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 11 loss-of-function mutations for treating lung cancer. The company was founded in 2017 and is headquartered in Boston, Massachusetts.

Fundamentals
Scroll to Statements
Sector Healthcare Industry Biotechnology Market Cap 1.74B
Enterprise Value 1.62B Income -100.52M Sales 66.50M
Book/sh 1.43 Cash/sh 1.14 Dividend Yield —
Payout 0.00% Employees 155 IPO —
P/E — Forward P/E -9.52 PEG —
P/S 26.23 P/B 9.03 P/C —
EV/EBITDA -14.97 EV/Sales 24.29 Quick Ratio 8.29
Current Ratio 8.88 Debt/Eq 21.72 LT Debt/Eq —
EPS (ttm) -0.91 EPS next Y -1.36 EPS Growth —
Revenue Growth 3.64% Earnings 2026-03-05 ROA -24.52%
ROE -51.65% ROIC — Gross Margin -101.50%
Oper. Margin 26.15% Profit Margin -151.15% Shs Outstand 134.68M
Shs Float 59.72M Short Float 39.45% Short Ratio 14.10
Short Interest — 52W High 13.48 52W Low 1.03
Beta 1.76 Avg Volume 2.83M Volume 489.38K
Target Price $15.67 Recom Strong_buy Prev Close $12.88
Price $12.95 Change 0.54%
Valuation Models

Price estimates from analyst targets and simple models.

1. Analyst consensus
$15.67
Mean price target
2. Current target
$12.88
Latest analyst target
3. DCF / Fair value
$-8.34
Simplified: (Free Cash Flow ÷ Shares) × 18 (P/FCF multiple). Not a …
Ratings
Current target
$12.88
Low
$13.00
High
$19.00
Mean
$15.67

Latest analyst rating changes

Date Action Analyst Rating Change Price Target
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
2024-09-10 reit HC Wainwright & Co. Buy → Buy $13
2024-08-08 main Wedbush Outperform → Outperform $13
2024-07-17 init Jefferies — → Buy $19
2024-07-09 reit Cantor Fitzgerald — → Overweight —
2024-07-09 reit HC Wainwright & Co. Buy → Buy $13
Insider Transactions
Date Shares Value Url Text Insider Position Transaction Start Date Ownership
0 10317 126531 — Sale at price 12.26 - 12.90 per share. BECKMAN DANIELLA Chief Financial Officer — 2026-02-03 00:00:00 D
1 30519 374294 — Sale at price 12.26 - 12.90 per share. WEBER BARBARA L Officer and Director — 2026-02-03 00:00:00 D
2 18452 226300 — Sale at price 12.26 - 12.90 per share. CRYSTAL ADAM S Officer — 2026-02-03 00:00:00 D
3 44330 — — Stock Award(Grant) at price 0.00 per share. BECKMAN DANIELLA Chief Financial Officer — 2026-02-02 00:00:00 D
4 37522 — — Stock Award(Grant) at price 0.00 per share. WEBER BARBARA L Officer and Director — 2026-02-02 00:00:00 D
5 47460 — — Stock Award(Grant) at price 0.00 per share. CRYSTAL ADAM S Officer — 2026-02-02 00:00:00 D
6 350000 — — Stock Award(Grant) at price 0.00 per share. PETERS MALTE Chief Executive Officer — 2026-01-08 00:00:00 D
7 10000 — — Stock Award(Grant) at price 0.00 per share. LEE SUNG Director — 2026-01-02 00:00:00 D
8 477401 3594830 — Sale at price 7.53 per share. THIRD ROCK VENTURES IV, L.P. Beneficial Owner of more than 10% of a Class of Security — 2025-10-23 00:00:00 I
9 500000 4008500 — Sale at price 8.02 per share. THIRD ROCK VENTURES IV, L.P. Beneficial Owner of more than 10% of a Class of Security — 2025-09-25 00:00:00 I
Financials
Line Item2024-12-312023-12-312022-12-312021-12-31
TaxEffectOfUnusualItems0.000.000.000.00
TaxRateForCalcs0.210.210.210.27
NormalizedEBITDA-143.10M-111.76M-109.46M-57.29M
NetIncomeFromContinuingOperationNetMinorityInterest-130.30M-101.74M-108.18M-58.23M
ReconciledDepreciation2.50M2.42M1.61M897.00K
EBITDA-143.10M-111.76M-109.46M-57.29M
EBIT-145.59M-114.17M-111.07M-58.19M
NetInterestIncome7.89M6.62M1.46M495.00K
InterestIncome7.89M6.62M1.46M495.00K
NormalizedIncome-130.30M-101.74M-108.18M-58.23M
NetIncomeFromContinuingAndDiscontinuedOperation-130.30M-101.74M-108.18M-58.23M
TotalExpenses187.66M150.70M135.93M95.23M
TotalOperatingIncomeAsReported-145.59M-114.17M-111.07M-58.19M
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-130.30M-101.74M-108.18M-58.23M
NetIncomeCommonStockholders-130.30M-101.74M-108.18M-58.23M
NetIncome-130.30M-101.74M-108.18M-58.23M
NetIncomeIncludingNoncontrollingInterests-130.30M-101.74M-108.18M-58.23M
NetIncomeContinuousOperations-130.30M-101.74M-108.18M-58.23M
TaxProvision208.00K134.00K54.00K292.00K
PretaxIncome-130.09M-101.61M-108.12M-57.94M
OtherIncomeExpense7.61M5.94M1.49M-248.00K
OtherNonOperatingIncomeExpenses7.61M5.94M1.49M-248.00K
NetNonOperatingInterestIncomeExpense7.89M6.62M1.46M495.00K
InterestIncomeNonOperating7.89M6.62M1.46M495.00K
OperatingIncome-145.59M-114.17M-111.07M-58.19M
OperatingExpense187.66M150.70M135.93M95.23M
ResearchAndDevelopment143.92M115.20M105.91M77.64M
SellingGeneralAndAdministration43.75M35.50M30.02M17.60M
GeneralAndAdministrativeExpense43.75M35.50M30.02M17.60M
OtherGandA43.75M35.50M30.02M17.60M
TotalRevenue42.07M36.53M24.86M37.04M
OperatingRevenue42.07M36.53M24.86M37.04M
Line Item2024-12-312023-12-312022-12-312021-12-31
OrdinarySharesNumber107.73M102.20M88.18M87.60M
ShareIssued107.73M102.20M88.18M87.60M
TotalDebt36.49M38.92M41.13M1.50M
TangibleBookValue199.52M253.11M249.48M344.75M
InvestedCapital199.52M253.11M249.48M344.75M
WorkingCapital228.17M300.60M319.73M451.65M
NetTangibleAssets199.52M253.11M249.48M344.75M
CapitalLeaseObligations36.49M38.92M41.13M1.50M
CommonStockEquity199.52M253.11M249.48M344.75M
TotalCapitalization199.52M253.11M249.48M344.75M
TotalEquityGrossMinorityInterest199.52M253.11M249.48M344.75M
StockholdersEquity199.52M253.11M249.48M344.75M
GainsLossesNotAffectingRetainedEarnings336.00K186.00K-3.71M-765.00K
OtherEquityAdjustments336.00K186.00K-3.71M-765.00K
RetainedEarnings-501.56M-371.26M-269.51M-161.34M
AdditionalPaidInCapital700.63M624.08M522.61M506.76M
CapitalStock108.00K102.00K88.00K88.00K
CommonStock108.00K102.00K88.00K88.00K
TotalLiabilitiesNetMinorityInterest116.97M149.46M186.99M155.41M
TotalNonCurrentLiabilitiesNetMinorityInterest78.81M103.52M131.45M114.72M
PreferredSecuritiesOutsideStockEquity0.000.000.000.00
NonCurrentDeferredLiabilities44.77M66.68M92.09M114.72M
NonCurrentDeferredRevenue44.77M66.68M92.09M114.72M
LongTermDebtAndCapitalLeaseObligation34.04M36.84M39.36M0.00
LongTermCapitalLeaseObligation34.04M36.84M39.36M0.00
CurrentLiabilities38.17M45.94M55.55M40.69M
OtherCurrentLiabilities1.74M1.29M1.27M666.00K
CurrentDeferredLiabilities17.62M25.67M31.79M26.02M
CurrentDeferredRevenue17.62M25.67M31.79M26.02M
CurrentDebtAndCapitalLeaseObligation2.45M2.08M1.77M1.50M
CurrentCapitalLeaseObligation2.45M2.08M1.77M1.50M
PensionandOtherPostRetirementBenefitPlansCurrent3.69M
PayablesAndAccruedExpenses16.36M16.90M20.72M12.50M
CurrentAccruedExpenses14.76M14.11M16.23M9.22M
Payables1.60M2.79M4.49M3.28M
TotalTaxPayable0.0035.00K52.00K
IncomeTaxPayable0.0035.00K52.00K
AccountsPayable1.60M2.79M4.45M3.23M
TotalAssets316.49M402.57M436.47M500.15M
TotalNonCurrentAssets50.15M56.03M61.20M7.82M
OtherNonCurrentAssets2.57M2.61M3.43M1.73M
NetPPE47.58M53.42M57.77M6.09M
AccumulatedDepreciation-8.36M-5.99M-3.68M-2.53M
GrossPPE55.94M59.41M61.45M8.62M
Leases2.87M2.86M2.78M246.00K
ConstructionInProgress152.00K38.00K8.00K738.00K
OtherProperties48.41M52.30M54.61M6.84M
MachineryFurnitureEquipment4.51M4.21M4.06M790.00K
Properties0.000.000.000.00
CurrentAssets266.34M346.54M375.27M492.34M
OtherCurrentAssets8.43M8.80M6.57M4.52M
RestrictedCash0.00856.00K567.00K567.00K
PrepaidAssets4.52M
Receivables0.002.00M2.00M
AccountsReceivable0.002.00M2.00M
CashCashEquivalentsAndShortTermInvestments257.92M336.88M366.13M485.25M
OtherShortTermInvestments188.39M270.50M306.17M342.51M
CashAndCashEquivalents69.53M66.39M59.97M142.75M
Line Item2024-12-312023-12-312022-12-312021-12-31
FreeCashFlow-132.25M-119.51M-116.77M-61.36M
IssuanceOfDebt0.00342.11M
IssuanceOfCapitalStock41.72M80.02M0.0029.99M
CapitalExpenditure-754.00K-1.53M-7.69M-1.84M
EndCashPosition72.10M69.81M63.96M145.02M
BeginningCashPosition69.81M63.96M145.02M30.66M
ChangesInCash2.29M5.85M-81.07M114.36M
FinancingCashFlow47.66M82.41M1.61M357.32M
CashFlowFromContinuingFinancingActivities47.66M82.41M1.61M357.32M
NetOtherFinancingCharges448.00K-8.00K-15.84M
ProceedsFromStockOptionExercised5.94M1.94M1.62M1.06M
NetPreferredStockIssuance0.0029.99M
PreferredStockIssuance0.0029.99M
NetCommonStockIssuance41.72M80.02M0.00
CommonStockIssuance41.72M80.02M0.00
NetIssuancePaymentsOfDebt0.00342.11M
NetLongTermDebtIssuance0.00342.11M
LongTermDebtIssuance0.00342.11M
InvestingCashFlow86.13M41.43M26.40M-183.43M
CashFlowFromContinuingInvestingActivities86.13M41.43M26.40M-183.43M
NetInvestmentPurchaseAndSale86.88M42.95M34.09M-181.60M
SaleOfInvestment327.77M353.53M242.59M190.76M
PurchaseOfInvestment-240.89M-310.57M-208.50M-372.36M
NetPPEPurchaseAndSale-754.00K-1.53M-7.69M-1.84M
PurchaseOfPPE-754.00K-1.53M-7.69M-1.84M
OperatingCashFlow-131.50M-117.98M-109.08M-59.53M
CashFlowFromContinuingOperatingActivities-131.50M-117.98M-109.08M-59.53M
ChangeInWorkingCapital-31.75M-37.97M-18.49M-11.35M
ChangeInOtherWorkingCapital-29.97M-31.53M-16.86M-12.04M
ChangeInOtherCurrentLiabilities-2.14M-2.44M1.70M-1.07M
ChangeInOtherCurrentAssets43.00K-41.00K-10.00M-139.00K
ChangeInPayablesAndAccruedExpense-50.00K-3.73M8.73M5.06M
ChangeInAccruedExpense1.13M-2.03M7.63M3.83M
ChangeInPayable-1.18M-1.71M1.10M1.23M
ChangeInAccountPayable-1.18M-1.71M1.10M1.23M
ChangeInPrepaidAssets370.00K-2.23M-2.06M-3.16M
ChangeInReceivables0.002.00M0.000.00
ChangesInAccountReceivables0.002.00M0.000.00
OtherNonCashItems3.77M3.63M1.75M1.32M
StockBasedCompensation28.90M19.08M14.23M7.83M
AmortizationOfSecurities-4.62M-3.39M0.00
DepreciationAmortizationDepletion2.50M2.42M1.61M897.00K
DepreciationAndAmortization2.50M2.42M1.61M897.00K
Depreciation2.50M2.42M1.61M897.00K
NetIncomeFromContinuingOperations-130.30M-101.74M-108.18M-58.23M
SEC Filings

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

Public Trades for TNGX
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