ARQT

Arcutis Biotherapeutics, Inc.

Nasdaq · Pharmaceutical Preparations · Inc. DE · CIK 0001787306
$22.79 +5.80% $2.7B
Insider Selling Cluster (5 insiders)5 New Institutional Positions
Vol
Market Cap$2.7B
Cap SizeMid Cap
Analyst ConsensusStrong Buy (86%)
Inst. Holders9 funds
Inst. Value$453.7M
Inst. Activity5 buys / 0 sells
Insider Activity0B / 21S
Insider Net $-$3.8M
SEC Reports8
Congressional1 trades
Exchange Nasdaq·Sector Pharmaceutical Preparations·Inc. DE·CIK 0001787306·Prev Close $21.54

Recent Activity

Jun 29, 2026 fda_pdufa
PDUFA: ARQT — ZORYVE in plaque psoriasis down to 2 years of age — 2026-06-29
FDA target action date 2026-06-29 for ARQT (Arcutis Biotherapeutics, Inc.). Drug: ZORYVE. Indication
Jun 9, 2026 SEC
Arcutis Biotherapeutics filed an 8-K reporting the results of its 2026 Annual Meeting of Stockholders, where all three p
8-K — Impact 2/10
Jun 5, 2026 Insider
Heron Patrick J sold 16,667 shares
Director @ $0.00 ($0.00)
Jun 5, 2026 Insider
Krishnamohan Neha sold 16,667 shares
Director @ $0.00 ($0.00)
Jun 5, 2026 Insider
Krishnamohan Neha sold 5,778 shares
Director @ $0.00 ($0.00)
May 13, 2026 SEC
Four Arcutis insiders sold a total of $283K in open-market sales over a one-week window, including the CFO and three oth
CLUSTER — Impact 3/10
May 11, 2026 SEC
Director Patrick Burnett filed a Form 144 notice of intent to sell 222 shares of Arcutis Biotherapeutics (ARQT) worth ap
144 — Impact 1/10
Inst.
BANK OF AMERICA CORP — ADD
1,673,454 shares ($48.6M)

Price Targets

$34.63 +51.9% upside Strong Buy
Current $22.79 Low $33.00 Median $35.00 High $36.00 8 analysts
$33.00 $36.00

Analyst Ratings

Strong Buy86% buy · 14 analysts
4Strong Buy
8Buy
2Hold
0Sell
0Strong Sell
Recent Analyst Actions
DateFirmActionRating
May 7, 2026 Needham REITERATE Buy → Buy
Mar 2, 2026 Mizuho MAINTAIN Outperform → Outperform
Feb 27, 2026 Guggenheim MAINTAIN Buy → Buy
Feb 26, 2026 TD Cowen MAINTAIN Buy → Buy
Feb 26, 2026 HC Wainwright & Co. MAINTAIN Buy → Buy

Earnings Estimates

PeriodEPS Est.RangeGrowth#
Current Q $0.05 ▼ -28.2% $0.02 — $0.08 136% YoY 3
Next Q $0.09 ▼ -35.8% $0.06 — $0.16 53% YoY 5
Current FY $0.24 ▼ -33.3% $0.18 — $0.33 288% YoY 4
Next FY $1.16 ▼ -9.6% $0.79 — $1.61 372% YoY 7

Top Institutional Holders

FundValueMove
VANGUARD GROUP INC$210.7M
MORGAN STANLEY$126.0M
BANK OF AMERICA CORP$48.6MADD
CHARLES SCHWAB INVESTMENT MANAGEMENT$29.5MNEW
TWO SIGMA INVESTMENTS, LP$11.6MDOUBLED

Recent Insider Trades

DateInsiderTypeValue
Jun 5, 2026Heron PatrickA$0.00
Jun 5, 2026Krishnamohan NehaA$0.00
Jun 5, 2026Krishnamohan NehaA$0.00
Jun 5, 2026Munshi AmitA$0.00
Jun 5, 2026Munshi AmitA$0.00

Congressional Trades

1 members: 1 buys, 0 sells
MemberPartyTypeAmount
Gilbert CisnerosDBUY$1,001 - $15,000
9 institutional holders with $453.7M total value (15,621,803 shares) as of 2025-Q4. Top holders: VANGUARD, MORGAN, BANK. Net buying activity: 5 institutions added/increased vs 0 reduced.

Top Institutional Holders — 2025-Q4

#FundSharesValue% of TrackedLast Move
1VANGUARD GROUP INC7,253,936$210.7M46.4%
2MORGAN STANLEY4,340,239$126.0M27.8%
3BANK OF AMERICA CORP /DE/1,673,454$48.6M10.7%ADD +88.2%
4CHARLES SCHWAB INVESTMENT MANAGEMENT INC1,014,826$29.5M6.5%NEW
5TWO SIGMA INVESTMENTS, LP400,862$11.6M2.6%DOUBLED +320.1%
6WELLS FARGO & COMPANY/MN284,243$8.3M1.8%DOUBLED +170.0%
7RENAISSANCE TECHNOLOGIES LLC273,999$8.0M1.8%NEW
8FMR LLC205,424$6.0M1.3%
9NORGES BANK174,820$5.1M1.1%NEW

Recent Position Changes

FundActionPrev SharesCurr SharesChange %ValueQuarter
BANK OF AMERICA CORP /DE/ADD889,2851,673,454+88.2%$48.6M2025-Q4
TWO SIGMA INVESTMENTS, LPDOUBLED95,429400,862+320.1%$11.6M2025-Q4
WELLS FARGO & COMPANY/MNDOUBLED105,257284,243+170.0%$8.3M2025-Q4
RENAISSANCE TECHNOLOGIES LLCNEW273,999$8.0M2025-Q4
NORGES BANKNEW174,820$5.1M2025-Q4
BANK OF AMERICA CORP /DE/TRIM1,202,513889,285-26.0%$16.8M2025-Q3
WELLS FARGO & COMPANY/MNTRIM196,300105,257-46.4%$2.0M2025-Q3
TWO SIGMA INVESTMENTS, LPADD71,68195,429+33.1%$1.8M2025-Q3
NORGES BANKEXIT174,8200-100.0%$0.002025-Q3
BANK OF AMERICA CORP /DE/DOUBLED514,9511,202,513+133.5%$16.9M2025-Q2
NORGES BANKNEW174,820$2.5M2025-Q2
TWO SIGMA INVESTMENTS, LPTRIM151,56971,681-52.7%$1.0M2025-Q2
RENAISSANCE TECHNOLOGIES LLCEXIT21,7990-100.0%$0.002025-Q2
CITADEL ADVISORS LLCDOUBLED178,268439,575+146.6%$6.9M2025-Q1
WELLS FARGO & COMPANY/MNDOUBLED52,455198,359+278.2%$3.1M2025-Q1
TWO SIGMA INVESTMENTS, LPADD84,844151,569+78.6%$2.4M2025-Q1
RENAISSANCE TECHNOLOGIES LLCADD11,09921,799+96.4%$340.9K2025-Q1
NORGES BANKEXIT532,7930-100.0%$0.002025-Q1
UBS Group AGDOUBLED220,1942,789,530+1166.9%$38.9M2024-Q4
NORGES BANKDOUBLED174,820532,793+204.8%$7.4M2024-Q4
CITADEL ADVISORS LLCNEAR_EXIT3,153,573178,268-94.3%$2.5M2024-Q4
WELLS FARGO & COMPANY/MNADD35,77352,455+46.6%$730.7K2024-Q4
RENAISSANCE TECHNOLOGIES LLCNEAR_EXIT192,09911,099-94.2%$154.6K2024-Q4
CHARLES SCHWAB INVESTMENT MANAGEMENT INCNEW859,846$8.0M2024-Q3
13 unique insiders with 21 transactions. Net insider value: -$3.8M ($0.00 bought, $3.8M sold).

Insider Transactions

DateInsiderTitleTypeSharesPriceValue
Jun 5, 2026Heron Patrick JDirectorA16,667$0.00$0.00
Jun 5, 2026Krishnamohan NehaDirectorA16,667$0.00$0.00
Jun 5, 2026Krishnamohan NehaDirectorA5,778$0.00$0.00
Jun 5, 2026Munshi AmitDirectorA16,667$0.00$0.00
Jun 5, 2026Munshi AmitDirectorA5,778$0.00$0.00
Jun 5, 2026Gilbert Halley EDirectorA16,667$0.00$0.00
Jun 5, 2026Gilbert Halley EDirectorA5,778$0.00$0.00
Jun 5, 2026Heron Patrick JDirectorA5,778$0.00$0.00
Jun 5, 2026Welgus Howard G.DirectorA16,667$0.00$0.00
Jun 5, 2026Welgus Howard G.DirectorA5,778$0.00$0.00
Jun 5, 2026LIN SUE-JEANDirectorA16,667$0.00$0.00
Jun 5, 2026LIN SUE-JEANDirectorA5,778$0.00$0.00
Jun 5, 2026Leonard Keith RDirectorA16,667$0.00$0.00
Jun 5, 2026Leonard Keith RDirectorA5,778$0.00$0.00
Jun 5, 2026Curran TerrieDirectorA16,667$0.00$0.00
Jun 5, 2026Curran TerrieDirectorA5,778$0.00$0.00
May 11, 2026Burnett PatrickSee RemarksSELL222$21.05$4.7K
May 11, 2026Vairavan LathaSVP Chief Financial OfficerSELL435$21.05$9.2K
May 4, 2026Watanabe ToddSee RemarksSELL3,172$23.61$74.9K
May 4, 2026Vairavan LathaSVP Chief Financial OfficerSELL1,341$23.61$31.7K
May 4, 2026Burnett PatrickSee RemarksSELL684$23.61$16.1K
May 4, 2026Matsuda MasaruSee RemarksSELL7,372$23.27$171.5K
May 1, 2026Welgus Howard G.DirectorSELL7,144$22.99$164.2K
Apr 1, 2026Welgus Howard G.DirectorSELL10,000$23.88$238.8K
Mar 2, 2026Edwards Larry ToddSee RemarksSELL3,584$25.16$90.2K
Mar 2, 2026Watanabe ToddSee RemarksSELL36,281$25.16$912.9K
Mar 2, 2026Matsuda MasaruSee RemarksSELL6,553$25.16$164.9K
Mar 2, 2026Burnett PatrickSee RemarksSELL6,106$25.16$153.6K
Mar 2, 2026Vairavan LathaSVP Chief Financial OfficerSELL2,772$25.16$69.7K
Mar 2, 2026Leonard Keith RDirectorM27,052$8.63$233.5K
Mar 2, 2026Leonard Keith RDirectorM27,052$0.00$0.00
Mar 2, 2026Welgus Howard G.DirectorSELL10,000$25.65$256.5K
Feb 27, 2026Edwards Larry ToddSee RemarksA77,000$0.00$0.00
Feb 27, 2026Watanabe ToddSee RemarksA102,000$0.00$0.00
Feb 27, 2026Watanabe ToddSee RemarksA266,000$0.00$0.00
Feb 27, 2026Matsuda MasaruSee RemarksA37,000$0.00$0.00
Feb 27, 2026Matsuda MasaruSee RemarksA97,000$0.00$0.00
Feb 27, 2026Burnett PatrickSee RemarksA77,000$0.00$0.00
Feb 27, 2026Edwards Larry ToddSee RemarksA30,000$0.00$0.00
Feb 27, 2026Vairavan LathaSVP Chief Financial OfficerA27,000$0.00$0.00
Feb 27, 2026Vairavan LathaSVP Chief Financial OfficerA70,000$0.00$0.00
Feb 27, 2026Burnett PatrickSee RemarksA30,000$0.00$0.00
Feb 4, 2026Burnett PatrickSee RemarksSELL9,794$25.81$252.7K
Feb 2, 2026Burnett PatrickSee RemarksSELL3,675$25.50$93.7K
Feb 2, 2026Matsuda MasaruSee RemarksSELL7,983$25.50$203.6K
Feb 2, 2026Watanabe ToddSee RemarksSELL19,833$25.50$505.7K
Feb 2, 2026Vairavan LathaSVP Chief Financial OfficerSELL1,320$25.50$33.7K
Feb 2, 2026Welgus Howard G.DirectorSELL10,000$25.05$250.5K
Feb 2, 2026Edwards Larry ToddSee RemarksSELL2,052$25.50$52.3K
Aug 18, 2022Burnett PatrickSee RemarksA16,750$0.00$0.00

No press releases analyzed yet. Press releases are collected from GlobeNewsWire and analyzed by the LLM pipeline.

Current analyst consensus: Strong Buy (86% buy). Based on 14 analysts: 4 strong buy, 8 buy, 2 hold, 0 sell, 0 strong sell.

Analyst Price Targets

$34.63 mean target +51.9% upside Strong Buy (1.50)
$33.00 Low $36.00 High
MetricValue
Current Price$22.79
Target Low$33.00
Target Mean$34.63
Target Median$35.00
Target High$36.00
# Analysts8
RecommendationStrong Buy (1.50)

Earnings Estimates & Revisions

PeriodEPS AvgEPS LowEPS HighEPS Growth30d Rev.Up/DownRev. AvgRev. GrowthAnalysts
Current Q
2026-06-30
$0.05 $0.02 $0.08 135.9% -28.2% 1↑ 1↓ $0.1B 43.9% 3
Next Q
2026-09-30
$0.09 $0.06 $0.16 53.3% -35.8% 1↑ 2↓ $0.1B 29.9% 5
Current FY
2026-12-31
$0.24 $0.18 $0.33 288.5% -33.3% 1↑ 2↓ $0.5B 32.2% 4
Next FY
2027-12-31
$1.16 $0.79 $1.61 371.7% -9.6% 0↑ 3↓ $0.6B 29.9% 7

Current Quarter EPS Revision History

TimepointEPS EstimateChange
Current$0.047
7d ago$0.048-0.001
30d ago$0.065-0.018
60d ago$0.065-0.018
90d ago$0.105-0.058
5 analyst firms have rated this stock: 0 upgrades, 0 downgrades, 0 initiations.

Individual Analyst Actions

DateAnalyst FirmActionPrevious RatingNew Rating
May 7, 2026 Needham REITERATE Buy Buy
Mar 2, 2026 Mizuho MAINTAIN Outperform Outperform
Feb 27, 2026 Guggenheim MAINTAIN Buy Buy
Feb 26, 2026 TD Cowen MAINTAIN Buy Buy
Feb 26, 2026 HC Wainwright & Co. MAINTAIN Buy Buy
Feb 26, 2026 Needham MAINTAIN Buy Buy
Jan 26, 2026 Needham MAINTAIN Buy Buy

Monthly Consensus History

PeriodStrong BuyBuyHoldSellStrong SellBuy %Distribution
Jun 1, 20264820086%
May 1, 20264820086%
Apr 1, 20264820086%
Mar 1, 20264820086%
Feb 1, 20264820086%
Jan 1, 20264820086%
Strong BuyBuyHoldSellStrong Sell
1 members of Congress traded this stock: 1 buys, 0 sells.

Congressional Trades

DateMemberPartyChamberTypeAmountAssetDisclosed
Mar 3, 2026Gilbert CisnerosDHOUSEBUY$1,001 - $15,000ARCUTIS BIOTHERAPEUTICS INCApr 8, 2026 (37d)

No Reddit sentiment data available yet. Sentiment is analyzed from Reddit investment communities on a rolling basis.

Jun 29, 2026
fda_pdufa
PDUFA: ARQT — ZORYVE in plaque psoriasis down to 2 years of age — 2026-06-29
FDA target action date 2026-06-29 for ARQT (Arcutis Biotherapeutics, Inc.). Drug: ZORYVE. Indication: plaque psoriasis down to 2 years of age. sNDA fo
Jun 5, 2026
other
Arcutis Biotherapeutics Reports Inducement Grants Under Nasdaq Listing Rule 5635(c)(4)
<p>WESTLAKE VILLAGE, Calif., June 05, 2026 (GLOBE NEWSWIRE) -- <a href="https://www.globenewswire.com/Tracker?data=2S7dOrpOijaVAkfcpjRdFCQbupFyLbC-T
Jun 2, 2026
short_volume
Short Volume: ARQT — 69.7% short (0.8M / 1.1M)
Short: 790,545 | Exempt: 44,232 | TRF Vol: 1,134,042 | Short Ratio: 69.7% | Off-exchange volume (dark pool + OTC)
May 26, 2026
other
Arcutis Management to Present at Goldman Sachs 47th Annual Global Healthcare Conference
Arcutis today announced that management will present at the Goldman Sachs 47th Annual Global Healthcare Conference, taking place June 8-10, 2026, in M
May 14, 2026
short_volume
Short Volume: ARQT — 55.3% short (0.3M / 0.6M)
Short: 306,537 | Exempt: 2,981 | TRF Vol: 554,173 | Short Ratio: 55.3% | Off-exchange volume (dark pool + OTC)
May 8, 2026
other
Arcutis Biotherapeutics Reports Inducement Grants Under Nasdaq Listing Rule 5635(c)(4)
<p>WESTLAKE VILLAGE, Calif., May 08, 2026 (GLOBE NEWSWIRE) -- <a href="https://www.globenewswire.com/Tracker?data=E2vjsV3r-ZM7tldZH6zD_4qaTUP7AoONIu
May 8, 2026
short_volume
Short Volume: ARQT — 56.9% short (0.6M / 1.0M)
Short: 570,534 | Exempt: 16,506 | TRF Vol: 1,002,480 | Short Ratio: 56.9% | Off-exchange volume (dark pool + OTC)
May 6, 2026
earnings
Arcutis Announces First Quarter 2026 Financial Results and Provides Business Update
Arcutis today reported financial results for the quarter ended March 31, 2026, and provided a business update.
May 6, 2026
earnings_calendar
ARQT Q1 2026 Earnings Scheduled — 2026-05-06
Apr 30, 2026
short_volume
Short Volume: ARQT — 58.2% short (0.3M / 0.6M)
Short: 324,839 | Exempt: 0 | TRF Vol: 558,578 | Short Ratio: 58.2% | Off-exchange volume (dark pool + OTC)
Apr 15, 2026
earnings
Arcutis to Report First Quarter 2026 Financial Results and Host Conference Call on May 6, 2026
Arcutis today announced that it will report its Q1 2026 financial results and provide a business update on May 6, 2026 after the U.S. markets close.
Mar 31, 2026
other
Arcutis Management to Present at the 25th Annual Needham Virtual Healthcare Conference
Arcutis today announced that Arcutis management will present at the 25th Annual Needham Virtual Healthcare Conference, taking place April 13-16, 2026.
Mar 28, 2026
fda
Arcutis Presents New Phase 2 Results in Infants with Atopic Dermatitis in Late-Breaking Session Today at the 2026 American Academy of Dermatology Annual Meeting
Arcutis Presents New Phase 2 Results in Infants with Atopic Dermatitis in Late-Breaking Session Today at 2026 AAD
Feb 25, 2026
earnings_calendar
ARQT Q4 2025 Earnings After Market Close — 2026-02-25
Feb 24, 2026
Clinical Trial
A 52-week, Placebo- and Active- Controlled (Roflumilast, Daliresp® 500µg) Study to Evaluate the Efficacy and Safety of Two Doses of CHF6001 DPI (Tanimilast) as add-on to Maintenance Triple Therapy in Subjects With COPD and Chronic Bronchitis. (PILLAR)
Phase Phase 3 — TERMINATED