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Sagimet Biosciences - SGMT Stock Price Target and Predictions

  • Consensus Rating: Moderate Buy
  • Consensus Price Target: $23.00
  • Forecasted Upside: 364.65%
  • Number of Analysts: 7
  • Breakdown:
  • 0 Sell Ratings
  • 1 Hold Ratings
  • 6 Buy Ratings
  • 0 Strong Buy Ratings
$4.95 As of 12/20/2024 06:31 PM ET
▼ -0.12 (-2.37%)

This chart shows the closing price for SGMT by one month, three months, or twelve months.

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Analyst Price Target for SGMT

Analyst Price Target is $23.00
▲ +364.65% Upside Potential
This price target is based on 7 analysts offering 12 month price targets for Sagimet Biosciences in the last 3 months. The average price target is $23.00, with a high forecast of $32.00 and a low forecast of $6.00. The average price target represents a 364.65% upside from the last price of $4.95.

This chart shows the closing price for SGMT for the last year in relation to the current analyst high, average, and low pricetarget.

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Current Consensus is Moderate Buy

The current consensus among 7 polled investment analysts is to moderate buy stock in Sagimet Biosciences. This rating has held steady since June 2024, when it changed from a Buy consensus rating.

Past Monthly Recommendations

Move your mouse over past months for details

Read Past Recommendations DescriptionSkip Past Price Target Consensus Chart
  • 0 strong buy ratings
  • 0 buy ratings
  • 0 hold ratings
  • 0 sell ratings
Ratings as of
6/29/2023
  • 0 strong buy ratings
  • 4 buy ratings
  • 0 hold ratings
  • 0 sell ratings
Ratings as of
9/27/2023
  • 0 strong buy ratings
  • 4 buy ratings
  • 0 hold ratings
  • 0 sell ratings
Ratings as of
12/26/2023
  • 0 strong buy ratings
  • 6 buy ratings
  • 0 hold ratings
  • 0 sell ratings
Ratings as of
3/25/2024
  • 0 strong buy ratings
  • 7 buy ratings
  • 0 hold ratings
  • 0 sell ratings
Ratings as of
6/23/2024
  • 0 strong buy ratings
  • 4 buy ratings
  • 1 hold ratings
  • 0 sell ratings
Ratings as of
9/21/2024
  • 0 strong buy ratings
  • 5 buy ratings
  • 1 hold ratings
  • 0 sell ratings
Ratings as of
11/20/2024
  • 0 strong buy ratings
  • 6 buy ratings
  • 1 hold ratings
  • 0 sell ratings
Ratings as of
12/20/2024

Latest Recommendations

  • 0 strong buy ratings
  • 6 buy ratings
  • 1 hold ratings
  • 0 sell ratings

Display Ratings By
DateBrokerageActionRatingPrice TargetDetails
12/6/2024OppenheimerInitiated CoverageOutperform$30.00
11/15/2024HC WainwrightReiterated RatingBuy ➝ Buy$32.00 ➝ $32.00
11/12/2024UBS GroupInitiated CoverageBuy$12.00
10/31/2024HC WainwrightReiterated RatingBuy ➝ Buy$32.00 ➝ $32.00
10/2/2024HC WainwrightReiterated RatingBuy ➝ Buy$32.00 ➝ $32.00
8/15/2024JMP SecuritiesLower TargetMarket Outperform ➝ Market Outperform$48.00 ➝ $32.00
8/15/2024HC WainwrightReiterated RatingBuy ➝ Buy$32.00 ➝ $32.00
6/28/2024The Goldman Sachs GroupReiterated RatingBuy ➝ Neutral$23.00 ➝ $6.00
6/14/2024HC WainwrightReiterated RatingBuy ➝ Buy$32.00 ➝ $32.00
6/7/2024JMP SecuritiesReiterated RatingMarket Outperform ➝ Market Outperform$48.00 ➝ $48.00
6/7/2024HC WainwrightReiterated RatingBuy ➝ Buy$32.00 ➝ $32.00
5/24/2024JMP SecuritiesReiterated RatingMarket Outperform ➝ Market Outperform$48.00 ➝ $48.00
5/24/2024HC WainwrightReiterated RatingBuy ➝ Buy$32.00 ➝ $32.00
5/16/2024HC WainwrightReiterated RatingBuy ➝ Buy$32.00
5/16/2024The Goldman Sachs GroupLower TargetBuy ➝ Buy$27.00 ➝ $23.00
5/2/2024HC WainwrightInitiated CoverageBuy$32.00
3/26/2024The Goldman Sachs GroupLower TargetBuy ➝ Buy$37.00 ➝ $27.00
3/25/2024Leerink PartnrsReiterated RatingOutperform
3/25/2024Leerink PartnersInitiated CoverageOutperform$26.00
2/7/2024JMP SecuritiesLower TargetMarket Outperform ➝ Market Outperform$47.00 ➝ $46.00
1/23/2024The Goldman Sachs GroupBoost TargetBuy ➝ Buy$30.00 ➝ $37.00
1/22/2024JMP SecuritiesBoost TargetMarket Outperform ➝ Market Outperform$31.00 ➝ $47.00
12/5/2023JMP SecuritiesReiterated RatingMarket Outperform ➝ Market Outperform$31.00
8/8/2023TD CowenInitiated CoverageOutperform
8/8/2023Piper SandlerInitiated CoverageOverweight$67.00
8/8/2023The Goldman Sachs GroupInitiated CoverageBuy$33.00
8/8/2023JMP SecuritiesInitiated CoverageOutperform$30.00
(Data available from 12/21/2019 forward)

News Sentiment Rating

-0.02 (Hold)

Our news sentiment rating is based on the average sentiment of articles about this company published in the media in the last 30 days of headlines and can range from 2 (very positive sentiment) to -2 (very negative sentiment).

News Sentiment Over Time

Move your mouse over past months for details

Skip to Current Sentiment Summary
  • 2 very positive mentions
  • 14 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
5/25/2024
  • 3 very positive mentions
  • 4 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
6/24/2024
  • 2 very positive mentions
  • 1 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
7/24/2024
  • 11 very positive mentions
  • 6 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
8/23/2024
  • 0 very positive mentions
  • 5 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
9/22/2024
  • 4 very positive mentions
  • 11 positive mentions
  • 1 negative mentions
  • 0 very negative mentions
Mentions as of
10/22/2024
  • 3 very positive mentions
  • 18 positive mentions
  • 2 negative mentions
  • 0 very negative mentions
Mentions as of
11/21/2024
  • 0 very positive mentions
  • 10 positive mentions
  • 1 negative mentions
  • 0 very negative mentions
Mentions as of
12/21/2024

Current Sentiment

  • 0 very positive mentions
  • 10 positive mentions
  • 1 negative mentions
  • 0 very negative mentions

Recent Stories by Sentiment

Very Negative

  • No very negative mentions tracked during this time.

Negative

Positive

Very Positive

  • No very positive mentions tracked during this time.
Sagimet Biosciences logo
Sagimet Biosciences Inc., a clinical-stage biopharmaceutical company, develops therapeutics called fatty acid synthase (FASN) inhibitors for the treatment of diseases that result from dysfunctional metabolic pathways in the United States. The company's lead drug candidate is Denifanstat, a once-daily pill and selective FASN inhibitor for the treatment of metabolic dysfunction associated steatohepatitis. It also develops TVB-3567, a FASN inhibitor for the treatment of acne; and other oncology programs. The company was formerly known as 3-V Biosciences, Inc. and changed its name to Sagimet Biosciences Inc. in August 2019. Sagimet Biosciences Inc. was incorporated in 2006 and is headquartered in San Mateo, California.
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Today's Range

Now: $4.95
Low: $4.92
High: $5.25

50 Day Range

MA: $5.29
Low: $4.31
High: $6.19

52 Week Range

Now: $4.95
Low: $2.39
High: $20.71

Volume

436,834 shs

Average Volume

1,074,205 shs

Market Capitalization

$151.84 million

P/E Ratio

N/A

Dividend Yield

N/A

Beta

2.3

Frequently Asked Questions

What sell-side analysts currently cover shares of Sagimet Biosciences?

The following Wall Street analysts have issued research reports on Sagimet Biosciences in the last year: HC Wainwright, JMP Securities, Leerink Partners, Leerink Partnrs, Oppenheimer Holdings Inc., The Goldman Sachs Group, Inc., and UBS Group AG.
View the latest analyst ratings for SGMT.

What is the current price target for Sagimet Biosciences?

0 Wall Street analysts have set twelve-month price targets for Sagimet Biosciences in the last year. Their average twelve-month price target is $23.00, suggesting a possible upside of 364.6%. JMP Securities has the highest price target set, predicting SGMT will reach $32.00 in the next twelve months. The Goldman Sachs Group, Inc. has the lowest price target set, forecasting a price of $6.00 for Sagimet Biosciences in the next year.
View the latest price targets for SGMT.

What is the current consensus analyst rating for Sagimet Biosciences?

Sagimet Biosciences currently has 1 hold rating and 6 buy ratings from Wall Street analysts. The stock has a consensus analyst rating of "Moderate Buy."
View the latest ratings for SGMT.

What other companies compete with Sagimet Biosciences?

Other companies that are similar to Sagimet Biosciences include Prothena, Entrada Therapeutics, Arbutus Biopharma, Tectonic Therapeutic and CARGO Therapeutics. Learn More about companies similar to Sagimet Biosciences.

How do I contact Sagimet Biosciences' investor relations team?

The company's listed phone number is 650-561-8600 and its investor relations email address is [email protected]. The official website for Sagimet Biosciences is sagimet.com. Learn More about contacing Sagimet Biosciences investor relations.