MultiSensor AI (NASDAQ:MSAI – Get Free Report) announced its quarterly earnings data on Thursday. The company reported ($1.19) earnings per share for the quarter, beating the consensus estimate of ($1.20) by $0.01, FiscalAI reports. The company had revenue of $1.70 million during the quarter, compared to analysts’ expectations of $2.10 million. MultiSensor AI had a negative return on equity of 48.87% and a negative net margin of 162.60%.
MultiSensor AI Stock Down 7.2%
Shares of MSAI stock traded down $0.41 on Friday, reaching $5.36. The stock had a trading volume of 19,730 shares, compared to its average volume of 137,681. 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 $10.82 million, a price-to-earnings ratio of -0.64 and a beta of -0.24. The firm’s 50-day moving average is $5.28 and its two-hundred day moving average is $7.70.
Analysts Set New Price Targets
MSAI has been the subject of several recent research reports. Wall Street Zen raised MultiSensor AI to a “hold” rating in a research report on Saturday, April 18th. Weiss Ratings reissued a “sell (e+)” rating on shares of MultiSensor AI in a report on Wednesday, June 24th. One investment analyst has rated the stock with a Strong Buy rating, one has issued a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, the company presently has an average rating of “Hold” and an average price target of $120.00.
Institutional Investors Weigh In On MultiSensor AI
Large investors have recently added to or reduced their stakes in the business. Susquehanna International Group LLP acquired a new position in shares of MultiSensor AI in the third quarter valued at $38,000. Jane Street Group LLC acquired a new position in MultiSensor AI in the 4th quarter valued at about $58,000. Ghisallo Capital Management LLC acquired a new position in MultiSensor AI in the 4th quarter valued at about $72,000. Geode Capital Management LLC raised its holdings in MultiSensor AI by 44.6% in the 4th quarter. Geode Capital Management LLC now owns 403,492 shares of the company’s stock valued at $116,000 after acquiring an additional 124,413 shares during the period. Finally, Bleichroeder LP lifted its position in MultiSensor AI by 74.6% during the fourth quarter. Bleichroeder LP now owns 1,222,493 shares of the company’s stock worth $352,000 after acquiring an additional 522,493 shares during the last quarter. Institutional investors own 82.32% of the company’s stock.
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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