Arcutis Biotherapeutics (ARQT) Stock Forecast, Price Target & Predictions


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ARQT Stock Forecast


Arcutis Biotherapeutics stock forecast is as follows: an average price target of $31.00 (represents a 108.61% upside from ARQT’s last price of $14.86) and a rating consensus of 'Buy', based on 4 wall street analysts offering a 1-year stock forecast.

ARQT Price Target


The average price target for Arcutis Biotherapeutics (ARQT) is $31.00 based on 1-year price targets from 4 Wall Street analysts in the past 3 months, with a price target range of $51.00 to $18.00. This represents a potential 108.61% upside from ARQT's last price of $14.86.

ARQT Analyst Ratings


Buy

According to 4 Wall Street analysts, Arcutis Biotherapeutics's rating consensus is 'Buy'. The analyst rating breakdown for ARQT stock is 0 'Strong Buy' (0.00%), 3 'Buy' (75.00%), 0 'Hold' (0.00%), 1 'Sell' (25.00%), and 0 'Strong Sell' (0.00%).

Arcutis Biotherapeutics Price Target by Analyst


DateAnalystCompanyPrice TargetPrice when PublishedPrice Target/Price when PublishedPrice Target/Last Closing Price
May 15, 2024Serge BelangerNeedham$18.00$8.13121.40%21.13%
May 15, 2024Uy EarMizuho Securities$18.00$8.13121.40%21.13%
Jan 02, 2024Mizuho Securities$8.00$3.43133.24%-46.16%
Dec 13, 2022Morgan Stanley$51.00$16.58207.60%243.20%
Apr 27, 2022Eric ChaGoldman Sachs$37.00$19.6188.63%148.99%

The latest Arcutis Biotherapeutics stock forecast, released on May 15, 2024 by Serge Belanger from Needham, set a price target of $18.00, which represents a 121.40% increase from the stock price at the time of the forecast ($8.13), and a 21.13% increase from ARQT last price ($14.86).

Arcutis Biotherapeutics Price Target by Period


1M3M12M
# Anlaysts--3
Avg Price Target--$14.67
Last Closing Price$14.86$14.86$14.86
Upside/Downside-100.00%-100.00%-1.28%

In the current month, the average price target of Arcutis Biotherapeutics stock is -, according to 0 Wall Street analyst offering twelve months forecast. The average price target represents a -100.00% decrease as opposed to Arcutis Biotherapeutics's last price of $14.86. This month's average price target is down NaN% compared to last quarter, and down -100.00% compared to last year.

Analyst Ratings Upgrades/Downgrades


DateCompanyPrevious RatingNew RatingRating Change
Aug 28, 2024NeedhamBuyBuyHold
Aug 28, 2024JefferiesUnderperformUnderperformHold
Aug 28, 2024JefferiesBuyInitialise
Aug 15, 2024Cowen & Co.BuyBuyHold
Jul 10, 2024NeedhamBuyBuyHold
May 15, 2024NeedhamBuyBuyHold
Apr 12, 2024NeedhamBuyBuyHold
Apr 12, 2024Mizuho SecuritiesUnderperformUnderperformHold
Dec 13, 2022Morgan StanleyOverweightOverweightHold
Apr 26, 2022Zacks Investment ResearchSellDowngrade

Arcutis Biotherapeutics's last stock rating was published by Needham on Aug 28, 2024. The company gave ARQT a "Buy" rating, the same as its previous rate.

Arcutis Biotherapeutics Financial Forecast


Arcutis Biotherapeutics Revenue Forecast

Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22
Revenue--------$13.53M$38.11M$5.19M$2.78M$2.96M$725.00K
Avg Forecast$92.00M$72.64M$64.05M$56.26M$54.72M$37.62M$29.09M$15.18M$11.41M$32.91M$4.60M$3.14M$614.29K$614.29K
High Forecast$96.22M$75.98M$66.99M$57.53M$55.59M$39.34M$29.09M$15.87M$11.93M$34.43M$4.81M$3.28M$642.49K$614.29K
Low Forecast$88.74M$70.07M$61.78M$55.00M$53.84M$36.28M$29.09M$14.64M$11.00M$31.75M$4.44M$3.03M$592.51K$614.29K
# Analysts11124211311111
Surprise %--------1.19%1.16%1.13%0.89%4.82%1.18%

Arcutis Biotherapeutics's average Quarter revenue forecast for Mar 24 based on 1 analysts is $15.18M, with a low forecast of $14.64M, and a high forecast of $15.87M. ARQT's average Quarter revenue forecast represents a 12.19% increase compared to the company's last Quarter revenue of $13.53M (Dec 23).

Arcutis Biotherapeutics EBITDA Forecast

Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22
# Analysts11124211311111
EBITDA--------$-60.78M$-34.18M$-66.76M$-73.06M$-65.10M$-102.53M
Avg Forecast$18.40M$14.53M$12.81M$11.25M$10.94M$7.52M$5.82M$3.03M$2.28M$6.58M$919.68K$627.50K$122.86K$122.86K
High Forecast$19.24M$15.20M$13.40M$11.51M$11.12M$7.87M$5.82M$3.17M$2.39M$6.89M$961.91K$656.31K$128.50K$122.86K
Low Forecast$17.75M$14.01M$12.36M$11.00M$10.77M$7.26M$5.82M$2.93M$2.20M$6.35M$887.07K$605.25K$118.50K$122.86K
Surprise %---------26.64%-5.19%-72.59%-116.43%-529.92%-834.53%

undefined analysts predict ARQT's average Quarter EBITDA for undefined to be $NaN, with a high of $NaN and a low of $NaN. This is NaN% lower than Arcutis Biotherapeutics's previous annual EBITDA (undefined) of $NaN.

Arcutis Biotherapeutics Net Income Forecast

Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22
# Analysts11124211311111
Net Income--------$-66.28M$-44.77M$-70.99M$-79.74M$-75.61M$-110.67M
Avg Forecast$-31.08M$-29.21M$-34.80M$-41.64M$-35.05M$-51.85M$-64.20M$-85.15M$-97.22M$-113.58M$-155.39M$-159.69M$-215.20M$-213.78M
High Forecast$-29.64M$-27.86M$-33.20M$-37.29M$-27.54M$-49.46M$-61.24M$-81.22M$-71.79M$-108.35M$-148.23M$-152.33M$-205.28M$-213.78M
Low Forecast$-32.93M$-30.96M$-36.88M$-45.99M$-40.06M$-54.95M$-68.03M$-90.23M$-121.15M$-120.36M$-164.67M$-169.22M$-228.04M$-213.78M
Surprise %--------0.68%0.39%0.46%0.50%0.35%0.52%

Arcutis Biotherapeutics's average Quarter net income forecast for undefined is $NaN, with a range of $NaN to $NaN. ARQT's average Quarter net income forecast represents a NaN% decrease compared to the company's last Quarter net income of $NaN (undefined).

Arcutis Biotherapeutics SG&A Forecast

Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22
# Analysts11124211311111
SG&A--------$48.48M$47.59M$45.96M$42.92M$37.02M$35.47M
Avg Forecast$721.98M$570.05M$502.63M$441.53M$429.38M$295.20M$228.28M$119.09M$89.53M$258.30M$36.09M$24.62M$4.82M$4.82M
High Forecast$755.13M$596.23M$525.71M$451.45M$436.24M$308.76M$228.28M$124.56M$93.64M$270.16M$37.74M$25.75M$5.04M$4.82M
Low Forecast$696.38M$549.84M$484.81M$431.62M$422.52M$284.73M$228.28M$114.87M$86.35M$249.14M$34.81M$23.75M$4.65M$4.82M
Surprise %--------0.54%0.18%1.27%1.74%7.68%7.36%

Arcutis Biotherapeutics's average Quarter SG&A projection for Mar 24 is $119.09M, based on 1 Wall Street analysts, with a range of $114.87M to $124.56M. The forecast indicates a 145.66% rise compared to ARQT last annual SG&A of $48.48M (Dec 23).

Arcutis Biotherapeutics EPS Forecast

Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22
# Analysts11124211311111
EPS--------$-0.72$-0.73$-1.16$-1.30$-1.24$-1.94
Avg Forecast$-0.25$-0.23$-0.28$-0.34$-0.28$-0.42$-0.52$-0.69$-0.78$-0.91$-1.25$-1.28$-1.73$-1.73
High Forecast$-0.24$-0.22$-0.27$-0.30$-0.22$-0.40$-0.49$-0.65$-0.58$-0.87$-1.19$-1.23$-1.65$-1.73
Low Forecast$-0.26$-0.25$-0.30$-0.37$-0.32$-0.44$-0.55$-0.73$-0.97$-0.97$-1.32$-1.36$-1.83$-1.73
Surprise %--------0.92%0.80%0.93%1.01%0.72%1.12%

According to undefined Wall Street analysts, Arcutis Biotherapeutics's projected average Quarter EPS for undefined is $NaN, with a low estimate of $NaN and a high estimate of $NaN. This represents a NaN% decrease compared to ARQT previous annual EPS of $NaN (undefined).

Arcutis Biotherapeutics Peer Comparison by Price Target


TickerCompanyLast Closing PriceAvg Price TargetUpside/DownsideAvg Rating
SPROSpero Therapeutics$1.04$10.00861.54%Buy
INZYInozyme Pharma$2.94$16.00444.22%Buy
XFORX4 Pharmaceuticals$0.74$3.67395.95%Buy
ABOSAcumen Pharmaceuticals$1.96$7.00257.14%Buy
CHRSCoherus BioSciences$1.71$6.00250.88%Hold
TERNTerns Pharmaceuticals$6.80$18.67174.56%Buy
ERASErasca$2.63$6.00128.14%Buy
ARQTArcutis Biotherapeutics$14.86$31.00108.61%Buy
APLSApellis Pharmaceuticals$34.53$70.80105.04%Buy
AMLXAmylyx Pharmaceuticals$4.28$8.2592.76%Buy
DAWNDay One Biopharmaceuticals$12.64$24.0089.87%Buy
BOLTBolt Biotherapeutics$0.54$1.0085.19%Hold
DSGNDesign Therapeutics$6.25$9.6754.72%Buy
MIRMMirum Pharmaceuticals$42.65$57.0033.65%Buy

ARQT Forecast FAQ


Is Arcutis Biotherapeutics a good buy?

Yes, according to 4 Wall Street analysts, Arcutis Biotherapeutics (ARQT) is considered a 'Buy'. The rating consensus is based on 0 'Strong Buy' and 3 'Buy' recommendations, accounting for 75.00% of ARQT's total ratings.

What is ARQT's price target?

Arcutis Biotherapeutics (ARQT) average price target is $31 with a range of $18 to $51, implying a 108.61% from its last price of $14.86. The data is based on 4 Wall Street analysts who provided a twelve-month price target estimate in the last three months.

Will Arcutis Biotherapeutics stock go up soon?

According to Wall Street analysts' prediction for ARQT stock, the company can go up by 108.61% (from the last price of $14.86 to the average price target of $31), up by 243.20% based on the highest stock price target, and up by 21.13% based on the lowest stock price target.

Can Arcutis Biotherapeutics stock reach $20?

ARQT's average twelve months analyst stock price target of $31 supports the claim that Arcutis Biotherapeutics can reach $20 in the near future.

What are Arcutis Biotherapeutics's analysts' financial forecasts?

Arcutis Biotherapeutics's analysts financial forecasts for the fiscal year (Dec 2024) are as follows: average revenue is $136.6M (high $139.89M, low $133.85M), average EBITDA is $27.32M (high $27.98M, low $26.77M), average net income is $-236M (high $-219M, low $-253M), average SG&A $1.07B (high $1.1B, low $1.05B), and average EPS is $-1.901 (high $-1.766, low $-2.037). ARQT's analysts financial forecasts for the fiscal year (Dec 2025) are as follows: average revenue is $284.95M (high $296.72M, low $275.58M), average EBITDA is $56.99M (high $59.34M, low $55.12M), average net income is $-137M (high $-128M, low $-147M), average SG&A $2.24B (high $2.33B, low $2.16B), and average EPS is $-1.1 (high $-1.03, low $-1.181).

Did the ARQT's actual financial results beat the analysts' financial forecasts?

Based on Arcutis Biotherapeutics's last annual report (Dec 2023), the company's revenue was $59.61M, beating the average analysts forecast of $52.06M by 14.50%. Apple's EBITDA was $-241M, missing the average prediction of $10.41M by -2415.68%. The company's net income was $-262M, missing the average estimation of $-526M by -50.15%. Apple's SG&A was $185.14M, missing the average forecast of $408.53M by -54.68%. Lastly, the company's EPS was $-0.0038, missing the average prediction of $-4.231 by -99.91%. In terms of the last quarterly report (Dec 2023), Arcutis Biotherapeutics's revenue was $13.53M, beating the average analysts' forecast of $11.41M by 18.57%. The company's EBITDA was $-60.784M, missing the average prediction of $2.28M by -2764.08%. Arcutis Biotherapeutics's net income was $-66.284M, missing the average estimation of $-97.222M by -31.82%. The company's SG&A was $48.48M, missing the average forecast of $89.53M by -45.85%. Lastly, the company's EPS was $-0.72, missing the average prediction of $-0.782 by -7.94%