Tempus AI Inc (NASDAQ:TEM) shares traded -9.08% lower at $53.25 on Wall Street last session.
TEM stock price is now -5.96% away from the 50-day moving average and 8.68% away from the 200-day moving average. The market capitalization of the company currently stands at $9.17B.
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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, Polovin Andrew, EVP and General Counsel sold 3,076 shares of the company’s stock on Mar 21 ’25. The stock was sold for $153,800 at an average price of $50.00. Upon completion of the transaction, the EVP and General Counsel now directly owns 151,095 shares in the company, valued at $8.05 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Mar 21 ’25, Officer ANDREW POLOVIN bought 3,076 shares of the business’s stock. A total of $147,771 was incurred on buying the stock at an average price of $48.04. A total of 54.71% 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 $56.2091 and a two-hundred day moving average price translates $48.97299 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.
