In last trading session, Tempus AI Inc (NASDAQ:TEM) saw 10.75 million shares changing hands with its beta currently measuring 0. Company’s recent per share price level of $50.77 trading at -$0.25 or -0.49% at ring of the bell on the day assigns it a market valuation of $7.99B. That closing price of TEM’s stock is at a discount of -56.57% from its 52-week high price of $79.49 and is indicating a premium of 54.91% from its 52-week low price of $22.89. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 13.16 million shares which gives us an average trading volume of 4.58 million if we extend that period to 3-months.
For Tempus AI Inc (TEM), analysts’ consensus is at an average recommendation of Buy while assigning it a mean rating of 1.55. Splitting up the data highlights that, out of 6 analysts covering the stock, 0 rated the stock as a Sell while 0 recommended an Overweight rating for the stock. 0 suggested the stock as a Hold whereas 6 see the stock as a Buy. 0 analyst(s) advised it as an Underweight. The company is expected to be making an EPS of -0.15 in the current quarter.
Tempus AI Inc (NASDAQ:TEM) trade information
Upright in the red during last session for losing -0.49%, in the last five days TEM remained trading in the green while hitting it’s week-highest on Thursday, 01/23/25 when the stock touched $50.77 price level, adding 10.21% to its value on the day. Tempus AI Inc’s shares saw a change of 50.39% in year-to-date performance and have moved 0.63% in past 5-day. Tempus AI Inc (NASDAQ:TEM) showed a performance of 43.87% in past 30-days. Number of shares sold short was 11.46 million shares which calculate 2.79 days to cover the short interests.
Wall Street analysts have assigned a consensus price target of 60 to the stock, which implies a rise of 15.38% to its current value. Analysts have been projecting 56 as a low price target for the stock while placing it at a high target of 70. It follows that stock’s current price would drop -10.3% in reaching the projected high whereas dropping to the targeted low would mean a loss of -10.3% for stock’s current value.
Tempus AI Inc (TEM) estimates and forecasts
This year revenue growth is estimated to rise 30.34% from the last financial year’s standing.
3 industry analysts have given their estimates about the company’s current quarter revenue by setting an average figure of 200.46M for the same. And 6 analysts are in estimates of company making revenue of 204.3M in the next quarter.
Tempus AI Inc (NASDAQ:TEM)’s Major holders
SOFTBANK GROUP CORP. is the top institutional holder at TEM for having 5.41 million shares of worth $189.19 million. And as of 2024-06-30, it was holding 3.5061 of the company’s outstanding shares.
The second largest institutional holder is NEA MANAGEMENT COMPANY, LLC, which was holding about 4.57 million shares on 2024-06-30. The number of shares represents firm’s hold over 2.966 of outstanding shares, having a total worth of $160.05 million.
