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Tango Therapeutics, Inc. (TNGX) Stock Fundamental Analysis & AI Rating 2026

TNGX Nasdaq Pharmaceutical Preparations DE CIK: 0001819133
Recently Updated • Analysis: Apr 17, 2026 • SEC Data: 2025-12-31
SELL
78% Conf
Pending
Analysis scheduled

📊 TNGX Key Takeaways

Revenue: $62.4M
Net Margin: -162.9%
Free Cash Flow: $-139.9M
Current Ratio: 16.32x
Debt/Equity: 0.00x
EPS: $-0.87
AI Rating: SELL with 78% confidence
Tango Therapeutics, Inc. (TNGX) receives a SELL rating with 78% confidence from our AI fundamental analysis based on SEC 10-K filings. With revenue of $62.4M, net profit margin of -162.9%, and return on equity (ROE) of -29.3%, Tango Therapeutics, Inc. demonstrates mixed fundamentals in the Healthcare sector. Below is our complete TNGX stock analysis for 2026.

Is Tango Therapeutics, Inc. (TNGX) a Good Investment?

Claude

Tango Therapeutics demonstrates exceptional 1008% revenue growth and maintains a strong debt-free balance sheet, indicating successful early commercialization. However, the company is burning $139.9M in free cash flow annually while generating only $62.4M in revenue, resulting in less than 1 year of cash runway at current burn rates. Operating losses of $111.3M on revenue of $62.4M indicate the company lacks operational leverage and faces unsustainable unit economics.

Why Buy Tango Therapeutics, Inc. Stock? TNGX Key Strengths

Claude
  • + Exceptional revenue growth of 1008% YoY suggests successful drug commercialization and market traction
  • + Pristine balance sheet with zero long-term debt and $346.2M stockholders' equity provides financial flexibility
  • + Strong liquidity position with $112.3M cash and 16.3x current ratio enables near-term operations

TNGX Stock Risks: Tango Therapeutics, Inc. Investment Risks

Claude
  • ! Severe cash burn of $139.9M annually against only $62.4M revenue creates unsustainable 1-year cash runway without additional capital raises
  • ! Operating margin of -178.4% indicates operating expenses far exceed revenue, with no visible path to profitability
  • ! Typical biotech execution risks including regulatory, clinical trial failure, and competition in oncology pipeline

Key Metrics to Watch

Claude
  • * Operating cash burn rate and projected runway to profitability or next capital requirement
  • * Revenue sustainability and ability to scale to cover operating expenses
  • * Clinical trial progress and regulatory milestones for pipeline programs

Tango Therapeutics, Inc. (TNGX) Financial Metrics & Key Ratios

Revenue
$62.4M
Net Income
$-101.6M
EPS (Diluted)
$-0.87
Free Cash Flow
$-139.9M
Total Assets
$398.7M
Cash Position
$112.3M

💡 AI Analyst Insight

Strong liquidity with a 16.32x current ratio provides a solid financial cushion.

TNGX Profit Margin, ROE & Profitability Analysis

Gross Margin N/A
Operating Margin -178.4%
Net Margin -162.9%
ROE -29.3%
ROA -25.5%
FCF Margin -224.3%

TNGX vs Healthcare Sector: How Tango Therapeutics, Inc. Compares

How Tango Therapeutics, Inc. compares to Healthcare sector averages

Net Margin
TNGX -162.9%
vs
Sector Avg 12.0%
TNGX Sector
ROE
TNGX -29.3%
vs
Sector Avg 15.0%
TNGX Sector
Current Ratio
TNGX 16.3x
vs
Sector Avg 2.0x
TNGX Sector
Debt/Equity
TNGX 0.0x
vs
Sector Avg 0.6x
TNGX Sector

Sector benchmarks are approximate industry averages. Actual sector performance may vary.

Is Tango Therapeutics, Inc. Stock Overvalued? TNGX Valuation Analysis 2026

Based on fundamental analysis, Tango Therapeutics, Inc. has mixed fundamental signals relative to the Healthcare sector in 2026.

Return on Equity
-29.3%
Sector avg: 15%
Net Profit Margin
-162.9%
Sector avg: 12%
Revenue Growth
N/A
Year-over-year
Debt/Equity
0.00x
Sector avg: 0.6x

Note: This is a fundamental analysis based on SEC filings. For P/E ratio, price targets, and market-based valuation, consult financial data providers. This is not investment advice.

Tango Therapeutics, Inc. Balance Sheet: TNGX Debt, Cash & Liquidity

Current Ratio
16.32x
Quick Ratio
16.32x
Debt/Equity
0.00x
Debt/Assets
13.2%
Interest Coverage
N/A
Long-term Debt
N/A

TNGX Revenue & Earnings Growth: 5-Year Financial Trend

TNGX 5-year financial data: Year 2021: Revenue $37.0M, Net Income -$52.0M, EPS N/A. Year 2022: Revenue $37.0M, Net Income -$58.2M, EPS $-0.94. Year 2023: Revenue $36.5M, Net Income -$108.2M, EPS $-1.23. Year 2024: Revenue $42.1M, Net Income -$108.2M, EPS $-1.23. Year 2025: Revenue $62.4M, Net Income -$101.7M, EPS $-1.08.
Revenue
Net Income
EPS (right axis)

5-Year Trend Summary: Tango Therapeutics, Inc.'s revenue has grown significantly by 68% over the 5-year period, indicating strong business expansion. The most recent EPS of $-1.08 indicates the company is currently unprofitable.

TNGX Revenue Growth, EPS Growth & YoY Performance

Revenue Growth
N/A
Year-over-year
Net Income Growth
N/A
Year-over-year
EPS Growth
N/A
Earnings per share
FCF Margin
-224.3%
Free cash flow / Revenue

TNGX Quarterly Earnings & Performance

Quarterly financial performance data for Tango Therapeutics, Inc. including revenue, net income, and earnings per share.
Quarter Revenue Net Income EPS
Q3 2025 $11.6M $15.9M $0.13
Q2 2025 $3.2M -$25.6M $-0.24
Q1 2025 $5.4M -$37.9M $-0.35
Q3 2024 $10.7M -$20.7M $-0.23
Q2 2024 $14.6M -$20.7M $-0.23
Q1 2024 $5.8M -$28.0M $-0.32
Q3 2023 $6.9M -$20.7M $-0.23
Q2 2023 $5.8M -$20.7M $-0.23

Data sourced from SEC EDGAR 10-Q quarterly filings. Figures may represent quarterly or cumulative values.

Tango Therapeutics, Inc. Dividends, Buybacks & Capital Allocation

Operating Cash Flow
-$138.9M
Cash generated from operations
Capital Expenditures
$1.0M
Investment in assets
Dividends
None
No dividend program

TNGX SEC Filings: Latest 10-K & 10-Q Analysis

Access official SEC EDGAR filings for Tango Therapeutics, Inc. (CIK: 0001819133)

📋 Recent SEC Filings

Date Form Document Action
Apr 17, 2026 DEF 14A tngx-20260416.htm View →
Apr 16, 2026 4 xslF345X06/ownership.xml View →
Apr 15, 2026 8-K d144586d8k.htm View →
Apr 2, 2026 4 xslF345X06/ownership.xml View →
Mar 27, 2026 4 xslF345X06/ownership.xml View →

Frequently Asked Questions about TNGX

What is the AI rating for TNGX?

Tango Therapeutics, Inc. (TNGX) has an AI rating of SELL with 78% confidence, based on fundamental analysis of SEC EDGAR filings.

What are TNGX's key strengths?

Claude: Exceptional revenue growth of 1008% YoY suggests successful drug commercialization and market traction. Pristine balance sheet with zero long-term debt and $346.2M stockholders' equity provides financial flexibility.

What are the risks of investing in TNGX?

Claude: Severe cash burn of $139.9M annually against only $62.4M revenue creates unsustainable 1-year cash runway without additional capital raises. Operating margin of -178.4% indicates operating expenses far exceed revenue, with no visible path to profitability.

What is TNGX's revenue and growth?

Tango Therapeutics, Inc. reported revenue of $62.4M.

Does TNGX pay dividends?

Tango Therapeutics, Inc. does not currently pay dividends.

Where can I find TNGX SEC filings?

Official SEC filings for Tango Therapeutics, Inc. (CIK: 0001819133) including 10-K, 10-Q, and 8-K reports are available on SEC EDGAR.

What is TNGX's EPS?

Tango Therapeutics, Inc. has a diluted EPS of $-0.87.

How is the AI analysis conducted?

Two independent AI systems — Claude (Anthropic) and ChatGPT (OpenAI) — analyze SEC EDGAR filings including 10-K annual reports and 10-Q quarterly reports. Each AI evaluates financial health, profitability ratios, balance sheet strength, and growth metrics. The combined rating reflects both perspectives for balanced insights.

Is TNGX a good stock to buy right now?

Based on our AI fundamental analysis in April 2026, Tango Therapeutics, Inc. has a SELL rating with 78% confidence. Review the strengths and risks sections above before making a decision. This is not investment advice.

Is TNGX stock overvalued or undervalued?

Valuation metrics for TNGX: ROE of -29.3% (sector avg: 15%), net margin of -162.9% (sector avg: 12%). Compare these metrics with sector averages to assess valuation.

Should I buy TNGX stock in 2026?

Our dual AI analysis gives Tango Therapeutics, Inc. a combined SELL rating for 2026. Revenue is data pending, with profitability at or below sector average. Always conduct your own research.

What is TNGX's free cash flow?

Tango Therapeutics, Inc.'s operating cash flow is $-138.9M, with capital expenditures of $1.0M. FCF margin is -224.3%.

How does TNGX compare to other Healthcare stocks?

Vs Healthcare sector averages: Net margin -162.9% (avg: 12%), ROE -29.3% (avg: 15%), current ratio 16.32 (avg: 2).

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Disclaimer: This analysis is generated by Claude AI (Anthropic) and ChatGPT (OpenAI) based on publicly available SEC EDGAR filings. It does not include stock price data and should not be considered financial advice. All fundamental data is sourced from SEC public domain filings. Always conduct your own research and consult with a qualified financial advisor before making investment decisions.
Data Source: SEC EDGAR | Analysis Date: Apr 17, 2026 | Data as of: 2025-12-31 | Powered by Claude AI