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RCUS

Arcus Biosciences, Inc.

RCUS

NYSE·Healthcare·Biotechnology·Mkt cap $2.9B

$29.95

+3.54%

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Our plain-language verdict, the thesis, risk factors, and what is changing about the business.

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52-Week Range

$8.03 - $31.74

P/E

-9.46

Fwd P/E

-7.55

Beta

0.84

Div Yield

0.00%

Avg Vol

1.3M

Shares Out

100.7M

Mkt Cap

$2.9B

Price action

Price chart

Up 236.7% over the trailing year

1W
1M
3M
6M
YTD
1Y
5Y
MAX

Total returns

Price performance

Total return across standard periods - splits & dividends adjusted by FMP. Periods longer than 1Y show annualized in the tooltip.

Why we rate it this way

The thesis at a glance

Bull and bear case · plain-English context across the five lenses we evaluate.

Bull Case

3 reasons

  • Dual-mechanism approach combining checkpoint inhibition with metabolic pathway targeting for enhanced anti-tumor immunity
  • Strategic partnerships with AstraZeneca and other leading pharmaceutical companies providing development resources and market access
  • Proprietary small-molecule and monoclonal antibody platform technology enabling multiple therapeutic modalities

Bear Case

2 risks

  • Average volatility.
  • Growth premium of 0.0x vs Biotech & Therapeutics peers. Reasonable for this growth rate.

Growth

Revenue decline expected

Advancement of Domvanalimab Phase 3 trial in combination with Imfinzi for unresectable Stage III NSCLC

Value

Growth premium of 0.0x vs Biotech & Therapeutics peers. Reasonable for this growth rate.

Momentum

Hot

+26.0% over 3m

Quality

Excellent

High-growth business (67% revenue growth, 97% gross margin). Pre-profit but investing in growth.

Dividend

None

No dividend

Earnings track record

Recent earnings results

AI-summarized recap of last quarter, plus the surprise on every print.

Next: May 4, 2026

Q2 26 RECAP

MAY 5, 2026

Reported EPS of -$1.02 vs -$0.92 consensus (-10.9% surprise). Revenue of $17.0M vs $29.5M expected (-42.3%).

EPS miss
Revenue miss

EPS surprise · last 4Q

0 of 1 beats

Q2 26

-10.9%

Next: May 4, 2026

Revenue trend · last 8Q

-16%

-81%

+310%

-46%

+27%

-39%

Q2 24

Q3 24

Q4 24

Q1 25

Q2 25

Q3 25

Q4 25

Q1 26

$39.0M

$48.0M

$26.0M

$28.0M

$160.0M

$26.0M

$33.0M

$17.0M

Margins · last 8Q

Gross

Operating

Profit

-752.9%

Wall Street consensus

7 analysts · 71% Buy

Live ratings and price targets aggregated across covering analysts.

Buy

5

71%

Hold

2

29%

Sell

0%

Median Price Target

$35.00

+16.9% vs $29.95

Low $22.00
Median $35.00
High $47.00

Latest: Truist · $35.00 · May 18, 2026

3 analysts covering

vs Industry

How RCUS stacks vs Biotechnology

Stock metrics vs industry averages. Green = better than industry.

Industry comparison data unavailable for this stock.