On November 5, Tempus AI fell 6.61% in Regular Trading, trading at $69.64 per share, with turnover of $75.0892 million.

The move followed continued profit-taking after the stock had rallied in prior sessions on a broker upgrade and stronger-than-expected third-quarter results and full-year revenue guidance.

Recent disclosures showed Jefferies upgraded Tempus AI to Hold from Sell with a $70 price target, while the company reported third-quarter revenue of $411.5 million versus market expectations of $409.4 million and adjusted EPS of $0.07, ahead of the expected loss of $0.09. Gross margin improved to 64.8% from 62.8% a year earlier, and full-year revenue guidance was set at $1.60 billion to $1.61 billion. A separate analyst also raised its target price to $85 while maintaining a Buy rating, but the latest trading indicates those positives had already been largely priced in.

(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)