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FHTX Overview

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ET
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Intellectia

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High
5.810
Open
5.450
VWAP
5.56
Vol
246.38K
Mkt Cap
321.61M
Low
5.365
Amount
1.37M
EV/EBITDA(TTM)
--
Total Shares
58.58M
EV
140.70M
EV/OCF(TTM)
--
P/S(TTM)
14.07
Foghorn Therapeutics Inc. is a clinical-stage, precision therapeutics biotechnology company. The Company is discovering and developing a novel class of medicines targeting genetically determined dependencies within the chromatin regulatory system. Through its proprietary scalable Gene Traffic Control platform, it is systematically studying, identifying and validating potential drug targets within the chromatin regulatory system. The Company is also developing multiple product candidates in oncology. The Gene Traffic Control platform provides an integrated and mechanistic understanding of how the various components of the chromatin regulatory system interact, allowing to identify, validate and potentially drug targets within this system. Its platform enables to produce components of the chromatin regulatory system at scale, thereby allowing to identify these genetic dependencies, understand their mechanism and target their vulnerabilities.
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Events Timeline

(ET)
2026-02-23
07:10:00
Foghorn Therapeutics Appoints Ryan Maynard as CFO
select
2025-11-05 (ET)
2025-11-05
07:02:15
Foghorn Therapeutics announces Q3 earnings per share of 25 cents, below consensus estimate of 30 cents.
select
2025-10-30 (ET)
2025-10-30
07:37:19
Foghorn Reveals New Developments for Selective ARID1B, Selective CBP, and Selective EP300
select
2025-10-16 (ET)
2025-10-16
07:08:26
Foghorn Therapeutics Reports Advancements in Selective ARID1B Degrader Initiative
select

News

seekingalpha
5.0
02-23seekingalpha
Foghorn Therapeutics Appoints New CFO
  • New CFO Appointment: Foghorn Therapeutics announced that Ryan Maynard will join as CFO effective February 23, 2026, bringing over 25 years of executive experience in biopharma and healthcare technology, which is expected to enhance the company's financial management.
  • Strong Financing Background: Maynard has raised over $1 billion in public and private financings throughout his career, a capability that will likely bolster Foghorn's financial flexibility and market competitiveness in future capital operations.
  • Impact of Previous Role: Prior to joining Foghorn, Maynard served as CFO of Cara Therapeutics, and his performance in that role is expected to provide valuable experience that could accelerate the implementation of the company's financial strategies.
  • Market Reaction: Although executive changes are typically viewed as positive signals, Foghorn Therapeutics' shares fell by 1.72%, reflecting a cautious market attitude towards this appointment, which may impact investor confidence.
Newsfilter
1.0
02-03Newsfilter
Foghorn Therapeutics to Participate in Biotech Summit
  • Summit Participation: Foghorn Therapeutics will participate in the Guggenheim Emerging Outlook Biotech Summit on February 11-12, 2026, in New York, showcasing its innovative drug development in oncology.
  • Management Presentation: CEO Adrian Gottschalk is scheduled to present on February 11 at 3:00 PM EST, sharing the latest advancements in the company's gene expression correction efforts, which is expected to attract investor interest.
  • Webcast Availability: The presentation will be webcasted under the 'Events & Presentations' section of the company's website and will be available for replay for 30 days, enhancing investor engagement.
  • R&D Platform: Foghorn's Gene Traffic Control® platform focuses on developing drug candidates targeting genetically determined dependencies, aiming to drive therapeutic innovation in oncology with significant market potential.
NASDAQ.COM
9.5
01-20NASDAQ.COM
Atossa Therapeutics Receives FDA Orphan Drug Designation, Stock Rises Nearly 13%
  • FDA Orphan Drug Designation: Atossa Therapeutics (ATOS) announced that its (Z)-endoxifen received Orphan Drug Designation from the FDA, leading to a 12.98% stock increase to $0.69, marking a significant milestone in the treatment of Duchenne muscular dystrophy and expected to drive future R&D progress.
  • Clinical Trial Progress: ImmunityBio (IBRX) reported that over 85% of the study population has been enrolled in its registrational trial QUILT-2.005 for BCG-naïve non-muscle-invasive bladder cancer, with stock rising 9.43% to $6.04, and full enrollment anticipated by Q2 2026, enhancing market confidence.
  • NASDAQ Compliance Extension: Femasys (FEMY) received NASDAQ approval for a 180-day extension to meet the minimum $1.00 bid price requirement, with stock climbing 10.68% to $0.72, providing the company until July 13, 2026, to regain compliance, alleviating investor concerns.
  • Successful Financing: Foghorn Therapeutics (FHTX) closed a $50 million registered direct financing at a 30% premium, resulting in a 4.02% stock increase to $6.26, demonstrating market confidence and support for its future development.
Newsfilter
8.5
01-14Newsfilter
Oncolytics Biotech Accelerates Cancer Treatment with New Executive Appointments
  • Market Growth Potential: The precision oncology market is projected to surge from $110 billion to $225.65 billion, highlighting the industry's urgent demand for registration-ready assets, positioning Oncolytics Biotech at the forefront of this growth wave.
  • Executive Appointments: Oncolytics Biotech has appointed John McAdory as Executive Vice President of Strategy and Operations and Yujun Wu as Vice President, Head of Biostatistics, both bringing extensive experience in late-stage oncology trial execution and regulatory strategy to drive the company's registration-directed programs in gastrointestinal cancers.
  • Clinical Data Breakthrough: In third-line data for anal cancer, pelareorep achieved a 29% objective response rate, nearly tripling historical benchmarks, with a median duration of response reaching approximately 17 months, showcasing its potential in a setting with no FDA-approved treatment options.
  • FDA Study Design Approval: Oncolytics has secured FDA alignment on its Phase 3 study design for first-line metastatic pancreatic cancer, positioning it to launch the only immunotherapy registration trial currently planned for this disease, further solidifying its market position.
PRnewswire
8.5
01-14PRnewswire
Oncolytics Biotech Accelerates Cancer Treatment Progress, Aiming for FDA Approval in 2026
  • Market Growth Potential: The precision oncology market is projected to surge from $110 billion to $225.65 billion, highlighting the industry's urgent need for registration-ready assets, positioning Oncolytics Biotech as a key investment opportunity.
  • Executive Appointments: Oncolytics Biotech has appointed John McAdory as Executive Vice President of Strategy and Operations and Yujun Wu as Vice President, Head of Biostatistics, both bringing extensive experience in late-stage oncology trial execution and regulatory strategy, which will drive the company's registration programs in gastrointestinal cancers.
  • Clinical Data Breakthrough: Pelareorep achieved a 29% objective response rate in third-line treatment, nearly tripling historical benchmarks in a setting with no FDA-approved treatment options, indicating significant clinical potential and likely accelerating the approval process for anal cancer.
  • FDA Study Design Endorsement: Oncolytics has secured FDA alignment on its Phase 3 study design for pelareorep in first-line metastatic pancreatic cancer, marking the company's unique position in the immunotherapy registration trial landscape and expected to drive future market opportunities.
Globenewswire
9.5
01-10Globenewswire
Foghorn Therapeutics Raises $50 Million to Advance Cancer Treatments
  • Successful Financing: Foghorn Therapeutics secured $50 million in equity financing with investors including BVF Partners, expected to close on January 13, 2026, at a price of $6.71 per share, representing a 30% premium to the January 9 closing price, providing robust funding for future R&D initiatives.
  • Strong Financial Position: Post-financing, the company anticipates cash and cash equivalents to reach approximately $208.9 million, ensuring continued investment in its pipeline over the next two years, particularly for the FHD-909 project targeting SMARCA4-mutant cancers.
  • Clinical Trial Progress: The Phase 1 dose-escalation trial of FHD-909 is advancing as planned, primarily targeting patients with non-small cell lung cancer, which is expected to offer new treatment options in this high-need area and improve patient prognosis.
  • Drug Development Outlook: Foghorn's selective CBP and EP300 degrader programs are on track to be IND-ready in 2026, demonstrating potential applications in ER+ breast cancer and hematologic malignancies, further solidifying the company's innovative position in oncology treatment.
Wall Street analysts forecast FHTX stock price to rise
9 Analyst Rating
Wall Street analysts forecast FHTX stock price to rise
9 Buy
0 Hold
0 Sell
Strong Buy
Current: 0.000
sliders
Low
9.00
Averages
11.38
High
14.00
Current: 0.000
sliders
Low
9.00
Averages
11.38
High
14.00
Jefferies
Buy
downgrade
$14 -> $12
AI Analysis
2026-02-17
Reason
Jefferies
Price Target
$14 -> $12
AI Analysis
2026-02-17
downgrade
Buy
Reason
Jefferies lowered the firm's price target on Foghorn Therapeutics (FHTX) to $12 from $14 and keeps a Buy rating on the shares while taking over lead coverage of the stock. FHD-909, Foghorn's lead clinical asset partnered with Eli Lilly (LLY), has topline Phase 1 dose-escalation data along with a go/no-go decision on dose-expansion expected mid-2026 and the firm could see a 80% higher or 40% lower move on that data, the analyst tells investors.
BTIG
Buy
initiated
$11
2025-12-18
Reason
BTIG
Price Target
$11
2025-12-18
initiated
Buy
Reason
BTIG initiated coverage of Foghorn Therapeutics with a Buy rating and $11 price target. The firm says Foghorn is a clinical-stage biopharmaceutical company developing novel inhibitors and degraders for various oncology indications. BTIG views the shares undervalued into the company's Phase 1 data in 2026. The share setup is favorable into the readout for FHD-909, a "potent and selective" inhibitor of SMARCA2 currently in Phase 1a dose escalation for solid tumors, BTIG contends.
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Valuation Metrics

The current forward P/E ratio for Foghorn Therapeutics Inc (FHTX.O) is -4.33, compared to its 5-year average forward P/E of -4.21. For a more detailed relative valuation and DCF analysis to assess Foghorn Therapeutics Inc's fair value, Click here.

Forward PE

The forward P/E ratio is a valuation metric that divides a company's current stock price by its estimated future earnings per share over the next 12 months.
StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
N/A
5Y Average PE
-4.21
Current PE
-4.33
Overvalued PE
-2.70
Undervalued PE
-5.73

Forward EV/EBITDA

The forward EV/EBITDA ratio is a valuation metric that divides a company's enterprise value (EV) by its estimated future earnings before interest, taxes, depreciation, and amortization (EBITDA) over the next 12 months.
StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
N/A
5Y Average EV/EBITDA
-1.51
Current EV/EBITDA
-1.56
Overvalued EV/EBITDA
0.30
Undervalued EV/EBITDA
-3.32

Forward PS

The forward P/S ratio is a valuation metric that divides a company's current stock price by its estimated future sales (or revenue) per share over the next 12 months.
StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
N/A
5Y Average PS
43.63
Current PS
9.82
Overvalued PS
139.21
Undervalued PS
-51.95

Financials

AI Analysis
Annual
Quarterly

Whales Holding FHTX

B
BVF Partners L.P.
Holding
FHTX
+6.57%
3M Return

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Frequently Asked Questions

What is Foghorn Therapeutics Inc (FHTX) stock price today?

The current price of FHTX is 5.49 USD — it has increased 0.18

What is Foghorn Therapeutics Inc (FHTX)'s business?

Foghorn Therapeutics Inc. is a clinical-stage, precision therapeutics biotechnology company. The Company is discovering and developing a novel class of medicines targeting genetically determined dependencies within the chromatin regulatory system. Through its proprietary scalable Gene Traffic Control platform, it is systematically studying, identifying and validating potential drug targets within the chromatin regulatory system. The Company is also developing multiple product candidates in oncology. The Gene Traffic Control platform provides an integrated and mechanistic understanding of how the various components of the chromatin regulatory system interact, allowing to identify, validate and potentially drug targets within this system. Its platform enables to produce components of the chromatin regulatory system at scale, thereby allowing to identify these genetic dependencies, understand their mechanism and target their vulnerabilities.

What is the price predicton of FHTX Stock?

Wall Street analysts forecast FHTX stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for FHTX is11.38 USD with a low forecast of 9.00 USD and a high forecast of 14.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.

What is Foghorn Therapeutics Inc (FHTX)'s revenue for the last quarter?

Foghorn Therapeutics Inc revenue for the last quarter amounts to 8.15M USD, increased 4.42

What is Foghorn Therapeutics Inc (FHTX)'s earnings per share (EPS) for the last quarter?

Foghorn Therapeutics Inc. EPS for the last quarter amounts to -0.25 USD, decreased -19.35

How many employees does Foghorn Therapeutics Inc (FHTX). have?

Foghorn Therapeutics Inc (FHTX) has 112 emplpoyees as of March 11 2026.

What is Foghorn Therapeutics Inc (FHTX) market cap?

Today FHTX has the market capitalization of 321.61M USD.