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Arcus Biosciences, Inc. (RCUS)

Healthcare | Biotechnology | Hayward, United States | NYSE
23.80 USD +0.50 (2.146%) ⇧ (June 12, 2026, 4 p.m. EDT)
After hours: 23.80

Short-term:★★☆☆☆Long-term:★★⯪☆☆Dividends:☆☆☆☆☆
Hot Take | June 12, 2026, 8:41 p.m. EDT

The investment case for this biotech stock is currently defined by a stark tension between deteriorating fundamentals and a resilient balance sheet. While the company holds a substantial cash reserve relative to its debt, providing a safety net, its core business metrics are concerning, with revenue contracting sharply and profitability deeply negative. The long-term outlook remains neutral given these headwinds, though the stock price has rallied significantly from its 2025 lows, implying the market prices in a future catalyst. For the short term, the options market is pricing in fear, with put premiums far exceeding call premiums, and technicals showing weakness as the price trades below its fifty-day average. Investors should view this as a speculative hold rather than a conviction buy, waiting for clearer signs of revenue stabilization before increasing exposure.

Model Selection — Backtest MAE (log-scale, lower is better)
ModelMAE
MSTL ✓0.058141
AutoETS0.060808
AutoARIMA0.060809
AutoTheta0.061403
MSTL_790.070609
MSTL_1050.082653
MSTL_79_1050.096399

Forecast horizon: 60 days | Selected: MSTL

Forecast Reliability
Score 40%
H-stat 0.10
Ljung-Box p 0.000
Jarque-Bera p 0.395
Excess Kurtosis -0.64
Attribute Value
Sector Healthcare
Debt to Equity Ratio 21.565
Revenue per Share 2.067
Market Cap 2,993,401,088
Forward P/E -7.67
Beta 0.84
Profit Margins -156.36%
Website https://arcusbio.com

As of June 12, 2026, 8:41 p.m. EDT: Speculators are positioning defensively for a near-term decline, evidenced by significantly higher implied volatility on June 2026 puts compared to calls and heavy open interest on out-of-the-money puts at the $20 strike. Conversely, longer-dated calls show interest at the $35 strike, suggesting a bullish view on a potential recovery to higher levels eventually, though the immediate sentiment is skewed toward downside protection.


Info Dump

Attribute Value
52 Week Change 1.6182618
Address1 3,928 Point Eden Way
All Time High 49.1
All Time Low 6.3
Ask 24.2
Ask Size 400
Audit Risk 7
Average Analyst Rating 1.5 - Strong Buy
Average Daily Volume10 Day 1,221,000
Average Daily Volume3 Month 1,163,369
Average Volume 1,163,369
Average Volume10Days 1,221,000
Beta 0.837
Bid 23.68
Bid Size 400
Board Risk 10
Book Value 4.175
City Hayward
Compensation As Of Epoch Date 1,767,139,200
Compensation Risk 9
Country United States
Crypto Tradeable 0
Currency USD
Current Price 23.8
Current Ratio 4.038
Custom Price Alert Confidence HIGH
Date Short Interest 1,780,012,800
Day High 24.105
Day Low 23.29
Debt To Equity 21.565
Display Name Arcus Biosciences
Earnings Call Timestamp End 1,778,013,000
Earnings Call Timestamp Start 1,778,013,000
Earnings Timestamp 1,778,011,200
Earnings Timestamp End 1,785,960,000
Earnings Timestamp Start 1,785,960,000
Ebitda -389,000,000
Ebitda Margins -1.64831
Enterprise To Ebitda -5.872
Enterprise To Revenue 9.68
Enterprise Value 2,284,401,152
Eps Current Year -3.48286
Eps Forward -3.10286
Eps Trailing Twelve Months -3.17
Esg Populated 0
Exchange NYQ
Exchange Data Delayed By 0
Exchange Timezone Name America/New_York
Exchange Timezone Short Name EDT
Fifty Day Average 24.1392
Fifty Day Average Change -0.33920097
Fifty Day Average Change Percent -0.014051873
Fifty Two Week Change Percent 161.82619
Fifty Two Week High 28.72
Fifty Two Week High Change -4.92
Fifty Two Week High Change Percent -0.1713092
Fifty Two Week Low 7.91
Fifty Two Week Low Change 15.889999
Fifty Two Week Low Change Percent 2.0088496
Fifty Two Week Range 7.91 - 28.72
Financial Currency USD
First Trade Date Milliseconds 1,521,120,600,000
Float Shares 89,109,028
Forward Eps -3.10286
Forward P E -7.6703424
Free Cashflow -156,000,000
Full Exchange Name NYSE
Full Time Employees 601
Gmt Off Set Milliseconds -14,400,000
Governance Epoch Date 1,780,531,200
Gross Margins -1.2161
Gross Profits -287,000,000
Has Pre Post Market Data 1
Held Percent Insiders 0.29127002
Held Percent Institutions 0.72413003
Implied Shares Outstanding 125,773,162
Industry Biotechnology
Industry Disp Biotechnology
Industry Key biotechnology
Is Earnings Date Estimate 1
Language en-US
Last Fiscal Year End 1,767,139,200
Long Business Summary Arcus Biosciences, Inc., a clinical-stage biopharmaceutical company, develops and commercializes cancer therapies in the United States. The company's development product portfolio includes Casdatifan, a HIF-2a inhibitor for the treatment of kidney cancer; Domvanalimab, an anti-TIGIT antibody, which is in Phase 2 and Phase 3 clinical trial for lung and gastrointestinal cancers; and Zimberelimab, an anti-PD-1 antibody. It also develops Quemliclustat, a small molecule inhibitor that targets the CD73 enzyme in the ATP-adenosine pathway, which is in phase 3 and phase 1/1b clinical trial for lung and pancreatic cancer. In addition, the company develops AB598, a CD39 antibody, which is in phase 1/1b clinical study for gastrointestinal cancer and AB801, an AXL inhibitor, which is in Phase 1b clinical trial for lung cancer. It has clinical collaboration with AstraZeneca for the Phase 3 PACIFIC-8 trial evaluating domvanalimab and durvalumab in Stage 3 NSCLC and for a Phase 1/1b study evaluating casdatifan and volrustomig in IO-naive patients with ccRCC; BVF Partners L.P. to support the discovery and development of compounds for the treatment of inflammatory diseases; and Bristol-Myers Squibb Company to develop a novel treatment regimen that delivers tumor control in kidney cancer. Arcus Biosciences, Inc. was incorporated in 2015 and is based in Hayward, California.
Long Name Arcus Biosciences, Inc.
Market us_market
Market Cap 2,993,401,088
Market State POSTPOST
Max Age 86,400
Message Board Id finmb_325435188
Most Recent Quarter 1,774,915,200
Net Income To Common -369,000,000
Next Fiscal Year End 1,798,675,200
Non Diluted Market Cap 2,993,401,255
Number Of Analyst Opinions 12
Open 23.5
Operating Cashflow -488,000,000
Operating Margins -7.88235
Overall Risk 9
Payout Ratio 0.0
Phone 510 694 6200
Post Market Change 0.0
Post Market Change Percent 0.0
Post Market Price 23.8
Post Market Time 1,781,308,505
Previous Close 23.3
Price Eps Current Year -6.833464
Price Hint 2
Price To Book 5.7005982
Price To Sales Trailing12 Months 12.683903
Profit Margins -1.56356
Quick Ratio 3.967
Quote Source Name Delayed Quote
Quote Type EQUITY
Recommendation Key strong_buy
Recommendation Mean 1.46154
Region US
Regular Market Change 0.5
Regular Market Change Percent 2.14592
Regular Market Day High 24.105
Regular Market Day Low 23.29
Regular Market Day Range 23.29 - 24.105
Regular Market Open 23.5
Regular Market Previous Close 23.3
Regular Market Price 23.8
Regular Market Time 1,781,294,402
Regular Market Volume 1,233,043
Return On Assets -0.23107
Return On Equity -0.69953
Revenue Growth -0.393
Revenue Per Share 2.067
Sand P52 Week Change 0.23177934
Sector Healthcare
Sector Disp Healthcare
Sector Key healthcare
Share Holder Rights Risk 8
Shares Outstanding 125,773,162
Shares Percent Shares Out 0.093100004
Shares Short 11,708,210
Shares Short Previous Month Date 1,777,507,200
Shares Short Prior Month 10,877,577
Short Name Arcus Biosciences, Inc.
Short Percent Of Float 0.1532
Short Ratio 12.08
Source Interval 15
State CA
Symbol RCUS
Target High Price 47.0
Target Low Price 22.0
Target Mean Price 35.75
Target Median Price 34.5
Total Cash 822,000,000
Total Cash Per Share 6.536
Total Debt 113,000,000
Total Revenue 236,000,000
Tradeable 0
Trailing Annual Dividend Rate 0.0
Trailing Annual Dividend Yield 0.0
Trailing Eps -3.17
Trailing Peg Ratio None
Triggerable 1
Two Hundred Day Average 20.68575
Two Hundred Day Average Change 3.1142502
Two Hundred Day Average Change Percent 0.15055051
Type Disp Equity
Volume 1,233,043
Website https://arcusbio.com
Zip 94,545