In Friday’s Wall Street session, Tempus AI Inc (NASDAQ:TEM) shares traded at $62.07, up 5.81% from the previous session.
TEM stock price is now 15.97% away from the 50-day moving average and 18.01% away from the 200-day moving average. The market capitalization of the company currently stands at $10.75B.
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, Fukushima Ryan, Chief Operating Officer sold 20,000 shares of the company’s stock on Jun 03 ’25. The stock was sold for $1,245,764 at an average price of $62.29. Upon completion of the transaction, the Chief Operating Officer now directly owns 856,640 shares in the company, valued at $53.17 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Jun 02 ’25, Director Doudna Jennifer A sold 558 shares of the business’s stock. A total of $30,802 was realized by selling the stock at an average price of $55.20. This leaves the insider owning 27,179 shares of the company worth $1.69 million. A total of 47.12% 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 2.63, a current ratio of 1.71, and a quick ratio of 1.56.
The company reported revenue of $255.74 million for the quarter, compared to $145.82 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 75.38 percent. For the current quarter, analysts expect TEM to generate $296.84M in revenue.
