Arcus BiosciencesRCUS
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
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
72% more call options, than puts
Call options by funds: $3.79M | Put options by funds: $2.2M
2% more capital invested
Capital invested by funds: $798M [Q2] → $814M (+$16.4M) [Q3]
0.62% more ownership
Funds ownership: 57.62% [Q2] → 58.24% (+0.62%) [Q3]
0% more funds holding in top 10
Funds holding in top 10: 2 [Q2] → 2 (+0) [Q3]
4% less repeat investments, than reductions
Existing positions increased: 67 | Existing positions reduced: 70
4% less funds holding
Funds holding: 193 [Q2] → 185 (-8) [Q3]
27% less first-time investments, than exits
New positions opened: 22 | Existing positions closed: 30
Research analyst outlook
4 Wall Street Analysts provided 1 year price targets over the past 3 months
4 analyst ratings
HC Wainwright & Co. Emily Bodnar 17% 1-year accuracy 26 / 150 met price target | 29%upside $20 | Neutral Reiterated | 6 Nov 2024 |
Barclays Peter Lawson 12% 1-year accuracy 3 / 26 met price target | 87%upside $29 | Overweight Maintained | 25 Oct 2024 |
Wells Fargo Eva Fortea Verdejo 40% 1-year accuracy 2 / 5 met price target | 87%upside $29 | Overweight Initiated | 8 Oct 2024 |
Wedbush Robert Driscoll 20% 1-year accuracy 13 / 65 met price target | 94%upside $30 | Outperform Reiterated | 3 Oct 2024 |
Financial journalist opinion
Based on 3 articles about RCUS published over the past 30 days