In Tuesday’s Wall Street session, Tempus AI Inc (NASDAQ:TEM) shares traded at $68.91, up 9.92% from the previous session.
TEM stock price is now 38.79% away from the 50-day moving average and 34.96% away from the 200-day moving average. The market capitalization of the company currently stands at $11.93B.
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, Leonsis Theodore, Director sold 770 shares of the company’s stock on May 09 ’25. The stock was sold for $51,020 at an average price of $66.26. Upon completion of the transaction, the Director now directly owns 43,550 shares in the company, valued at $3.0 million. An SEC document containing details of the transaction can be found on the SEC’s website. On May 09 ’25, Shareholder REVOLUTION GROWTH III, LP bought 770 shares of the business’s stock. A total of $50,219 was incurred on buying the stock at an average price of $65.22. A total of 53.57% 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.
