Artificial Intelligence Stocks To Consider - November 3rd

Key Points

• MarketBeat identified five AI-related stocks to watch: Tempus AI, Hut 8, Upstart, SentinelOne, and Fermi, selected based on their recent dollar trading volume.
• The companies span several AI applications, including precision healthcare, data centers and computing, AI lending, cybersecurity, and power infrastructure for hyperscale AI operations.
• Trading was mixed and volatility remained high: Tempus AI, Hut 8, Upstart, and SentinelOne rose on Tuesday, while Fermi declined and remained near its 12-month low.

Tempus AI, Hut 8, Upstart, SentinelOne, and Fermi are the five Artificial Intelligence stocks to watch today, according to MarketBeat's stock screener tool. Artificial intelligence stocks are shares of publicly traded companies that develop, supply, or use AI technologies, such as machine learning software, semiconductors, cloud computing, and robotics. For stock market investors, the term generally refers to companies viewed as having significant revenue growth or competitive advantages linked to the expanding adoption of AI. These companies had the highest dollar trading volume of any Artificial Intelligence stocks within the last several days.

Tempus AI (TEM)

Tempus AI Inc. is a technology company advancing precision medicine through the practical application of artificial intelligence principally in healthcare. The company provides AI-enabled precision medicine solutions to physicians to deliver personalized patient care and in parallel facilitates discovery, development and delivery of optimal therapeutics.

Shares of Tempus AI stock traded up $2.26 during trading on Tuesday, hitting $80.74. The stock had a trading volume of 3,112,373 shares, compared to its average volume of 6,226,195. The business's 50-day moving average is $70.80 and its 200 day moving average is $57.12. Tempus AI has a 12 month low of $40.77 and a 12 month high of $89.09. The company has a current ratio of 3.30, a quick ratio of 3.16 and a debt-to-equity ratio of 3.06. The firm has a market cap of $14.57 billion, a price-to-earnings ratio of -55.69 and a beta of 3.54.

Read Our Latest Research Report on TEM

Hut 8 (HUT)

Hut 8 Corp., together with its subsidiaries, acquires, builds, manages, and operates data centers for digital assets mining, computing, and artificial intelligence in the United States. It operates in four segments: Digital Assets Mining, Managed Services, High Performance Computing Colocation and Cloud, and Other.

HUT stock traded up $8.89 during trading on Tuesday, hitting $63.90. 3,614,991 shares of the stock traded hands, compared to its average volume of 4,945,469. The stock has a market cap of $7.88 billion, a price-to-earnings ratio of -11.70 and a beta of 4.62. The company has a debt-to-equity ratio of 4.22, a current ratio of 19.35 and a quick ratio of 19.35. The firm's 50 day moving average is $83.46 and its two-hundred day moving average is $82.30. Hut 8 has a 1 year low of $31.67 and a 1 year high of $140.80.

Read Our Latest Research Report on HUT

Upstart (UPST)

Upstart Holdings, Inc., together with its subsidiaries, operates a cloud-based artificial intelligence (AI) lending platform in the United States. Its platform includes personal loans, automotive retail and refinance loans, home equity lines of credit, and small dollar loans that connects consumer demand for loans to its to bank and credit unions.

NASDAQ:UPST traded up $0.31 during midday trading on Tuesday, hitting $21.62. The stock had a trading volume of 4,855,415 shares, compared to its average volume of 4,652,842. The stock has a 50-day moving average of $25.15 and a 200 day moving average of $29.89. The company has a market capitalization of $2.10 billion, a price-to-earnings ratio of 44.02, a PEG ratio of 0.85 and a beta of 2.43. Upstart has a one year low of $20.60 and a one year high of $52.10.

Read Our Latest Research Report on UPST

SentinelOne (S)

SentinelOne, Inc. operates as a cybersecurity provider in the United States and internationally. Its Singularity Platform delivers an artificial intelligence-powered autonomous threat prevention, detection, and response capabilities across an organization's endpoints, cloud workloads, and identify credentials, which enables seamless and autonomous protection against a spectrum of cyber threats.

S traded up $0.43 on Tuesday, hitting $23.59. The company had a trading volume of 1,665,964 shares, compared to its average volume of 8,537,522. The company's fifty day moving average price is $22.97 and its 200 day moving average price is $17.66. The firm has a market cap of $8.21 billion, a P/E ratio of -23.34 and a beta of 0.70. SentinelOne has a 1 year low of $11.81 and a 1 year high of $26.50.

Read Our Latest Research Report on S

Fermi (FRMI)

Fermi’s mission is to power the artificial intelligence (“AI”) needs of tomorrow. We are an advanced energy and hyperscaler development company purpose-built for the AI era. Our mission is to deliver up to 11 gigawatts (“GW”) of low-carbon, HyperRedundant™, and on-demand power directly to the world’s most compute-intensive businesses with 1.1 GW of power projected to be online by the end of 2026.

Shares of FRMI stock traded down $0.12 during mid-day trading on Tuesday, reaching $2.08. The stock had a trading volume of 12,188,103 shares, compared to its average volume of 15,941,543. The company has a market cap of $1.33 billion and a P/E ratio of -1.75. The business has a 50-day simple moving average of $4.19 and a 200 day simple moving average of $6.47. Fermi has a 12-month low of $2.02 and a 12-month high of $28.90.

Read Our Latest Research Report on FRMI

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