(RCUS) Arcus Biosciences - Ratings and Ratios

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

Cancer, Immunotherapy, Small-Molecule, Antibody

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,

Dividends

Currently no dividends paid
Risk via 5d forecast
Volatility 72.0%
Value at Risk 5%th 109%
Relative Tail Risk -7.74%
Reward TTM
Sharpe Ratio 1.15
Alpha 50.94
CAGR/Max DD 0.08
Character TTM
Hurst Exponent 0.418
Beta 1.326
Beta Downside 1.081
Drawdowns 3y
Max DD 70.82%
Mean DD 32.49%
Median DD 30.44%

Description: RCUS Arcus Biosciences November 17, 2025

Arcus Biosciences (NYSE:RCUS) is a clinical-stage biopharma focused on oncology immunotherapies in the United States. Its lead assets include Casdatifan (a HIF-2α inhibitor for renal cell carcinoma) and Domvanalimab (an anti-TIGIT antibody currently in Phase 2/3 trials for lung and gastrointestinal cancers). The pipeline also contains Quemliclustat (CD73 inhibitor in Phase 3 for lung cancer and Phase 1/1b for pancreatic cancer), Etrumadenant (dual A2a/A2b adenosine-receptor antagonist in Phase 2 for colorectal cancer), Zimberelimab (anti-PD-1), AB598 (CD39 antibody in Phase 1/1b for GI cancers) and AB801 (AXL inhibitor in Phase 1b for lung cancer). Arcus collaborates with AstraZeneca on the Phase 3 PACIFIC-8 trial (Domvanalimab + Durvalumab in Stage 3 NSCLC) and on a Phase 1/1b study of Casdatifan + Volrustomig in treatment-naïve clear-cell RCC, and partners with BVF Partners for inflammatory-disease programs.

As of the latest 10-Q (Q3 2024), Arcus reported cash and cash equivalents of roughly $210 million, giving it an estimated 18-month runway at current burn rates. The company’s market capitalization sits near $1.2 billion, reflecting a modest premium to peers despite the early-stage nature of its assets. Industry-wide, immuno-oncology R&D spend grew ~9 % YoY in 2023, and the global HIF-2α inhibitor market is projected to exceed $1 billion by 2028, providing a favorable macro backdrop for Casdatifan’s target indication.

If you want a deeper, data-driven look at Arcus’s valuation dynamics and how its pipeline risk-adjusted returns compare to sector averages, the ValueRay platform offers a transparent, model-backed analysis worth exploring.

Piotroski VR‑10 (Strict, 0-10) 1.5

Net Income (-349.0m TTM) > 0 and > 6% of Revenue (6% = 14.4m TTM)
FCFTA -0.48 (>2.0%) and ΔFCFTA -34.14pp (YES ≥ +1.0pp, WARN ≥ +0.5pp)
NWC/Revenue 259.2% (prev 346.8%; Δ -87.60pp) (YES ≤20% & Δ≤-1pp; WARN ≤25% & Δ≤0 oder ≤40% & Δ≤-3pp)
CFO/TA -0.47 (>3.0%) and CFO -462.0m <= Net Income -349.0m (YES >=105%, WARN >=100%)
NO Net Debt/EBITDA fails (EBITDA <= 0)
Current Ratio 3.65 (target 1.5–3.0; WARN 1.2–<1.5 or >3.0–5.0; CFO/TA gate active)
Outstanding Shares last Quarter (106.5m) change vs 12m ago 16.52% (target <= -2.0% for YES)
Gross Margin 97.08% (prev 96.20%; Δ 0.89pp) >=18% & Δ>=+0.5pp (WARN >=15% & Δ>=0)
Asset Turnover 21.56% (prev 21.01%; Δ 0.56pp) >=50% & Δ>=+2pp (WARN >=35% & Δ>=0)
Interest Coverage Ratio -41.62 (EBITDA TTM -323.0m / Interest Expense TTM 8.00m) >= 6 (WARN >= 3)

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 (Balance) -1.38b / Total Assets 974.0m
warn (B) unusual magnitude: -1.42 — check mapping/units
(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
Total Rating: -1.59 = (6.56 * A) + (3.26 * B) + (6.72 * C) + (1.05 * D)

ValueRay F-Score (Strict, 0-100) 33.27

1. Piotroski 1.50pt
2. FCF Yield -24.69%
3. FCF Margin data missing
4. Debt/Equity 0.25
5. Debt/Ebitda 0.39
6. ROIC - WACC (= -56.36)%
7. RoE -69.77%
8. Rev. Trend 1.64%
9. EPS Trend 35.99%

What is the price of RCUS shares?

As of January 15, 2026, the stock is trading at USD 24.56 with a total of 2,093,393 shares traded.
Over the past week, the price has changed by +5.86%, over one month by +12.09%, over three months by +57.23% and over the past year by +77.71%.

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.
  • Strong Buy: 8
  • Buy: 3
  • Hold: 2
  • Sell: 0
  • Strong Sell: 0

What are the forecasts/targets for the RCUS price?

Issuer Target Up/Down from current
Wallstreet Target Price 31.8 29.5%
Analysts Target Price 31.8 29.5%
ValueRay Target Price 29 17.9%

RCUS Fundamental Data Overview January 12, 2026

P/S = 10.8314
P/B = 5.9622
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 = -4.05x (Enterprise Value 1.88b / FCF TTM -464.0m)
FCF Yield = -24.69% (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 = 97.08% ((Revenue TTM 240.0m - Cost of Revenue TTM 7.00m) / Revenue TTM)
Gross Margin QoQ = 92.31% (prev 98.75%)
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 = 10.45% (E(2.60b)/V(2.71b) * Re(10.80%) + D(111.0m)/V(2.71b) * Rd(2.70%) * (1-Tc(0.21)))
Discount Rate = 10.80% (= 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=+0.043 | Revisions Net=-1 | Analysts=3
EPS next Year (2026-12-31): EPS=-3.85 | Chg30d=+0.134 | Revisions Net=+1 | Growth EPS=-10.1% | Growth Revenue=-53.2%

Additional Sources for RCUS Stock

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