Movement Alert|Tempus AI Intraday Rise 5.26% in Regular Trading, post-earnings target price increase supports sentiment

Market Focus
Yesterday

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.

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