FDMT

4D Molecular Therapeutics, Inc.

Nasdaq · Biological Products, (No Diagnostic Substances) · Inc. DE · CIK 0001650648
$8.83 -0.06% $461.6M
7 New Institutional Positions6 Institutional Exits
Vol
Market Cap$461.6M
Cap SizeSmall Cap
Analyst ConsensusStrong Buy (82%)
Inst. Holders50 funds
Inst. Value$318.4M
Inst. Activity7 buys / 6 sells
Insider Activity0B / 2S
Insider Net $-$21.9K
SEC Reports2
Press Releases1
Exchange Nasdaq·Sector Biological Products, (No Diagnostic Substances)·Inc. DE·CIK 0001650648·Prev Close $8.84

Recent Activity

Jun 12, 2026 other
4DMT Announces New Employment Inducement Grants
<p>EMERYVILLE, Calif., June 12, 2026 (GLOBE NEWSWIRE) -- 4D Molecular Therapeutics (Nasdaq: FDMT,
Jun 1, 2026 Insider
Kirn David sold 1,922 shares
See Remarks @ $10.02 ($19.3K)
May 14, 2026 SEC
The SEC declared effective 4D Molecular Therapeutics' S-3 shelf registration (File No. 333-295650) on May 13, 2026, allo
EFFECT — Impact 4/10
May 7, 2026 SEC
4DMT filed a $400M shelf registration (S-3) to replace an expiring shelf, with $200M carried forward and $200M newly reg
S-3 — Impact 4/10
Mar 25, 2026 Insider
Kirn David was granted 750,000 shares
Chief Executive Officer
Mar 25, 2026 Insider
Simms Christopher Paul was granted 219,000 shares
See Remarks
Inst.
ADAGE CAPITAL PARTNERS GP, — ADD
1,605,156 shares ($14.9M)
Inst.
Nuveen, LLC — DOUBLED
561,805 shares ($5.2M)

Price Targets

$28.22 +219.6% upside Strong Buy
Current $8.83 Low $17.00 Median $29.00 High $36.00 9 analysts
$17.00 $36.00

Analyst Ratings

Strong Buy82% buy · 17 analysts
5Strong Buy
9Buy
3Hold
0Sell
0Strong Sell
Recent Analyst Actions
DateFirmActionRating
Mar 20, 2026 HC Wainwright & Co. REITERATE Buy → Buy
Mar 19, 2026 RBC Capital MAINTAIN Outperform → Outperform
Mar 19, 2026 Chardan Capital MAINTAIN Buy → Buy
Jan 28, 2026 Barclays INITIATE Overweight
Dec 18, 2025 Chardan Capital MAINTAIN Buy → Buy

Earnings Estimates

PeriodEPS Est.RangeGrowth#
Current Q $-1.01 ▼ -2.7% $-1.10 — $-0.87 -3% YoY 8
Next Q $-1.01 ▼ -3.3% $-1.13 — $-0.82 -0% YoY 8
Current FY $-3.92 ▼ -2.5% $-4.27 — $-3.04 -62% YoY 9
Next FY $-3.72 ▲ +3.4% $-4.63 — $-1.55 5% YoY 8

Top Institutional Holders

FundValueMove
JANUS HENDERSON GROUP PLC$48.9MDOUBLED
RA CAPITAL MANAGEMENT, L.P.$47.0M
GOLDMAN SACHS GROUP INC$39.2M
BlackRock, Inc.$38.6M
STATE STREET CORP$25.2MDOUBLED

Recent Insider Trades

DateInsiderTypeValue
Jun 1, 2026Kirn DavidSELL$19.3K
Mar 25, 2026Kirn DavidA$0.00
Mar 25, 2026Simms ChristopherA$0.00
Mar 25, 2026Bizily ScottA$0.00
Mar 20, 2026Gupta AshooSELL$2.7K
50 institutional holders with $318.4M total value (34,208,544 shares) as of 2026-Q1. Top holders: JANUS, RA, GOLDMAN. Net buying activity: 7 institutions added/increased vs 6 reduced.

Top Institutional Holders — 2026-Q1

#FundSharesValue% of TrackedLast Move
1JANUS HENDERSON GROUP PLC5,247,151$48.9M15.3%DOUBLED +164.4%
2RA CAPITAL MANAGEMENT, L.P.5,049,779$47.0M14.8%
3GOLDMAN SACHS GROUP INC4,205,438$39.2M12.3%
4BlackRock, Inc.4,145,303$38.6M12.1%
5STATE STREET CORP2,707,875$25.2M7.9%DOUBLED +197.5%
6VANGUARD CAPITAL MANAGEMENT LLC2,195,578$20.4M6.4%
7ADAGE CAPITAL PARTNERS GP, L.L.C.1,605,156$14.9M4.7%ADD +30.0%
8FEDERATED HERMES, INC.1,432,260$13.3M4.2%ADD +33.4%
9BANK OF AMERICA CORP /DE/974,173$9.1M2.8%
10DEUTSCHE BANK AG\708,044$6.6M2.1%ADD +29.6%
11RENAISSANCE TECHNOLOGIES LLC578,265$5.4M1.7%ADD +63.8%
12Nuveen, LLC561,805$5.2M1.6%DOUBLED +253.9%
13VANGUARD PORTFOLIO MANAGEMENT LLC555,829$5.2M1.6%
14DIMENSIONAL FUND ADVISORS LP522,823$4.9M1.5%ADD +77.3%
15RTW INVESTMENTS, LP475,737$4.4M1.4%
16MORGAN STANLEY345,410$3.2M1.0%TRIM -48.7%
17CHARLES SCHWAB INVESTMENT MANAGEMENT INC328,379$3.1M1.0%
18Invesco Ltd.310,684$2.9M0.9%DOUBLED +102.9%
19VANGUARD FIDUCIARY TRUST CO269,295$2.5M0.8%
20RAYMOND JAMES FINANCIAL INC266,147$2.5M0.8%ADD +54.7%

Recent Position Changes

FundActionPrev SharesCurr SharesChange %ValueQuarter
ADAGE CAPITAL PARTNERS GP, L.L.C.ADD1,235,1561,605,156+30.0%$14.9M2026-Q1
Nuveen, LLCDOUBLED158,769561,805+253.9%$5.2M2026-Q1
DIMENSIONAL FUND ADVISORS LPADD294,841522,823+77.3%$4.9M2026-Q1
MORGAN STANLEYTRIM672,695345,410-48.7%$3.2M2026-Q1
Invesco Ltd.DOUBLED153,142310,684+102.9%$2.9M2026-Q1
Assenagon Asset Management S.A.TRIM296,19983,333-71.9%$775.8K2026-Q1
COMMONWEALTH EQUITY SERVICES, LLCADD20,00928,274+41.3%$263.2K2026-Q1
LOS ANGELES CAPITAL MANAGEMENT LLCDOUBLED11,28027,589+144.6%$256.9K2026-Q1
MARSHALL WACE, LLPTRIM27,75816,728-39.7%$155.7K2026-Q1
ExodusPoint Capital Management, LPTRIM39,17515,529-60.4%$144.6K2026-Q1
NISA INVESTMENT ADVISORS, LLCADD3,2515,751+76.9%$53.5K2026-Q1
PNC FINANCIAL SERVICES GROUP, INC.NEAR_EXIT7,1751,462-79.6%$13.6K2026-Q1
Point72 Asset Management, L.P.EXIT1,539,8600-100.0%$0.002026-Q1
JANUS HENDERSON GROUP PLCDOUBLED1,753,3674,635,875+164.4%$34.7M2025-Q4
STATE STREET CORPDOUBLED903,7742,688,880+197.5%$20.2M2025-Q4
Point72 Asset Management, L.P.NEW1,539,860$11.5M2025-Q4
ADAGE CAPITAL PARTNERS GP, L.L.C.DOUBLED175,0001,235,156+605.8%$9.3M2025-Q4
DEUTSCHE BANK AG\ADD543,331704,207+29.6%$5.3M2025-Q4
RENAISSANCE TECHNOLOGIES LLCADD313,186512,900+63.8%$3.8M2025-Q4
Assenagon Asset Management S.A.TRIM663,657296,199-55.4%$2.2M2025-Q4
DIMENSIONAL FUND ADVISORS LPDOUBLED58,006294,841+408.3%$2.2M2025-Q4
Nuveen, LLCADD93,919158,769+69.0%$1.2M2025-Q4
D. E. Shaw & Co., Inc.DOUBLED10,100111,822+1007.1%$838.7K2025-Q4
WELLS FARGO & COMPANY/MNADD30,98946,620+50.4%$349.6K2025-Q4
MARSHALL WACE, LLPNEAR_EXIT145,90727,758-81.0%$208.2K2025-Q4
4 unique insiders with 6 transactions. Net insider value: -$21.9K ($0.00 bought, $21.9K sold).

Insider Transactions

DateInsiderTitleTypeSharesPriceValue
Jun 1, 2026Kirn DavidSee RemarksSELL1,922$10.02$19.3K
Mar 25, 2026Kirn DavidChief Executive OfficerAWARD750,000
Mar 25, 2026Simms Christopher PaulSee RemarksAWARD219,000
Mar 25, 2026Bizily ScottChief Legal OfficerAWARD217,000
Mar 20, 2026Gupta AshooVP, Finance and ControllerSELL310$8.61$2.7K
Mar 20, 2026Gupta AshooVP, Finance and ControllerEXERCISE865
Current analyst consensus: Strong Buy (82% buy). Based on 17 analysts: 5 strong buy, 9 buy, 3 hold, 0 sell, 0 strong sell.

Analyst Price Targets

$28.22 mean target +219.6% upside Strong Buy (1.55)
$17.00 Low $36.00 High
MetricValue
Current Price$8.83
Target Low$17.00
Target Mean$28.22
Target Median$29.00
Target High$36.00
# Analysts9
RecommendationStrong Buy (1.55)

Earnings Estimates & Revisions

PeriodEPS AvgEPS LowEPS HighEPS Growth30d Rev.Up/DownRev. AvgRev. GrowthAnalysts
Current Q
2026-06-30
$-1.01 $-1.10 $-0.87 -3.2% -2.7% 3↑ 5↓ $0.0B 17633.3% 8
Next Q
2026-09-30
$-1.01 $-1.13 $-0.82 -0.3% -3.3% 4↑ 4↓ $0.0B 2919.0% 8
Current FY
2026-12-31
$-3.92 $-4.27 $-3.04 -62.0% -2.5% 4↑ 4↓ $0.0B -86.4% 9
Next FY
2027-12-31
$-3.72 $-4.63 $-1.55 5.0% +3.4% 3↑ 4↓ $0.0B 50.9% 8

Current Quarter EPS Revision History

TimepointEPS EstimateChange
Current$-1.011
7d ago$-0.984-0.027
30d ago$-0.984-0.027
60d ago$-0.873-0.138
90d ago$-0.873-0.138
4 analyst firms have rated this stock: 0 upgrades, 0 downgrades, 1 initiations.

Individual Analyst Actions

DateAnalyst FirmActionPrevious RatingNew Rating
Mar 20, 2026 HC Wainwright & Co. REITERATE Buy Buy
Mar 19, 2026 RBC Capital MAINTAIN Outperform Outperform
Mar 19, 2026 Chardan Capital MAINTAIN Buy Buy
Jan 28, 2026 Barclays INITIATE Overweight
Dec 18, 2025 Chardan Capital MAINTAIN Buy Buy

Monthly Consensus History

PeriodStrong BuyBuyHoldSellStrong SellBuy %Distribution
Jun 1, 20265930082%
May 1, 20265930082%
Apr 1, 20265930082%
Mar 1, 20265930082%
Feb 1, 20265930082%
Jan 1, 20265930082%
Strong BuyBuyHoldSellStrong Sell

No congressional trading data available for this ticker. Data is sourced from Senate and House financial disclosure filings.

No Reddit sentiment data available yet. Sentiment is analyzed from Reddit investment communities on a rolling basis.

Jun 12, 2026
other
4DMT Announces New Employment Inducement Grants
<p>EMERYVILLE, Calif., June 12, 2026 (GLOBE NEWSWIRE) -- 4D Molecular Therapeutics (Nasdaq: FDMT, 4DMT or the Company), a leading late-stage biotech
May 15, 2026
other
4DMT Announces New Employment Inducement Grants
<p>EMERYVILLE, Calif., May 15, 2026 (GLOBE NEWSWIRE) -- 4D Molecular Therapeutics (Nasdaq: FDMT, 4DMT or the Company), a leading late-stage biotechn
May 7, 2026
earnings
4DMT Reports First Quarter 2026 Financial Results, Operational Highlights and Expected Upcoming Milestones
<p>EMERYVILLE, Calif., May 07, 2026 (GLOBE NEWSWIRE) -- 4D Molecular Therapeutics (Nasdaq: FDMT, 4DMT or the Company), a leading late-stage biotechn
May 7, 2026
earnings_calendar
FDMT Q1 2026 Earnings Scheduled — 2026-05-07
May 6, 2026
earnings_calendar
FDMT Q1 2026 Earnings Scheduled — 2026-05-06
Apr 17, 2026
other
4DMT Announces New Employment Inducement Grants
<p>EMERYVILLE, Calif., April 17, 2026 (GLOBE NEWSWIRE) -- 4D Molecular Therapeutics (Nasdaq: FDMT, 4DMT or the Company), a leading late-stage biotec
Mar 30, 2026
Clinical Trial
4D-125 in Patients With X-Linked Retinitis Pigmentosa (XLRP)
Phase Phase 2 — ACTIVE_NOT_RECRUITING
Mar 30, 2026
clinical_trial_readout
T-90d Trial Readout: 4D-125 IVT Injection (Phase 2)
Trial: 4D-125 in Patients With X-Linked Retinitis Pigmentosa (XLRP) Sponsor: 4D Molecular Therapeutics Phase: Phase 2 | Status: ACTIVE_NOT_RECRUITING
Mar 30, 2026
clinical_trial_readout
T-90d Trial Readout: 4D-125 IVT Injection (Phase 2)
Trial: 4D-125 in Patients With X-Linked Retinitis Pigmentosa (XLRP) Sponsor: 4D Molecular Therapeutics Phase: Phase 2 | Status: ACTIVE_NOT_RECRUITING
Mar 18, 2026
earnings
4DMT Reports Full Year 2025 Financial Results, Operational Highlights and Expected Upcoming Milestones
<p align="start">EMERYVILLE, Calif., March 18, 2026 (GLOBE NEWSWIRE) -- 4D Molecular Therapeutics (Nasdaq: FDMT, 4DMT or the Company), a leading lat
Feb 27, 2026
earnings_calendar
FDMT Q4 2025 Earnings After Market Close — 2026-02-27