Free Trial

Tempus AI, Inc. (NASDAQ:TEM) Receives Average Rating of "Moderate Buy" from Brokerages

Tempus AI logo with Medical background
Image from MarketBeat Media, LLC.

Key Points

  • Consensus rating: 14 analysts give Tempus AI a consensus "Moderate Buy" (9 buy, 3 hold, 2 sell) with an average 12‑month price target of about $71.36, though some firms recently cut targets (JPMorgan to $60, BTIG to $90).
  • Insider selling: Insiders have sold 563,841 shares in the past 90 days worth roughly $32.26M (including the CEO's 166,250‑share sale at $46.38), while insiders still own about 24.26% of the stock.
  • Stock profile: Market cap is roughly $9.99B, 12‑month range is $39.01–$104.32, the company has a negative P/E (‑39.62) and a high beta (4.90), indicating elevated volatility.
  • Interested in Tempus AI? Here are five stocks we like better.

Shares of Tempus AI, Inc. (NASDAQ:TEM - Get Free Report) have been given a consensus rating of "Moderate Buy" by the fourteen ratings firms that are covering the stock, MarketBeat.com reports. Two research analysts have rated the stock with a sell recommendation, three have issued a hold recommendation and nine have given a buy recommendation to the company. The average 12 month price target among analysts that have issued a report on the stock in the last year is $71.3571.

TEM has been the topic of a number of research reports. JPMorgan Chase & Co. cut their price objective on shares of Tempus AI from $80.00 to $60.00 and set a "neutral" rating on the stock in a research note on Wednesday, February 25th. BTIG Research cut their price objective on shares of Tempus AI from $105.00 to $90.00 and set a "buy" rating on the stock in a research note on Wednesday, February 25th. Robert W. Baird initiated coverage on shares of Tempus AI in a research note on Tuesday, February 17th. They issued an "outperform" rating and a $59.00 price objective on the stock. Wall Street Zen lowered shares of Tempus AI from a "hold" rating to a "sell" rating in a research note on Saturday, February 28th. Finally, Weiss Ratings reiterated a "sell (d-)" rating on shares of Tempus AI in a research note on Thursday, January 22nd.

Read Our Latest Stock Analysis on TEM

Insider Transactions at Tempus AI

In other news, EVP Andrew Polovin sold 10,949 shares of the company's stock in a transaction dated Friday, February 20th. The stock was sold at an average price of $60.31, for a total value of $660,334.19. Following the sale, the executive vice president owned 126,918 shares in the company, valued at $7,654,424.58. This represents a 7.94% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, CEO Eric P. Lefkofsky sold 166,250 shares of the company's stock in a transaction dated Thursday, March 26th. The stock was sold at an average price of $46.38, for a total value of $7,710,675.00. Following the completion of the sale, the chief executive officer owned 8,875,033 shares in the company, valued at $411,624,030.54. The trade was a 1.84% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last ninety days, insiders have sold 563,841 shares of company stock valued at $32,258,311. 24.26% of the stock is owned by insiders.

Institutional Trading of Tempus AI

Hedge funds have recently modified their holdings of the stock. Cranbrook Wealth Management LLC purchased a new stake in shares of Tempus AI in the third quarter worth about $25,000. JPL Wealth Management LLC purchased a new stake in shares of Tempus AI in the third quarter worth about $26,000. GAMMA Investing LLC purchased a new stake in shares of Tempus AI in the third quarter worth about $28,000. Los Angeles Capital Management LLC purchased a new stake in shares of Tempus AI in the fourth quarter worth about $27,000. Finally, Harvest Fund Management Co. Ltd purchased a new stake in shares of Tempus AI in the third quarter worth about $38,000. Hedge funds and other institutional investors own 24.22% of the company's stock.

Tempus AI Stock Performance

Shares of NASDAQ TEM opened at $55.87 on Monday. The company has a current ratio of 3.13, a quick ratio of 3.00 and a debt-to-equity ratio of 2.52. Tempus AI has a 12 month low of $39.01 and a 12 month high of $104.32. The company has a 50 day simple moving average of $50.84 and a two-hundred day simple moving average of $65.78. The stock has a market cap of $9.99 billion, a price-to-earnings ratio of -39.62 and a beta of 4.90.

Tempus AI Company Profile

(Get Free Report)

Tempus is a technology-driven healthcare company that applies artificial intelligence and machine learning to clinical and molecular data in order to advance precision medicine. Its primary focus lies in oncology, where the company offers comprehensive genomic profiling, digital pathology services and data-driven insights to inform personalized cancer care. By integrating DNA and RNA sequencing with structured clinical information, Tempus enables clinicians and researchers to identify targeted treatment options for patients based on the genetic characteristics of their tumors.

The company's core offering centers on a scalable, cloud-based analytics platform that aggregates vast amounts of molecular and clinical data.

Read More

Analyst Recommendations for Tempus AI (NASDAQ:TEM)

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.

Should You Invest $1,000 in Tempus AI Right Now?

Before you consider Tempus AI, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Tempus AI wasn't on the list.

While Tempus AI currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

7 Stocks to Buy And Hold Forever Cover

Click the link to see MarketBeat's list of seven stocks and why their long-term outlooks are very promising.

Get This Free Report
Like this article? Share it with a colleague.

Featured Articles and Offers

Related Videos

Stock Lists

All Stock Lists

Investing Tools

Calendars and Tools

Search Headlines