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TNGX:NASDAQTango Therapeutics, Inc. Analysis

Data as of 2026-09-01 - not real-time

$22.33

Latest Price

8/10Risk

Risk Level: High

Executive Summary

The moving-average structure behind Tango Therapeutics, Inc. is neutral at $22.33, with no clear ordering between short and long averages. Over a rolling month the price has lost 23.1%. Momentum indicators put RSI at 33.4 (approaching oversold) with MACD reading bearish. The recent range runs from support at $22.07 up to resistance at $30.25.
The company is not currently profitable on a trailing basis, so earnings multiples offer no valuation support. Sell-side targets cluster 100.4% above the current quote.
On a 1-10 scale the risk profile lands at 8 — high. With 30-day volatility of 54.8%, a beta of 1.45 and a maximum drawdown of 32.1%, position sizing matters more than entry timing here. The wider market backdrop reads extreme greed at 94 on the fear-greed composite.
Timeframes disagree: the short-term read is hold while the long-term read is sell, conviction 4 out of 10.

Top Market Events

Company continues to prepare for late-stage clinical advancement of vopimetostat in combination with daraxonrasib for...BOSTON, Aug. 06, 2026 GLOBE NEWSWIRE -- Tango Therapeutics, Inc. NASDAQ: TNGX , a clinical-stage biotechnology company...Hosted on MSN19dTNGX stock dips 5% as Q2 earnings miss estimates on higher expensesTango Therapeutics TNGX incurred a...

Market Outlook

Short Term

< 1 year
Neutral
Model confidence: 2/10

Key Factors

  • Trading above the 200-day average of 19.38
  • MACD momentum is negative
  • 30-day price change of -23.1%

Medium Term

1–3 years
Neutral
Model confidence: 3/10

Key Factors

  • Trading above the 200-day average of 19.38
  • Analyst targets imply +100.4% versus the current price
  • 30-day volatility of 54.8%

Long Term

> 3 years
Cautious
Model confidence: 4/10

Key Factors

  • Negative profit margin of -229.9%
  • Analyst targets imply +100.4% versus the current price
  • Negative return on equity of -21.3%

Key Metrics & Analysis

Financial Health

Profit Margin-229.92%
P/E Ratio-13.7
ROE-21.34%
ROA-12.99%
Debt/Equity3.12
P/B Ratio8.2
Op. Cash Flow$-143896000
Free Cash Flow$-71874872
Industry P/E30.7

Technical Analysis

TrendNeutral
RSI33.4
Support$22.07
Resistance$30.25
MA 20$25.38
MA 50$27.49
MA 200$19.38
MACDBearish
VolumeStable
Fear & Greed Index93.52

Valuation

Target Price$44.75
Upside/Downside100.40%
GradeFair
TypeGrowth

Risk Assessment

Beta1.45
Volatility54.81%
Sector RiskMedium
Reg. RiskHigh
Geo RiskLow
Currency RiskLow
Liquidity RiskLow

This analysis may contain inaccuracies and is provided for informational and research purposes only. It is not personal investment advice, a recommendation, or an instruction to buy, sell, or hold any asset.