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NASDAQ:ETNB

89BIO (ETNB) Stock Price, News & Analysis

89BIO logo
$11.12 +0.12 (+1.09%)
Closing price 04:00 PM Eastern
Extended Trading
$11.12 0.00 (-0.04%)
As of 07:22 PM Eastern
Extended trading is trading that happens on electronic markets outside of regular trading hours. This is a fair market value extended hours price provided by Polygon.io. Learn more.

About 89BIO Stock (NASDAQ:ETNB)

Key Stats

Today's Range
$10.84
$11.41
50-Day Range
$7.64
$11.00
52-Week Range
$4.16
$11.84
Volume
1.31 million shs
Average Volume
2.21 million shs
Market Capitalization
$1.62 billion
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$26.43
Consensus Rating
Buy

Company Overview

89BIO Stock Analysis - MarketRank™

See Top-Rated MarketRank™ Stocks
42nd Percentile Overall Score

ETNB MarketRank™: 

89BIO scored higher than 42% of companies evaluated by MarketBeat, and ranked 680th out of 939 stocks in the medical sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Consensus Rating

    89BIO has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 4 buy ratings, 2 hold ratings, and no sell ratings.

  • Amount of Analyst Coverage

    89BIO has only been the subject of 2 research reports in the past 90 days.

  • Read more about 89BIO's stock forecast and price target.
  • Earnings Growth

    Earnings for 89BIO are expected to grow in the coming year, from ($3.19) to ($2.51) per share.

  • Price to Earnings Ratio vs. the Market

    The P/E ratio of 89BIO is -3.29, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of 89BIO is -3.29, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

  • Price to Book Value per Share Ratio

    89BIO has a P/B Ratio of 3.33. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

  • Read more about 89BIO's valuation and earnings.
  • Percentage of Shares Shorted

    11.13% of the float of 89BIO has been sold short.
  • Short Interest Ratio / Days to Cover

    89BIO has a short interest ratio ("days to cover") of 7.9.
  • Change versus previous month

    Short interest in 89BIO has recently increased by 13.08%, indicating that investor sentiment is decreasing significantly.
  • Dividend Yield

    89BIO does not currently pay a dividend.

  • Dividend Growth

    89BIO does not have a long track record of dividend growth.

  • Percentage of Shares Shorted

    11.13% of the float of 89BIO has been sold short.
  • Short Interest Ratio / Days to Cover

    89BIO has a short interest ratio ("days to cover") of 7.9.
  • Change versus previous month

    Short interest in 89BIO has recently increased by 13.08%, indicating that investor sentiment is decreasing significantly.
  • News Sentiment

    89BIO has a news sentiment score of 0.90. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 1.01 average news sentiment score of Medical companies.
  • News Coverage This Week

    MarketBeat has tracked 8 news articles for 89BIO this week, compared to 5 articles on an average week.
  • Search Interest

    6 people have searched for ETNB on MarketBeat in the last 30 days.
  • MarketBeat Follows

    5 people have added 89BIO to their MarketBeat watchlist in the last 30 days.
  • Insider Buying vs. Insider Selling

    In the past three months, 89BIO insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $91,208.00 in company stock.

  • Percentage Held by Insiders

    Only 2.80% of the stock of 89BIO is held by insiders.

  • Read more about 89BIO's insider trading history.
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ETNB Stock News Headlines

89bio, Inc. (ETNB) - Yahoo Finance
The End of Elon Musk…?
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Is Now the Time to Buy Biotech Stocks?
See More Headlines

ETNB Stock Analysis - Frequently Asked Questions

89BIO's stock was trading at $7.82 at the beginning of the year. Since then, ETNB shares have increased by 42.2% and is now trading at $11.12.

89BIO (NASDAQ:ETNB) released its earnings results on Thursday, May, 1st. The company reported ($0.49) earnings per share for the quarter, beating analysts' consensus estimates of ($0.50) by $0.01.

89BIO (ETNB) raised $70 million in an initial public offering (IPO) on the week of November 11th 2019. The company issued 4,400,000 shares at a price of $15.00-$17.00 per share. BofA Merrill Lynch, SVB Leerink and RBC Capital Markets served as the underwriters for the IPO and Oppenheimer was co-manager.

Top institutional shareholders of 89BIO include Assenagon Asset Management S.A. (1.49%) and Harbor Capital Advisors Inc. (0.15%). Insiders that own company stock include Ra Capital Management, LP, Rohan Palekar, Quoc Le-Nguyen, Michael R Hayden, Ryan Martins, Charles Mcwherter, Edward Morrow Atkinson III and Kathleen Laporte.
View institutional ownership trends
.

Shares of ETNB stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.

Based on aggregate information from My MarketBeat watchlists, some other companies that 89BIO investors own include NVIDIA (NVDA), Meta Platforms (META), Tesla (TSLA), Advanced Micro Devices (AMD), JPMorgan Chase & Co. (JPM), Netflix (NFLX) and Walmart (WMT).

Company Calendar

Last Earnings
5/01/2025
Today
7/14/2025
Next Earnings (Estimated)
8/04/2025
Fiscal Year End
12/31/2025

Industry, Sector and Symbol

Stock Exchange
NASDAQ
Sector
Medical
Industry
MED - BIOMED/GENE
Sub-Industry
Pharmaceutical Products
Current Symbol
NASDAQ:ETNB
CIK
1785173
Fax
N/A
Employees
40
Year Founded
N/A

Price Target and Rating

High Price Target
$49.00
Low Price Target
$11.00
Potential Upside/Downside
+135.2%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
8 Analysts

Profitability

EPS (Trailing Twelve Months)
($3.38)
Trailing P/E Ratio
N/A
Forward P/E Ratio
N/A
P/E Growth
N/A
Net Income
-$367.08 million
Net Margins
N/A
Pretax Margin
N/A
Return on Equity
-81.44%
Return on Assets
-70.17%

Debt

Debt-to-Equity Ratio
0.06
Current Ratio
18.03
Quick Ratio
18.03

Sales & Book Value

Annual Sales
N/A
Price / Sales
N/A
Cash Flow
N/A
Price / Cash Flow
N/A
Book Value
$3.34 per share
Price / Book
3.36

Miscellaneous

Outstanding Shares
145,980,000
Free Float
141,896,000
Market Cap
$1.64 billion
Optionable
Optionable
Beta
1.28
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This page (NASDAQ:ETNB) was last updated on 7/14/2025 by MarketBeat.com Staff
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