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NASDAQ:TARS

Tarsus Pharmaceuticals (TARS) Stock Price, News & Analysis

Tarsus Pharmaceuticals logo
$78.09 -0.94 (-1.19%)
Closing price 09/18/2026 04:00 PM Eastern
Extended Trading
$78.06 -0.03 (-0.03%)
As of 09/18/2026 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
$77.33
$79.10
50-Day Range
$56.11
$90.78
52-Week Range
$53.85
$91.53
Volume
710,965 shs
Average Volume
747,573 shs
Market Capitalization
$3.43 billion
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$94.00
Consensus Rating
Moderate Buy

Company Overview

Tarsus Pharmaceuticals, Inc. is a commercial-stage ophthalmic pharmaceutical company focused on developing and marketing treatments for eye conditions with significant unmet medical needs. The company’s lead product is XDEMVY (lotilaner ophthalmic solution) 0.25%, a prescription eye drop approved by the U.S. Food and Drug Administration in 2023 for the treatment of Demodex blepharitis, a common eyelid disorder associated with an infestation of Demodex mites.

XDEMVY is designed to target and eliminate Demodex mites, addressing an underlying cause of the disease rather than only managing its symptoms. Tarsus markets the product in the United States through ophthalmology and eye-care channels. The company has also evaluated lotilaner and other potential therapies for additional ocular surface diseases, including conditions associated with the meibomian glands.

Founded in 2016, Tarsus is headquartered in Irvine, California. The company’s operations and commercial activities have been primarily focused on the U.S. ophthalmic market. Bobak Azam, a co-founder of Tarsus, serves as the company’s president and chief executive officer.

AI Generated. May Contain Errors.

Tarsus Pharmaceuticals Stock Analysis - MarketRank™

See Top-Rated MarketRank™ Stocks
59th Percentile Overall Score

TARS MarketRank™: 

Tarsus Pharmaceuticals scored higher than 59% of companies evaluated by MarketBeat, and ranked 355th out of 897 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 2.80, and is based on 2 strong buy ratings, 5 buy ratings, 2 hold ratings, and 1 sell rating.

  • Upside Potential

    Tarsus Pharmaceuticals has a consensus price target of $94.00, representing about 20.4% upside from its current price of $78.09.

  • Amount of Analyst Coverage

    Tarsus Pharmaceuticals has been the subject of 7 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 ($2.40) to $0.57 per share.

  • Price to Earnings Ratio vs. the Market

    The P/E ratio of Tarsus Pharmaceuticals is -71.64, 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. Sector

    The P/E ratio of Tarsus Pharmaceuticals is -71.64, 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 Ratio

    Tarsus Pharmaceuticals has a P/B Ratio of 9.65. 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

    15.16% 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 9.8.
  • Change versus previous month

    Short interest in Tarsus Pharmaceuticals has recently increased by 0.23%, indicating that investor sentiment is decreasing.
  • 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 0.92. 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 higher news sentiment than the 0.56 average news sentiment score of Healthcare companies.
  • News Coverage This Week

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

    2 people have added Tarsus Pharmaceuticals to their MarketBeat watchlist in the last 30 days. This is an increase of 100% compared to the previous 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

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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 4.6% and is now trading at $78.09.

Tarsus Pharmaceuticals, Inc. (NASDAQ:TARS) posted its quarterly earnings results on Thursday, August, 6th. The company reported ($0.43) earnings per share for the quarter, missing analysts' consensus estimates of ($0.19) by $0.24. The firm had revenue of $173.91 million for the quarter, compared to the consensus estimate 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 shareholders include BlackRock Inc. (8.96%), Jupiter Topco LLC (6.40%), Bank of America Corp DE (2.72%) and Assenagon Asset Management S.A. (2.20%). 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
9/19/2026
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
50
Year Founded
2017

Price Target and Rating

High Price Target
$110.00
Low Price Target
$68.00
Potential Upside/Downside
+20.4%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.80
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
7.59
Cash Flow
N/A
Price / Cash Flow
N/A
Book Value
$8.09 per share
Price / Book
9.65

Miscellaneous

Outstanding Shares
43,880,000
Free Float
39,653,000
Market Cap
$3.43 billion
Optionable
Optionable
Beta
0.54

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This page (NASDAQ:TARS) was last updated on 9/19/2026 by MarketBeat.com Staff.
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