Foghorn Therapeutics (FHTX) Stock Price, News & Analysis

Company Overview

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.

Key Stats

• Today's Range: $4.93 to $5.25
• 50-Day Range: $4.05 to $6.50
• 52-Week Range: $2.94 to $10.25
• Volume: 171,664 shs
• Average Volume: 112,799 shs
• Market Capitalization: $278.14 million
• P/E Ratio: N/A
• Dividend Yield: N/A
• Price Target: $12.13
• Consensus Rating: Buy

Foghorn Therapeutics Stock Analysis - MarketRank™

Foghorn Therapeutics scored higher than 50% of companies evaluated by MarketBeat, and ranked 524th out of 919 stocks in the medical sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 3.6 / 5
• Analyst Rating: Buy

Consensus Rating

Foghorn Therapeutics has received a consensus rating of Buy. The company's average rating score is 3.13, and is based on 5 buy ratings, 1 hold rating, and no sell ratings.

Amount of Analyst Coverage

Foghorn Therapeutics has only been the subject of 2 research reports in the past 90 days.

Earnings and Valuation

• Score: 0.6 / 5
• Proj. Earnings Growth: Growing

Earnings Growth

Earnings for Foghorn Therapeutics are expected to grow in the coming year, from ($1.55) to ($1.02) per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Foghorn Therapeutics is -3.67, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Earnings Ratio vs. Sector

The P/E ratio of Foghorn Therapeutics is -3.67, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Short Interest

• Score: 4.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

3.25% of the float of Foghorn Therapeutics has been sold short.

Short Interest Ratio / Days to Cover

Foghorn Therapeutics has a short interest ratio ("days to cover") of 7.1.

Change versus previous month

Short interest in Foghorn Therapeutics has recently decreased by 42.89%, indicating that investor sentiment is improving significantly.

Dividend

• Score: 0.0 / 5
• Dividend Strength: N/A

Dividend Yield

Foghorn Therapeutics does not currently pay a dividend.

Dividend Growth

Foghorn Therapeutics does not have a long track record of dividend growth.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Percentage of Shares Shorted

3.25% of the float of Foghorn Therapeutics has been sold short.

Short Interest Ratio / Days to Cover

Foghorn Therapeutics has a short interest ratio ("days to cover") of 7.1.

Change versus previous month

Short interest in Foghorn Therapeutics has recently decreased by 42.89%, indicating that investor sentiment is improving significantly.

News and Social Media

• Score: 0.6 / 5
• News Sentiment: N/A

News Coverage This Week

MarketBeat has tracked 1 news article for Foghorn Therapeutics this week, compared to 1 article on an average week.

Search Interest

3 people have searched for FHTX on MarketBeat in the last 30 days.

Company Ownership

• Score: 1.7 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, Foghorn Therapeutics insiders have not sold or bought any company stock.

Percentage Held by Insiders

Only 7.58% of the stock of Foghorn Therapeutics is held by insiders.

Percentage Held by Institutions

61.55% of the stock of Foghorn Therapeutics is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

FHTX Stock Analysis - Frequently Asked Questions

How have FHTX shares performed this year?

Foghorn Therapeutics' stock was trading at $4.72 at the start of the year. Since then, FHTX stock has increased by 5.7% and is now trading at $4.99.

How were Foghorn Therapeutics' earnings last quarter?

Foghorn Therapeutics Inc. (NASDAQ:FHTX) issued its earnings results on Wednesday, May, 14th. The company reported ($0.30) EPS for the quarter, meeting analysts' consensus estimates of ($0.30). The business earned $5.95 million during the quarter, compared to the consensus estimate of $4.96 million.

When did Foghorn Therapeutics IPO?

Foghorn Therapeutics (FHTX) raised $120 million in an IPO 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.

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.

What other stocks do shareholders of Foghorn Therapeutics own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Foghorn Therapeutics investors own include Tesla (TSLA), JPMorgan Chase & Co. (JPM), Advanced Micro Devices (AMD), NVIDIA (NVDA), Netflix (NFLX), Meta Platforms (META) and Alphabet (GOOG).

Company Calendar

• Last Earnings: 5/14/2025
• Today: 8/02/2025
• Next Earnings (Estimated): 8/06/2025
• Fiscal Year End: 12/31/2025

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Medical
• Industry: MED - BIOMED/GENE
• Sub-Industry: Pharmaceutical Products
• Current Symbol: NASDAQ:FHTX
• CIK: 1822462
• Web: foghorntx.com
• Phone: 617-586-3100
• Fax: N/A
• Employees: 120
• Year Founded: N/A

Price Target and Rating

• Average Price Target for Foghorn Therapeutics: $12.13
• High Price Target: $20.00
• Low Price Target: $9.00
• Potential Upside/Downside: +143.0%
• Consensus Rating: Buy
• Rating Score (0-4): 3.13
• Research Coverage: 8 Analysts

Profitability

• EPS (Trailing Twelve Months): ($1.36)
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: -$86.62 million
• Net Margins: -342.23%
• Pretax Margin: -342.23%
• Return on Equity: N/A
• Return on Assets: -27.28%

Debt

• Debt-to-Equity Ratio: N/A
• Current Ratio: 3.16
• Quick Ratio: 3.16

Sales & Book Value

• Annual Sales: $22.60 million
• Price / Sales: 12.31
• Cash Flow: N/A
• Price / Cash Flow: N/A
• Book Value: ($0.82) per share
• Price / Book: -6.09

Miscellaneous

• Outstanding Shares: 55,740,000
• Free Float: 51,516,000
• Market Cap: $278.14 million
• Optionable: Optionable
• Beta: 3.05