Foghorn Therapeutics Stock Target Price and Analyst Consensus

FHTX Stock  USD 7.79  0.27  3.59%   
The current analyst and expert consensus on Foghorn Therapeutics is Strong Buy, with 4 strong buy opinions. The current projected Foghorn Therapeutics target price consensus is 15.25 with 7 analyst opinions. Check out Macroaxis Advice on Foghorn Therapeutics to cross-verify analyst projections. Unlike analyst recommendations, Macroaxis provides advice only from the perspective of investor risk tolerance and investment horizon.
For more information on how to buy Foghorn Stock please use our How to Invest in Foghorn Therapeutics guide.
The most common way Foghorn Therapeutics analysts use to provide recommendation to the public is financial statements analysis. Many experts also interview Foghorn Therapeutics executives and customers to further validate their buy or sell advice. Note, the total number of analysts currently providing their opinion is not significant to determine adequate consensus on Foghorn Therapeutics. We strongly encourage you to use your own analysis of Foghorn Therapeutics to validate this buy or sell advice. Foghorn Therapeutics buy-or-sell recommendation module provides average expert sentiment on the projected Foghorn Therapeutics target price to derive its highest and lowest estimates based on projected price volatility of 5.3585.
Lowest Forecast
13.88
Highest Forecast
16.93
Target Price
15.25
Gross Profit is likely to rise to about (71.8 M) in 2024. Pretax Profit Margin is likely to drop to -2.9 in 2024. At this time, Foghorn Therapeutics' Short and Long Term Debt Total is fairly stable compared to the past year. Total Current Liabilities is likely to rise to about 87.8 M in 2024, whereas Total Assets are likely to drop slightly above 280.8 M in 2024.
  
It's important to approach Foghorn Therapeutics' target price projections with caution. While they can be useful as part of a broader investment strategy, they are inherently speculative and subject to various kinds of risk, including market volatility and unforeseen external factors. Always consider multiple aspects and do your own research when making investment decisions.
Analysts determine stock price targets through various methods, including financial modeling, peer comparison, and company analysis. The stock price target is the analyst's best estimate of the future price of a stock and is used by investors to make investment decisions. However, it is important to note that stock price targets are not guaranteed, and the actual price of a stock can differ significantly from the target due to various factors such as market conditions, economic events, and company developments.

Steps to utilize Foghorn Therapeutics price targets

Foghorn Therapeutics' stock target price is an estimate of its future price, usually made by analysts. Using Foghorn Therapeutics' target price to determine if it is a suitable investment can be done through the following steps:
  • Look at Foghorn Therapeutics' target prices provided by various analysts and compare them. This can help you gain a more balanced view of the Stock's potential.
  • Look at the analyst's track record to determine if they have a history of accurately predicting stock prices.
  • Look at the Company's financials, including revenue, earnings, and debt, to determine if it is in good financial health.
  • Consider market conditions. For example, take into account the state of the economy, competition, and regulatory environment, to determine if Foghorn Therapeutics' stock is likely to perform well.
  • Diversify your portfolio and do not rely solely on stock target prices to make investment decisions. Invest in a mix of stocks, bonds, and other assets to manage risk.
Remember that stock target prices are just estimates and are subject to change. Therefore, using them as one factor in a larger investment strategy is essential rather than relying solely on them to make decisions.

Additional Foghorn Therapeutics Value Projection Modules

Most investment researchers agree that the mispricing and readjustment of any Stock value happens often and is sometimes even predictable, but there is no strong theory explaining why it happens. The current price of Foghorn Therapeutics is a key component of Foghorn Therapeutics valuation and have some predictive power on the future returns of a Foghorn Therapeutics.
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Foghorn Therapeutics' price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Hype
Prediction
LowEstimatedHigh
2.417.7713.13
Details
Intrinsic
Valuation
LowRealHigh
4.069.4214.78
Details
Earnings
Estimates (0)
LowProjected EPSHigh
-0.45-0.42-0.4
Details

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Additional Tools for Foghorn Stock Analysis

When running Foghorn Therapeutics' price analysis, check to measure Foghorn Therapeutics' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Foghorn Therapeutics is operating at the current time. Most of Foghorn Therapeutics' value examination focuses on studying past and present price action to predict the probability of Foghorn Therapeutics' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Foghorn Therapeutics' price. Additionally, you may evaluate how the addition of Foghorn Therapeutics to your portfolios can decrease your overall portfolio volatility.