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NASDAQ: TNGX
Tango Therapeutics Inc Stock Forecast, Predictions & Price Target

Analyst price target for TNGX

Based on 3 analysts offering 12 month price targets for Tango Therapeutics Inc.
Min Forecast
$16.00+105.92%
Avg Forecast
$17.00+118.79%
Max Forecast
$18.00+131.66%

Should I buy or sell TNGX stock?

Based on 3 analysts offering ratings for Tango Therapeutics Inc.
Strong Buy
Strong Buy
2 analysts 66.67%
Buy
1 analysts 33.33%
Hold
0 analysts 0%
Sell
0 analysts 0%
Strong Sell
0 analysts 0%

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TNGX stock forecasts by analyst

Analyst / FirmRatingActionPrice TargetUpside/DownsideDateAnalyst Color
lockedlocked$00.00+00.00%2024-03-20
lockedlocked$00.00+00.00%2024-02-12
lockedlocked$00.00+00.00%2023-12-08

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Forecast return on equity

Is TNGX forecast to generate an efficient return?
Company
N/A
Industry
N/A
Market
35.5%

Forecast return on assets

Is TNGX forecast to generate an efficient return on assets?
Company
N/A
Industry
N/A

TNGX revenue forecast

What is TNGX's revenue in the next 3 years based on estimates from 5 analysts?
Avg 1 year Forecast
$29.6M-19.01%
Avg 2 year Forecast
$35.3M-3.47%
Avg 3 year Forecast
$37.3M+2.08%
TNGX's revenue is forecast to... subscribe to Premium to read more.
Forecast High Revenue Growth Forecast

TNGX revenue growth forecast

How is TNGX forecast to perform vs Biotechnology companies and vs the US market?
Company
1.25%
Industry
37.57%
Market
10.16%
TNGX's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Industry Forecast
TNGX's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Market Forecast

TNGX vs Biotech Stocks

TickerPricePrice TargetUp/downsideConsensus
TNGX$7.77$17.00+118.79%Strong Buy
KYTX$19.19$39.50+105.84%Strong Buy
ETNB$8.92$28.20+216.14%Buy
SPRY$8.50$18.50+117.65%Buy
ARQT$8.74$13.50+54.46%Strong Buy

Tango Therapeutics Stock Forecast FAQ

Is Tango Therapeutics Stock a good buy in 2024, according to Wall Street analysts?

The consensus among 3 Wall Street analysts covering (NASDAQ: TNGX) stock is to Strong Buy TNGX stock.

Out of 3 analysts, 2 (66.67%) are recommending TNGX as a Strong Buy, 1 (33.33%) are recommending TNGX as a Buy, 0 (0%) are recommending TNGX as a Hold, 0 (0%) are recommending TNGX as a Sell, and 0 (0%) are recommending TNGX as a Strong Sell.

If you're new to stock investing, here's how to buy Tango Therapeutics stock.

What is TNGX's revenue growth forecast for 2024-2026?

(NASDAQ: TNGX) Tango Therapeutics's forecast annual revenue growth rate of 1.25% is not forecast to beat the US Biotechnology industry's average forecast revenue growth rate of 37.57%, and while it is not forecast to beat the US market's average forecast revenue growth rate of 10.16%.

Tango Therapeutics's revenue in 2024 is $36,527,000.On average, 5 Wall Street analysts forecast TNGX's revenue for 2024 to be $3,157,154,631, with the lowest TNGX revenue forecast at $2,241,084,615, and the highest TNGX revenue forecast at $4,503,512,893. On average, 4 Wall Street analysts forecast TNGX's revenue for 2025 to be $3,762,887,787, with the lowest TNGX revenue forecast at $2,667,957,875, and the highest TNGX revenue forecast at $6,157,646,776.

In 2026, TNGX is forecast to generate $3,978,992,375 in revenue, with the lowest revenue forecast at $2,667,957,875 and the highest revenue forecast at $7,022,065,127.

What is TNGX's forecast return on assets (ROA) for 2024-2027?

(NASDAQ: TNGX) forecast ROA is N/A, which is lower than the forecast US Biotechnology industry average of N/A.

What is TNGX's Price Target?

According to 3 Wall Street analysts that have issued a 1 year TNGX price target, the average TNGX price target is $17.00, with the highest TNGX stock price forecast at $18.00 and the lowest TNGX stock price forecast at $16.00.

On average, Wall Street analysts predict that Tango Therapeutics's share price could reach $17.00 by Mar 20, 2025. The average Tango Therapeutics stock price prediction forecasts a potential upside of 118.79% from the current TNGX share price of $7.77.

What is TNGX's forecast return on equity (ROE) for 2024-2027?

(NASDAQ: TNGX) forecast ROE is N/A, which is considered weak.
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