Arcutis Biotherapeutics Inc (ARQT)
NASDAQ:ARQT
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ARQT Stock Chart & Stats
$24.53
-$0.25(-1.59%)
At close: 4:00 PM EST
$24.53
-$0.25(-1.59%)
Day’s Range― - ―
52-Week Range$13.06 - $31.77
Previous CloseN/A
Volume446.87K
Average Volume (3M)2.20M
Market Cap
$3.28B
Enterprise Value$3.26B
Total Cash (Recent Filing)$224.00M
Total Debt (Recent Filing)$13.20M
Price to Earnings (P/E)―
Beta0.79
Next Earnings
Jul 30, 2026EPS Estimate
0.04Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)-0.02
Shares Outstanding125,083,374
10 Day Avg. Volume1,996,345
30 Day Avg. Volume2,196,904
Financial Highlights & Ratios
PEG Ratio2.58
Price to Book (P/B)19.50
Price to Sales (P/S)9.82
P/FCF Ratio-585.47
Enterprise Value/Market Cap0.99
Enterprise Value/Revenue7.84
Enterprise Value/Gross Profit8.62
Enterprise Value/Ebitda216.80
Forecast
1Y Price Target
$34.83Price Target Upside42.00% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering6
EPS Forecast (FY)0.2
Revenue Forecast (FY)$497.10M
Bulls Say, Bears Say
Bulls Say
High Gross Margin & Revenue MomentumSustained ~91% gross margin and improving revenue demonstrate durable product economics and pricing power for ZORYVE. High gross margin supports reinvestment in commercialization and R&D, and provides buffer versus reimbursement pressure, underpinning long‑term cash generation potential.
Positive Operating & Free Cash FlowThe company’s transition to positive operating and free cash flow signals improving core cash generation from product sales. This reduces reliance on external financing, extends runway for clinical programs and sales expansion, and increases resilience to cyclical demand swings over the next 2–6 months.
Commercial Momentum & Share GainsStrong prescription trends, rapid YoY revenue growth and nearly half of the branded non‑steroidal topical prescriptions indicate durable adoption and formulary traction. Sustained share gains and improving script run‑rate support continued top‑line expansion and scale benefits for margins.
Bears Say
Substantial Gross‑to‑net PressureMaterial gross‑to‑net deductions in the 50s materially reduce realized revenue per unit, limiting margin capture despite high gross margin on list price. Persistent discounting is a structural headwind to net revenue growth and can compress profitability and free cash flow if not reduced over time.
Limited Medicare Part D AccessRestricted Part D coverage leaves a significant payer and patient segment underpenetrated, constraining addressable market and durable uptake in older populations. Broader coverage is multi‑year and could delay peak penetration and steady revenue expansion for at least the next 2–6 months.
Elevated SG&A And R&D SpendingPlanned salesforce expansion and higher R&D push operating expenses up materially. While investments aim to drive future growth, they increase near‑term operating leverage needs and make consistent net profitability and cash flow more sensitive to revenue fluctuations across upcoming quarters.
Arcutis Biotherapeutics News
ARQT FAQ
What was Arcutis Biotherapeutics Inc’s price range in the past 12 months?
Arcutis Biotherapeutics Inc lowest stock price was $13.06 and its highest was $31.77 in the past 12 months.
What is Arcutis Biotherapeutics Inc’s market cap?
Arcutis Biotherapeutics Inc’s market cap is $3.28B.
When is Arcutis Biotherapeutics Inc’s upcoming earnings report date?
Arcutis Biotherapeutics Inc’s upcoming earnings report date is Jul 30, 2026 which is in 40 days.
How were Arcutis Biotherapeutics Inc’s earnings last quarter?
Arcutis Biotherapeutics Inc released its earnings results on May 06, 2026. The company reported -$0.09 earnings per share for the quarter, missing the consensus estimate of -$0.064 by -$0.026.
Is Arcutis Biotherapeutics Inc overvalued?
According to Wall Street analysts Arcutis Biotherapeutics Inc’s price is currently Undervalued.
Does Arcutis Biotherapeutics Inc pay dividends?
Arcutis Biotherapeutics Inc does not currently pay dividends.
What is Arcutis Biotherapeutics Inc’s EPS estimate?
Arcutis Biotherapeutics Inc’s EPS estimate is 0.04.
How many shares outstanding does Arcutis Biotherapeutics Inc have?
Arcutis Biotherapeutics Inc has 125,083,374 shares outstanding.
What happened to Arcutis Biotherapeutics Inc’s price movement after its last earnings report?
Arcutis Biotherapeutics Inc reported an EPS of -$0.09 in its last earnings report, missing expectations of -$0.064. Following the earnings report the stock price went down -14.522%.
Which hedge fund is a major shareholder of Arcutis Biotherapeutics Inc?
Currently, no hedge funds are holding shares in ARQT
What is the TipRanks Smart Score and how is it calculated?
Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology
Arcutis Biotherapeutics Stock Smart Score
Underperform
1
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10
Analyst Consensus
Strong Buy
Average Price Target:
$34.83 (42.00% Upside)
$34.83 (42.00% Upside)
Blogger Sentiment
Bullish
ARQT Sentiment 70%
Sector Average ―
Sector Average ―
Hedge Fund Trend
Decreased
By 481.6K Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $157.4K over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Negative
Last 7 Days ▲ 0.3%
Last 30 Days ▼ 1.2%
Last 30 Days ▼ 1.2%
News Sentiment
Very Bearish
Bullish news 19%
Bearish news 100%
Bearish news 100%
Technicals
SMA
Negative
20 days / 200 days
Momentum
91.73%
12-Months-Change
Fundamentals
Return on Equity
-1.41%
Trailing 12-Months
Asset Growth
33.68%
Trailing 12-Months
Company Description
Arcutis Biotherapeutics Inc
Arcutis Biotherapeutics, Inc. is a biopharmaceutical firm dedicated to developing and marketing therapies for a range of skin-related diseases. The company's flagship investigational compound, ARQ-151, a roflumilast cream administered topically, has successfully concluded late-stage clinical development for treating both plaque psoriasis and atopic dermatitis. Beyond its lead asset, Arcutis's pipeline includes several other promising compounds. Among these is ARQ-154, a roflumilast foam applied topically, aimed at seborrheic dermatitis and scalp psoriasis. Furthermore, ARQ-252, a topical selective Janus kinase type 1 (JAK1) inhibitor, is under investigation for hand eczema and vitiligo. ARQ-255, a variation of ARQ-252 designed for deeper dermal absorption, is being explored for alopecia areata. Established in 2016, the company was initially named Arcutis, Inc. before changing to Arcutis Biotherapeutics, Inc. in October 2019. Its corporate headquarters are situated in Westlake Village, California.
ARQT Company Deck
ARQT Earnings Call
Q1 2026
0:00 / 0:00
Earnings Call Sentiment|Positive
The call described strong underlying commercial momentum and meaningful clinical and pipeline progress: 65% YoY revenue growth, share gains, positive operating cash flow, pediatric submissions, and initiation of ARQ-234 Phase I. These positives are tempered by a seasonality- and weather-driven Q1 demand dip (-6% QoQ for ZORYVE), continued material gross-to-net pressure (in the 50s), near-term SG&A/R&D increases, and limited Part D coverage today. Management emphasized that recent investments (sales force expansion, PCP/pediatric build, DTC) will drive demand in H2 2026 and a larger inflection in 2027, and they maintained full-year guidance of $480M–$495M.View all ARQT earnings summariesARQT Stock 12 Month Forecast
Average Price Target
$34.83
▲(42.00% Upside)
Technical Analysis
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Ownership Overview
8.40% Insiders
15.82% Mutual Funds
52.40% Other Institutional Investors
9.38% Public Companies and
Individual Investors