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TARS

Tarsus Pharmaceuticals, Inc.

TARS

NASDAQ·Healthcare·Biotechnology·Mkt cap $3.9B

$90.78

+9.10%

P/E

-83.28

Mkt Cap

$3.9B

52-Wk Range

$48.20–$91.53

52-Week Range

$48.20 - $91.53

P/E

-83.28

Fwd P/E

-38.63

Beta

0.54

Div Yield

0.00%

Avg Vol

914.1K

Shares Out

42.6M

Mkt Cap

$3.9B

Price action

Price chart

Up 59.6% over the trailing year

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

4 reasons

  • Specialized disease-targeted therapeutic development
  • Advanced clinical-stage product pipeline
  • Focused research in underserved medical conditions
  • Proprietary lotilaner technology platform

Bear Case

1 risk

  • Low volatility (beta 0.5).

Growth

Moderate growth ahead

Expanding ophthalmology treatment market

Value

Trading at 0.0x Biotech & Therapeutics peers — a discount despite the growth profile.

Momentum

Hot

+52.2% over 3m

Quality

Excellent

High-growth business (105% revenue growth, 91% 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: Nov 3, 2026

Q3 26 RECAP

AUG 6, 2026

Reported EPS of -$0.43 vs -$0.19 consensus (-124.2% surprise). Revenue of $173.9M vs $169.7M expected (+2.5%).

EPS miss
Rev beat +2.5%

EPS surprise · last 4Q

0 of 1 beats

Estimate

Actual

Q3 26

-124.2%

Revenue trend · last 8Q

+408%

+184%

+152%

+147%

+128%

+107%

+69%

Q3 24

Q4 24

Q1 25

Q2 25

Q3 25

Q4 25

Q1 26

Q2 26

$48.1M

$66.4M

$78.3M

$102.7M

$118.7M

$151.7M

$162.1M

$173.9M

Margins · last 8Q

Gross

93.0%

Operating

-11.4%

Profit

-10.7%

Wall Street consensus

3 analysts · 100% Buy

Live ratings and price targets aggregated across covering analysts.

Buy

3

100%

Hold

0%

Sell

0%

Median Price Target

Latest: Oppenheimer · Aug 12, 2026

vs Industry

How TARS stacks vs Biotechnology

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

Industry comparison data unavailable for this stock.