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Spectral AI (MDAI) Competitors

$1.66
+0.03 (+1.84%)
(As of 05/31/2024 ET)

MDAI vs. BWAY, BLUA, KRMD, SRTS, HSAQ, ALUR, PDEX, NVNO, MGRM, and NSPR

Should you be buying Spectral AI stock or one of its competitors? The main competitors of Spectral AI include BrainsWay (BWAY), BlueRiver Acquisition (BLUA), KORU Medical Systems (KRMD), Sensus Healthcare (SRTS), Health Sciences Acquisitions Co. 2 (HSAQ), Allurion Technologies (ALUR), Pro-Dex (PDEX), enVVeno Medical (NVNO), Monogram Orthopaedics (MGRM), and InspireMD (NSPR). These companies are all part of the "surgical & medical instruments" industry.

Spectral AI vs.

Spectral AI (NASDAQ:MDAI) and BrainsWay (NASDAQ:BWAY) are both small-cap medical companies, but which is the better stock? We will compare the two companies based on the strength of their earnings, risk, institutional ownership, media sentiment, profitability, dividends, community ranking, analyst recommendations and valuation.

Spectral AI has a beta of 0.61, meaning that its stock price is 39% less volatile than the S&P 500. Comparatively, BrainsWay has a beta of 1.18, meaning that its stock price is 18% more volatile than the S&P 500.

BrainsWay has higher revenue and earnings than Spectral AI.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Spectral AI$18.06M1.61-$20.85MN/AN/A
BrainsWay$31.78M3.30-$4.20M-$0.13-48.38

BrainsWay received 61 more outperform votes than Spectral AI when rated by MarketBeat users. However, 100.00% of users gave Spectral AI an outperform vote while only 64.58% of users gave BrainsWay an outperform vote.

CompanyUnderperformOutperform
Spectral AIOutperform Votes
1
100.00%
Underperform Votes
No Votes
BrainsWayOutperform Votes
62
64.58%
Underperform Votes
34
35.42%

In the previous week, Spectral AI had 2 more articles in the media than BrainsWay. MarketBeat recorded 6 mentions for Spectral AI and 4 mentions for BrainsWay. BrainsWay's average media sentiment score of 1.53 beat Spectral AI's score of 0.51 indicating that BrainsWay is being referred to more favorably in the news media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Spectral AI
2 Very Positive mention(s)
0 Positive mention(s)
2 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
BrainsWay
2 Very Positive mention(s)
0 Positive mention(s)
0 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Very Positive

Spectral AI has a net margin of 0.00% compared to BrainsWay's net margin of -4.83%. Spectral AI's return on equity of 0.00% beat BrainsWay's return on equity.

Company Net Margins Return on Equity Return on Assets
Spectral AIN/A N/A -108.45%
BrainsWay -4.83%-3.98%-2.68%

67.1% of Spectral AI shares are held by institutional investors. Comparatively, 30.1% of BrainsWay shares are held by institutional investors. 56.7% of Spectral AI shares are held by insiders. Comparatively, 19.0% of BrainsWay shares are held by insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a company is poised for long-term growth.

Spectral AI presently has a consensus target price of $4.00, suggesting a potential upside of 140.96%. BrainsWay has a consensus target price of $13.00, suggesting a potential upside of 106.68%. Given Spectral AI's stronger consensus rating and higher possible upside, equities analysts plainly believe Spectral AI is more favorable than BrainsWay.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Spectral AI
0 Sell rating(s)
0 Hold rating(s)
1 Buy rating(s)
0 Strong Buy rating(s)
3.00
BrainsWay
0 Sell rating(s)
1 Hold rating(s)
2 Buy rating(s)
0 Strong Buy rating(s)
2.67

Summary

Spectral AI and BrainsWay tied by winning 8 of the 16 factors compared between the two stocks.

New MarketBeat Followers Over Time

This chart shows the number of new MarketBeat users adding MDAI and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
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Media Sentiment Over Time

This chart shows the average media sentiment of NASDAQ and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
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MDAI vs. The Competition

MetricSpectral AISurgical & medical instruments IndustryMedical SectorNASDAQ Exchange
Market Cap$29.02M$3.86B$5.12B$7.96B
Dividend YieldN/A1.82%2.75%4.01%
P/E RatioN/A16.07167.0318.57
Price / Sales1.6171.072,426.9791.71
Price / CashN/A48.1735.2031.51
Price / Book-13.835.075.534.59
Net Income-$20.85M$4.50M$106.01M$213.90M
7 Day Performance2.47%1.27%1.14%0.87%
1 Month Performance-3.49%0.10%1.43%3.60%
1 Year PerformanceN/A-17.03%4.07%7.91%

Spectral AI Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
BWAY
BrainsWay
3.672 of 5 stars
$6.15
-6.3%
$13.00
+111.4%
+261.5%$102.40M$31.78M-47.31134Short Interest ↓
Positive News
Gap Up
BLUA
BlueRiver Acquisition
0 of 5 stars
$11.10
+0.2%
N/AN/A$96.90MN/A0.003
KRMD
KORU Medical Systems
3.0153 of 5 stars
$2.08
-1.4%
$3.50
+68.3%
-42.0%$95.18M$28.52M-7.4382Positive News
SRTS
Sensus Healthcare
3.849 of 5 stars
$5.49
-3.0%
$10.00
+82.1%
+99.3%$89.98M$24.41M18.9335Short Interest ↑
HSAQ
Health Sciences Acquisitions Co. 2
0 of 5 stars
$6.67
-4.7%
N/A-57.6%$74.78MN/A0.004
ALUR
Allurion Technologies
2.4541 of 5 stars
$1.54
+2.0%
$5.00
+224.7%
N/A$73.84M$53.47M-0.41501Short Interest ↓
Gap Up
PDEX
Pro-Dex
0 of 5 stars
$20.05
+2.3%
N/A+3.8%$68.57M$46.09M34.57145Short Interest ↓
NVNO
enVVeno Medical
0.4315 of 5 stars
$4.86
+0.8%
N/A+60.6%$64.78MN/A-2.9319Positive News
MGRM
Monogram Orthopaedics
0.2525 of 5 stars
$2.01
+0.5%
N/A-58.3%$63.66M$370,000.00-4.0228Short Interest ↑
Gap Up
NSPR
InspireMD
1.6403 of 5 stars
$2.53
-1.2%
$4.85
+91.7%
+48.6%$63.07M$6.20M-3.3365

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This page (NASDAQ:MDAI) was last updated on 6/2/2024 by MarketBeat.com Staff

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