SGMT

Sagimet Biosciences Inc. Series A Common Stock (SGMT)

Stock · NASDAQ · Health Care

$8.03as of 10/16/2026

AI Market Commentary

AI-generatedAll commentary →

Synthesized from recent news and fundamentals/technical data -- not human analyst commentary or trader sentiment.

September 25, 2026

Goldman Sachs reinstates Sell rating on SGMT with $7 target. Goldman Sachs has reinstated a Sell rating on Sagimet Biosciences, setting a price target of $7. This move stands in contrast to the average analyst target of $29.60, highlighting a significant divergence in expert opinions. The stock is currently trading near its 52-week low of $4.50, reflecting the bearish sentiment associated with the new rating.

Active signals

Support level
$6.95
Industry
Biotechnology: Pharmaceutical Preparations

What SGMT's price did in the 20 trading sessions after each past signal, compared with any 20-session window over the same period.

SignalTimesMedian 20-session returnHigher after 20 sessions
Volume Spike20+2.2%50%
Bollinger Band Breakdown11+4.9%64%
Bollinger Band Breakout12-3.6%42%
200-Day Moving Average TouchActive now6-8.1%17%
Any 20-session window (baseline)-0.4%48%

Computed by MarketWall from daily closing prices since April 29, 2024. Returns are close-to-close and don't include dividends. Past results describe what happened before; they are not a forecast and not investment advice.

About SGMT

Sagimet Biosciences Inc., a clinical-stage biopharmaceutical company, develops novel therapeutics called fatty acid synthase (FASN) inhibitors for the treatment of diseases that result from dysfunctional metabolic and fibrotic pathways in the United States. The company's lead drug candidate is Denifanstat, an oral, once-daily pill and selective FASN inhibitor for the treatment of metabolic dysfunction-associated stea…

Sector
Health Care
Industry
Biotechnology: Pharmaceutical Preparations
Employees
16

Fundamentals

1-day range
$7.94$8.25
Market cap
$539.71M
P/E (trailing)
—
P/E (forward)
-6.17
EPS (trailing)
$-1.28
Dividend yield
—
Beta
3.54
Avg. volume
1.27M
52-week range
$4.5$11.45
Next earnings: November 12, 2026 · EPS estimate $-0.26Before Openconfirmed

Forecasts

11 analyst ratings

Buy 89%
Hold 11%
Sell 0%
1-year price forecast
High
$56
+597.4%
Median
$27
+236.2%
Low
$7
-12.8%

Sagimet Biosciences Inc. Series A Common Stock Competitors

Chosen by industry and closest market cap.

  • SGMT
    Sagimet Biosciences Inc. Series A Common Stock
    $8.02
    ▼ 1.84%
    Market cap $539.71MP/E —
    $4.5$11.45
  • SLN
    Silence Therapeutics Plc American Depository Share
    $8.68
    ▼ 7.17%
    Market cap $548.50MP/E —
    $1.06$5.99
  • STTK
    Shattuck Labs Inc. Common Stock
    $5.42
    ▼ 1.99%
    Market cap $549.03MP/E —
    $1.7$8.33
  • SPRY
    ARS Pharmaceuticals Inc. Common Stock
    $4.02
    ▼ 1.23%
    Market cap $551.13MP/E —
    $3.89$13.15
  • VSTM
    Verastem Inc. Common Stock
    $8.65
    ▼ 6.28%
    Market cap $519.33MP/E —
    $3.43$10.82
  • RLMD
    Relmada Therapeutics Inc. Common Stock
    $3.1
    ▼ 3.13%
    Market cap $563.26MP/E —
    $1.8$8
  • ARVN
    Arvinas Inc. Common Stock
    $6.97
    ▼ 2.65%
    Market cap $567.55MP/E 50.48
    $6.74$14.51

P/E shows — for peers not currently carrying a live signal of their own.

Latest news

Insider Activity

Insider Actions →
Acquired
608.6K
Disposed
464.6K

Institutional Ownership

March 31, 2026

Total shares held
13.59M
Total value held
$69.85M
Institutional holders
84
Top holders this quarter
  • Unknown1.10M
  • Unknown1.00M
  • Unknown966.3K
  • Unknown953.0K
  • Unknown868.0K
  • Unknown862.3K
  • Unknown799.9K
  • Unknown724.8K
  • Unknown625.5K
  • Unknown411.6K

See the full, filterable feed with live charts on the MarketWall dashboard.

We use analytics to understand how market-wall is used. No personal data is sold.