Bull
$147.86
Scenario price
$72.290
+1.504 (+2.08%)At close
Tarsus Pharmaceuticals, Inc. is a commercial-stage biopharmaceutical company. The Company is focused on the development and commercialization of therapeutics, starting with eye care. The Company's lead product candidate, XDEMVY, is a lotilaner ophthalmic solution that targets and eradicates the root cause of Demodex blepharitis, Demodex mite infestation. The active pharmaceutical ingredient (API) of XDEMVY, lotilaner, paralyzes and eradicates mites and other parasites through the inhibition of parasite-specific gamma-aminobutyric acid-gated chloride channels. It is investigating the development of its product candidates to address targeted diseases with medical needs, which include TP-04, a novel ophthalmic gel formulation of lotilaner for the potential treatment of Ocular Rosacea, and TP-05, a novel investigational oral formulation of lotilaner, for potential Lyme disease prophylaxis and community malaria reduction. It is also developing IRX-101, an investigational ocular antiseptic.
Tarsus Pharmaceuticals is a good buy right now due to its strong acquisition strategy and robust revenue growth. The current price is $73.16, with a forward P/E of 68.03 indicating potential for future earnings growth. Additionally, the company reported a gross margin of 93% in Q2 2026, reflecting strong profitability. However, the main risk is the negative net income of $18.55 million in Q2 2026, which investors should consider.
Scenario prices are the last monthly forecast band of the current year. Probabilities are fixed model weights (25 / 50 / 25), not guarantees.

Tarsus Completes Acquisition of Alkeus, Expanding Drug Pipeline

Tarsus Acquires Alkeus to Advance Eye Care Drug Development

Alkeus Pharmaceuticals Reports Gildeuretinol Study Results

Alkeus Pharmaceuticals Receives Orphan Drug Designation in Japan

Biotech Sector Update: Approvals, Layoffs, and Deals
Tarsus Pharmaceuticals, Inc. is a commercial-stage biopharmaceutical company. The Company is focused on the development and commercialization of therapeutics, starting with eye care. The Company's lead product candidate, XDEMVY, is a lotilaner ophthalmic solution that targets and eradicates the root cause of Demodex blepharitis, Demodex mite infestation. The active pharmaceutical ingredient (API) of XDEMVY, lotilaner, paralyzes and eradicates mites and other parasites through the inhibition of parasite-specific gamma-aminobutyric acid-gated chloride channels. It is investigating the development of its product candidates to address targeted diseases with medical needs, which include TP-04, a novel ophthalmic gel formulation of lotilaner for the potential treatment of Ocular Rosacea, and TP-05, a novel investigational oral formulation of lotilaner, for potential Lyme disease prophylaxis and community malaria reduction. It is also developing IRX-101, an investigational ocular antiseptic. It operates in the Healthcare sector (BIOLOGICAL PRODUCTS, (NO DISGNOSTIC SUBSTANCES) industry).
Tarsus Pharmaceuticals is a good buy right now due to its strong acquisition strategy and robust revenue growth. The current price is $73.16, with a forward P/E of 68.03 indicating potential for future earnings growth. Additionally, the company reported a gross margin of 93% in Q2 2026, reflecting strong profitability. However, the main risk is the negative net income of $18.55 million in Q2 2026, which investors should consider.

$TARS Tarsus Pharmaceuticals resumed with a Buy at Goldman Sachs Goldman Sachs analyst Andrea Newkirk resumed coverage of Tarsus Pharmaceuticals with a Buy rating and $116 price target. Goldman resumed coverage of the biotechnology sector, saying the group has continued to outperform despite a backdrop of elevated macro volatility and rising interest rates. The rally has been supported by robust acquisition activity, positive clinical catalysts, and a more constructive regulatory outlook, the analyst tells investors in a research note. Goldman favors companies with "de-risked commercial execution and underappreciated pipeline optionality."
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$TARS is showing another trend with no support from the biotech sector.
Show moreThis page is for research only and is not investment advice. Models can be wrong. Past performance does not guarantee future results.