In the latest trading session, 0.51 million Tempus AI Inc (NASDAQ:TEM) shares changed hands as the company’s beta touched 0. With the company’s most recent per share price at $58.86 changed hands at -$4.08 or -6.48% at last look, the market valuation stands at $9.27B. TEM’s current price is a discount, trading about -35.05% off its 52-week high of $79.49. The share price had its 52-week low at $22.89, which suggests the last value was 61.11% up since then. When we look at Tempus AI Inc’s average trading volume, we note the 10-day average is 1.15 million shares, with the 3-month average coming to 1.15 million.
Analysts gave the Tempus AI Inc (TEM) stock a consensus recommendation rating of Buy, calculated at a mean rating of 1.75. If we narrow down to specifics, the data shows that 0 out of 6 analysts rate the stock as a Sell, with a further 0 assigning it an Overweight rating. Of the remaining, 0 recommended TEM as a Hold, 6 felt it is a Buy and 0 rated the stock as Underweight. Tempus AI Inc’s EPS for the current quarter is expected to be -0.18.
Tempus AI Inc (NASDAQ:TEM) trade information
Instantly TEM was in red as seen in intraday trades today. With action -7.87%, the performance over the past five days has been red. The company’s shares are showing year-to-date upside of 46.23%, with the 5-day performance at -7.87% in the red. However, in the 30-day time frame, Tempus AI Inc (NASDAQ:TEM) is 27.79% up. Looking at the short shares, we see there were 4.18 million shares sold at short interest cover period of 3.28 days.
The consensus price target for the stock as assigned by Wall Street analysts is 58.5, meaning bulls need a downside of -0.62% from its recent market value. According to analyst projections, TEM’s forecast low is 44 with 70 as the target high. To hit the forecast high, the stock’s price needs a -18.93% plunge from its current level, while the stock would need to tank 25.25% for it to hit the projected low.
Tempus AI Inc (TEM) estimates and forecasts
Year-over-year growth is forecast to reach 31.46% up from the last financial year.
Consensus estimates given by 8 financial analysts project the company’s revenue in the current quarter to hit an average of 206.24M. 6 analysts are of the opinion that Tempus AI Inc’s revenue for the current quarter will be 198.62M.
Tempus AI Inc (NASDAQ:TEM)’s Major holders
Among Mutual Funds, the top two as of Aug 31, 2024 were Vanguard U.S. Growth Fund and ARK ETF Tr-ARK Innovation ETF. With 2.45 shares estimated at $143.71 million under it, the former controlled 1.61% of total outstanding shares. On the other hand, ARK ETF Tr-ARK Innovation ETF held about 1.21% of the shares, roughly 1.85 shares worth around $108.35 million.
