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Research & education only — not financial advice. EDGAR is not a registered investment adviser; calls are impersonal, generated from SEC filings and a delayed/third-party price feed, and may be wrong or out of date. The operator and an affiliated trading operation may hold or trade the securities EDGAR rates — see Disclosures. Do your own research.

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Home›Stocks›TNGX

TNGX

Tango Therapeutics, Inc.

Next earnings Aug 3, 2026 · consensus $-0.33 EPS

Last earnings +8.6% on 2026-05-13

Avoid
$31.47
▲ +4.41%
$31.47▲ +509.88%
over 1Y
L $4.92EODHDH $32.90
Earnings Dividend Split Congress buy Congress sellGrouped by date · hover a pin to expand
Today+4.4%
1W+10.4%
1M+60.2%
3M+63.4%
YTD+252.4%
1Y+509.9%
OverviewFinancialsValuationQualityTimelineFilings
Rating
Avoid
Quality
D
Valuation
Fair value
Filings
Watch
Avoid
Conviction
Horizon
Long (>12mo)
Street · 18 analysts
Buy

Pre-product precision-oncology biotech burning ~$139M/yr at 64x sales — binary clinical risk, not investable on fundamentals.

Tango Therapeutics is a clinical-stage precision-oncology company with, in its own words, a limited operating history, no products approved for commercial sale, and no revenue from product sales. The $62.4M of FY2025 revenue (+48.3%) is collaboration income, not drug sales, and the company has never successfully completed any clinical trials. The financials reflect a pre-commercial biotech: operating loss of -$111M, net loss of -$102M (diluted EPS -$0.87), and an accumulated deficit (retained earnings) of -$603M. Operating margin is -178.4% and return on equity -29.3%.

Financials · annual, by fiscal year

Line itemFY21FY22FY23FY24FY25
Revenue$37.0M$24.9M$36.5M$42.1M$62.4M
Gross profit—————
Operating income-$58.2M-$111M-$114M-$146M-$111M
Net income-$58.2M-$108M-$102M-$130M-$102M
Diluted EPS-$0.94-$1.23-$1.08-$1.19-$0.87
Net margin-157.2%-435.1%-278.5%-309.7%-162.9%

Annual figures from SEC 10-K XBRL filings. Open the filing links below for full statement detail.

Key statistics

Valuation

Enterprise value$4.38B
EV / EBITDA—
EV / Sales70.2
EV / FCF—
P / FCF—
PEG (trailing)—
Earnings yield-2.3%
FCF yield-3.1%

Quality & risk

ROIC (est.)-25.4%
Free cash flow-$140M
Total debt—
Net cash$112M
Altman Z-Score49.43 safe
Piotroski F-Score3/7

Capital returns

Buyback yield—
Dividend yield (est.)—
Shareholder yield—
Shares Δ YoY+32.0%

Computed from SEC XBRL annual figures + the current quote. EV and ROIC use long-term + current debt where filed; estimates, not investment advice.

Disclosure timeline

SEC · 8-Ks + reports
Some governance/structural items recently, but no outright red flags.
  1. 8-K Officer / director change2026-06-23
  2. 8-K Material agreement2026-06-10
  3. 8-K Reg FD disclosure2026-06-08
  4. 8-K Shareholder vote2026-06-04
  5. 8-K Officer / director change2026-05-13
  6. 10-Q Quarterly report2026-05-13
  7. 8-K Officer / director change2026-05-08
  8. DEF 14A Proxy statement2026-04-17
  9. 10-K Annual report2026-03-05

Recent filings

all on EDGAR ↗
4Period ending 2026-06-192026-06-23open ↗3Period ending 2026-06-192026-06-23open ↗8-KPeriod ending 2026-06-192026-06-23open ↗144Filing2026-06-17open ↗144Filing2026-06-11open ↗8-KPeriod ending 2026-06-092026-06-10open ↗424B5Filing2026-06-10open ↗144Filing2026-06-10open ↗FWPFiling2026-06-10open ↗4Period ending 2026-06-052026-06-08open ↗4Period ending 2026-06-052026-06-08open ↗4Period ending 2026-06-052026-06-08open ↗

Quality score

D
ValueGrowthProfitHealthMom.
ValueF
GrowthA+
ProfitabilityF
Financial healthB-
Momentum—
  • ✓Revenue growing year-over-year
  • ✗Profitable (positive net income)
  • ✗Net margin above 10%
  • ✗Return on equity above 15%
  • ✓Liabilities below 2× equity
Revenue
$62.4M
+48.3% YoY
Net margin
-162.9%
ROE
-29.3%
P/E
—

SEC fundamentals · FY 2025

'21'22'23'24'25

■ revenue · ■ net income, by fiscal year

Revenue$62.4M+48.3%
Net income-$102M+22.0%
Operating income-$111M+23.6%
Diluted EPS-$0.87+26.9%
Cash & equivalents$112M+61.5%
Total assets$399M+26.0%
Total liabilities$52.5M-55.1%
Stockholders' equity$346M+73.5%
Op.: -178.4%L/E: 0.15x

Frequently asked

Is Tango Therapeutics, Inc. (TNGX) a buy?
TNGX currently carries a Avoid rating with 4/5 conviction, derived from its latest SEC filings. Pre-product precision-oncology biotech burning ~$139M/yr at 64x sales — binary clinical risk, not investable on fundamentals.
What is Tango Therapeutics, Inc.'s quality score?
TNGX scores 48.29411764705881/100 (grade D) on a SEC-grounded quality model spanning value, growth, profitability, financial health and momentum.

Sources: SEC EDGAR (CIK 0001819133, latest 10-Q filed 2026-05-13) · EODHD · analysis by claude-code · as of 6/21/2026, 8:47:55 PM.

Research and education only — not financial advice. EDGAR is not a registered investment adviser or broker-dealer and gives no personalized advice. Every call is impersonal — identical for all users, generated on a schedule from SEC filings plus a delayed/third-party price feed — may be wrong or out of date, and is not a recommendation to buy or sell any security. The operator and an affiliated trading operation may hold or trade the securities EDGAR rates; see Disclosures. Past performance does not guarantee future results. Do your own research.

Insider activity

Form 4 · SEC

Last 90 days: 0 open-market buys · 4 sales

2026-06-19
Azelby Robert
Director
Award5.74K
2026-06-05
Ketchum John B
Director
Award4.00K
2026-06-05
Calhoun Lesley Ann
Director
Award4.00K
2026-06-05
Rothenberg Mace
Director
Award4.00K
2026-06-05
Lee Sung
Director
Award570.00
2026-06-01
Crystal Adam
President, R&D
Exercise27.0K @ $5.20$140K
2026-06-01
Crystal Adam
President, R&D
Sell6.14K @ $22.25$137K
2026-06-01
Crystal Adam
President, R&D
Sell20.9K @ $23.06$481K
2026-05-01
Crystal Adam
President, R&D
Exercise27.0K @ $5.20$140K
2026-05-01
Crystal Adam
President, R&D
Sell25.9K @ $21.19$549K
2026-05-01
Crystal Adam
President, R&D
Sell1.10K @ $22.00$24.2K
2026-05-01
Gall Matthew
Chief Financial Officer
Award40.0K

Earnings history

beat/miss · move
2026-05-13Miss -0.1% est▲ +8.55%8-K ↗
2026-03-05Beat +11.2% est▲ +36.28%8-K ↗
2026-01-08Beat +11.2% est▼ -6.23%8-K ↗
2025-11-04Beat +360.2% est▲ 0.00%8-K ↗
2025-10-23Beat +360.2% est▼ -13.05%8-K ↗
2025-08-05Beat +1.4% est▲ +4.86%8-K ↗

Dates from 8-K (Item 2.02); beat/miss = reported EPS vs consensus (Finnhub, recent quarters); move = prior close → close on/after.

Recent news

market news →
This Biotech ETF Has Almost Doubled in 13 Months. Money Is Flowing In.
finance.yahoo.com· 2026-06-26
Tango Appoints Robert Azelby To Board Of DirectorsBearish
nasdaq.com· 2026-06-23
Daraxonrasib’s Phase 3 Pancreatic Cancer Survival Data Might Change The Case For Investing In RVMDBullish
finance.yahoo.com· 2026-06-12
Tango Therapeutics prices upsized $600M public offering at $30/share
seekingalpha.com· 2026-06-10
Tango Therapeutics Prices $600 Mln Upsized Offering Of Shares And Pre-Funded WarrantsBullish
nasdaq.com· 2026-06-10
Tango Therapeutics Announces Pricing of $600 Million Upsized Public OfferingBullish
globenewswire.com· 2026-06-10

Vs tracked universe

compare →

1043 tracked peers · median

EDGAR Score48 vs 67
Revenue growth48.3% vs 7.1%
Net margin-162.9% vs 10.5%
Return on equity-29.3% vs 12.4%
P/E— vs 25.5

News sentiment

EODHD · 19d
Bearish
-0.44
vs typical · 36 articles
↓ cooling

Recent news tone vs the market's typical (which skews positive). A soft signal, not a recommendation.