NASDAQ:FHTX

Foghorn Therapeutics (FHTX) Stock Price, News & Analysis

$5.23
+0.02 (+0.38%)
(As of 04:00 PM ET)
Today's Range
$4.80
$5.31
50-Day Range
$5.05
$8.00
52-Week Range
$2.70
$9.97
Volume
48,749 shs
Average Volume
148,853 shs
Market Capitalization
$222.64 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$15.40

Foghorn Therapeutics MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.67 Rating Score
Upside/​Downside
177.2% Upside
$14.50 Price Target
Short Interest
Bearish
6.31% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
N/A
Insider Trading
N/A
Proj. Earnings Growth
Growing
From ($2.05) to ($1.61) Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

1.40 out of 5 stars

Medical Sector

707th out of 907 stocks

Pharmaceutical Preparations Industry

326th out of 422 stocks

FHTX stock logo

About Foghorn Therapeutics Stock (NASDAQ:FHTX)

Foghorn Therapeutics Inc., a clinical-stage biopharmaceutical company, engages in the discovery and development of medicines targeting genetically determined dependencies within the chromatin regulatory system in the United States. The company uses its proprietary Gene Traffic Control platform to identify, validate, and potentially drug targets within the system. It develops FHD-286, a small molecule inhibitor of the enzymatic activity of BRG1 and BRM that is in phase I for the treatment of relapsed and/or refractory acute myeloid leukemia/myelodysplastic syndrome. The company is also developing therapies for mutant cancers, such as Non-Small Cell Lung, bladder, endometrial, colorectal, and melanoma cancers; and dependent cancers, including prostate cancer and diffuse large b-cell lymphoma. It has a research collaboration and license agreement with Merck Sharp & Dohme Corp. to discover and develop novel oncology therapeutics against a transcription factor target; and Eli Lilly and Company for developing FHD-909, a selective ATPase inhibitor of BRM. Foghorn Therapeutics Inc. was incorporated in 2015 and is headquartered in Cambridge, Massachusetts.

FHTX Stock Price History

FHTX Stock News Headlines

These AI trades triggered this morning (545% return)
If you think a market crash is possible in 2024, I don't know why you're not using this yet.
These AI trades triggered this morning (545% return)
If you think a market crash is possible in 2024, I don't know why you're not using this yet.
Fed commentary, jobless claims data: What to Watch
Foghorn Therapeutics: Q4 Earnings Insights
Foghorn Therapeutics Inc.
Foghorn Therapeutics Inc (FHTX)
See More Headlines
Receive FHTX Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for Foghorn Therapeutics and its competitors with MarketBeat's FREE daily newsletter.

Company Calendar

Last Earnings
3/07/2024
Today
4/25/2024
Next Earnings (Estimated)
5/13/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Sector
Medical
Industry
Pharmaceutical preparations
Sub-Industry
N/A
Current Symbol
NASDAQ:FHTX
Fax
N/A
Employees
116
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$14.50
High Stock Price Target
$20.00
Low Stock Price Target
$6.00
Potential Upside/Downside
+197.3%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.67
Research Coverage
3 Analysts

Profitability

Net Income
$-98,430,000.00
Net Margins
-288.17%
Pretax Margin
-275.80%

Debt

Sales & Book Value

Annual Sales
$34.15 million
Book Value
($1.83) per share

Miscellaneous

Free Float
38,637,000
Market Cap
$220.51 million
Optionable
Optionable
Beta
3.13
7 Stocks to Buy And Hold Forever Cover

Click the link below and we'll send you MarketBeat's list of seven stocks and why their long-term outlooks are very promising.

Get This Free Report

Key Executives

  • Mr. Adrian H. B. Gottschalk (Age 48)
    President, CEO & Director
    Comp: $784.65k
  • Dr. Steven F. Bellon Ph.D. (Age 59)
    Chief Scientific Officer
    Comp: $572.6k
  • Dr. Alfonso Quintas Cardama M.D. (Age 52)
    Chief Medical Officer
    Comp: $300.16k
  • Dr. Gerald R. Crabtree M.d.
    Founder & Member of Scientific Advisory Board
  • Ms. Karin Hellsvik
    VP, Corporate Affairs & Investor Relations
  • Mr. Michael J. LaCascia (Age 59)
    Chief Legal Officer
    Comp: $565.5k
  • Mr. Saurabh Sewak Ph.D.
    Vice President of Corporate Development
  • Mr. Carlos Costa (Age 50)
    Chief People Officer
  • Ms. Fanny Cavalie (Age 46)
    Chief Strategy & Business Operations Officer

FHTX Stock Analysis - Frequently Asked Questions

Should I buy or sell Foghorn Therapeutics stock right now?

3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Foghorn Therapeutics in the last twelve months. There are currently 1 hold rating and 2 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "moderate buy" FHTX shares.
View FHTX analyst ratings
or view top-rated stocks.

What is Foghorn Therapeutics' stock price target for 2024?

3 equities research analysts have issued 12 month price targets for Foghorn Therapeutics' shares. Their FHTX share price targets range from $6.00 to $20.00. On average, they predict the company's stock price to reach $14.50 in the next year. This suggests a possible upside of 177.2% from the stock's current price.
View analysts price targets for FHTX
or view top-rated stocks among Wall Street analysts.

How have FHTX shares performed in 2024?

Foghorn Therapeutics' stock was trading at $6.45 at the start of the year. Since then, FHTX shares have decreased by 18.9% and is now trading at $5.23.
View the best growth stocks for 2024 here
.

When is Foghorn Therapeutics' next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Monday, May 13th 2024.
View our FHTX earnings forecast
.

How were Foghorn Therapeutics' earnings last quarter?

Foghorn Therapeutics Inc. (NASDAQ:FHTX) announced its earnings results on Thursday, March, 7th. The company reported ($0.57) earnings per share for the quarter, beating analysts' consensus estimates of ($0.79) by $0.22. The firm had revenue of $5.77 million for the quarter, compared to the consensus estimate of $4.91 million.

What ETFs hold Foghorn Therapeutics' stock?

ETFs with the largest weight of Foghorn Therapeutics (NASDAQ:FHTX) stock in their portfolio include Range Cancer Therapeutics ETF (CNCR).Loncar China Biopharma ETF (CHNA).

When did Foghorn Therapeutics IPO?

Foghorn Therapeutics (FHTX) raised $120 million in an initial public offering on Friday, October 23rd 2020. The company issued 7,500,000 shares at a price of $15.00-$17.00 per share. Goldman Sachs, Morgan Stanley and Cowen served as the underwriters for the IPO and Wedbush PacGrow was co-manager.

Who are Foghorn Therapeutics' major shareholders?

Foghorn Therapeutics' stock is owned by a variety of institutional and retail investors. Top institutional shareholders include Raymond James & Associates (5.24%) and Rockwood Wealth Management LLC (0.25%).
View institutional ownership trends
.

How do I buy shares of Foghorn Therapeutics?

Shares of FHTX stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NASDAQ:FHTX) was last updated on 4/25/2024 by MarketBeat.com Staff

From Our Partners