Now Is A Good Time To Buy Tempus AI Inc (NASDAQ: TEM)

During the recent session, Tempus AI Inc (NASDAQ:TEM)’s traded shares were 3.18 million. At the last check today, the stock’s price was $51.19, reflecting an intraday loss of -3.52% or -$1.87. The 52-week high for the TEM share is $91.45, that puts it down -78.65 from that peak though still a striking 55.28% gain since the share price plummeted to a 52-week low of $22.89. The company’s market capitalization is $8.82B, and the average trade volume was 11.92 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 2.00. 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 -0.27.

Tempus AI Inc (NASDAQ:TEM) trade information

Tempus AI Inc (TEM) registered a -3.52% downside in the last session and has traded in the red over the past 5 sessions. The stock plummet -3.52% in intraday trading to $51.19, hitting a weekly high. The stock’s 5-day price performance is -7.43%, and it has moved by -17.23% in 30 days.

The consensus price target of analysts on Wall Street is $60, which implies an increase of 14.68% 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 discount of -36.75% off the target high and -9.4% off the low.

Tempus AI Inc (TEM) estimates and forecasts

In the rating firms’ projections, revenue will increase 78.38% 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 248.87M as predicted by 9 analyst(s). Meanwhile, a consensus of 9 analyst(s) estimates revenue growth to 298.36M by the end of current fiscal year.

TEM Dividends

Tempus AI Inc is due to release its next quarterly earnings in April. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance.

Tempus AI Inc (NASDAQ:TEM)’s Major holders

The next largest institutional holding, with 5.23 million shares, is of PRICE T ROWE ASSOCIATES INC /MD/’s that is approximately 3.3904% of outstanding shares. At the market price on 2024-06-30, these shares were valued at $182.95 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 2.32 percent of the company’s overall shares, with a $198.85 million market value. The same data shows that the other fund manager holds slightly less at 2.28, or about 1.37% of the stock, which is worth about $116.91 million.