Trending NewsTrending NewsNASDAQ:TARS Tarsus Pharmaceuticals (TARS) Stock Price, News & Analysis $61.21 -2.75 (-4.30%) Closing price 05/8/2026 04:00 PM EasternExtended Trading$61.16 -0.05 (-0.07%) As of 05/8/2026 07:24 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. Add Compare Share Share Stock Analysis Stock AnalysisAnalyst ForecastsChartCompetitorsEarningsFDA EventsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestTrendsBuy This Stock About Tarsus Pharmaceuticals Stock (NASDAQ:TARS) View Price History Chart DataSkip Price History Chart 1 Day 5 Days 30 Days 90 Days 1 Year Advanced 1 Day 1 Day 5 Days 30 Days 90 Days 1 Year Advanced Show volume Show extended hours Get Tarsus Pharmaceuticals alerts:Sign Up Key Stats Today's Range$59.35▼$64.0150-Day Range$60.67▼$77.4352-Week Range$38.51▼$85.25Volume1.00 million shsAverage Volume613,233 shsMarket Capitalization$2.63 billionP/E RatioN/ADividend YieldN/APrice Target$90.67Consensus RatingModerate Buy Company Overview Tarsus Pharmaceuticals, Inc. is a clinical‐stage biopharmaceutical company focused on developing novel therapies for diseases of the eye and ocular surface. The company’s research platform centers on neuro‐effector modulation to address underlying disease mechanisms rather than solely treating symptoms. Tarsus’s lead candidate, OC-01 (varenicline solution), is an intranasal formulation in Phase 3 development for the treatment of dry eye disease, a condition affecting millions worldwide and associated with significant patient discomfort and reduced quality of life. In addition to its dry eye program, Tarsus is advancing preclinical and early‐stage programs targeting other ophthalmic indications, including allergic conjunctivitis and retinal disorders. The company leverages a multidisciplinary pipeline strategy, combining small‐molecule drug discovery with novel delivery approaches to optimize tissue penetration and minimize systemic exposure. Tarsus collaborates with clinical research sites across North America and Europe to execute its global development plans and intends to explore strategic partnerships for later‐stage commercialization and distribution. Founded in 2018 and headquartered in Westlake Village, California, Tarsus Pharmaceuticals was established by a team of industry veterans with deep experience in ophthalmology, neurology and pharmaceutical development. The company’s leadership team includes seasoned executives with track records in launching ophthalmic products and navigating regulatory pathways. Tarsus maintains corporate offices in the United States and engages with regulatory authorities to advance its portfolio toward potential approval and market launch.AI Generated. May Contain Errors. Read More Tarsus Pharmaceuticals Stock Analysis - MarketRank™See Top-Rated MarketRank™ Stocks67th Percentile Overall ScoreTARS MarketRank™: Tarsus Pharmaceuticals scored higher than 67% of companies evaluated by MarketBeat, and ranked 239th out of 857 stocks in the medical sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation. Analyst's Opinion4.4 / 5Analyst RatingModerate Buy Consensus RatingTarsus Pharmaceuticals has received a consensus rating of Moderate Buy. The company's average rating score is 2.78, and is based on 2 strong buy ratings, 4 buy ratings, 2 hold ratings, and 1 sell rating.Upside PotentialTarsus Pharmaceuticals has a consensus price target of $90.67, representing about 48.1% upside from its current price of $61.21.Amount of Analyst CoverageTarsus Pharmaceuticals has been the subject of 6 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 and Valuation0.6 / 5Proj. Earnings GrowthGrowing Earnings GrowthEarnings for Tarsus Pharmaceuticals are expected to grow in the coming year, from ($0.70) to $2.52 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Tarsus Pharmaceuticals is -53.69, 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. SectorThe P/E ratio of Tarsus Pharmaceuticals is -53.69, 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 RatioTarsus Pharmaceuticals has a P/B Ratio of 7.55. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities. Short InterestN/AShort Interest LevelN/A Short InterestThere is no current short interest data available for TARS. Dividend0.0 / 5Dividend StrengthN/A Dividend YieldTarsus Pharmaceuticals does not currently pay a dividend.Dividend GrowthTarsus Pharmaceuticals does not have a long track record of dividend growth. News and Social Media2.6 / 5News Sentiment0.14 News SentimentTarsus Pharmaceuticals has a news sentiment score of 0.14. 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 0.43 average news sentiment score of Medical companies.News Coverage This WeekMarketBeat has tracked 43 news articles for Tarsus Pharmaceuticals this week, compared to 4 articles on an average week.Search InterestOnly 1 people have searched for TARS on MarketBeat in the last 30 days. This is a decrease of -75% compared to the previous 30 days.MarketBeat Follows1 people have added Tarsus Pharmaceuticals to their MarketBeat watchlist in the last 30 days. Company Ownership1.7 / 5Insider TradingSelling Shares Insider Buying vs. Insider SellingIn 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 $5,432,035.00 in company stock.Percentage Held by Insiders8.97% of the stock of Tarsus Pharmaceuticals is held by insiders.Percentage Held by Institutions90.01% 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. Receive TARS Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Tarsus Pharmaceuticals and its competitors with MarketBeat's FREE daily newsletter. 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TARS Stock News HeadlinesLifeSci Capital Sticks to Their Buy Rating for Tarsus Pharmaceuticals (TARS)May 8 at 7:50 AM | theglobeandmail.comTarsus to Participate in Upcoming Investor ConferencesMay 7 at 5:00 PM | globenewswire.comMassive Data Leak Exposes 512,000-Line Code That Could Change Society Forever"You won't believe what I discovered at 4 World Trade Center" When our financial media correspondent traveled to Lower Manhattan for a sit-down interview with 60-year Wall Street legend Marc Chaikin, she was shocked to discover that Marc had prepared a live demonstration of a technology that could change society forever. It involves NASA, the Department of Defense, huge banks – and a MAJOR AI upgrade that could add $400 trillion to the global economy.May 10 at 1:00 AM | Chaikin Analytics (Ad)Tarsus Pharmaceuticals, Inc. Q1 2026 Earnings Call SummaryMay 7 at 10:32 AM | finance.yahoo.comTarsus Pharmaceuticals, Inc. 2026 Q1 - Results - Earnings Call PresentationMay 7 at 1:37 AM | seekingalpha.comTarsus Pharmaceuticals, Inc. (TARS) Q1 2026 Earnings Call TranscriptMay 6, 2026 | seekingalpha.comTarsus Reports First Quarter 2026 Financial Results and Recent Business AchievementsMay 6, 2026 | finance.yahoo.comTarsus Reports First Quarter 2026 Financial Results and Recent Business AchievementsMay 6, 2026 | globenewswire.comSee More Headlines TARS Stock Analysis - Frequently Asked Questions How have TARS shares performed this year? Tarsus Pharmaceuticals' stock was trading at $81.88 at the start of the year. Since then, TARS shares have decreased by 25.2% and is now trading at $61.21. How were Tarsus Pharmaceuticals' earnings last quarter? Tarsus Pharmaceuticals, Inc. (NASDAQ:TARS) issued its quarterly earnings data on Wednesday, May, 6th. The company reported ($0.16) EPS for the quarter, topping analysts' consensus estimates of ($0.40) by $0.24. The business had revenue of $162.05 million for the quarter, compared to the consensus estimate of $149.60 million. Tarsus Pharmaceuticals had a negative net margin of 9.02% and a negative trailing twelve-month return on equity of 14.19%. Read the conference call transcript. When did Tarsus Pharmaceuticals IPO? 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 a price of $15.00-$17.00 per share. BofA Securities, Jefferies and Raymond James served as the underwriters for the IPO and LifeSci Capital and Ladenburg Thalmann were co-managers. Who are Tarsus Pharmaceuticals' major shareholders? Tarsus Pharmaceuticals' top institutional investors include Jennison Associates LLC (3.98%), Assenagon Asset Management S.A. (3.01%), Allspring Global Investments Holdings LLC (0.31%) and Bank of New York Mellon Corp (0.25%). Insiders that own company stock include William J Phd Link, Seshadri Neervannan, Bryan Wahl, Aziz Mottiwala, Jeffrey S Farrow, Dianne C Whitfield, Bobak R Azamian, Elizabeth Yeu Lin, Andrew D Goldberg and Jose M Trevejo. View institutional ownership trends. How do I buy shares of Tarsus Pharmaceuticals? 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. What other stocks do shareholders of Tarsus Pharmaceuticals own? 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 Earnings5/06/2026Today5/10/2026Bank of America Global Healthcare Conference 20265/12/2026H.C. Wainwright 4th Annual BioConnect Investor Conference5/19/2026Stifel 2026 Virtual Ophthalmology Forum5/26/2026Fiscal Year End12/31/2026Get Stock Alerts Health Indicator TradeSmith's Health IndicatorA long-term volatility-based measure designed for securities held 12 months or longer.Green: Strong and healthy uptrend with normal pullbacks.Yellow: Significant pullback but still within expected volatility.Red: Dropped beyond expected volatility; considered unhealthy. Green Zone (1w+) 1-Year History May 25 Aug 25 Nov 25 Feb 26 May 26 For the last 10 days, TARS's financial health has been in the Green zone, according to TradeSmith. Industry, Sector and Symbol Stock ExchangeNASDAQ SectorMedical Industry MED - BIOMED/GENE Sub-IndustryPharmaceutical Products Current SymbolNASDAQ:TARS CIK1819790 Webwww.tarsusrx.com Phone949-409-9820FaxN/AEmployees50Year Founded2017Price Target and Rating Average Price Target for Tarsus Pharmaceuticals$90.67 High Price Target$100.00 Low Price Target$68.00 Potential Upside/Downside+48.1%Consensus RatingModerate Buy Rating Score (0-4)2.78 Research Coverage9 Analysts Profitability EPS (Trailing Twelve Months)($1.14) Trailing P/E RatioN/A Forward P/E RatioN/A P/E GrowthN/ANet Income-$66.42 million Net Margins-9.02% Pretax Margin-7.33% Return on Equity-14.19% Return on Assets-8.89% Debt Debt-to-Equity Ratio0.21 Current Ratio3.74 Quick Ratio3.82 Sales & Book Value Annual Sales$451.36 million Price / Sales5.83 Cash FlowN/A Price / Cash FlowN/A Book Value$8.11 per share Price / Book7.55Miscellaneous Outstanding Shares43,020,000Free Float39,165,000Market Cap$2.63 billion OptionableOptionable Beta0.52 Social Links Ten Starter Stocks For Beginners to Buy NowJust getting into the stock market? 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