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

Analyst price target for TNGX

Based on 5 analysts offering 12 month price targets for Tango Therapeutics Inc.
Min Forecast
$13.00+88.41%
Avg Forecast
$14.40+108.7%
Max Forecast
$19.00+175.36%

Should I buy or sell TNGX stock?

Based on 5 analysts offering ratings for Tango Therapeutics Inc.
Strong Buy
Strong Buy
3 analysts 60%
Buy
2 analysts 40%
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%2024-09-10
lockedlocked$00.00+00.00%2024-08-08
lockedlocked$00.00+00.00%2024-07-17
lockedlocked$00.00+00.00%2024-05-24
lockedlocked$00.00+00.00%2024-05-24

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Forecast return on equity

Is TNGX forecast to generate an efficient return?
Company
-52.02%
Industry
-762.05%
Market
49.3%
TNGX's Return on Equity is... subscribe to Premium to read more.
Forecast High Return on Equity Forecast

Forecast return on assets

Is TNGX forecast to generate an efficient return on assets?
Company
-33.78%
Industry
26.89%
TNGX is forecast to generate... subscribe to Premium to read more.
Forecast Return on Assets vs Industry Forecast

TNGX earnings per share forecast

What is TNGX's earnings per share in the next 3 years based on estimates from 7 analysts?
Avg 1 year Forecast
-$1.27
Avg 2 year Forecast
-$1.42
Avg 3 year Forecast
-$1.49

TNGX revenue forecast

What is TNGX's revenue in the next 3 years based on estimates from 6 analysts?
Avg 1 year Forecast
$42.4M-0.18%
Avg 2 year Forecast
$33.9M-20.16%
Avg 3 year Forecast
$38.1M-10.42%
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
-6.13%
Industry
36.05%
Market
9.61%
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$6.90$14.40+108.70%Strong Buy
ADPT$5.06$7.00+38.34%Strong Buy
ABCL$2.48$5.00+101.61%Strong Buy
ABUS$3.85$5.25+36.36%Strong Buy
ETNB$7.16$31.00+332.96%Strong Buy

Tango Therapeutics Stock Forecast FAQ

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

The consensus among 5 Wall Street analysts covering (NASDAQ: TNGX) stock is to Strong Buy TNGX stock.

Out of 5 analysts, 3 (60%) are recommending TNGX as a Strong Buy, 2 (40%) 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 earnings growth forecast for 2024-2026?

(NASDAQ: TNGX) Tango Therapeutics's forecast annual earnings growth rate of N/A is not forecast to beat the US Biotechnology industry's average forecast earnings growth rate of 14.12%, and while it is not forecast to beat the US market's average forecast earnings growth rate of 18.13%.

Tango Therapeutics's earnings in 2024 is -$116,491,000.On average, 7 Wall Street analysts forecast TNGX's earnings for 2024 to be -$136,534,192, with the lowest TNGX earnings forecast at -$144,645,028, and the highest TNGX earnings forecast at -$121,073,245. On average, 6 Wall Street analysts forecast TNGX's earnings for 2025 to be -$152,327,286, with the lowest TNGX earnings forecast at -$172,502,589, and the highest TNGX earnings forecast at -$108,215,910.

In 2026, TNGX is forecast to generate -$159,377,392 in earnings, with the lowest earnings forecast at -$178,931,257 and the highest earnings forecast at -$110,358,799.

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

(NASDAQ: TNGX) Tango Therapeutics's forecast annual revenue growth rate of -6.13% is not forecast to beat the US Biotechnology industry's average forecast revenue growth rate of 36.05%, and while it is not forecast to beat the US market's average forecast revenue growth rate of 9.61%.

Tango Therapeutics's revenue in 2024 is $42,509,000.On average, 6 Wall Street analysts forecast TNGX's revenue for 2024 to be $4,546,461,083, with the lowest TNGX revenue forecast at $3,975,059,652, and the highest TNGX revenue forecast at $5,817,944,450. On average, 6 Wall Street analysts forecast TNGX's revenue for 2025 to be $3,636,590,287, with the lowest TNGX revenue forecast at $2,678,611,625, and the highest TNGX revenue forecast at $6,182,235,631.

In 2026, TNGX is forecast to generate $4,080,061,227 in revenue, with the lowest revenue forecast at $2,536,109,487 and the highest revenue forecast at $7,050,105,797.

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

(NASDAQ: TNGX) forecast ROA is -33.78%, which is lower than the forecast US Biotechnology industry average of 26.89%.

What is TNGX's Price Target?

According to 5 Wall Street analysts that have issued a 1 year TNGX price target, the average TNGX price target is $14.40, with the highest TNGX stock price forecast at $19.00 and the lowest TNGX stock price forecast at $13.00.

On average, Wall Street analysts predict that Tango Therapeutics's share price could reach $14.40 by Sep 10, 2025. The average Tango Therapeutics stock price prediction forecasts a potential upside of 108.7% from the current TNGX share price of $6.90.

What is TNGX's Earnings Per Share (EPS) forecast for 2024-2026?

(NASDAQ: TNGX) Tango Therapeutics's current Earnings Per Share (EPS) is -$1.12. On average, analysts forecast that TNGX's EPS will be -$1.27 for 2024, with the lowest EPS forecast at -$1.35, and the highest EPS forecast at -$1.13. On average, analysts forecast that TNGX's EPS will be -$1.42 for 2025, with the lowest EPS forecast at -$1.61, and the highest EPS forecast at -$1.01. In 2026, TNGX's EPS is forecast to hit -$1.49 (min: -$1.67, max: -$1.03).

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

(NASDAQ: TNGX) forecast ROE is -52.02%, which is considered weak.
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