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NASDAQ:TARS

Tarsus Pharmaceuticals (TARS) Stock Price, News & Analysis

Tarsus Pharmaceuticals logo
$73.16 +0.94 (+1.30%)
Closing price 10/9/2026 04:00 PM Eastern
Extended Trading
$74.32 +1.16 (+1.58%)
As of 10/9/2026 07:30 PM Eastern
Extended trading is trading that happens on electronic markets outside of regular trading hours. This is a fair market value extended hours price provided by Massive. Learn more.

About Tarsus Pharmaceuticals Stock (NASDAQ:TARS)

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Key Stats

Today's Range
$71.20
▼
$73.93
50-Day Range
$61.11
▼
$90.78
52-Week Range
$53.89
▼
$91.53
Volume
481,752 shs
Average Volume
747,312 shs
Market Capitalization
$3.21 billion
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$100.86
Consensus Rating
Moderate Buy

Company Overview

Tarsus Pharmaceuticals, Inc. is a commercial-stage biopharmaceutical company focused on developing and commercializing therapies for diseases and conditions affecting the eye. The company concentrates on areas of significant unmet need in ophthalmology and aims to address conditions that can affect ocular health, comfort and vision.

Tarsus’ primary product is XDEMVY (lotilaner ophthalmic solution) 0.25%, an eye drop approved by the U.S. Food and Drug Administration in 2023 for the treatment of Demodex blepharitis. The condition is associated with an infestation of Demodex mites and can cause eyelid inflammation, irritation and other ocular symptoms. XDEMVY is the first FDA-approved treatment specifically indicated for Demodex blepharitis.

Founded in 2016 and headquartered in Irvine, California, Tarsus markets XDEMVY in the United States and continues to develop additional ophthalmic therapies. The company is led by President and Chief Executive Officer Bobak R. Azam, M.D., who has experience in the biotechnology and pharmaceutical industries.

AI Generated. May Contain Errors.

Tarsus Pharmaceuticals Stock Analysis - MarketRank™

See Top-Rated MarketRank™ Stocks
71st Percentile Overall Score

TARS MarketRank™: 

Tarsus Pharmaceuticals scored higher than 71% of companies evaluated by MarketBeat, and ranked 195th out of 883 stocks in the healthcare sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Consensus Rating

    Tarsus Pharmaceuticals has received a consensus rating of Moderate Buy. The company's average rating score is 2.70, and is based on 1 strong buy rating, 7 buy ratings, no hold ratings, and 2 sell ratings.

  • Upside Potential

    Tarsus Pharmaceuticals has a consensus price target of $100.86, representing about 37.9% upside from its current price of $73.16.

  • Amount of Analyst Coverage

    Tarsus Pharmaceuticals has been the subject of 8 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

  • Read more about Tarsus Pharmaceuticals' stock forecast and price target.
  • Earnings Growth

    Earnings for Tarsus Pharmaceuticals are expected to grow in the coming year, from ($4.25) to $0.60 per share.

  • Price to Earnings Ratio vs. the Market

    The P/E ratio of Tarsus Pharmaceuticals is -67.12, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of Tarsus Pharmaceuticals is -67.12, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

  • Price to Book Value per Share Ratio

    Tarsus Pharmaceuticals has a P/B Ratio of 9.04. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

  • Read more about Tarsus Pharmaceuticals' valuation and earnings.
  • Percentage of Shares Shorted

    15.31% of the float of Tarsus Pharmaceuticals has been sold short.
  • Short Interest Ratio / Days to Cover

    Tarsus Pharmaceuticals has a short interest ratio ("days to cover") of 8.29.
  • Change versus previous month

    Short interest in Tarsus Pharmaceuticals has recently decreased by 0.93%, indicating that investor sentiment is improving.
  • Dividend Yield

    Tarsus Pharmaceuticals does not currently pay a dividend.

  • Dividend Growth

    Tarsus Pharmaceuticals does not have a long track record of dividend growth.

  • News Sentiment

    Tarsus Pharmaceuticals has a news sentiment score of 0.51. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.66 average news sentiment score of Healthcare companies.
  • News Coverage This Week

    MarketBeat has tracked 8 news articles for Tarsus Pharmaceuticals this week, compared to 5 articles on an average week.
  • Search Interest

    1 people have searched for TARS on MarketBeat in the last 30 days.
  • MarketBeat Follows

    5 people have added Tarsus Pharmaceuticals to their MarketBeat watchlist in the last 30 days.
  • Insider Buying vs. Insider Selling

    In the past three months, Tarsus Pharmaceuticals insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $4,004,227.00 in company stock.

  • Percentage Held by Insiders

    9.64% of the stock of Tarsus Pharmaceuticals is held by insiders.

  • Percentage Held by Institutions

    90.01% of the stock of Tarsus Pharmaceuticals is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

  • Read more about Tarsus Pharmaceuticals' insider trading history.
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TARS Stock News Headlines

Tarsus Pharmaceuticals (NASDAQ:TARS) Cut to Strong Sell at Zacks Research
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See More Headlines

TARS Stock Analysis - Frequently Asked Questions

Tarsus Pharmaceuticals' stock was trading at $81.88 on January 1st, 2026. Since then, TARS shares have decreased by 10.6% and is now trading at $73.16.

Tarsus Pharmaceuticals, Inc. (NASDAQ:TARS) issued its quarterly earnings data on Thursday, August, 6th. The company reported ($0.43) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of ($0.19) by $0.24. The business earned $173.91 million during the quarter, compared to analyst estimates of $169.65 million. Tarsus Pharmaceuticals had a negative net margin of 7.67% and a negative trailing twelve-month return on equity of 13.53%.
Read the conference call transcript
.

Tarsus Pharmaceuticals (TARS) raised $88 million in an initial public offering (IPO) on Friday, October 16th 2020. The company issued 5,500,000 shares at $15.00-$17.00 per share. BofA Securities, Jefferies and Raymond James acted as the underwriters for the IPO and LifeSci Capital and Ladenburg Thalmann were co-managers.

Tarsus Pharmaceuticals' top institutional investors include Farther Finance Advisors LLC. Insiders that own company stock include Bobak R Azamian, William J Phd Link, Seshadri Neervannan, Bryan Wahl, Jeffrey S Farrow, Aziz Mottiwala, Dianne C Whitfield, Andrew D Goldberg, Elizabeth Yeu Lin, Jose M Trevejo and Katherine Goodrich.
View institutional ownership trends
.

Shares of TARS stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.

Based on aggregate information from My MarketBeat watchlists, some other companies that Tarsus Pharmaceuticals investors own include NVIDIA (NVDA), Meta Platforms (META), Broadcom (AVGO), Advanced Micro Devices (AMD), Adobe (ADBE), ServiceNow (NOW) and Arista Networks (ANET).

Company Calendar

Last Earnings
8/06/2026
Today
10/10/2026
Next Earnings (Estimated)
11/03/2026
Fiscal Year End
12/31/2026

Industry, Sector and Symbol

Stock Exchange
NASDAQ
Industry
Pharmaceuticals
Sub-Industry
Pharmaceuticals
Current Symbol
NASDAQ:TARS
CIK
1819790
Fax
N/A
Employees
370
Year Founded
2017

Price Target and Rating

High Price Target
$116.00
Low Price Target
$88.00
Potential Upside/Downside
+37.9%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.70
Research Coverage
10 Analysts

Profitability

EPS (Trailing Twelve Months)
($1.09)
Trailing P/E Ratio
N/A
Forward P/E Ratio
N/A
P/E Growth
N/A
Net Income
-$66.42 million
Net Margins
-7.67%
Pretax Margin
-6.49%
Return on Equity
-13.53%
Return on Assets
-8.12%

Debt

Debt-to-Equity Ratio
0.21
Current Ratio
3.20
Quick Ratio
3.17

Sales & Book Value

Annual Sales
$451.36 million
Price / Sales
7.11
Cash Flow
N/A
Price / Cash Flow
N/A
Book Value
$8.09 per share
Price / Book
9.04

Miscellaneous

Outstanding Shares
43,880,000
Free Float
39,653,000
Market Cap
$3.21 billion
Optionable
Optionable
Beta
0.44

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This page (NASDAQ:TARS) was last updated on 10/10/2026 by MarketBeat.com Staff.
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