During the last session, Tempus AI Inc (NASDAQ:TEM)’s traded shares were 18.68 million. At the end of the trading day, the stock’s price was $73.88, reflecting an intraday gain of 3.75% or $2.67. The 52-week high for the TEM share is $79.49, that puts it down -7.59 from that peak though still a striking 69.02% gain since the share price plummeted to a 52-week low of $22.89. The company’s market capitalization is $11.63B, and the average intraday trading volume over the past 10 days was 18.14 million shares, and the average trade volume was 7.29 million shares over the past three months.
Tempus AI Inc (TEM) received a consensus recommendation of Buy from analysts. That translates to a mean rating of 1.67. TEM has a Sell rating from 0 analyst(s) out of 6 analysts who have looked at this stock. 0 analyst(s) recommend to Hold the stock while 0 suggest Overweight, and 6 recommend a Buy rating for it. 0 analyst(s) has rated the stock Underweight. Company’s earnings per share (EPS) for the current quarter are expected to be -0.15.
Tempus AI Inc (NASDAQ:TEM) trade information
Tempus AI Inc (TEM) registered a 3.75% upside in the last session and has traded in the green over the past 5 sessions. The stock spiked 3.75% in intraday trading to $73.88, hitting a weekly high. The stock’s 5-day price performance is 6.79%, and it has moved by 128.45% in 30 days. The short interest in Tempus AI Inc (NASDAQ:TEM) is 12.59 million shares and it means that shorts have 1.27 day(s) to cover.
The consensus price target of analysts on Wall Street is $60, which implies a decrease of -23.13% to the stock’s current value. The extremes of the forecast give a target low and a target high price of $56 and $70 respectively. As a result, TEM is trading at a premium of 5.25% off the target high and 24.2% off the low.
Tempus AI Inc (TEM) estimates and forecasts
In the rating firms’ projections, revenue will increase 30.78% compared to the previous financial year.
As companies strive to predict their financial trajectories, we turn our attention to the forthcoming financial quarter. Here are the insights gathered from industry analysts. Revenue for the current quarter is expected to be 202.8M as predicted by 9 analyst(s). Meanwhile, a consensus of 3 analyst(s) estimates revenue growth to 250.17M by the end of current fiscal year.
TEM Dividends
Tempus AI Inc is due to release its next quarterly earnings in March. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance.
The next largest institutional holding, with 4.57 million shares, is of NEA MANAGEMENT COMPANY, LLC’s that is approximately 2.966% of outstanding shares. At the market price on 2024-06-30, these shares were valued at $160.05 million.
Also, the Mutual Funds coming in first place with the largest holdings of Tempus AI Inc (TEM) shares are ARK ETF Tr-ARK Innovation ETF and Vanguard U.S. Growth Fund . Data provided on Dec 31, 2024 indicates that ARK ETF Tr-ARK Innovation ETF owns about 3.88 shares. This amounts to just over 2.55 percent of the company’s overall shares, with a $286.93 million market value. The same data shows that the other fund manager holds slightly less at 2.28, or about 1.50% of the stock, which is worth about $168.7 million.
