The trading price of Tempus AI Inc (NASDAQ:TEM) closed lower on Monday, February 10, and closing at $68.36, -0.87% lower than its previous close.
Traders who pay close attention to intraday price movement should know that it fluctuated between $66.3 and $71.3. In examining the 52-week price action we see that the stock hit a 52-week high of $79.49 and a 52-week low of $22.89. Over the past month, the stock has gained 82.34% in value.
Tempus AI Inc, whose market valuation is $10.76 billion at the time of this writing, is expected to release its quarterly earnings report in March. Investors’ optimism about the company’s current quarter earnings report is understandable. Analysts have predicted the quarterly earnings per share to grow by -0.15 per share this quarter, however they have predicted annual earnings per share of -1.78 for current year and -0.51 for next year.
Analysts have forecast the company to bring in revenue of 200.35M for the current quarter, with the likely lows of 200M and highs of 200.6M. From the analysts’ viewpoint, the consensus estimate for the company’s annual revenue is 693.05M.
Here is the average analyst rating on the stock as represented by 1.00 to 5.00, with the extremes of 1.00 and 5.00 suggesting the stock should be considered as either strong buy or strong sell respectively. The number of analysts that have assigned TEM a recommendation rating is 6. Out of them, 0 rate it a Hold, while 6 recommend Buy, whereas 0 assign an Overweight rating. 0 analyst(s) have tagged Tempus AI Inc (TEM) as Underweight, while 0 advise Sell. Analysts have rated the stock Buy, likely urging investors to take advantage of the opportunity to add to their holdings of the company’s shares.
A quick review shows that TEM’s price is currently 31.91% off the SMA20 and 46.32% off the SMA50. The RSI metric on the 14-day chart is currently showing 71.26, and weekly volatility stands at 9.05%. When measured over the past 30 days, the indicator reaches 11.28%. Tempus AI Inc (NASDAQ:TEM)’s beta value is currently sitting at 0, while the Average True Range indicator is currently displaying 5.81. With analysts defining $56-$70 as the low and high price targets, we arrive at a consensus price target of $60 for the trailing 12-month period. The current price is about 18.08% off the estimated low and -2.4% off the forecast high, based on this estimate. Investors will be thrilled if TEM’s share price rises to $60, which is the median consensus price. At that level, TEM’s share price would be 12.23% above current price.
To see how Tempus AI Inc stock has been performing in comparison to its peers in the industry, here are the numbers: TEM stock’s performance was -0.87% in the latest trading.
An evaluation of the daily trading volume of Tempus AI Inc (NASDAQ:TEM) indicates that the 3-month average is 6.59 million. However, this figure has increased over the past 10 days to an average of 15.45.
Currently, records show that 150.28 million of the company’s shares remain outstanding. The insiders hold 67.21% of outstanding shares, whereas institutions hold 24.35%. The stats also highlight that short interest as of 2025-01-15, stood at 11.46 million shares, resulting in a short ratio of 2.79 at that time. From this, we can conclude that short interest is 1328.00 of the company’s total outstanding shares. It is noteworthy that short shares in January were up slightly from the previous month’s figure, which was 6.14 million. However, since the stock’s price has seen 102.49% year-to-date, investors’ interest is likely to be reignited due to its potential to move even higher.
