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NASDAQ:ETNB

89BIO (ETNB) Stock Price, News & Analysis

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About 89BIO Stock (NASDAQ:ETNB)

Key Stats

Today's Range
$14.82
$14.87
50-Day Range
$14.69
$14.87
52-Week Range
$6.55
$15.06
Volume
55.65 million shs
Average Volume
3.57 million shs
Market Capitalization
$2.20 billion
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$18.17
Consensus Rating
Hold

Company Overview

89bio, Inc is a clinical-stage biotechnology company focused on the discovery and development of novel therapies for metabolic and endocrine disorders. The company’s lead investigational asset, BIO89-100 (pegozafermin), is a long-acting analog of fibroblast growth factor 21 (FGF21) designed to address underlying drivers of nonalcoholic steatohepatitis (NASH), severe hypertriglyceridemia and related metabolic diseases. By leveraging protein engineering and proprietary delivery technologies, 89bio aims to improve metabolic health through targeted modulation of lipid and glucose pathways.

In addition to its NASH program, 89bio is exploring indications that include glycogen storage disease and other rare metabolic conditions with high unmet medical need. The company has advanced BIO89-100 into multiple clinical trials across North America and Europe, generating safety and efficacy data to support potential regulatory filings. Its research and development efforts are complemented by collaborations with academic centers and contract research organizations to accelerate patient enrollment and expand the understanding of FGF21 biology.

Headquartered in Redwood City, California, 89bio was founded in 2018 and completed its initial public offering on the NASDAQ under the ticker ETNB in 2022. Under the leadership of Chief Executive Officer Arndt Zhang, the company is building a pipeline of endocrine therapies aimed at transforming the treatment landscape for patients with chronic metabolic diseases.

AI Generated. May Contain Errors.

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ETNB Stock News Headlines

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RBC Capital Reaffirms Their Hold Rating on 89bio (ETNB)
Wolfe Research Downgrades 89bio (ETNB)
See More Headlines

ETNB Stock Analysis - Frequently Asked Questions

89BIO (NASDAQ:ETNB) released its quarterly earnings results on Thursday, August, 7th. The company reported ($0.71) EPS for the quarter, missing analysts' consensus estimates of ($0.49) by $0.22.

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 acted as the underwriters for the IPO and Oppenheimer was co-manager.

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

Company Calendar

Last Earnings
8/07/2025
Today
8/03/2026
Fiscal Year End
12/31/2026

Industry, Sector and Symbol

Stock Exchange
NASDAQ
Industry
Biotechnology
Sub-Industry
Biotechnology
Current Symbol
NASDAQ:ETNB
CIK
1785173
Fax
N/A
Employees
40
Year Founded
2018

Price Target and Rating

High Price Target
$29.00
Low Price Target
$11.00
Potential Upside/Downside
+22.4%
Consensus Rating
Hold
Rating Score (0-4)
2.00
Research Coverage
8 Analysts

Profitability

EPS (Trailing Twelve Months)
($3.61)
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
-94.48%
Return on Assets
-80.92%

Debt

Debt-to-Equity Ratio
0.07
Current Ratio
15.19
Quick Ratio
15.19

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
4.44

Miscellaneous

Outstanding Shares
148,310,000
Free Float
144,452,000
Market Cap
$2.20 billion
Optionable
Optionable
Beta
1.27
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This page (NASDAQ:ETNB) was last updated on 8/3/2026 by MarketBeat.com Staff.
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