Are Analysts Expecting A Better 2020 For Tempus AI Inc (TEM)?

Tempus AI Inc (TEM) concluded trading on Wednesday at a closing price of $34.92, with 5.33 million shares of worth about $186.21 million changed hands on the day. Half year performance of the stock remained negative as price took a plunge of -14.29% during that period and on January 15, 2025 the price saw a gain of about 9.71%. Currently the company’s common shares owned by public are about 150.28M shares, out of which, 49.10M shares are available for trading.

Stock saw a price change of -10.17% in past 5 days and over the past one month there was a price change of -16.84%. Over the period of past 52 weeks, stock dropped to lowest price of $22.89 but also hit the highest price of $79.49 during that period. The average intraday trading volume for Tempus AI Inc shares is 2.57 million. The stock is currently trading -2.41% below its 20-day simple moving average (SMA20), while that difference is down -26.95% for SMA50 and it goes to -24.39% lower than SMA200.

Tempus AI Inc (NASDAQ: TEM) currently have 150.28M outstanding shares and institutions hold larger chunk of about 19.78% of that.

The stock has a current market capitalization of $5.50B. It has posted earnings per share of -$5.10 in the same period. It has Quick Ratio of 2.55 while making debt-to-equity ratio of 8.78. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for TEM, volatility over the week remained 10.80% while standing at 9.10% over the month.

Analysts are in expectations that Tempus AI Inc (TEM) stock would likely to be making an EPS of -0.15 in the current quarter, while forecast for next quarter EPS is -0.23 and it is -0.57 for next year. For the current quarter EPS, analysts have given the company a lowest target -0.2 which is -0.06 at the higher side of the target for the same.

Digging deeper we find that several firms have released their research notes about the support levels of the stock. Most recent of them is a note released by Wolfe Research on December 13, 2024 offering an Outperform rating for the stock and assigned a target price of $60 to it. Coverage by Guggenheim stated Tempus AI Inc (TEM) stock as a Buy in their note to investors on December 09, 2024, suggesting a price target of $74 for the stock. On November 11, 2024, Stifel Downgrade their recommendations, while on October 02, 2024, BofA Securities Downgrade their ratings for the stock with a price target of $60. Stock get a Neutral rating from Piper Sandler on August 12, 2024.

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