Growth ExpectationsCommentary from a recent conference call suggested that the 2025 outlook for the core Tempus business could be guided below expectations next quarter.
Market Growth RateThe Ambry Genetics contribution will make the combined business EBITDA and cash flow positive on a run-rate basis, but the top-line growth rate of Ambry's assets is expected to be dilutive to Tempus given the slower growth profile of the hereditary cancer testing market.
Valuation ConcernsThe stock is up ~100% since its debut, but valuation now sits well above key peers, with shares sitting at 12.5x '25 sales compared to NTRA at 9.4x and GH at 4.6x.