
SGMT Stock Forecast & Price Target
SGMT Analyst Ratings
Bulls say
Sagimet Biosciences Inc. is advancing its clinical-stage drug candidate denifanstat, a selective fatty acid synthase (FASN) inhibitor, which has shown significant positive outcomes in improving liver parameters and cardiovascular health in nonalcoholic steatohepatitis (NASH) patients. The company has further bolstered its pipeline by receiving IND clearance for TVB-3567, another FASN inhibitor targeting acne, which is supported by encouraging results from denifanstat studies that indicate its efficacy in altering lipid composition and reducing inflammatory lesions. The successful demonstration of denifanstat's anti-fibrotic effects, particularly in F3 patients, along with key lipid metric improvements, enhances the company’s long-term growth prospects and reflects its strong commitment to addressing diseases linked to lipid metabolism dysfunction.
Bears say
Sagimet Biosciences reported a significant net loss of $16.2 million in the fourth quarter of 2024, translating to a loss of $0.50 per share, indicating financial strain as the company progresses through clinical development. The valuation model employs a 13.5% discount rate, highlighting the multitudes of risks associated with the company's operations, including the potential for disappointing Phase 3 trial results for their drug candidate, denifanstat, and challenges in securing regulatory approval in the U.S. Additionally, uncertainties surrounding the commercial viability of denifanstat, driven by market size, competition, and operational funding difficulties, raise concerns about the company’s future growth prospects and overall financial stability.
This aggregate rating is based on analysts' research of Sagimet Biosciences Inc and is not a guaranteed prediction by Public.com or investment advice.
SGMT Analyst Forecast & Price Prediction
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