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Sagimet Biosciences

SGMTNASDAQ
Logo brought to you by Benzinga Data
$4.68
0.163.54%
Pre-Market: 6:44 PM EDT
Consensus Rating1
Buy
Highest Price Target1
$67.00
Lowest Price Target1
$6.00
Consensus Price Target1
$29.17

Sagimet Biosciences (NASDAQ:SGMT) Stock, Analyst Ratings, Price Targets, Forecasts

Sagimet Biosciences Inc has a consensus price target of $29.17 based on the ratings of 7 analysts. The high is $67 issued by Piper Sandler on August 8, 2023. The low is $6 issued by Goldman Sachs on July 1, 2024. The 3 most-recent analyst ratings were released by HC Wainwright & Co., UBS, and HC Wainwright & Co. on November 15, 2024, November 12, 2024, and October 31, 2024, respectively. With an average price target of $25.33 between HC Wainwright & Co., UBS, and HC Wainwright & Co., there's an implied 441.31% upside for Sagimet Biosciences Inc from these most-recent analyst ratings.

Analyst Trends and Forecast
1
Jul
1
Aug
2
Oct
2
Nov
Buy
Hold
Sell
Strong Sell
Analyst Rating and Forecast
12345
4.2
Buy
Strong Buy
Buy
Hold
Sell
Strong Sell

Analyst Firms Making Recommendations1

HC Wainwright & Co.
UBS
JMP Securities
Goldman Sachs
Leerink Partners

1calculated from analyst ratings

Analyst Ratings for Sagimet Biosciences

Data brought to you by Benzinga APIs

FAQ

Q

What is the target price for Sagimet Biosciences (SGMT) stock?

A

The latest price target for Sagimet Biosciences (NASDAQ:SGMT) was reported by HC Wainwright & Co. on November 15, 2024. The analyst firm set a price target for $32.00 expecting SGMT to rise to within 12 months (a possible 583.76% upside). 22 analyst firms have reported ratings in the last year.

Q

What is the most recent analyst rating for Sagimet Biosciences (SGMT)?

A

The latest analyst rating for Sagimet Biosciences (NASDAQ:SGMT) was provided by HC Wainwright & Co., and Sagimet Biosciences reiterated their buy rating.

Q

When was the last upgrade for Sagimet Biosciences (SGMT)?

A

There is no last upgrade for Sagimet Biosciences

Q

When was the last downgrade for Sagimet Biosciences (SGMT)?

A

There is no last downgrade for Sagimet Biosciences.

Q

When is the next analyst rating going to be posted or updated for Sagimet Biosciences (SGMT)?

A

Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Sagimet Biosciences, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for Sagimet Biosciences was filed on November 15, 2024 so you should expect the next rating to be made available sometime around November 15, 2025.

Q

Is the Analyst Rating Sagimet Biosciences (SGMT) correct?

A

While ratings are subjective and will change, the latest Sagimet Biosciences (SGMT) rating was a reiterated with a price target of $32.00 to $32.00. The current price Sagimet Biosciences (SGMT) is trading at is $4.68, which is out of the analyst’s predicted range.

Browse analyst ratings and price targets on all stocks.

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