Tango Therapeutics Stock Forum

Based on the technical analysis of Tanco Holdings Bhd (MYX: TANCO), the stock has recently experienced some selling pressure, rendering the stock to close at RM1.68, marking a drop of 9.68%.
​The headwinds suggests that the stock is currently under pressure, but signs indicate that it may have found a temporary support level around the RM1.65 — RM1.70 region.
The price action shows that Tanco has undergone a correction after a strong ral...

Analysts opine that ongoing losses overshadow higher revenue estimates for Tango Therapeutics. The narrow estimate spread indicates easy valuation or heavy reliance on key assumptions. The company's revenues are predicted to lag behind the industry.

Tango Therapeutics' strong share price surge has led to a soaring P/S, but forecasted future revenues may not support this high P/S ratio. With below-industry-average revenue growth predicted, caution is advised as this could potentially harm long-term share prices.

While slowing growth is anticipated for Tango Therapeutics compared to the wider market, its analysts are optimistic about substantial improvements in the sales pipeline.