Tempus AI Inc [NASDAQ: TEM] stock went on an upward path that rose over 35.53% on Tuesday, amounting to a one-week price increase of more than 47.31%.
The one-year Tempus AI Inc stock forecast points to a potential upside of 16.26. The average equity rating for TEM stock is currently 1.55, trading closer to a bullish pattern in the stock market.
The market cap for the stock reached $7.50 billion, with 150.28 million shares outstanding and 49.10 million shares in the current float. Compared to the average trading volume of 2.70M shares, TEM stock reached a trading volume of 32664530 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Guru’s Opinion on Tempus AI Inc [TEM]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for TEM shares is $56.89 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on TEM stock is a recommendation set at 1.55. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
Wolfe Research have made an estimate for Tempus AI Inc shares, keeping their opinion on the stock as Outperform, with their previous recommendation back on December 13, 2024. While these analysts kept the previous recommendation, Guggenheim raised their target price to Buy. The new note on the price target was released on December 09, 2024, representing the official price target for Tempus AI Inc stock. Previously, the target price had yet another raise from $45 to $65, while Stifel kept a Hold rating on TEM stock. On October 02, 2024, analysts increased their price target for TEM shares from 45 to 60.
The Average True Range (ATR) for Tempus AI Inc is set at 4.64, with the Price to Sales ratio for TEM stock in the period of the last 12 months amounting to 11.71. The Price to Book ratio for the last quarter was 137.72, with the Price to Cash per share for the same quarter was set at 2.96.
TEM Stock Performance Analysis:
Tempus AI Inc [TEM] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 47.31. With this latest performance, TEM shares gained by 22.31% in over the last four-week period, additionally plugging by 15.07% over the last 6 months.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for TEM stock in for the last two-week period is set at 62.16, with the RSI for the last a single of trading hit 71.95, and the three-weeks RSI is set at 56.27 for Tempus AI Inc [TEM]. The present Moving Average for the last 50 days of trading for this stock 47.35, while it was recorded at 36.86 for the last single week of trading.
Insight into Tempus AI Inc Fundamentals:
Tempus AI Inc’s liquidity data is similarly interesting compelling, with a Quick Ratio of 2.55 and a Current Ratio set at 2.69.
TEM Stock EPS
The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for TEM. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for Tempus AI Inc go to 34.27%.
Tempus AI Inc [TEM] Institutonal Ownership Details
The top three institutional holders of TEM stocks are: SOFTBANK GROUP CORP. with ownership of 5.41 million shares, which is approximately 3.5061%. NEA MANAGEMENT COMPANY, LLC, holding 4.57 million shares of the stock with an approximate value of $$160.05 million in TEM stocks shares; and NEA MANAGEMENT COMPANY, LLC, currently with $$142.6 million in TEM stock with ownership which is approximately 2.6428%.
