Tempus AI Inc (NASDAQ:TEM)’s traded shares stood at 17.14 million during the last session. At the close of trading, the stock’s price was $64.99, to imply a decrease of -6.06% or -$4.19 in intraday trading. The TEM share’s 52-week high remains $79.49, putting it -22.31% down since that peak but still an impressive 64.78% since price per share fell to its 52-week low of $22.89. The company has a valuation of $10.23B, with an average of 15.73 million shares in intraday trading volume over the past 10 days and average of 6.13 million shares over the past 3 months.
Analysts have given a consensus recommendation of Buy for Tempus AI Inc (TEM), translating to a mean rating of 1.50. Of 6 analyst(s) looking at the stock, 0 analyst(s) give TEM a Sell rating. 0 of those analysts rate the stock as Overweight while 0 advise Hold as 6 recommend it as a Buy. 0 analyst(s) have given it an Underweight rating. Estimates put the company’s current-quarter earnings per share at -0.15.
Tempus AI Inc (NASDAQ:TEM) trade information
After registering a -6.06% downside in the last session, Tempus AI Inc (TEM) has traded red over the past five days. The 5-day price performance for the stock is 13.64%, and 59.45% over 30 days. With these gigs, the year-to-date price performance is 92.51%. Short interest in Tempus AI Inc (NASDAQ:TEM) saw shorts transact 11.46 million shares and set a 2.79 days time to cover.
The extremes give us $56 and $70 for target low and target high price respectively. As such, TEM has been trading -7.71% off suggested target high and 13.83% from its likely low.
Tempus AI Inc (TEM) estimates and forecasts
The rating firms project that company’s revenue will grow 30.32% compared to the previous financial year.
Revenue forecast for the current quarter as set by 4 analysts is 200.35M. Meanwhile, for the current quarter, a total of 5 analyst(s) estimate revenue growth to 204.24M.
TEM Dividends
Tempus AI Inc has its next earnings report out in March. However, it is important to take into account that this dividend yield ratio is just an indicator to only serve the purpose of guidance. Investors interested to invest in the stock should ponder company’s other fundamental and operations related aspects too.
The next major institution holding the largest number of shares is NEA MANAGEMENT COMPANY, LLC with 4.57 million shares, or about 2.966% of shares outstanding. As of the market price on 2024-06-30, these shares were worth $160.05 million.
