TickerTalks
Browse all tickers →
TickerTalks›$TNGX
TNTNGX

Tango Therapeutics, Inc.

$TNGX·$3.4B·Biotechnology·Healthcare
$23.34-7.7%YTD+231.8%1Y+242.2%
Mentions · last 7 days
2026-08-19: 6 posts2026-08-20: 7 posts2026-08-21: 4 posts2026-08-22: 1 posts2026-08-23: 4 posts47-19%
Price updated 1d ago·X counts updated 6d ago
TNTNGX
$TNGXTango Therapeutics, Inc.
$23.34-7.67%47 posts-19%
AI analysisFundamentalsVoices on X
Loading…

AI verdict & sentimentAI analysisGenerated by AI from underlying data

Top X posts

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.

Hinges on a big eventCooling offAI verdict · as of 2026-08-29

Catching its breath after a run — could pick back up or fade from here.

PRMT5-inhibitor biotech up 232% YTD — RVMD's RASONQUE approval validates RAS-pathway readthrough.

Tango Therapeutics develops small-molecule synthetic-lethal cancer therapies — lead candidate TNG908 (PRMT5 inhibitor for MTAP-deleted tumors) plus a pipeline including TNGX+ERAS combinations. The recent RVMD RASONQUE approval for pancreatic cancer creates specific RAS-pathway validation readthrough.

What's actually here:

  • Revenue is functionally zero — the last four quarters were essentially zero with a Q3 one-time milestone; consensus FY26 revenue of $10M growing to FY28 $60M reflects modest partnership milestones ahead of any commercial launch.
  • The economics are burn-heavy — Q1 operating margin against no revenue, FCF -$44M per quarter, and consensus FY26 EPS of -$1.29 widening to FY27 -$1.49; the $3.37B market cap reflects heavy option value on TNG908 and pipeline.
  • The RAS-pathway readthrough is a specific catalyst — RVMD's daraxonrasib approval for metastatic pancreatic cancer validates the underlying RAS-driven cancer thesis; TNGX's synthetic-lethal PRMT5-inhibitor mechanism sits adjacent in the RAS-related therapeutic strategy.
  • The tape is digesting — position 60.7% of the 52-week range, 16% below the 50-day, 21% above the 200-day, on 0.90x volume; day -7.67% shows the +232% YTD run is drawing profit-taking, though ADAR1 Capital's $2.40M new position is a specific institutional buy at these levels.

The forward path is that Q3 earnings on Nov 3 with any TNG908 clinical-progression commentary or TNGX+ERAS combination trial update is the specific event; the specific catalyst is any interim Phase 1/2 efficacy readout. The bear case is that PRMT5-inhibitor Phase 1/2 data underwhelms and the pipeline requires additional years of development, or that RAS-pathway competition from GSK 3535 or other synthetic-lethal candidates compresses TNGX's differentiation.

Agrees with X sentimentThe bullish X read on RVMD's RASONQUE approval validating the RAS pathway with readthrough for TNGX PRMT5 inhibitor, 43M shorts, and TNGX+ERAS combo starting soon is grounded on the specific mechanism-adjacency and the short-setup data.

What to watch: Q3 earnings on Nov 3 — specifically TNG908 Phase 1/2 clinical progression, TNGX+ERAS combo trial initiation, and any partnership milestone commentary.

On the calendar: 2026-11-03 — Q3 2026 earnings

ras pathway readthroughshort setup

X sentiment

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

Bullish sentiment5 posts analyzed · as of 2026-08-28

Tango Therapeutics posts are bullish following RVMD's FDA approval of RASONQUE for pancreatic cancer, which validates the RAS pathway and creates readthrough for TNGX PRMT5 inhibitor for MTAP-deleted. Bulls cite 43M shorts and TNGX+ERAS combo starting soon. Sample small; tone dominates bullish.

Read the AI verdict + X sentiment for $TNGX

  • One-line verdict on what's driving the move — fundamentals, momentum, both, or an event
  • Next dated catalyst when there is one (earnings, deal closing, activist clock)
  • X crowd read with bullish/bearish call + post volume
Free, forever. No credit card.

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; partial earnings exposure to biotechnology demand dynamics through its product portfolio.

Top industry ETF

$IBBiShares Biotechnology ETF
+12.1%YTD
+51.2%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
Q2 2026Aug 10, 2026$-0.37$-0.32-16.6%
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%
Next earningsTue, Nov 3·consensus EPS $-0.34

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-$1.29-$1.46 – -$1.098
FY27$3.5M$3.5M – $3.5M-$1.49-$1.82 – -$1.177
FY28$62.4M$62.4M – $62.4M-$1.67-$2.41 – -$1.1010
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.0.9×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.61%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.-15.8%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.+21.4%Latest close vs the 200-day simple moving average. Positive = long-term trend is up.

Float & profile

FloatMid float · 106.3M shFree-float shares — the slice of issued stock actually available to trade. Lower buckets squeeze harder on a catalyst.Traded today1.9% 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.β1.155-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

SellAug 3Adam CrystalPresident27.0K sh$736KSellJul 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$304K
+ 14 other (7 exempts · 7 awards) 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
Free, forever. No credit card.

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

424B5Prospectus supplement (offering)Aug 11424B5
AI summary

Tango Therapeutics (TNGX) filed a prospectus supplement for its ATM offering of common stock through Leerink Partners, which receives up to 3.0% commission on gross sales per share. Funds are not held in escrow. This ATM program provides ongoing equity financing for Tango's oncology pipeline.

8-K/AOfficer or director change (amended)Aug 78-K/A — Item 5.02: Officer or director change · Item 7.01: Press release / Reg FD
AI summary

Tango Therapeutics (TNGX) filed an 8-K/A on August 7, 2026 to add terms of Dr. Barbara Weber's separation agreement, executed August 6, 2026. The Separation Agreement covers Weber's departure terms as Executive Chair, whose employment ended August 3, 2026 per her Amended and Restated Employment Agreement dated January 8, 2026.

8-KOfficer or director changeAug 68-K — Item 5.02: Officer or director change
AI summary

Tango Therapeutics (TNGX) disclosed that Dr. Barbara Weber's employment as Executive Chair ended August 3, 2026, as scheduled under her Amended and Restated Employment Agreement dated January 8, 2026. Per the agreement terms, Weber is deemed to have resigned rather than been terminated, which affects severance entitlement.

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.

+ 32 other (15 13Gs · 5 8-Ks · 2 earnings 8-Ks · 2 10-Qs) in window

Recent news

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

Algert Global LLC Grows Position in Tango Therapeutics, Inc. $TNGXdefenseworld.net·3d agoTango Therapeutics, Inc. $TNGX Shares Sold by Bank of America Corp DEdefenseworld.net·4d agoADAR1 Capital Management LLC Invests $2.40 Million in Tango Therapeutics, Inc. $TNGXdefenseworld.net·4d agoTango Therapeutics: Promising Early Data, But A Long Road Aheadseekingalpha.com·14d agoTNGX Stock Dips 5% as Q2 Earnings Miss Estimates on Higher Expenseszacks.com·18d ago

In themes

Explore the broader themes this ticker is being talked about under.

AI Precision Medicine

More in Biotechnology

Peers in the same group — one click to compare setups, fundamentals, and chatter.

$MRNA$ALT$AURA$IOVA$NWBO$SLS$AMLX$ABCL
Voices on X · top 5 · last 7 days

TickerTalks is a research tool, not financial advice. We surface social-attention data; we do not make stock recommendations. Past attention is not predictive of future price movements.

PrivacyTermsSupport