In the latest trading session, 2.79 million Tempus AI Inc (NASDAQ:TEM) shares changed hands as the company’s beta touched 0. With the company’s most recent per share price at $46.62 changed hands at -$0.55 or -1.18% at last look, the market valuation stands at $8.03B. TEM’s current price is a discount, trading about -96.16% off its 52-week high of $91.45. The share price had its 52-week low at $22.89, which suggests the last value was 50.9% up since then. When we look at Tempus AI Inc’s average trading volume, we note the 10-day average is 10.76 million shares, with the 3-month average coming to 12.32 million.
Analysts gave the Tempus AI Inc (TEM) stock a consensus recommendation rating of Buy, calculated at a mean rating of 2.17. If we narrow down to specifics, the data shows that 0 out of 6 analysts rate the stock as a Sell, with a further 0 assigning it an Overweight rating. Of the remaining, 0 recommended TEM as a Hold, 6 felt it is a Buy and 0 rated the stock as Underweight. Tempus AI Inc’s EPS for the current quarter is expected to be -0.27.
Tempus AI Inc (NASDAQ:TEM) trade information
Instantly TEM was in red as seen in intraday trades today. With action 3.20%, the performance over the past five days has been green. The company’s shares are showing year-to-date upside of 38.08%, with the 5-day performance at 3.20% in the green. However, in the 30-day time frame, Tempus AI Inc (NASDAQ:TEM) is -44.34% down. Looking at the short shares, we see there were 14.18 million shares sold at short interest cover period of 0.75 days.
The consensus price target for the stock as assigned by Wall Street analysts is 58.5, meaning bulls need an upside of 20.31% from its recent market value. According to analyst projections, TEM’s forecast low is 55 with 65 as the target high. To hit the forecast high, the stock’s price needs a -39.43% plunge from its current level, while the stock would need to soar -17.98% for it to hit the projected low.
Tempus AI Inc (TEM) estimates and forecasts
Year-over-year growth is forecast to reach 78.38% up from the last financial year.
Consensus estimates given by 9 financial analysts project the company’s revenue in the current quarter to hit an average of 248.87M. 9 analysts are of the opinion that Tempus AI Inc’s revenue for the current quarter will be 298.36M. The estimates for the next quarter sales put growth at 79.77%.
Looking at the company’s year-on-year earnings, data shows that the past 5-year has an earnings growth rate of -32.48%. The 2025 estimates are for Tempus AI Inc earnings to increase by 62.75%.
Tempus AI Inc (NASDAQ:TEM)’s Major holders
If we look at who the major shareholders are, we find that insiders hold 47.69% of Tempus AI Inc shares while 34.24% of the shares are in the hands of institutional holders. The share float percentage for the stock currently stands at 65.44%. There are 34.24% institutions holding the Tempus AI Inc stock share, with SOFTBANK GROUP CORP. the top institutional holder. As of 2024-06-30, the company held 3.5061% of the shares, roughly 5.41 million TEM shares worth $189.19 million.
PRICE T ROWE ASSOCIATES INC /MD/ holds the second largest percentage of outstanding shares, with 3.3904% or 5.23 million shares worth $182.95 million as of 2024-06-30.
Among Mutual Funds, the top two as of Jan 31, 2025 were ARK ETF Tr-ARK Innovation ETF and Vanguard U.S. Growth Fund. With 4.25 shares estimated at $195.52 million under it, the former controlled 2.54% of total outstanding shares. On the other hand, Vanguard U.S. Growth Fund held about 1.37% of the shares, roughly 2.28 shares worth around $104.95 million.
