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Sagimet Biosciences - SGMT Stock Price Target and Predictions

  • Consensus Rating: Buy
  • Consensus Price Target: $43.33
  • Forecasted Upside: 389.64%
  • Number of Analysts: 4
  • Breakdown:
  • 0 Sell Ratings
  • 0 Hold Ratings
  • 4 Buy Ratings
  • 0 Strong Buy Ratings
$8.85 As of 09/28/2023 03:32 PM ET
▼ -0.6 (-6.35%)

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 $43.33
▲ +389.64% Upside Potential
This price target is based on 4 analysts offering 12 month price targets for Sagimet Biosciences in the last 3 months. The average price target is $43.33, with a high forecast of $67.00 and a low forecast of $30.00. The average price target represents a 389.64% upside from the last price of $8.85.

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 Buy

The current consensus among 4 contributing investment analysts is to buy stock in Sagimet Biosciences. This Buy consensus rating has held steady for over two years.

Past Monthly Recommendations

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Read Past Recommendations DescriptionSkip Past Price Target Consensus Chart
  • 0 strong buy ratings
  • 4 buy ratings
  • 0 hold ratings
  • 0 sell ratings
Ratings as of
4/6/2022
  • 0 strong buy ratings
  • 4 buy ratings
  • 0 hold ratings
  • 0 sell ratings
Ratings as of
7/5/2022
  • 0 strong buy ratings
  • 4 buy ratings
  • 0 hold ratings
  • 0 sell ratings
Ratings as of
10/3/2022
  • 0 strong buy ratings
  • 4 buy ratings
  • 0 hold ratings
  • 0 sell ratings
Ratings as of
1/1/2023
  • 0 strong buy ratings
  • 4 buy ratings
  • 0 hold ratings
  • 0 sell ratings
Ratings as of
4/1/2023
  • 0 strong buy ratings
  • 4 buy ratings
  • 0 hold ratings
  • 0 sell ratings
Ratings as of
6/30/2023
  • 0 strong buy ratings
  • 4 buy ratings
  • 0 hold ratings
  • 0 sell ratings
Ratings as of
8/29/2023
  • 0 strong buy ratings
  • 4 buy ratings
  • 0 hold ratings
  • 0 sell ratings
Ratings as of
9/28/2023

Latest Recommendations

  • 0 strong buy ratings
  • 4 buy ratings
  • 0 hold ratings
  • 0 sell ratings

Display Ratings By
DateBrokerageActionRatingPrice TargetImpact on Share PriceDetails
8/8/2023TD CowenInitiated CoverageOutperformLow
8/8/2023Piper SandlerInitiated CoverageOverweight$67.00Low
8/8/2023The Goldman Sachs GroupInitiated CoverageBuy$33.00Low
8/8/2023JMP SecuritiesInitiated CoverageOutperform$30.00Low
(Data available from 9/28/2018 forward)

News Sentiment Rating

0.66 (Buy)

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
  • 0 very positive mentions
  • 0 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
3/2/2023
  • 0 very positive mentions
  • 0 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
4/1/2023
  • 0 very positive mentions
  • 0 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
5/1/2023
  • 0 very positive mentions
  • 0 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
5/31/2023
  • 0 very positive mentions
  • 0 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
6/30/2023
  • 0 very positive mentions
  • 0 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
7/30/2023
  • 4 very positive mentions
  • 1 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
8/29/2023
  • 1 very positive mentions
  • 2 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
9/28/2023

Current Sentiment

  • 1 very positive mentions
  • 2 positive mentions
  • 0 negative mentions
  • 0 very negative mentions

Recent Stories by Sentiment

Very Negative

  • No very negative mentions tracked during this time.

Negative

  • No negative mentions tracked during this time.

Positive

Very Positive

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 lipid metabolism pathways. Its lead drug candidate is Denifanstat, a FASN inhibitor for the treatment of nonalcoholic steatohepatitis and acne. The company is also developing TVB-3567, a FASN inhibitor for the treatment of various types of cancers. 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.
Read More

Today's Range

Now: $8.85
Low: $8.50
High: $9.39

50 Day Range

MA: $13.25
Low: $9.15
High: $16.28

52 Week Range

Now: $8.85
Low: $8.41
High: $18.33

Volume

47,991 shs

Average Volume

134,822 shs

Market Capitalization

$188.95 million

P/E Ratio

N/A

Dividend Yield

N/A

Beta

N/A

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: JMP Securities, Piper Sandler, TD Cowen, and The Goldman Sachs Group, Inc..
View the latest analyst ratings for SGMT.

What is the current price target for Sagimet Biosciences?

3 Wall Street analysts have set twelve-month price targets for Sagimet Biosciences in the last year. Their average twelve-month price target is $43.33, suggesting a possible upside of 389.6%. Piper Sandler has the highest price target set, predicting SGMT will reach $67.00 in the next twelve months. JMP Securities has the lowest price target set, forecasting a price of $30.00 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 4 buy ratings from Wall Street analysts. The stock has a consensus analyst rating of "Buy." A "buy" rating indicates that analysts believe SGMT will outperform the market and that investors should add to their positions of Sagimet Biosciences.
View the latest ratings for SGMT.

What other companies compete with Sagimet Biosciences?

Other companies that are similar to Sagimet Biosciences include Inventiva, Atai Life Sciences, Akebia Therapeutics, Gracell Biotechnologies and Y-mAbs 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.