Tempus AI Inc (NASDAQ: TEM) Stock: Can It Change The Game?

In the last trading session, 2.94 million shares of the Tempus AI Inc (NASDAQ:TEM) were traded. Most recently the company’s share price was $46.50, and it changed around -$3.94 or -7.81% from the last close, which brings the market valuation of the company to $6.95B. TEM currently trades at a discount to its 52-week high of $79.49, offering almost -70.95% off that amount. The share price’s 52-week low was $22.89, which indicates that the current value has risen by an impressive 50.77% since then. We note from Tempus AI Inc’s average daily trading volume that its 10-day average is 1.38 million shares, with the 3-month average coming to 1.21 million.

Tempus AI Inc stock received a consensus recommendation rating of Hold, based on a mean score of 1.67. If we narrow it down even further, the data shows that 0 out of 8 analysts rate the stock as a Sell; another 3 rate it as Overweight. Among the rest, 3 recommended TEM as a Hold, whereas 2 deemed it a Buy, and 0 rated it as Underweight.

Tempus AI Inc (NASDAQ:TEM) trade information

Instantly TEM has showed a red trend with a performance of -7.81% at the end of last trading. The performance over the last five days has remained in the red territory. The rise to weekly highs of 62.47 on recent trading dayincreased the stock’s daily price by 25.56%. The company’s shares are currently up 15.53% year-to-date, but still down -26.12% over the last five days. On the other hand, Tempus AI Inc (NASDAQ:TEM) is -18.12% down in the 30-day period. We can see from the shorts that 4.18 million shares have been sold at a short interest cover period of 3.28 day(s).

The consensus price target as assigned by Wall Street analysts is $58.5, which translates to bulls needing to increase their stock price by 20.51% from its current value. Analyst projections state that TEM is forecast to be at a low of $44 and a high of $70.

TEM Dividends

Tempus AI Inc’s next quarterly earnings report is expected to be released in January.