Sagimet Biosciences Inc. Series A Common Stock (SGMT) Stock Forecast & Price Target
Sagimet Biosciences Inc. Series A Common Stock · NASDAQ
$7.45+0.38 (+5.37%)
15-min delayed · Jul 27, 3:45 PM ET · Get real-time quotes →
The Quantellect read.Of the 7 firms covering Sagimet Biosciences Inc. Series A Common Stock, 6 rate it Buy or better, 1 sit at Hold, and 0 rate it Sell or worse, a moderate buy consensus. The target range is very wide, $8.00 to $49.00 (about 6.1x), which points to deep disagreement over how to value the company rather than near-term timing. The average target of $25.71 sits 245% above the current $7.45. The rating mix has stayed broadly stable, with Buy-side ratings easing from 7 to 6 over recent months. On the fundamentals, the Street sees consensus EPS building from about $-0.26 next quarter toward $-1.31 the year after.Descriptive synthesis of third-party analyst data, not a Quantellect rating or recommendation.
ANALYST CONSENSUS7 ratings
Moderate Buy
Strong Buy00%
Buy686%
Hold114%
Sell00%
Strong Sell00%
Based on 7 analysts giving stock ratings to Sagimet Biosciences Inc. Series A Common Stock.
As of Jul, 6 of 7 firms rate SGMT a Buy (1 Hold, 0 Sell), the standing distribution of every covering firm's most recent active call.
SGMT EPS & revenue forecast
EPS · NEXT QUARTER
$-0.26
Range $-0.42 – $-0.19 · 9 analysts · -35% YoY
Next period, 9 analysts expect Sagimet Biosciences Inc. Series A Common Stock to earn $-0.26 a share (range $-0.42 – $-0.19), versus $-0.40 a year earlier. Full-year consensus is $-1.22, growing to $-1.31 the year after.
REVENUE · NEXT QUARTER
$0
Range $0 – $0 · 9 analysts
Revenue is expected to reach $0 (range $0 – $0). Full-year consensus is $0, rising to $7.8M next year.
Top analysts covering Sagimet Biosciences Inc. Series A Common Stock
Ranked by each analyst's overall Quantellect track record across all the stocks they cover, shown with their current call on SGMT.
#1
Jonathan Wolleben
JMP Securities · Rank #38
Buy
$32.00+329.5% to target
Overall win rate
44%
+ Follow
#2
Ed Arce
HC Wainwright & Co. · Rank #107
Buy
$32.00+329.5% to target
Overall win rate
44%
+ Follow
#3
Yasmeen Rahimi
Piper Sandler · Rank #152
Buy
$67.00+799.3% to target
Overall win rate
34%
+ Follow
#4
Jay Olson
Oppenheimer · Rank #302
Buy
$33.00+343.0% to target
Overall win rate
32%
+ Follow
#5
EN
Edward Nash
Canaccord Genuity
Buy
$49.00+557.7% to target
Coverage
—
+ Follow
SGMT stock forecast FAQ
What is SGMT's average 12-month price target?+
The 7 analysts with a live target average $25.71 for Sagimet Biosciences Inc. Series A Common Stock over the next 12 months, ranging from a $49.00 high to a $8.00 low.
Is SGMT stock a Buy, Sell or Hold right now?+
The current consensus is Moderate Buy. Of the 7 analyst ratings, 6 are Buy or Strong Buy, 1 are Hold, and 0 are Sell or Strong Sell.
What are the highest and lowest price targets for SGMT?+
The Street-high target is $49.00 (Canaccord Genuity), and the Street-low is $8.00 (Barclays). The average of all 7 active targets is $25.71.
How many Wall Street analysts cover SGMT?+
7 analysts have an active rating on Sagimet Biosciences Inc. Series A Common Stock, and 7 firms carry a live 12-month price target.
Who is the most accurate analyst covering SGMT?+
Among analysts who currently cover SGMT, Jonathan Wolleben of JMP Securities has the strongest overall Quantellect track record (Rank #38). Their current call is Buy with a $32.00 target.
What is Sagimet Biosciences Inc. Series A Common Stock's projected EPS for next quarter?+
The consensus estimate is $-0.26 per share (range $-0.42 – $-0.19) across 9 analysts. Full-year EPS is projected at $-1.22, rising to $-1.31 the following year.
How much revenue is Sagimet Biosciences Inc. Series A Common Stock expected to report next quarter?+
Consensus revenue is $0 (range $0 – $0). Full-year revenue is projected at $0, growing to $7.8M next year.
Have analysts been upgrading or downgrading SGMT lately?+
As of Jul, 6 of 7 firms rate SGMT a Buy (1 Hold, 0 Sell), the standing distribution of every covering firm's most recent active call.
How are the analysts on this page ranked?+
By each analyst's overall Quantellect track record — a sample-adjusted measure of how accurate their calls have been across every stock they cover. We do not rank on their SGMT calls alone, since a single stock is too small a sample to be reliable.
Which data on this page is live, and how often does it update?+
Price and daily change are 15-minute delayed market data. Analyst ratings, targets, consensus and earnings estimates are aggregated from multiple data providers and refresh daily.
Disclaimer: Ratings, price targets, consensus and earnings estimates on this page describe third-party analyst research aggregated from multiple data providers and refreshed daily; price and daily change are 15-minute delayed. These are historical opinions, not recommendations, and nothing on this page, including The Quantellect read, is a rating, a price target, or investment advice from Quantellect. Always do your own research and consult a licensed financial advisor before making investment decisions.