Foghorn Therapeutics (FHTX)

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Foghorn Therapeutics Inc. is a clinical-stage biotechnology company developing precision medicines that target the chromatin regulatory system. Chromatin is the structure that packages DNA inside cells and helps control which genes are turned on or off. When this regulatory system is disrupted, abnormal gene expression can contribute to cancer and other serious diseases. Foghorn’s scientific strategy is to design therapies that address these disease-driving disruptions at their source.

The company uses a proprietary discovery platform intended to map and understand the interactions among chromatin regulators, genetic alterations, and disease biology. This platform supports the identification of therapeutic targets and the development of drug candidates aimed at selectively correcting abnormal gene expression. Foghorn’s approach is distinctive because it focuses on the machinery that governs gene activity rather than only targeting downstream disease signals.

Its lead program is FHD-909, which is being developed as part of its pipeline of targeted therapeutics. As a clinical-stage company, Foghorn’s value depends heavily on the progress of its research programs, the results of clinical trials, regulatory feedback, intellectual property protection, and its ability to finance development through partnerships or capital markets activity.

Foghorn operates in a competitive area of biotechnology that includes oncology drug development, targeted therapy, and epigenetics-related research. The company has no broad commercial franchise; instead, its investment case is tied to whether its chromatin-focused platform can produce differentiated medicines for patients with genetically defined or biologically specific diseases. Its work places it at the intersection of genomics, cancer biology, and precision therapeutics.

3.64 USD
3.65 USD
+0.01 (+0.28%)
After-hours

Last updated

Market Cap
213.72M
P/E
P/FCF
P/S
7.57
Enterprise Value
126.06M
Sector
Health Care
Industry
Pharmaceutical Preparations
Address
500 TECHNOLOGY SQUARE, CAMBRIDGE, MA, 02139
GlobeNewswire Inc.

Foghorn Therapeutics to Present New Preclinical Data for Selective SMARCA2 Inhibitor FHD-909 and Selective CBP, EP300 and ARID1B Degrader Programs at the 2026 AACR Annual Meeting

09 Apr 2026, 15:00 PM
GlobeNewswire Inc.

Foghorn Therapeutics Highlights January Equity Financing, Program Progress and Strategic Objectives for 2026

10 Jan 2026, 07:20 AM
GlobeNewswire Inc.

4DMT Appoints Kristian Humer as Chief Financial Officer

17 Nov 2025, 15:00 PM
GlobeNewswire Inc.

Foghorn Therapeutics to Participate in Three Upcoming Investor Conferences

27 Aug 2025, 15:00 PM
GlobeNewswire Inc.

Foghorn Therapeutics Provides Second Quarter 2025 Financial and Corporate Update

05 Aug 2025, 15:00 PM
GlobeNewswire Inc.

Foghorn Therapeutics Appoints Neil Gallagher and Stuart Duty to its Board of Directors

01 May 2025, 15:00 PM
GlobeNewswire Inc.

Foghorn Therapeutics to Host Virtual Investor Event to Review Pipeline Updates in Conjunction with 2025 AACR Annual Meeting

15 Apr 2025, 15:00 PM
GlobeNewswire Inc.

Foghorn Therapeutics to Participate in the BMO Oncology Summit

01 Oct 2024, 15:00 PM
GlobeNewswire Inc.

Foghorn Therapeutics Strengthens Leadership Team with Appointment of Anna Rivkin, Ph.D. as Chief Business Officer

03 Sep 2024, 15:00 PM
GlobeNewswire Inc.

Foghorn Therapeutics Provides Second Quarter 2024 Financial and Corporate Update

08 Aug 2024, 15:00 PM
GlobeNewswire Inc.

Foghorn Therapeutics Raises Approximately $110 Million Through Registered Direct Offering to Advance Pipeline

23 May 2024, 02:21 AM
Zacks Investment Research

Foghorn Therapeutics Inc. (FHTX) Reports Q1 Loss, Misses Revenue Estimates

06 May 2024, 16:10 PM
GlobeNewswire Inc.

Foghorn Therapeutics Provides First Quarter 2024 Financial and Corporate Update

06 May 2024, 15:00 PM
GlobeNewswire Inc.

Foghorn Therapeutics Presents New Preclinical Data on Potential First-in-Class BRM Selective Inhibitor FHD-909 and Selective CBP and Selective EP300 Degrader Oncology Programs

10 Apr 2024, 00:30 AM
GlobeNewswire Inc.

Foghorn Therapeutics to Participate in Needham’s 23rd Annual Virtual Healthcare Conference

05 Apr 2024, 15:00 PM
Zacks Investment Research

Does Foghorn Therapeutics (FHTX) Have the Potential to Rally 105.75% as Wall Street Analysts Expect?

02 Apr 2024, 17:55 PM
GlobeNewswire Inc.

Foghorn to Host Conference Call and Webcast on Pipeline of Potential First-in-Class Medicines in Conjunction with the 2024 AACR Annual Meeting

26 Mar 2024, 15:00 PM
Zacks Investment Research

Foghorn Therapeutics Inc. (FHTX) Upgraded to Buy: Here's What You Should Know

13 Mar 2024, 20:00 PM
Zacks Investment Research

Wall Street Analysts Predict a 124.31% Upside in Foghorn Therapeutics Inc. (FHTX): Here's What You Should Know

13 Mar 2024, 17:55 PM
Zacks Investment Research

Foghorn Therapeutics Inc. (FHTX) Reports Q4 Loss, Tops Revenue Estimates

07 Mar 2024, 17:20 PM
Market Cap
213.72M
Enterprise Value
126.06M
P/E
P/B
-2.8
P/S
7.57
EV / EBITDA
-1.65
EV / Sales
4.47
EPS
-1.28
Dividend Yield
0%
P/FCF
P/CF
Free Cash Flow
-87.42M
ROE
98.58%
ROA
-33.9%
Debt / Equity
0
Current Ratio
2.9
Quick Ratio
2.9
Cash
1.36
Avg Volume
149.43K
Fundamentals Snapshot Price
3.64

Income Statement

Line Item 2026 Q1 2025 Q4 2025 Q3 2025 Q2 2025 Q1
Revenue 3.27M 9.25M 8.15M 7.56M 5.95M
Gross profit 3.27M 9.25M 8.15M 7.56M 5.95M
Operating income -21.57M -23.88M -18.5M -21.1M -22.91M
EBITDA -21.34M -17.16M -17.65M -20.25M -22.09M
Net income -19.88M -21.66M -15.85M -17.94M -18.83M
Basic EPS -0.29 -0.34 -0.25 -0.28 -0.3
Diluted EPS -0.29 -0.34 -0.25 -0.28 -0.3

Balance Sheet

Line Item 2026 Q1 2025 Q4 2025 Q3 2025 Q2 2025 Q1
Total assets 222.17M 198.1M 204.96M 226.24M 258.69M
Total liabilities 298.58M 306.6M 294.62M 302.9M 320.34M
Total equity -76.41M -108.5M -89.66M -76.66M -61.65M
Cash & equivalents 87.66M 80.88M 89.33M 72.57M 61.03M
Current assets 186.81M 161.99M 182.87M 202.59M 225.42M
Current liabilities 64.4M 59.74M 85.09M 77.79M 71.31M

Cash Flow

Line Item 2026 Q1 2025 Q4 2025 Q3 2025 Q2 2025 Q1
Operating cash flow -25.27M -22.27M -18.86M -21M -23.97M
Investing cash flow -17.72M 13.23M 35.57M 33.83M 29.4M
Financing cash flow 49.77M 581K 49K 254K 139K
Change in cash 6.79M -8.46M 16.76M 13.09M 5.57M
Kind Filing Date Link
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form 4 Form 4 — Flagship Ventures Opportunities Fund I, L.P. View Filing
form 4 Form 4 — AFEYAN NOUBAR View Filing
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form 4 Form 4 — Flagship Pioneering Special Opportunities Fund II, L.P. View Filing
form 4 Form 4 — Flagship Ventures Opportunities Fund I General Partner LLC View Filing
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edgar index 8-K — Foghorn Therapeutics Inc. View Filing
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edgar index 4 — Foghorn Therapeutics Inc. View Filing