Tango Therapeutics(TNGX)
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Avoro Capital Advisors LLC Takes $4.58 Million Position in Tango Therapeutics, Inc. $TNGX
Defense World· 2026-03-14 07:07
Core Insights - Avoro Capital Advisors LLC acquired a new stake in Tango Therapeutics, purchasing 545,000 shares valued at approximately $4.58 million, representing about 0.40% ownership of the company [2] - Several institutional investors have increased their stakes in Tango Therapeutics, with Dynamic Technology Lab Private Ltd increasing its stake by 139.7% and Ameritas Investment Partners Inc. raising its stake by 78.8% [3] - Tango Therapeutics has a market capitalization of $2.47 billion, with a 1-year price range of $1.03 to $17.63 and a current trading price of $17.30 [4] Financial Performance - Tango Therapeutics reported an EPS of -$0.29, exceeding the consensus estimate of -$0.31 by $0.02, with a negative net margin of 151.15% and a negative return on equity of 50.30% [5] - Analysts forecast an EPS of -$1.19 for the current fiscal year [5] Analyst Ratings - HC Wainwright raised its price target for Tango Therapeutics from $13.00 to $27.00, while Stifel Nicolaus increased its target from $15.00 to $24.00, both giving a "buy" rating [6] - The average rating for Tango Therapeutics is "Moderate Buy" with a consensus target price of $19.50 [6] Insider Transactions - CFO Daniella Beckman sold 10,317 shares at an average price of $12.26, resulting in a 5.30% decrease in her position [7] - Director Barbara Weber sold 30,519 shares at the same average price, representing a 1.84% decrease in her holdings [7] Company Overview - Tango Therapeutics is a clinical-stage biotechnology company focused on developing precision medicines that target genetic vulnerabilities in cancer cells [8] - The company's lead pipeline includes early-stage programs aimed at selectively disabling DNA repair proteins in tumor cells [9]
Tango Therapeutics’ (TNGX) Sees Cautious Analyst Optimism Following Earnings
Yahoo Finance· 2026-03-13 18:50
Tango Therapeutics Inc. (NASDAQ:TNGX) is one of the 11 Best Day Trading Stocks to Buy Now. Financial firm Mizuho raised its share price target for Tango Therapeutics Inc. (NASDAQ:TNGX) on March 11th. It slightly adjusted the target to $20 from $19 and kept an Outperform rating on the stock. Mizuho’s coverage came after the precision oncology company reported its earnings for the fourth quarter and full year 2025. The results saw Tango Therapeutics Inc. (NASDAQ:TNGX) post $343 million in cash and outline t ...
Tango Therapeutics (NasdaqGM:TNGX) 2026 Conference Transcript
2026-03-11 20:02
Tango Therapeutics (NasdaqGM:TNGX) 2026 Conference March 11, 2026 03:00 PM ET Company ParticipantsMalte Peters - President and CEOConference Call ParticipantsAndrew Berens - Senior Research AnalystAndrew BerensAndrew Berens, Senior Biotech Analyst, Targeted Oncology at Leerink Partners. Very excited to have with us Tango Therapeutics, the CEO, Malte Peters. Thank you for joining us.Malte PetersThank you, Andy. Thanks Leerink for having us. We are excited to be here and share some updates on our end.Andrew B ...
Wedbush Reaffirms Outperform Rating for Tango Therapeutics (TNGX)
Yahoo Finance· 2026-03-10 12:03
Core Insights - Tango Therapeutics Inc. (NASDAQ:TNGX) is identified as one of the 10 most shorted biotech stocks to consider for investment by hedge funds [1] - Wedbush has raised the price target for Tango Therapeutics from $15 to $19, maintaining an Outperform rating, indicating a potential upside of over 12% [1] - Mizuho has also initiated coverage with an Outperform rating and a $19 price target, highlighting the potential of vopimetostat as a first-in-class and best-in-class therapy [4] Company Overview - Tango Therapeutics is a precision oncology company focused on developing targeted treatments for cancer patients with limited options [6] - The company's pipeline targets specific genetic vulnerabilities in tumors, with therapies in clinical trials aimed at challenging cancers such as pancreatic cancer, lung cancer, and glioblastoma [6] Product Development - Vopimetostat, a protein arginine methyltransferase 5 inhibitor, is on track to enter its first pivotal study in 2026, focusing on second-line pancreatic ductal adenocarcinoma [2] - Mizuho estimates that Tango could achieve $1.8 billion in risk-adjusted worldwide sales of vopimetostat by 2035, with positive Phase I data expected in 2026 [5]
X4 Pharmaceuticals, Immuneering and Tango Therapeutics Are Getting New Analyst Attention
247Wallst· 2026-03-09 15:15
Core Viewpoint - Analyst sentiment has turned positive for X4 Pharmaceuticals, Immuneering, and Tango Therapeutics, with new or maintained Buy ratings ahead of pivotal clinical trial readouts in 2026 [1] Group 1: Company Summaries - **X4 Pharmaceuticals (XFOR)**: Received a Buy rating from Guggenheim with a price target of $12, indicating significant upside from the current trading price of $3.97. The company raised $240.3 million, extending its cash runway to the end of 2028, and is focused on mavorixafor, a potential first-in-class oral CXCR4 antagonist [1] - **Immuneering (IMRX)**: Maintained an Overweight rating from Piper Sandler with a revised price target of $12, down from $13. The company is on track for key clinical catalysts, including updated ctDNA data and Phase 2a survival data in pancreatic cancer expected in 2026 [1] - **Tango Therapeutics (TNGX)**: Stifel raised its price target to $24 from $15 while maintaining a Buy rating. The company has seen a significant stock increase of 87.25% year-to-date and is preparing for a pivotal study in pancreatic cancer [1] Group 2: Market Performance and Analyst Ratings - All three companies have received Buy or Overweight ratings from analysts, with substantial gaps between current trading prices and analyst targets, reflecting the binary nature of clinical-stage biotech [1] - X4 Pharmaceuticals has a consensus target of $9.33, more than double its current share price, while Immuneering has gained 257.24% over the past year but is down 17.48% year-to-date [1] - Tango Therapeutics is trading close to its 52-week high, indicating that much of the near-term re-rating has already occurred, with 10 of 11 analysts rating it a Buy or Strong Buy [1]
Tango Therapeutics (TNGX) Soars 52% on Buy Reco
Insider Monkey· 2026-03-08 01:20
Core Insights - Generative AI is viewed as a transformative technology by Amazon's CEO Andy Jassy, indicating its potential to significantly enhance customer experiences across the company [1] - Elon Musk predicts that by 2040, humanoid robots could create a market worth $250 trillion, representing a major shift in the global economy driven by AI innovation [2][3] - Major firms like PwC and McKinsey acknowledge the multi-trillion-dollar potential of AI, suggesting a broad consensus on its economic impact [3] Company and Industry Analysis - A breakthrough in AI technology is redefining work, learning, and creativity, leading to increased interest from hedge funds and top investors [4] - There is speculation about an under-owned company that may play a crucial role in the AI revolution, with its technology posing a threat to competitors [4][6] - Prominent figures in technology and investment, including Bill Gates and Warren Buffett, recognize AI as a significant advancement with the potential for substantial social benefits [8]
Tango Therapeutics Announces Inducement Grants Under Nasdaq Listing Rule 5635(c)(4)
Globenewswire· 2026-03-06 22:33
Core Points - Tango Therapeutics, Inc. announced the grant of stock options and restricted stock units (RSUs) to a new employee as part of its 2023 Inducement Plan [1][2] - The stock options granted total 367,500 shares with an exercise price of $11.94 per share, equal to the closing price on the grant date [3] - The RSUs granted total 60,000 shares, with a vesting schedule over three years [3] Company Overview - Tango Therapeutics is a clinical-stage biotechnology company focused on discovering novel drug targets and advancing precision medicine for cancer treatment [4] - The company utilizes the genetic principle of synthetic lethality to develop therapies targeting critical cancer-related pathways [4]
Tango Therapeutics: I'm Not Buying Into Latest Rally, Despite PRMT5 Promise (NASDAQ:TNGX)
Seeking Alpha· 2026-03-06 21:02
Core Viewpoint - Tango Therapeutics, Inc. (TNGX) experienced a significant stock price increase of approximately 43%, rising from around $12.4 to $17.4 per share following the release of its Q4 earnings report [1]. Company Summary - Tango Therapeutics is a Boston-based biotech company that reported a notable surge in its stock value, indicating positive market reception to its financial performance [1]. - The company is part of the broader biotech, pharma, and healthcare industries, which are currently experiencing key trends and catalysts that influence stock valuations [1]. Industry Summary - The biotech, pharma, and healthcare sectors are characterized by dynamic movements in stock prices, driven by earnings reports and other significant events [1]. - There is a growing interest among investors in understanding the catalysts that affect valuations within these industries, highlighting the importance of staying informed through dedicated investment groups [1].
TNGX Stock Hits Record High on Inking Collaboration Deal With ERAS
ZACKS· 2026-03-06 15:46
Key Takeaways TNGX shares surged 36.3% to a record high after ERAS announced a clinical trial collaboration and supply deal.ERAS will supply ERAS-0015 while TNGX sponsors a phase I/II combo study in MTAP-deleted RAS-mutant cancers.TNGX plans to initiate a pivotal study of vopimetostat monotherapy in MTAP-deleted pancreatic cancer in 2026.Shares of Tango Therapeutics (TNGX) surged 36.3% on Thursday to a record high after Erasca (ERAS) announced a clinical trial collaboration and supply agreement with the com ...
Tango Therapeutics (TNGX) Hits All-Time High as Analyst Turns Bullish
Insider Monkey· 2026-03-06 01:13
Core Insights - Generative AI is viewed as a transformative technology by Amazon's CEO Andy Jassy, indicating its potential to significantly enhance customer experiences [1] - Elon Musk predicts that humanoid robots could create a market worth $250 trillion by 2040, representing a major shift in the global economy driven by AI innovation [2] - Major firms like PwC and McKinsey acknowledge the multi-trillion-dollar potential of AI, suggesting a broad consensus on its economic impact [3] Company and Industry Analysis - A breakthrough in AI technology is redefining work, learning, and creativity, leading to increased interest from hedge funds and top investors [4] - There is speculation about an under-owned company that may play a crucial role in the AI revolution, with its technology posing a threat to competitors [4] - Prominent investors, including Bill Gates and Warren Buffett, recognize AI as a significant technological advancement with the potential for substantial social benefits [8] Market Trends - The AI ecosystem is expected to reshape how businesses, governments, and consumers operate globally, indicating a shift in market dynamics [2] - The enthusiasm for AI is reflected in the investments and partnerships of major tech companies, highlighting the competitive landscape [6][8]