The price of Tempus AI Inc (NASDAQ:TEM) shares last traded on Wall Street fell -7.78% to $42.58.
TEM stock price is now -25.97% away from the 50-day moving average and -13.20% away from the 200-day moving average. The market capitalization of the company currently stands at $7.37B.
With the price target enhanced from $50 to $55, JP Morgan Downgraded its rating from Overweight to Neutral for Tempus AI Inc (NASDAQ: TEM)., while ‘TD Cowen’ rates the stock as ‘Buy’
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 $1.4 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 $1.1 million. A total of 54.70% 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 $57.5137 and a two-hundred day moving average price translates $49.0559 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.
