MultiSensor AI (NASDAQ:MSAI) Shares Up 3.2% – Time to Buy?

MultiSensor AI Holdings, Inc. (NASDAQ:MSAI) shares shot up 3.2% on Thursday . The stock traded as high as $0.48 and last traded at $0.4287. 1,580,779 shares traded hands during mid-day trading, a decline of 1% from the average session volume of 1,602,587 shares. The stock had previously closed at $0.4156.

Wall Street Analyst Weigh In

MSAI has been the subject of several research analyst reports. Weiss Ratings restated a “sell (d-)” rating on shares of MultiSensor AI in a research note on Wednesday, December 10th. D. Boral Capital reaffirmed a “buy” rating and issued a $3.00 price objective on shares of MultiSensor AI in a research note on Friday, October 17th. D Boral Capital raised shares of MultiSensor AI to a “strong-buy” rating in a research report on Friday, October 17th. Finally, Wall Street Zen upgraded shares of MultiSensor AI to a “hold” rating in a report on Saturday, November 22nd. One investment analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating and one has assigned a Sell rating to the company. According to MarketBeat.com, MultiSensor AI has a consensus rating of “Moderate Buy” and an average target price of $3.00.

MultiSensor AI Stock Up 2.3%

The firm’s 50 day moving average price is $0.79 and its two-hundred day moving average price is $0.74. The firm has a market capitalization of $23.18 million, a PE ratio of -1.51 and a beta of -0.17.

MultiSensor AI (NASDAQ:MSAI) last issued its quarterly earnings data on Thursday, November 13th. The company reported ($0.05) EPS for the quarter, topping analysts’ consensus estimates of ($0.09) by $0.04. The firm had revenue of $1.57 million for the quarter, compared to analyst estimates of $1.65 million. MultiSensor AI had a negative net margin of 223.26% and a negative return on equity of 114.91%. On average, sell-side analysts anticipate that MultiSensor AI Holdings, Inc. will post -0.83 earnings per share for the current fiscal year.

Institutional Investors Weigh In On MultiSensor AI

Hedge funds and other institutional investors have recently bought and sold shares of the business. Susquehanna International Group LLP acquired a new position in shares of MultiSensor AI in the 3rd quarter valued at approximately $38,000. U.S. Capital Wealth Advisors LLC increased its stake in shares of MultiSensor AI by 130.5% in the second quarter. U.S. Capital Wealth Advisors LLC now owns 86,573 shares of the company’s stock worth $52,000 after buying an additional 49,014 shares during the last quarter. Finally, Sanders Morris Harris LLC raised its holdings in MultiSensor AI by 7.2% in the second quarter. Sanders Morris Harris LLC now owns 2,973,656 shares of the company’s stock valued at $1,778,000 after acquiring an additional 200,931 shares in the last quarter. 82.32% of the stock is currently owned by hedge funds and other institutional investors.

MultiSensor AI Company Profile

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.