Tarsus Pharmaceuticals Inc (TARS)

Tarsus Pharmaceuticals, Inc. is a commercial-stage biopharmaceutical company focused on eye care therapies in the United States. Its lead product is XDEMVY, a lotilaner ophthalmic solution approved for the treatment of demodex blepharitis, a condition caused by Demodex mite infestation. The company markets its products through specialty pharmacies and distributors, and it also serves clinics, hospitals, pharmacies, and federal healthcare programs.

Beyond its commercial product, Tarsus is developing additional candidates in its lotilaner-based pipeline. TP-04 is in Phase 2 development as a sterile aqueous gel for ocular rosacea, while TP-05 is being studied as an oral tablet for the prevention of Lyme disease and is also in preclinical work related to community malaria reduction. The company is further advancing lotilaner as an active pharmaceutical ingredient for potential use in eye care and infectious disease prevention. Tarsus was incorporated in 2016 and is headquartered in Irvine, California.


Jump between the core stock analysis sections, valuation data, fair value models, technical outlook, and FAQ.

Data update note: Fair value and stock analysis metrics are updated after regular market sessions when new data becomes available.
Ticker Fair Value Fair Value Upside/Downside Fair Value Rating Analyst Price Target Analyst Target Upside/Downside Analyst Target Rating Overall Financial Health Upcoming Dividend Ex-Date Dividend Payment Date Upcoming Dividend Dividend Yield Next Earnings Date P/E Ratio Price-to-Book Ratio Price-to-Sales Ratio Market Cap Enterprise Value Total Debt / Total Capital Free Float / Shares Outstanding Altman Z-Score Payout Ratio Free Cash Flow / Net Income
NASDAQ-TARS
$62.52
10.9% Upside
Fair
$94.56
67.7% Upside
Bargain
Good
0.0%
August 6, 2026
-50.6x
7.0x
4.6x
2.42 B
2.142 B
3.5%
74.6%
6.7
65.3%
Valuation • Fair Value

Tarsus Pharmaceuticals Inc (NASDAQ-TARS) Fair Value by Valuation Model

Compare the primary fair value estimate for Tarsus Pharmaceuticals Inc (NASDAQ-TARS) with model-based valuation references such as DCF, Ben Graham, DDM, EPV and comparable-company valuation.

Primary Valuation Read

Fair Value

$62.52

Estimated upside of 10.9% versus the current market price.

Fair Value Confidence

Med

Confidence level for the primary fair value estimate.

DCF Fair Value

$87.81

Discounted cash flow valuation reference.

Ben Graham Formula Value

$0

Classic Ben Graham valuation formula reference.

DDM Fair Value

NM

Dividend discount model valuation reference.

EPV Fair Value

$42.30

Earnings power value estimate.

Comps Fair Value

$53.24

Comparable-company valuation reference.

Analyst Price Target

$94.56

Analysts imply upside of 67.7%.

How to read these valuation models

Use this section to compare the primary fair value estimate for Tarsus Pharmaceuticals Inc (NASDAQ-TARS) with several model-based valuation references. Different models can produce different outputs because each method relies on a different set of assumptions, so the primary fair value estimate should be read alongside the model spread rather than in isolation.

Profitability • Growth

Profitability & Growth for Tarsus Pharmaceuticals Inc (NASDAQ-TARS)

A compact read on revenue, forward revenue expectations, EBITDA and operating profitability trends.

Revenue

535.1 M

Current operating scale indicator.

Revenue Forecast

712.6 M

Forward revenue estimate.

EBITDA

-49.018 M

Current operating profitability reference.

EBITDA Forecast

-31.309 M

Forward operating profitability estimate.

How to read profitability and growth

This section helps investors review Tarsus Pharmaceuticals Inc (NASDAQ-TARS) from an operating perspective by combining current scale, forward revenue expectations and EBITDA-related profitability measures.

Quality • Risk

Quality & Financial Risk for Tarsus Pharmaceuticals Inc (NASDAQ-TARS)

Review financial health, earnings quality and balance-sheet risk through Piotroski, Beneish, Altman and cash conversion metrics.

Financial Health

Good

Positive financial-health read.

Piotroski Score

4

Mid-range quality score.

Beneish M-Score

-1.57

Higher caution zone on this screen.

Altman Z-Score

6.7

Relatively strong balance-sheet zone.

FCF / Net Income

65.3%

Cash conversion quality indicator.

How to read quality and risk

This section combines quality, balance-sheet and accounting-risk indicators for Tarsus Pharmaceuticals Inc (NASDAQ-TARS). Read the metrics together: no single score is a complete investment conclusion, but the combined view can highlight financial strength, earnings quality and areas that may deserve closer review.

Events • Dividends

Upcoming Events & Dividends for Tarsus Pharmaceuticals Inc (NASDAQ-TARS)

Track the next earnings date, ex-dividend date, dividend payment date, dividend yield and upcoming distribution details where available.

Next Earnings Date

August 6, 2026

Days to Earnings

16

Dividend Payment Date

Not available

Ex-Dividend Date

Not available

Dividend Yield

0.0%

Income yield reference.

Upcoming Dividend

Not available

Data is currently unavailable.

Payment Type

Not available

Data is currently unavailable.

Dividend Currency

Not available

Data is currently unavailable.

Payout Ratio

Not available

Data is currently unavailable.

How to read events and dividends

This section helps investors track time-sensitive items for Tarsus Pharmaceuticals Inc (NASDAQ-TARS), including the next earnings date and dividend-related milestones. These items can matter for short-term volatility, income planning and event-driven positioning.

Stock Forecast • Technical Outlook

Tarsus Pharmaceuticals Inc (NASDAQ-TARS) Stock Forecast & Technical Outlook

Review Tarsus Pharmaceuticals Inc (NASDAQ-TARS) across multiple technical time frames, alongside analyst recommendation data, to form a faster read on market positioning and near-term sentiment.

Technical Signals by Time Frame

Switch between time frames to review the current technical signal for the stock.

Strong Sell Sell Neutral Buy Strong Buy
Time frame: 15-minute • intraday
Sell

The 15-minute technical read for Tarsus Pharmaceuticals Inc (NASDAQ-TARS) is currently Sell. Use it as a timing signal only, and compare it with valuation, fundamentals and upcoming events before drawing a broader view.

Strong Sell Sell Neutral Buy Strong Buy
Time frame: 1-hour • short-term
Strong Sell

The 1-hour technical read for Tarsus Pharmaceuticals Inc (NASDAQ-TARS) is currently Strong Sell. Use it as a timing signal only, and compare it with valuation, fundamentals and upcoming events before drawing a broader view.

Strong Sell Sell Neutral Buy Strong Buy
Time frame: daily • daily
Strong Sell

The daily technical read for Tarsus Pharmaceuticals Inc (NASDAQ-TARS) is currently Strong Sell. Use it as a timing signal only, and compare it with valuation, fundamentals and upcoming events before drawing a broader view.

Strong Sell Sell Neutral Buy Strong Buy
Time frame: weekly • weekly
Strong Sell

The weekly technical read for Tarsus Pharmaceuticals Inc (NASDAQ-TARS) is currently Strong Sell. Use it as a timing signal only, and compare it with valuation, fundamentals and upcoming events before drawing a broader view.

Strong Sell Sell Neutral Buy Strong Buy
Time frame: monthly • monthly
Neutral

The monthly technical read for Tarsus Pharmaceuticals Inc (NASDAQ-TARS) is currently Neutral. Use it as a timing signal only, and compare it with valuation, fundamentals and upcoming events before drawing a broader view.

Analyst Consensus for Tarsus Pharmaceuticals Inc (NASDAQ-TARS)

A consolidated view of buy, hold and sell recommendations based on the currently available analyst data.

Strong Sell Sell Neutral Buy Strong Buy
Consolidated analyst recommendation mix
Strong Buy

Based on the available recommendation mix, Tarsus Pharmaceuticals Inc (NASDAQ-TARS) has a Strong Buy consensus, with 8 buy, 0 hold and 0 sell recommendations in the current data set.

Buy 8
Hold 0
Sell 0
FAQ Fast Investor Answers

Tarsus Pharmaceuticals Inc (NASDAQ-TARS) Stock FAQ

Quick answers about Tarsus Pharmaceuticals Inc (NASDAQ-TARS) stock, including fair value, valuation rating, analyst price target, dividends, earnings dates, market capitalization, financial health and other key stock analysis metrics.

Fair Value
$62.52
Estimated upside 10.9%
Valuation Rating
Undervalued
Estimated upside of 10.9%
Analyst Target
$94.56
Implied upside 67.7%
Financial Health
Good
Current financial-health read

The current fair value estimate for Tarsus Pharmaceuticals Inc (NASDAQ-TARS) is $62.52. This implies an estimated upside of 10.9% versus the current market price.

Based on the current fair value estimate, the stock appears undervalued, with estimated upside of 10.9% versus the current market price.

The available analyst price target for Tarsus Pharmaceuticals Inc (NASDAQ-TARS) is $94.56. The analyst target implies estimated upside of 67.7%.

The current financial health read for Tarsus Pharmaceuticals Inc (NASDAQ-TARS) is Good. This should be reviewed alongside valuation, profitability, debt and cash-flow quality metrics.

The next earnings date currently listed for Tarsus Pharmaceuticals Inc (NASDAQ-TARS) is August 6, 2026.

Based on the current data, dividend yield is 0.0%.

The current P/E ratio listed for Tarsus Pharmaceuticals Inc (NASDAQ-TARS) is -50.6x. Use it together with growth, margins and sector comparisons rather than as a standalone valuation signal.

The current market capitalization listed for Tarsus Pharmaceuticals Inc is 2.42 B.

The current enterprise value listed for Tarsus Pharmaceuticals Inc is 2.142 B. Enterprise value can provide a broader valuation view than market capitalization alone because it also considers net debt.

The ticker symbol for Tarsus Pharmaceuticals Inc is NASDAQ-TARS, and the stock is listed on NASDAQ.

Tarsus Pharmaceuticals Inc (NASDAQ-TARS) is listed on NASDAQ.

The current debt-to-total-capital ratio listed for Tarsus Pharmaceuticals Inc is 3.5%, which helps investors evaluate the company’s financing structure and leverage profile.

The free float listed for Tarsus Pharmaceuticals Inc is 74.6%. Free float helps investors understand how much of the share base is available for public trading.