MRAI
MRAI 1-star rating from Upturn Advisory

Marpai Inc (MRAI)

Marpai Inc (MRAI) 1-star rating from Upturn Advisory
$0.58
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Upturn Advisory Summary

02/24/2026: MRAI (1-star) is currently NOT-A-BUY. Pass it for now.

Upturn Star Rating

Upturn 1 star rating for performance

Not Recommended Performance

These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution before investing.

Number of Analysts

1 star rating from financial analysts

1 Analysts rated it

Very few follow this stock; limited insights, higher-risk early investing.

1 Year Target Price $6

1 Year Target Price $6

Analysts Price Target For last 52 week
$6 Target price
52w Low $0.34
Current$0.58
52w High $1.78
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Key Highlights

Company Size Small-Cap Stock
Market Capitalization 12.56M USD
Price to earnings Ratio -
1Y Target Price 6
Price to earnings Ratio -
1Y Target Price 6
Volume (30-day avg) 1
Beta 4.65
52 Weeks Range 0.34 - 1.78
Updated Date 02/24/2026
52 Weeks Range 0.34 - 1.78
Updated Date 02/24/2026
Dividends yield (FY) -
Basic EPS (TTM) -2.92
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Earnings Date

Report Date -
When -
Estimate -
Actual -

Profitability

Profit Margin -58.4%
Operating Margin (TTM) -68.64%

Management Effectiveness

Return on Assets (TTM) -41.2%
Return on Equity (TTM) -1359.59%

Valuation

Trailing PE -
Forward PE -
Enterprise Value 15780201
Price to Sales(TTM) 0.61
Enterprise Value 15780201
Price to Sales(TTM) 0.61
Enterprise Value to Revenue 0.45
Enterprise Value to EBITDA -0.89
Shares Outstanding 23880611
Shares Floating 13502571
Shares Outstanding 23880611
Shares Floating 13502571
Percent Insiders 48.75
Percent Institutions 5.55

Icon representing Upturn AI-generated SWOT analysis summary Upturn AI SWOT

Marpai Inc

Marpai Inc(MRAI) company logo displayed in Upturn AI summary

Company Overview

Company history and background logo History and Background

Marpai Inc. (formerly, HealthHouse Holdings, Inc.) was founded in 2013 and rebranded to Marpai Inc. in 2021. The company is focused on transforming the health insurance industry through artificial intelligence and data analytics. Significant milestones include its transition from a cannabis-focused business to its current AI-driven health insurance platform.

Company business area logo Core Business Areas

  • AI-Powered Health Insurance: Marpai utilizes AI and machine learning to analyze vast amounts of healthcare data, aiming to reduce costs and improve outcomes for employers and their employees. This involves offering more accurate risk assessments, personalized plan designs, and proactive health management.
  • Data Analytics and Insights: The company leverages its proprietary AI platform to extract actionable insights from healthcare claims data, clinical records, and other relevant information. This allows for a deeper understanding of population health trends and cost drivers.

leadership logo Leadership and Structure

The leadership team is comprised of individuals with expertise in technology, healthcare, and finance. The organizational structure is designed to foster innovation and efficiency within its AI-driven platform development and operational execution.

Top Products and Market Share

Product Key Offerings logo Key Offerings

  • Competitors: Traditional health insurance providers (e.g., UnitedHealth Group, Anthem, Cigna, Aetna), other health tech companies focusing on AI in healthcare.
  • Description: Marpai offers health insurance solutions for employers that use AI to predict health risks, personalize benefits, and manage costs. This aims to provide a more efficient and effective approach to employer-sponsored health insurance.
  • Market Share Data: As a newer entrant in this specific AI-driven segment, definitive market share figures are not widely reported. However, the broader health insurance market is highly competitive.
  • Product Name: AI-Driven Health Plan Solutions

Market Dynamics

industry overview logo Industry Overview

The health insurance industry is a massive and complex market, undergoing significant transformation. There's a growing emphasis on value-based care, data analytics, and personalized medicine. Employers are increasingly seeking ways to control rising healthcare costs while improving employee well-being.

Positioning

Marpai aims to position itself as a disruptive force, leveraging AI to offer a more intelligent and cost-effective alternative to traditional health insurance models. Its competitive advantage lies in its proprietary AI technology and data analytics capabilities.

Total Addressable Market (TAM)

The employer-sponsored health insurance market in the US is valued in the hundreds of billions of dollars annually. Marpai is positioned to capture a segment of this market by demonstrating cost savings and improved health outcomes for employers and their employees.

Upturn SWOT Analysis

Strengths

  • Proprietary AI and data analytics platform
  • Focus on cost reduction and improved outcomes
  • Agile and innovative approach to health insurance

Weaknesses

  • Relatively new entrant with limited brand recognition in the health insurance space
  • Dependence on continued AI development and data acquisition
  • Potential challenges in scaling operations and securing large employer contracts

Opportunities

  • Increasing demand for cost-effective and personalized health solutions
  • Growing adoption of AI and data analytics in healthcare
  • Potential for partnerships with employers and benefits consultants
  • Expansion into new market segments

Threats

  • Intense competition from established health insurers
  • Regulatory changes in the healthcare and insurance industries
  • Data privacy and security concerns
  • Challenges in demonstrating tangible ROI to potential clients

Competitors and Market Share

Key competitor logo Key Competitors

  • UnitedHealth Group (UNH)
  • Anthem (now Elevance Health) (ELV)
  • Cigna Group (CI)
  • CVS Health (CVS) / Aetna

Competitive Landscape

Marpai faces significant challenges from established giants with extensive networks, brand loyalty, and vast resources. Marpai's advantage lies in its potential to offer a more agile, data-driven, and potentially cost-efficient solution, but it needs to overcome the incumbents' market dominance and customer relationships.

Growth Trajectory and Initiatives

Historical Growth: Marpai's historical growth is characterized by its strategic pivot and development of its AI platform. Revenue growth would depend on the successful acquisition of clients and expansion of its service offerings.

Future Projections: Future growth projections for Marpai Inc. are subject to analyst estimates and the company's ability to execute its business plan. Key drivers would include client acquisition, technological advancements, and market penetration.

Recent Initiatives: Recent initiatives likely focus on enhancing its AI capabilities, expanding its sales and marketing efforts, and forging strategic partnerships to accelerate client adoption.

Summary

Marpai Inc. is a technology-focused company aiming to disrupt the health insurance market with AI. Its strengths lie in its innovative platform and potential for cost savings. However, it faces considerable challenges from established competitors and requires significant investment and market traction to succeed. Key areas to watch include client acquisition, technological advancement, and regulatory navigation.

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Sources and Disclaimers

Data Sources:

  • Company Investor Relations (Marpai Inc.)
  • SEC Filings (10-K, 10-Q)
  • Industry Reports
  • Financial News Outlets

Disclaimers:

This analysis is based on publicly available information and may not be exhaustive. Financial data requires verification from official company reports. Market share figures are estimates and can fluctuate. Investing in early-stage companies carries significant risk.

Information icon for Upturn AI Summarization accuracy disclaimer AI Summarization is directionally correct and might not be accurate.

Information icon for Upturn AI Summarization data freshness disclaimer Summarized information shown could be a few years old and not current.

Information icon warning about Upturn AI Fundamental Rating based on potentially old data Fundamental Rating based on AI could be based on old data.

Information icon warning about potential inaccuracies or hallucinations in Upturn AI-generated summaries AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.

About Marpai Inc

Exchange NASDAQ
Headquaters Tampa, FL, United States
IPO Launch date 2021-10-27
President, CEO & Director Mr. Damien Francis Lamendola
Sector Healthcare
Industry Healthcare Plans
Full time employees 117
Full time employees 117

Marpai, Inc., together with its subsidiaries, operates as a technology-driven healthcare payer company in the United States. The company offers third-party administrator and value-oriented health plan services to employers that directly pay for employee health benefits. It also provides in-house ancillary services that include clinical care management, a nurse-led guide for at-risk members across the care continuum; repricing insights, which are out-of-network claims; Marpai PACCS, a pharmacy advocacy cost containment solution that is a member-driven pharmacy savings program; and MarpaiRx, a national pharmacy benefit management program. In addition, the company offers health plan administration services, third-party vendor services, and complementary services, such as case management, actuarial, and bill review services. It serves the self-insured employer market through healthcare benefits brokers and consultants. Marpai, Inc. was incorporated in 2021 and is based in Tampa, Florida.