Foghorn Therapeutics (FHTX) Stock Forecast, Price Target & Predictions


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FHTX Stock Forecast


Foghorn Therapeutics stock forecast is as follows: an average price target of $14.00 (represents a 172.37% upside from FHTX’s last price of $5.14) and a rating consensus of 'Buy', based on 5 wall street analysts offering a 1-year stock forecast.

FHTX Price Target


The average price target for Foghorn Therapeutics (FHTX) is $14.00 based on 1-year price targets from 5 Wall Street analysts in the past 3 months, with a price target range of $20.00 to $9.00. This represents a potential 172.37% upside from FHTX's last price of $5.14.

FHTX Analyst Ratings


Buy

According to 5 Wall Street analysts, Foghorn Therapeutics's rating consensus is 'Buy'. The analyst rating breakdown for FHTX stock is 0 'Strong Buy' (0.00%), 4 'Buy' (80.00%), 1 'Hold' (20.00%), 0 'Sell' (0.00%), and 0 'Strong Sell' (0.00%).

Foghorn Therapeutics Price Target by Analyst


DateAnalystCompanyPrice TargetPrice when PublishedPrice Target/Price when PublishedPrice Target/Last Closing Price
Dec 17, 2024Foghorn Therapeutics to $H.C. Wainwright$13.00$6.26107.67%152.92%
Sep 24, 2024Vikram PurohitMorgan Stanley$9.00$9.32-3.43%75.10%
Aug 19, 2024Gavin Clark-GartnerEvercore ISI$20.00$6.26219.49%289.11%
Jan 05, 2023BMO Capital$20.00$6.53206.28%289.11%
Nov 21, 2022Morgan Stanley$14.00$7.8777.89%172.37%
Aug 23, 2022Vikram PurohitMorgan Stanley$15.00$10.8937.74%191.83%

The latest Foghorn Therapeutics stock forecast, released on Dec 17, 2024 by Foghorn Therapeutics to $ from H.C. Wainwright, set a price target of $13.00, which represents a 107.67% increase from the stock price at the time of the forecast ($6.26), and a 152.92% increase from FHTX last price ($5.14).

Foghorn Therapeutics Price Target by Period


1M3M12M
# Anlaysts123
Avg Price Target$13.00$11.00$14.00
Last Closing Price$5.14$5.14$5.14
Upside/Downside152.92%114.01%172.37%

In the current month, the average price target of Foghorn Therapeutics stock is $13.00, according to 1 Wall Street analyst offering twelve months forecast. The average price target represents a 152.92% increase as opposed to Foghorn Therapeutics's last price of $5.14. This month's average price target is up 18.18% compared to last quarter, and down -7.14% compared to last year.

Analyst Ratings Upgrades/Downgrades


DateCompanyPrevious RatingNew RatingRating Change
Sep 24, 2024Morgan StanleyEqual-WeightEqual-WeightHold
Sep 03, 2024JefferiesBuyInitialise
Aug 19, 2024Evercore ISIOutperformInitialise
Jun 29, 2023Goldman SachsBuyBuyHold
Jan 05, 2023BMO CapitalOutperformInitialise
Nov 21, 2022Morgan StanleyEqual-WeightEqual-WeightHold
Aug 23, 2022Morgan StanleyOverweightHoldDowngrade
May 23, 2022Morgan StanleyOverweightOverweightHold

Foghorn Therapeutics's last stock rating was published by Morgan Stanley on Sep 24, 2024. The company gave FHTX a "Equal-Weight" rating, the same as its previous rate.

Foghorn Therapeutics Financial Forecast


Foghorn Therapeutics Revenue Forecast

Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20
Revenue---------$17.48M$5.60M$5.31M$4.18M$6.63M$4.49M$3.92M$713.00K$41.00K$279.00K$286.00K$251.00K$179.00K
Avg Forecast$11.23M$5.93M$5.78M$5.64M$7.13M$6.34M$6.04M$6.91M$4.54M$4.58M$6.32M$5.04M$8.48M$9.19M$9.58M$9.43M$709.75K$30.75K$279.00K$190.67K$500.00K$626.33K
High Forecast$11.48M$6.06M$5.91M$5.74M$14.45M$6.37M$6.04M$7.06M$6.94M$4.68M$6.46M$5.15M$8.66M$9.19M$9.58M$9.43M$709.75K$30.75K$279.00K$190.67K$500.00K$626.33K
Low Forecast$11.03M$5.82M$5.68M$5.53M$4.58M$6.30M$6.04M$6.79M$1.49M$4.50M$6.21M$4.95M$8.33M$9.19M$9.58M$9.43M$709.75K$30.75K$279.00K$190.67K$500.00K$626.33K
# Analysts1113422242221111222222
Surprise %---------3.81%0.89%1.05%0.49%0.72%0.47%0.42%1.00%1.33%1.00%1.50%0.50%0.29%

Foghorn Therapeutics's average Quarter revenue forecast for Dec 23 based on 4 analysts is $4.54M, with a low forecast of $1.49M, and a high forecast of $6.94M. FHTX's average Quarter revenue forecast represents a -74.01% decrease compared to the company's last Quarter revenue of $17.48M (Sep 23).

Foghorn Therapeutics EBITDA Forecast

Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20
# Analysts1113422242221111222222
EBITDA---------$-17.08M$-31.17M$-33.32M$-37.14M$-24.93M$-26.49M$-26.10M$70.59M$-24.72M$-21.83M$-21.73M$1.06M$236.51K
Avg Forecast$-6.74M$-3.56M$-3.47M$-3.38M$-4.28M$-3.80M$-3.62M$-4.15M$-2.73M$-2.75M$-3.79M$-3.02M$-5.09M$-5.51M$-5.75M$-5.66M$-425.85K$-18.45K$-167.40K$-22.07M$-300.00K$-375.80K
High Forecast$-6.62M$-3.49M$-3.41M$-3.32M$-2.75M$-3.78M$-3.62M$-4.07M$-893.76K$-2.70M$-3.73M$-2.97M$-5.00M$-5.51M$-5.75M$-5.66M$-425.85K$-18.45K$-167.40K$-17.66M$-300.00K$-375.80K
Low Forecast$-6.89M$-3.64M$-3.54M$-3.44M$-8.67M$-3.82M$-3.62M$-4.24M$-4.16M$-2.81M$-3.88M$-3.09M$-5.20M$-5.51M$-5.75M$-5.66M$-425.85K$-18.45K$-167.40K$-26.49M$-300.00K$-375.80K
Surprise %---------6.21%8.22%11.02%7.30%4.52%4.61%4.61%-165.77%1339.84%130.42%0.98%-3.52%-0.63%

1 analysts predict FHTX's average Quarter EBITDA for Mar 22 to be $-5.66M, with a high of $-5.66M and a low of $-5.66M. This is -108.01% lower than Foghorn Therapeutics's previous annual EBITDA (Dec 21) of $70.59M.

Foghorn Therapeutics Net Income Forecast

Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20
# Analysts1113422242221111222222
Net Income---------$-14.35M$-29.49M$-30.49M$-34.13M$-23.28M$-25.44M$-26.02M$170.75M$-26.08M$-23.11M$-22.99M$-68.80K-
Avg Forecast$-20.35M$-26.29M$-26.29M$-26.08M$-20.45M$-26.92M$-39.91M$-39.65M$-46.58M$-43.82M$-44.45M$-44.29M$-37.19M$-29.53M$-29.53M$-27.08M$-38.27M$-34.82M$-31.46M$-23.35M$-21.79M$-157.15M
High Forecast$-19.87M$-25.68M$-25.68M$-23.85M$-15.83M$-26.30M$-38.98M$-38.73M$-37.14M$-42.81M$-43.42M$-43.26M$-36.32M$-29.53M$-29.53M$-27.08M$-38.27M$-34.82M$-31.46M$-18.68M$-21.79M$-157.15M
Low Forecast$-20.92M$-27.03M$-27.03M$-27.58M$-23.75M$-27.68M$-41.03M$-40.77M$-55.42M$-45.06M$-45.70M$-45.54M$-38.23M$-29.53M$-29.53M$-27.08M$-38.27M$-34.82M$-31.46M$-28.02M$-21.79M$-157.15M
Surprise %---------0.33%0.66%0.69%0.92%0.79%0.86%0.96%-4.46%0.75%0.73%0.98%0.00%-

Foghorn Therapeutics's average Quarter net income forecast for Mar 22 is $-27.08M, with a range of $-27.08M to $-27.08M. FHTX's average Quarter net income forecast represents a -115.86% decrease compared to the company's last Quarter net income of $170.75M (Dec 21).

Foghorn Therapeutics SG&A Forecast

Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20
# Analysts1113422242221111222222
SG&A---------$8.31M$8.40M$8.64M$7.86M$7.96M$7.70M$7.22M$-15.37M$5.81M$4.90M$4.69M$4.56M$2.56M
Avg Forecast$103.73M$54.76M$53.37M$52.05M$65.80M$58.54M$55.78M$63.81M$41.95M$42.32M$58.41M$46.52M$78.29M$84.56M$88.21M$86.80M$6.53M$283.03K$2.57M$1.75M$4.60M$5.76M
High Forecast$105.98M$55.95M$54.53M$52.97M$133.45M$58.85M$55.78M$65.20M$64.08M$43.24M$59.67M$47.53M$79.99M$84.56M$88.21M$86.80M$6.53M$283.03K$2.57M$1.75M$4.60M$5.76M
Low Forecast$101.88M$53.79M$52.42M$51.06M$42.28M$58.22M$55.78M$62.67M$13.76M$41.57M$57.36M$45.69M$76.90M$84.56M$88.21M$86.80M$6.53M$283.03K$2.57M$1.75M$4.60M$5.76M
Surprise %---------0.20%0.14%0.19%0.10%0.09%0.09%0.08%-2.35%20.52%1.91%2.67%0.99%0.44%

Foghorn Therapeutics's average Quarter SG&A projection for Dec 23 is $41.95M, based on 4 Wall Street analysts, with a range of $13.76M to $64.08M. The forecast indicates a 404.95% rise compared to FHTX last annual SG&A of $8.31M (Sep 23).

Foghorn Therapeutics EPS Forecast

Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20
# Analysts1113422242221111222222
EPS---------$-0.34$-0.70$-0.73$-0.82$-0.56$-0.61$-0.63$4.62$-0.71$-0.63$-0.62$-0.00$-0.51
Avg Forecast$-0.33$-0.42$-0.42$-0.42$-0.33$-0.43$-0.64$-0.63$-0.74$-0.70$-0.71$-0.71$-0.59$-0.57$-0.57$-0.53$-0.74$-0.68$-0.61$-0.60$-0.42$-3.05
High Forecast$-0.32$-0.41$-0.41$-0.38$-0.25$-0.42$-0.62$-0.62$-0.59$-0.68$-0.69$-0.69$-0.58$-0.57$-0.57$-0.53$-0.74$-0.68$-0.61$-0.60$-0.42$-3.05
Low Forecast$-0.33$-0.43$-0.43$-0.44$-0.38$-0.44$-0.66$-0.65$-0.89$-0.72$-0.73$-0.73$-0.61$-0.57$-0.57$-0.53$-0.74$-0.68$-0.61$-0.60$-0.42$-3.05
Surprise %---------0.49%0.99%1.03%1.38%0.98%1.07%1.20%-6.23%1.05%1.03%1.03%0.01%0.17%

According to 1 Wall Street analysts, Foghorn Therapeutics's projected average Quarter EPS for Mar 22 is $-0.53, with a low estimate of $-0.53 and a high estimate of $-0.53. This represents a -111.36% decrease compared to FHTX previous annual EPS of $4.62 (Dec 21).

Foghorn Therapeutics Peer Comparison by Price Target


TickerCompanyLast Closing PriceAvg Price TargetUpside/DownsideAvg Rating
STTKShattuck Labs$1.15$12.00943.48%Hold
MOLNMolecular Partners$5.25$29.00452.38%Buy
CCCCC4 Therapeutics$4.05$20.00393.83%Buy
ANEBAnebulo Pharmaceuticals$1.31$6.00358.02%Buy
PRLDPrelude Therapeutics$0.89$4.00349.44%Sell
IPSCCentury Therapeutics$1.17$5.00327.35%Buy
PMVPPMV Pharmaceuticals$1.52$6.00294.74%Buy
CGEMCullinan Oncology$11.49$34.00195.91%Buy
FHTXFoghorn Therapeutics$5.51$14.00154.08%Buy
MLYSMineralys Therapeutics$12.35$30.00142.91%Buy
STOKStoke Therapeutics$12.10$26.50119.01%Buy
NRIXNurix Therapeutics$21.18$32.6754.25%Buy
EWTXEdgewise Therapeutics$30.17$46.2553.30%Buy
RZLTRezolute$4.44$6.6750.23%Buy
KYMRKymera Therapeutics$42.30$58.6038.53%Buy

FHTX Forecast FAQ


Is Foghorn Therapeutics a good buy?

Yes, according to 5 Wall Street analysts, Foghorn Therapeutics (FHTX) is considered a 'Buy'. The rating consensus is based on 0 'Strong Buy' and 4 'Buy' recommendations, accounting for 80.00% of FHTX's total ratings.

What is FHTX's price target?

Foghorn Therapeutics (FHTX) average price target is $14 with a range of $9 to $20, implying a 172.37% from its last price of $5.14. The data is based on 5 Wall Street analysts who provided a twelve-month price target estimate in the last three months.

Will Foghorn Therapeutics stock go up soon?

According to Wall Street analysts' prediction for FHTX stock, the company can go up by 172.37% (from the last price of $5.14 to the average price target of $14), up by 289.11% based on the highest stock price target, and up by 75.10% based on the lowest stock price target.

Can Foghorn Therapeutics stock reach $8?

FHTX's average twelve months analyst stock price target of $14 supports the claim that Foghorn Therapeutics can reach $8 in the near future.

What is Foghorn Therapeutics's current price target trend?

1 Wall Street analyst forecast a $13 price target for Foghorn Therapeutics (FHTX) this month, up 152.92% from its last price of $5.14. Compared to the last 3 and 12 months, the average price target increased by 114.01% and increased by 172.37%, respectively.

What are Foghorn Therapeutics's analysts' financial forecasts?

Foghorn Therapeutics's analysts financial forecasts for the fiscal year (Dec 2024) are as follows: average revenue is $26.41M (high $33.92M, low $23.71M), average EBITDA is $-15.849M (high $-14.226M, low $-20.354M), average net income is $-127M (high $-120M, low $-133M), average SG&A $243.93M (high $313.28M, low $218.96M), and average EPS is $-2.028 (high $-1.914, low $-2.128). FHTX's analysts financial forecasts for the fiscal year (Dec 2025) are as follows: average revenue is $28.58M (high $29.18M, low $28.06M), average EBITDA is $-17.147M (high $-16.838M, low $-17.506M), average net income is $-99.017M (high $-95.09M, low $-103M), average SG&A $263.91M (high $269.43M, low $259.15M), and average EPS is $-1.582 (high $-1.519, low $-1.638).

Did the FHTX's actual financial results beat the analysts' financial forecasts?

Based on Foghorn Therapeutics's last annual report (Dec 2023), the company's revenue was $34.16M, beating the average analysts forecast of $20.49M by 66.71%. Apple's EBITDA was $-108M, beating the average prediction of $-12.293M by 777.81%. The company's net income was $-98.426M, missing the average estimation of $-179M by -45.06%. Apple's SG&A was $32.37M, missing the average forecast of $189.2M by -82.89%. Lastly, the company's EPS was $-0.0023, missing the average prediction of $-2.861 by -99.92%. In terms of the last quarterly report (Sep 2023), Foghorn Therapeutics's revenue was $17.48M, beating the average analysts' forecast of $4.58M by 281.38%. The company's EBITDA was $-17.081M, beating the average prediction of $-2.75M by 521.20%. Foghorn Therapeutics's net income was $-14.345M, missing the average estimation of $-43.822M by -67.27%. The company's SG&A was $8.31M, missing the average forecast of $42.32M by -80.37%. Lastly, the company's EPS was $-0.34, missing the average prediction of $-0.7 by -51.43%