Sagimet Biosciences Inc. (SGMT)
NASDAQ: SGMT · IEX Real-Time Price · USD
6.70
+0.08 (1.21%)
Feb 26, 2024, 11:31 AM EST - Market open

Sagimet Biosciences Stock Forecast

Stock Price Forecast

The 3 analysts with 12-month price forecasts for Sagimet Biosciences stock have an average target of 50, with a low estimate of 37 and a high estimate of 67. The average target predicts an increase of 646.27% from the current stock price of 6.70.

Analyst Consensus: Strong Buy
Target Low Average Median High
Price $37 $50 $46 $67
Change +452.24% +646.27% +586.57% +900.00%

Analyst Ratings

The average analyst rating for SGMT stock from 4 stock analysts is "Strong Buy". This means that analysts believe this stock is likely to perform very well in the near future and significantly outperform the market.

Recommendation Trends

Rating Sep '23Oct '23Nov '23Dec '23Jan '24Feb '24
Strong Buy 111111
Buy 333333
Hold 000000
Sell 000000
Strong Sell 000000
Total 444444

Latest Forecasts

Analyst Firm Rating Rating Action Price Target Upside Date
JMP Securities
JMP Securities
Buy
Maintains
$47$46
Buy Maintains $47$46 +586.57% Feb 7, 2024
Goldman Sachs
Goldman Sachs
Strong Buy
Maintains
$30$37
Strong Buy Maintains $30$37 +452.24% Jan 23, 2024
JMP Securities
JMP Securities
Buy
Maintains
$31$47
Buy Maintains $31$47 +601.49% Jan 23, 2024
JMP Securities
JMP Securities
Buy
Maintains
$31$47
Buy Maintains $31$47 +601.49% Jan 22, 2024
JMP Securities
JMP Securities
Buy
Reiterates
$31
Buy Reiterates $31 +362.69% Dec 5, 2023
More Analyst Ratings

Financial Forecast

Revenue This Year
2.04M
Revenue Next Year
n/a
from 2.04M
EPS This Year
-20.22
from -2.08
EPS Next Year
-2.18
from -20.22
Year 20212022202320242025202620272028
Revenue
--2.04M----134.83M
Revenue Growth
--------
EPS
-2.51-2.08-20.22-2.18-4.31-3.14-3.17-2.30
EPS Growth
--------
No. Analysts --666333
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 202320242025202620272028
High 2.1M n/a n/a n/a n/a 226.3M
Avg 2.0M n/a n/a n/a n/a 134.8M
Low 2.0M n/a n/a n/a n/a 47.9M

Revenue Growth

Revenue Growth 202320242025202620272028
High - - - - - -
Avg - - - - - -
Low - - - - - -

EPS Forecast

EPS 202320242025202620272028
High -1.64 -1.01 -2.92 -3.23 -3.27 -2.36
Avg -20.22 -2.18 -4.31 -3.14 -3.17 -2.30
Low -36.56 -3.12 -5.28 -3.02 -3.05 -2.21

EPS Growth

EPS Growth 202320242025202620272028
High - - - - - -
Avg - - - - - -
Low - - - - - -
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.