The price of Tempus AI Inc (NASDAQ:TEM) shares last traded on Wall Street rose 0.50% to $61.85.
TEM stock price is now 34.60% away from the 50-day moving average and 32.74% away from the 200-day moving average. The market capitalization of the company currently stands at $9.74B.
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With the price target of $60, Wolfe Research recently initiated with Outperform rating for Tempus AI Inc (NASDAQ: TEM). On December 09, 2024, Guggenheim recently initiated its ‘Buy’ rating on the stock quoting a target price of $74, while ‘Stifel’ rates the stock as ‘Hold’
In other news, Bartolucci Ryan M, Chief Accounting Officer sold 13,770 shares of the company’s stock on Jan 31 ’25. The stock was sold for $826,200 at an average price of $60.00. Upon completion of the transaction, the Chief Accounting Officer now directly owns 57,237 shares in the company, valued at $3.54 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Jan 31 ’25, CEO and Chairman LEFKOFSKY ERIC P sold 82,056 shares of the business’s stock. A total of $4,776,799 was realized by selling the stock at an average price of $58.21. This leaves the insider owning 5,532,987 shares of the company worth $342.22 million. A total of 67.33% 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 $79.49. As of last week, the company has a debt-to-equity ratio of 8.78, a current ratio of 2.69, and a quick ratio of 2.55. The fifty day moving average price for TEM is $45.7939 and a two-hundred day moving average price translates $46.49934 for the stock.
The latest earnings results from Tempus AI Inc (NASDAQ: TEM) was released for 2024-09-30. The company reported revenue of $180.93 million for the quarter, compared to $136.06 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 32.98 percent. For the current quarter, analysts expect TEM to generate $200.46M in revenue.
