Tarsus Pharmaceuticals, Inc. (TARS)

NASDAQ: TARS · Real-Time Price · USD
75.52
-0.35 (-0.46%)
At close: Feb 27, 2026, 4:00 PM EST
75.01
-0.51 (-0.68%)
After-hours: Feb 27, 2026, 5:21 PM EST
-0.46%
Market Cap 3.21B
Revenue (ttm) 451.36M
Net Income (ttm) -66.42M
Shares Out 42.56M
EPS (ttm) -1.59
PE Ratio n/a
Forward PE n/a
Dividend n/a
Ex-Dividend Date n/a
Volume 445,976
Open 75.75
Previous Close 75.87
Day's Range 74.06 - 76.92
52-Week Range 38.51 - 85.25
Beta 0.58
Analysts Strong Buy
Price Target 80.56 (+6.67%)
Earnings Date Feb 23, 2026

About TARS

Tarsus Pharmaceuticals, Inc., a commercial stage biopharmaceutical company, focuses on the development and commercialization of therapeutic candidates for eye care in the United States. The company offers XDEMVY, a lotilaner ophthalmic solution for the treatment of demodex blepharitis caused by the infestation of Demodex mites. It sells its products to specialty pharmacies and distributors, as well as clinics, hospitals, pharmacies, and federal healthcare programs. The company also develops TP-04, a sterile aqueous gel formulation of lotilaner ... [Read more]

Industry Biotechnology
Sector Healthcare
IPO Date Oct 16, 2020
Employees 370
Stock Exchange NASDAQ
Ticker Symbol TARS
Full Company Profile

Financial Performance

In 2025, Tarsus Pharmaceuticals's revenue was $451.36 million, an increase of 146.71% compared to the previous year's $182.95 million. Losses were -$66.42 million, -42.52% less than in 2024.

Financial Statements

Analyst Forecast

According to 9 analysts, the average rating for TARS stock is "Strong Buy." The 12-month stock price target is $80.56, which is an increase of 6.67% from the latest price.

Price Target
$80.56
(6.67% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

Tarsus to Participate in Upcoming Investor Conferences

IRVINE, Calif., Feb. 26, 2026 (GLOBE NEWSWIRE) -- Tarsus Pharmaceuticals, Inc. (NASDAQ: TARS), today announced that management plans to participate in the following upcoming investor conferences:

3 days ago - GlobeNewsWire

Tarsus Pharmaceuticals: Q4 Results Highlight Xdemvy Blockbuster Potential

Tarsus Pharmaceuticals remains a Strong Buy, driven by Xdemvy's robust growth and management's $2B+ peak sales target. FY 2025 revenue surged 150% to $451M, with 2026 guidance at $670–$700M and 93% gr...

5 days ago - Seeking Alpha

Tarsus Pharmaceuticals, Inc. (TARS) Q4 2025 Earnings Call Transcript

Tarsus Pharmaceuticals, Inc. (TARS) Q4 2025 Earnings Call Transcript

5 days ago - Seeking Alpha

Tarsus Pharmaceuticals Appoints Renowned Biopharmaceutical Leader and Former Allergan CEO, David Pyott, to its Board of Directors

IRVINE, Calif., Feb. 18, 2026 (GLOBE NEWSWIRE) -- Tarsus Pharmaceuticals, Inc. (NASDAQ: TARS) today announced the appointment of David E. I. Pyott, a distinguished leader in the global biopharmaceutic...

11 days ago - GlobeNewsWire

Tarsus to Report Fourth Quarter and Full Year 2025 Financial Results on Monday, February 23, 2026

IRVINE, Calif., Feb. 17, 2026 (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 Monday, February 23, 2...

12 days ago - GlobeNewsWire

Allspring Emerging Growth Fund Q4 2025 Performance Review

After years of underinvestment and production delays across the aerospace industry, ATI is now capitalizing on a surge in demand fueled by Boeing and Airbus' historically large backlogs for new aircra...

25 days ago - Seeking Alpha

Tarsus Pharmaceuticals: Xdemvy Momentum Continues In Q3

Tarsus Pharmaceuticals, Inc. is upgraded to Strong Buy with a 12-month price target of $100/share, driven by Xdemvy's rapid commercialization. Xdemvy remains the only approved treatment for Demodex bl...

3 months ago - Seeking Alpha

Tarsus Pharmaceuticals, Inc. (TARS) Q3 2025 Earnings Call Transcript

Tarsus Pharmaceuticals, Inc. ( TARS) Q3 2025 Earnings Call November 4, 2025 4:30 PM EST Company Participants David Nakasone - Head of Investor Relations Bobak Azamian - Co-Founder, President, CEO & C...

4 months ago - Seeking Alpha

Tarsus Reports Third Quarter 2025 Financial Results and Recent Business Achievements

Delivered quarterly  XDEMVY ® net sales of approximately $119 million, up approximately 147% year-over-year

4 months ago - GlobeNewsWire

Tarsus to Report Third Quarter 2025 Financial Results on Tuesday, November 4, 2025

IRVINE, Calif., Oct. 28, 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 Tuesday, November 4, 2...

4 months ago - GlobeNewsWire

Tarsus Pharmaceuticals: Considering If The Big Marketing Push Will Pay Off

TARS has passed the milestone of $100M in sales per quarter with Xdemvy. TARS guides for softer Q3'25 growth due to seasonality, but expects direct-to-consumer campaigns and reimbursement to drive str...

5 months ago - Seeking Alpha

Top 2 Health Care Stocks That May Fall Off A Cliff In August

As of Aug. 20, 2025, two stocks in the health care sector could be flashing a real warning to investors who value momentum as a key criteria in their trading decisions.

Other symbols: PINC
6 months ago - Benzinga

Tarsus Pharmaceuticals, Inc. (TARS) Q2 2025 Earnings Call Transcript

Tarsus Pharmaceuticals, Inc. (NASDAQ:TARS) Q2 2025 Earnings Conference Call August 6, 2025 4:30 PM ET Company Participants Aziz Mottiwala - Chief Commercial Officer Bobak R. Azamian - Co-Founder, Pre...

7 months ago - Seeking Alpha

Tarsus Reports Second Quarter 2025 Financial Results and Recent Business Achievements

Record quarterly net product sales of $102.7 million achieved within two years of our XDEMVY ® launch, an increase of 152% year over year

7 months ago - GlobeNewsWire

Tarsus to Report Second Quarter 2025 Financial Results on Wednesday, August 6, 2025

IRVINE, Calif., July 30, 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 Wednesday, August 6, 2...

7 months ago - GlobeNewsWire

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 Demo...

10 months ago - Seeking Alpha

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 XDEM...

Other symbols: ELAN
10 months ago - PRNewsWire

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 Office...

10 months ago - Seeking Alpha

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

10 months ago - GlobeNewsWire

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...

11 months ago - GlobeNewsWire

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 ...

11 months ago - GlobeNewsWire

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 2,8...

1 year ago - GlobeNewsWire

Tarsus Announces Proposed $100.0 Million Public Offering

IRVINE, Calif., March 12, 2025 (GLOBE NEWSWIRE) -- Tarsus Pharmaceuticals, Inc. (Nasdaq: TARS) (the “Company” or “Tarsus”) today announced the commencement of an underwritten public offering of $100.0...

1 year ago - GlobeNewsWire

Tarsus Pharma: Strong Execution In Xdemvy Commercialization

Tarsus Pharmaceuticals' Xdemvy, the first approved treatment for Demodex blepharitis, generated $180M in 2024 sales, with significant growth potential in a large addressable market. Analysts project T...

1 year ago - Seeking Alpha

Tarsus to Participate in Upcoming Investor Conference

IRVINE, Calif., March 06, 2025 (GLOBE NEWSWIRE) -- Tarsus Pharmaceuticals, Inc. (NASDAQ: TARS), today announced that management will participate in a fireside chat at the Barclays 27th Annual Global H...

1 year ago - GlobeNewsWire