
SGMT Stock Forecast & Price Target
SGMT Analyst Ratings
Bulls say
Sagimet Biosciences Inc. has demonstrated promising clinical results for its lead drug candidate, denifanstat, which has shown anti-fibrotic effects particularly in F3 patients, indicating potential for improved liver outcomes in nonalcoholic steatohepatitis (NASH). The company has also received clearance for its IND application of TVB-3567, another FASN inhibitor targeting acne, which builds on favorable data from prior trials and further validates Sagimet's approach to lipid metabolism-related diseases. Additionally, positive shifts in lipid profiles, such as decreased LDL-C and increased polyunsaturated triglycerides, suggest that denifanstat can significantly enhance cardiovascular health in patients, reinforcing a strong outlook for the company’s financial performance as its developmental portfolio expands.
Bears say
Sagimet Biosciences reported a significant net loss of $16.2 million for Q4 2024, translating to a loss of $0.50 per share, which raises concerns about the company's financial stability. The use of a 13.5% discount rate in the valuation model underscores the perceived risks associated with the company's prospects, particularly the uncertainty surrounding the Phase 3 trial data for denifanstat in treating nonalcoholic steatohepatitis (NASH) and the potential regulatory hurdles in the U.S. Additionally, various identified risks, including market competition, funding challenges, and intellectual property issues, suggest that there could be limited commercial viability and potential delays in development timelines that further exacerbate the negative outlook.
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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