Tarsus Pharmaceuticals, Inc.

Tarsus Pharmaceuticals, Inc.

TARSยทNASDAQ

$58.76

-0.29%
HealthcareBiotechnology

Tarsus Pharmaceuticals, Inc., a clinical-stage biopharmaceutical company, focuses on the development and commercialization of novel therapeutic candidates for ophthalmic conditions. Its lead product candidate is TP-03, a novel therapeutic that is in Phase III for the treatment of blepharitis caused by the infestation of Demodex mites, as well as to treat meibomian gland disease. The company is also developing TP-04 for the treatment of rosacea; and TP-05 for Lyme prophylaxis and community malaria reduction. In addition, the company develops lotilaner to address diseases across therapeutic categories in human medicine, including eye care, dermatology, and other diseases. Tarsus Pharmaceuticals, Inc. was incorporated in 2016 and is headquartered in Irvine, California.

At a Glance

Live Snapshot
Market Cap$2.53B
EPS-1.5900
P/E Ratio-36.96
Earnings Date08/05/2026
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Tarsus Pharmaceuticals, Inc. Street Expectations Map

TARS ยท NASDAQ

Wall Street analysts project that TARS stock may rise significantly over the coming 12 months. The consensus 1-year price target stands at 84.00, with estimates ranging from a low of 68.00 to a high of 100.00.

Lowest Target
68.00
15.72%
Consensus Target
84.00
42.95%
Highest Target
100.00
70.18%

The consensus 1-year price target stands at 84.00, with estimates ranging from a low of 68.00 to a high of 100.00.

Analyst Consensus Analysis

Upside Potential

+43.0%

Substantial upside potential. Analysts see significant value gap, suggesting the stock may be materially undervalued at current levels.

Analyst Agreement

38.1% spread

Good consensus alignment. Moderate target spread reflects general agreement on value drivers with some variance in assumptions.

Analyst Conviction

High

Positive outlook with reasonable agreement. Analysts generally optimistic about prospects with manageable uncertainty.

Market Sentiment Insight

Monitor and evaluate: Current analyst consensus suggests limited conviction or near-term catalysts. Stay informed on company developments and reassess positioning as new information emerges.

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Tarsus Pharmaceuticals, Inc. Forward Estimates of Revenue

TARS ยท NASDAQ
Latest Revenue
451.36M
FY 2025
Avg Estimate
679.00M
FY 2026
Estimate Range
637.66M - 720.32M
Analyst Spread

Forward Growth Analysis

Projected Growth+50.4%

Strong growth expectations signal robust business momentum and market opportunity expansion.

Analyst Coverage5 Analysts

Moderate coverageโ€”sufficient for guidance but may lack depth of large-cap analysis.

Estimate Spread12%

Reasonable estimate spread indicates general agreement with normal forecast variance.

OutlookStrong

Positive analyst consensus with strong growth expectations and forecast confidence.

Key Insight

Compelling growth story with analyst consensus: Strong projected growth combined with narrow estimate spread suggests high-conviction opportunity.

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Tarsus Pharmaceuticals, Inc. Forward Estimates of Net Income

TARS ยท NASDAQ
Latest Net Income
-66.42M
FY 2025
Avg Estimate
91.22M
FY 2026
Estimate Range
36.94M - 117.07M
Analyst Spread

Forward Growth Analysis

Projected Growth+237.3%

Strong growth expectations signal robust business momentum and market opportunity expansion.

Analyst Coverage5 Analysts

Moderate coverageโ€”sufficient for guidance but may lack depth of large-cap analysis.

Estimate Spread88%

Wide estimate range reveals significant forecast uncertainty and potential volatility.

OutlookNeutral

Mixed signalsโ€”some positive indicators offset by concerns about growth or uncertainty.

Key Insight

High forecast uncertainty: Wide estimate range indicates analysts struggling to predict outcomesโ€”suggests elevated risk and potential volatility.

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Tarsus Pharmaceuticals, Inc. Forward Estimates of EPS

TARS ยท NASDAQ
Latest EPS
-1.59
FY 2025
Avg Estimate
$1.75
FY 2026
Estimate Range
$0.98 - $3.11
Analyst Spread

Forward Growth Analysis

Projected Growth+209.9%

Strong growth expectations signal robust business momentum and market opportunity expansion.

Analyst Coverage4 Analysts

Limited coverage may indicate reduced institutional interest or information availability.

Estimate Spread122%

Wide estimate range reveals significant forecast uncertainty and potential volatility.

OutlookNeutral

Mixed signalsโ€”some positive indicators offset by concerns about growth or uncertainty.

Key Insight

Limited coverage with volatile estimates: Few analysts covering despite significant projected changes may indicate information gaps or emerging risks.

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Tarsus Pharmaceuticals, Inc. Forward Estimates of EBIT

TARS ยท NASDAQ
Latest EBIT
-55.42M
FY 2025
Avg Estimate
-248.54M
FY 2026
Estimate Range
-263.67M - -233.41M
Analyst Spread

Forward Growth Analysis

Projected Growth-348.4%

Significant contraction projectedโ€”major business challenges or industry disruption likely.

Analyst Coverage5 Analysts

Moderate coverageโ€”sufficient for guidance but may lack depth of large-cap analysis.

Estimate Spread12%

Reasonable estimate spread indicates general agreement with normal forecast variance.

OutlookNeutral

Mixed signalsโ€”some positive indicators offset by concerns about growth or uncertainty.

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Tarsus Pharmaceuticals, Inc. Forward Estimates of EBITDA

TARS ยท NASDAQ
Latest EBITDA
-53.61M
FY 2025
Avg Estimate
-246.89M
FY 2026
Estimate Range
-261.91M - -231.86M
Analyst Spread

Forward Growth Analysis

Projected Growth-360.5%

Significant contraction projectedโ€”major business challenges or industry disruption likely.

Analyst Coverage5 Analysts

Moderate coverageโ€”sufficient for guidance but may lack depth of large-cap analysis.

Estimate Spread12%

Reasonable estimate spread indicates general agreement with normal forecast variance.

OutlookNeutral

Mixed signalsโ€”some positive indicators offset by concerns about growth or uncertainty.

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Tarsus Pharmaceuticals, Inc. Forward Estimates of SG&A Expense

TARS ยท NASDAQ
Latest SG&A Expense
427.32M
FY 2025
Avg Estimate
1.45B
FY 2026
Estimate Range
1.37B - 1.54B
Analyst Spread

Forward Growth Analysis

Projected Growth+240.5%

Strong growth expectations signal robust business momentum and market opportunity expansion.

Analyst Coverage5 Analysts

Moderate coverageโ€”sufficient for guidance but may lack depth of large-cap analysis.

Estimate Spread12%

Reasonable estimate spread indicates general agreement with normal forecast variance.

OutlookStrong

Positive analyst consensus with strong growth expectations and forecast confidence.

Key Insight

Compelling growth story with analyst consensus: Strong projected growth combined with narrow estimate spread suggests high-conviction opportunity.

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Tarsus Pharmaceuticals, Inc. Insider Positioning

TARS ยท NASDAQ

During the last 12 months, insiders have sold $12.77M worth of TARS shares, with no buying activity reported.

3 Months

Bought

0

0.00

Sold

97.9K

6.68M

Net Activity

-6.7M

-$6.68M

3-6 Months

Bought

0

0.00

Sold

32.0K

2.55M

Net Activity

-2.5M

-$2.55M

6-9 Months

Bought

0

0.00

Sold

33.1K

1.88M

Net Activity

-1.9M

-$1.88M

9-12 Months

Bought

0

0.00

Sold

38.1K

1.66M

Net Activity

-1.7M

-$1.66M

Top Buyers

No buying activity

Top Sellers

1
ABR

Azamian Bobak R.

Director, Officer: President/Ceo And Board Chair

52.0K sharesโ€ข6 transactions

$3.45M

2
LWJP

Link William J Phd

Director

35.8K sharesโ€ข3 transactions

$2.20M

3
WDC

Whitfield Dianne C.

Officer: Chief Human Resources Officer

25.4K sharesโ€ข5 transactions

$1.89M

4
MA

Mottiwala Aziz

Officer: Chief Commercial Officer

30.6K sharesโ€ข4 transactions

$1.66M

5
NS

Neervannan Seshadri

Officer: Chief Operating Officer

22.7K sharesโ€ข5 transactions

$1.61M

Insider Activity Analysis

Net Insider Sentiment

Bearish

Strong bearish signal with $12.77M net selling. Heavy insider selling may indicate concerns about valuation or near-term prospects.

Buy/Sell Ratio

0.00:1

Very poor ratio. Heavy selling with minimal buying suggests insiders may be concerned about valuation or outlook.

Recent Trend (3 Months)

$6.68M

Heavy recent selling activity. Recent insider sales notably exceed purchasesโ€”may warrant investigation into company developments.

Insider Participation

High Selling

5 insider sellers vs. 0 buyers. Widespread selling across multiple insiders may signal concerns.

Insider Activity Insight

Multiple red flags: Heavy selling, numerous sellers, and continued recent selling create a concerning pattern. Investigate fundamental drivers and consider whether company guidance or industry conditions have deteriorated.