The price of Tempus AI Inc (NASDAQ:TEM) shares last traded on Wall Street fell -1.12% to $52.90.
TEM stock price is now 0.58% away from the 50-day moving average and 5.88% away from the 200-day moving average. The market capitalization of the company currently stands at $9.15B.
With the price target of $60, BTIG Research recently initiated with Buy rating for Tempus AI Inc (NASDAQ: TEM). On February 25, 2025, JP Morgan Downgraded its previous ‘Overweight’ rating to ‘Neutral’ on the stock increasing its target price from $50 to quote $55, while ‘William Blair’ rates the stock as ‘Mkt Perform’
In other news, Gottlieb Scott, Director sold 27,837 shares of the company’s stock on Apr 01 ’25. The stock was sold for $1,314,154 at an average price of $47.21. Upon completion of the transaction, the Director now directly owns 32,839 shares in the company, valued at $1.74 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Apr 01 ’25, Director Doudna Jennifer A sold 625 shares of the business’s stock. A total of $30,075 was realized by selling the stock at an average price of $48.12. This leaves the insider owning 25,740 shares of the company worth $1.36 million. A total of 54.67% of the company’s stock is owned by insiders.
During the past 12 months, Tempus AI Inc has had a low of $22.89 and a high of $91.45. As of last week, the company has a debt-to-equity ratio of 8.31, a current ratio of 2.29, and a quick ratio of 2.16. The fifty day moving average price for TEM is $52.5949 and a two-hundred day moving average price translates $49.9633 for the stock.
The latest earnings results from Tempus AI Inc (NASDAQ: TEM) was released for 2024-12-31. The company reported revenue of $200.68 million for the quarter, compared to $147.72 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 35.85 percent.
