Northland Securities Forecasts Spectral AI Q2 Earnings

Spectral AI, Inc. (NASDAQ:MDAI) – Equities researchers at Northland Securities issued their Q2 2026 earnings per share estimates for shares of Spectral AI in a report released on Monday, July 27th. Northland Securities analyst L. Horton expects that the company will earn ($0.11) per share for the quarter. Northland Securities currently has a “Strong-Buy” rating on the stock. The consensus estimate for Spectral AI’s current full-year earnings is ($0.56) per share. Northland Securities also issued estimates for Spectral AI’s Q3 2026 earnings at ($0.11) EPS, Q4 2026 earnings at ($0.12) EPS, FY2026 earnings at ($0.45) EPS and FY2027 earnings at ($0.43) EPS.

Spectral AI (NASDAQ:MDAI) last released its quarterly earnings results on Tuesday, May 12th. The company reported ($0.11) earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates of ($0.11). The company had revenue of $3.99 million during the quarter, compared to analyst estimates of $4.12 million.

MDAI has been the subject of a number of other research reports. Weiss Ratings raised shares of Spectral AI from a “sell (e+)” rating to a “sell (d-)” rating in a research note on Monday, June 29th. BTIG Research increased their price objective on Spectral AI from $3.00 to $4.00 and gave the company a “buy” rating in a research note on Tuesday, May 26th. One research analyst has rated the stock with a Strong Buy rating, one has given a Buy rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average target price of $4.00.

Spectral AI Stock Performance

NASDAQ:MDAI opened at $1.56 on Wednesday. The stock has a market capitalization of $49.64 million, a PE ratio of -2.94 and a beta of 1.17. Spectral AI has a fifty-two week low of $1.18 and a fifty-two week high of $2.97. The company has a fifty day moving average of $1.87 and a two-hundred day moving average of $1.75.

Institutional Trading of Spectral AI

Several institutional investors have recently modified their holdings of the stock. Raymond James Financial Inc. boosted 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 in the last quarter. Bridgeway Capital Management LLC boosted its stake in Spectral AI by 14.4% in the third 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 in the last quarter. Geode Capital Management LLC grew its holdings in shares of Spectral AI by 21.8% during the second quarter. Geode Capital Management LLC now owns 152,958 shares of the company’s stock worth $379,000 after purchasing an additional 27,365 shares during the last quarter. Jane Street Group LLC acquired a new stake in shares of Spectral AI during the second quarter worth about $74,000. Finally, State Street Corp boosted its stake in Spectral AI by 90.9% during the 4th 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. Hedge funds and other institutional investors own 67.08% of the company’s stock.

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.