Tarsus Pharmaceuticals, Inc. (TARS)
NASDAQ:TARS
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TARS Stock Chart & Stats
$67.24
$0.07(0.13%)
At close: 4:00 PM EST
$67.24
$0.07(0.13%)
Day’s Range― - ―
52-Week Range$38.51 - $85.25
Previous CloseN/A
Volume127.14K
Average Volume (3M)463.89K
Market Cap
$2.75B
Enterprise Value$2.68B
Total Cash (Recent Filing)$417.27M
Total Debt (Recent Filing)$93.64M
Price to Earnings (P/E)―
Beta0.20
Next Earnings
May 06, 2026EPS Estimate
-0.39Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)-1.62
Shares Outstanding42,557,490
10 Day Avg. Volume433,533
30 Day Avg. Volume463,891
Financial Highlights & Ratios
PEG Ratio1.07
Price to Book (P/B)9.96
Price to Sales (P/S)7.58
P/FCF Ratio-153.35
Enterprise Value/Market Cap0.97
Enterprise Value/Revenue5.93
Enterprise Value/Gross Profit6.62
Enterprise Value/Ebitda-47.93
Forecast
1Y Price Target
$88.78Price Target Upside32.03% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering9
EPS Forecast (FY)-0.7
Revenue Forecast (FY)$693.49M
Bulls Say, Bears Say
Bulls Say
Clinical DevelopmentAdvancement of TP-05 into a randomized Phase II study demonstrates meaningful clinical progress for an oral Lyme disease preventive and could support future regulatory filings if safety and tick-killing activity are confirmed.
Commercial TractionStrong XDEMVY launch with broad payer coverage and rising prescriber adoption supports the product's potential to reach blockbuster-level sales and strengthen overall revenue growth.
Regulatory PartnershipsRegulatory approval of TP-03 in Greater China and the associated partner milestone payment validate international demand and create additional regional revenue opportunities through partner commercialization.
Bears Say
International Expansion RiskUncertain regulatory pathways and mixed prescriber receptivity outside the U.S. could slow market entry and limit the scale of international sales growth.
Revenue And Profitability PressureHigh gross-to-net discounts substantially reduce reported net revenue, creating a persistent headwind to profitability despite healthy shipment volumes.
Valuation UncertaintyAnalyst models currently exclude TP-05 and certain partner milestone payments, signaling uncertainty about near-term value contribution and leaving potential upside uncaptured in present valuations.
Tarsus Pharmaceuticals News
TARS FAQ
What was Tarsus Pharmaceuticals, Inc.’s price range in the past 12 months?
Tarsus Pharmaceuticals, Inc. lowest stock price was $38.51 and its highest was $85.25 in the past 12 months.
What is Tarsus Pharmaceuticals, Inc.’s market cap?
Tarsus Pharmaceuticals, Inc.’s market cap is $2.75B.
When is Tarsus Pharmaceuticals, Inc.’s upcoming earnings report date?
Tarsus Pharmaceuticals, Inc.’s upcoming earnings report date is May 06, 2026 which is today.
How were Tarsus Pharmaceuticals, Inc.’s earnings last quarter?
Currently, no data Available
Is Tarsus Pharmaceuticals, Inc. overvalued?
According to Wall Street analysts Tarsus Pharmaceuticals, Inc.’s price is currently Undervalued.
Does Tarsus Pharmaceuticals, Inc. pay dividends?
Tarsus Pharmaceuticals, Inc. does not currently pay dividends.
What is Tarsus Pharmaceuticals, Inc.’s EPS estimate?
Tarsus Pharmaceuticals, Inc.’s EPS estimate is -0.39.
How many shares outstanding does Tarsus Pharmaceuticals, Inc. have?
Tarsus Pharmaceuticals, Inc. has 42,557,490 shares outstanding.
What happened to Tarsus Pharmaceuticals, Inc.’s price movement after its last earnings report?
Currently, no data Available
Which hedge fund is a major shareholder of Tarsus Pharmaceuticals, Inc.?
Currently, no hedge funds are holding shares in TARS
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
Tarsus Pharmaceuticals Stock Smart Score
Neutral
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Analyst Consensus
Strong Buy
Average Price Target:
$88.78 (32.03% Upside)
$88.78 (32.03% Upside)
Blogger Sentiment
Bullish
TARS Sentiment 100%
Sector Average 72%
Sector Average 72%
Hedge Fund Trend
Increased
By 126.7K Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $6.2M over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Neutral
Last 7 Days ▲ 3.7%
Last 30 Days ▼ 3.1%
Last 30 Days ▼ 3.1%
News Sentiment
Very Bearish
Bullish news 0%
Bearish news 100%
Bearish news 100%
Technicals
SMA
Positive
20 days / 200 days
Momentum
36.52%
12-Months-Change
Fundamentals
Return on Equity
-19.63%
Trailing 12-Months
Asset Growth
50.23%
Trailing 12-Months
Company Description
Tarsus Pharmaceuticals, Inc.
Tarsus Pharmaceuticals, Inc., a clinical-stage biopharmaceutical company, focuses on the development and commercialization of novel therapeutic candidates for ophthalmic conditions. Its lead product candidate is TP-03, a novel therapeutic that is in Phase III for the treatment of blepharitis caused by the infestation of Demodex mites, as well as to treat meibomian gland disease. The company is also developing TP-04 for the treatment of rosacea; and TP-05 for Lyme prophylaxis and community malaria reduction. In addition, the company develops lotilaner to address diseases across therapeutic categories in human medicine, including eye care, dermatology, and other diseases. Tarsus Pharmaceuticals, Inc. was incorporated in 2016 and is headquartered in Irvine, California.
TARS Company Deck
TARS Earnings Call
Q4 2026
0:00 / 0:00
Earnings Call Sentiment|Positive
The call communicated a strongly positive commercial trajectory for XDEMVY—robust 2025 performance, bold 2026 guidance (+~50% at midpoint), expanding awareness and payer coverage, product-line profitability, and a funded pipeline with near-term clinical catalysts for TP-04 and TP-05. Offsetting these positives are material near-term expense levels, a high gross-to-net discount (~43%-45%), Q1 seasonality headwinds and reliance on new-patient driven growth until refill rates stabilize. Overall, the company presents clear growth momentum but must demonstrate operating leverage and sustained margin conversion to fully realize its $2B+ peak sales ambition.View all TARS earnings summariesTARS Stock 12 Month Forecast
Average Price Target
$88.78
▲(32.03% Upside)
Technical Analysis
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Ownership Overview
3.28% Insiders
22.93% Mutual Funds
3.56% Other Institutional Investors
58.26% Public Companies and
Individual Investors