Spectral AI, Inc. (MDAI)

NASDAQ: MDAI · Real-Time Price · USD
1.980
+0.020 (1.02%)
At close: Apr 28, 2026, 4:00 PM EDT
2.000
+0.020 (1.01%)
After-hours: Apr 28, 2026, 7:10 PM EDT
1.02%
Market Cap 63.01M
Revenue (ttm) 19.65M
Net Income (ttm) -7.57M
Shares Out 31.82M
EPS (ttm) -0.29
PE Ratio n/a
Forward PE n/a
Dividend n/a
Ex-Dividend Date n/a
Volume 289,981
Open 1.930
Previous Close 1.960
Day's Range 1.905 - 1.995
52-Week Range 1.130 - 3.210
Beta 0.91
Analysts Strong Buy
Price Target 3.00 (+51.52%)
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]

Industry Medical Devices
Sector Healthcare
Founded 2013
Employees 65
Stock Exchange NASDAQ
Ticker Symbol MDAI
Full Company Profile

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 Statements

Analyst Forecast

According to one analyst, the rating for MDAI stock is "Strong Buy" and the 12-month stock price target is $3.0.

Price Target
$3.0
(51.52% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

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...

3 hours ago - GlobeNewsWire

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...

6 days ago - GlobeNewsWire

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...

8 days ago - GlobeNewsWire

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...

19 days ago - GlobeNewsWire

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...

20 days ago - GlobeNewsWire

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.

5 weeks ago - Transcripts

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 ...

5 weeks ago - GlobeNewsWire

Spectral AI Stock Jumps After $31.7 Million Funding Award

Spectral AI Inc (NASDAQ:MDAI) stock is trading higher Thursday morning after the medical diagnostics company said it received $31.7 million in new funding from the Biomedical Advanced Research and Dev...

5 weeks ago - Benzinga

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...

5 weeks ago - GlobeNewsWire

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...

7 weeks ago - GlobeNewsWire

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 ...

2 months ago - GlobeNewsWire

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 ...

3 months ago - GlobeNewsWire

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 ...

5 months ago - GlobeNewsWire

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.

6 months ago - Transcripts

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...

6 months ago - GlobeNewsWire

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 ...

6 months ago - GlobeNewsWire

Spectral AI raises $7.6 Million of Additional Growth Capital

DALLAS, Oct. 23, 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 ...

6 months ago - GlobeNewsWire

Spectral AI Named to TIME's List of World's Top HealthTech Companies 2025

DALLAS, Sept. 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...

7 months ago - GlobeNewsWire

DeepView® System highlighted at the European Burns Association Congress

DALLAS, Sept. 10, 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...

8 months ago - GlobeNewsWire

Spectral AI Earnings Call Transcript: Q2 2025

Q2 2025 saw a major FDA submission milestone, improved cash position, and reduced expenses, though revenue and gross margin declined year-over-year. Commercialization planning is underway, with FDA clearance expected in H1 2026 and continued BARDA support.

9 months ago - Transcripts

Spectral AI Announces 2025 Second Quarter Financial Results

Q2 Overview Research & Development Revenue of $5.1 Million, total revenue for the first half of 2025 of $11.8 Million Strong Cash position of $10.5 Million Submission of De Novo application to FDA com...

9 months ago - GlobeNewsWire

Spectral AI Schedules 2025 Second Quarter Financial Results and Conference Call

DALLAS, July 30, 2025 (GLOBE NEWSWIRE) -- Spectral AI (NASDAQ: MDAI) (“Spectral AI” or the “Company”), developer of the AI-driven DeepView® System and focused on medical diagnostics for faster and mor...

9 months ago - GlobeNewsWire

Spectral AI Announces Submission to FDA of its DeepView® System

DALLAS, June 30, 2025 (GLOBE NEWSWIRE) -- Spectral AI (NASDAQ: MDAI) (“Spectral AI” or the “Company”), developer of the AI-driven DeepView® System, which received Breakthrough Device Designation from ...

10 months ago - GlobeNewsWire

DeepView® System highlighted at the annual British Burn Association conference

DALLAS, June 10, 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 ...

11 months ago - GlobeNewsWire

Spectral AI Announces Appointment of Stanley Micek as Chief Operating Officer

DALLAS, May 30, 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 a...

11 months ago - GlobeNewsWire