Why Tempus AI Inc’s (TEM) Stock Is Down 4.50%

By AAII Staff
August 07, 2024
Featured Tickers:
TEM

Avoid the stress of overpaying for a stock or missing an opportunity by using the right tools and insights to evaluate Tempus AI Inc before investing.

In this article, we go over a few key elements for understanding Tempus AI Inc’s stock price such as:

  • Tempus AI Inc’s current stock price and volume
  • Why Tempus AI Inc’s stock price changed recently
  • Upgrades and downgrades for TEM from analysts
  • TEM’s stock price momentum as measured by its relative strength

About Tempus AI Inc (TEM)

Before we jump into Tempus AI Inc’s stock price, history, target price and what caused it to recently dip, let’s take a look at some background.

Tempus AI, Inc. is a technology company. The Company provides next generation diagnostics across multiple disease areas, with technology capabilities, harnessing the data and analytics to help personalize medicine. The Company’s product lines include genomics, data, and artificial intelligence applications (AI). Its genomics product line leverages its laboratories to provide next generation sequencing, diagnostics, polymerase chain reaction (PCR), profiling, molecular genotyping, and other anatomic and molecular pathology testing. The Company's AI applications are focused on developing and providing diagnostics that are algorithmic in nature, implementing new software as a medical device, and building and deploying clinical decision support tools. Its primary product of AI applications is Next, an AI platform that leverages machine learning to apply an intelligent layer onto routinely generated data to proactively identify and minimize care gaps for oncology and cardiology patients.

Want to learn more about Tempus AI Inc’s stock? Click the button below to subscribe to A+ Investor and get access to everything you need to know about Tempus AI Inc.

Learn More About A+ Investor

Tempus AI Inc’s Stock Price as of Market Close

As of August 07, 2024, 4:00 PM, CST, Tempus AI Inc’s stock price was $38.82.

Tempus AI Inc is down 4.5% from its previous closing price of $40.65.

During the last market session, Tempus AI Inc’s stock traded between $38.00 and $41.99. Currently, there are 0.00 million shares of Tempus AI Inc stock available for purchase.

Unfortunately, Tempus AI Inc’s P/E ratio is not significant enough to use for stock price evaluation. We recommend investors evaluate other financial metrics to understand its overall valuation.

Tempus AI Inc Stock Price History

Tempus AI Inc’s (TEM) price is currently down 10.31% so far this month.

During the month of August, Tempus AI Inc’s stock price has reached a high of $45.58 and a low of $32.80.

Over the last year, Tempus AI Inc has hit prices as high as $47.09 and as low as $22.89.

Sign Up to Receive a Free Special Report Showing How A+ Grades Can Help You Make Smarter Investment Decisions

What Caused Tempus AI Inc Stock’s Price to Dip?

Stock prices are primarily based on seller supply and buyer demand. But have you ever wondered about what other factors affect a stock's price?

When an analyst changes their opinion of a stock by upgrading or downgrading their rating, it often leads to a sudden stock price adjustment. As of August 06, 2024, there were analysts who downgraded Tempus AI Inc’s stock and analysts who upgraded over the last month.

Additionally, you'll want to evaluate Tempus AI Inc’s financial health and valuation. Investors can use AAII's Value Grade, which combines six key valuation metrics like P/E and P/S ratios for a comprehensive analysis to conduct analysis on Tempus AI Inc’s valuation and financial health. This approach mitigates the limitations of single-metric evaluations.

Learn how to evaluate stocks with AAII Grades and Scores with A+ Investor today.

Lastly, news and media coverage as well as recent press reports about the company or its industry may cause stock prices to fluctuate. You can check out the most recent news articles about Tempus AI Inc (TEM) by visiting AAII Stock Evaluator.

Relative Price Strength of Tempus AI Inc

Relative price strength measures a stock's performance against the market, helping investors identify stocks that are outperforming benchmarks.

For AAII’s Momentum Grade, a weighted relative price strength is calculated. Follow this link to learn more about the Momentum Grade.

As of August 06, 2024, Tempus AI Inc has a weighted four-quarter relative price strength of %, which translates to a Momentum Score of and is considered to be NA.

Want to learn more about how Tempus AI Inc is graded based on AAII’s composite scores for value, growth, quality and earnings estimate revisions? Subscribe to A+ Investor today.

Tempus AI Inc Stock Price: Bottom Line

As of August 7, 2024, Tempus AI Inc’s stock price is $38.82, which is down 4.5% from its previous closing price.

AAII advises against making stock decisions based solely on price or past returns. Instead, consider a variety of metrics, fundamentals, and analytics to evaluate a stock like Tempus AI Inc stock prices are influenced by market supply and demand and offer just a snapshot of a company's overall health.

Subscribing to AAII's A+ Investor provides access to comprehensive analytics and insights for confident investing.

Learn More About A+ Investor

Find New Stock Opportunities With Included With AAII Platinum
Est Rev: Up 5% Screen: 21.7% Compared to S&P 500
at only 6.9%

Since Inception. Data as of 12/31/2024.




Try AAII Platinum and get full access to
769.3% Stock Superstars Portfolio Total Return Since Inception
Compare to:
710.3% iShare DOW Jones
U.S. Index ETF (IYY)

SSR Group 3 O'Shaughnessy portfolio has a 411.2% gain since inception performance compared to IYY at only 119.1%% Performance as of 11/29/24.

Get your free copy of our special report analyzing the tech stocks most likely to outperform the market.

Download the FREE Report Here:

BECOME A MEMBER FOR ONLY $2

Get access to powerful investment discovery tools and a wealth of investment education to help you achieve your financial goals.