Tempus AI Inc (NASDAQ:TEM) has a beta value of 5.65 and has seen 10.34 million shares traded in the last trading session. The company, currently valued at $11.37B, closed the last trade at $65.65 per share which meant it lost -$2.66 on the day or -3.89%% during that session. The TEM stock price is -39.3% off its 52-week high price of $91.45 and 65.13% above the 52-week low of $22.89. If we look at the company’s 10-day average daily trading volume, we find that it stood at 11.68 million shares traded. The 3-month trading volume is 13.03 million shares.
The consensus among analysts is that Tempus AI Inc (TEM) is Buy stock at the moment, with a recommendation rating of 2.07. 0 analysts rate the stock as a Sell, while 0 rate it as Overweight. 0 out of 6 have rated it as a Hold, with 6 advising it as a Buy. 0 have rated the stock as Underweight.
Tempus AI Inc (NASDAQ:TEM) trade information
Sporting -3.89%% in the red in last session, the stock has traded in the red over the last five days, with the highest price hit on recent trading when the TEM stock price touched $65.65 or saw a rise of 12.27%. Year-to-date, Tempus AI Inc shares have moved 116.45%, while the 5-day performance has seen it change -7.90%. Over the past 30 days, the shares of Tempus AI Inc (NASDAQ:TEM) have changed 12.92%. Short interest in the company has seen 21.53 million shares shorted with days to cover at 1.31.
Wall Street analysts have a consensus price target for the stock at $57.5, which means that the shares’ value could drop -14.17% from current levels. The projected low price target is $55.0 while the price target rests at a high of $60.0. In that case, then, we find that the current price level is 8.61% off the targeted high while a plunge would see the stock lose 16.22% from current levels.
Tempus AI Inc (TEM) estimates and forecasts
The company’s shares have gained 68.55% over the past 6 months.
If we evaluate the company’s growth over the last 5-year and for the next 5-year period, we find that annual earnings growth was -32.48% over the past 5 years.
TEM Dividends
Tempus AI Inc is expected to release its next earnings report on 2025-May-06 this year, and investors are excited at the prospect of better dividends despite the company’s debt issue.
Tempus AI Inc (NASDAQ:TEM)’s Major holders
Insiders own 43.27% of the company shares, while shares held by institutions stand at 38.04% with a share float percentage of 67.05%. Investors are also buoyed by the number of investors in a company, with Tempus AI Inc having a total of 358.0 institutions that hold shares in the company. The top two institutional holders are SOFTBANK GROUP CORP. with over 5.41 million shares worth more than $189.19 million. As of 2024-06-30, SOFTBANK GROUP CORP. held 3.5061% of shares outstanding.
The other major institutional holder is PRICE T ROWE ASSOCIATES INC /MD/, with the holding of over 5.23 million shares as of 2024-06-30. The firm’s total holdings are worth over $182.95 million and represent 3.3904% of shares outstanding.
