purchased a new position in Spectral AI during the second quarter valued at approximately $104,000. Finally, State Street Corp lifted its holdings in Spectral AI by 90.9% during the fourth quarter. State Street Corp now owns 75,600 shares of the company’s stock valued at $107,000 after purchasing an additional 36,000 shares in the last quarter. 67.08% of the stock is currently owned by institutional investors.

Spectral AI Company Profile

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.