(RCUS) Arcus Biosciences - Overview

Exchange: NYSE • Country: United States • Currency: USD • Type: Common Stock • ISIN: US03969F1093

Stock: Cancer, Antibody, Inhibitor, Clinical, Pipeline

Total Rating 42
Risk 35
Buy Signal -0.39

EPS (Earnings per Share)

EPS (Earnings per Share) of RCUS over the last years for every Quarter: "2020-12": -0.82, "2021-03": -1.08, "2021-06": -1.09, "2021-09": -1.11, "2021-12": 3.71, "2022-03": -0.96, "2022-06": -0.93, "2022-09": -0.9, "2022-12": -0.93, "2023-03": -1.09, "2023-06": -1.04, "2023-09": -0.94, "2023-12": -1.08, "2024-03": -0.05, "2024-06": -1.02, "2024-09": -1, "2024-12": -1.03, "2025-03": -1.14, "2025-06": 0, "2025-09": -1.27, "2025-12": 0,

Revenue

Revenue of RCUS over the last years for every Quarter: 2020-12: 9.487, 2021-03: 9.461, 2021-06: 9.461, 2021-09: 9.461, 2021-12: 354.499, 2022-03: 18, 2022-06: 27, 2022-09: 33, 2022-12: 33.655, 2023-03: 25, 2023-06: 29, 2023-09: 32, 2023-12: 31, 2024-03: 145, 2024-06: 39, 2024-09: 48, 2024-12: 26, 2025-03: 28, 2025-06: 160, 2025-09: 26, 2025-12: null,
Risk 5d forecast
Volatility 62.7%
Relative Tail Risk -6.54%
Reward TTM
Sharpe Ratio 1.06
Alpha 42.18
Character TTM
Beta 1.379
Beta Downside 1.034
Drawdowns 3y
Max DD 70.82%
CAGR/Max DD 0.03

Description: RCUS Arcus Biosciences January 20, 2026

Arcus Biosciences (NYSE:RCUS) is a clinical-stage biopharma focused on developing and eventually commercializing oncology therapeutics in the United States. Incorporated in 2015 and headquartered in Hayward, California, the firm operates under a common-stock structure within the Biotechnology sub-industry.

The company’s lead assets include Casdatifan, a HIF-2α inhibitor targeting renal cell carcinoma, and Domvanalimab, an anti-TIGIT antibody currently in Phase 2 (lung cancer) and Phase 3 (gastro-intestinal cancers) trials. Additional candidates span the adenosine-axis (Quemliclustat, Etrumadenant), checkpoint inhibition (Zimberelimab), CD39 targeting (AB598), and AXL inhibition (AB801), with trial phases ranging from Phase 1 to Phase 3 across lung, pancreatic, colorectal, and renal indications.

Arcus has secured strategic collaborations that de-risk development costs: a partnership with AstraZeneca supports the Phase 3 PACIFIC-8 trial (Domvanalimab + Durvalumab in Stage 3 NSCLC) and a Phase 1/1b study of Casdatifan + Volrustomig in treatment-naïve clear-cell RCC; BVF Partners backs discovery programs for inflammatory diseases. As of the latest 10-Q, the company reported a cash runway of roughly $150 million, with a quarterly burn rate of ≈ $30 million, implying ~5 quarters of liquidity absent additional financing.

Sector-level drivers that could influence Arcus’s valuation include the rapid growth of immuno-oncology (global market projected to exceed $150 billion by 2028) and a rising investor appetite for niche checkpoint targets such as TIGIT and CD39. However, the company’s valuation remains highly sensitive to trial readouts; a positive Phase 3 result for Domvanalimab could materially lift the market cap, while any delay or negative outcome would likely compress it.

For a deeper, data-driven assessment of RCUS’s risk-adjusted upside, you may find the analytics on ValueRay worth exploring.

Piotroski VR‑10 (Strict, 0-10) 0.5

Net Income: -349.0m TTM > 0 and > 6% of Revenue
FCF/TA: -0.48 > 0.02 and ΔFCF/TA -34.14 > 1.0
NWC/Revenue: 259.2% < 20% (prev 346.8%; Δ -87.60% < -1%)
CFO/TA -0.47 > 3% & CFO -462.0m > Net Income -349.0m
Net Debt/EBITDA: error (EBITDA <= 0)
Current Ratio: 3.65 > 1.5 & < 3
Outstanding Shares: last quarter (106.5m) vs 12m ago 16.52% < -2%
Gross Margin: error (current vs previous; cannot be calculated due to missing/invalid data or negative margin)
Asset Turnover: 21.56% > 50% (prev 21.01%; Δ 0.56% > 0%)
Interest Coverage Ratio: -41.62 > 6 (EBITDA TTM -323.0m / Interest Expense TTM 8.00m)

Altman Z'' -1.59

A: 0.64 (Total Current Assets 857.0m - Total Current Liabilities 235.0m) / Total Assets 974.0m
B: -1.42 (Retained Earnings -1.38b / Total Assets 974.0m)
C: -0.30 (EBIT TTM -333.0m / Avg Total Assets 1.11b)
D: 0.81 (Book Value of Equity 436.0m / Total Liabilities 538.0m)
Altman-Z'' Score: -1.59 = D

Beneish M -3.05

DSRI: 0.73 (Receivables 14.0m/21.0m, Revenue 240.0m/263.0m)
GMI: 0.99 (GM 97.08% / 96.20%)
AQI: 1.25 (AQ_t 0.08 / AQ_t-1 0.06)
SGI: 0.91 (Revenue 240.0m / 263.0m)
TATA: 0.12 (NI -349.0m - CFO -462.0m) / TA 974.0m)
Beneish M-Score: -3.05 (Cap -4..+1) = AA

What is the price of RCUS shares?

As of February 10, 2026, the stock is trading at USD 21.13 with a total of 569,426 shares traded.
Over the past week, the price has changed by -2.45%, over one month by +0.57%, over three months by +8.58% and over the past year by +69.72%.

Is RCUS a buy, sell or hold?

Arcus Biosciences has received a consensus analysts rating of 4.46. Therefore, it is recommended to buy RCUS.
  • StrongBuy: 8
  • Buy: 3
  • Hold: 2
  • Sell: 0
  • StrongSell: 0

What are the forecasts/targets for the RCUS price?

Issuer Target Up/Down from current
Wallstreet Target Price 33 56.2%
Analysts Target Price 33 56.2%
ValueRay Target Price 23.3 10%

RCUS Fundamental Data Overview February 03, 2026

P/S = 10.8469
P/B = 6.1836
Revenue TTM = 240.0m USD
EBIT TTM = -333.0m USD
EBITDA TTM = -323.0m USD
Long Term Debt = 98.0m USD (from longTermDebt, last quarter)
Short Term Debt = 13.0m USD (from shortTermDebt, last quarter)
Debt = 111.0m USD (from shortLongTermDebtTotal, last quarter)
Net Debt = -127.0m USD (from netDebt column, last quarter)
Enterprise Value = 1.88b USD (2.60b + Debt 111.0m - CCE 831.0m)
Interest Coverage Ratio = -41.62 (Ebit TTM -333.0m / Interest Expense TTM 8.00m)
EV/FCF = -4.06x (Enterprise Value 1.88b / FCF TTM -464.0m)
FCF Yield = -24.64% (FCF TTM -464.0m / Enterprise Value 1.88b)
FCF Margin = -193.3% (FCF TTM -464.0m / Revenue TTM 240.0m)
Net Margin = -145.4% (Net Income TTM -349.0m / Revenue TTM 240.0m)
Gross Margin = unknown ((Revenue TTM 240.0m - Cost of Revenue TTM 7.00m) / Revenue TTM)
Tobins Q-Ratio = 1.93 (Enterprise Value 1.88b / Total Assets 974.0m)
Interest Expense / Debt = 2.70% (Interest Expense 3.00m / Debt 111.0m)
Taxrate = 21.0% (US default 21%)
NOPAT = -263.1m (EBIT -333.0m * (1 - 21.00%)) [loss with tax shield]
Current Ratio = 3.65 (Total Current Assets 857.0m / Total Current Liabilities 235.0m)
Debt / Equity = 0.25 (Debt 111.0m / totalStockholderEquity, last quarter 436.0m)
Debt / EBITDA = 0.39 (negative EBITDA) (Net Debt -127.0m / EBITDA -323.0m)
Debt / FCF = 0.27 (negative FCF - burning cash) (Net Debt -127.0m / FCF TTM -464.0m)
Total Stockholder Equity = 500.2m (last 4 quarters mean from totalStockholderEquity)
RoA = -31.36% (Net Income -349.0m / Total Assets 974.0m)
RoE = -69.77% (Net Income TTM -349.0m / Total Stockholder Equity 500.2m)
RoCE = -55.66% (EBIT -333.0m / Capital Employed (Equity 500.2m + L.T.Debt 98.0m))
RoIC = -45.91% (negative operating profit) (NOPAT -263.1m / Invested Capital 573.0m)
WACC = 10.64% (E(2.60b)/V(2.71b) * Re(11.0%) + D(111.0m)/V(2.71b) * Rd(2.70%) * (1-Tc(0.21)))
Discount Rate = 11.0% (= CAPM, Blume Beta Adj.)
Shares Correlation 3-Years: 100.0 | Cagr: 19.16%
Fair Price DCF = unknown (Cash Flow -464.0m)
EPS Correlation: 35.99 | EPS CAGR: 38.07% | SUE: 2.48 | # QB: 1
Revenue Correlation: 1.64 | Revenue CAGR: -50.18% | SUE: 0.11 | # QB: 0
EPS next Quarter (2026-03-31): EPS=-1.01 | Chg30d=+0.000 | Revisions Net=-1 | Analysts=3
EPS next Year (2026-12-31): EPS=-3.85 | Chg30d=+0.015 | Revisions Net=+2 | Growth EPS=-10.1% | Growth Revenue=-54.5%

Additional Sources for RCUS Stock

News: Wall Street Journal | Benzinga | Yahoo Finance
Fund Manager Positions: Dataroma | Stockcircle