{"id":15363,"date":"2024-07-12T08:47:07","date_gmt":"2024-07-12T00:47:07","guid":{"rendered":"https:\/\/www.1ai.net\/?p=15363"},"modified":"2024-07-12T08:47:07","modified_gmt":"2024-07-12T00:47:07","slug":"%e8%bd%af%e9%93%b6%e6%94%af%e6%8c%81%e7%9a%84%e5%9f%ba%e5%9b%a0%e6%a3%80%e6%b5%8b%e5%85%ac%e5%8f%b8-tempus-ai-%e5%8f%97%e5%8d%8e%e5%b0%94%e8%a1%97%e9%9d%92%e7%9d%90%ef%bc%9a%e6%91%a9%e6%a0%b9%e5%a4%a7","status":"publish","type":"post","link":"https:\/\/www.1ai.net\/en\/15363.html","title":{"rendered":"Tempus AI, a genetic testing company backed by SoftBank, is favored by Wall Street: 7 brokerages including JPMorgan Chase give buy or overweight ratings"},"content":{"rendered":"<p data-vmark=\"c0e2\">According to Reuters today, starting from Tuesday local time,<a href=\"https:\/\/www.1ai.net\/en\/tag\/%e5%8d%8e%e5%b0%94%e8%a1%97\" title=\"[View articles tagged with [Wall Street]]\" target=\"_blank\" >Wall Street<\/a>Begin to look favorably<a href=\"https:\/\/www.1ai.net\/en\/tag\/%e8%bd%af%e9%93%b6\" title=\"[View articles tagged with [softbank]]\" target=\"_blank\" >SoftBank<\/a>Company Supported<a href=\"https:\/\/www.1ai.net\/en\/tag\/%e5%9f%ba%e5%9b%a0%e6%a3%80%e6%b5%8b%e5%85%ac%e5%8f%b8\" title=\"[View articles tagged with [genetic testing company]]\" target=\"_blank\" >Genetic Testing Companies<\/a>\u00a0<strong><a href=\"https:\/\/www.1ai.net\/en\/tag\/tempus\" title=\"[View articles tagged with [Tempus]]\" target=\"_blank\" >Tempus<\/a> AI<\/strong>, the company has\u00a0<strong>AI-driven clinical and molecular databases<\/strong>, which is thought to lead to more powerful diagnostic and testing tools.<\/p>\n<p data-vmark=\"fb06\"><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-15364\" title=\"0e040409-160b-444b-9455-4d96c9c58059\" src=\"https:\/\/www.1ai.net\/wp-content\/uploads\/2024\/07\/0e040409-160b-444b-9455-4d96c9c58059.png\" alt=\"0e040409-160b-444b-9455-4d96c9c58059\" width=\"1239\" height=\"1130\" \/><\/p>\n<p data-vmark=\"4359\">Tempus AI is headquartered in Chicago, USA, and sells its products to clinicians and hospital systems.<strong>Genomic diagnostic testing products<\/strong>, covering<strong>Oncology,<\/strong><strong>Psychiatry, Radiology and Cardiology<\/strong>and other fields.<\/p>\n<p data-vmark=\"11be\">include<a href=\"https:\/\/www.1ai.net\/en\/tag\/%e6%91%a9%e6%a0%b9%e5%a4%a7%e9%80%9a\" title=\"[View articles tagged with [JP Morgan]]\" target=\"_blank\" >JPMorgan Chase<\/a>Seven brokerages, including Morgan Stanley, Bank of America Global Research and Stifel, gave the company its first<strong>\u201cBuy\u201d or \u201cOverweight\u201d rating<\/strong>, TD Cowen gave the highest target price of $50.<\/p>\n<p data-vmark=\"87af\">JPMorgan Chase predicts that Tempus&#039; revenue will grow by about 33% by 2027. The company expects to achieve core profitability in the second half of 2025. It said Tempus has successfully achieved<strong>Unique clinical genomic data monetization<\/strong>, which differentiates Tempus from other competitors.<\/p>\n<p data-vmark=\"1ac6\">Morgan Stanley predicts that the company&#039;s revenue will grow by 27% by 2028 and is expected to achieve<strong>Core profit break-even<\/strong>.<\/p>\n<p data-vmark=\"c992\">Bank of America Global Research said Tempus also has room to further expand existing relationships with biotech and big pharma companies and add new clients.<\/p>\n<p data-vmark=\"bf9b\">Tempus AI\u2019s net loss widened to $289.8 million in fiscal 2023 from $214.1 million the year before, while total revenue grew 65.81% to $531.8 million, according to the report. But according to regulatory filings, revenue from its AI applications business accounted for about 11% of total revenue. Tempus describes its AI applications revenue as \u201c<strong>Not relevant<\/strong>\u201d.<\/p>","protected":false},"excerpt":{"rendered":"<p>Starting on Tuesday local time, Wall Street has become bullish on SoftBank Corp-backed genetic testing company Tempus AI, which has AI-driven clinical and molecular databases that are seen to lead to more powerful diagnostic and testing tools, Reuters reported today. Tempus AI, which is headquartered in Chicago, sells genomic diagnostic tests to clinicians and hospital systems across the fields of oncology, psychiatry, radiology and cardiology. Seven brokerages, including JPMorgan Chase, Morgan Stanley, Bank of America Global Research and Stifel, have given the company their first \"buy\" or \"hold\" ratings, with TD Cowen giving the highest price target of $50. JPMorgan Chase forecasts Tempus' revenues to reach $50 billion by the end of the year, with a target price of $50 at the end of the year.<\/p>","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[146],"tags":[3444,279,3445,2678,1253],"collection":[],"class_list":["post-15363","post","type-post","status-publish","format-standard","hentry","category-news","tag-tempus","tag-279","tag-3445","tag-2678","tag-1253"],"acf":[],"_links":{"self":[{"href":"https:\/\/www.1ai.net\/en\/wp-json\/wp\/v2\/posts\/15363","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.1ai.net\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.1ai.net\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.1ai.net\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.1ai.net\/en\/wp-json\/wp\/v2\/comments?post=15363"}],"version-history":[{"count":0,"href":"https:\/\/www.1ai.net\/en\/wp-json\/wp\/v2\/posts\/15363\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.1ai.net\/en\/wp-json\/wp\/v2\/media?parent=15363"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.1ai.net\/en\/wp-json\/wp\/v2\/categories?post=15363"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.1ai.net\/en\/wp-json\/wp\/v2\/tags?post=15363"},{"taxonomy":"collection","embeddable":true,"href":"https:\/\/www.1ai.net\/en\/wp-json\/wp\/v2\/collection?post=15363"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}