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NASDAQ:SGMT

Sagimet Biosciences (SGMT) Stock Price, News & Analysis

Sagimet Biosciences logo
$10.90 -0.09 (-0.83%)
As of 10:46 AM Eastern
This is a fair market value price provided by Massive. Learn more.

About Sagimet Biosciences Stock (NASDAQ:SGMT)

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Key Stats

Today's Range
$10.87
$11.24
50-Day Range
$6.86
$10.99
52-Week Range
$4.50
$11.24
Volume
159,663 shs
Average Volume
1.17 million shs
Market Capitalization
$677.48 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$29.17
Consensus Rating
Moderate Buy

Company Overview

Sagimet Biosciences (NASDAQ: SGMT) is a clinical-stage biotechnology company focused on developing novel therapies for fibrotic diseases. The company’s lead program, CM-101, is a first-in-class fusion protein designed to neutralize the chemokine CCL24 and interrupt key drivers of tissue fibrosis. Preclinical data have demonstrated CM-101’s potential to block fibrotic signaling pathways in multiple organ systems, and the company has advanced the program into early-stage clinical evaluation for indications such as nonalcoholic steatohepatitis and systemic sclerosis.

In addition to CM-101, Sagimet maintains a pipeline of preclinical candidates targeting inflammation-driven fibrotic processes. The company’s research platform leverages a proprietary chemokine-targeted approach to address underlying disease mechanisms rather than solely treating symptoms. By focusing on the molecular cues that recruit pro-fibrotic cells, Sagimet aims to develop therapies with the potential for disease modification in conditions that today have limited treatment options.

Headquartered in the San Francisco Bay Area, Sagimet Biosciences operates research and development facilities that support both in-house discovery and collaborative initiatives with academic and industry partners. Since its formation in 2020, the company has built a team of scientists and clinicians with expertise in fibrosis biology, protein engineering and translational medicine. This multidisciplinary organization is structured to accelerate candidates from early discovery through proof-of-concept studies.

Sagimet’s leadership team is led by President and Chief Executive Officer Dr. Steven Landis, a recognized expert in fibrotic disease research and a co-founder of the company’s predecessor, Cirius Therapeutics. Under Dr. Landis’s guidance, Sagimet has established a clear clinical development plan for CM-101 and is advancing strategic collaborations to expand its pipeline. The company’s strategic vision is centered on delivering first-in-class and best-in-class therapies for patients with high-unmet-need fibrotic disorders.

AI Generated. May Contain Errors.

Sagimet Biosciences Stock Analysis - MarketRank™

See Top-Rated MarketRank™ Stocks
63rd Percentile Overall Score

SGMT MarketRank™: 

Sagimet Biosciences scored higher than 63% of companies evaluated by MarketBeat, and ranked 313th out of 914 stocks in the healthcare sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Consensus Rating

    Sagimet Biosciences has received a consensus rating of Moderate Buy. The company's average rating score is 2.60, and is based on no strong buy ratings, 7 buy ratings, 2 hold ratings, and 1 sell rating.

  • Upside Potential

    Sagimet Biosciences has a consensus price target of $29.17, representing about 165.4% upside from its current price of $10.99.

  • Amount of Analyst Coverage

    Sagimet Biosciences has been the subject of 5 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

  • Read more about Sagimet Biosciences' stock forecast and price target.
  • Earnings Growth

    Earnings for Sagimet Biosciences are expected to grow in the coming year, from ($1.20) to ($1.11) per share.

  • Price to Earnings Ratio vs. the Market

    The P/E ratio of Sagimet Biosciences is -8.59, 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 Sagimet Biosciences is -8.59, 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

    Sagimet Biosciences has a P/B Ratio of 2.67. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

  • Read more about Sagimet Biosciences' valuation and earnings.
  • Percentage of Shares Shorted

    21.35% of the float of Sagimet Biosciences has been sold short.
  • Short Interest Ratio / Days to Cover

    Sagimet Biosciences has a short interest ratio ("days to cover") of 6.86.
  • Change versus previous month

    Short interest in Sagimet Biosciences has recently increased by 1.30%, indicating that investor sentiment is decreasing.
  • Dividend Yield

    Sagimet Biosciences does not currently pay a dividend.

  • Dividend Growth

    Sagimet Biosciences does not have a long track record of dividend growth.

  • News Sentiment

    Sagimet Biosciences has a news sentiment score of 0.32. 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 0.79 average news sentiment score of Healthcare companies.
  • News Coverage This Week

    MarketBeat has tracked 4 news articles for Sagimet Biosciences this week, compared to 3 articles on an average week.
  • Search Interest

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

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

    In the past three months, Sagimet Biosciences insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $920,491.00 in company stock.

  • Percentage Held by Insiders

    11.50% of the stock of Sagimet Biosciences is held by insiders. A high percentage of insider ownership can be a sign of company health.

  • Percentage Held by Institutions

    87.86% of the stock of Sagimet Biosciences is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

  • Read more about Sagimet Biosciences' insider trading history.
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SGMT Stock News Headlines

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SGMT Stock Analysis - Frequently Asked Questions

Sagimet Biosciences' stock was trading at $5.92 at the start of the year. Since then, SGMT shares have increased by 85.6% and is now trading at $10.99.

Sagimet Biosciences Inc. (NASDAQ:SGMT) announced its earnings results on Tuesday, August, 11th. The company reported ($0.26) EPS for the quarter, missing analysts' consensus estimates of ($0.25) by $0.01.

Sagimet Biosciences (SGMT) raised $85 million in an initial public offering on Friday, July 14th 2023. The company issued 5,312,500 shares at a price of $15.00-$17.00 per share.

Sagimet Biosciences' top institutional shareholders include Seven Fleet Capital Management LP (1.24%), Bank of New York Mellon Corp (0.62%), FNY Investment Advisers LLC (0.34%) and AWM Investment Company Inc. (0.25%). Insiders that own company stock include David Happel, Elizabeth Rozek, Eduardo Bruno Martins, George Kemble and Thierry Chauche.
View institutional ownership trends
.

Shares of SGMT 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 Sagimet Biosciences investors own include XPENG (XPEV), Iovance Biotherapeutics (IOVA), Taiwan Semiconductor Manufacturing (TSM), Avino Silver & Gold Mines (ASM), Tenet Healthcare (THC) and Urogen Pharma (URGN).

Company Calendar

Last Earnings
8/11/2026
Today
9/03/2026
Next Earnings (Estimated)
11/12/2026
Fiscal Year End
12/31/2026

Industry, Sector and Symbol

Stock Exchange
NASDAQ
Industry
Biotechnology
Sub-Industry
Biotechnology
Current Symbol
NASDAQ:SGMT
CIK
1400118
Fax
N/A
Employees
8
Year Founded
2006

Price Target and Rating

High Price Target
$56.00
Low Price Target
$8.00
Potential Upside/Downside
+166.0%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.60
Research Coverage
10 Analysts

Profitability

EPS (Trailing Twelve Months)
($1.28)
Trailing P/E Ratio
N/A
Forward P/E Ratio
N/A
P/E Growth
N/A
Net Income
-$51.04 million
Net Margins
N/A
Pretax Margin
N/A
Return on Equity
-31.96%
Return on Assets
-30.57%

Debt

Debt-to-Equity Ratio
N/A
Current Ratio
45.03
Quick Ratio
45.02

Sales & Book Value

Annual Sales
$2 million
Price / Sales
340.82
Cash Flow
N/A
Price / Cash Flow
N/A
Book Value
$4.12 per share
Price / Book
2.66

Miscellaneous

Outstanding Shares
62,160,000
Free Float
55,011,000
Market Cap
$681.65 million
Optionable
Optionable
Beta
3.45

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This page (NASDAQ:SGMT) was last updated on 9/3/2026 by MarketBeat.com Staff.
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