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TNTNGX

Tango Therapeutics, Inc.

Trending onWhy it's trendingX chatter spiked vs its recent normPrice and volume picking up
$TNGX·$3.9B·Biotechnology·Healthcare
$28.93+4.7%YTD+212.3%1Y+335.3%
Mentions · last 7 days
2026-07-10: 29 posts2026-07-11: 14 posts2026-07-12: 25 posts2026-07-13: 49 posts2026-07-14: 23 posts2026-07-15: 59 posts2026-07-16: 53 posts252+15%
Price updated 49m ago·X counts updated 16h ago
TNTNGX
$TNGXTango Therapeutics, Inc.
$28.93+4.65%252 posts+15%
AI analysisFundamentalsVoices on X
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AI verdict & sentimentAI analysisGenerated by AI from underlying data

Today's AI verdict on what's driving $TNGX, plus how loud the X conversation is and which way it's leaning.

AI analysis

TickerTalks’ read on the fundamentals and what’s driving the move.

Driven by hypeAcceleratingAI verdict · as of 2026-07-16

The move is getting stronger, with heavier trading behind it.

Tango Therapeutics up 412% in a year on KRAS synthetic-lethality thesis — LLY takeout speculation persists.

Tango Therapeutics is a clinical-stage precision-oncology biotech developing synthetic-lethality-based cancer therapies — vopimetostat and other compounds targeting specific genetic mutations. The stock is up 412% over the past year on continued clinical progress and M&A speculation.

  • Revenue is essentially zero with -206% operating margin — this is a pre-commercial biotech; the equity value depends on vopimetostat progression and the biotech M&A environment.
  • The June 9 underwritten offering (18.17M shares at $30.00) plus pre-funded warrants for 1.83M additional shares — real capital raise at the recent high levels; $30 became the reference price the community now cites.
  • The PT raised to $46 Cana with Vopimetostat providing competitive value in KRAS is real sell-side conviction; LLY expected to heavily bid on ERAS/TNGX per corpus captures the specific M&A speculation.
  • June 23 8-K officer/director change plus Robert Azelby's June 23 A-Award ($1M) signals continued alignment; officer Adam Crystal's July 2 $800K sale is worth naming.
  • 52-week position 86th percentile with position vs 200-day MA +86% — the tape is at extreme above-trend levels; short interest above 20% adds specific squeeze mechanics on top of the M&A speculation.

August 4 Q2 earnings is procedural; the real catalysts are continued vopimetostat clinical progress and any Eli Lilly M&A activity. Continued positive clinical data plus an actual LLY takeout is where +412% T12M continues; a Phase 2 durability concern or failed M&A speculation is where the multiple compresses. Real precision-oncology franchise with real M&A speculation and 20%+ short interest — the setup is asymmetric event-heavy.

Agrees with X sentimentThe bullish X take on the $46 Cana PT raise, the vopimetostat competitive value in KRAS, and the LLY-ERAS/TNGX takeout speculation with 20%+ short interest is analytically fair on the M&A-and-squeeze setup. The Adam Crystal insider selling deserves being flagged despite the momentum.

What to watch: Aug 4 Q2 earnings plus continued vopimetostat clinical progress and any Eli Lilly M&A activity — positive clinical data plus actual LLY takeout is where +412% T12M continues. A Phase 2 durability concern or failed M&A is where the multiple compresses.

On the calendar: 2026-08-04 — Q2 earnings

X sentiment

What the X crowd is saying right now — descriptive, summarised from the day’s posts.

Bullish sentiment5 posts analyzed · as of 2026-07-03

Tango Therapeutics (TNGX) got PT raised to $46 Cana with Vopimetostat providing competitive value in KRAS. LLY expected to heavily bid on ERAS/TNGX. SI still >20% while price was around $32. The tone is aggressive long positioning into the biotech M&A catalyst.

Read the AI verdict + X sentiment for $TNGX

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  • Next dated catalyst when there is one (earnings, deal closing, activist clock)
  • X crowd read with bullish/bearish call + post volume
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What it does

Plain-English summary of the business — what they sell and how they make money.

Develops synthetic lethal oncology drugs exploiting cancer-specific genomic vulnerabilities identified via CRISPR screening.

Industry overviewAI analysisGenerated by AI from underlying data

Where Biotechnology sits in its cycle right now — and what that implies for $TNGX.

Biotechnology · Healthcare

No material change from last week — ADA conference oral formulation competition is bifurcating biotech multiples between GLP-1 platform holders and precision oncology innovators.

What this means for $TNGX

Partial — Develops synthetic lethal oncology drugs exploiting cancer-specific genomic vulnerabilities identified via CRISPR screening; the GLP-1 pipeline bifurcation and ADA oral formulation competition creates tailwinds for one product line, not the full operation.

Top industry ETF

$IBBiShares Biotechnology ETF
+11.7%YTD
+44.5%1Y

Fundamentals & catalyst

Profitability, valuation, and the next earnings event — at a glance, with rule-of-thumb signals.

Key ratios

P/E
-27.1How much investors are paying per dollar of profit the company actually earned in the last 12 months. Lower means the stock looks cheaper relative to earnings.~15–25 is typical for the S&P 500; high-growth names trade 30+; hyper-growth or speculative can be 100+ or negative.
ROIC
-27.7%What percentage return the business earns on every dollar of capital (equity + debt) deployed in operations. The cleanest measure of business quality.Above ~15% is high-quality; consistently above 25% suggests a real moat. Below the company's cost of capital is value-destroying.
Op margin
-206%Operating profit (after sales, marketing, R&D, and overhead but before interest and taxes) as a percentage of revenue. The clearest view of how well the underlying business is run.Mature business above 20% is healthy; software businesses can run 30%+; commodity / retail businesses operate in single digits.
FCF yield
-6.1%Free cash flow (operating cash flow minus capex) divided by the company's market cap. The cash-on-cash return you'd get owning the whole business at today's price.Above ~5% is attractive; below ~2% means you're paying up for growth. Capital-light businesses (software) run higher than capital-heavy ones (utilities).
P/S
41.2Same idea as P/E but per dollar of revenue. Useful for companies that aren't profitable yet, where P/E is meaningless.Under ~2 is cheap; software / SaaS often runs 8–15; well above 20 implies the market is pricing in very high future growth.
ROE
-41.5%Net income as a percentage of shareholders' equity. Similar to ROIC but counts only the equity side.Above 20% is strong, but can be inflated by leverage — a heavily indebted company can show high ROE with weak underlying ROIC.
Gross margin
97.3%Revenue minus the direct cost of producing what was sold, as a percentage of revenue. The first read on whether the product is structurally profitable.Software / SaaS is typically 70%+; consumer goods 30–50%; commodity / hardware businesses can be under 20%.
D/E
0.1Total debt divided by shareholders' equity. Measures how much the business runs on borrowed money versus owner capital.Under 1 is conservative; 1–2 is typical for mature businesses; over 2 is leveraged and more sensitive to interest rates.

Past earnings

QuarterReportedActualEstimateSurprise
Q1 2026May 13, 2026$-0.32$-0.31-2.0%
Q4 2025Mar 5, 2026$-0.29$-0.31+6.5%
Q3 2025Nov 4, 2025$0.13$0.01+1200.0%
Q2 2025Aug 5, 2025$-0.35$-0.350.0%
Next earningsTue, Aug 4·consensus EPS $-0.31

Quarterly trend

QuarterRevenueYoYGrossOpEPSFCF
Q1 FY26$0-100.0%——$-0.32$-44.4M
Q4 FY25$0-100.0%——$-0.30$-29.9M
Q3 FY25$53.8M+363.6%100%26.2%$0.14$-31.1M
Q2 FY25$3.2M-84.0%80.4%-1288%$-0.35$-37.1M

Forward consensus

5-year forecast · up to 10 analysts
FYRevenueRangeEPSRangeAnalysts
FY26$6.1M$6.1M – $6.1M-$1.30-$1.46 – -$1.177
FY27$3.9M$3.9M – $3.9M-$1.54-$1.79 – -$1.217
FY28$62.4M$62.4M – $62.4M-$1.67-$1.97 – -$1.1410
FY29$272.6M$272.6M – $272.6M-$0.97-$0.97 – -$0.975
FY30$750.5M$750.5M – $750.5M$1.20$1.20 – $1.205

Setup & momentum

Volume, range, and moving-average position — the technical setup driving short-term moves.

Right now

Vol vs 30dToday's traded share volume divided by the average over the prior 30 trading days. ≥3× signals unusual interest; below 1× is quiet.0.7×Today's traded share volume divided by the average over the prior 30 trading days. ≥3× signals unusual interest; below 1× is quiet.
52w rangeWhere the latest close sits between the 52-week low (0%) and high (100%). Above 80% is extended; below 30% is basing or in a downtrend.76%Where the latest close sits between the 52-week low (0%) and high (100%). Above 80% is extended; below 30% is basing or in a downtrend.
vs 50d MALatest close vs the 50-day simple moving average. Positive = short-term trend is up.+4.6%Latest close vs the 50-day simple moving average. Positive = short-term trend is up.
vs 200d MALatest close vs the 200-day simple moving average. Positive = long-term trend is up.+68.7%Latest close vs the 200-day simple moving average. Positive = long-term trend is up.

Float & profile

FloatMid float · 82.0M shFree-float shares — the slice of issued stock actually available to trade. Lower buckets squeeze harder on a catalyst.Traded today4.6% of floatToday's volume as a percent of the free float. Above 5% on a single day is unusually high turnover for the available share count.β1.135-year weekly beta vs the S&P 500. Above 1.5 means the stock typically moves more than the index; below 0.8 moves less.FilingActive offeringA shelf registration (S-3 / S-3ASR / S-1) or prospectus supplement (424B*) was filed in the last 90 days — the company is registered to (or actively) issuing new shares. Dilution risk.

Insider activity

Recent open-market buys and sells by officers and directors — flagged when multiple insiders cluster.

Recent transactions

SellJul 1Adam CrystalPresident27.0K sh$799KSellJun 1Adam CrystalPresident27.0K sh$618KSellMay 1Adam CrystalPresident27.0K sh$573KSellApr 15Adam CrystalPresident38.5K sh$962KSellApr 1Adam CrystalPresident27.0K sh$572KSellMar 25Adam CrystalPresident12.0K sh$241KSellMar 5Adam CrystalPresident20.3K sh$304KSellFeb 25Adam CrystalPresident54.3K sh$694KSellFeb 3Daniella BeckmanCFO10.3K sh$127KSellFeb 3Adam CrystalPresident18.5K sh$226K
1–10 of 11
+ 16 other (10 awards · 6 exempts) in window

See when $TNGX insiders are putting their own money in

  • Real-time open-market buys and sells from Form 4 filings
  • Cluster-buy detection when multiple insiders pile in at once
  • 30 / 60 / 180-day windows so you can spot building conviction
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SEC filings

Material 8-K, 13D, S-3, and 424B5 events from the last 180 days — the filings that actually move the price.

Recent material filings

3New insider — initial holdingsJun 233
AI summary

Form 3 filed by Azelby Robert (Other (specify below) 6. Individual or Joint/Group Filing (Check Applicable Line) X Form filed by One Reporting Person Form filed by More than One Reporting Person Table I - Non-Derivative Securities Beneficially Owned 1. Title of Security (Instr. 4) 2. Amount of Securities Beneficially Owned (Instr. 4) 3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) 4. Nature of Indirect Beneficial Ownership (Instr. 5) Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities) 1. Title of Derivative Security (Instr. 4) 2. Date Exercisable and Expiration Date (Month/Day/Year) 3. Title and Amount of Securities Underlying Derivative Security (Instr. 4) 4. Conversion or Exercise Price of Derivative Security 5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) 6. Nature of Indirect Beneficial Ownership (Instr. 5) Date Exercisable Expiration Date Title Amount or Number of Shares Explanation of Responses: Remarks: Exhibit 24: Power of Attorney No securities are beneficially owned. /s/ Julie Fogarty, as attorney-in-fact 06/23/2026 ** Signature of Reporting Person Date Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. * If the form is filed by more than one reporting person, see Instruction 5 (b)(v). ** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a). Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure. Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number. * Form 3: SEC 1473 (03-26)) at TNGX on 2026-06-23. This initial statement of beneficial ownership reports the filer's securities holdings as required under Section 16(a). Filing is routine and indicates an insider's initial ownership disclosure following appointment or acquisition of 10%+ stake.

8-KOfficer or director changeJun 238-K — Item 5.02: Officer or director change
AI summary

Delaware 001-39485 85-1195036 reported an officer/director change: intment of Certain Officers; Compensatory Arrangements of Certain Officers. On June 19, 2026, the Board of Directors (the “Board”) of Tango Therapeutics, Inc. (the “Company”) increased the number of directors of the Company to seven (7). Effective June 19, 2026, the Board appointed Robert Azelby as a director of the Company to fill the newly created vacancy on the Board resulting from the increase.

8-KMaterial agreementJun 108-K — Item 1.01: Material agreement
AI summary

Tango Therapeutics entered into an underwriting agreement on June 9, 2026, with J.P. Morgan and Leerink Partners for an underwritten offering of 18,166,667 shares of common stock and pre-funded warrants to purchase up to 1,833,395 additional shares, all priced at $30.00 per share (or $29.999 for pre-funded warrants). Underwriters received a 30-day option for up to 3,000,009 additional shares. The total offering represents approximately 20 million shares (including pre-funded warrants) raising approximately $600 million gross at $30.00. This is a substantial primary capital raise for a clinical-stage oncology company, highly dilutive but providing significant runway for pipeline advancement.

424B5Prospectus supplement (offering)Jun 10424B5
AI summary

Tango Therapeutics filed a 424B5 prospectus supplement for an offering of 18,166,667 shares of common stock at $30.00 per share, plus pre-funded warrants for up to 1,833,395 additional shares at $29.999 each (exercise price $0.001), underwritten by J.P. Morgan and Leerink Partners. A 30-day overallotment option covers up to 3,000,009 additional shares at the same price. Total gross proceeds from the base offering are approximately $600 million (shares plus warrants). This is a large dilutive equity raise for a clinical-stage oncology company; the $30.00 pricing relative to the $31.56 prior close suggests modest discount, and the pre-funded warrant structure accommodates certain buyers with ownership concentration constraints.

424B5Prospectus supplement (offering)Jun 8424B5
AI summary

Tango Therapeutics, Inc. filed a preliminary prospectus supplement (424B5) for an underwritten common stock offering under its existing automatic shelf (Reg. No. 333-291684), with share count, pricing, and total proceeds left blank pending final terms. Joint book-runners are J.P. Morgan, Leerink Partners, Cantor, and Stifel; an overallotment option will be granted. Dilutive equity offering with size TBD — the concurrent 8-K (same date) announcing Phase 1/2 clinical data suggests proceeds will fund ongoing trials.

8-KPress release / Reg FDJun 88-K — Item 7.01: Press release / Reg FD · Item 8.01: Other event
AI summary

Tango Therapeutics (TNGX) disclosed initial Phase 1/2 data as of May 28, 2026 for vopimetostat combined with Revolution Medicines' RAS(ON) inhibitors (daraxonrasib and zoldonrasib) in MTAP-deleted/RAS-mutant metastatic pancreatic ductal adenocarcinoma and NSCLC, involving 59 patients across two arms (20 PDAC daraxonrasib, 34 PDAC zoldonrasib, 5 NSCLC daraxonrasib); patients were heavily pretreated with high liver metastasis rates. This is a key clinical catalyst readout — the combination trial in an aggressive tumor type with high unmet need; efficacy details are in the attached press release.

8-KShareholder voteJun 48-K — Item 5.07: Shareholder vote
AI summary

TNGX (TNGX) disclosed the results of its annual meeting of shareholders in an 8-K filing under Item 5.07. Shareholders voted on an advisory say-on-pay resolution, ratification of the independent auditor. All management-sponsored proposals were approved by majority shareholder vote. Annual meeting results are a routine disclosure that confirms shareholder ratification of the board's composition and compensation practices.

8-KOfficer or director changeMay 138-K — Item 2.02: Earnings release · Item 5.02: Officer or director change
AI summary

TNGX reported period ending 2026-05-13 financial results (8-K Item 2.02). Investors should review the full earnings press release and any management guidance for forward outlook.

+ 29 other (17 13Gs · 2 8-Ks · 2 3s · 2 proxys) in window

Recent news

Latest headlines from major outlets, sourced and timestamped — context for whatever just moved.

Is TNGX Stock Still Worth Buying After Its Huge Rally in 2026?zacks.com·15d agoTango Therapeutics Rides a New Precision Oncology Trend in 2026zacks.com·15d agoTNGX Stock Outlook Hinges on Vopimetostat and Key 2026 Catalystszacks.com·15d agoTango Therapeutics Appoints Robert Azelby to Board of Directorsglobenewswire.com·25d agoTango Therapeutics Announces Pricing of $600 Million Upsized Public Offeringglobenewswire.com·38d ago

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Voices on X · last 7 days

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