Tempus AI (NASDAQ: TEM) has been publicly traded for only 16 months, and it has been nothing short of a market standout over that time. Compared to its IPO price of $37, Tempus shares were up by a whopping 155% on Monday, Oct. 13. The stock eclipsed $100 for the first time ever on Oct. 8 and reached as high as $104 on Oct. 9. However, it has come back to Earth a bit, closing near $94 on Oct. 13.
Below, we’ll dive into the recent developments that have been driving Tempus AI’s share price. However, more importantly, we’ll analyze what the future may hold for this stock. Is Tempus AI’s rally overdone, or does the evidence suggest shares will keep climbing higher?
