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SGMT

Sagimet Biosciences Inc.distress 2/10 · well-funded / low risk
$6.98-1%today-32% from 52w high
sagimet.com16 employeesFounded 2006San Mateo, CABiotechnology
Metabolic / Obesity 1
Lead: acne · target THR-β
Revenue
pre-revenue
Liquidity
$105M
Runway
2.6 yrs
Shares 1y
+44%

Price & events

+9.9% over 6M
$4.55$6.65$8.75Jan 26Apr 26Jul 2649.4Mdilution: 424B5 offering (2026-04-28)financing: 8-K material_agreement (2026-04-28)catalyst: PHASE1 denifanstat, resmetirom (2026-06-30) — click to opencatalyst: PHASE1 denifanstat (2026-06-30) — click to opencatalyst: PHASE3 denifanstat (2026-06-01) — click to openrating: Citizens: Market Outperform (2026-05-19)rating: Canaccord Genuity: Buy (2026-05-04)rating: Guggenheim: Buy (2026-04-29)rating: HC Wainwright & Co.: Buy (2026-03-11)rating: Guggenheim: Buy (2026-02-03)rating: HC Wainwright & Co.: Buy (2026-02-03)rating: Barclays: Equal-Weight (2026-01-28)
CatalystRating changeDilutionFinancingdashed = today
-1.0%
1D
-8.8%
1W
-1.1%
1M
+18.9%
3M
+13.7%
6M
-27.2%
1Y
+113.5%
2Y
5Y
-56.2%
All

Overview

Market Cap
$214.11M
Volume
102.99K
52 Week Range
$4.55 – $10.24
Total Shares
30.67M
Float Shares
59.14M
Short %
13.60%
% Held by Insiders
3.50%
% Held by Institutions
21.93%
RVOL
0.08x
Beta
3.38

Pipeline stages · 1 programs

denifanstat
Preclin
Ph1
Ph2
Ph3
Filed
PDUFA
Approved

Pipeline · 2 trials · 0 upcoming

ReadoutPhaseDrugIndicationEnrollStatus
2026-06
Phase 3denifanstatbreakthroughMASLD, MASH, NASH, Metabolic Dysfunction-Associated Steatotic Liver Disease, Metabolic Dysfunction-Associated Steatohepatitis, Nonalcoholic Steatohepatitis, Nonalcoholic Fatty Liver0withdrawn
2025-10-20
Phase 1Denifanstat, ResmetirombreakthroughHealthy40completed

Catalyst news & presentations · 16

Approved drugs (0)

  • none — clinical-stage

Capital structure — dilution & financing

Shares out: 30,674,855 · 2 offerings/1y · 0 PIPEs
  • 2026-04-288-Kmaterial_agreement
  • 2026-04-28424B5offering
  • 2025-08-148-Kmaterial_agreement
  • 2025-08-14424B5offering
  • 2024-11-14SC 13G/Astrategic_stake
  • 2024-11-14SC 13G/Astrategic_stake
  • 2024-11-14SC 13Gstrategic_stake
🔒 Positioning — Pro
Short interest / days-to-cover, insider buys & sells.
Upgrade to Pro
🔒 Top holders — Pro
Institutional ownership + quarter-over-quarter accumulation/trimming.
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Wall St ratings

strong buy · target $26 (+275% upside) · 10 analysts
  • 2026-05-19CitizensMarket Outperform
  • 2026-05-04Canaccord GenuityBuy
  • 2026-04-29GuggenheimBuy
  • 2026-03-11HC Wainwright & Co.Buy
  • 2026-02-03GuggenheimBuy
  • 2026-02-03HC Wainwright & Co.Buy

Competitors — THR-β

  • none identified

Not financial advice. Data: ClinicalTrials.gov, SEC EDGAR, FINRA, Nasdaq, Yahoo.