Tempus AI, Inc. (NASDAQ:TEM) Looks Just Right With A 28% Price Jump
Tempus AI, Inc. (NASDAQ:TEM) shareholders would be excited to see that the share price has had a great month, posting a 28% gain and recovering from prior weakness. The last 30 days bring the annual gain to a very sharp 52%.
After such a large jump in price, when almost half of the companies in the United States’ Life Sciences industry have price-to-sales ratios (or “P/S”) below 3.5x, you may consider Tempus AI as a stock not worth researching with its 13.1x P/S ratio. Nonetheless, we’d need to dig a little deeper to determine if there is a rational basis for the highly elevated P/S.
