$10.40
Closed
$0.79(8.16%)

At close

About

89bio, Inc. is a clinical-stage biopharmaceutical company, which engages in the development and commercialization of innovative therapies for the treatment of liver and cardio-metabolic diseases. The company is headquartered in San Francisco, California and currently employs 93 full-time employees. The company went IPO on 2019-11-11. The firm is focused on the development and commercialization of therapies for the treatment of liver and cardio-metabolic diseases. The Company’s lead product candidate, pegozafermin, a specifically engineered glycoPEGylated analog of fibroblast growth factor 21 (FGF21), is being developed for the treatment of metabolic dysfunction-associated steatohepatitis (MASH). Pegozafermin is engineered to protect against proteolysis and reduce renal clearance and optimize its potency, enabling the potential use of a lower dosage/dose. Pegozafermin has been optimally constructed with two mutations via substitutions with natural amino acids at site-specific positions (173 and 176) toward the C-terminus end of the hormone.
Country

US

CEO

Mr. Rohan Palekar

IPO date

2019

Employees

93

ISIN

US2825591033

Key stats

Open

$11.13

Volume

21.02M

Market cap

$1.40B

Prev. close

$9.61

Impl / hst vl

-

Open interest

$0.00

$0.00

Day’s Range

$0.00

$4.16

52W Range

$11.84

Valuation

27
Valuation score
Overvalued
P/E
-
P/S
-
P/B
1.75
Current ratio
18.03
Debt / Equity
-0.46
ROE
-81.44%
Gross margin
-
Income growth
-39.78%
FCF growth
-40.94

Analysts estimates

Consensus rating
Buy

The average rating from top 17 analysts indicates that stock is expected to perform in line with the market

Str. Sell
Sell
Hold
Buy
Str. Buy
Avg. price target
$30.04
The top 13 analysts forecasts that 12-month price may increase by 188.88%, with a low of $12.12 and a high of $57.75
$12.12
Low
$30.04
Avg
$57.75
High
Current price

Earnings

Q1 ‘25 revenue
$0.00
Q1 ‘25 net income
-$71.28M
Revenue
Net income
Previous EPS
-
Estimate EPS
-$0.53
Actual EPS
Estimate EPS