In the last trading session, 8.51 million shares of the Tempus AI Inc (NASDAQ:TEM) were traded. Most recently the company’s share price was $42.12, and it changed around $1.83 or 4.54% from the last close, which brings the market valuation of the company to $7.29B. TEM currently trades at a discount to its 52-week high of $91.45, offering almost -117.12% off that amount. The share price’s 52-week low was $22.89, which indicates that the current value has risen by an impressive 45.66% since then. We note from Tempus AI Inc’s average daily trading volume that its 10-day average is 10.81 million shares, with the 3-month average coming to 14.21 million.
Tempus AI Inc stock received a consensus recommendation rating of Hold, based on a mean score of 2.15. If we narrow it down even further, the data shows that 0 out of 11 analysts rate the stock as a Sell; another 2 rate it as Overweight. Among the rest, 6 recommended TEM as a Hold, whereas 3 deemed it a Buy, and 0 rated it as Underweight. Tempus AI Inc is expected to report earnings per share of -0.26 for the current quarter.
Tempus AI Inc (NASDAQ:TEM) trade information
Instantly TEM has showed a green trend with a performance of 4.54% at the end of last trading. The performance over the last five days has remained in the red territory. The rise to weekly highs of 45.98 on recent trading dayincreased the stock’s daily price by 8.39%. The company’s shares are currently up 24.76% year-to-date, but still down -1.08% over the last five days. On the other hand, Tempus AI Inc (NASDAQ:TEM) is -0.11% down in the 30-day period. We can see from the shorts that 19.96 million shares have been sold at a short interest cover period of 1.86 day(s).
The consensus price target as assigned by Wall Street analysts is $57, which translates to bulls needing to increase their stock price by 26.11% from its current value. Analyst projections state that TEM is forecast to be at a low of $55 and a high of $65.
Tempus AI Inc (TEM) estimates and forecasts
The year-over-year growth rate is expected to be 78.38%, up from the previous year.
Consensus estimates provided by 9 financial analysts predict the company will bring in an average of 247.98M in revenue for the current quarter. 9 analysts expect Tempus AI Inc to make 298.36M in revenue for the current ending quarter. Forecasts for the next quarter put sales growth at 79.77%.
Looking at the company’s year-over-year earnings, the past five years showed a negative earnings growth rate of -32.48%.
TEM Dividends
Tempus AI Inc’s next quarterly earnings report is expected to be released on 2025-Feb-23.
Tempus AI Inc (NASDAQ:TEM)’s Major holders
Upon looking at major shareholders, it appears that insiders hold 47.42% of Tempus AI Inc shares, and 34.23% of them are in the hands of institutional investors. The stock currently has a share float of 65.09%. Tempus AI Inc stock is held by 211.0 institutions, with SOFTBANK GROUP CORP. being the largest institutional investor. By 2024-06-30, it held 3.5061% of the shares, which is about 5.41 million shares worth $189.19 million.
PRICE T ROWE ASSOCIATES INC /MD/, with 3.3904% or 5.23 million shares worth $182.95 million as of 2024-06-30, holds the second largest percentage of outstanding shares.
ARK ETF Trust-ARK Innovation ETF and VANGUARD WORLD FUND-Vanguard U.S. Growth Fund were the top two Mutual Funds as of Mar 31, 2025 . The former held 5.21 shares worth $219.48 million, making up 3.10% of all outstanding shares. On the other hand, VANGUARD WORLD FUND-Vanguard U.S. Growth Fund held roughly 2.28 shares worth around $96.18 million, which represents about 1.36% of the total shares outstanding.
