Arcutis Biotherapeutics, Inc. (ARQT)

NASDAQ: ARQT · Real-Time Price · USD
14.99
+0.88 (6.24%)
At close: Dec 20, 2024, 4:00 PM
15.11
+0.12 (0.80%)
After-hours: Dec 20, 2024, 5:39 PM EST
6.24%
Market Cap 1.75B
Revenue (ttm) 138.71M
Net Income (ttm) -195.54M
Shares Out 117.04M
EPS (ttm) -1.73
PE Ratio n/a
Forward PE n/a
Dividend n/a
Ex-Dividend Date n/a
Volume 3,874,262
Open 14.25
Previous Close 14.11
Day's Range 14.18 - 15.77
52-Week Range 2.60 - 15.77
Beta 1.32
Analysts Strong Buy
Price Target 15.50 (+3.4%)
Earnings Date Nov 6, 2024

About ARQT

Arcutis Biotherapeutics, Inc., a biopharmaceutical company, focuses on developing and commercializing treatments for dermatological diseases. Its lead product candidate is ARQ-151, a topical roflumilast cream that has completed Phase III clinical trials for the treatment of plaque psoriasis and atopic dermatitis. The company is also developing ARQ-154, a topical ZORYVE for the treatment of scalp and body psoriasis and seborrheic dermatitis; ARQ-252, a selective topical janus kinase type 1 inhibitor for hand eczema and vitiligo; ARQ-255, a topic... [Read more]

Industry Biotechnology
Sector Healthcare
IPO Date Jan 31, 2020
Employees 296
Stock Exchange NASDAQ
Ticker Symbol ARQT
Full Company Profile

Financial Performance

In 2023, Arcutis Biotherapeutics's revenue was $59.61 million, an increase of 1517.09% compared to the previous year's $3.69 million. Losses were -$262.14 million, -15.83% less than in 2022.

Financial Statements

Analyst Forecast

According to 4 analysts, the average rating for ARQT stock is "Strong Buy." The 12-month stock price forecast is $15.5, which is an increase of 3.40% from the latest price.

Price Target
$15.5
(3.40% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

Arcutis Biotherapeutics Reports Inducement Grants Under Nasdaq Listing Rule 5635(c)(4)

WESTLAKE VILLAGE, Calif., Dec. 06, 2024 (GLOBE NEWSWIRE) -- Arcutis Biotherapeutics, Inc.  (Nasdaq: ARQT), a commercial-stage biopharmaceutical company focused on developing meaningful innovations in ...

14 days ago - GlobeNewsWire

Arcutis Biotherapeutics: +200% On ZORYVE Approval, But When Is The Next Leg Up?

Following the successful product launch of Zoryve, Arcutis Biotherapeutics has returned an impressive +200% year-to-date. Recent Q3 earnings impressed, with a blistering 452% year-over-year and 45% qu...

5 weeks ago - Seeking Alpha

Arcutis Biotherapeutics, Inc. (ARQT) Q3 2024 Earnings Call Transcript

Arcutis Biotherapeutics, Inc. (NASDAQ:ARQT) Q3 2024 Earnings Conference Call November 6, 2024 4:30 PM ET Company Participants Latha Vairavan - Vice President, Finance and Investor Relations Frank Wat...

6 weeks ago - Seeking Alpha

Arcutis Announces Third Quarter 2024 Financial Results and Provides Business Update

Third quarter net product revenues for ZORYVE® (roflumilast) franchise of $44.8M, with $22.0M for ZORYVE cream 0.3%, $20.3M for ZORYVE topical foam 0.3%, and $2.5M for ZORYVE cream 0.15%; sales growth...

6 weeks ago - GlobeNewsWire

Arcutis to Report Third Quarter 2024 Financial Results and Participate in an Upcoming Investor Conference

WESTLAKE VILLAGE, Calif., Oct. 23, 2024 (GLOBE NEWSWIRE) -- Arcutis Biotherapeutics, Inc. (Nasdaq: ARQT), a commercial-stage biopharmaceutical company focused on developing meaningful innovations in i...

2 months ago - GlobeNewsWire

Top 3 Health Care Stocks That Could Lead To Your Biggest Gains In Q4

The most oversold stocks in the health care sector presents an opportunity to buy into undervalued companies.

Other symbols: OGNTMDX
2 months ago - Benzinga

Arcutis Announces Health Canada Approval of ZORYVE® (Roflumilast) Foam 0.3% to Treat Seborrheic Dermatitis in Individuals 9 Years of Age and Older

ZORYVE foam represents the first topical treatment for seborrheic dermatitis with a new mechanism of action approved in Canada in over two decades1 Second approval of ZORYVE outside of the United Stat...

2 months ago - GlobeNewsWire

New Data Shows ZORYVE® (Roflumilast) Cream 0.15% Provided Consistent Improvement of Atopic Dermatitis in Individuals With Diverse Skin Types

ZORYVE demonstrated consistent efficacy in disease clearance and reduction in itch for individuals with atopic dermatitis (AD) regardless of race, ethnicity, and Fitzpatrick skin type ZORYVE was safe ...

3 months ago - GlobeNewsWire

FDA Accepts Arcutis' Supplemental New Drug Application for ZORYVE® (roflumilast) Foam for the Treatment of Scalp and Body Psoriasis in Adults and Adolescents Ages 12 and Over

U.S. Food and Drug Administration (FDA) has set a Prescription Drug User Fee Act (PDUFA) target action date of May 22, 2025 Almost half of the 9 million individuals in the United States with plaque ps...

3 months ago - GlobeNewsWire

Arcutis: Shares Plateau After Early 2024 Gains, But Further Upside Looks Likely

Arcutis Biotherapeutics, Inc. is a biotech company based in California that markets two dermatological products, ZORYVE cream and foam, containing roflumilast, a PDE4 inhibitor. Despite initial strugg...

4 months ago - Seeking Alpha

Arcutis to Present at the Morgan Stanley 22nd Annual Global Healthcare Conference

WESTLAKE VILLAGE, Calif., Aug. 22, 2024 (GLOBE NEWSWIRE) -- Arcutis Biotherapeutics, Inc.  (Nasdaq: ARQT), a commercial-stage biopharmaceutical company focused on developing meaningful innovations in ...

4 months ago - GlobeNewsWire

Arcutis Biotherapeutics, Inc. (ARQT) Q2 2024 Earnings Call Transcript

Arcutis Biotherapeutics, Inc. (NASDAQ:ARQT) Q2 2024 Earnings Conference Call August 14, 2024 4:30 PM ET Company Participants Latha Vairavan - VP, Finance and Head of IR Frank Watanabe - President & C...

4 months ago - Seeking Alpha

CORRECTION – Arcutis Announces Second Quarter 2024 Financial Results and Provides Business Update

WESTLAKE VILLAGE, Calif., Aug. 14, 2024 (GLOBE NEWSWIRE) -- In a release issued under the same headline earlier today by Arcutis Biotherapeutics, Inc. (Nasdaq: ARQT), please note that in the section o...

4 months ago - GlobeNewsWire

Arcutis Announces Second Quarter 2024 Financial Results and Provides Business Update

Second quarter net product revenues for ZORYVE® franchise of $30.9M, with $17.3M for ZORYVE (roflumilast) cream 0.3%, and $13.6M for ZORYVE (roflumilast) topical foam, 0.3%; sales growth of 547% vs. Q...

4 months ago - GlobeNewsWire

Arcutis Announces ZORYVE® U.S. Co-promote Agreement with Kowa Pharmaceuticals America, Inc.

Over 200-person sales force to promote ZORYVE (roflumilast) in primary care and pediatric practices Provides access to a large portion of the 7.4 million individuals treated for plaque psoriasis, sebo...

5 months ago - GlobeNewsWire

Arcutis Launches ZORYVE® (roflumilast) Cream 0.15% for the Treatment of Atopic Dermatitis

Once-daily, effective, safe, and well-tolerated ZORYVE cream now commercially available Provides rapid clearance of atopic dermatitis signs and symptoms and significant reduction in itch, and can be u...

5 months ago - GlobeNewsWire

Arcutis to Host ZORYVE® (Roflumilast) Cream 0.15% FDA Approval Call With KOL

WESTLAKE VILLAGE, Calif., July 22, 2024 (GLOBE NEWSWIRE) -- Arcutis Biotherapeutics, Inc. (Nasdaq: ARQT), a commercial-stage biopharmaceutical company focused on developing meaningful innovations in i...

5 months ago - GlobeNewsWire

FDA Approves Arcutis' ZORYVE® (roflumilast) Cream 0.15% for the Treatment of Atopic Dermatitis in Adults and Children Down to 6 Years of Age

ZORYVE cream provides rapid relief, with efficacy, safety, and tolerability demonstrated up to 56 weeks of treatment ZORYVE cream rapidly and significantly reduces itch, the most bothersome symptom of...

5 months ago - GlobeNewsWire

Arcutis Announces New Long-Term Data of Roflumilast Cream 0.15% for the Treatment of Mild to Moderate Atopic Dermatitis (AD) in Adults and Children Down to Age Six Presented at Revolutionizing Alopecia Areata, Vitiligo, and Eczema Conference

Investigational roflumilast cream 0.15% showed continued improvements in the signs and symptoms of AD, including itch, through 56 weeks of treatment 66.2% of participants treated with once-daily roflu...

6 months ago - GlobeNewsWire

Arcutis Biotherapeutics, Inc. (ARQT) Q1 2024 Earnings Call Transcript

Arcutis Biotherapeutics, Inc. (NASDAQ:ARQT) Q1 2024 Earnings Conference Call May 14, 2024 4:30 PM ET Company Participants Latha Vairavan - Vice President, Finance and Head of Investor Relations Frank...

7 months ago - Seeking Alpha

Arcutis Announces First Quarter 2024 Financial Results and Provides Business Update

First quarter net product revenues for ZORYVE® franchise of $21.6M, with $15M for ZORYVE (roflumilast) cream 0.3%, and $6.5M for ZORYVE (roflumilast) topical foam, 0.3%; sales growth of 675% vs. Q1 '2...

7 months ago - GlobeNewsWire

Expert Panel Review Further Validates Use of ZORYVE® (roflumilast) Topical Foam, 0.3% for Treatment of Seborrheic Dermatitis Across Diverse Hair Types Published in Journal of Clinical and Aesthetic Dermatology

Eight of nine experts expressed feeling “extremely confident” about prescribing ZORYVE foam to patients of diverse skin and hair types, including individuals with previous hair treatments, based on re...

7 months ago - GlobeNewsWire

Arcutis to Report First Quarter 2024 Financial Results and Host Conference Call on May 14, 2024

WESTLAKE VILLAGE, Calif., April 29, 2024 (GLOBE NEWSWIRE) -- Arcutis Biotherapeutics, Inc. (Nasdaq: ARQT), a commercial-stage biopharmaceutical company focused on developing meaningful innovations in ...

8 months ago - GlobeNewsWire

Arcutis Appoints David Topper as Chief Financial Officer

WESTLAKE VILLAGE, Calif., April 10, 2024 (GLOBE NEWSWIRE) -- Arcutis Biotherapeutics, Inc.  (Nasdaq: ARQT), a commercial-stage company focused on developing meaningful innovations in immuno-dermatolog...

9 months ago - GlobeNewsWire

VKTX, JANX and these biotech stocks are surging in 2024

Forget artificial intelligence stocks like Nvidia and Super Micro Computer. Biotech stocks are doing much better this year.

9 months ago - Invezz