Tempus AI stock gains more than 10% after first adjusted profit and expanded collaborations
Tempus AI (TEM) jumped 10.28% after posting strong third-quarter results that featured double-digit revenue growth, its first adjusted profit, and expanded pharma partnerships. The move is supported by price action holding above all major moving averages, underscoring persistent bullish momentum across short-, medium-, and long-term trends.
Highlights
- Tempus AI revenue rose 23% year over year to $411.5 million, reaching its first adjusted quarterly profit with $25.6 million in adjusted EBITDA.
- Full-year 2026 revenue guidance increased to $1.60 to $1.605 billion, with new pharma collaborations and the Personalis acquisition expanding the precision medicine portfolio.
- Shares of Tempus AI gained 10.28% to $79.8, trading above key averages, with a five-day expected range of $74.13 to $85.79 and a 65% probability of further upside.
Oncology growth and partnerships drive guidance hike and profit turnaround
Tempus AI reported strong financial results for the third quarter of 2026, with revenue increasing 23% year-over-year to $411.5 million, driven by growth in oncology diagnostics and data services. The company achieved its first adjusted profit, delivering $25.6 million in adjusted EBITDA and narrowing its net loss to $14.9 million, aided in part by unrealized gains on marketable securities. Guidance for full-year 2026 revenue was raised to $1.60–$1.605 billion, with adjusted EBITDA forecast steady at approximately $65 million. Additional catalysts include expanded collaborations with pharmaceutical companies such as Bristol Myers Squibb, Merck, and Moderna, and the announced acquisition of Personalis to grow its AI-enabled precision medicine portfolio.
Session highs and overbought signals as momentum indicators diverge
Tempus AI is currently trading at $79.8, positioned above all key moving averages: $70.14 (MA-20), $70.68 (MA-50), and $56.94 (MA-200), which signals sustained bullish pressure across short-, medium-, and long-term trends. The near-term ceiling sits at $83.27, with support at the near-term floor of $78.34; the Ichimoku Kijun ($75.11) also underpins the price action from below. Momentum signals are mixed: the MACD and Average Directional Index (ADX) both remain neutral, but the Relative Strength Index (RSI) suggests a buy, and the Commodity Channel Index (CCI) also indicates upward bias. The Stochastic RSI issues a strong sell warning, creating divergence among oscillators. Bull/Bear Power (BBP) at 5.4 shows intraday dominance by buyers and flashes an overbought condition. Daily performance is strong, with the stock gaining $7.44 or 10.28%, following an upside gap of $1.65 (2.28%); the current price is near the day's high, and intraday volatility stands at 17.50%. The session tone reflects sustained buying pressure toward session highs, partially at odds with some overbought oscillators.
Earlier, analysts noted that despite robust long-term growth prospects, Tempus AI was contending with persistent short- and medium-term selling pressure even after positive earnings reports. The latest results, accompanied by a strong technical breakout and expanded pharma partnerships, add significant momentum to the bullish scenario, making $83.27 a critical level to watch for a potential upside move in the coming sessions.