TD Cowen Reaffirms Hold Rating on Tempus AI (TEM), Cites the Company’s Position to be a Leader

2 hours ago 2

Tempus AI, Inc. (NASDAQ:TEM) ranks among the best AI stocks to bargain according to analysts. On December 8, TD Cowen reaffirmed its Hold standing connected Tempus AI, Inc. (NASDAQ:TEM), with an $88 terms target. According to TD Cowen, expert Dan Brennan volition beryllium joined by a co-analyst successful covering the healthcare AI company. The added sum volition absorption connected leveraging TD Cowen’s artificial quality abilities to analyse Tempus AI’s database and commercialized applications.

Citing the company’s immense information assets arsenic a competitory advantage, the steadfast believes Tempus AI, Inc. (NASDAQ:TEM) is “well positioned to beryllium a leader” successful the pharmaceutical R&D ratio area. As genomics investigating and information services gained traction, the institution declared a gross of $334.2 million, portion adjusted EBITDA improved to $1.5 million.

In addition, Tempus AI, Inc. (NASDAQ:TEM) absorption is shifting a sizeable information of xT CDx measurement to FDA-approved and Advanced Diagnostic Laboratory Test tracks, with further FDA filings planned. The institution aims to taxable xT for FDA support by the extremity of this year, followed by the xR test, establishing a model for ADLT pricing done 2026.

Tempus AI, Inc. (NASDAQ:TEM) is simply a exertion institution focused connected precision medicine by applying artificial quality to healthcare data. The institution provides next-gen sequencing diagnostics, polymerase concatenation absorption profiling, molecular genotyping, and different anatomic and molecular pathology testing.

While we admit the imaginable of TEM arsenic an investment, we judge definite AI stocks connection greater upside imaginable and transportation little downside risk. If you're looking for an highly undervalued AI banal that besides stands to payment importantly from Trump-era tariffs and the onshoring trend, spot our escaped study connected the best short-term AI stock.

READ NEXT: 10 Best Magic Formula Stocks for 2025 and 10 Best Retirement Stocks to Buy According to Hedge Funds.

Disclosure: None. This nonfiction is primitively published at Insider Monkey.

Read Entire Article