RCUS stock icon

Arcus Biosciences

17.74 USD
+0.27
1.55%
At close Oct 9, 4:00 PM EDT
1 day
1.55%
5 days
16.79%
1 month
8.77%
3 months
25.99%
6 months
1.66%
Year to date
-9.86%
1 year
8.10%
5 years
122.58%
 

About: Arcus Biosciences Inc is a clinical-stage biopharmaceutical company. It develops immunotherapies for the treatment of cancer. The company focuses on an ATP-adenosine pathway, which is a key driver of immunosuppression in the tumor microenvironment to create and optimize differentiated small-molecule immuno-oncology product candidates. Its product pipeline includes Domvanalimab, Etrumadenant, AB598, Casdatifan among others. Arcus conducts clinical trials for different types of cancers such as Lung, Colorectal, Pancreatic, and others. The company operates through a single segment which is the business of developing and commercializing immunotherapies.

Employees: 577

0
Funds holding %
of 6,740 funds
0
Analysts bullish %
of 4 analysts

Fund manager confidence

Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)

105% more first-time investments, than exits

New positions opened: 43 | Existing positions closed: 21

55% more call options, than puts

Call options by funds: $3.58M | Put options by funds: $2.31M

13% more funds holding

Funds holding: 170 [Q1] → 192 (+22) [Q2]

2% more repeat investments, than reductions

Existing positions increased: 63 | Existing positions reduced: 62

0% more funds holding in top 10

Funds holding in top 10: 2 [Q1] → 2 (+0) [Q2]

1.9% less ownership

Funds ownership: 59.02% [Q1] → 57.12% (-1.9%) [Q2]

22% less capital invested

Capital invested by funds: $1.01B [Q1] → $791M (-$221M) [Q2]

Research analyst outlook

4 Wall Street Analysts provided 1 year price targets over the past 3 months

Low target
$23
30%
upside
Avg. target
$28
58%
upside
High target
$30
69%
upside

4 analyst ratings

positive
75%
neutral
25%
negative
0%
Wells Fargo
Eva Fortea Verdejo
0 / 0 met price target
63%upside
$29
Overweight
Initiated
8 Oct 2024
Wedbush
Robert Driscoll
52% 1-year accuracy
28 / 54 met price target
69%upside
$30
Outperform
Reiterated
3 Oct 2024
Wedbush
Robert Driscoll
52% 1-year accuracy
28 / 54 met price target
69%upside
$30
Outperform
Reiterated
9 Aug 2024
B of A Securities
Jason Zemansky
73% 1-year accuracy
8 / 11 met price target
30%upside
$23
Neutral
Maintained
9 Aug 2024

Financial journalist opinion

Based on 6 articles about RCUS published over the past 30 days

Charts implemented using Lightweight Charts™