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TNTNGX

Tango Therapeutics, Inc.

$TNGX·$3.4B·Biotechnology·Healthcare
$25.60-0.2%YTD+231.8%1Y+269.9%
Mentions · last 7 days
2026-08-07: 5 posts2026-08-08: 0 posts2026-08-09: 1 posts2026-08-10: 11 posts2026-08-11: 22 posts2026-08-12: 19 posts2026-08-13: 7 posts65+35%
Price updated 13h ago·X counts updated 1d ago
TNTNGX
$TNGXTango Therapeutics, Inc.
$25.60-0.19%65 posts+35%
AI analysisFundamentalsVoices on X
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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 eventAcceleratingAI verdict · as of 2026-08-15

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

Tango Therapeutics is +270% YoY on vopimetostat + daraxonrasib combo — 92% ORR in MTAP-RAS PDAC, Stifel/Mizuho $40 PTs, $4.8B peak sales.

Tango Therapeutics is a clinical-stage synthetic-lethal cancer biotech — the equity is a real catalyst-play now compounding on the specific vopimetostat + daraxonrasib combo data in MTAP-deleted RAS-mutant PDAC.

  • The vopimetostat + daraxonrasib combo showed 92% ORR in MTAP-deleted RAS-mutant PDAC — that's the specific efficacy proof point driving the +270% YoY move.
  • Stifel and Mizuho both at $40 PT/Buy with models pointing to $4.8B peak PDAC sales — that's a real sell-side conviction chain supporting the compounding thesis.
  • Multiple upcoming 2H26 readouts not in models: NSCLC monotherapy, TNG456 in GBM. ~42% short float noted as fuel.
  • Q2 small miss: EPS -$0.37 vs -$0.32 (-17%). Position at 69% of 52w, -11% below 50d but +39% above 200d MA — coiled after +232% YTD run. Analysts: rev $6M FY26 → $751M FY30, EPS positive by FY30.

November 3 is the next print — additional PDAC data update and NSCLC readout commentary extends the run; any specific vopimetostat safety event or a NSCLC readout disappointment is the invalidator. The real risk on a pre-commercial biotech post +270% is that any negative readout compresses the multiple fast.

Agrees with X sentimentAgrees with the X bulls on all specific fact patterns — vopimetostat + daraxonrasib combo 92% ORR in MTAP-RAS PDAC, Stifel/Mizuho $40 PT/Buy, $4.8B peak PDAC sales, upcoming 2H26 NSCLC and GBM readouts, ~42% short float. Real proof points support the compounding thesis.

What to watch: November 3 Q3 print — additional PDAC data and NSCLC readout commentary. A follow-through extends the run; vopimetostat safety event or NSCLC disappointment is the invalidator.

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

price missing

X sentiment

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

Bullish sentiment18 posts analyzed · as of 2026-08-14

Tango Therapeutics posts are strongly bullish on the vopimetostat + daraxonrasib combo — 92% ORR in MTAP-deleted RAS-mutant PDAC, Stifel and Mizuho both at $40 PT/Buy, models pointing to $4.8B peak PDAC sales. Multiple upcoming 2H26 readouts (NSCLC monotherapy, TNG456 in GBM) not yet in models. ~42% short float noted as fuel.

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

Top industry ETF

$IBBiShares Biotechnology ETF
+12.1%YTD
+44.4%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 $-0.33

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.0.6×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.69%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.-10.6%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.+39.2%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 today1.4% 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

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$304KSellFeb 25Adam CrystalPresident54.3K sh$694K
+ 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.

+ 29 other (12 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.

TNGX Stock Dips 5% as Q2 Earnings Miss Estimates on Higher Expenseszacks.com·3d agoTango Therapeutics Announces Executive Chair Transitionglobenewswire.com·9d ago4 Biotech Stocks Likely to Outpace Q2 Earnings Estimateszacks.com·12d agoTango Therapeutics, Inc. (NASDAQ:TNGX) Given Average Recommendation of “Moderate Buy” by Analystsdefenseworld.net·12d agoHow Much Upside is Left in Tango Therapeutics (TNGX)? Wall Street Analysts Think 49.48%zacks.com·24d ago

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