Shares of Tempus AI, Inc. (NASDAQ:TEM – Get Free Report) have been assigned an average rating of “Hold” from the twenty-two ratings firms that are presently covering the stock, Marketbeat reports. Two analysts have rated the stock with a sell rating, nine have issued a hold rating and eleven have issued a buy rating on the company. The average 12-month price objective among brokerages that have updated their coverage on the stock in the last year is $69.6316.
Several equities research analysts recently weighed in on TEM shares. TD Cowen restated a “buy” rating on shares of Tempus AI in a research report on Wednesday, July 15th. Wolfe Research started coverage on Tempus AI in a report on Tuesday, June 2nd. They issued a “peer perform” rating for the company. Rothschild & Co Redburn assumed coverage on Tempus AI in a research report on Tuesday, September 8th. They set a “neutral” rating and a $67.00 price objective for the company. Freedom Capital upgraded shares of Tempus AI to a “hold” rating in a report on Tuesday, June 30th. Finally, Stifel Nicolaus reduced their target price on shares of Tempus AI from $60.00 to $50.00 and set a “hold” rating on the stock in a research report on Monday, August 3rd.
Get Our Latest Analysis on Tempus AI
Insider Buying and Selling at Tempus AI
Institutional Inflows and Outflows
A number of institutional investors and hedge funds have recently added to or reduced their stakes in TEM. EMC Capital Management bought a new stake in Tempus AI in the second quarter worth $29,000. Whittier Trust Co. increased its holdings in shares of Tempus AI by 190.0% during the first quarter. Whittier Trust Co. now owns 870 shares of the company’s stock valued at $41,000 after acquiring an additional 570 shares in the last quarter. Global Assets Advisory LLC bought a new position in shares of Tempus AI during the first quarter valued at $46,000. CoreCap Advisors LLC raised its position in shares of Tempus AI by 293.4% in the 2nd quarter. CoreCap Advisors LLC now owns 1,019 shares of the company’s stock worth $59,000 after purchasing an additional 760 shares during the last quarter. Finally, Eurizon Capital SGR S.p.A. purchased a new position in shares of Tempus AI in the 4th quarter worth about $70,000. Institutional investors own 24.22% of the company’s stock.
Tempus AI Price Performance
Shares of NASDAQ TEM opened at $76.59 on Thursday. Tempus AI has a 1 year low of $40.77 and a 1 year high of $104.32. The company has a debt-to-equity ratio of 3.06, a current ratio of 3.30 and a quick ratio of 3.16. The company’s 50-day moving average is $58.39 and its 200 day moving average is $53.43. The stock has a market capitalization of $13.82 billion, a P/E ratio of -53.19 and a beta of 3.72.
Tempus AI (NASDAQ:TEM – Get Free Report) last posted its quarterly earnings data on Thursday, July 30th. The company reported ($0.04) earnings per share for the quarter, beating the consensus estimate of ($0.14) by $0.10. Tempus AI had a negative return on equity of 50.28% and a negative net margin of 17.77%.The business had revenue of $382.49 million for the quarter, compared to analysts’ expectations of $379.69 million. During the same period in the previous year, the firm posted ($0.22) EPS. The business’s revenue was up 21.6% on a year-over-year basis. On average, sell-side analysts expect that Tempus AI will post -1.38 earnings per share for the current year.
About Tempus AI
Tempus AI, Inc is a healthcare technology company focused on applying artificial intelligence and data analytics to precision medicine. The company combines molecular testing, clinical data and machine learning to help physicians make more informed treatment decisions and support the development of new therapies.
Tempus provides genomic and diagnostic testing services, including testing intended to identify clinically relevant mutations and other biomarkers. Its technology platform also organizes and analyzes clinical and molecular data, while its AI-enabled tools are designed to assist healthcare professionals with patient care, research and workflow management.
The company serves healthcare providers, patients, pharmaceutical companies and biotechnology researchers, primarily in the United States.
See Also
- Five stocks we like better than Tempus AI
- Chips to Bots: Qualcomm’s Agentic AI Breakout
- Ciena Fell 40%—Now One Analyst Sees 50% Upside
- Energy Transfer Taps the AI Power Boom
- Viking’s Obesity Edge May Be Staying Power, Not Weight Loss
Receive News & Ratings for Tempus AI Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Tempus AI and related companies with MarketBeat.com's FREE daily email newsletter.
