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Does Foghorn Therapeutics (FHTX) Have the Potential to Rally 105.75% as Wall Street Analysts Expect?
Zacks Investment Research· 2024-04-02 14:56
Foghorn Therapeutics Inc. (FHTX) closed the last trading session at $7.13, gaining 5% over the past four weeks, but there could be plenty of upside left in the stock if short-term price targets set by Wall Street analysts are any guide. The mean price target of $14.67 indicates a 105.8% upside potential.The mean estimate comprises six short-term price targets with a standard deviation of $5.61. While the lowest estimate of $6 indicates a 15.9% decline from the current price level, the most optimistic analys ...
Foghorn Therapeutics Inc. (FHTX) Upgraded to Buy: Here's What You Should Know
Zacks Investment Research· 2024-03-13 17:00
Investors might want to bet on Foghorn Therapeutics Inc. (FHTX) , as it has been recently upgraded to a Zacks Rank #2 (Buy). An upward trend in earnings estimates -- one of the most powerful forces impacting stock prices -- has triggered this rating change.The Zacks rating relies solely on a company's changing earnings picture. It tracks EPS estimates for the current and following years from the sell-side analysts covering the stock through a consensus measure -- the Zacks Consensus Estimate.Since a changin ...
Wall Street Analysts Predict a 124.31% Upside in Foghorn Therapeutics Inc. (FHTX): Here's What You Should Know
Zacks Investment Research· 2024-03-13 14:56
Foghorn Therapeutics Inc. (FHTX) closed the last trading session at $6.54, gaining 5.1% over the past four weeks, but there could be plenty of upside left in the stock if short-term price targets set by Wall Street analysts are any guide. The mean price target of $14.67 indicates a 124.3% upside potential.The average comprises six short-term price targets ranging from a low of $6 to a high of $20, with a standard deviation of $5.61. While the lowest estimate indicates a decline of 8.3% from the current pric ...
Foghorn Therapeutics Inc. (FHTX) Reports Q4 Loss, Tops Revenue Estimates
Zacks Investment Research· 2024-03-07 14:21
Foghorn Therapeutics Inc. (FHTX) came out with a quarterly loss of $0.57 per share versus the Zacks Consensus Estimate of a loss of $0.79. This compares to loss of $0.69 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 27.85%. A quarter ago, it was expected that this company would post a loss of $0.72 per share when it actually produced a loss of $0.34, delivering a surprise of 52.78%.Over the last four quarters, the company ha ...
Foghorn Therapeutics Provides Financial Update for 2023 and 2024 Strategic Outlook
Newsfilter· 2024-03-07 12:00
• Dose escalation in FHD-286 combination study in AML continues to progress; clinical data anticipated in the second half of 2024 • FHD-909, a first-in-class BRM selective inhibitor, selected for clinical development by partner Lilly; preclinical data to be presented at AACR with IND planned for the second quarter, primary target patient population in non-small cell lung cancer • Selective CBP and EP300 degrader preclinical data to be presented at AACR; IND-enabling studies for CBP degrader program planned ...
Foghorn Therapeutics(FHTX) - 2023 Q4 - Annual Report
2024-03-06 16:00
Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 _____________________________________________________________________________________________________________________________ ______________________FORM 10-K (Mark One) ¨ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission file number: 001-39634 ______________________________________________________________________________________________ ...
Foghorn Therapeutics(FHTX) - 2023 Q4 - Annual Results
2024-03-06 16:00
Peter Kelleher, LifeSci Advisors (Investors) pkelleher@lifesciadvisors.com • Selective CBP and EP300 degrader preclinical data to be presented at AACR; IND-enabling studies for CBP degrader program planned to begin by end of 2024 • Foghorn anticipates at least six new INDs targeting significant oncology patient populations over the next four years, reflecting the continued productivity of its precision medicine platform • Cash, cash equivalents, and marketable securities of $234.1 million, as of December 31 ...
Foghorn Therapeutics to Present New Preclinical Data at 2024 AACR Annual Meeting, Reflecting Advances with Multiple Potential First-in-Class Medicines, including the Selective Inhibitor of BRM, FHD-909
Newsfilter· 2024-03-05 21:48
Poster presentation of FHD-909, a first-in-class oral BRM selective inhibitor, highlighting preclinical efficacy and safety in multiple mouse models of NSCLC; IND filing planned in Q2 2024 Oral presentation demonstrating preclinical efficacy and tolerability data for Selective CBP and Selective EP300 degraders; Significant anti-tumor activity observed, with no thrombocytopenia as historically observed with dual CBP/EP300 inhibitors Additional poster presentation demonstrating long-acting degrader capabiliti ...
Foghorn Therapeutics to Present New Preclinical Data at 2024 AACR Annual Meeting, Reflecting Advances with Multiple Potential First-in-Class Medicines, including the Selective Inhibitor of BRM, FHD-909
Globenewswire· 2024-03-05 21:48
Poster presentation of FHD-909, a first-in-class oral BRM selective inhibitor, highlighting preclinical efficacy and safety in multiple mouse models of NSCLC; IND filing planned in Q2 2024 Oral presentation demonstrating preclinical efficacy and tolerability data for Selective CBP and Selective EP300 degraders; Significant anti-tumor activity observed, with no thrombocytopenia as historically observed with dual CBP/EP300 inhibitors Additional poster presentation demonstrating long-acting degrader capabiliti ...
Foghorn Therapeutics to Participate in Cowen's 44th Annual Health Care Conference
Newsfilter· 2024-02-28 12:00
CAMBRIDGE, Mass., Feb. 28, 2024 (GLOBE NEWSWIRE) -- Foghorn® Therapeutics Inc. (NASDAQ:FHTX), a clinical-stage biotechnology company pioneering a new class of medicines that treat serious diseases by correcting abnormal gene expression, today announced that it will participate in Cowen's 44th Annual Health Care Conference, which is taking place on March 4–6, 2024, at the Boston Marriott Copley Place in Boston, MA. With an initial focus in oncology, Foghorn's Gene Traffic Control® platform and resulting broa ...