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Arcutis Biotherapeutics

ARQTNASDAQ
Logo brought to you by Benzinga Data
$10.05
-0.09-0.85%
Last update: 12:15 PM
15 minutes delayed
Consensus Rating1
Buy
Highest Price Target1
$50.00
Lowest Price Target1
$8.00
Consensus Price Target1
$28.09

Arcutis Biotherapeutics (NASDAQ:ARQT) Stock, Analyst Ratings, Price Targets, Forecasts

Arcutis Biotherapeutics Inc has a consensus price target of $28.09 based on the ratings of 12 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 Jefferies, Needham, and Needham on August 28, 2024, August 15, 2024, and July 30, 2024, respectively. With an average price target of $17 between Jefferies, Needham, and Needham, there's an implied 69.10% upside for Arcutis Biotherapeutics Inc from these most-recent analyst ratings.

Analyst Trends and Forecast
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Analyst Rating and Forecast
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Analyst Firms Making Recommendations1

Jefferies
Needham
Mizuho
Goldman Sachs
Morgan Stanley

1calculated from analyst ratings

Analyst Ratings for Arcutis Biotherapeutics

Data brought to you by Benzinga APIs

FAQ

Q

What is the target price for Arcutis Biotherapeutics (ARQT) stock?

A

The latest price target for Arcutis Biotherapeutics (NASDAQ:ARQT) was reported by Jefferies on August 28, 2024. The analyst firm set a price target for $15.00 expecting ARQT to rise to within 12 months (a possible 49.20% upside). 20 analyst firms have reported ratings in the last year.

Q

What is the most recent analyst rating for Arcutis Biotherapeutics (ARQT)?

A

The latest analyst rating for Arcutis Biotherapeutics (NASDAQ:ARQT) was provided by Jefferies, and Arcutis Biotherapeutics initiated their buy rating.

Q

When was the last upgrade for Arcutis Biotherapeutics (ARQT)?

A

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.

Q

When was the last downgrade for Arcutis Biotherapeutics (ARQT)?

A

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.

Q

When is the next analyst rating going to be posted or updated for Arcutis Biotherapeutics (ARQT)?

A

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 August 28, 2024 so you should expect the next rating to be made available sometime around August 28, 2025.

Q

Is the Analyst Rating Arcutis Biotherapeutics (ARQT) correct?

A

While ratings are subjective and will change, the latest Arcutis Biotherapeutics (ARQT) rating was a initiated with a price target of $0.00 to $15.00. The current price Arcutis Biotherapeutics (ARQT) is trading at is $10.05, which is within the analyst’s predicted range.

Browse analyst ratings and price targets on all stocks.

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