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TNTNGX

Tango Therapeutics, Inc.

$TNGX·$3.6B·Biotechnology·Healthcare
$28.50+1.9%YTD+216.0%1Y+433.6%
Mentions · last 7 days
2026-06-16: 10 posts2026-06-17: 2 posts2026-06-18: 16 posts2026-06-19: 2 posts2026-06-20: 3 posts2026-06-21: 7 posts2026-06-22: 8 posts49-15%
Price updated 2d ago·X counts updated 2d ago
TNTNGX
$TNGXTango Therapeutics, Inc.
$28.50+1.89%49 posts-15%
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 2026-06-24

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

Tango Therapeutics is up 216% YTD on vopimetostat + RAS-ON pancreatic cancer data — and just closed a $600M upsized offering with Nextech VC selling $218M.

Tango Therapeutics (TNGX) is the Cambridge MA-based clinical-stage oncology biotech — synthetic lethal small molecules with PRMT5 inhibitor (vopimetostat in MTAP-deleted cancers), USP1 inhibitor (BRCA1/2-mutant), Target 3 (STK11-mutant), plus Gilead collaboration. The stock is up 216% year-to-date and 434% over twelve months as the vopimetostat data compounded.

  • The June 8 Phase 1/2 data is the pivotal catalyst: vopimetostat + Revolution Medicines RAS(ON) inhibitors (daraxonrasib, zoldonrasib) in MTAP-deleted/RAS-mutant metastatic PDAC and NSCLC, 59 patients across two arms — high-impact combination data in aggressive tumor type.
  • TNGX jumped 53% on the early pancreatic cancer study results per Zacks June 9.
  • The June 10 $600M upsized offering: 18,166,667 shares at $30.00 plus pre-funded warrants for ~1.83M additional, underwritten by J.P. Morgan and Leerink — $600M gross funding the pipeline through registrational studies.
  • Bulls cite 3/3 responses in Head & Neck cancer cohort expanded, 3/3 in lung MTAP + RAS double mutation, and 49% RR in other MTAP-deleted cancers as single agent.
  • The IDEAYA-Roche PRMT5i combination announcement re-rated TNGX positively per X.
  • Fundamentals are pure pre-revenue with milestone payments: Q1 2026 revenue was $0 with EPS of -$0.32 — four-quarter pattern shows ongoing burn against FY 2026 EPS consensus of -$1.32.
  • Nextech VC selling ~$105M mid-June plus 3.77M shares ($113M) filed for sale June 17 — coordinated institutional exit.
  • June 19 Robert Azelby board appointment plus officer Adam Crystal's $618K sale June 1.
  • Technical setup: 80% of 52-week range, +95% vs 200-day, beta 1.19 — parabolic with insider-cluster overlay.

The move stays accelerating if the August 4 Q2 print extends the cash runway after the $600M raise and vopimetostat Phase 3 progression materializes. Continued Nextech-style institutional selling extends the cooling.

Agrees with X sentimentX has the framing right — Nextech VC selling ~$105M mid-June plus 3.77M shares ($113M) filed for sale June 17, 3/3 responses in Head & Neck and lung MTAP + RAS double mutation, 49% RR in other MTAP-deleted cancers as single agent, IDEAYA-Roche PRMT5i combo re-rating, TNGX market cap nearly double IDYA on data strength — multi-angle bullish matches the fundamentals.

What to watch: The August 4 Q2 print on cash runway after the $600M raise, vopimetostat Phase 3 progression in MTAP-deleted/RAS-mutant cancers, plus continued Nextech-style institutional selling — clean Phase 3 execution extends the move; cluster selling extends the cooling.

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

recent offeringinstitutional sellingbinary catalyst

X sentiment

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

Bullish sentiment9 posts analyzed · as of 2026-06-20

Tango Therapeutics is being pressured by Nextech VC firm selling down its stake with roughly $105M sold in mid-June 2026 and another 3.77M shares ($113M) filed for sale around June 17. Bulls cite 3/3 responses in Head & Neck cancer cohort expanded, 3/3 in lung MTAP plus RAS double mutation, and 49% RR in other MTAP-deleted cancers as single agent. The IDEAYA-Roche PRMT5i combination announcement re-rates TNGX positively. TNGX market cap is now almost double IDYA on the data strength.

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

GLP-1 pipeline competition is the dominant structural driver — the ADA conference crystallized oral formulations, dual agonists, and differentiated mechanisms competing for a potential $150B obesity market by 2030. QURE's FDA accelerated approval for AMT-130 (Huntington's disease) this week confirms gene therapy regulatory momentum is still flowing capital to non-GLP-1 precision medicine.

What this means for $TNGX

Neutral — Turning Point's synthetic lethal oncology drugs exploit CRISPR-identified cancer vulnerabilities; no GLP-1 or gene therapy structural driver exposure.

Top industry ETF

$IBBiShares Biotechnology ETF
+5.0%YTD
+42.5%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-$1.32-$1.48 – -$1.187
FY27$3.9M$3.9M – $3.9M-$1.54-$1.78 – -$1.207
FY28$55.7M$55.5M – $55.9M-$1.62-$1.90 – -$1.1010
FY29$255.8M$255.8M – $255.8M-$0.96-$0.96 – -$0.965
FY30$662.1M$662.1M – $662.1M$0.91$0.91 – $0.915

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.1.2×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.80%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.+15.0%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.+95.0%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 today6.6% 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.β1.195-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

SellJun 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 3Barbara WeberChair30.2K sh$370KSellFeb 3Adam CrystalPresident18.5K sh$226K
+ 17 other (12 awards · 5 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
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

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.

+ 32 other (17 13Gs · 4 8-Ks · 3 3s · 2 proxys) in window

Recent news

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

Tango Therapeutics Appoints Robert Azelby to Board of Directorsglobenewswire.com·2d agoTango Therapeutics Announces Pricing of $600 Million Upsized Public Offeringglobenewswire.com·15d agoTNGX Stock Jumps 53% on Early Pancreatic Cancer Study Resultszacks.com·15d agoTango Therapeutics, Inc. (TNGX) Discusses Promising Clinical Results for Vopimetostat and Pan-RAS Inhibitor Combination in MTAP-Deleted Pancreatic Cancer Transcriptseekingalpha.com·16d agoTango Therapeutics Announces Proposed $500 Million Public Offeringglobenewswire.com·16d ago

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