4D Molecular Therapeutics, Inc. FDMT

14.47 (0.24) (1.63%) as of 25 Sep
Market cap
$807.1M
P/E
0.0×

Insider Decisions

Total sells 4.65
in millions of $
Nov 25 Feb 26 May 26 Aug 26
Buy — — — — — — — — — — — —
Sell 3 1 2 — — 1 — — 4 1 4 3
Insider Ownership 28.25%

Capital & Financial Ratios

Market Cap 807.12
Revenue 92.01
Net Income (179.17)
Free Cash Flow (155.96)
Net Debt (341.75)
Current Ratio 8.03
Debt/Equity 0.05
P/E ratio 0.00
P/S ratio 11.05
P/B ratio 2.49
Past 5Y EPS Growth (9.89%)
This Y EPS Growth (70.91%)
Next Y EPS Growth 1.11%
Next 5Y EPS Growth (15.84%)
in millions of $

Dividends

Payout Ratio 0.00
Annual Dividend Rate —
Annual Dividend Yield —
total individual payouts
2025 Powerpack
2024 Powerpack
2023 Powerpack
2022 Powerpack
2021 Powerpack
predictions in italic, special payouts not included in total or ratios

Assets vs Liabilities

2023 2024 2025 Q'26
Cash 288 425 403 361
Receivables — — — 5
Inventory — — — —
Other — — — —
297 435 413 383
2023 2024 2025 Q'26
Payables 4 4 11 13
ST’ Debt — — — —
Other — — — —
19 29 44 48
in millions of $

Compound Annual Growth

10y 5y 3y
Sales — 44.32% 200.86%
Cash Flow — 0.00% 0.00%
Earnings — 0.00% 0.00%
Book Value — 14.55% 29.78%

Revenue

Mar Jun Sep Dec Year
’26 3 4 — — —
’25 0 0 0 85 85
’24 0 0 0 0 0
’23 0 0 20 — 21
’22 1 0 1 1 3
’21 2 15 1 0 18
’20 4 4 7 (1) 14
in millions of $ · fiscal quarters ending in the months shown
value withheld pending a data check

Operating Cash Flow

Mar Jun Sep Dec Year
’26 (68) (70) — — —
’25 (48) (43) (46) 29 (109)
’24 (29) (30) (29) (46) (135)
’23 (28) (22) (1) (25) (76)
’22 (24) (20) (21) (22) (87)
’21 (15) (16) (16) (22) (69)
’20 (14) (6) (13) (17) (51)
in millions of $ · fiscal quarters ending in the months shown

Free Cash Flow

Mar Jun Sep Dec Year
’26 (68) (70) — — —
’25 (48) (43) (46) 29 (110)
’24 (30) (31) (31) (47) (138)
’23 (29) (23) (2) (25) (79)
’22 (30) (22) (23) (23) (98)
’21 (16) (17) (18) (27) (78)
’20 (15) (6) (13) (18) (52)
in millions of $ · fiscal quarters ending in the months shown

EPS

Mar Jun Sep Dec Year
’26 (1.01) (1.04) — — —
’25 (0.86) (0.98) (1.01) 0.43 (2.42)
’24 (0.66) (0.63) (0.79) (0.90) (2.98)
’23 (0.88) (0.77) (0.24) (0.77) (2.58)
’22 (0.82) (0.87) (0.79) (0.84) (3.32)
’21 (0.61) (0.28) (0.82) (0.85) (2.57)
’20 (2.54) (2.92) (1.51) (1.85) (8.82)
fiscal quarters ending in the months shown

Target Price Range

Analyst price targets

Recommendation Rating

1.3
1Buy 2 3Hold 4 5Sell
2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028
— — — — 36.10 18.57 5.32 9.44 5.22 2.24

Analyst estimates 2026–2028

Powerpack
Low Price
— — — — 49.06 55.11 26.49 24.10 36.25 12.34
High Price
— — — — 83 124 140 147 227 196
Employees
— 0 0 0 0 0 0 0 0 0
Revenue/Emp
— 6 14 7 14 18 3 21 0 85
Revenue
— 0.00% 0.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00%
Gross Margin
— (11) (10) (49) (57) (71) (107) (101) (161) (140)
EBT
— (193.83%) (67.59%) (705.78%) (416.49%) (395.37%) (3,435.41%) (486.59%) (434,778.38%) (164.43%)
EBT Margin
— 0 (10) (49) (57) (71) (107) (101) (161) (140)
Net Income
— 1 1 1 1 2 3 3 (3) 0
Depreciation
— 0.23 0.57 1.36 2.12 0.65 0.10 0.53 0.00 1.47
Revenue/Sh
— (0.45) (0.38) (9.59) (8.82) (2.57) (3.32) (2.58) (2.98) (2.42)
Earnings/Sh
— 0.33 (0.65) (7.14) (7.92) (2.49) (2.68) (1.94) (2.49) (1.88)
Cash Flow/Sh
— 0.00 0.00 (0.62) (0.16) (0.33) (0.36) (0.07) (0.07) (0.01)
Capex/Sh
— 0.33 (0.65) (7.76) (8.07) (2.82) (3.04) (2.01) (2.57) (1.89)
Free CF/Sh
— (0.04) 3.03 (14.19) 39.87 11.51 7.15 7.87 9.47 8.73
Book Value/Sh
— 25 25 5 6 28 32 39 54 58
Shares
— 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
PE Ratio
— 12.67 12.67 12.67 19.58 33.73 213.40 40.13 8,120.76 5.10
PS Ratio
— 0.00 0.00 0.00 1.04 1.91 2.89 2.70 0.59 0.86
PB Ratio
— 9.68 9.68 9.68 (0.75) 20.84 149.45 26.80 (3,037.24) 0.51
EV/Sales
— (2.18) (2.18) (2.18) 0.20 (4.80) (4.76) (7.07) 0.81 (0.40)
EV/FCF
— 8 (16) (37) (51) (69) (87) (76) (135) (109)
Op' Cash Flow
— (1) 0 (3) (1) (9) (12) (3) (4) (1)
Capex
— 8 (16) (40) (52) (78) (98) (79) (138) (110)
FCF
— 19 86 40 266 240 205 278 406 369
Working Cap'
— — — — — 16 16 — — —
Total Debt
— (24) (92) (50) (277) (248) (214) (288) (425) (403)
Net Debt
— (1) 75 (73) 256 319 231 308 511 506
Sh' Equity
— (18.06%) (19.70%) (63.54%) (32.72%) (22.22%) (34.94%) (33.52%) (35.74%) (24.86%)
ROA
— 0.00% 0.00% 0.00% 0.00% (62.50%) (386.72%) (359.96%) (136.94%) (96.80%)
ROIC
— 47.58% 40.49% 98.07% (61.82%) (24.78%) (39.06%) (37.40%) (39.31%) (27.57%)
ROE
predictions in italic, sparklines do not include predictions

All 10 years →

Fiscal years to Dec 2025 · latest quarter Jun 2026

4D Molecular Therapeutics, Inc. peers in Biotechnology

All 616 Biotechnology stocks →

4D Molecular Therapeutics, Inc. (FDMT) key facts

  • 4D Molecular Therapeutics, Inc. (FDMT) is a Biotechnology company in the Healthcare sector, listed on Nasdaq.
  • As of September 25, 2026, FDMT traded at $14.47, a market capitalization of $807.1 million.
  • Return on equity was −27.6% and debt-to-equity 0.05.

Source: company filings (standardised) and stockrow calculations.

4D Molecular Therapeutics, Inc. (FDMT) Latest News

News by impact score

Fine-tune

13 Aug

4

4D Molecular Therapeutics reported second quarter 2026 financial results, operational highlights, and expected upcoming milestones. Quarterly financial results and clinical milestones can significantly shift investor sentiment and valuation for a clinical-stage biotech.

18 Jul

4

4DMT reports positive 2-year data from PRISM Phase 2b trial in broad wet AMD population. Positive long-term Phase 2b data in lead indication strengthens FDMT pipeline value and investor outlook.

29 Jun

4

4D Molecular Therapeutics secures strategic credit facility for up to $200 million from Hercules Capital. Up to $200 million credit facility delivers major non-dilutive capital to fund pipeline advancement.

4

4D Molecular Therapeutics completed enrollment for its 4FRONT-2 global Phase 3 trial of 4D-150 in wet AMD. Phase 3 enrollment completion materially advances 4D-150 toward potential approval and revenue.

20 May

3

4D Molecular Therapeutics advances gene therapy programs targeting rare diseases with AAV vectors, reporting pipeline progress and financial updates that support ongoing clinical trials and potential regulatory milestones. Pipeline updates and trial advancements may influence near-term sentiment and funding but are unlikely to redefine FDMT's overall trajectory amid broader biotech competition.

16 May

4

4D Molecular Therapeutics accelerates Phase 3 development of its retinal gene therapy, reporting strong trial momentum that advances the program toward potential approval. Rapid Phase 3 progress in lead retinal gene therapy program drives major valuation shifts and investor sentiment for FDMT.

11 May

3

4D Molecular Therapeutics, Inc. (NASDAQ:FDMT) released first-quarter results, prompting analysts to update their estimates. First-quarter results triggered analyst estimate revisions, indicating moderate influence on financial performance and market sentiment.

7 May

3

4D Molecular Therapeutics reported first quarter 2026 financial results, operational highlights including pipeline progress, and expected upcoming milestones such as clinical trial data readouts and regulatory submissions. Quarterly financial results with operational highlights and milestones moderately influence financial performance and investor sentiment in biotech sector.

18 Mar

4

4D Molecular Therapeutics, Inc. (FDMT) Q4 earnings and revenues beat estimates. Beating Q4 earnings and revenue estimates boosts financial performance and investor sentiment, significantly influencing future market trajectory.

4

4D Molecular Therapeutics, Inc. (FDMT) reported full-year 2025 financial results, operational highlights, and expected upcoming milestones. Full-year financial results combined with operational highlights and upcoming milestones signal significant strategic progress likely to impact investor sentiment and market performance.

16 Mar

4

4D Molecular Therapeutics showcased strong Phase III momentum for 4D-150, outlined DME development plans, and highlighted extended cash runway at the Leerink Conference. Phase III momentum for lead candidate 4D-150 positions FDMT for potential approval and commercialization in DME, bolstered by solid cash runway.

4

4D Molecular Therapeutics outlined Phase 3 timeline for 4D-150 gene therapy and expansion into diabetic macular edema during Barclays conference presentation. Phase 3 advancement for 4D-150 and DME expansion represent major pipeline milestones boosting FDMT's clinical progress and addressable market.

9 Feb

4

4D Molecular Therapeutics, Inc. has completed enrollment for its 4FRONT-1 Phase 3 clinical trial of 4D-150, a treatment for wet age-related macular degeneration (AMD). This milestone marks a significant step in the development of the therapy, which aims to address a major cause of vision loss. The trial's completion of enrollment is expected to facilitate the evaluation of 4D-150's efficacy and safety, potentially leading to advancements in treatment options for patients suffering from wet AMD. Completion of enrollment in a Phase 3 trial is a critical step that could significantly influence the company's future product offerings and market position.

2 Feb

4

Barclays has identified potential M&A tailwinds and pricing relief as key catalysts for 4D Molecular Therapeutics, Inc. (FDMT). These factors could enhance the company's market position and financial outlook, suggesting a favorable environment for growth and strategic opportunities in the near future. M&A tailwinds and pricing relief are likely to significantly impact FDMT's strategic positioning and investor sentiment.

7 Jan

4

4D Molecular Therapeutics, Inc. (FDMT) provided an update on its strategic initiatives and outlined anticipated development milestones for 2026. The company is focusing on advancing its gene therapy programs and expects to achieve significant progress in clinical trials and regulatory submissions. Key milestones include the initiation of new studies and potential partnerships aimed at enhancing its product pipeline and market presence. The outlined milestones and strategic initiatives are expected to significantly influence the company's future performance and market positioning.

27 Dec

4

4D Molecular Therapeutics, Inc. (FDMT) is gaining attention due to its innovative gene therapy platform and recent advancements in its pipeline. The company focuses on developing transformative therapies for serious diseases, leveraging its proprietary technology to enhance delivery and efficacy. Recent clinical trial results have shown promise, attracting investor interest and potential partnerships. As the biotech sector evolves, FDMT's strategic initiatives and product developments position it as a key player in the market, with expectations for significant growth. Recent clinical trial advancements and strategic initiatives are likely to significantly impact the company's future performance and market position.

23 Dec

3

4D Molecular Therapeutics, Inc. (FDMT) experienced a 20% decline in institutional investor value over the past week. Despite this short-term loss, institutional investors have seen significant long-term gains, indicating a mixed sentiment regarding the company's performance and future prospects. Short-term losses for institutional investors may influence market sentiment, but long-term gains suggest a balanced outlook.

17 Dec

4

4D Molecular Therapeutics, Inc. reported positive interim data from its early-stage trial for a genetic medicine targeting cystic fibrosis. The company has selected a mid-stage dose based on these findings, indicating progress in its development efforts for this treatment. Positive interim data and dose selection could significantly enhance the company's product pipeline and market position in genetic therapies.

4

4D Molecular Therapeutics, Inc. announced positive interim clinical data from its 4D-710 AEROW Phase 1 clinical trial targeting cystic fibrosis lung disease. The trial demonstrated promising safety and efficacy results, indicating potential for significant advancements in treatment options for patients with this condition. The company plans to continue its development efforts based on these encouraging findings. Positive interim clinical data could significantly enhance the company's product pipeline and market position in the cystic fibrosis treatment landscape.

8 Dec

3

4D Molecular Therapeutics, Inc. (FDMT) will present at the 44th Annual J.P. Morgan Healthcare Conference, highlighting its advancements in gene therapy and potential collaborations. The conference is a significant event for healthcare companies to showcase innovations and attract investor interest. Participation in a major healthcare conference can enhance visibility and investor sentiment, impacting future opportunities.

20 Nov

3

NovaBridge’s Visara subsidiary has appointed prominent leaders in ophthalmology as Chief Medical Officer and Chair of the Scientific Advisory Board to advance the development of VIS-101, a gene therapy candidate targeting retinal diseases. These appointments are expected to enhance the strategic direction and clinical development of the therapy, which aims to address significant unmet needs in the ophthalmic field. The leadership appointments may positively influence product innovation and competitive positioning in the ophthalmology market.

17 Nov

3

4D Molecular Therapeutics, Inc. has appointed Kristian Humer as the new Chief Financial Officer. Humer brings extensive experience in finance and operations, having previously held leadership roles at various biotech companies. His appointment is expected to strengthen the company's financial strategy and support its growth initiatives in the gene therapy sector. The appointment of a new CFO may influence financial performance and strategic direction, but its overall impact is expected to be limited.

10 Nov

4

4D Molecular Therapeutics, Inc. (FDMT) reported its financial results for the third quarter of 2025, highlighting operational achievements and outlining expected upcoming milestones. The company continues to advance its gene therapy programs and is focused on expanding its pipeline. Key financial metrics showed progress, and management provided insights into future strategic initiatives aimed at enhancing growth and shareholder value. Significant operational highlights and upcoming milestones could substantially influence the company's growth trajectory and market perception.

3

4D Molecular Therapeutics, Inc. (FDMT) reported a loss for Q3, falling short of revenue estimates. The company's financial performance reflects ongoing challenges in meeting market expectations, which may raise concerns among investors about its future growth prospects. The revenue miss indicates potential challenges in financial performance and market sentiment.

6 Nov

4

4D Molecular Therapeutics, Inc. (FDMT) announced positive long-term data from its Phase 1/2 PRISM clinical trial for 4D-150, a treatment for wet age-related macular degeneration (AMD). The results indicate that 4D-150 may serve as a backbone therapy, providing consistent and durable benefits over multiple years, which supports its potential in the market for AMD treatments. Positive long-term data from the clinical trial could significantly enhance the company's competitive positioning and investor sentiment.

3

4D Molecular Therapeutics, Inc. announced the pricing of a $100 million offering of common stock and pre-funded warrants. The offering is expected to enhance the company's financial position and support its ongoing development initiatives. The transaction is anticipated to close on a specified date, subject to customary closing conditions. The capital raised will likely support key development initiatives, impacting financial performance and market sentiment moderately.

30 Oct

4

4D Molecular Therapeutics, Inc. has entered into an exclusive license agreement with Otsuka Pharmaceutical Co., Ltd. for the development and commercialization of its gene therapy product, 4D-150, in the Asia-Pacific region. This collaboration aims to leverage Otsuka's expertise and resources to advance the product's potential in treating various diseases. The agreement is expected to enhance 4DMT's market presence and accelerate the development timeline for 4D-150. The exclusive licensing agreement with Otsuka is a significant strategic move that could enhance 4DMT's market position and accelerate product development in a key region.

26 Oct

4

4D Molecular Therapeutics, Inc. has secured up to $11 million in funding from the Cystic Fibrosis Foundation to accelerate the development of its gene therapy candidate, 4D-710. This funding aims to support the advancement of the therapy, which targets cystic fibrosis, and is expected to enhance the company's research and development efforts in this area. The funding from the CF Foundation is a significant boost for the development of 4D-710, potentially impacting the company's future performance and market position.

17 Oct

4

Wall Street analysts project a 208.52% upside for 4D Molecular Therapeutics, Inc. (FDMT), driven by optimism surrounding the company's innovative gene therapy platform and potential market opportunities. The stock's current valuation is seen as undervalued, prompting speculation about significant growth. Analysts highlight the company's advancements in treating genetic diseases and the potential for successful product launches, which could attract investor interest and drive stock prices higher. However, questions remain about the execution of its strategies and market competition. Analysts' projections indicate significant growth potential based on the company's innovative therapies and market positioning.

13 Oct

4

4D Molecular Therapeutics, Inc. has advanced its gene therapy candidate 4D-710 into Phase 2 clinical trials, receiving additional funding and support from the Cystic Fibrosis Foundation. This advancement aims to address cystic fibrosis by delivering a therapeutic gene to the lungs of patients. The collaboration with the foundation is expected to enhance the development and potential commercialization of 4D-710, marking a significant step in the company's efforts to innovate in the field of genetic medicine. Advancing to Phase 2 with support from a major foundation significantly enhances the company's development prospects and market positioning.

stockrow.com/FDMT · Data as of Jun 30, 2026 · For information only; not investment advice. · © 2026 stockrow.com