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4M

4D Molecular Therapeutics, Inc. (FDMT)

NASDAQ • Healthcare

$10.8
-$1.04 (-8.9%)
Market open

Last close at October 23, 2026 at 20:00 UTC

Open$11.74
Previous Close$10.8
Day Range$10.68 - $11.75
Avg. Volume (3M)1M
Market Cap$596.6M
52 Week Range
$6.96$16.93
Next EarningsIn 16 daysNov 10, 2026

Metrics Over Time

Where the Money Goes

Q2 2026
Revenueeverything earned$3.7M100%
Gross Profitminus cost of goods$1.6M45%

Fundamentals & Financials

Revenue (TTM)
$92M
Net Income (TTM)
-$179.1M
EPS (TTM)
-$2.72
ROA (TTM)
-36.37%
Current Ratio
8.03

TTM is calculated as the sum of the four most recently completed quarters. This is a standard approach when monthly or real-time data is not available.

Earnings

+181.1%Q1 2026$0.43
-4.1%Q2 2026-$1.01
-2.0%Q3 2026-$1.04
Next

Nov 10

in 16 daysQ4 2026

% — EPS deviation from the forecast (beat / miss); quarters without a forecast show the reported EPS

Latest report — Q3 2026
Miss -2.0%

4D Molecular Therapeutics’ EPS trailed consensus in the second fiscal quarter of 2026, reported August 13, 2026, with EPS of -$1.04 versus the -$1.02 estimate (difference -$0.02). Revenue came in at about $3.8 million, with results concentrated in Japan at roughly $3.7 million, while the United States contributed about $0.1 million and grew +500% year over year. On profitability, operating loss was about $77.0 million, and the company posted net income of roughly -$72.9 million, down 33.4% year over year from about -$54.7 million. EPS was down 6.1% from -$0.98 a year ago. For the next period, consensus calls for EPS of -$1.04 on revenue of $3.5 million.

Next report — what to expect

4D Molecular Therapeutics, Inc. (FDMT) reports earnings on November 10, 2026. Wall Street is looking for EPS of -$1.04 on revenue of $3.5 million; for trailing context, revenue rose +25106.7% year over year last quarter. FDMT has beaten EPS in 2 of its 8 most recent quarters, so attention may center on top-line delivery and expense trends.

View full earnings history

About 4D Molecular Therapeutics, Inc.

4D Molecular Therapeutics, Inc. develops genetic medicines through its proprietary adeno-associated virus vector platform as a NASDAQ-listed Biotechnology company, with development efforts concentrated in ophthalmology, cardiology, and pulmonology. It recorded $85.2 million of revenue in FY2025, and its pipeline spans inherited retinal, cardiac, and pulmonary disease programs.

Name
4D Molecular Therapeutics, Inc.
CEO
David H. Kirn
Industry
Healthcare
Year Founded
2013
Employees
196

Today's Snapshot

AI-generated

FDMT closed 8.9% below yesterday's close, in line with a weaker sector.

Trading Volume

Below 10d avg (999.4K)

996K

vs S&P 500 Today

Strong Underperformance

-8.34%

Updated: October 23, 2026 at 20:23 UTC

Technical Indicators

1 Buy1 Neutral6 Sell
FDMT leans bearish on technicals as momentum measures are negative—MACD below zero and CCI deeply negative—while the stock trades beneath most short- and medium-term moving averages. The 200-day average is close to the current price, which moderates the extent of the weakness, yet on-balance volume and an elevated ATR suggest selling pressure and above-average volatility. ADX is low, indicating trend weakness, but the preponderance of negative momentum and moving-average alignment supports a cautious stance. Technical takeaway: Sell — momentum and moving averages favor a bearish bias despite a marginal position relative to the 200-day.
All signals
  • EMA (5 indicators)$11.41 - $13.07
    Sell
  • RSI (14)33.15
    Neutral
  • Stochastic %K (14, 3, 3)13.68
    Buy
  • MACD Level (12, 26)-0.57
    Sell
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