TNGX Chart
About

Tango Therapeutics, Inc., a precision oncology company, focuses on the discovery and development of drugs in defined patient populations with unmet medical need. The company develops methylthioadenosine -cooperative protein arginine methyltransferase 5 (PRMT5) inhibitors, including TNG462, which is in Phase 1/2 clinical trial for treating pancreatic and lung cancer; and TNG456, a brain-penetrant PRMT5 inhibitor for the treatment of glioblastoma. It is developing TNG260, a co-repressor of repressor element-1 silencing transcription inhibitor to reverse the immune evasion effect of serine-threonine kinase (STK) 11 loss-of-function mutations to treat lung cancer. The company was founded in 2017 and is headquartered in Boston, Massachusetts.

Fundamentals
Scroll to Statements
Sector Healthcare Industry Biotechnology Market Cap 2.67B
Enterprise Value 2.36B Income -101.59M Sales 62.38M
Book/sh 2.55 Cash/sh 2.40 Dividend Yield
Payout 0.00% Employees 137 IPO
P/E Forward P/E -12.19 PEG
P/S 42.73 P/B 7.33 P/C
EV/EBITDA -21.61 EV/Sales 37.76 Quick Ratio 15.83
Current Ratio 16.32 Debt/Eq 9.70 LT Debt/Eq
EPS (ttm) -0.87 EPS next Y -1.53 EPS Growth
Revenue Growth -100.00% Earnings 2026-05-11 ROA -19.45%
ROE -37.23% ROIC Gross Margin -111.86%
Oper. Margin -178.39% Profit Margin -162.85% Shs Outstand 142.69M
Shs Float 67.82M Short Float 39.25% Short Ratio 17.80
Short Interest 52W High 18.97 52W Low 1.03
Beta 1.81 Avg Volume 3.41M Volume 3.44M
Target Price $19.67 Recom Strong_buy Prev Close $17.88
Price $18.68 Change 4.47%
Valuation Models

Price estimates from analyst targets and simple models.

1. Analyst consensus
$19.67
Mean price target
2. Current target
$18.68
Latest analyst target
3. DCF / Fair value
$-7.68
Simplified: (Free Cash Flow ÷ Shares) × 18 (P/FCF multiple). Not a …
Ratings
Current target
$18.68
Low
$14.00
High
$27.00
Mean
$19.67

Latest analyst rating changes

Date Action Analyst Rating Change Price Target
2026-03-11 main Mizuho Outperform → Outperform $20
2026-03-09 main Stifel Buy → Buy $24
2026-03-06 main Wedbush Outperform → Outperform $19
2026-03-06 main Guggenheim Buy → Buy $20
2026-03-06 main HC Wainwright & Co. Buy → Buy $27
2026-02-23 init Mizuho — → Outperform $19
2026-02-06 main Guggenheim Buy → Buy $18
2026-01-16 main Piper Sandler Overweight → Overweight $14
2025-12-04 init Stifel — → Buy $15
2025-11-18 init Wolfe Research — → Peer Perform
2025-11-18 main B. Riley Securities Buy → Buy $14
2025-10-24 main Guggenheim Buy → Buy $12
2025-08-19 init Piper Sandler — → Overweight $11
2025-08-06 main Guggenheim Buy → Buy $10
2025-04-14 reit HC Wainwright & Co. Buy → Buy $13
2024-12-05 reit Cantor Fitzgerald Overweight → Overweight
2024-11-11 main B. Riley Securities Buy → Buy $8
2024-11-08 reit HC Wainwright & Co. Buy → Buy $13
2024-11-07 main Guggenheim Buy → Buy $8
2024-10-28 reit HC Wainwright & Co. Buy → Buy $13
Insider Transactions
Date Shares Value Url Text Insider Position Transaction Start Date Ownership
0 20251 303765 Sale at price 15.00 per share. CRYSTAL ADAM S Officer 2026-03-05 00:00:00 D
1 54345 694208 Sale at price 12.77 per share. CRYSTAL ADAM S Officer 2026-02-25 00:00:00 D
2 10317 126531 Sale at price 12.26 - 12.90 per share. BECKMAN DANIELLA Chief Financial Officer 2026-02-03 00:00:00 D
3 30519 374294 Sale at price 12.26 - 12.90 per share. WEBER BARBARA L Officer and Director 2026-02-03 00:00:00 D
4 18452 226300 Sale at price 12.26 - 12.90 per share. CRYSTAL ADAM S Officer 2026-02-03 00:00:00 D
5 44330 Stock Award(Grant) at price 0.00 per share. BECKMAN DANIELLA Chief Financial Officer 2026-02-02 00:00:00 D
6 37522 Stock Award(Grant) at price 0.00 per share. WEBER BARBARA L Officer and Director 2026-02-02 00:00:00 D
7 47460 Stock Award(Grant) at price 0.00 per share. CRYSTAL ADAM S Officer 2026-02-02 00:00:00 D
8 350000 Stock Award(Grant) at price 0.00 per share. PETERS MALTE Chief Executive Officer 2026-01-08 00:00:00 D
9 10000 Stock Award(Grant) at price 0.00 per share. LEE SUNG Director 2026-01-02 00:00:00 D
Financials
Line Item2025-12-312024-12-312023-12-312022-12-31
TaxEffectOfUnusualItems0.000.000.000.00
TaxRateForCalcs0.210.210.210.21
NormalizedEBITDA-109.01M-143.10M-111.76M-109.46M
NetIncomeFromContinuingOperationNetMinorityInterest-101.59M-130.30M-101.74M-108.18M
ReconciledDepreciation2.28M2.50M2.42M1.61M
EBITDA-109.01M-143.10M-111.76M-109.46M
EBIT-111.29M-145.59M-114.17M-111.07M
NetInterestIncome5.63M7.89M6.62M1.46M
InterestIncome5.63M7.89M6.62M1.46M
NormalizedIncome-101.59M-130.30M-101.74M-108.18M
NetIncomeFromContinuingAndDiscontinuedOperation-101.59M-130.30M-101.74M-108.18M
TotalExpenses173.67M187.66M150.70M135.93M
TotalOperatingIncomeAsReported-111.29M-145.59M-114.17M-111.07M
DilutedAverageShares109.23M94.57M87.82M62.11M
BasicAverageShares109.23M94.57M87.82M62.11M
DilutedEPS-1.19-1.08-1.23-0.94
BasicEPS-1.19-1.08-1.23-0.94
DilutedNIAvailtoComStockholders-101.59M-130.30M-101.74M-108.18M
NetIncomeCommonStockholders-101.59M-130.30M-101.74M-108.18M
NetIncome-101.59M-130.30M-101.74M-108.18M
NetIncomeIncludingNoncontrollingInterests-101.59M-130.30M-101.74M-108.18M
NetIncomeContinuousOperations-101.59M-130.30M-101.74M-108.18M
TaxProvision4.00K208.00K134.00K54.00K
PretaxIncome-101.59M-130.09M-101.61M-108.12M
OtherIncomeExpense4.07M7.61M5.94M1.49M
OtherNonOperatingIncomeExpenses4.07M7.61M5.94M1.49M
NetNonOperatingInterestIncomeExpense5.63M7.89M6.62M1.46M
InterestIncomeNonOperating5.63M7.89M6.62M1.46M
OperatingIncome-111.29M-145.59M-114.17M-111.07M
OperatingExpense173.67M187.66M150.70M135.93M
ResearchAndDevelopment132.16M143.92M115.20M105.91M
SellingGeneralAndAdministration41.51M43.75M35.50M30.02M
GeneralAndAdministrativeExpense41.51M43.75M35.50M30.02M
OtherGandA41.51M43.75M35.50M30.02M
TotalRevenue62.38M42.07M36.53M24.86M
OperatingRevenue62.38M42.07M36.53M24.86M
Line Item2025-12-312024-12-312023-12-312022-12-31
OrdinarySharesNumber135.94M107.73M102.20M88.18M
ShareIssued135.94M107.73M102.20M88.18M
TotalDebt33.57M36.49M38.92M41.13M
TangibleBookValue346.18M199.52M253.11M249.48M
InvestedCapital346.18M199.52M253.11M249.48M
WorkingCapital332.08M228.17M300.60M319.73M
NetTangibleAssets346.18M199.52M253.11M249.48M
CapitalLeaseObligations33.57M36.49M38.92M41.13M
CommonStockEquity346.18M199.52M253.11M249.48M
TotalCapitalization346.18M199.52M253.11M249.48M
TotalEquityGrossMinorityInterest346.18M199.52M253.11M249.48M
StockholdersEquity346.18M199.52M253.11M249.48M
GainsLossesNotAffectingRetainedEarnings224.00K336.00K186.00K-3.71M
OtherEquityAdjustments224.00K336.00K186.00K-3.71M
RetainedEarnings-603.15M-501.56M-371.26M-269.51M
AdditionalPaidInCapital948.97M700.63M624.08M522.61M
CapitalStock136.00K108.00K102.00K88.00K
CommonStock136.00K108.00K102.00K88.00K
TotalLiabilitiesNetMinorityInterest52.51M116.97M149.46M186.99M
TotalNonCurrentLiabilitiesNetMinorityInterest30.83M78.81M103.52M131.45M
PreferredSecuritiesOutsideStockEquity0.000.000.000.00
NonCurrentDeferredLiabilities0.0044.77M66.68M92.09M
NonCurrentDeferredRevenue0.0044.77M66.68M92.09M
LongTermDebtAndCapitalLeaseObligation30.83M34.04M36.84M39.36M
LongTermCapitalLeaseObligation30.83M34.04M36.84M39.36M
CurrentLiabilities21.68M38.17M45.94M55.55M
OtherCurrentLiabilities1.29M1.74M1.29M1.27M
CurrentDeferredLiabilities0.0017.62M25.67M31.79M
CurrentDeferredRevenue0.0017.62M25.67M31.79M
CurrentDebtAndCapitalLeaseObligation2.74M2.45M2.08M1.77M
CurrentCapitalLeaseObligation2.74M2.45M2.08M1.77M
PensionandOtherPostRetirementBenefitPlansCurrent3.69M
PayablesAndAccruedExpenses17.65M16.36M16.90M20.72M
CurrentAccruedExpenses16.47M14.76M14.11M16.23M
Payables1.18M1.60M2.79M4.49M
TotalTaxPayable0.0035.00K52.00K
IncomeTaxPayable0.0035.00K52.00K
AccountsPayable1.18M1.60M2.79M4.45M
TotalAssets398.69M316.49M402.57M436.47M
TotalNonCurrentAssets44.93M50.15M56.03M61.20M
OtherNonCurrentAssets2.44M2.57M2.61M3.43M
NetPPE42.49M47.58M53.42M57.77M
AccumulatedDepreciation-10.54M-8.36M-5.99M-3.68M
GrossPPE53.03M55.94M59.41M61.45M
Leases3.72M2.87M2.86M2.78M
ConstructionInProgress0.00152.00K38.00K8.00K
OtherProperties44.56M48.41M52.30M54.61M
MachineryFurnitureEquipment4.75M4.51M4.21M4.06M
Properties0.000.000.000.00
CurrentAssets353.76M266.34M346.54M375.27M
OtherCurrentAssets10.19M8.43M8.80M6.57M
RestrictedCash428.00K0.00856.00K567.00K
PrepaidAssets4.52M
Receivables0.002.00M2.00M
AccountsReceivable0.002.00M2.00M
CashCashEquivalentsAndShortTermInvestments343.14M257.92M336.88M366.13M
OtherShortTermInvestments230.86M188.39M270.50M306.17M
CashAndCashEquivalents112.28M69.53M66.39M59.97M
Line Item2025-12-312024-12-312023-12-312022-12-31
FreeCashFlow-139.93M-132.25M-119.51M-116.77M
IssuanceOfDebt0.00342.11M
IssuanceOfCapitalStock212.40M41.72M80.02M0.00
CapitalExpenditure-1.05M-754.00K-1.53M-7.69M
EndCashPosition114.85M72.10M69.81M63.96M
BeginningCashPosition72.10M69.81M63.96M145.02M
ChangesInCash42.75M2.29M5.85M-81.07M
FinancingCashFlow222.50M47.66M82.41M1.61M
CashFlowFromContinuingFinancingActivities222.50M47.66M82.41M1.61M
NetOtherFinancingCharges-36.00K448.00K-8.00K-15.84M
ProceedsFromStockOptionExercised10.14M5.94M1.94M1.62M
NetPreferredStockIssuance0.0029.99M
PreferredStockIssuance0.0029.99M
NetCommonStockIssuance212.40M41.72M80.02M0.00
CommonStockIssuance212.40M41.72M80.02M0.00
NetIssuancePaymentsOfDebt0.00342.11M
NetLongTermDebtIssuance0.00342.11M
LongTermDebtIssuance0.00342.11M
InvestingCashFlow-40.87M86.13M41.43M26.40M
CashFlowFromContinuingInvestingActivities-40.87M86.13M41.43M26.40M
NetInvestmentPurchaseAndSale-39.82M86.88M42.95M34.09M
SaleOfInvestment224.64M327.77M353.53M242.59M
PurchaseOfInvestment-264.46M-240.89M-310.57M-208.50M
NetPPEPurchaseAndSale-1.05M-754.00K-1.53M-7.69M
PurchaseOfPPE-1.05M-754.00K-1.53M-7.69M
OperatingCashFlow-138.89M-131.50M-117.98M-109.08M
CashFlowFromContinuingOperatingActivities-138.89M-131.50M-117.98M-109.08M
ChangeInWorkingCapital-67.20M-31.75M-37.97M-18.49M
ChangeInOtherWorkingCapital-62.38M-29.97M-31.53M-16.86M
ChangeInOtherCurrentLiabilities-3.03M-2.14M-2.44M1.70M
ChangeInOtherCurrentAssets-299.00K43.00K-41.00K-10.00M
ChangeInPayablesAndAccruedExpense279.00K-50.00K-3.73M8.73M
ChangeInAccruedExpense1.10M1.13M-2.03M7.63M
ChangeInPayable-825.00K-1.18M-1.71M1.10M
ChangeInAccountPayable-825.00K-1.18M-1.71M1.10M
ChangeInPrepaidAssets-1.76M370.00K-2.23M-2.06M
ChangeInReceivables0.000.002.00M0.00
ChangesInAccountReceivables0.000.002.00M0.00
OtherNonCashItems3.88M3.77M3.63M1.75M
StockBasedCompensation26.43M28.90M19.08M14.23M
AmortizationOfSecurities-2.69M-4.62M-3.39M0.00
DepreciationAmortizationDepletion2.28M2.50M2.42M1.61M
DepreciationAndAmortization2.28M2.50M2.42M1.61M
Depreciation2.28M2.50M2.42M1.61M
NetIncomeFromContinuingOperations-101.59M-130.30M-101.74M-108.18M
SEC Filings

Recent 10-K, 10-Q, 8-K, and Form 4 (insider) filings.

Public Trades for TNGX
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