Foghorn Therapeutics Inc. (FHTX)
NASDAQ: FHTX · IEX Real-Time Price · USD
6.71
+0.43 (6.85%)
Mar 28, 2024, 4:00 PM EDT - Market closed

Foghorn Therapeutics Stock Forecast

Stock Price Forecast

The 6 analysts with 12-month price forecasts for FHTX stock have an average target of 14.5, with a low estimate of 6.00 and a high estimate of 20. The average target predicts an increase of 116.10% from the current stock price of 6.71.

Analyst Consensus: Strong Buy
Target Low Average Median High
Price $6.00 $14.5 $19 $20
Change -10.58% +116.10% +183.16% +198.06%

Analyst Ratings

The average analyst rating for FHTX stock from 6 stock analysts is "Strong Buy". This means that analysts believe this stock is likely to perform very well in the near future and significantly outperform the market.

Recommendation Trends

Rating Oct '23Nov '23Dec '23Jan '24Feb '24Mar '24
Strong Buy 333333
Buy 222222
Hold 111111
Sell 000000
Strong Sell 000000
Total 666666

Latest Forecasts

Analyst Firm Rating Rating Action Price Target Upside Date
Wedbush
Wedbush
Buy
Reiterates
$13
Buy Reiterates $13 +93.74% Mar 8, 2024
Morgan Stanley
Morgan Stanley
Hold
Maintains
$10$6
Hold Maintains $10$6 -10.58% Nov 13, 2023
HC Wainwright & Co.
HC Wainwright & Co.
Strong Buy
Reiterates
$20
Strong Buy Reiterates $20 +198.06% Aug 7, 2023
Morgan Stanley
Morgan Stanley
Hold
Maintains
$13$10
Hold Maintains $13$10 +49.03% Jul 6, 2023
Goldman Sachs
Goldman Sachs
Strong Buy
Maintains
$21$19
Strong Buy Maintains $21$19 +183.16% Jun 29, 2023
More Analyst Ratings

Financial Forecast

Revenue This Year
32.36M
from 34.16M
Decreased by -5.25%
Revenue Next Year
37.92M
from 32.36M
Increased by 17.17%
EPS This Year
-2.29
from -2.34
EPS Next Year
-1.89
from -2.29
Year 2019202020212022202320242025202620272028
Revenue
-430.00K1.32M19.23M34.16M32.36M37.92M63.99M170.09M312.45M
Revenue Growth
--206.74%1,357.77%77.63%-5.25%17.17%68.76%165.80%83.70%
EPS
-12.20-6.23-2.73-2.62-2.34-2.29-1.89-1.830.142.33
EPS Growth
---------1,532.14%
No. Analysts -----87444
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 20242025202620272028
High 52.5M 63.0M 102.8M 345.3M 610.9M
Avg 32.4M 37.9M 64.0M 170.1M 312.5M
Low n/a n/a 39.5M 76.3M 162.6M

Revenue Growth

Revenue Growth 20242025202620272028
High
53.7%
94.7%
171.1%
439.6%
259.2%
Avg
-5.2%
17.2%
68.8%
165.8%
83.7%
Low - -
4.2%
19.3%
-4.4%

EPS Forecast

EPS 20242025202620272028
High -1.84 -1.51 -1.17 1.96 5.34
Avg -2.29 -1.89 -1.83 0.14 2.33
Low -2.74 -2.48 -2.43 -1.56 -0.51

EPS Growth

EPS Growth 20242025202620272028
High - - - -
3,642.6%
Avg - - - -
1,532.1%
Low - - - - -
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.