MultiSensor AI (NASDAQ:MSAI) Announces Earnings Results, Beats Estimates By $0.01 EPS
by Jessica Moore · The Cerbat GemMultiSensor AI (NASDAQ:MSAI – Get Free Report) issued its earnings results on Thursday. The company reported ($1.19) earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of ($1.20) by $0.01, FiscalAI reports. The business had revenue of $1.70 million for the quarter, compared to analysts’ expectations of $2.10 million. MultiSensor AI had a negative net margin of 141.70% and a negative return on equity of 38.07%.
MultiSensor AI Trading Down 9.5%
Shares of NASDAQ MSAI opened at $5.22 on Friday. MultiSensor AI has a 12 month low of $4.40 and a 12 month high of $96.00. The firm has a market capitalization of $10.54 million, a price-to-earnings ratio of -0.93 and a beta of -0.24. The business has a 50-day moving average of $5.29 and a 200-day moving average of $7.69.
Institutional Investors Weigh In On MultiSensor AI
A number of institutional investors and hedge funds have recently bought and sold shares of the stock. Ghisallo Capital Management LLC bought a new stake in shares of MultiSensor AI during the 4th quarter worth $72,000. Bleichroeder LP boosted its holdings in shares of MultiSensor AI by 74.6% in the 4th quarter. Bleichroeder LP now owns 1,222,493 shares of the company’s stock worth $352,000 after purchasing an additional 522,493 shares in the last quarter. Hudson Bay Capital Management LP bought a new position in shares of MultiSensor AI during the 4th quarter valued at about $352,000. Jane Street Group LLC bought a new position in shares of MultiSensor AI during the 4th quarter valued at about $58,000. Finally, Geode Capital Management LLC raised its holdings in shares of MultiSensor AI by 44.6% during the 4th quarter. Geode Capital Management LLC now owns 403,492 shares of the company’s stock valued at $116,000 after buying an additional 124,413 shares in the last quarter. 82.32% of the stock is owned by hedge funds and other institutional investors.
Analysts Set New Price Targets
MSAI has been the topic of a number of recent research reports. Wall Street Zen raised MultiSensor AI to a “hold” rating in a report on Saturday, April 18th. Weiss Ratings reaffirmed a “sell (e+)” rating on shares of MultiSensor AI in a research note on Wednesday, June 24th. One equities research analyst has rated the stock with a Strong Buy rating, one has issued a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat, the company currently has a consensus rating of “Hold” and a consensus target price of $120.00.
Read Our Latest Report on MSAI
About MultiSensor AI
MultiSensor AI, Inc (NASDAQ: MSAI) is a United States–based technology company that develops advanced biometric and sensor fusion solutions. The company leverages artificial intelligence to integrate multiple sensing modalities, delivering enhanced authentication and security capabilities for applications where reliable identity verification is essential.
Its product portfolio includes modular fingerprint and multi-sensor platforms paired with proprietary AI-driven algorithms designed to provide secure, accurate user authentication.
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