Foghorn Therapeutics (FHTX)
NasdaqMarket Closed
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.
Last updated
- Market Cap
- $285,349,661
- P/E
- —
- P/FCF
- —
- P/S
- 10.11
- Enterprise Value
- $197,686,661
- Sector
- Materials
- Industry
- Pharmaceutical Preparations
- Address
- 500 TECHNOLOGY SQUARE, CAMBRIDGE, MA, 02139
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
Foghorn Therapeutics Highlights January Equity Financing, Program Progress and Strategic Objectives for 2026
Foghorn Therapeutics to Participate in Three Upcoming Investor Conferences
- Market Cap
Market cap is the total value of a company's shares, calculated by multiplying the stock price by the number of shares outstanding.
- $285,349,661
- Enterprise Value
Enterprise value is the total value of a company, including its market cap, debt, and cash.
- $197,686,661
- P/E
P/E ratio compares a company's share price to its earnings per share.
- —
- P/B
P/B ratio compares a company's share price to its book value per share.
- -3.73
- P/S
P/S ratio compares a company's share price to its revenue per share.
- 10.11
- EV / EBITDA
EV/EBITDA measures a company's value compared to its earnings before interest, taxes, depreciation, and amortization.
- -2.59
- EV / Sales
EV/Sales measures a company's value compared to its total revenue.
- 7
- EPS
- -1.28
- Dividend Yield
Dividend yield shows how much a company pays in dividends each year compared to its share price.
- 0%
- P/FCF
Price-to-free-cash-flow ratio compares a company's share price to the cash it generates after expenses and investments.
- —
- P/CF
P/CF ratio compares a company's share price to the cash flow it generates from its operations.
- —
- Free Cash Flow
Free cash flow is the cash a company has left after covering operating costs and capital expenses.
- -$87,419,000
- ROE
ROE measures how effectively a company uses shareholders' equity to generate profit.
- 98.58%
- ROA
ROA measures how effectively a company uses its assets to generate profit.
- -33.9%
- Debt / Equity
Debt-to-equity ratio compares a company's total debt to its shareholders' equity.
- 0
- Current Ratio
Current ratio measures a company's ability to pay short-term debts using its short-term assets.
- 2.9
- Quick Ratio
Quick ratio measures a company's ability to pay short-term debts using cash and other easily available assets.
- 2.9
- Cash
Cash ratio measures a company's ability to cover short-term debts using only cash and cash equivalents.
- 1.36
- Avg Volume
Average volume shows the average number of shares traded over the last 30 trading days, helping indicate liquidity.
- $339,874
- Fundamentals Snapshot Price
Fundamentals snapshot price is the stock price used when calculating the company's financial ratios and metrics.
- 4.86
Income Statement
| Line Item | 2026 Q2 | 2026 Q1 | 2025 Q4 | 2025 Q3 | 2025 Q2 |
|---|---|---|---|---|---|
| Revenue | 16.07M | 3.27M | 9.25M | 8.15M | 7.56M |
| Cost of revenue | 0 | 0 | 0 | 0 | 0 |
| Gross profit | 16.07M | 3.27M | 9.25M | 8.15M | 7.56M |
| Operating income | -8.81M | -21.57M | -23.88M | -18.5M | -21.1M |
| EBITDA | -8.58M | -21.34M | -17.16M | -17.65M | -20.25M |
| Net income | -7.19M | -19.88M | -21.66M | -15.85M | -17.94M |
| Income taxes | 0 | 0 | 0 | 0 | 0 |
| Interest expense | 0 | 0 | 0 | 0 | 0 |
| Other operating expenses | 0 | 0 | 4.28M | 0 | 0 |
| Total operating expenses | 24.88M | 24.84M | 33.13M | 26.65M | 28.65M |
| Basic EPS | -0.1 | -0.29 | -0.34 | -0.25 | -0.28 |
| Diluted EPS | -0.1 | -0.29 | -0.34 | -0.25 | -0.28 |
Balance Sheet
| Line Item | 2026 Q2 | 2026 Q1 | 2025 Q4 | 2025 Q3 | 2025 Q2 |
|---|---|---|---|---|---|
| Total assets | 203.39M | 222.17M | 198.1M | 204.96M | 226.24M |
| Total liabilities | 284.43M | 298.58M | 306.6M | 294.62M | 302.9M |
| Total equity | -81.04M | -76.41M | -108.5M | -89.66M | -76.66M |
| Cash & equivalents | 68.08M | 87.66M | 80.88M | 89.33M | 72.57M |
| Current assets | 170.05M | 188.06M | 163.24M | 184.12M | 203.84M |
| Current liabilities | 50.58M | 64.4M | 59.74M | 85.09M | 77.79M |
| Accounts payable | 11.17M | 10.24M | 15.62M | 3.21M | 3.32M |
| Receivables | 0 | 0 | 0 | 0 | 0 |
| Inventories | 0 | 0 | 0 | 0 | 0 |
| Goodwill | 0 | 0 | 0 | 0 | 0 |
| Long-term debt | 0 | 0 | 0 | 0 | 0 |
Cash Flow
| Line Item | 2026 Q2 | 2026 Q1 | 2025 Q4 | 2025 Q3 | 2025 Q2 |
|---|---|---|---|---|---|
| Operating cash flow | -17.84M | -25.27M | -22.27M | -18.86M | -21M |
| Investing cash flow | -2.97M | -17.72M | 13.23M | 35.57M | 33.83M |
| Financing cash flow | -22K | 49.77M | 581K | 49K | 254K |
| Change in cash | -20.83M | 6.79M | -8.46M | 16.76M | 13.09M |
| Net income | -7.19M | -19.88M | -21.66M | -15.85M | -17.94M |
| Kind | Filing | Date | Link |
|---|---|---|---|
| edgar index | 8-K — Foghorn Therapeutics Inc. | View Filing | |
| edgar index | 10-Q — Foghorn Therapeutics Inc. | View Filing | |
| eight k text | 8-K — 8-K | View Filing | |
| edgar index | 4 — Foghorn Therapeutics Inc. | View Filing | |
| edgar index | 4 — Foghorn Therapeutics Inc. | View Filing | |
| edgar index | 4 — Foghorn Therapeutics Inc. | View Filing | |
| edgar index | 4 — Foghorn Therapeutics Inc. | View Filing | |
| edgar index | 4 — Foghorn Therapeutics Inc. | View Filing | |
| edgar index | 4 — Foghorn Therapeutics Inc. | View Filing | |
| edgar index | 4 — Foghorn Therapeutics Inc. | View Filing | |
| edgar index | 4 — Foghorn Therapeutics Inc. | View Filing | |
| edgar index | 4 — Foghorn Therapeutics Inc. | View Filing | |
| edgar index | 8-K — Foghorn Therapeutics Inc. | View Filing | |
| eight k text | 8-K — 8-K | View Filing | |
| form 4 | Form 4 — PARSHALL B LYNNE | View Filing | |
| form 4 | Form 4 — GILL SIMBA | View Filing | |
| form 4 | Form 4 — SMITH IAN F | View Filing | |
| form 4 | Form 4 — Lynch Thomas J. Jr. | View Filing | |
| form 4 | Form 4 — Cole Douglas G. | View Filing | |
| form 4 | Form 4 — Biller Scott | View Filing | |
| form 4 | Form 4 — Mendelsohn Michael | View Filing | |
| form 4 | Form 4 — Duty Stuart | View Filing | |
| form 4 | Form 4 — Gallagher Neil | View Filing | |
| edgar index | SCHEDULE 13G/A — Foghorn Therapeutics Inc. | View Filing | |
| edgar index | SCHEDULE 13G/A — Foghorn Therapeutics Inc. | View Filing | |
| edgar index | 8-K — Foghorn Therapeutics Inc. | View Filing | |
| edgar index | 10-Q — Foghorn Therapeutics Inc. | View Filing | |
| eight k text | 8-K — 8-K | View Filing | |
| edgar index | SCHEDULE 13G/A — Foghorn Therapeutics Inc. | View Filing | |
| edgar index | DEF 14A — Foghorn Therapeutics Inc. | View Filing | |
| edgar index | DEFA14A — Foghorn Therapeutics Inc. | View Filing | |
| edgar index | ARS — Foghorn Therapeutics Inc. | View Filing | |
| edgar index | 8-K — Foghorn Therapeutics Inc. | View Filing | |
| eight k text | 8-K — 8-K | View Filing | |
| edgar index | 4 — Foghorn Therapeutics Inc. | View Filing | |
| form 4 | Form 4 — GOTTSCHALK ADRIAN | View Filing | |
| form 4 | Form 4 — GOTTSCHALK ADRIAN | View Filing | |
| form 4 | Form 4 — GOTTSCHALK ADRIAN | View Filing | |
| form 4 | Form 4 — GOTTSCHALK ADRIAN | View Filing | |
| edgar index | S-8 — Foghorn Therapeutics Inc. | View Filing | |
| edgar index | 8-K — Foghorn Therapeutics Inc. | View Filing | |
| edgar index | 10-K — Foghorn Therapeutics Inc. | View Filing | |
| eight k text | 8-K — 8-K | View Filing | |
| ten k section | 10-K — business | View Filing | |
| ten k section | 10-K — mda | View Filing | |
| ten k section | 10-K — risk_factors | View Filing | |
| edgar index | 3 — Foghorn Therapeutics Inc. | View Filing | |
| edgar index | 4 — Foghorn Therapeutics Inc. | View Filing | |
| edgar index | 8-K — Foghorn Therapeutics Inc. | View Filing | |
| eight k text | 8-K — 8-K | View Filing | |
| form 4 | Form 4 — Maynard Ryan D | View Filing | |
| edgar index | 4 — Foghorn Therapeutics Inc. | View Filing | |
| form 4 | Form 4 — GOTTSCHALK ADRIAN | View Filing | |
| edgar index | 4 — Foghorn Therapeutics Inc. | View Filing | |
| edgar index | 4 — Foghorn Therapeutics Inc. | View Filing | |
| edgar index | 4 — Foghorn Therapeutics Inc. | View Filing | |
| edgar index | 4 — Foghorn Therapeutics Inc. | View Filing | |
| edgar index | 4 — Foghorn Therapeutics Inc. | View Filing | |
| form 4 | Form 4 — Cardama Alfonso Quintas | View Filing | |
| form 4 | Form 4 — Bellon Steven F. | View Filing | |
| form 4 | Form 4 — LaCascia Michael | View Filing | |
| form 4 | Form 4 — Costa Carlos | View Filing | |
| form 4 | Form 4 — Rivkin Anna | View Filing | |
| edgar index | 4 — Foghorn Therapeutics Inc. | View Filing | |
| edgar index | SCHEDULE 13D/A — Foghorn Therapeutics Inc. | View Filing | |
| form 4 | Form 4 — Flagship Ventures Opportunities Fund I General Partner LLC | View Filing | |
| form 4 | Form 4 — Flagship Ventures Opportunities Fund I, L.P. | View Filing | |
| form 4 | Form 4 — AFEYAN NOUBAR | View Filing | |
| form 4 | Form 4 — Flagship Pioneering Special Opportunities Fund II General Partner LLC | View Filing | |
| form 4 | Form 4 — Flagship Pioneering Fund VII, L.P. | View Filing | |
| form 4 | Form 4 — Flagship Pioneering Fund VII General Partner LLC | View Filing | |
| form 4 | Form 4 — Flagship Ventures Fund V General Partner LLC | View Filing | |
| form 4 | Form 4 — Flagship Pioneering, LLC | View Filing | |
| form 4 | Form 4 — Flagship Pioneering Special Opportunities Fund II, L.P. | View Filing | |
| form 4 | Form 4 — Flagship Ventures Fund V, L.P. | View Filing |