During the last session, Tempus AI Inc (NASDAQ:TEM)’s traded shares were 9.61 million. At the end of the trading day, the stock’s price was $51.97, reflecting an intraday loss of -2.40% or -$1.28. The 52-week high for the TEM share is $91.45, that puts it down -75.97 from that peak though still a striking 55.96% gain since the share price plummeted to a 52-week low of $22.89. The company’s market capitalization is $8.95B, and the average intraday trading volume over the past 10 days was 10.92 million shares, and the average trade volume was 13.21 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 2.15. 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 -0.26.
Tempus AI Inc (NASDAQ:TEM) trade information
Tempus AI Inc (TEM) registered a -2.40% downside in the last session and has traded in the green over the past 5 sessions. The stock plummet -2.40% in intraday trading to $51.97, hitting a weekly high. The stock’s 5-day price performance is 8.18%, and it has moved by -16.53% in 30 days. The short interest in Tempus AI Inc (NASDAQ:TEM) is 17.21 million shares and it means that shorts have 1.13 day(s) to cover.
The consensus price target of analysts on Wall Street is $58.5, which implies an increase of 11.16% to the stock’s current value. The extremes of the forecast give a target low and a target high price of $55 and $65 respectively. As a result, TEM is trading at a discount of -25.07% off the target high and -5.83% 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.
An analysis of the company’s performance over the past 5 years shows that the company’s earnings shrunk an estimated -32.48%. While earnings are projected to return 62.75% in 2025.
TEM Dividends
Tempus AI Inc is due to release its next quarterly earnings on 2025-Feb-23. 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
Tempus AI Inc insiders own 47.67% of total outstanding shares while institutional holders control 34.25%, with the float percentage being 65.45%. SOFTBANK GROUP CORP. is the largest shareholder of the company, while 201.0 institutions own stock in it. As of 2024-06-30, the company held over 5.41 million shares (or 3.5061% of all shares), a total value of $189.19 million in shares.
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.
