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4D Molecular Therapeutics, Inc. (FDMT)

Healthcare | Biotechnology | EmeryVille, United States | NasdaqGS
14.67 USD -0.24 (-1.610%) ⇩ (Aug. 28, 2026, 4 p.m. EDT)
After hours: 14.67

Short-term:★★⯪☆☆Long-term:★☆☆☆☆Dividends:☆☆☆☆☆
Hot Take | Aug. 22, 2026, 2:53 a.m. EDT

The investment case here is severely compromised by a brutal multi-year decline and deteriorating fundamentals. Despite a recent price bounce and a 'strong buy' analyst recommendation, the underlying business is bleeding value with negative gross margins, negative free cash flow, and a 75% drop in share price over the last four years. The market has correctly identified this as a value trap; the low valuation multiples reflect the reality of a failing operation, not a bargain opportunity. The options market confirms this pessimism, with traders stacking heavy protection against further drops while avoiding any upside bets. While the recent price action shows some life, the structural damage to the balance sheet and the lack of sustainable profitability make this a dangerous hold for any timeframe.

Model Selection — Backtest MAE (log-scale, lower is better)
ModelMAE
AutoTheta ✓0.126305
MSTL0.126979
AutoETS0.127197
AutoARIMA0.131650

Forecast horizon: 45 days | Selected: AutoTheta

Forecast Reliability
Score 32%
H-stat 6.98
Ljung-Box p 0.000
Jarque-Bera p 0.208
Excess Kurtosis -0.90
Attribute Value
Sector Healthcare
Debt to Equity Ratio 9.62
Revenue per Share 1.424
Market Cap 810,432,576
Forward P/E -3.59
Beta 2.69
Profit Margins -194.74%
Website https://www.4dmoleculartherapeutics.com

As of Aug. 22, 2026, 2:53 a.m. EDT: Speculators are overwhelmingly bearish, positioning massive volume in deep out-of-the-money puts (strikes 5.0 and 9.0) while virtually ignoring calls. Implied volatility is significantly higher for puts than calls, indicating a strong fear of further downside rather than a bullish expectation.


Info Dump

Attribute Value
52 Week Change 1.4283388
Address1 5,858 Horton Street
Address2 Suite 455
All Time High 55.11
All Time Low 2.235
Ask 14.44
Ask Size 2
Audit Risk 4
Average Analyst Rating 1.5 - Strong Buy
Average Daily Volume10 Day 1,489,050
Average Daily Volume3 Month 948,172
Average Volume 948,172
Average Volume10Days 1,489,050
Beta 2.69
Bid 10.75
Bid Size 2
Board Risk 5
Book Value 7.383
City EmeryVille
Compensation As Of Epoch Date 1,767,139,200
Compensation Risk 8
Country United States
Crypto Tradeable 0
Currency USD
Current Price 14.67
Current Ratio 8.033
Custom Price Alert Confidence HIGH
Date Short Interest 1,786,665,600
Day High 15.0
Day Low 14.2
Debt To Equity 9.62
Display Name 4D Molecular Therapeutics
Earnings Timestamp End 1,794,340,800
Earnings Timestamp Start 1,794,340,800
Ebitda -188,890,000
Ebitda Margins -2.05297
Enterprise To Ebitda -2.585
Enterprise To Revenue 5.307
Enterprise Value 488,315,584
Eps Current Year -4.13556
Eps Forward -4.08667
Eps Trailing Twelve Months -2.59
Esg Populated 0
Exchange NMS
Exchange Data Delayed By 0
Exchange Timezone Name America/New_York
Exchange Timezone Short Name EDT
Fifty Day Average 12.0346
Fifty Day Average Change 2.6353998
Fifty Day Average Change Percent 0.21898524
Fifty Two Week Change Percent 142.83388
Fifty Two Week High 16.93
Fifty Two Week High Change -2.2600002
Fifty Two Week High Change Percent -0.13349086
Fifty Two Week Low 5.97
Fifty Two Week Low Change 8.700001
Fifty Two Week Low Change Percent 1.4572866
Fifty Two Week Range 5.97 - 16.93
Financial Currency USD
First Trade Date Milliseconds 1,607,697,000,000
Float Shares 42,436,946
Forward Eps -4.08667
Forward P E -3.5897198
Free Cashflow -90,773,504
Full Exchange Name NasdaqGS
Full Time Employees 196
Fullday Change -0.24
Fullday Change Percent -1.60966
Fullday Price 14.67
Gmt Off Set Milliseconds -14,400,000
Governance Epoch Date 1,785,542,400
Gross Margins -1.57704
Gross Profits -145,100,000
Has Pre Post Market Data 1
Held Percent Insiders 0.02933
Held Percent Institutions 1.0582399
Implied Shares Outstanding 55,244,211
Industry Biotechnology
Industry Disp Biotechnology
Industry Key biotechnology
Ipo Expected Date 2,020-12-11
Is Earnings Date Estimate 1
Language en-US
Last Fiscal Year End 1,767,139,200
Long Business Summary 4D Molecular Therapeutics, Inc., a late-stage biotechnology company, engages in the development of adeno-associated virus vectors from its proprietary synthetic vector discovery platform, Therapeutic Vector Evolution in the Netherlands and the United States. The company's lead product candidate is 4D-150 for the treatment of retinal vascular diseases by providing multi-year sustained production of anti-VEGF from the retina with intravitreal injection, as well as for treating wet age-related macular degeneration and diabetic macular edema. It is also developing 4D-710, which is in early-stage study for the treatment of cystic fibrosis; 4D-175 that is in preclinical stage for treating geographic atrophy; and 4D-725, which is in preclinical stage for the treatment of alpha-1 anti-trypsin deficiency lung disease. 4D Molecular Therapeutics, Inc. has collaboration and licensing agreements with Otsuka Pharmaceutical Co., Ltd. The company was founded in 2013 and is headquartered in EmeryVille, California.
Long Name 4D Molecular Therapeutics, Inc.
Market us_market
Market Cap 810,432,576
Market State CLOSED
Max Age 86,400
Message Board Id finmb_272879653
Most Recent Quarter 1,782,777,600
Net Income To Common -179,175,008
Next Fiscal Year End 1,798,675,200
Non Diluted Market Cap 823,691,186
Number Of Analyst Opinions 10
Open 14.85
Operating Cashflow -156,071,008
Operating Margins -20.37159
Overall Risk 7
Payout Ratio 0.0
Phone 510 505 2680
Post Market Change 0.0
Post Market Change Percent 0.0
Post Market Price 14.67
Post Market Time 1,787,959,806
Previous Close 14.91
Price Eps Current Year -3.5472827
Price Hint 2
Price To Book 1.9869972
Price To Sales Trailing12 Months 8.808284
Profit Margins -1.94739
Quick Ratio 7.676
Quote Source Name Nasdaq Real Time Price
Quote Type EQUITY
Recommendation Key strong_buy
Recommendation Mean 1.5
Region US
Regular Market Change -0.24
Regular Market Change Percent -1.60966
Regular Market Day High 15.0
Regular Market Day Low 14.2
Regular Market Day Range 14.2 - 15.0
Regular Market Open 14.85
Regular Market Previous Close 14.91
Regular Market Price 14.67
Regular Market Time 1,787,947,201
Regular Market Volume 1,101,306
Return On Assets -0.25086
Return On Equity -0.4325
Revenue Growth 251.067
Revenue Per Share 1.424
Sand P52 Week Change 0.20504117
Sector Healthcare
Sector Disp Healthcare
Sector Key healthcare
Share Holder Rights Risk 8
Shares Outstanding 55,244,211
Shares Percent Shares Out 0.2225
Shares Short 12,289,621
Shares Short Previous Month Date 1,784,073,600
Shares Short Prior Month 11,363,434
Short Name 4D Molecular Therapeutics, Inc.
Short Percent Of Float 0.255
Short Ratio 19.82
Source Interval 15
State CA
Symbol FDMT
Target High Price 37.0
Target Low Price 18.0
Target Mean Price 29.1
Target Median Price 30.5
Total Cash 361,334,016
Total Cash Per Share 6.541
Total Debt 39,217,000
Total Revenue 92,008,000
Tradeable 0
Trailing Annual Dividend Rate 0.0
Trailing Annual Dividend Yield 0.0
Trailing Eps -2.59
Trailing Peg Ratio None
Triggerable 1
Two Hundred Day Average 9.983925
Two Hundred Day Average Change 4.686075
Two Hundred Day Average Change Percent 0.46936202
Type Disp Equity
Volume 1,101,306
Website https://www.4dmoleculartherapeutics.com
Zip 94,608