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NASDAQ:SGMT

Sagimet Biosciences (SGMT) Stock Price, News & Analysis

Sagimet Biosciences logo
$7.58 -0.40 (-4.95%)
As of 11:18 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
$7.61
▼
$8.00
50-Day Range
$7.98
▼
$11.17
52-Week Range
$4.50
▼
$11.45
Volume
472,720 shs
Average Volume
1.20 million shs
Market Capitalization
$471.48 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$26.63
Consensus Rating
Moderate Buy

Company Overview

Sagimet Biosciences, Inc. is a clinical-stage biopharmaceutical company focused on developing medicines that target fatty acid synthase (FASN), an enzyme involved in the production of fatty acids. The company’s research is aimed at treating diseases associated with abnormal lipid metabolism and excess fat production.

Sagimet’s lead investigational product is denifanstat, an oral, selective FASN inhibitor formerly known as TVB-2640. The company is evaluating denifanstat primarily for metabolic dysfunction-associated steatohepatitis (MASH), a chronic liver disease that can involve inflammation, fat accumulation and fibrosis. Sagimet has also investigated the compound in other conditions, including acne and certain cancers, through earlier-stage clinical programs and research collaborations.

The company was previously known as 3-V Biosciences and is based in San Mateo, California. Sagimet’s operations are centered on drug discovery, clinical development and regulatory advancement of its FASN inhibitor programs, with clinical activities conducted through research and medical networks in the United States and other regions. The company’s common stock trades on the Nasdaq under the symbol SGMT.

AI Generated. May Contain Errors.

Sagimet Biosciences Stock Analysis - MarketRank™

See Top-Rated MarketRank™ Stocks
66th Percentile Overall Score

SGMT MarketRank™: 
3.29536476165 of 5 stars

Sagimet Biosciences scored higher than 66% of companies evaluated by MarketBeat, and ranked 361st out of 877 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 2.58, and is based on no strong buy ratings, 9 buy ratings, 1 hold rating, and 2 sell ratings.

  • Upside Potential

    Sagimet Biosciences has a consensus price target of $26.63, representing about 243.2% upside from its current price of $7.76.

  • Amount of Analyst Coverage

    Sagimet Biosciences has been the subject of 10 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 ($1.14) to ($1.06) per share.

  • Price to Earnings Ratio vs. the Market

    The P/E ratio of Sagimet Biosciences is -6.05, 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 -6.05, 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 2.27. 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

    20.34% 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 6.7.
  • Change versus previous month

    Short interest in Sagimet Biosciences has recently increased by 9.03%, indicating that investor sentiment is decreasing significantly.
  • 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 0.86. 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 higher news sentiment than the 0.70 average news sentiment score of Healthcare companies.
  • News Coverage This Week

    MarketBeat has tracked 6 news articles for Sagimet Biosciences this week, compared to 4 articles on an average week.
  • Search Interest

    17 people have searched for SGMT on MarketBeat in the last 30 days. This is an increase of 183% compared to the previous 30 days.
  • MarketBeat Follows

    Only 2 people have added Sagimet Biosciences to their MarketBeat watchlist in the last 30 days. This is a decrease of 0% compared to the previous 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

AI Microcap Teams With Gentex on Next-Gen Military Helmets
Morgan Stanley projects the humanoid robotics market could reach $5 trillion by 2050, with more than 1 billion robots operating worldwide. But even the most advanced machines still lack one human sense: smell. One microcap is developing an AI-powered sensor, smaller than a deck of cards, now in hands-on integration with Gentex, whose helmet systems serve U.S. forces and more than 20 NATO nations.tc pixel
HC Wainwright Has Optimistic Opinion of SGMT FY2026 Earnings
HC Wainwright Has Strong Forecast for SGMT FY2029 Earnings
Sagimet Biosciences (NASDAQ:SGMT) Shares Down 6% - What's Next?
See More Headlines

SGMT Stock Analysis - Frequently Asked Questions

Sagimet Biosciences' stock was trading at $5.92 on January 1st, 2026. Since then, SGMT shares have increased by 31.1% and is now trading at $7.76.

Sagimet Biosciences Inc. (NASDAQ:SGMT) released 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.

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 NVIDIA (NVDA), Palantir Technologies (PLTR), Taiwan Semiconductor Manufacturing (TSM), Advanced Micro Devices (AMD), Iovance Biotherapeutics (IOVA), Energy Transfer (ET) and Tesla (TSLA).

Company Calendar

Last Earnings
8/11/2026
Today
10/14/2026
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
16
Year Founded
2006

Price Target and Rating

High Price Target
$56.00
Low Price Target
$7.00
Potential Upside/Downside
+248.9%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.58
Research Coverage
12 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
237.26
Cash Flow
N/A
Price / Cash Flow
N/A
Book Value
$3.42 per share
Price / Book
2.23

Miscellaneous

Outstanding Shares
62,160,000
Free Float
55,011,000
Market Cap
$474.53 million
Optionable
Optionable
Beta
3.46

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This page (NASDAQ:SGMT) was last updated on 10/14/2026 by MarketBeat.com Staff.
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