We're Hopeful That Sagimet Biosciences (NASDAQ:SGMT) Will Use Its Cash Wisely [Yahoo! Finance]
Sagimet Biosciences Inc. - Series A (SGMT)
Company Research
Source: Yahoo! Finance
after listing, if you had bought and held the shares since 1999, you would have made a fortune. But while history lauds those rare successes, those that fail are often forgotten; who remembers Pets.com? Given this risk, we thought we'd take a look at whether Sagimet Biosciences NASDAQ:SGMT ) shareholders should be worried about its cash burn. In this report, we will consider the company's annual negative free cash flow, henceforth referring to it as the 'cash burn'. Let's start with an examination of the business' cash, relative to its cash burn. Trump has pledged to "unleash" American oil and gas and these 15 US stocks have developments that are poised to benefit. A cash runway is defined as the length of time it would take a company to run out of money if it kept spending at its current rate of cash burn. When Sagimet Biosciences last reported its September 2025 balance sheet in November 2025, it had zero debt and cash worth US$117m. Looking at the last year, the company burnt
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SGMT
News
- Sagimet Biosciences Announces Participation in Two Upcoming Investor ConferencesGlobeNewswire
- Sagimet Biosciences (NASDAQ:SGMT) had its "buy" rating reaffirmed by analysts at HC Wainwright. They now have a $29.00 price target on the stock.MarketBeat
- Sagimet Biosciences (NASDAQ:SGMT) is now covered by analysts at Guggenheim. They set a "buy" rating and a $27.00 price target on the stock.MarketBeat
- Sagimet Announces Positive 52-Week Data from License Partner Ascletis’ Open-Label Phase 3 Clinical Trial Evaluating the Long-Term Safety of ASC40 (Denifanstat) Tablets in Patients with Moderate to Severe AcneGlobeNewswire
- Sagimet's Denifanstat: China Phase III Safety Data Isn't A Negative Signal [Seeking Alpha]Seeking Alpha
SGMT
Earnings
- 11/13/25 - Beat
SGMT
Sec Filings
- 2/2/26 - Form 8-K
- 12/18/25 - Form SCHEDULE
- 12/18/25 - Form 8-K
- SGMT's page on the SEC website