NASDAQ:TARS Tarsus Pharmaceuticals (TARS) Stock Price, News & Analysis $72.64 -0.68 (-0.93%) Closing price 11/3/2026 04:00 PM EasternExtended Trading$73.25 +0.61 (+0.84%) As of 11/3/2026 07:34 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 EventsFinancialsInsider TradesNews and TrendsOptions ChainOwnershipSEC FilingsShort Interest 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$70.39▼$75.3650-Day Range$68.07▼$90.7852-Week Range$53.89▼$91.53Volume752,103 shsAverage Volume895,567 shsMarket Capitalization$3.58 billionP/E RatioN/ADividend YieldN/APrice Target$100.86Consensus RatingModerate Buy Company Overview Tarsus Pharmaceuticals, Inc. is a commercial-stage ophthalmic pharmaceutical company focused on developing and marketing treatments for eye diseases with significant unmet medical needs. The company’s portfolio is centered on therapies designed to address conditions affecting the ocular surface and eyelids. Tarsus’ lead 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, an inflammatory eyelid condition associated with an infestation of Demodex mites. XDEMVY is marketed in the United States and was the first FDA-approved treatment specifically indicated for Demodex blepharitis. Founded in 2016 and headquartered in Irvine, California, Tarsus Pharmaceuticals has focused its development and commercialization efforts on ophthalmic diseases. The company is led by Chief Executive Officer Bobak Azam, M.D., and continues to evaluate opportunities to expand its ophthalmology portfolio beyond its initial commercial product.AI Generated. May Contain Errors. Read More Tarsus Pharmaceuticals Stock Analysis - MarketRank™See Top-Rated MarketRank™ Stocks71st Percentile Overall ScoreTARS MarketRank™: 3.5722787991 of 5 starsTarsus Pharmaceuticals scored higher than 71% of companies evaluated by MarketBeat, and ranked 200th out of 901 stocks in the healthcare 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 2.80, and is based on 1 strong buy rating, 7 buy ratings, 1 hold rating, and 1 sell rating.Upside PotentialTarsus Pharmaceuticals has a consensus price target of $100.86, representing about 38.8% upside from its current price of $72.64.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 ($2.23) to $0.64 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Tarsus Pharmaceuticals is -66.64, 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 -66.64, 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 8.98. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities. Short Interest3.0 / 5Short Interest LevelHealthy Percentage of Shares Shorted12.87% of the float of Tarsus Pharmaceuticals has been sold short.Short Interest Ratio / Days to CoverTarsus Pharmaceuticals has a short interest ratio ("days to cover") of 5.71.Change versus previous monthShort interest in Tarsus Pharmaceuticals has recently decreased by 5.59%, indicating that investor sentiment is improving significantly. 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 Media1.9 / 5News Sentiment0.08 News SentimentTarsus Pharmaceuticals has a news sentiment score of 0.08. 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 0.42 average news sentiment score of Healthcare companies.News Coverage This WeekMarketBeat has tracked 15 news articles for Tarsus Pharmaceuticals this week, compared to 5 articles on an average week.MarketBeat FollowsOnly 1 people have added Tarsus Pharmaceuticals to their MarketBeat watchlist in the last 30 days. This is a decrease of -50% compared to the previous 30 days. Company Ownership1.8 / 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 $4,004,227.00 in company stock.Percentage Held by Insiders9.64% 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. Submit View SMS TermsSMS is currently available in Australia, Belgium, Canada, France, Germany, Ireland, Italy, New Zealand, the Netherlands, Singapore, South Africa, Spain, Switzerland, the United Kingdom, and the United States. By entering your phone number and clicking the sign-up button, you agree to receive periodic text messages from MarketBeat at the phone number you submitted, including texts that may be sent using an automatic telephone dialing system. Message and data rates may apply. Message frequency will vary. Messages will consist of stock alerts, news stories, and partner advertisements/offers. Consent is not a condition of the purchase of any goods or services. Text HELP for help/customer support. Unsubscribe at any time by replying "STOP" to any text message that you receive from MarketBeat or by visiting our mailing preferences page. Read our full terms of service and privacy policy. TARS Stock News HeadlinesTarsus expects $715M-$730M 2026 XDEMVY sales while deferring Europe and Japan filings1 hour ago | seekingalpha.comTarsus Pharmaceuticals, Inc. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 20261 hour ago | marketscreener.comMElon Musk about to bankrupt Amazon, Microsoft & Google?Jeff Brown, the former tech executive who called the rise of Bitcoin, Tesla, and Nvidia years early, is tracking a new Elon Musk project he calls the most epic AI initiative in history. The plan could give Musk access to 50 times more computing power than the rest of the world combined, a development Brown says is drawing attention from executives at Amazon, Microsoft, and Google. Brown compares the scale of this project to the SpaceX IPO, which minted thousands of millionaires overnight. | Brownstone Research (Ad)Tarsus Pharmaceuticals, Inc. (TARS) Q3 2026 Earnings Call TranscriptNovember 3 at 10:00 PM | seekingalpha.comTarsus Pharmaceuticals Q3 Net Loss Widens, Revenue RisesNovember 3 at 9:31 PM | finance.yahoo.comTarsus Reports Third Quarter 2026 Financial ResultsNovember 3 at 4:05 PM | globenewswire.comEarnings To Watch: Tarsus Pharmaceuticals Inc (TARS) Q3 2026 -- GF Value Sees 196% UpsideNovember 2 at 9:55 AM | finance.yahoo.comTarsus Pharmaceuticals (TARS) Projected to Announce Quarterly Earnings on TuesdayNovember 2 at 2:58 AM | americanbankingnews.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 stock has decreased by 11.3% and is now trading at $72.64. How were Tarsus Pharmaceuticals' earnings last quarter? Tarsus Pharmaceuticals, Inc. (NASDAQ:TARS) released its quarterly earnings data on Tuesday, November, 3rd. The company reported ($14.40) EPS for the quarter, missing the consensus estimate of ($1.46) by $12.94. The firm had revenue of $194.57 million for the quarter, compared to analysts' expectations of $187.83 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. When did Tarsus Pharmaceuticals IPO? Tarsus Pharmaceuticals (TARS) raised $88 million in an initial public offering 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? Top institutional investors of Tarsus Pharmaceuticals include Assenagon Asset Management S.A. (1.40%), Commonwealth Equity Services LLC (0.14%), Alps Advisors Inc. (0.12%) and Vontobel Holding Ltd. (0.10%). 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. 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), Palantir Technologies (PLTR), Tesla (TSLA), Micron Technology (MU), CrowdStrike (CRWD), Salesforce (CRM) and NextEra Energy (NEE). Company Calendar Last Earnings11/03/2026Today11/04/2026Fiscal 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 Nov 25 Feb 26 May 26 Aug 26 Nov 26 For the last 9 days, TARS's financial health has been in the Green zone, according to TradeSmith. Industry, Sector and Symbol Stock ExchangeNASDAQ SectorHealthcare Industry Pharmaceuticals Sub-IndustryPharmaceuticals Current SymbolNASDAQ:TARS CIK1819790 Webwww.tarsusrx.com Phone949-409-9820FaxN/AEmployees370Year Founded2017Price Target and Rating Average Price Target for Tarsus Pharmaceuticals$100.86 High Price Target$116.00 Low Price Target$88.00 Potential Upside/Downside+38.8%Consensus RatingModerate Buy Rating Score (0-4)2.80 Research Coverage10 Analysts Profitability EPS (Trailing Twelve Months)($1.09) Trailing P/E RatioN/A Forward P/E Ratio113.50 P/E GrowthN/ANet 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 Ratio0.21 Current Ratio3.20 Quick Ratio3.17 Sales & Book Value Annual Sales$451.36 million Price / Sales7.93 Cash FlowN/A Price / Cash FlowN/A Book Value$8.09 per share Price / Book8.98Miscellaneous Outstanding Shares49,300,000Free Float44,550,000Market Cap$3.58 billion OptionableOptionable Beta0.34 Social Links 7 Stocks to Buy Before the Robotics RevolutionRobotics and automation are rapidly becoming essential infrastructure across healthcare, manufacturing, logistics, and many other industries. "Physical AI" is coming. Learn which seven companies are most positioned to benefit as intelligent robots enter the workforce.Get This Free Report This page (NASDAQ:TARS) was last updated on 11/3/2026 by MarketBeat.com Staff. From Our PartnersFinancial Legend: “Big trouble ahead …”Dr. Martin D. 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