Tempus AI Inc (NASDAQ:TEM) shares, rose in value on Wednesday, April 16, with the stock price down by -4.82% to the previous day’s close as strong demand from buyers drove the stock to $40.86.
Actively observing the price movement in the last trading, the stock closed the session at $42.93, falling within a range of $40.04 and $42.13. Referring to stock’s 52-week performance, its high was $91.45, and the low was $22.89. On the whole, TEM has fluctuated by -10.67% over the past month.
With the market capitalization of Tempus AI Inc currently standing at about $7.07 billion, investors are eagerly awaiting this quarter’s results, scheduled for on 2025-Feb-23.
Projections by analysts suggest varying estimates for the company’s quarterly revenue. Analysts have estimated the company’s revenue for the quarter at 1.24B, with a low estimate of 244.3M and a high estimate of 257.25M. Wall Street analysts also predicted that the company’s y-o-y revenues would reach 248.84M.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that TEM’s technical picture suggests that short-term indicators denote the stock is a 100% Sell on average. However, medium-term indicators have put the stock in the category of 50% Buy while long-term indicators on average have been pointing out that it is a 50% Sell.
The stock’s technical analysis shows that the price of TEM currently trading nearly -12.80% and -26.13% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 41.54, while the 7-day volatility ratio is showing 7.84% which for the 30-day chart, stands at 11.17%. Furthermore, Tempus AI Inc (TEM)’s average true range (ATR) is 5.30.
Data on historical trading for Tempus AI Inc (NASDAQ:TEM) indicates that the trading volumes over the past 10 days have averaged 10.24 and over the past 3 months, they’ve averaged 14.28 million. According to company’s latest data on outstanding shares, there are 157.08 million shares outstanding.
Nearly 54.67% of Tempus AI Inc’s shares belong to company insiders and institutional investors own 24.61% of the company’s shares. The data on short interest also indicates that stock shorts accounted for 19.96 million shares as on 2025-03-31, resulting in a short ratio of 1.86. According to the data, the short interest in Tempus AI Inc (TEM) stood at 1591.00 of shares outstanding as of 2025-03-31; the number of short shares registered in 2025-02-28 reached 14.18 million. The stock has risen by 21.03% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the TEM stock heading into the next quarter.
