- Here's What Happened Written by MarketBeat May 28, 2025
Tempus AI, Inc. (NASDAQ:TEM - Get Free Report)'s share price gapped down before the market opened on Wednesday . The stock had previously closed at $65.87, but opened at $63.99. Tempus AI shares last traded at $56.35, with a volume of 11,619,197 shares.
TEM has been the subject of several research analyst reports. JPMorgan Chase & Co. lowered shares of Tempus AI from an "overweight" rating to a "neutral" rating and raised their price objective for the stock from $50.00 to $55.00 in a report on Tuesday, February 25th. TD Cowen reissued a "buy" rating and set a $74.00 price target (up previously from $58.00) on shares of Tempus AI in a research report on Wednesday, February 5th. William Blair reissued a "market perform" rating on shares of Tempus AI in a research report on Tuesday, February 25th. Needham & Company LLC reissued a "buy" rating and set a $70.00 price target on shares of Tempus AI in a research report on Wednesday, May 7th. Finally, Guggenheim reissued a "buy" rating on shares of Tempus AI in a research report on Tuesday, February 25th. Six research analysts have rated the stock with a hold rating and seven have issued a buy rating to the company's stock. According to MarketBeat.com, the company presently has an average rating of "Moderate Buy" and a consensus target price of $63.42.
The company has a debt-to-equity ratio of 8.17, a quick ratio of 2.55 and a current ratio of 2.69. The stock's 50 day simple moving average is $52.21 and its 200 day simple moving average is $52.15. The firm has a market capitalization of $9.20 billion and a P/E ratio of -6.87.
Tempus AI (NASDAQ:TEM - Get Free Report) last released its quarterly earnings data on Tuesday, May 6th. The company reported ($0.24) earnings per share (EPS) for the quarter, beating analysts' consensus estimates of ($0.27) by $0.03. The business had revenue of $255.74 million for the quarter, compared to the consensus estimate of $248.13 million. The company's revenue was up 75.4% compared to the same quarter last year. As a group, analysts expect that Tempus AI, Inc. will post -6.15 earnings per share for the current fiscal year.
In related news, EVP Andrew Polovin sold 13,135 shares of the stock in a transaction that occurred on Tuesday, March 18th. The shares were sold at an average price of $45.98, for a total transaction of $603,947.30. Following the completion of the sale, the executive vice president now owns 154,171 shares of the company's stock, valued at $7,088,782.58. This represents a 7.85% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, Director Wayne A.I. Frederick sold 3,000 shares of the firm's stock in a transaction on Monday, March 31st. The stock was sold at an average price of $45.54, for a total transaction of $136,620.00. Following the completion of the transaction, the director now directly owns 26,514 shares of the company's stock, valued at approximately $1,207,447.56. This represents a 10.16% decrease in their position. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 3,963,276 shares of company stock worth $228,006,438. Corporate insiders own 27.60% of the company's stock.
Institutional Trading of Tempus AI
Several hedge funds and other institutional investors have recently added to or reduced their stakes in TEM. Arete Wealth Advisors LLC acquired a new stake in shares of Tempus AI in the first quarter valued at about $314,000. Temasek Holdings Private Ltd acquired a new stake in shares of Tempus AI in the first quarter valued at about $360,000. Scientech Research LLC acquired a new stake in shares of Tempus AI in the first quarter valued at about $1,047,000. NewEdge Advisors LLC grew its position in shares of Tempus AI by 2,420.6% in the first quarter. NewEdge Advisors LLC now owns 36,548 shares of the company's stock valued at $1,763,000 after purchasing an additional 35,098 shares during the period. Finally, KADENSA CAPITAL Ltd acquired a new stake in shares of Tempus AI in the first quarter valued at about $22,130,000. Institutional investors and hedge funds own 24.22% of the company's stock.
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