MetaCap

Spectral AI (MDAI) vs SANUWAVE Health (SNWV)

Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 10, 2026.

Summary

Spectral AI (MDAI) has outperformed SANUWAVE Health (SNWV) over the past year, losing 32.7% versus a loss of 82.6%. Spectral AI is the larger company by market cap ($53.1 million vs $48.3 million), about 1.1 times the size.

Summary generated from market data by MetaCap's automated system. Methodology

Relative performance

MDAI-32.65%SNWV-82.55%
+15%-39%-92%
Oct 9, 20251 yearOct 9, 2026
MDAI+34.15%SNWV-56.85%
+261%+88%-84%
Oct 14, 20245 yearsOct 5, 2026

Percent change in share price from the first common trading day shown; excludes dividends.

Head-to-head

MDAI versus SNWV key metrics
MetricMDAISNWV
Share price$1.65$5.62
Market cap$53.11M$48.34M
1-day change+0.61%-3.85%
YTD return+16.20%-81.17%
1-year return-32.65%-82.55%
5-year return-83.09%—
P/E ratio (TTM)—23.42
EPS (TTM)$-0.32$0.24
Dividend yield0.00%0.00%
Annual dividend$0.00$0.00
52-week high$2.97$36.42
52-week low$1.18$3.92
Distance from 52-week high-44.44%-84.57%
Analyst consensusnone—
Avg. price target upside+209.70%—
Average volume150.48K134.79K
Shares outstanding32.18M8.60M
Employees6555
SectorHealth CareHealth Care
IndustryMedical/Dental InstrumentsMedical/Dental Instruments

Highlighted cells mark the higher value for growth, returns, margins and yield, and the lower value for P/E ratios. Highlighting is a mechanical comparison, not a recommendation.

Key differences

  • MDAI has outperformed SNWV by 49.9 percentage points over the past year.

About Spectral AI

MDAI stock →

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.

Health Care · Medical/Dental Instruments · 65 employees

About SANUWAVE Health

SNWV stock →

SANUWAVE Health, Inc. operates as a medical device company in the United States and internationally.

Health Care · Medical/Dental Instruments · 55 employees

MDAI vs SNWV FAQ

Which is bigger, Spectral AI or SANUWAVE Health?

Spectral AI (MDAI) is larger, with a market capitalization of $53.11M compared with $48.34M for SANUWAVE Health (SNWV).

Which stock has performed better over the past year, MDAI or SNWV?

MDAI returned -32.65% over the past 12 months, compared with -82.55% for SNWV (price return, excluding dividends). Past performance does not predict future results.

Are Spectral AI and SANUWAVE Health in the same industry?

Yes. Both are classified in the Medical/Dental Instruments industry within the Health Care sector.

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