16 Most Promising Stocks According to Wall Street Analysts

11. Arcutis Biotherapeutics Inc. (NASDAQ:ARQT)

Number of Hedge Fund Holders: 41

Average Upside Potential as of July 7: 51.23%

Arcutis Biotherapeutics Inc. (NASDAQ:ARQT) is one of the most promising stocks according to Wall Street analysts. On June 26, Arcutis Biotherapeutics Inc. announced that ZORYVE (roflumilast) cream 0.15% received a strong recommendation in the American Academy of Dermatology’s/AAD’s focused guideline update for the management of adult atopic dermatitis/AD.

This recommendation highlights ZORYVE’s proven efficacy, safety, and tolerability as a next-gen and steroid-free topical phosphodiesterase-4 (PDE4) inhibitor. Among newly evaluated branded topical therapies, ZORYVE is the only one with a strong recommendation for adults with mild to moderate AD in this updated guideline. It’s the first FDA-approved branded topical PDE4 inhibitor specifically indicated for mild to moderate atopic dermatitis in patients 6 years of age and older.

Atopic dermatitis is the most common type of eczema and affects ~16.5 million adults and 9.6 million children in the US. The AAD’s strong recommendation guides clinicians and patients toward treatments that offer clinically meaningful improvements in disease severity while being safe and well-tolerated for long-term use. The update integrates newly FDA-approved topical and biologic therapies into existing guidelines.

Arcutis Biotherapeutics Inc. (NASDAQ:ARQT) is a biopharmaceutical company that develops and commercializes treatments for dermatological diseases.