Tempus AI (NASDAQ:TEM) Trading Down 7.4% After Analyst Downgrade

Market Beat
2026.02.25 16:47
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Tempus AI (NASDAQ:TEM) shares fell 7.4% after Needham & Company downgraded its price target from $100 to $75, maintaining a buy rating. The stock traded as low as $53.80, with a volume decline of 26% from the average. Analysts have mixed views, with Morgan Stanley raising its target to $85, while BTIG cut it to $90. Insider selling was noted, with significant shares sold recently. Despite strong revenue growth and positive long-term guidance, concerns over profitability and valuation have led to a cautious market reaction.