Veteran analyst unveils bold price target for Tempus AI stock

From Yahoo Finance: 2025-06-12 15:47:00

Veteran analyst sets bold price target for Tempus AI stock, with a 12% surge in the past five days and 109% growth this year despite a recent drop due to a short-seller report. Tempus AI responded, citing strong financial performance. Ark Invest’s Cathie Wood is a major investor, purchasing over $17 million in shares.

Tempus AI stock plunged over 19% in May after a short-seller report raised concerns about revenue recognition issues and questioned the validity of its artificial intelligence services. The company responded, defending its performance and growth history. Despite recent losses, Tempus AI posted 75.4% revenue growth and raised its full-year forecast to $1.25 billion.

Ark Invest’s Cathie Wood remains confident in Tempus AI’s mission and technology despite short report allegations. Former House Speaker Nancy Pelosi and Barchetta Capital Management’s Ed Ponsi have also shown interest in the company. Ponsi predicts a medical revolution with AI technology disrupting the industry and accelerating the development of new drugs and therapies.

Barchetta Capital Management’s Ed Ponsi is bullish on Tempus AI, highlighting the company’s market potential and technical setup. Ponsi points out a bullish pattern on the stock chart and sets a price target of $90. With a recent close at $70.78, the stock has cleared a key resistance level. Ponsi sees potential for a move to the $90 area or higher.

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