FHTX icon

Foghorn Therapeutics

5.25 USD
-0.31
5.58%
At close Aug 25, 4:00 PM EDT
Pre-market
5.26
+0.01
0.19%
1 day
-5.58%
5 days
3.96%
1 month
-15.19%
3 months
29.63%
6 months
2.94%
Year to date
14.38%
1 year
-37.50%
5 years
-71.03%
10 years
-71.03%
 

About: Foghorn Therapeutics Inc is engaged in the discovery and development of a new class of medicines targeting genetically determined dependencies within the chromatin regulatory system. Its proprietary Gene Traffic Control platform gives an integrated, mechanistic understanding of how the various components of the chromatin regulatory system interact, allowing it to identify, validate, and potentially drug targets within the system. The company is developing FHD-286, a selective, allosteric ATPase inhibitor, and FHD-609, a protein degrader, to treat hematologic cancers and solid tumors.

Employees: 112

0
Funds holding %
of 7,428 funds
Analysts bullish %

Fund manager confidence

Based on 2025 Q2 regulatory disclosures by fund managers ($100M+ AUM)

133% more repeat investments, than reductions

Existing positions increased: 35 | Existing positions reduced: 15

30% more capital invested

Capital invested by funds: $148M [Q1] → $192M (+$44.8M) [Q2]

0.72% more ownership

Funds ownership: 72.68% [Q1] → 73.4% (+0.72%) [Q2]

0% more funds holding in top 10

Funds holding in top 10: 2 [Q1] → 2 (+0) [Q2]

0% more call options, than puts

Call options by funds: $1K | Put options by funds: $1K

12% less funds holding

Funds holding: 89 [Q1] → 78 (-11) [Q2]

53% less first-time investments, than exits

New positions opened: 8 | Existing positions closed: 17

Research analyst outlook

We haven’t received any recent analyst ratings for FHTX.

Financial journalist opinion

Based on 4 articles about FHTX published over the past 30 days

Positive
Zacks Investment Research
15 hours ago
Foghorn Therapeutics (FHTX) Upgraded to Buy: Here's Why
Foghorn Therapeutics (FHTX) has been upgraded to a Zacks Rank #2 (Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.
Foghorn Therapeutics (FHTX) Upgraded to Buy: Here's Why
Neutral
Zacks Investment Research
2 weeks ago
Here's Why Foghorn Therapeutics (FHTX) Looks Ripe for Bottom Fishing
Foghorn Therapeutics (FHTX) witnesses a hammer chart pattern, indicating support found by the stock after losing some value lately. This coupled with an upward trend in earnings estimate revisions could mean a trend reversal for the stock in the near term.
Here's Why Foghorn Therapeutics (FHTX) Looks Ripe for Bottom Fishing
Negative
Zacks Investment Research
2 weeks ago
Foghorn Therapeutics Inc. (FHTX) Reports Q2 Loss, Lags Revenue Estimates
Foghorn Therapeutics Inc. (FHTX) came out with a quarterly loss of $0.28 per share versus the Zacks Consensus Estimate of a loss of $0.31. This compares to a loss of $0.45 per share a year ago.
Foghorn Therapeutics Inc. (FHTX) Reports Q2 Loss, Lags Revenue Estimates
Neutral
GlobeNewsWire
2 weeks ago
Foghorn Therapeutics Provides Second Quarter 2025 Financial and Corporate Update
FHD-909 (LY4050784) Phase 1 dose escalation trial in SMARCA4 (BRG1) mutated cancers, with non-small cell lung cancer (NSCLC) as the primary target population, is enrolling well and remains on track
Foghorn Therapeutics Provides Second Quarter 2025 Financial and Corporate Update
Neutral
GlobeNewsWire
3 months ago
Foghorn Therapeutics to Participate in Four Upcoming Investor Conferences
CAMBRIDGE, Mass., May 22, 2025 (GLOBE NEWSWIRE) -- Foghorn® Therapeutics Inc. (Nasdaq: FHTX), a clinical-stage biotechnology company pioneering a new class of medicines that treat serious diseases by correcting abnormal gene expression, today announced that management will participate in Evercore Biotech Diamonds in the Rough Virtual Event, TD Cowen's 6th Annual Oncology Innovation Summit, Jefferies Global Healthcare Conference 2025 and Goldman Sachs 46th Annual Global Healthcare Conference 2025. With an initial focus in oncology, Foghorn's Gene Traffic Control® platform and resulting broad pipeline have the potential to transform the lives of people suffering from a wide spectrum of diseases.
Foghorn Therapeutics to Participate in Four Upcoming Investor Conferences
Neutral
Zacks Investment Research
3 months ago
Foghorn Therapeutics Inc. (FHTX) Reports Q1 Loss, Misses Revenue Estimates
Foghorn Therapeutics Inc. (FHTX) came out with a quarterly loss of $0.30 per share in line with the Zacks Consensus Estimate. This compares to loss of $0.59 per share a year ago.
Foghorn Therapeutics Inc. (FHTX) Reports Q1 Loss, Misses Revenue Estimates
Neutral
GlobeNewsWire
3 months ago
Foghorn Therapeutics Provides First Quarter 2025 Financial and Corporate Update
FHD-909 (LY4050784) advancing in Phase 1 dose escalation trial in SMARCA4 (BRG1) mutated cancers, with non-small cell lung cancer (NSCLC) as the primary target population Data presented at AACR show synergistic activity with FHD-909 in combination with pembrolizumab and KRAS inhibitors and support clinical exploration Selective CBP degrader on track for IND-enabling studies, targeting IND in 2026 Continued progress on Selective EP300 degrader and Selective ARID1B degrader with program updates expected in H2 2025 Strong balance sheet with cash, cash equivalents, and marketable securities of  $220.6 million as of March 31, 2025 , provides cash runway into 2027 CAMBRIDGE, Mass., May 14, 2025 (GLOBE NEWSWIRE) -- Foghorn® Therapeutics Inc. (Nasdaq: FHTX), a clinical-stage biotechnology company pioneering a new class of medicines that treat serious diseases by correcting abnormal gene expression, today provided a financial and corporate update in conjunction with the Company's 10-Q filing for the quarter ended March 31, 2025.
Foghorn Therapeutics Provides First Quarter 2025 Financial and Corporate Update
Neutral
GlobeNewsWire
3 months ago
Foghorn Therapeutics to Participate in the Citizens Life Sciences Conference
CAMBRIDGE, Mass., May 05, 2025 (GLOBE NEWSWIRE) -- Foghorn® Therapeutics Inc. (Nasdaq: FHTX), a clinical-stage biotechnology company pioneering a new class of medicines that treat serious diseases by correcting abnormal gene expression, today announced that management will participate in the Citizens Life Sciences Conference, being held May 7-8, 2025, in New York, NY.
Foghorn Therapeutics to Participate in the Citizens Life Sciences Conference
Neutral
GlobeNewsWire
3 months ago
Foghorn Therapeutics Appoints Neil Gallagher and Stuart Duty to its Board of Directors
CAMBRIDGE, Mass., May 01, 2025 (GLOBE NEWSWIRE) -- Foghorn® Therapeutics Inc. (Nasdaq: FHTX), a clinical-stage biotechnology company pioneering a new class of medicines that treat serious diseases by correcting abnormal gene expression, today announced the election of Neil Gallagher, M.D., Ph.D., and Stuart Duty, to its Board of Directors.
Foghorn Therapeutics Appoints Neil Gallagher and Stuart Duty to its Board of Directors
Neutral
GlobeNewsWire
3 months ago
Foghorn Therapeutics Presents New Preclinical Data on Selective SMARCA2 Inhibitor FHD-909 and Selective CBP and Selective EP300 Degrader Programs and Provides Pipeline Update
- FHD-909 (LY4050784) advancing in Phase 1 trial in SMARCA4 (BRG1) mutated cancers, with non-small cell lung cancer (NSCLC) as the primary target population
Foghorn Therapeutics Presents New Preclinical Data on Selective SMARCA2 Inhibitor FHD-909 and Selective CBP and Selective EP300 Degrader Programs and Provides Pipeline Update
Charts implemented using Lightweight Charts™