On November 6, Tempus AI rose 5.26% in Regular Trading, trading at $73.85 per share, with turnover of $58.3942 million.
The move followed continued support from better-than-expected third-quarter results and a post-earnings target price increase to $85, which helped stabilize sentiment after the prior pullback.
Tempus AI previously reported third-quarter revenue of $411.5 million, above the $409.4 million consensus, while adjusted EPS was $0.07 versus expectations for a loss of $0.09. Gross margin improved to 64.8% from 62.8% a year earlier, and the company guided full-year revenue to $1.60 billion-$1.61 billion, with the high end slightly above market expectations. A recent analyst update also raised the target price to $85 while maintaining a buy rating, reinforcing the earnings-driven re-rating narrative.
(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.)