Tempus AI, Inc. (TEM) dropped 4.79% today after volatility reversed a sharp recent rally that followed its strong quarterly report and major acquisition news. The selling pressure contrasts with a continued bullish technical structure, as the stock holds above key moving averages and support levels.
Highlights
- Tempus AI reported Q2 2026 revenue of $382.5 million, up 22% year over year, with positive net income and EBITDA.
- Full-year revenue guidance was raised to about $1.6 billion with a 25% growth target, and a $1.5 billion Personalis acquisition was announced to expand molecular diagnostics.
- Shares of Tempus AI are trading with bullish technical alignment and high momentum, though current price action is volatile with a projected five-day range of $64.86 to $88.16.
Improved outlook and acquisition met with persistent selling pressure
Tempus AI posted Q2 2026 earnings with a 22% year-over-year revenue increase to $382.5 million, positive net income and EBITDA, and a cash reserve between $599.6 million and $816 million. The company raised full-year revenue guidance to about $1.6 billion with a 25% growth target. A $1.5 billion agreement to acquire Personalis was also announced to expand molecular diagnostics capabilities, though price action has remained under broader selling pressure.
Bullish trend persists amid overbought signals and fresh intraday volatility
Tempus AI is trading above its 20-day, 50-day, and 200-day moving averages ($65.92, $56.73, and $56.13, respectively), confirming a bullish alignment of short-, medium-, and long-term trends. The Ichimoku Kijun at $65.32 acts as underlying support. The near-term floor is located at $76.14 and the ceiling at $81.28, while overall structure remains positive. Momentum indicators, including MACD and ADX, signal ongoing buying strength. However, the RSI is elevated at 72.22 and additional oscillators (CCI, Stochastic RSI, BBP) indicate overbought conditions, and recent intraday volatility of 7.47% and price declines since the open highlight renewed short-term pressure despite the bullish structure.
Earlier, analysts noted that Tempus AI was exhibiting sustained bullish momentum supported by positive broker coverage and technical strength. The current technical structure remains constructive despite today's retracement, with traders advised to monitor the $64.86 support and $88.16 resistance as the primary levels guiding the next directional move.