4D Molecular Therapeutics (FDMT) logo

4D Molecular Therapeutics (FDMT) stock

Gene therapy , market cap $621M

$12.46
-0.16%

As of Tuesday's close · Live for Pro members at the open

Quality Score
-1
Poor
In its industry
#147of 281
Checks firing
0of 14
Choppy
From 52-week high
-26.4%
under its best in a year

FDMT's Quality Score fell 3 points on Tue, Nov 10, to -1. Its price broke out of a narrow range (3 chart checks stopped).

Follow FDMT's trial news. Pro members can get an alert when 4D Molecular Therapeutics files news, and see its trials, share raises, and its CEO's filings.

Get an alert when FDMT files news on its trialsSee it live, free until Thursday morning. No account. No card. Then keep going with a free account.

We do the work for you. Every stock is scored and ranked, every 15 seconds while the market is open. Here it's 15 minutes behind. Pro members see it live.

NextQ4 2026“SPECTRA clinical trial 2-year data expected in Q4 2026”Trial data · SEC filing · Aug 13
Cash$431M in cash. One of the last four quarters brought cash in while the others used it.On Jun 30 · the company says “into second half of 2028”

Why is FDMT down?

Down 50% over five years while the S&P 500 rose 72%; up 23% in the past year.

  • Since its 2024 high, its loss grew from $100.8M to $179.2M, and its share count rose 25.6% in a year.

Sources: Price history, Nov 9, 2026; Its high and its filings, Nov 9, 2026; Annual reports, Dec 31, 2025; Quarterly reports, Jun 30, 2026

1 more reason, free with an account →3 more reasons why FDMT lags the market, from its filings, with the timeline and its peers, for Pro members.

Key facts on FDMT

Key facts on FDMT
Latest filing10-Q, Aug 13 Filed its quarterly report (10-Q) for the quarter to Jun 30, 2026
1 more reason behind FDMT's -1, free with an account →3 more reasons behind FDMT's -1, for Pro members.

FDMT in the news

ReportExpected to report tomorrow, after the close. Every 3 months, a company tells everyone how much it sold and earned. It rose after 3 of its last 4 reports, +2.1% on average. Past reports ›

What's next

Tue Nov 10: Guggenheim 3rd Annual Global…Investor conference · date confirmed.

5 more dates ahead: conferences, for Pro members.

Cash$431M in cash. One of the last four quarters brought cash in while the others used it.On Jun 30 · the company says “into second half of 2028”

FDMT catalysts

Coming up

After its last 4 reports it closed +2.1% on average, higher 3 of 4 times.

4 more coming up and 3 past catalysts since 2023, with sizes and sources, for Pro members.

What's next for FDMT, and how long its cash lasts

Next step the company has named

Q4 2026“SPECTRA clinical trial 2-year data expected in Q4 2026”Trial data · SEC filing · Aug 13

What it means: the first look at a trial’s main results, as the company reports them.

A trial underway
4D-150 in Patients With Macular Neovascularization Secondary to Age-Related Macular DegenerationPhase 3 · Active · 480 people · main data estimated Jun 2027 · NCT06864988

9 more trials, 2 more milestones and 37 filings, for Pro members.

Cash runway Jun 30 balance sheet

$431M in cash

One of the last four quarters brought cash in while the others used it, so an average says little about the next.

What it means: a runway is counted only when each of the last four quarters used cash. The company's estimate is “into second half of 2028” (8-K, Aug 13).

For Pro members: the cash used each quarter, and the math.

Dilution on the horizon

  • Shelf registration (S-3, filed May 7, 2026)
  • At-the-market share sales program (S-3, filed May 7, 2026)

For Pro members: 3 raises and their amounts, and the share count against a year ago.

Insiders

Chief Legal Officer Scott Bizily sold 1,635 shares on Oct 16, under a planned sale. 14 more insider trades this year.

From Form 4: open-market buys and sales only.

For Pro members: every trade, and David Kirn’s 14 filings and quotes.

See every upcoming FDA date →

FDA dates in the next 60 days

Decision dates and advisory committee meetings the companies have announced in their filings, soonest first and small companies first.

DateStockDrug

14 more FDA dates and 103 trial data dates in the next 60 days, each on the FDA calendar. Pro members see whether each company's cash lasts past its date, with an optional alert before it. See all 151 dates, ranked →

Why FDMT scores -1

Poorfor quality, not price, 0 of 14 chart checks firingWhat the Quality Score means

  • +2Long-term trend above a rising 200-⁠day average
  • +2Growth sales up 278,712% on the year, sales too small for a marginSales and margins against a year earlier: up to +3 for fast growth and widening margins, down to -2 when both shrink.
  • Profit subtractsRead on the last four quarters against the four before, or the last full year where no quarters are filed.
  • Dilution subtractsNew shares over the year: -1 at 10% more, -2 at 25% more.
  • Volatility subtractsA daily range of 5% or more with nothing behind it (no profit or cash flow, sales shrinking, or 10% more shares outstanding with no free cash flow): -1, or -2 from 8%.
  • Cash flow subtracts-1 when free cash flow over the last four quarters is negative.

No effect today: Chart checks, Run-up, Size, Persistence, and News.

What every line is worth, and the reason behind it, on FDMT and every other stock.Get in free →

Price, score, chart checks, and the industry rank are from a snapshot taken at 10:56 PM ET, at least 15 minutes behind. How we rank stocks.

Tested. Our top-scored stocks returned 2.2x the average stock over the next month. Reconstructed after the fact; recorded live since Sep 9, 2026. How we tested it

How FDMT ranks in Biotech

FDMT is #147 of 281 by Quality Score.

How FDMT ranks in Biotech
RankStockQuality Score
1474D Molecular Therapeutics (FDMT) logoFDMT4D Molecular Therapeutics-1

More in Biotech

When does FDMT report earnings, and what happens after?

Expected to report Wed Nov 11, after the close (tomorrow).

What an earnings report is: every 3 months, a company tells everyone how much it sold and earned. We read the figures, the outlook, and how the stock moved after.

What FDMT reported on Aug 13, 2026

The quarter

The figures are not read from the release yet.

“The increase in revenue was primarily due to the clinical trial cost sharing and reimbursement amounts from Otsuka.”

The filing on EDGAR

Where the sales came from

FDMT's results filing gives no sales by line in a table we read.

The outlook

No outlook figures read from this release.

In the company's words

  • “This increase was primarily driven by execution of 4D-150 Phase 3 clinical trials in wet AMD.”

From its results filing (SEC filing · Aug 13)

1 more sentence, for Pro members.

The numbers

Market value
$621M
today
Sales
$92M
up 278,712% on the year

Its share count grew 21% a year over 3 years.

3 more figures, for Pro members.

No analyst estimates on Breakaway: every figure here is filed.

The whole report on FDMT: every line of its sales, every outlook beside the one it replaced, and the company's words, for Pro members.

Close after the report, last 3

+4.9%+2.1%+4.6%
Mar 18May 7Aug 13
ReportedGapReaction5
days
Aug 13, 2026After close-0.2%+4.6%+38.2%
May 7, 2026After close-8.6%+2.1%-1.2%
Mar 18, 2026After close+16.1%+4.9%+15.4%

FDMT closed higher after 3 of its last 4 reports.

All 4 reports, and FDMT's Quality Score going into each

Everyone reporting earnings this week

FDMT sales and profit by year

Sales and profit by year

Sales grew in four of the last six years, to $85.2M in 2025. It lost money in each of the seven years.

Nothing is firing on FDMT right now

Volume1 of 3 shown
Tight range1 of 3 shown
Buying1 of 3 shown
The other 10 checks on FDMT, and all 14 on every stock.Get in free →

FDMT RSI today: 50.1, below its 50-day, above its 200-day

Not scored

RSI 50.1, MACD above signal, below its 50-day, above its 200-day. Not scored.

The deep dive on FDMT

9 more findings on FDMT, each with its source, for Pro members.

FDMT share count over time

Shares: 25.6% more than a year ago (to Jun 30).

Shares of FDMT outstanding, as filed
Shares
outstanding
As
of
49.8MFeb 23, 2024
42.8MNov 2, 2023
42.1MAug 4, 2023
33.3MMay 5, 2023
Offerings, shelves, and splits of FDMT, from its filings
From its
filings
Filed
Registered shares for a later sale (S-3)May 7, 2026
Priced a sale of sharesNov 6, 2025
Set up an at-the-market program for up to $250M of shares, about 40% of its market valueJun 7, 2024
Raised $194.3M in a sale of shares, about 31% of its market valueFeb 8, 2024

FDMT's officers and directors

Officers and directors with a Form 4 in the last 12 months.

See insider trades by person

Which ETFs hold FDMT?

In ETFs: FDMT is under 0.1% of VTI, the most of the 24 funds Breakaway covers, by their holdings as filed for Jun 30, 2026.

About 4D Molecular Therapeutics

4D Molecular Therapeutics Inc is biotechnology company advancing durable and disease-targeted therapeutics with potential to transform treatment paradigms and provide unprecedented benefits to patients. Companies focus is on advancing 4D-150 for wet age-related macular degeneration (wet AMD) and diabetic macular edema (DME) through late-stage studies. It has built a portfolio of gene therapy product candidates focused on three therapeutic areas: Ophthalmology (intravitreal vector) includes 4D-150, 4D-710 and 4D-175; Cardiology (intravenous vector) includes 4D-710, 4D-725, and Pulmonology (aerosol vector).

196 employeesEmeryville, CA4dmoleculartherapeutics.com

What 4D Molecular Therapeutics says it competes with

“We may also face competition from large and specialty pharmaceutical and biotechnology companies, academic research institutions, government agencies and public and private research institutions with genetic medicine and other therapeutic approaches.”

From its annual report, SEC filing · Mar 18, 2026

Here is what Pro members see.

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    Who reports each day, and how each stock took its last four reports.

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    Every stock a box, colored by its Quality Score.

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  • What would turn FDMT's score around: 9 things
  • 7 more filings explained, a plain line each
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See FDMT's 14 chart checks

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Straight AnswersStraight Answers

As of Nov 10, 2026: FDMT's Quality Score is -1 (Poor), #147 of 281 in Biotech.

What does FDMT's Quality Score say?

FDMT scores -1 today, which Breakaway calls Poor. It is #147 of 281 in Biotech by Quality Score, with 0 of 14 chart checks firing. Down 50% over five years while the S&P 500 rose 72%; up 23% in the past year. Shares: 25.6% more than a year ago (to Jun 30). Breakaway does not say whether to buy any stock: the score does not know your situation, and it is not a recommendation to buy or sell anything. Please do your own research.

What is FDMT's Quality Score?

FDMT scores -1 today, which Breakaway calls Poor (below zero). That is #147 of 281 in Biotech by Quality Score. The score adds up the chart checks, the trend, the company's filed sales, its profits, the news, insider trades, and Congress trades. The section above lists the lines behind FDMT's -1.

When does FDMT report earnings?

Expected to report Wed Nov 11, after the close, a date Breakaway expects from the company's usual timing; the company has not confirmed it. FDMT closed higher after 3 of its last 4 reports. Past behavior, not a forecast.

Are the prices delayed?

Only on the public pages, which run at least 15 minutes behind. Pro members, and anyone on a guest pass, see real-time prices: the scanner refreshes every 15 seconds, and your watchlist every few seconds, pre-market and after hours included.

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What's next for 4D Molecular Therapeutics: from its SEC filings and ClinicalTrials.gov, the company's words, the registry's dates, and arithmetic, not a forecast. Companies often miss the dates they set.

The moves after past earnings reports are past behavior, not a forecast.

The price, the score, the chart checks and readings, and the industry rank on this page are delayed at least 15 minutes.

Our top-scored stocks' record: Oct 2021 to Sep 2026, before costs. Recorded live since Sep 9, 2026.

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