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SGMT Overview

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$
0.000
0.000(0.000%)
At close
0.000(0.000%)Aft-market
ET
$
0.000
0.000(0.000%)
At close
0.000(0.000%)Aft-market
ET
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Intellectia

Loading chart...

High
8.140
Open
8.100
VWAP
7.87
Vol
656.80K
Mkt Cap
273.06M
Low
7.622
Amount
5.17M
EV/EBITDA(TTM)
--
Total Shares
32.59M
EV
403.82M
EV/OCF(TTM)
--
P/S(TTM)
--
Sagimet Biosciences Inc. is a clinical-stage biopharmaceutical company developing fatty acid synthase (FASN) inhibitors that are designed to target dysfunctional metabolic and fibrotic pathways in diseases resulting from the overproduction of the fatty acid, palmitate. The Company's lead drug candidate, denifanstat, is an oral, once-daily pill and selective FASN inhibitor in development for the treatment of metabolic dysfunction associated steatohepatitis (MASH). Denifanstat has been granted Breakthrough Therapy designation by the FDA for the treatment of non-cirrhotic MASH with moderate to advanced liver fibrosis. The Company is also exploring the use of its FASN inhibitors, which include denifanstat and its pipeline product candidate, TVB-3567, in acne and in select forms of cancer. Denifanstat is being tested in China by its license partner, Ascletis BioScience Co. Ltd., for moderate to severe acne vulgaris and recurrent glioblastoma multiforme in combination with bevacizumab.
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Events Timeline

(ET)
2026-04-20
07:10:00
Sagimet Biosciences Appoints Andreas Grauer as Chief Medical Officer
select
2026-03-11 (ET)
2026-03-11
07:40:00
Sagimet CEO: Advancements in MASH and Acne Programs in 2025
select

News

moomoo
4.0
05-05moomoo
SAGIMET BIOSCIENCES INC: CANACCORD GENUITY INCREASES TARGET PRICE FROM $28 TO $49
  • Company Overview: Canaccord Genuity has raised its price target for a specific stock.

  • New Price Target: The new price target is set at $49, an increase from the previous target of $28.

Fool
8.5
04-27Fool
Sagimet Biosciences Announces New Drug Trial Plans
  • Stock Surge: Sagimet Biosciences' shares surged 45.2% to $8.65 following the announcement of plans to initiate Phase 3 trials of denifanstat in the U.S., reflecting strong investor confidence in the company's future prospects.
  • Market Opportunity: With 10 million acne sufferers in the U.S. alone, and the global acne treatment market currently valued at approximately $11 billion, projected to grow to nearly $17 billion by 2034, Sagimet stands to gain significantly in this lucrative sector.
  • Funding Strategy: Sagimet plans to raise $175 million by issuing over 29 million new shares at $6.00 each, which will dilute existing shareholders but is expected to provide essential funding for the next stages of denifanstat's testing.
  • Clinical Trial Progress: Following the successful completion of Phase 3 trials in China, Sagimet aims to launch U.S. Phase 3 trials in the second half of 2026, further advancing its entry into the acne treatment market and enhancing its competitive position.
stocktwits
8.5
04-27stocktwits
Sagimet Plans Phase 3 Trial Launch for Denifanstat in 2026
  • Funding Strategy: Sagimet priced a public offering of approximately 29.2 million shares of its Series A common stock at $6 per share, aiming to raise about $175 million in gross proceeds, which is a 2.4% premium over Friday's closing price, ensuring funding for its acne treatment programs through 2028.
  • Clinical Trial Advancement: The company plans to launch a Phase 3 U.S. trial of Denifanstat in the second half of 2026, following positive late-stage results in China that demonstrated good safety and sustained improvement in patients with moderate to severe acne, marking a significant advancement in its acne treatment portfolio.
  • Positive Market Reaction: Following the latest financing announcement, Sagimet's shares surged over 40%, recording their largest single-day gain in more than 27 months and breaking the 200-day moving average for the first time, reflecting strong investor confidence in the company's future prospects.
  • Pipeline Expansion: In addition to Denifanstat, Sagimet plans to advance TVB-3567 into Phase 2 studies later this year, further enriching its acne treatment pipeline, although development in metabolic dysfunction-associated steatohepatitis (MASH) will be paused until non-dilutive funding is secured.
NASDAQ.COM
4.5
04-27NASDAQ.COM
NASDAQ 100 Pre-Market Activity Overview
  • Market Performance: The NASDAQ 100 Pre-Market Indicator is down 22.14 points to 27,281.53, indicating cautious market sentiment that may influence short-term investor decisions.
  • Active Stocks: Organon & Co. (OGN) rises by $1.91 to $13.17 with a trading volume of 34,420,118 shares, currently priced at 146.33% of its target price, reflecting optimistic market expectations for its future performance.
  • Earnings Forecast: Intel Corporation (INTC) has had three upward revisions in earnings forecasts over the past four weeks, with a current stock price of $82.86 and an expected EPS of $0.08 for the fiscal quarter ending June 2027, showcasing market confidence in its future profitability.
  • Short Interest Data: Sagimet Biosciences Inc. (SGMT) and Intellia Therapeutics, Inc. (NTLA) have days to cover of 10.41 and 15.42 respectively, indicating high short-term trading activity for these stocks, which may impact their price volatility.
seekingalpha
8.5
04-27seekingalpha
Sagimet Biosciences Stock Surges 30% on $175M Offering Announcement
  • Significant Fundraising: Sagimet Biosciences successfully priced an underwritten offering of approximately 29 million shares at $6.00 per share, expecting gross proceeds of $175 million, which will provide robust financial support for its clinical trials.
  • Advancing Clinical Trials: The funding will be utilized to support the Phase 3 trial of denifanstat for acne treatment while advancing TVB-3567 and a topical FASN inhibitor, indicating the company's strategic focus in dermatological therapies.
  • Planned Use of Funds: Sagimet intends to combine net proceeds with existing capital to sustain its acne program operations through 2028 and cover general corporate expenses, reflecting the company's confidence in its future growth.
  • Positive Market Reaction: Following the fundraising announcement, Sagimet's stock surged approximately 30% in pre-market trading on Monday, indicating investor optimism regarding the company's prospects, particularly in its drug development potential.
Newsfilter
8.5
04-27Newsfilter
Sagimet Biosciences Prices $175 Million Underwritten Offering
  • Offering Size: Sagimet Biosciences has priced an underwritten offering of 29,166,700 shares of Series A common stock at $6.00 per share, expecting gross proceeds of approximately $175 million, which will significantly bolster its funding for clinical trials and operations.
  • Use of Proceeds: The company intends to utilize the net proceeds from this offering, along with existing cash, to fund a Phase 3 clinical trial for denifanstat in acne and advance TVB-3567 through Phase 2 topline results, indicating a strong commitment to R&D and strategic growth.
  • Investor Participation: The financing attracted participation from both new and existing investors, including Balyasny Asset Management and Blue Owl Healthcare Opportunities, reflecting strong market confidence in Sagimet's future and enhancing its capital foundation.
  • Future Outlook: Sagimet expects that its existing cash, combined with the proceeds from this offering, will fund its acne programs through 2028, demonstrating the company's long-term commitment to addressing market needs in the therapeutic space.
Wall Street analysts forecast SGMT stock price to rise
10 Analyst Rating
Wall Street analysts forecast SGMT stock price to rise
9 Buy
1 Hold
0 Sell
Strong Buy
Current: 0.000
sliders
Low
8.00
Averages
27.00
High
37.00
Current: 0.000
sliders
Low
8.00
Averages
27.00
High
37.00
Canaccord
Buy
maintain
$28 -> $49
AI Analysis
2026-05-04
New
Reason
Canaccord
Price Target
$28 -> $49
AI Analysis
2026-05-04
New
maintain
Buy
Reason
Canaccord raised the firm's price target on Sagimet Biosciences to $49 from $28 and keeps a Buy rating on the shares. The firm noted the company announced the re-prioritization of its pipeline development with acne taking the lead. The company raised $175M to achieve this new strategy and the company hosted a KOL call to broaden investor knowledge of the acne market and unmet need.
Oppenheimer
Outperform
maintain
$28 -> $33
2026-05-01
Reason
Oppenheimer
Price Target
$28 -> $33
2026-05-01
maintain
Outperform
Reason
Oppenheimer raised the firm's price target on Sagimet Biosciences to $33 from $28 and keeps an Outperform rating on the shares. The firm notes the company hosted Dr. Julie Harper to unpack deni's potential in acne, following management's strategic pivot to derm. Oppenheimer is incrementally optimistic about deni's disruptive potential in acne.
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Valuation Metrics

The current forward P/E ratio for Sagimet Biosciences Inc (SGMT.O) is 0.00, compared to its 5-year average forward P/E of -2.64. For a more detailed relative valuation and DCF analysis to assess Sagimet Biosciences Inc's fair value, Click here.

Forward PE

The forward P/E ratio is a valuation metric that divides a company's current stock price by its estimated future earnings per share over the next 12 months.
StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
N/A
5Y Average PE
-2.64
Current PE
0.00
Overvalued PE
-1.07
Undervalued PE
-4.22

Forward EV/EBITDA

The forward EV/EBITDA ratio is a valuation metric that divides a company's enterprise value (EV) by its estimated future earnings before interest, taxes, depreciation, and amortization (EBITDA) over the next 12 months.
StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
N/A
5Y Average EV/EBITDA
-0.21
Current EV/EBITDA
0.00
Overvalued EV/EBITDA
0.48
Undervalued EV/EBITDA
-0.90

Forward PS

The forward P/S ratio is a valuation metric that divides a company's current stock price by its estimated future sales (or revenue) per share over the next 12 months.
StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
N/A
5Y Average PS
21.15
Current PS
61.06
Overvalued PS
225.13
Undervalued PS
-182.82

Financials

AI Analysis
Annual
Quarterly

Whales Holding SGMT

A
Affinity Asset Advisors, LLC
Holding
SGMT
+11.37%
3M Return

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Frequently Asked Questions

What is Sagimet Biosciences Inc (SGMT) stock price today?

The current price of SGMT is 7.85 USD — it has decreased -6.32

What is Sagimet Biosciences Inc (SGMT)'s business?

Sagimet Biosciences Inc. is a clinical-stage biopharmaceutical company developing fatty acid synthase (FASN) inhibitors that are designed to target dysfunctional metabolic and fibrotic pathways in diseases resulting from the overproduction of the fatty acid, palmitate. The Company's lead drug candidate, denifanstat, is an oral, once-daily pill and selective FASN inhibitor in development for the treatment of metabolic dysfunction associated steatohepatitis (MASH). Denifanstat has been granted Breakthrough Therapy designation by the FDA for the treatment of non-cirrhotic MASH with moderate to advanced liver fibrosis. The Company is also exploring the use of its FASN inhibitors, which include denifanstat and its pipeline product candidate, TVB-3567, in acne and in select forms of cancer. Denifanstat is being tested in China by its license partner, Ascletis BioScience Co. Ltd., for moderate to severe acne vulgaris and recurrent glioblastoma multiforme in combination with bevacizumab.

What is the price predicton of SGMT Stock?

Wall Street analysts forecast SGMT stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for SGMT is27.00 USD with a low forecast of 8.00 USD and a high forecast of 37.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.

What is Sagimet Biosciences Inc (SGMT)'s revenue for the last quarter?

Sagimet Biosciences Inc revenue for the last quarter amounts to 0.00 USD, decreased

What is Sagimet Biosciences Inc (SGMT)'s earnings per share (EPS) for the last quarter?

Sagimet Biosciences Inc. EPS for the last quarter amounts to -0.29 USD, decreased -42.00

How many employees does Sagimet Biosciences Inc (SGMT). have?

Sagimet Biosciences Inc (SGMT) has 16 emplpoyees as of May 08 2026.

What is Sagimet Biosciences Inc (SGMT) market cap?

Today SGMT has the market capitalization of 273.06M USD.