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TGTX

TG Therapeutics Inc. Common Stock (TGTX) fair value

Healthcare · Biotechnology · NASDAQ · United States
$54.17+1.90%
Market cap $8.3BNext earnings 2026-11-02Updated Oct 19, 2026
Add earnings to calendarGoogle
Our verdict
Trades 136% above our fair value
Price
$54.17
Model fair valueConfidence: medium
$22.92
Only one of our models could value this stock with confidence, so use it as a guide.
Not used by alerts or posts.
Valued as a growth company: P/E comparison and EV/EBITDA comparison.
ACCE opinionTG Therapeutics Inc. Common Stock (TGTX)
Fair value (3 models)
Not available
ACCE price target
$53.50
Rating
Not rated
Horizon
12 months
ACCE price target published on 10 Oct 2026, 00:00 CEST.
Price used: $54.17 at the close on 23 Oct 2026, 22:00 CEST.
Models: EV/EBITDA comparison and P/E comparison.
Fair value: the average of the applicable valuation models (discounted cash flow, multiples, residual income, dividend discount, shareholder yield), each run on the latest financial statements and the market price shown. Opinion columns (fair value, target, rating) are shown apart from the data. Full methodology: acceinvestments.com/data/how-we-value-stocks
Full methodology
Conflicts of interest: The author holds no personal position in this security. General statement
Produced by ACCE Investments (acceinvestments.com)
Data
ACCE score
71
out of 100
Analysts
88% buy
8 covering
P/E
19.7x
forward 20.0x
1-year return
+61.7%
Dividend yield
0.00%

TG Therapeutics Inc. Common Stock in four questions

Plain answers, details below
Free accounts get 5 full stock pages a month, including the four answers.
OverviewAsk ACCEValuationQualityAnalystsSmart MoneyCompareNews and Record

Overview

ACCE thesis

TG Therapeutics sells Briumvi (ublituximab), an anti-CD20 infusion for relapsing and non-relapsing multiple sclerosis, and is building a franchise in B-cell-driven autoimmune disease. Its structural edge is a differentiated, shorter infusion regimen against the incumbent anti-CD20 antibodies, which supports a product with an 82.4% gross margin. Revenue growth of 70.3% reflects Briumvi's ramp as it takes share from established MS infusions, and the next leg depends on uptake in the expanding patient base and label progress in adjacent indications. At an $8.6 billion market cap the shares trade at 25.9x forward earnings against a 9.0% operating margin, so the bet is that operating leverage arrives as the revenue base scales. The multiple leaves little room for a stumble in launch execution, so this merits a deeper look at the commercial trajectory and cash burn before any further step.

AI-assisted·How I use AIWritten Oct 18, 2026
⚠ Investor warnings · 4 flagsAI-assisted·How I use AI
  • high
    Heavy short interest
    Short interest stands at 28.9% of float, a large bet against the shares that could amplify volatility in either direction.
  • moderate
    Earnings declining sharply
    Earnings fell 70.6% year over year even as revenue grew 70.3%, so profit is not keeping pace with the top line.
  • moderate
    Negative free cash flow
    Free cash flow is $-24,986,000, meaning the business consumed cash over the period despite strong reported margins.
  • moderate
    Score down sharply
    The ACCE score fell 11 points over 90 days, from 82 to 71, with the valuation sub-score at 33 and the most room to deteriorate.

AI research notes

AI-assisted·How I use AIWritten Oct 19, 2026 · figures from 2026-06-30 · prices to Oct 23, 2026
Why it could do well
  • Revenue grew 70.3% year over year, and the five-year average annual growth rate stands at 426.8%.
  • Net margin of 55.2% and return on equity of 100.3% show the business turning its sales into unusually large profits.
  • Seven of eight analysts rate the stock Buy or Strong Buy, and their mean price target sits 29.2% above the current share price.
Why it could disappoint
  • Free cash flow over the last twelve months was negative at -$25M, so reported profits are not yet turning into cash.
  • The latest earnings per share missed expectations by 87.8%, reporting 0.05 against 0.41 expected.
  • The stock trades at a forward P/E of 25.9x, slightly above the sector median of 24.2x, and trades 1.3% above the ACCE price target of $53.50.
Each chip shows the exact figure and where it comes from. A claim without a source is not published.

Next results

Nov 2, 2026
We update the fair value about 2 days after the results, once the new figures are filed.Add to calendarGoogle

Walk me through this stock

Plain-English pros, cons, and what to watch. Pro feature.

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Valuation

INVESTOR
Where TGTX's valuation models land
Price
$54.17
Model fair valueConfidence: medium
$22.92
Model
Fair value
Upside
EV/EBITDA comparison
P/E comparison
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Quality

INVESTOR
Quality and conviction INVESTOR FEATURE

The full quality picture: a reason under every score, how the scores moved, and the conviction breakdown.

  • +A plain reason under every score
  • +Conviction breakdown and growth / value / quality / momentum scores
  • +Score history: how each score moved over time

Analysts

Wall Street consensus

Bullish88% buy · 8 covering analysts
● Strong buy 6● Buy 1● Hold 0● Sell 1● Strong sell 0
Analyst intelligence INVESTOR FEATURE

The full analyst picture: the price-target distribution against the current price, forward consensus estimates, and how ACCE's own models compare.

  • +Price-target low / average / high vs the current price, with implied upside
  • +Forward revenue and EPS consensus by fiscal year
  • +ACCE fair-value models lined up against the Street

Smart Money

PRO

In one line

Trades are only made public after a delay. We show the delay so you know how old the news is.

Company insiders
No trades filed
Last 90 days
Congress
No trades filed
Last 180 days
Average delay
No trades filed
From trade to public filing
Do politicians beat the market? Our backtest →
Smart money tracking PRO FEATURE

Follow the informed money: 13F position changes, insider and Congress trades, and 13D activist filings.

  • +Quarter-over-quarter institutional position changes
  • +Every insider and Congress trade, with how late it was disclosed
  • +Active 13D activist filings and top holders

Compare

Where it sits vs peers

News and Record

Press releases mentioning this company

Recent performance

1 week
+0.4%
1 month
-3.3%
3 months
-3.3%
6 months
+47.9%
YTD
+81.7%
1 year
+61.7%

SEC filings

Recommendation history, last 12 months

DateTypeNewPreviousPrice
10 Oct 2026, 00:00 CESTACCE price target$53.50first publication$53.34
27 Sept 2026, 00:00 CESTFair value$17.51$17.81$57.43
21 Sept 2026, 00:00 CESTFair value$17.81$18.09$56.87
11 Sept 2026, 00:00 CESTFair value$18.09$18.33$54.65
5 Sept 2026, 00:00 CESTFair value$18.33$16.33$56.71
3 Sept 2026, 00:00 CESTFair value$16.33$16.10$56.09
31 Aug 2026, 00:00 CESTFair value$16.10$17.68$53.93
23 Aug 2026, 00:00 CESTFair value$17.68$17.49$55.72
20 Aug 2026, 00:00 CESTFair value$17.49$23.21$49.69
29 Jul 2026, 00:00 CESTFair value$23.21$22.93$55.44

This analysis is not personalised investment advice and does not take your situation, objectives or risk tolerance into account. ACCE Investments is not an authorised investment firm.

Investing in shares carries a risk of losing capital. The value of an investment can go down as well as up.

Valuation horizon: 12 months from the publication date.

Conflicts of interest. ACCE Investments is operated by Adrien Chantreuil, who may hold personal positions in the securities analysed. Positions are declared on each security. ACCE receives no payment from the companies analysed or from any intermediary for this analysis.

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Snapshot

Growth64Value33Quality88Momentum97Total71
Valuation
Trailing P/E
19.7x
Forward P/E
20.0x
PEG
no data
P/B
14.19x
EV / Revenue
10.9x
Book value/sh
$4.26
Enterprise value
$8.7B
Profitability
ROE
100.3%
FCF yield
-0.31%
ROIC
40.4%
Health and risk
Debt / equity
0.40
Dividend yield
0.00%
Beta
1.80

Price

+62.5% · 1Y

Ask anything about TGTX

Answered from TG Therapeutics Inc. Common Stock fundamentals + recent valuations. Every number shows its source and date.

This stock Peer Peer median weaker → stronger
P/Ebetter than 50% of peers
low 0.0x19.7xhigh 153.1x
ROEbetter than 100% of peers
low -53%100%high 100%
Div yieldbetter than 80% of peers
low 0.0%0.0%high 2.1%

Peers

Prices Oct 23, 2026
CompanyPriceFair valuevs fair valueP/EROEQualityScore
TGTX TG Therapeutics Inc. Common Stock$54.17--19.7x100.3%8871
KRYS Krystal Biotech Inc. Common Stock$320.13$153110% above40.1x20.1%9571
PCVX Vaxcyte Inc. Common Stock$62.85----36.5%3136
APGE Apogee Therapeutics Inc. Common Stock$135.07----32.5%3140
MDGL Madrigal Pharmaceuticals Inc. Common Stock$453.34----53.3%4340
BMRN BioMarin Pharmaceutical Inc. Common Stock$56.63$4525% above153.1x1.2%6356
1177.HK Sino Biopharmaceutical LimitedHK$4.98HK$420% above33.3x14.1%8055

Sector report card

Where TGTX ranks against its sector peers on each metric.

Computing percentiles…
  • Business Wire•Oct 12, 2026
    TG Therapeutics Announces Publication of Five-Year Comparative Analysis of BRIUMVI Versus Ocrelizumab and Ofatumumab in Relapsing Multiple Sclerosis
  • Business Wire•Oct 8, 2026
    TG Therapeutics Announces Schedule of Data Presentations at MSToronto2026
  • GlobeNewswire•Sep 10, 2026
    TG Therapeutics to Participate in the H.C. Wainwright 28th Annual Global Investment Conference
2 more press releases · full archive on Investor+.INVESTOR
26 filings of 40
September 2026
Sep 14
Form 4Insider transactionPeriod 2026-09-10
View on SEC →
August 2026
Aug 7
Form 4Insider transactionPeriod 2026-08-06
View on SEC →
Aug 5
10-QQuarterly reportPeriod 2026-06-30
View on SEC →
23 more filings + AI summaries on Investor+.INVESTOR