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Healthcare - Biotechnology - NASDAQ - US
$ 3.85
-1.79 %
$ 414 M
Market Cap
-3.35
P/E
1. INTRINSIC VALUE

Tango Therapeutics, Inc., a biotechnology company, discovers and develops drugs for the treatment of cancer. Its lead program is TNG908, a synthetic lethal small molecule inhibitor of protein arginine methyltransferase 5 that is being developed as a treatment for cancers with methylthioadenosine phosphorylase deletions. The company also develops Ubiquitin-specific protease 1, an inhibitor to treat patients with BRCA1 or BRCA2-mutant cancers; and Target 3 for STK11-mutant cancers. Tango Therapeutics, Inc. has a strategic collaboration with Gilead Sciences, Inc. for the discovery, development, and commercialization of a pipeline of therapies for patients with cancer. The company was founded in 2017 and is based in Cambridge, Massachusetts.[ Read More ]

The intrinsic value of one TNGX stock under the base case scenario is HIDDEN Compared to the current market price of 3.85 USD, Tango Therapeutics, Inc. is HIDDEN

2. FUNDAMENTAL ANALYSIS

Price Chart TNGX

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FINANCIALS
36.5 M REVENUE
46.93%
-114 M OPERATING INCOME
-2.79%
-102 M NET INCOME
5.95%
-118 M OPERATING CASH FLOW
-8.16%
41.4 M INVESTING CASH FLOW
56.92%
82.4 M FINANCING CASH FLOW
5002.54%
11.6 M REVENUE
-41.60%
-32.9 M OPERATING INCOME
-11.25%
-29.2 M NET INCOME
-14.15%
-33.4 M OPERATING CASH FLOW
-41.44%
32.6 M INVESTING CASH FLOW
156.48%
2.4 M FINANCING CASH FLOW
83.22%
Balance Sheet Decomposition Tango Therapeutics, Inc.
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Current Assets 347 M
Cash & Short-Term Investments 337 M
Receivables 0
Other Current Assets 9.65 M
Non-Current Assets 56 M
Long-Term Investments 0
PP&E 53.4 M
Other Non-Current Assets 2.61 M
Current Liabilities 45.9 M
Accounts Payable 2.78 M
Short-Term Debt 2.08 M
Other Current Liabilities 41.1 M
Non-Current Liabilities 104 M
Long-Term Debt 36.8 M
Other Non-Current Liabilities 66.7 M
EFFICIENCY
Earnings Waterfall Tango Therapeutics, Inc.
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Revenue 36.5 M
Cost Of Revenue 115 M
Gross Profit -78.7 M
Operating Expenses 151 M
Operating Income -114 M
Other Expenses -12.4 M
Net Income -102 M
RATIOS
-215.38% GROSS MARGIN
-215.38%
-312.57% OPERATING MARGIN
-312.57%
-278.54% NET MARGIN
-278.54%
-40.20% ROE
-40.20%
-25.27% ROA
-25.27%
-45.17% ROIC
-45.17%
FREE CASH FLOW ANALYSIS
Free Cash Flow Analysis Tango Therapeutics, Inc.
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Net Income -102 M
Depreciation & Amortization 2.42 M
Capital Expenditures -1.53 M
Stock-Based Compensation 19.1 M
Change in Working Capital -38 M
Others -38 M
Free Cash Flow -120 M
3. WALL STREET ANALYSTS ESTIMATES
Wall Street Analysts Price Targets Tango Therapeutics, Inc.
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Wall Street analysts predict an average 1-year price target for TNGX of $14.7 , with forecasts ranging from a low of $13 to a high of $18 .
TNGX Lowest Price Target Wall Street Target
13 USD 237.66%
TNGX Average Price Target Wall Street Target
14.7 USD 280.95%
TNGX Highest Price Target Wall Street Target
18 USD 367.53%
4. DIVIDEND ANALYSIS
0.00% DIVIDEND YIELD
0 USD DIVIDEND PER SHARE
5. COMPETITION
6. Ownership
Insider Ownership Tango Therapeutics, Inc.
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Sold
0-3 MONTHS
34 M USD 3
3-6 MONTHS
21.2 M USD 3
6-9 MONTHS
3.53 M USD 2
9-12 MONTHS
302 K USD 4
Bought
0 USD 0
0-3 MONTHS
0 USD 0
3-6 MONTHS
0 USD 0
6-9 MONTHS
0 USD 0
9-12 MONTHS
Date Value Insider Amount Avg Price
1 week ago
Nov 06, 2024
Sell 4.9 M USD
EcoR1 Capital, LLC
10 percent owner
- 1494558
3.2759 USD
1 week ago
Nov 07, 2024
Sell 205 K USD
EcoR1 Capital, LLC
10 percent owner
- 62318
3.2914 USD
1 week ago
Nov 07, 2024
Sell 3.33 M USD
EcoR1 Capital, LLC
10 percent owner
- 1143124
2.9171 USD
1 week ago
Nov 06, 2024
Sell 9.67 M USD
Boxer Capital Management, LLC
other: See remarks
- 3080000
3.14 USD
3 weeks ago
Oct 25, 2024
Sell 4.35 M USD
Boxer Capital Management, LLC
other: See remarks.
- 633000
6.87 USD
3 weeks ago
Oct 21, 2024
Sell 4.41 M USD
Boxer Capital Management, LLC
other: See remarks
- 625000
7.05 USD
3 weeks ago
Oct 22, 2024
Sell 1.7 M USD
Boxer Capital Management, LLC
other: See remarks
- 250000
6.78 USD
2 months ago
Sep 13, 2024
Sell 710 K USD
Third Rock Ventures IV, L.P.
10 percent owner
- 67400
10.5305 USD
2 months ago
Sep 05, 2024
Sell 867 K USD
Third Rock Ventures IV, L.P.
10 percent owner
- 75000
11.5618 USD
2 months ago
Aug 30, 2024
Sell 2.03 M USD
Third Rock Ventures IV, L.P.
10 percent owner
- 175000
11.5983 USD
2 months ago
Aug 27, 2024
Sell 289 K USD
Third Rock Ventures IV, L.P.
10 percent owner
- 25000
11.5466 USD
3 months ago
Aug 16, 2024
Sell 1.32 M USD
Third Rock Ventures IV, L.P.
10 percent owner
- 135000
9.7885 USD
2 months ago
Aug 19, 2024
Sell 1.51 M USD
Third Rock Ventures IV, L.P.
10 percent owner
- 150000
10.0928 USD
3 months ago
Jul 30, 2024
Sell 931 K USD
Third Rock Ventures IV, L.P.
10 percent owner
- 95000
9.8012 USD
3 months ago
Jul 31, 2024
Sell 993 K USD
Third Rock Ventures IV, L.P.
10 percent owner
- 100000
9.9338 USD
3 months ago
Aug 01, 2024
Sell 392 K USD
Third Rock Ventures IV, L.P.
10 percent owner
- 40000
9.8 USD
3 months ago
Jul 26, 2024
Sell 492 K USD
Third Rock Ventures IV, L.P.
10 percent owner
- 50000
9.839 USD
3 months ago
Jul 24, 2024
Sell 1.96 M USD
Third Rock Ventures IV, L.P.
10 percent owner
- 200000
9.8158 USD
3 months ago
Jul 25, 2024
Sell 993 K USD
Third Rock Ventures IV, L.P.
10 percent owner
- 100599
9.8686 USD
3 months ago
Jul 22, 2024
Sell 2.57 M USD
Third Rock Ventures IV, L.P.
10 percent owner
- 262740
9.7819 USD
3 months ago
Jul 23, 2024
Sell 1.22 M USD
Third Rock Ventures IV, L.P.
10 percent owner
- 125000
9.7868 USD
4 months ago
Jul 18, 2024
Sell 1.88 M USD
Third Rock Ventures IV, L.P.
10 percent owner
- 191490
9.8098 USD
4 months ago
Jul 17, 2024
Sell 5.39 M USD
Third Rock Ventures IV, L.P.
10 percent owner
- 550171
9.7903 USD
4 months ago
Jun 28, 2024
Sell 249 K USD
MVA Investors, LLC
other: See remarks
- 29000
8.57 USD
4 months ago
Jul 01, 2024
Sell 982 K USD
MVA Investors, LLC
other: See remarks
- 110731
8.87 USD
4 months ago
Jul 02, 2024
Sell 825 K USD
MVA Investors, LLC
other: See remarks
- 95000
8.68 USD
5 months ago
Jun 06, 2024
Sell 456 K USD
MVA Investors, LLC
other: See remarks
- 63000
7.24 USD
5 months ago
Jun 07, 2024
Sell 530 K USD
MVA Investors, LLC
other: See remarks
- 77000
6.88 USD
5 months ago
Jun 05, 2024
Sell 36 K USD
Calhoun Lesley Ann
Director
- 5000
7.2078 USD
6 months ago
May 01, 2024
Sell 557 K USD
MVA Investors, LLC
other: See remarks
- 75000
7.43 USD
6 months ago
May 02, 2024
Sell 567 K USD
MVA Investors, LLC
other: See remarks
- 75000
7.56 USD
6 months ago
May 03, 2024
Sell 457 K USD
MVA Investors, LLC
other: See remarks
- 60000
7.61 USD
8 months ago
Feb 20, 2024
Sell 1.95 M USD
Third Rock Ventures IV, L.P.
10 percent owner
- 162500
12 USD
9 months ago
Feb 06, 2024
Sell 58.8 K USD
Weber Barbara
Chief Executive Officer
- 4681
12.5626 USD
9 months ago
Feb 07, 2024
Sell 56.2 K USD
Weber Barbara
Chief Executive Officer
- 4457
12.6198 USD
9 months ago
Feb 06, 2024
Sell 17.9 K USD
Barry Douglas
General Counsel
- 1422
12.5626 USD
9 months ago
Feb 07, 2024
Sell 17.1 K USD
Barry Douglas
General Counsel
- 1354
12.6198 USD
9 months ago
Feb 06, 2024
Sell 24 K USD
Beckman Daniella
Chief Financial Officer
- 1908
12.5626 USD
9 months ago
Feb 07, 2024
Sell 22.9 K USD
Beckman Daniella
Chief Financial Officer
- 1817
12.6198 USD
9 months ago
Feb 06, 2024
Sell 53.9 K USD
Crystal Adam
See Remarks
- 4288
12.5626 USD
9 months ago
Feb 07, 2024
Sell 51.5 K USD
Crystal Adam
See Remarks
- 4083
12.6198 USD
1 year ago
Nov 01, 2023
Sell 63 K USD
Crystal Adam
See Remarks
- 7507
8.3914 USD
1 year ago
Oct 16, 2023
Bought 3.42 M USD
Boxer Capital, LLC
+ 500000
6.84 USD
1 year ago
Oct 13, 2023
Bought 5.3 M USD
Boxer Capital, LLC
+ 750000
7.07 USD
1 year ago
Oct 16, 2023
Bought 3.42 M USD
Boxer Capital, LLC
+ 500000
6.84 USD
1 year ago
Oct 13, 2023
Bought 5.3 M USD
Boxer Capital, LLC
+ 750000
7.07 USD
1 year ago
Oct 09, 2023
Sell 1.74 M USD
Boxer Capital, LLC
- 175000
9.97 USD
1 year ago
Oct 09, 2023
Sell 496 K USD
Boxer Capital, LLC
- 50000
9.91 USD
1 year ago
Aug 11, 2023
Bought 0 USD
Boxer Capital, LLC
+ 2340579
0 USD
1 year ago
Aug 11, 2023
Bought 2.45 M USD
Boxer Capital, LLC
+ 475000
5.15 USD
2 years ago
Oct 13, 2022
Bought 325 K USD
Boxer Capital, LLC
10 percent owner
+ 70000
4.6461 USD
2 years ago
Oct 13, 2022
Bought 325 K USD
Davis Aaron I.
Director
+ 70000
4.6461 USD
2 years ago
Oct 12, 2022
Bought 222 K USD
Boxer Capital, LLC
10 percent owner
+ 50000
4.4328 USD
2 years ago
Oct 12, 2022
Bought 222 K USD
Davis Aaron I.
Director
+ 50000
4.4328 USD
2 years ago
Oct 11, 2022
Bought 498 K USD
Davis Aaron I.
Director
+ 117000
4.2539 USD
2 years ago
Oct 11, 2022
Bought 498 K USD
Boxer Capital, LLC
10 percent owner
+ 117000
4.2539 USD
2 years ago
Oct 06, 2022
Bought 286 K USD
LEWIS JOSEPH
Director
+ 70394
4.0638 USD
2 years ago
Oct 06, 2022
Bought 286 K USD
Boxer Capital, LLC
10 percent owner
+ 70394
4.0638 USD
2 years ago
Oct 05, 2022
Bought 155 K USD
LEWIS JOSEPH
Director
+ 40500
3.8373 USD
2 years ago
Oct 05, 2022
Bought 155 K USD
Boxer Capital, LLC
10 percent owner
+ 40500
3.8373 USD
2 years ago
Oct 05, 2022
Bought 179 K USD
Boxer Capital, LLC
10 percent owner
+ 45500
3.9262 USD
2 years ago
Oct 05, 2022
Bought 179 K USD
LEWIS JOSEPH
Director
+ 45500
3.9262 USD
2 years ago
Oct 04, 2022
Bought 94 K USD
Boxer Capital, LLC
10 percent owner
+ 25606
3.6701 USD
2 years ago
Oct 04, 2022
Bought 94 K USD
LEWIS JOSEPH
Director
+ 25606
3.6701 USD
3 years ago
Nov 20, 2020
Sell 15 USD
BCTG Holdings, LLC
10 percent owner
- 2500
0.006 USD
3 years ago
Nov 20, 2020
Sell 15 USD
BCTG Holdings, LLC
10 percent owner
- 2500
0.006 USD
4 years ago
Sep 08, 2020
Bought 5.34 M USD
BCTG Holdings, LLC
10 percent owner
+ 533500
10 USD
7. News
Tango Therapeutics, Inc. (TNGX) Reports Q3 Loss, Tops Revenue Estimates Tango Therapeutics, Inc. (TNGX) came out with a quarterly loss of $0.27 per share versus the Zacks Consensus Estimate of a loss of $0.34. This compares to loss of $0.23 per share a year ago. zacks.com - 1 week ago
Tango Therapeutics: Amgen Missteps Devalue PRMT5 Candidates Ahead Of Critical Data Tango Therapeutics, Inc. offers high-risk, high-reward exposure to PRMT5-inhibitor drugs, with two candidates, TNG908 and TNG462, targeting MTAP-deleted cancers, a substantial market opportunity. TNGX stock volatility is influenced by competitors' PRMT5 data, with recent fluctuations driven by Amgen and Mirati's clinical results. Tango's financial stability is supported by >$300M in cash, a Gilead partnership, and a funding runway until 2027, covering key clinical readouts. seekingalpha.com - 2 months ago
Tango Therapeutics, Inc. (TNGX) Reports Q2 Loss, Tops Revenue Estimates Tango Therapeutics, Inc. (TNGX) came out with a quarterly loss of $0.24 per share versus the Zacks Consensus Estimate of a loss of $0.34. This compares to loss of $0.23 per share a year ago. zacks.com - 3 months ago
Earnings Preview: Tango Therapeutics, Inc. (TNGX) Q2 Earnings Expected to Decline Tango Therapeutics (TNGX) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations. zacks.com - 3 months ago
Tango Therapeutics (TNGX) Surges 6.7%: Is This an Indication of Further Gains? Tango Therapeutics (TNGX) was a big mover last session on higher-than-average trading volume. The latest trend in earnings estimate revisions might not help the stock continue moving higher in the near term. zacks.com - 3 months ago
Tango Therapeutics (TNGX) Moves 10.3% Higher: Will This Strength Last? Tango Therapeutics (TNGX) was a big mover last session on higher-than-average trading volume. The latest trend in earnings estimate revisions might help the stock continue moving higher in the near term. zacks.com - 5 months ago
Tango Therapeutics to Present at the Goldman Sachs 45th Annual Global Healthcare Conference BOSTON--(BUSINESS WIRE)--Tango Therapeutics, Inc. (NASDAQ: TNGX), a clinical-stage biotechnology company committed to discovering and delivering the next generation of precision cancer medicines, today announced that Barbara Weber, M.D., President and Chief Executive Officer of Tango Therapeutics, is scheduled to present at the Goldman Sachs 45th Annual Global Healthcare Conference on Tuesday, June 11, 2024 at 2:40 PM ET. A live webcast of the presentation will be available under the "Events &a. businesswire.com - 5 months ago
Medivir´s licensee, Tango Therapeutics, has discontinued development of its TNG348 clinical program STOCKHOLM , May 23, 2024 /PRNewswire/ -- Medivir AB (Nasdaq Stockholm: MVIR), a pharmaceutical company focused on developing innovative treatments for cancer in areas of high unmet medical need, announced today that Medivir's licensee, Tango Therapeutics (NASDAQ: TNGX; Tango), has announced that the phase 1/2 clinical trial of TNG348, a novel USP1 inhibitor, is being terminated due to toxicity observed in the initial study cohorts.  TNG348 is a novel USP1 (ubiquitin-specific protease 1) inhibitor, for the treatment of BRCA1/2-mutant and other homologous recombination deficiency (HRD)+ cancers, and has been developed by Tango from the preclinical USP1 program licensed from Medivir in 2020. prnewswire.com - 5 months ago
Tango Therapeutics to stop development of cancer therapy Tango Therapeutics said on Thursday it would stop the development of its experimental cancer therapy due to liver toxicity experienced by patients in an early-to-mid stage trial. reuters.com - 5 months ago
Tango Therapeutics Announces Discontinuation of TNG348 Program BOSTON--(BUSINESS WIRE)--Tango Therapeutics, Inc. (NASDAQ: TNGX), a clinical-stage biotechnology company committed to discovering and delivering the next generation of precision cancer medicines, today announced that it will discontinue development of its TNG348 program. “Patient safety is always our first priority and based on emerging data from the TNG348 dose escalation study, we have made the decision to discontinue further development of this molecule due to liver toxicity experienced by p. businesswire.com - 5 months ago
Tango Therapeutics, Inc. (TNGX) Reports Q1 Loss, Misses Revenue Estimates Tango Therapeutics, Inc. (TNGX) came out with a quarterly loss of $0.35 per share versus the Zacks Consensus Estimate of a loss of $0.31. This compares to loss of $0.32 per share a year ago. zacks.com - 6 months ago
Will Tango Therapeutics, Inc. (TNGX) Report Negative Q1 Earnings? What You Should Know Tango Therapeutics (TNGX) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations. zacks.com - 6 months ago
8. Profile Summary

Tango Therapeutics, Inc. TNGX

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COUNTRY US
INDUSTRY Biotechnology
MARKET CAP $ 414 M
Dividend Yield 0.00%
Description Tango Therapeutics, Inc., a biotechnology company, discovers and develops drugs for the treatment of cancer. Its lead program is TNG908, a synthetic lethal small molecule inhibitor of protein arginine methyltransferase 5 that is being developed as a treatment for cancers with methylthioadenosine phosphorylase deletions. The company also develops Ubiquitin-specific protease 1, an inhibitor to treat patients with BRCA1 or BRCA2-mutant cancers; and Target 3 for STK11-mutant cancers. Tango Therapeutics, Inc. has a strategic collaboration with Gilead Sciences, Inc. for the discovery, development, and commercialization of a pipeline of therapies for patients with cancer. The company was founded in 2017 and is based in Cambridge, Massachusetts.
Contact 100 Binney Street, Cambridge, MA, 02142 https://www.tangotx.com
IPO Date Sept. 3, 2020
Employees 140
Officers Mr. Jannik N. Andersen Ph.D. Chief Scientific Officer Dr. Michael Palmieri Ph.D. Head of Technical Operations Dr. Antoni Ribas M.D., Ph.D. Founder & Member of Scientific Advisory Board Dr. Barbara L. Weber M.D. President, Chief Executive Officer & Director Dr. William G. Kaelin Jr., M.D. Founder & Member of Scientific Advisory Board Dr. Levi Garraway M.D., Ph.D. Founder Dr. Timothy K. Lu M.D., Ph.D. Founder Mr. Timothy Redfern Chief Financial Officer Dr. Adam S. Crystal M.D., Ph.D. President of Research & Development Dr. Alan Ashworth FRS, Ph.D. Founder & Member of Scientific Advisory Board