Growth OutlookThere is an expectation that the company's growth will slow down in 2026 unless a major acquisition occurs.
Valuation And Stock PerformanceAlthough business fundamentals remain constructive, the stock is considered more fairly valued at a high multiple, leading to a downgrade to Hold.
Valuation ConcernsIt remains difficult for investors to analyze and value TEM's Data segment due to the lack of tangible R&D proof points.