Stocktoria

Spectral AI, Inc. MDAI

Nasdaq · stock · Surgical & Medical Instruments & Apparatus · website · IPO 2021-02-12

Spectral AI, Inc. (MDAI) earns a Piotroski F-score of 3/9 (weak financial health), with an Altman Z″ in the distress zone. It does not currently pay a dividend. FY2025 revenue was $19.6M at a -38.5% net margin.

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15/100
Stocktoria Quality Score · grade D
3/9
Piotroski F — financial health
-11.78
Altman Z″ — distress risk · distress
Dividend yield · no dividend
-2.3
Beneish M-score — earnings quality · low

Quality score trend · recomputed for each fiscal year

Piotroski F /9
2 3 4 3 2022202320242025
Altman Z″
2.81 -19.87 -11.78 2022202320242025

Each year's score is computed from that year's filing — a rising Piotroski F or Altman Z″ means improving financial health, a fall is worth a look.

$1.57 as of 2026-08-01 · -18.7% 1y
$1.40$2.2852-wk

Beneish M-score: -2.3 — low (below −2.22 — no manipulation red flag) . A statistical screen for earnings manipulation, not proof — and it doesn't apply to most banks/insurers.

Market cap USD$54M
Net margin 5y avg-54.2%
Return on equity 5y avg-19.9%
Beta1.15
Employees65

Analyst price target

$5.42 +245% vs last
· 3 analysts
target range $4.00 – $6.25

Wall Street analyst consensus — a sentiment gauge, not our scoring.

Revenue trend · last 4y · down

How it ranks in Manufacturing · percentile among 1957 companies

Piotroski Fstronger than 27%
Net marginstronger than 30%
Revenue growthstronger than 6%

Percentile vs other Manufacturing companies we cover — e.g. “stronger than 90%” means only 10% score higher on that measure.

Piotroski F breakdown · 3/9 tests passed

Altman Z″ components · distress zone

ComponentValue
Working capital / assets-0.055
Retained earnings / assets-2.607
EBIT / assets-0.402
Equity / liabilities-0.211

Sector peers · similar-size Manufacturing companies compare side by side →

TickerCompanyPiotroski FAltman Z″P / ERevenue growth
MDAISpectral AI, Inc.3/9-11.78-33.6%
SNOASonoma Pharmaceuticals, Inc.2/9+36.7%
NEPHNEPHROS INC6/932.8+32.7%
VVOSVivos Therapeutics, Inc.2/9+16%
DRIODarioHealth Corp.3/9-12.4-17.3%
BDMDBaird Medical Investment Holdings Ltd1/90.49-39.2%
PROFProfound Medical Corp.5/9-3.44+50.7%

All Manufacturing companies →

About Spectral AI, Inc.

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 decision regarding the treatment of the patient's wounds. Its system also develops AI-Burn software and MSI imaging technology, which consists of proprietary multi-spectral optics and sensors that capture injured tissue images. Spectral AI, Inc. is headquartered in Dallas, Texas.

FAQ

Is MDAI financially healthy?

Spectral AI, Inc.'s Piotroski F-score is 3/9 (8–9 is excellent, 0–3 weak), and its Altman Z″ distress score is in the distress zone.

Does MDAI pay a dividend?

No, Spectral AI, Inc. does not currently pay a dividend.

How profitable is MDAI?

In FY2025, Spectral AI, Inc. had a net margin of -38.5%.

What is the analyst price target for MDAI?

The average Wall-Street price target for Spectral AI, Inc. is $5.42, about 245.0% above the recent price, from 3 analysts.

Is MDAI a good stock to buy?

Stocktoria doesn't give buy or sell advice, but here is the data on Spectral AI, Inc.: a Piotroski F-score of 3/9, an Altman Z″ in the distress zone. Weigh these quality and valuation signals against your own goals.

Computed from company filings · US · as of 2025-12-31. Facts plus Stocktoria's own computed scores — not investment advice.