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Healthcare - Biotechnology - NASDAQ - US
$ 40.65
-1.02 %
$ 1.71 B
Market Cap
-15.06
P/E
1. INTRINSIC VALUE

This DCF valuation model was last updated on Jun, 21, 2025.

The intrinsic value of one TARS stock under the worst case scenario is HIDDEN Compared to the current market price of 40.6 USD, Tarsus Pharmaceuticals, Inc. is HIDDEN

This DCF valuation model was last updated on Jun, 21, 2025.

The intrinsic value of one TARS stock under the base case scenario is HIDDEN Compared to the current market price of 40.6 USD, Tarsus Pharmaceuticals, Inc. is HIDDEN

This DCF valuation model was last updated on Jun, 21, 2025.

The intrinsic value of one TARS stock under the best case scenario is HIDDEN Compared to the current market price of 40.6 USD, Tarsus Pharmaceuticals, Inc. is HIDDEN

2. FUNDAMENTAL ANALYSIS

Price Chart TARS

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$58.0$58.0$56.0$56.0$54.0$54.0$52.0$52.0$50.0$50.0$48.0$48.0$46.0$46.0$44.0$44.0$42.0$42.0$40.0$40.0$38.0$38.0Jan '25Jan '2515 Jan15 JanFeb '25Feb '2515 Feb15 FebMar '25Mar '2515 Mar15 MarApr '25Apr '2515 Apr15 AprMay '25May '2515 May15 MayJun '25Jun '2515 Jun15 Jun
FINANCIALS
183 M REVENUE
948.62%
-121 M OPERATING INCOME
15.78%
-116 M NET INCOME
14.97%
-83 M OPERATING CASH FLOW
29.33%
-199 M INVESTING CASH FLOW
-141.67%
155 M FINANCING CASH FLOW
18.81%
78.3 M REVENUE
17.96%
-26.3 M OPERATING INCOME
-7.61%
-25.1 M NET INCOME
-8.68%
-20.7 M OPERATING CASH FLOW
6.90%
-34.9 M INVESTING CASH FLOW
41.35%
137 M FINANCING CASH FLOW
4565.60%
Balance Sheet Tarsus Pharmaceuticals, Inc.
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Current Assets 357 M
Cash & Short-Term Investments 291 M
Receivables 48.1 M
Other Current Assets 17.3 M
Non-Current Assets 20.3 M
Long-Term Investments 3 M
PP&E 2.87 M
Other Non-Current Assets 14.4 M
77.29 %12.75 %4.58 %3.83 %Total Assets$377.0m
Current Liabilities 80.6 M
Accounts Payable 27.7 M
Short-Term Debt 608 K
Other Current Liabilities 52.3 M
Non-Current Liabilities 71.8 M
Long-Term Debt 71.8 M
Other Non-Current Liabilities 0
18.19 %34.28 %47.12 %Total Liabilities$152.5m
EFFICIENCY
Earnings Waterfall Tarsus Pharmaceuticals, Inc.
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Revenue 183 M
Cost Of Revenue 12.8 M
Gross Profit 170 M
Operating Expenses 291 M
Operating Income -121 M
Other Expenses -5.02 M
Net Income -116 M
200m200m150m150m100m100m50m50m00(50m)(50m)(100m)(100m)(150m)(150m)183m(13m)170m(291m)(121m)5m(116m)RevenueRevenueCost Of RevenueCost Of RevenueGross ProfitGross ProfitOperating ExpensesOperating ExpensesOperating IncomeOperating IncomeOther ExpensesOther ExpensesNet IncomeNet Income
RATIOS
92.99% GROSS MARGIN
92.99%
-65.90% OPERATING MARGIN
-65.90%
-63.16% NET MARGIN
-63.16%
-51.46% ROE
-51.46%
-30.65% ROA
-30.65%
-40.60% ROIC
-40.60%
FREE CASH FLOW ANALYSIS
Free Cash Flow Analysis Tarsus Pharmaceuticals, Inc.
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20m20m00(20m)(20m)(40m)(40m)(60m)(60m)(80m)(80m)(100m)(100m)(120m)(120m)(140m)(140m)20192019202020202021202120222022202320232024202420252025
Net Income -116 M
Depreciation & Amortization 1.22 M
Capital Expenditures -1.57 M
Stock-Based Compensation 27.8 M
Change in Working Capital 3.84 M
Others -4.67 M
Free Cash Flow -84.6 M
3. WALL STREET ANALYSTS ESTIMATES
Wall Street Analysts Price Targets Tarsus Pharmaceuticals, Inc.
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Wall Street analysts predict an average 1-year price target for TARS of $67.8 , with forecasts ranging from a low of $58 to a high of $84 .
TARS Lowest Price Target Wall Street Target
58 USD 42.68%
TARS Average Price Target Wall Street Target
67.8 USD 66.79%
TARS Highest Price Target Wall Street Target
84 USD 106.64%
Price
Max Price Target
Min Price Target
Average Price Target
90908080707060605050404030302020Aug '24Aug '24Oct '24Oct '24Nov '24Nov '2420252025Feb '25Feb '25Apr '25Apr '25Jun '25Jun '25Jul '25Jul '25Aug '25Aug '25Oct '25Oct '25Nov '25Nov '2520262026Feb '26Feb '26Apr '26Apr '26Jun '26Jun '26
4. DIVIDEND ANALYSIS
5. COMPETITION
slide 2 of 20
6. Ownership
Insider Ownership Tarsus Pharmaceuticals, Inc.
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Sold
0-3 MONTHS
1.36 M USD 3
3-6 MONTHS
3.3 M USD 6
6-9 MONTHS
0 USD 0
9-12 MONTHS
913 K USD 1
Bought
0 USD 0
0-3 MONTHS
0 USD 0
3-6 MONTHS
0 USD 0
6-9 MONTHS
0 USD 0
9-12 MONTHS
7. News
Tarsus to Participate in Upcoming Investor Conferences IRVINE, Calif., May 29, 2025 (GLOBE NEWSWIRE) -- Tarsus Pharmaceuticals, Inc. (NASDAQ: TARS), today announced that management plans to participate in the following upcoming investor conferences: globenewswire.com - 4 weeks ago
Tarsus Pharmaceuticals (TARS) Loses -15.59% in 4 Weeks, Here's Why a Trend Reversal May be Around the Corner The heavy selling pressure might have exhausted for Tarsus Pharmaceuticals (TARS) as it is technically in oversold territory now. In addition to this technical measure, strong agreement among Wall Street analysts in revising earnings estimates higher indicates that the stock is ripe for a trend reversal. zacks.com - 1 month ago
Tarsus Pharmaceuticals: The "Get Big Fast" Approach Could Pay Off TARS has been marketing Xdemvy (lotilaner) aggressively, with Q1'25 seeing advertisement on network TV, moving beyond previous advertising on streaming platforms. TARS can expand lotilaner beyond Demodex blepharitis, with trials set to initiate in H2'25 in ocular rosacea and 2026 for Lyme disease prevention. TARS is guiding for up to a 25% increase in bottles of Xdemvy dispensed in Q2'25, compared to Q1'25, although the company has often beaten its guidance for bottles dispensed. seekingalpha.com - 1 month ago
Tarsus to Participate in Upcoming Investor Conferences IRVINE, Calif., May 08, 2025 (GLOBE NEWSWIRE) -- Tarsus Pharmaceuticals, Inc. (NASDAQ: TARS) today announced that management plans to participate in the following upcoming investor conferences: globenewswire.com - 1 month ago
Elanco Sells Royalty and Milestone Rights for Lotilaner in Human Health to Blackstone; Accelerates Debt Paydown GREENFIELD, Ind. , May 5, 2025 /PRNewswire/ -- Elanco Animal Health Incorporated (NYSE: ELAN) today announced the sale of certain future tiered royalties and commercial milestones associated with XDEMVY® (lotilaner ophthalmic solution) 0.25%, for the human health application of lotilaner, to funds affiliated with Blackstone Life Sciences and Blackstone Credit & Insurance for $295 million in cash. prnewswire.com - 1 month ago
Tarsus Pharmaceuticals, Inc. (TARS) Q1 2025 Earnings Call Transcript Tarsus Pharmaceuticals, Inc. (NASDAQ:TARS ) Q1 2025 Earnings Conference Call May 1, 2025 4:30 PM ET Company Participants David Nakasone – Head-Investor Relations Bobby Azamian – Chief Executive Officer and Chairman Aziz Mottiwala – Chief Commercial Officer Jeff Farrow – Chief Financial Officer and Chief Strategy Officer Sesha Neervannan – Chief Operating Officer Conference Call Participants Lachlan Hanbury-Brown – William Blair Andrea Newkirk – Goldman Sachs Pavan Patel – Bank of America Eddie Hickman – Guggenheim Cory Jubinville – LifeSci Capital Operator Good day, ladies and gentlemen, and thank you for standing by. Welcome to Tarsus First Quarter 2025 Earnings Conference Call. seekingalpha.com - 1 month ago
Tarsus Pharmaceuticals, Inc. (TARS) Reports Q1 Loss, Tops Revenue Estimates Tarsus Pharmaceuticals, Inc. (TARS) came out with a quarterly loss of $0.64 per share versus the Zacks Consensus Estimate of a loss of $0.69. This compares to loss of $1.01 per share a year ago. zacks.com - 1 month ago
Tarsus Reports First Quarter 2025 Financial Results and Recent Business Achievements Generated $78.3 million in net product sales of XDEMVY ® , an increase of 217% year over year and 18% over Q4 2024, and dispensed approximately 72,000 bottles to patients globenewswire.com - 1 month ago
Wall Street Analysts See a 31.89% Upside in Tarsus Pharmaceuticals (TARS): Can the Stock Really Move This High? The mean of analysts' price targets for Tarsus Pharmaceuticals (TARS) points to a 31.9% upside in the stock. While this highly sought-after metric has not proven reasonably effective, strong agreement among analysts in raising earnings estimates does indicate an upside in the stock. zacks.com - 1 month ago
Tarsus to Report First Quarter 2025 Financial Results on Thursday, May 1, 2025 IRVINE, Calif., April 24, 2025 (GLOBE NEWSWIRE) -- Tarsus Pharmaceuticals, Inc. (NASDAQ: TARS), today announced that it will host a live webcast at 1:30 p.m. PT / 4:30 p.m. ET on Thursday, May 1, 2025, to report its first quarter 2025 financial results and provide a corporate update. globenewswire.com - 2 months ago
Tarsus to Present Several Scientific Abstracts Highlighting the Global Prevalence of Demodex Blepharitis and the Clinical Impact of XDEMVY at the American Society of Cataract and Refractive Surgery (ASCRS) 2025 Annual Meeting IRVINE, Calif., April 22, 2025 (GLOBE NEWSWIRE) -- Tarsus Pharmaceuticals, Inc. (NASDAQ: TARS) will present four distinct data sets highlighting the global prevalence and real-world patient burden of Demodex blepharitis, as well as the impact of XDEMVY® (lotilaner ophthalmic solution) 0.25% in addressing objective measures of disease at the American Society of Cataract and Refractive Surgery (ASCRS) 2025 Annual Meeting, taking place April 25-28, 2025, in Los Angeles, Calif. globenewswire.com - 2 months ago
Tarsus Announces Pricing of Upsized $125.0 Million Public Offering IRVINE, Calif., March 12, 2025 (GLOBE NEWSWIRE) -- Tarsus Pharmaceuticals, Inc. (Nasdaq: TARS) (the “Company” or “Tarsus”) today announced the pricing of an upsized underwritten public offering of 2,808,988 shares of its common stock at a public offering price of $44.50 per share. In addition, Tarsus has granted the underwriters a 30-day option to purchase up to an additional 421,348 shares of its common stock at the public offering price, less underwriting discounts and commissions. The gross proceeds from the offering, before deducting underwriting discounts and commissions and other estimated offering expenses payable by Tarsus, are expected to be approximately $125.0 million, excluding any exercise of the underwriters' option to purchase additional shares. The offering is expected to close on March 14, 2025, subject to the satisfaction of customary closing conditions. globenewswire.com - 3 months ago
8. Profile Summary

Tarsus Pharmaceuticals, Inc. TARS

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COUNTRY US
INDUSTRY Biotechnology
MARKET CAP $ 1.71 B
Dividend Yield 0.00%
Description 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.
Contact 15440 Laguna Canyon Road, Irvine, CA, 92618 https://www.tarsusrx.com
IPO Date Oct. 16, 2020
Employees 323
Officers Dr. Elizabeth Yeu M.D. Chief Medical Officer Mr. Aziz Mottiwala M.B.A. Chief Commercial Officer Ms. Adrienne Kemp Senior Director of Corporate Communications Mr. Jeffrey S. Farrow CPA Chief Financial Officer & Chief Strategy Officer Mr. David Nakasone Head of Investor Relations Mr. Matthew Rossen M.B.A. Vice President of Marketing Dr. Bryan Wahl J.D., M.D. General Counsel & Corporate Secretary Mr. Scott Youmans Vice President of Sales Dr. Seshadri Neervannan Ph.D. Chief Operating Officer Dr. Bobak R. Azamian M.D. Co-Founder, President, Chief Executive Officer & Chairman