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Stock 4D Molecular Therapeutics, Inc. FDMT

4D Molecular Therapeutics, Inc. — Investlytic score 1/5 on the five criteria.

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20/ 100
Score Investlytic · 5 criteria

Analysis in progress…

Investlytic score: 1/5 criteria met. Data as of 01/11/2026.

  • ❌ Price trend failed
  • ⚠️ Mixed growth
  • ✅ Debt passed
  • ❌ P/E failed
  • ❌ Correction failed

Price trend

Overall trend (8 years): insufficient progression (less than x1.5).

Price change 2020 → 2021: -47.07%

Price change 2021 → 2022: 1.23%

Price change 2022 → 2023: -8.78%

Price change 2023 → 2024: -72.51%

Price change 2024 → 2025: 34.65%

Price change 2025 → 2026: 50.50%

Price change 2026 (year to date): 54.20%

Financial growth

Revenue CAGR (8 years): 29.26%

Earnings CAGR (8 years): N/A

Growth status: positive trend (>1%/yr) in revenue, earnings data insufficient/N/A.

Debt

Debt-to-equity ratio: 0.04

Debt/equity < 0.5 (maximum threshold).

P/E (Price/Earnings)

P/E ratio: -4.41

P/E > 25.0 (maximum threshold).

Correction (6 months)

Current correction: 32.65% from the high over 6 months.

Excessive correction (> 20.0%).

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Criteria of the Investlytic model

- / 5
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Score out of 100, model verdict (buy, watch, sell) and details of the 5 criteria · visible with a free account.

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Price trend

Price & trend

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⚖️ Comparison with the market

All stocks →
StockP/EDette/FPRevenue growthRating
4D Molecular Therapeutics, Inc.–0.04+40.0 %🔒
Lumibird S.A.38.80.71+9.8 %–
Valneva SE–1.95+22.4 %–
Pharming Group N.V.38.20.42+50.1 %–
DocMorris AG–0.71+5.7 %–

Data from the Investlytic screener. The rating of the stock being viewed is reserved for members.

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Detailed analysis · Price trend

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Global model trend and annual price variations · visible with a free account.

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Revenues & profits

Revenue and net income

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Chart of revenues and net income over 8 periods · real data, no estimates.

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Financial indicators

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18 financial indicators analyzed by groups of criteria: valuation, profitability, growth, solidity, dividend, and momentum.

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Annual financial statements

Fiscal yearRevenueNet income Net marginEPSRevenue growth
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Complete annual financial statements: revenue, net income, margin, and EPS over 8 fiscal years.

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Key reported figures

Revenue, net income and net margin reported by 4D Molecular Therapeutics, Inc. over the latest fiscal years.

Revenue
85.2 m USD
fiscal year 2025
Net income
-140 m USD
fiscal year 2025
Net margin
-164.4 %
fiscal year 2025
Average annual growth
+44.3 %
Revenue growth over 5 years
Market cap
677 m USD
Fiscal yearRevenueNet incomeNet marginRevenue growth
202013.6 m-56.7 m-416.5 %n/a
202118.0 m-71.3 m-395.4 %+32.5 %
20223.1 m-107 m-3,435.4 %-82.7 %
202320.7 m-101 m-486.6 %+562.3 %
202437,000-161 m-434,778.4 %-99.8 %
202585.2 m-140 m-164.4 %+230,194.6 %

Amounts converted to USD. Source: published annual accounts, collected on 06/11/2026.

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Accounts and financial health

Balance sheet and cash flow published by 4D Molecular Therapeutics, Inc. over the last fiscal years, strength scores and valuation by discounted cash flow (DCF).

Overview
fragile accounts
according to Altman Z, Piotroski and net debt
Altman Z-score
1.67
risk zone (below 1.81)
Piotroski Score
3 / 9
0 to 3: fragile accounts
Net Debt / EBITDA
0.17 x
low debt
Fiscal year20212022202320242025
Cash and investments248 m214 m288 m425 m403 m
Total Debt16.4 m16.1 m14.7 m24.6 m21.4 m
Net Debt-137 m-36.2 m-234 m-125 m-38.8 m
Equity319 m231 m308 m511 m506 m
Total assets353 m262 m340 m560 m567 m
Operating cash flow-69.1 m-86.7 m-75.8 m-135 m-109 m
Investments (capex)9.1 m11.5 m2.8 m3.8 m536,000
Free cash-flow-78.2 m-98.2 m-78.6 m-138 m-109 m
Share buybacks00000
Dividends paid00000

Amounts in USD, currency of the published accounts.

Trailing 12-month ratios

Price / earnings (P/E)-4.50 x
Price / book value2.11 x
Return on Equity (ROE)-41.3 %
Return on Invested Capital (ROIC)-43.8 %
Net margin-194.7 %
Debt / equity0.10 x
Current ratio8.03 x
Free cash-flow yield-23.1 %

Altman Z: default risk estimated from the balance sheet and earnings. Piotroski: 9 tests on profitability, debt and efficiency. DCF: estimated value from discounted future cash flows, a model and not a forecast. Source: annual accounts published by the company, data as of 09/11/2026.

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Valuation and competitors

4D Molecular Therapeutics, Inc. compared with its sector on the same exchange and with its main competitors.

Sector median P/E
20.5
healthcare, Nasdaq
Sector over 10 years
26.5
10-year median, range 16.9 to 46.3

Direct competitors

CompanyMarket cap (USD)P/ENet margin
4D Molecular Therapeutics, Inc.657 mn/a-164.4 %
REGENXBIO Inc. RGNX475 mn/a-113.8 %
Ocugen, Inc. OCGN238 mn/a-1,537.4 %
Abeona Therapeutics Inc. ABEO249 mn/a1,223.1 %
MeiraGTx Holdings plc MGTX911 mn/a-140.3 %
Lexeo Therapeutics, Inc. Common Stock LXEO258 mn/a0.0 %
uniQure N.V. QURE1.7 bnn/a-1,236.0 %
Solid Biosciences Inc. SLDB665 mn/a0.0 %
Sector median (Nasdaq)20.5

Trailing 12-month P/E. Sector: median of companies in the same sector listed on the same exchange, collected on . Competitors: comparable companies named by the data provider.

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Analyst consensus and forecasts

What the financial analysts covering 4D Molecular Therapeutics, Inc. publish: ratings, price targets and earnings forecasts.

Majority rating
buy
14 analysts
Average price target
29.67 USD
from n/a to n/a, 5 targets over 12 months
Gap with the share price
+149.3 %
price 11.90 USD on 30/10/2026

Breakdown of ratings

strong buy 0buy 11hold 2sell 1strong sell 0

Average target over the last 3 months: 29.67 USD (3 targets).

Track record against expectations: reported EPS above consensus 5 times over the last 12 releases.

Source: ratings and forecasts published by analysts, collected on 07/11/2026. An analyst rating or target is not a guarantee.

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Dividends and earnings

4D Molecular Therapeutics, Inc.: dividend history, last distributions, stock splits and earnings releases.

No known dividend for this company.

Earnings releases

Next release: 10/11/2026. Expected EPS: -1.04.

Factual data: ex-dividend history and earnings calendar, as of 05/11/2026. A past dividend does not guarantee the next one.

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Who owns the stock

Free float, institutional investors, large funds, executives and elected officials: declared positions in 4D Molecular Therapeutics, Inc.

Free float
77.0 %
share of freely traded shares
Large funds tracked
21
hold the stock as of 2026Q2
Executives (insiders)
0 / 15
0 purchases, 15 sales in 130 days

Large funds tracked

FundSharesValue (USD)Weight in the fundChangeQuarter
State Street5.8 m77.4 m0.0 %+115.0 %2026Q2
BlackRock4.5 m60.5 m0.0 %+9.7 %2026Q2
Goldman Sachs4.3 m56.6 m0.0 %+1.3 %2026Q2
Adage Capital Partners2.2 m29.9 m0.0 %+40.1 %2026Q2
Vanguard Group3.1 m23.2 m0.0 %+20.1 %2025Q4
Citadel Advisors1.4 m18.3 m0.0 %+420.7 %2026Q2
Geode Capital Management1.1 m15.0 m0.0 %+5.9 %2026Q2
Bank of America1.1 m14.9 m0.0 %+15.0 %2026Q2

Latest insider transactions

DatePersonSideAmount
16/10/2026Bizily Scottsale20,993 USD
05/10/2026Kirn Davidsale750,235 USD
05/10/2026Kirn Davidsale3,702 USD
16/09/2026Bizily Scottsale22,318 USD
14/09/2026Kirn Davidsale811,004 USD
01/09/2026Bizily Scottsale8,176 USD

Sources: 13F filings (quarter shown), executives' Form 4 filings and US Congress members' disclosures, collected on 08/11/2026. Detailed disclosure obligations mainly apply to companies listed in the United States.

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PEA and practical information

PEA eligibility
no
head office outside the EU and EEA
Listing exchange
Nasdaq
IPO: 11/12/2020
ISIN code
US35104E1001
Workforce
227
full-time employees
Chief executive
David H. Kirn
Next earnings
10/11/2026

Rule applied: the French PEA accepts shares of companies headquartered in the European Union or the European Economic Area and subject to corporate income tax; ADRs and tax-exempt property companies (SIIC) are excluded. The institution holding the PEA confirms eligibility.

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Frequently asked questions about 4D Molecular Therapeutics, Inc.

What is the 4D Molecular Therapeutics, Inc. share price?

Latest recorded price: 12.25 USD on 06/11/2026, for a market cap of 677 m USD.

What is the revenue of 4D Molecular Therapeutics, Inc.?

85.2 m USD for fiscal year 2025, with net income of -140 m USD (net margin -164.4 %).

When does 4D Molecular Therapeutics, Inc. report its next earnings?

The next release is expected on 10/11/2026. EPS expected by analysts: -1.04.

What do analysts say about 4D Molecular Therapeutics, Inc.?

Out of 14 analysts: 11 buy or strong buy, 2 hold, 1 sell or strong sell. Average price target: 29.67 USD, i.e. +149.3 % from the share price.

Is 4D Molecular Therapeutics, Inc. stock eligible for the French PEA?

No: the company is headquartered outside the European Union and the European Economic Area (ISIN US35104E1001).

How many employees does 4D Molecular Therapeutics, Inc. have?

227 full-time employees according to the latest published profile.

Who runs 4D Molecular Therapeutics, Inc.?

David H. Kirn is the company's chief executive.

Which large funds own 4D Molecular Therapeutics, Inc.?

As of 2026Q2, among the large funds tracked: State Street, BlackRock, Goldman Sachs, Adage Capital Partners, Vanguard Group.

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