Delisting risk
TNYA · NASDAQ · Biotechnology

Tenaya Therapeutics

Develops gene therapies and small molecules for genetically defined heart diseases.

$0.6956
After-hours close+0.00 (+0.40%)
At close$0.6928(−0.35%)
Loading prices…

Profile

Tenaya Therapeutics, Inc.TNYAHealth Care

Develops gene therapies and a targeted small-molecule candidate for genetically defined heart diseases. Its pipeline includes TN-201 and TN-401 gene therapies and TN-301, an HDAC6 inhibitor, with development centered on clinical studies rather than commercial products.

Develops gene therapies and a targeted small-molecule candidate for genetically defined heart diseases. TN-201 is for MYBPC3-associated hypertrophic cardiomyopathy, while TN-401 is for PKP2-associated arrhythmogenic right ventricular cardiomyopathy. TN-301 is an HDAC6 inhibitor for heart failure with preserved ejection fraction and selected rare cardio-metabolic indications.

Based in South San Francisco, California, the clinical-development organization uses internal discovery and AAV gene-therapy capabilities. TN-201 and TN-401 are in Phase 1b/2 trials, with clinical execution shaping the path from data generation to regulatory discussions.

Development priorities have concentrated resources on data from the MyPEAK-1 and RIDGE-1 trials.

Company facts

CEOFaraz Ali
ListedJul 30, 2021
ExchangeNASDAQ
HeadquartersSouth San Francisco, CA
CountryUnited States
Employees70
CIK0001858848
ISINUS87990A1060

Key statistics

Market cap$149.8M
EPS (ttm)−$0.5300
P/E (ttm)−1.30
ROE-108.0%
P/B2.16
P/S112.17
Dividend yield
Beta2.37vs XLV 0.04

Year to date −5.1% · Average volume (30d) 1.9M

Analysts

Price target, next 12 months$2.00+189.9%Median of 6 analysts · vs the Aug 28 close
ConsensusBuy6 of 6 analysts rate it buy or better

Ratings

Target range

Latest analyst notes

DateFirmActionTarget
Mar 12, 2026Leerink PartnersTarget$2
Jan 8, 2026Morgan StanleyTarget$2
Dec 12, 2025H.C. WainwrightTarget$3

Earnings

EPS

Estimate−$0.11
ReportedDue Nov 11, 2026

Revenue

Estimate$802.5K
ReportedDue Nov 11, 2026

History

Report dateEPS estEPSSurpriseRevenue estRevenueSurpriseNext session
Aug 5, 2026Q2 FY26−$0.07−$0.20−192.7%$10.0M$1.1M−88.9%−7.51%
May 6, 2026Q1 FY26−$0.09−$0.090.0%$7.5M$225.0K−97.0%+7.37%
Mar 11, 2026Q4 FY25−$0.13−$0.12+7.7%$3.0M+3.98%
Nov 10, 2025Q3 FY25−$0.15−$0.12+20.0%−0.70%
View details

Financial highlights

12 quartersQ1 FY25Q2 FY25Q3 FY25Q4 FY25Q1 FY26Q2 FY26
Revenue$0$0$0$0$225.0K$1.1M
Gross profit$0−$2.1M$0$3.9M−$1.5M$1.1M
Operating income−$27.5M−$24.1M−$20.9M−$20.8M−$20.1M−$44.1M
Net income−$26.9M−$23.3M−$20.3M−$20.2M−$19.3M−$43.4M
Diluted EPS−$0.24−$0.14−$0.12−$0.12−$0.09−$0.20
Gross margin-683.6%100.0%
Operating margin-8,917.8%-3,971.9%

Fiscal years (4-quarter sums)FY21 $0 · FY22 $0 · FY23 $0 · FY24 $0 · FY25 $0

Balance sheet, Jun 30, 2026Cash & short-term investments $78.1M · Total debt $3.9M · Total assets $93.5M · Shareholders' equity $69.4M

Dividends

No dividends on record.

Ownership

Institutions 25.03%54.31M sharesInsiders 23.07%50.06M sharesOther 51.90%112.63M shares

Shares outstanding 217.00M · Float

Float — provider float is below the insider stake.

The provider's float is smaller than the insider stake it should exclude, so it is not shown.

Top shareholders13F · 13D/G · Form 4

HolderShares% outstandingFormFiled
TCG Opportunity III GP, LLC49.31M23.10%13DFeb 26, 2026
David V. Goeddel · director, 10 percent owner: 49.31M22.73%Form 4Mar 7, 2025
Integrated Core Strategies (US) LLC11.58M5.20%13GAug 24, 2026
Vanguard Capital Management LLC8.48M3.91%13FMay 15, 2026
Millennium Management LLC5.46M2.51%13FMay 15, 2026

Insider tradesForm 4

DateInsiderRoleSharesAvg price
Aug 17, 2026Whittemore Tingleyofficer: Chief Medical Officer−5,787$0.7098
Aug 17, 2026Faraz Alidirector, officer: Chief Executive Officer−22,232$0.7097
May 18, 2026Tomohiro Higaofficer: SVP, Finance−1,485$0.7932
May 18, 2026Whittemore Tingleyofficer: Chief Medical Officer−3,121$0.7936
May 18, 2026Faraz Alidirector, officer: Chief Executive Officer−3,390$0.7934
View details

Peers

CompareAfter-hours close

CompanyPriceChange
Tenaya Therapeutics$0.6956+0.40%$149.8M112.2
Rocket Pharmaceuticals$3.82−0.91%$421.5M
Lexeo Therapeutics$4.77−1.95%$381.6M
Bristol-Myers Squibb$66.60+0.05%$136.00B14.710.52.8+5.7%
Cytokinetics$72.50+0.54%$8.97B126.4−57.1%
Eli Lilly$1,173.00−0.08%$1.10T39.428.713.9+47.7%
Edgewise Therapeutics$42.76−0.04%$4.60B
AstraZeneca (ADR)$161.79−0.55%$252.33B24.415.24.1+6.4%
Median24.415.29.0+6.1%