Bulls vs Bears
Click to unlock major analysts' bullish and bearish positions by joining Benzinga Edge.
Click to unlock major analysts' bullish and bearish positions by joining Benzinga Edge.
Arcutis Biotherapeutics Inc has a consensus price target of $25.9 based on the ratings of 11 analysts. The high is $50 issued by Cantor Fitzgerald on August 22, 2023. The low is $8 issued by HC Wainwright & Co. on November 6, 2023. The 3 most-recent analyst ratings were released by Needham, Jefferies, and Needham on November 7, 2024, August 28, 2024, and August 15, 2024, respectively. With an average price target of $17 between Needham, Jefferies, and Needham, there's an implied 65.21% upside for Arcutis Biotherapeutics Inc from these most-recent analyst ratings.
1calculated from analyst ratings
The latest price target for Arcutis Biotherapeutics (NASDAQ:ARQT) was reported by Needham on November 7, 2024. The analyst firm set a price target for $18.00 expecting ARQT to rise to within 12 months (a possible 74.93% upside). 14 analyst firms have reported ratings in the last year.
The latest analyst rating for Arcutis Biotherapeutics (NASDAQ:ARQT) was provided by Needham, and Arcutis Biotherapeutics reiterated their buy rating.
The last upgrade for Arcutis Biotherapeutics Inc happened on January 3, 2024 when Mizuho raised their price target to $8. Mizuho previously had a neutral for Arcutis Biotherapeutics Inc.
The last downgrade for Arcutis Biotherapeutics Inc happened on November 8, 2023 when JonesTrading changed their price target from N/A to N/A for Arcutis Biotherapeutics Inc.
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Arcutis Biotherapeutics, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for Arcutis Biotherapeutics was filed on November 7, 2024 so you should expect the next rating to be made available sometime around November 7, 2025.
While ratings are subjective and will change, the latest Arcutis Biotherapeutics (ARQT) rating was a reiterated with a price target of $18.00 to $18.00. The current price Arcutis Biotherapeutics (ARQT) is trading at is $10.29, which is out of the analyst’s predicted range.
Browse analyst ratings and price targets on all stocks.