Go Pro
NASDAQ:TNGX

Tango Therapeutics (TNGX) Stock Price, News & Analysis

Tango Therapeutics logo
$29.36 +2.15 (+7.90%)
Closing price 08/4/2026 04:00 PM Eastern
Extended Trading
$29.44 +0.07 (+0.26%)
As of 08:27 AM Eastern
Extended trading is trading that happens on electronic markets outside of regular trading hours. This is a fair market value extended hours price provided by Massive. Learn more.

About Tango Therapeutics Stock (NASDAQ:TNGX)

Advanced

Key Stats

Today's Range
$27.54
$29.43
50-Day Range
$19.65
$32.90
52-Week Range
$6.20
$34.39
Volume
1.87 million shs
Average Volume
2.50 million shs
Market Capitalization
$4.25 billion
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$42.15
Consensus Rating
Moderate Buy

Company Overview

Tango Therapeutics is a clinical-stage biotechnology company dedicated to developing precision medicines that exploit genetic vulnerabilities in cancer cells. Leveraging a proprietary synthetic lethality platform, the company identifies and targets tumor-specific dependencies in DNA damage response and related pathways. By focusing on tumor cell collateral sensitivities, Tango aims to bring differentiated small-molecule therapies to patients with genetic alterations that confer increased susceptibility to targeted inhibition.

The company’s lead pipeline comprises several early-stage programs, including inhibitors designed to selectively disable DNA repair proteins in tumor cells while sparing normal tissues. Tango has entered strategic collaborations with major pharmaceutical partners to advance these programs, most notably a multi-asset agreement with GSK to discover and develop DNA damage response inhibitors and a partnership with Merck focused on novel synthetic lethal targets in oncology. These alliances provide access to additional computational tools, screening libraries and global development expertise.

Founded in 2019 as a spin-out from Dana-Farber Cancer Institute and Harvard Medical School, Tango Therapeutics is headquartered in Cambridge, Massachusetts, near one of the world’s leading biopharma clusters. The management team combines scientific founders with broad drug development experience, enabling the company to rapidly translate genetic insights into translational programs. Tango has assembled an advisory board of academic and industry experts to guide target selection and clinical strategy.

With its concentrated focus on synthetic lethality, Tango Therapeutics seeks to address unmet needs in solid tumors and hematologic cancers driven by specific genetic lesions. The company is advancing its pipeline through IND-enabling studies and early clinical trials, aiming to validate its approach of pairing genomic profiling with highly selective therapies. Tango’s platform is designed to uncover novel treatment modalities that could extend the benefits of precision oncology to patient populations beyond those served by current standard-of-care agents.

AI Generated. May Contain Errors.

Tango Therapeutics Stock Analysis - MarketRank™

See Top-Rated MarketRank™ Stocks
52nd Percentile Overall Score

TNGX MarketRank™: 

Tango Therapeutics scored higher than 52% of companies evaluated by MarketBeat, and ranked 504th out of 900 stocks in the healthcare sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Consensus Rating

    Tango Therapeutics has received a consensus rating of Moderate Buy. The company's average rating score is 2.75, and is based on no strong buy ratings, 13 buy ratings, 2 hold ratings, and 1 sell rating.

  • Upside Potential

    Tango Therapeutics has a consensus price target of $42.15, representing about 43.6% upside from its current price of $29.36.

  • Amount of Analyst Coverage

    Tango Therapeutics has been the subject of 12 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

  • Read more about Tango Therapeutics' stock forecast and price target.
  • Earnings Growth

    Earnings for Tango Therapeutics are expected to decrease in the coming year, from ($1.27) to ($1.40) per share.

  • Price to Earnings Ratio vs. the Market

    The P/E ratio of Tango Therapeutics is -35.37, 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 Tango Therapeutics is -35.37, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

  • Price to Book Value per Share Ratio

    Tango Therapeutics has a P/B Ratio of 11.42. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

  • Percentage of Shares Shorted

    31.59% of the float of Tango Therapeutics has been sold short.
  • Short Interest Ratio / Days to Cover

    Tango Therapeutics has a short interest ratio ("days to cover") of 15.32, which indicates bearish sentiment.
  • Change versus previous month

    Short interest in Tango Therapeutics has recently increased by 1.69%, indicating that investor sentiment is decreasing.
  • Dividend Yield

    Tango Therapeutics does not currently pay a dividend.

  • Dividend Growth

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

  • News Sentiment

    Tango Therapeutics has a news sentiment score of 1.08. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.64 average news sentiment score of Healthcare companies.
  • News Coverage This Week

    MarketBeat has tracked 8 news articles for Tango Therapeutics this week, compared to 4 articles on an average week.
  • Search Interest

    Only 2 people have searched for TNGX on MarketBeat in the last 30 days. This is a decrease of -82% compared to the previous 30 days.
  • MarketBeat Follows

    Only 2 people have added Tango Therapeutics to their MarketBeat watchlist in the last 30 days. This is a decrease of -33% compared to the previous 30 days.
  • Insider Buying vs. Insider Selling

    In the past three months, Tango Therapeutics insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $1,416,420.00 in company stock.

  • Percentage Held by Insiders

    6.50% of the stock of Tango Therapeutics is held by insiders.

  • Percentage Held by Institutions

    78.99% of the stock of Tango Therapeutics is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

  • Read more about Tango Therapeutics' insider trading history.
Receive TNGX Stock News and Ratings via Email

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

SMS is currently available in Australia, Belgium, Canada, France, Germany, Ireland, Italy, New Zealand, the Netherlands, Singapore, South Africa, Spain, Switzerland, the United Kingdom, and the United States. By entering your phone number and clicking the sign-up button, you agree to receive periodic text messages from MarketBeat at the phone number you submitted, including texts that may be sent using an automatic telephone dialing system. Message and data rates may apply. Message frequency will vary. Messages will consist of stock alerts, news stories, and partner advertisements/offers. Consent is not a condition of the purchase of any goods or services. Text HELP for help/customer support. Unsubscribe at any time by replying "STOP" to any text message that you receive from MarketBeat or by visiting our mailing preferences page. Read our full terms of service and privacy policy.

TNGX Stock News Headlines

Louis Navellier: My #1 AI stock for 2026 (name & ticker inside)
Louis Navellier's Stock Grader system helped him flag Nvidia before its 82,000% run and has identified the top S&P 500 stock for 12 years running—and today, he's giving away his #1 AI stock pick for 2026, free. This company's sales are up 28% year over year, it holds over 30,000 patents in wireless and video technology, and it just earned an A-rating in his proprietary Stock Grader system that has cost him $9 million to build and maintain.tc pixel
See More Headlines

TNGX Stock Analysis - Frequently Asked Questions

Tango Therapeutics' stock was trading at $8.86 at the beginning of 2026. Since then, TNGX shares have increased by 231.4% and is now trading at $29.36.

Tango Therapeutics, Inc. (NASDAQ:TNGX) released its quarterly earnings results on Wednesday, May, 13th. The company reported ($0.32) earnings per share for the quarter, hitting the consensus estimate of ($0.32).

Tango Therapeutics (TNGX) raised $145 million in an initial public offering on Thursday, September 3rd 2020. The company issued 14,500,000 shares at a price of $10.00 per share.

Tango Therapeutics' top institutional investors include Assenagon Asset Management S.A. (0.24%), Handelsbanken Fonder AB (0.20%), Walleye Capital LLC (0.13%) and Tema ETFs LLC (0.04%). Insiders that own company stock include Rock Ventures Iv LP Third, Boxer Capital, Llc, Boxer Capital Management, Llc, Barbara Weber, Mva Investors, Llc, Daniella Beckman, Adam Crystal, Douglas Barry and Mace Rothenberg.
View institutional ownership trends
.

Shares of TNGX 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.

Based on aggregate information from My MarketBeat watchlists, some other companies that Tango Therapeutics investors own include NVIDIA (NVDA), Meta Platforms (META), Advanced Micro Devices (AMD), Broadcom (AVGO), Palo Alto Networks (PANW), Adobe (ADBE) and ServiceNow (NOW).

Company Calendar

Last Earnings
5/13/2026
Today
8/05/2026
Fiscal Year End
12/31/2026

Industry, Sector and Symbol

Stock Exchange
NASDAQ
Industry
Biotechnology
Sub-Industry
Biotechnology
Current Symbol
NASDAQ:TNGX
CIK
1819133
Fax
N/A
Employees
90
Year Founded
2017

Price Target and Rating

High Price Target
$69.00
Low Price Target
$14.00
Potential Upside/Downside
+43.6%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.75
Research Coverage
16 Analysts

Profitability

EPS (Trailing Twelve Months)
($0.83)
Trailing P/E Ratio
N/A
Forward P/E Ratio
N/A
P/E Growth
N/A
Net Income
-$101.59 million
Net Margins
N/A
Pretax Margin
-188.20%
Return on Equity
-41.54%
Return on Assets
-33.44%

Debt

Debt-to-Equity Ratio
N/A
Current Ratio
27.38
Quick Ratio
27.38

Sales & Book Value

Annual Sales
$62.38 million
Price / Sales
68.08
Cash Flow
N/A
Price / Cash Flow
N/A
Book Value
$2.57 per share
Price / Book
11.42

Miscellaneous

Outstanding Shares
144,650,000
Free Float
135,246,000
Market Cap
$4.25 billion
Optionable
Optionable
Beta
1.16

Social Links

The Infrastructure's Backbone: 10 Stocks Powering the AI Buildout Cover

The AI boom extends far beyond the biggest tech names. Discover 10 companies supplying the memory, storage, networking, semiconductor manufacturing, and power infrastructure that make AI possible. Learn where the next wave of AI investment opportunities may emerge—and the key risks investors should watch as the global AI buildout accelerates.

Get This Free Report

This page (NASDAQ:TNGX) was last updated on 8/5/2026 by MarketBeat.com Staff.
From Our Partners