Arcutis Biotherapeutics Analyst Price Targets

Wall Street analyst price targets and consensus rating for Arcutis Biotherapeutics (ARQT).

Price Target Range — 12 Quarters

Analyst Consensus — 9 Analysts

7Buy

2Hold

Consensus RatingBuy# Analysts9Avg. Consensus PT$29Upside to Avg. PT+7.8%

Rating Trend — Last 9 Months

Recent Analyst Actions

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Date	Firm	Analyst	Action	Rating Change	Price Target
Aug 6, 2026	Morgan Stanley	Vikram Purohit	PT Raise	Overweight	$34→$38
Aug 6, 2026	Guggenheim	Seamus Fernandez	PT Raise	Buy	$35→$38
Aug 6, 2026	Needham	Serge Belanger	PT Raise	Buy	$36→$40
May 7, 2026	Needham	Serge Belanger	Maintained	Buy	$36
Mar 2, 2026	Mizuho	Uy Ear	PT Cut	Outperform	$37→$35
Feb 27, 2026	Guggenheim	Seamus Fernandez	PT Raise	Buy	$34→$35
Feb 26, 2026	TD Cowen	Tyler Van Buren	PT Raise	Buy	$30→$35
Feb 26, 2026	HC Wainwright & Co.	Douglas Tsao	PT Raise	Buy	$30→$34
Feb 26, 2026	Needham	Serge Belanger	PT Raise	Buy	$31→$36
Jan 26, 2026	Needham	Serge Belanger	PT Raise	Buy	$30→$31
Nov 28, 2025	Mizuho	Uy Ear	PT Raise	Outperform	$32→$37
Oct 30, 2025	Goldman Sachs	Richard Law	PT Raise	Neutral	$19→$29
Oct 28, 2025	Needham	Serge Belanger	PT Raise	Buy	$22→$30
Aug 7, 2025	Needham	Serge Belanger	PT Raise	Buy	$20→$22
Jul 25, 2025	Goldman Sachs	Richard Law	Initiate	Neutral	$18
May 23, 2025	Needham	Serge Belanger	Maintained	Buy	$20
Apr 9, 2025	Needham	Serge Belanger	Maintained	Buy	$20
Apr 3, 2025	Guggenheim	Seamus Fernandez	Maintained	Buy	—
Apr 3, 2025	HC Wainwright & Co.	Douglas Tsao	Maintained	Buy	$19
Apr 3, 2025	Needham	Serge Belanger	Maintained	Buy	$20

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Analyst Ratings News

PRO
Morgan Stanley Maintains Overweight on Arcutis Biotherapeutics, Raises Price Target to $38

Morgan Stanley analyst Vikram Purohit maintains Arcutis Biotherapeutics (NASDAQ:ARQT) with a Overweight and raises the price target from $34 to $38.

Benzinga Newsdesk

PRO
Guggenheim Maintains Buy on Arcutis Biotherapeutics, Raises Price Target to $38

Guggenheim analyst Seamus Fernandez maintains Arcutis Biotherapeutics (NASDAQ:ARQT) with a Buy and raises the price target from $35 to $38.

Benzinga Newsdesk

PRO
Needham Maintains Buy on Arcutis Biotherapeutics, Raises Price Target to $40

Needham analyst Serge Belanger maintains Arcutis Biotherapeutics (NASDAQ:ARQT) with a Buy and raises the price target from $36 to $40.

Benzinga Newsdesk

PRO
Needham Reiterates Buy on Arcutis Biotherapeutics, Maintains $36 Price Target

Needham analyst Serge Belanger reiterates Arcutis Biotherapeutics (NASDAQ:ARQT) with a Buy and maintains $36 price target.

Benzinga Newsdesk

PRO
Mizuho Maintains Outperform on Arcutis Biotherapeutics, Lowers Price Target to $35

Mizuho analyst Uy Ear maintains Arcutis Biotherapeutics (NASDAQ:ARQT) with a Outperform and lowers the price target from $37 to $35.

Benzinga Newsdesk

PRO
Guggenheim Maintains Buy on Arcutis Biotherapeutics, Raises Price Target to $35

Guggenheim analyst Seamus Fernandez maintains Arcutis Biotherapeutics (NASDAQ:ARQT) with a Buy and raises the price target from $34 to $35.

Benzinga Newsdesk

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Arcutis Biotherapeutics Analyst Price Targets

Recent Analyst Actions

Analyst Ratings News

PRO
Morgan Stanley Maintains Overweight on Arcutis Biotherapeutics, Raises Price Target to $38

PRO
Guggenheim Maintains Buy on Arcutis Biotherapeutics, Raises Price Target to $38

PRO
Needham Maintains Buy on Arcutis Biotherapeutics, Raises Price Target to $40

PRO
Needham Reiterates Buy on Arcutis Biotherapeutics, Maintains $36 Price Target

PRO
Mizuho Maintains Outperform on Arcutis Biotherapeutics, Lowers Price Target to $35

PRO
Guggenheim Maintains Buy on Arcutis Biotherapeutics, Raises Price Target to $35

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Arcutis Biotherapeutics Analyst Price Targets

Recent Analyst Actions

Analyst Ratings News

PROMorgan Stanley Maintains Overweight on Arcutis Biotherapeutics, Raises Price Target to $38

PROGuggenheim Maintains Buy on Arcutis Biotherapeutics, Raises Price Target to $38

PRONeedham Maintains Buy on Arcutis Biotherapeutics, Raises Price Target to $40

PRONeedham Reiterates Buy on Arcutis Biotherapeutics, Maintains $36 Price Target

PROMizuho Maintains Outperform on Arcutis Biotherapeutics, Lowers Price Target to $35

PROGuggenheim Maintains Buy on Arcutis Biotherapeutics, Raises Price Target to $35

People Also Watch

People Also Watch

PRO
Morgan Stanley Maintains Overweight on Arcutis Biotherapeutics, Raises Price Target to $38

PRO
Guggenheim Maintains Buy on Arcutis Biotherapeutics, Raises Price Target to $38

PRO
Needham Maintains Buy on Arcutis Biotherapeutics, Raises Price Target to $40

PRO
Needham Reiterates Buy on Arcutis Biotherapeutics, Maintains $36 Price Target

PRO
Mizuho Maintains Outperform on Arcutis Biotherapeutics, Lowers Price Target to $35

PRO
Guggenheim Maintains Buy on Arcutis Biotherapeutics, Raises Price Target to $35