Stock Track | Arcutis Biotherapeutics Soars 5.78% in Pre-Market on Analyst Upgrades Following Strong Earnings

Stock Track19:38

Arcutis Biotherapeutics Inc. (ARQT) saw its stock price soar 5.78% in pre-market trading on Thursday.

The movement follows the company's release of strong fourth quarter and full year 2025 financial results after-hours the previous day. Arcutis reported a significant swing to profitability, with Q4 earnings beating analyst estimates. Revenue for the quarter showed an 81.5% year-over-year increase, driven by robust demand for the company's ZORYVE product. The company also raised its full-year 2026 net product revenue guidance.

The positive earnings report prompted multiple analyst firms to raise their price targets on the stock in pre-market trading, including upgrades from H.C. Wainwright, Morgan Stanley, and TD Cowen, contributing to the bullish sentiment.

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