image
Healthcare - Biotechnology - NASDAQ - US
$ 9.23
-0.966 %
$ 1.35 B
Market Cap
-2.63
P/E
1. INTRINSIC VALUE

This DCF valuation model was last updated on Mar, 2, 2025.

The intrinsic value of one ETNB stock under the worst case scenario is HIDDEN Compared to the current market price of 9.23 USD, 89bio, Inc. is HIDDEN

This DCF valuation model was last updated on Mar, 2, 2025.

The intrinsic value of one ETNB stock under the base case scenario is HIDDEN Compared to the current market price of 9.23 USD, 89bio, Inc. is HIDDEN

This DCF valuation model was last updated on Mar, 2, 2025.

The intrinsic value of one ETNB stock under the best case scenario is HIDDEN Compared to the current market price of 9.23 USD, 89bio, Inc. is HIDDEN

2. FUNDAMENTAL ANALYSIS
FINANCIALS
0 REVENUE
0.00%
-151 M OPERATING INCOME
-147.88%
-142 M NET INCOME
-39.37%
-129 M OPERATING CASH FLOW
-59.31%
-123 M INVESTING CASH FLOW
-262.43%
513 M FINANCING CASH FLOW
335.46%
0 REVENUE
0.00%
-152 M OPERATING INCOME
-184.34%
-149 M NET INCOME
-210.76%
-145 M OPERATING CASH FLOW
-137.65%
-8.64 M INVESTING CASH FLOW
-31.02%
33.2 M FINANCING CASH FLOW
18.71%
Balance Sheet 89bio, Inc.
image
Current Assets 594 M
Cash & Short-Term Investments 579 M
Receivables 0
Other Current Assets 14.7 M
Non-Current Assets 2.74 M
Long-Term Investments 0
PP&E 2.34 M
Other Non-Current Assets 396 K
Current Liabilities 29.6 M
Accounts Payable 8.58 M
Short-Term Debt 496 K
Other Current Liabilities 20.5 M
Non-Current Liabilities 30.4 M
Long-Term Debt 26.6 M
Other Non-Current Liabilities 3.74 M
EFFICIENCY
Earnings Waterfall 89bio, Inc.
image
Revenue 0
Cost Of Revenue 273 K
Gross Profit -273 K
Operating Expenses 151 M
Operating Income -151 M
Other Expenses -9.02 M
Net Income -142 M
RATIOS
0.00% GROSS MARGIN
0.00%
0.00% OPERATING MARGIN
0.00%
0.00% NET MARGIN
0.00%
-26.51% ROE
-26.51%
-23.85% ROA
-23.85%
-27.41% ROIC
-27.41%
FREE CASH FLOW ANALYSIS
Free Cash Flow Analysis 89bio, Inc.
image
Net Income -142 M
Depreciation & Amortization 50 K
Capital Expenditures -4 K
Stock-Based Compensation 16.1 M
Change in Working Capital 657 K
Others 637 K
Free Cash Flow -129 M
3. WALL STREET ANALYSTS ESTIMATES
Wall Street Analysts Price Targets 89bio, Inc.
image
Wall Street analysts predict an average 1-year price target for ETNB of $22 , with forecasts ranging from a low of $12 to a high of $29 .
ETNB Lowest Price Target Wall Street Target
12 USD 30.01%
ETNB Average Price Target Wall Street Target
22 USD 138.35%
ETNB Highest Price Target Wall Street Target
29 USD 214.19%
4. DIVIDEND ANALYSIS
5. COMPETITION
6. Ownership
Insider Ownership 89bio, Inc.
image
Sold
0-3 MONTHS
71.1 K USD 1
3-6 MONTHS
227 K USD 1
6-9 MONTHS
0 USD 0
9-12 MONTHS
623 K USD 1
Bought
50.2 M USD 3
0-3 MONTHS
86.8 K USD 2
3-6 MONTHS
0 USD 0
6-9 MONTHS
20.7 M USD 1
9-12 MONTHS
Date Value Insider Amount Avg Price
1 month ago
Jan 30, 2025
Bought 50 M USD
RA CAPITAL MANAGEMENT, L.P.
director, 10 percent owner:
+ 5714285
8.75 USD
1 month ago
Jan 22, 2025
Bought 67.1 K USD
McWherter Charles
Director
+ 10000
6.71 USD
1 month ago
Jan 21, 2025
Bought 32.8 K USD
McWherter Charles
Director
+ 5000
6.55 USD
1 month ago
Jan 15, 2025
Sell 71.1 K USD
Le-Nguyen Quoc
See Remarks
- 10963
6.49 USD
2 months ago
Dec 06, 2024
Bought 39.4 K USD
PALEKAR ROHAN
Chief Executive Officer
+ 5000
7.89 USD
2 months ago
Dec 05, 2024
Bought 80 K USD
McWherter Charles
Director
+ 10000
8 USD
3 months ago
Nov 22, 2024
Bought 83.5 K USD
PALEKAR ROHAN
Chief Executive Officer
+ 10000
8.35 USD
3 months ago
Nov 14, 2024
Bought 3.25 K USD
RA CAPITAL MANAGEMENT, L.P.
director, 10 percent owner:
+ 3250000
0.001 USD
4 months ago
Oct 30, 2024
Sell 227 K USD
Le-Nguyen Quoc
See Remarks
- 27955
8.12 USD
11 months ago
Apr 01, 2024
Sell 575 K USD
PALEKAR ROHAN
Chief Executive Officer
- 52718
10.91 USD
11 months ago
Mar 04, 2024
Bought 20.7 M USD
RA CAPITAL MANAGEMENT, L.P.
director, 10 percent owner:
+ 1350000
15.35 USD
1 year ago
Feb 26, 2024
Sell 48.2 K USD
PALEKAR ROHAN
Chief Executive Officer
- 4477
10.76 USD
1 year ago
Dec 29, 2023
Sell 560 K USD
PALEKAR ROHAN
Chief Executive Officer
- 50000
11.2 USD
1 year ago
Dec 11, 2023
Bought 1.08 K USD
RA CAPITAL MANAGEMENT, L.P.
director, 10 percent owner:
+ 1081081
0.001 USD
1 year ago
Jul 17, 2023
Sell 235 K USD
LAPORTE KATHLEEN
Director
- 12500
18.8 USD
1 year ago
Jun 05, 2023
Sell 300 K USD
PALEKAR ROHAN
Chief Executive Officer
- 15000
20 USD
1 year ago
Jun 01, 2023
Sell 112 K USD
Atkinson Edward Morrow III
Director
- 6250
17.91 USD
1 year ago
May 09, 2023
Sell 248 K USD
Le-Nguyen Quoc
See Remarks
- 13683
18.11 USD
1 year ago
Apr 04, 2023
Sell 130 K USD
Martins Ryan
Chief Financial Officer
- 8721
14.95 USD
1 year ago
Mar 24, 2023
Bought 40 M USD
RA CAPITAL MANAGEMENT, L.P.
director, 10 percent owner:
+ 2461538
16.25 USD
2 years ago
Apr 25, 2022
Bought 26.7 K USD
Hayden Michael R
Director
+ 10000
2.67 USD
2 years ago
Apr 07, 2022
Bought 34.8 K USD
Hayden Michael R
Director
+ 10000
3.475 USD
2 years ago
Mar 30, 2022
Bought 22.6 K USD
Hayden Michael R
Director
+ 6250
3.62 USD
1 year ago
Mar 28, 2023
Bought 994 K USD
Hayden Michael R
Director
+ 61538
16.15 USD
1 year ago
Mar 23, 2023
Sell 80.6 K USD
Martins Ryan
Chief Financial Officer
- 5000
16.11 USD
1 year ago
Mar 23, 2023
Sell 240 K USD
PALEKAR ROHAN
Chief Executive Officer
- 15000
16 USD
2 years ago
Mar 01, 2023
Sell 136 K USD
Atkinson Edward Morrow III
Director
- 10000
13.6 USD
2 years ago
Feb 21, 2023
Sell 35.3 K USD
Martins Ryan
Chief Financial Officer
- 2540
13.89 USD
2 years ago
Feb 08, 2023
Sell 21.3 K USD
Martins Ryan
Chief Financial Officer
- 1480
14.41 USD
2 years ago
Feb 03, 2023
Sell 39.3 K USD
Martins Ryan
Chief Financial Officer
- 3000
13.11 USD
2 years ago
Feb 03, 2023
Sell 7.52 K USD
Martins Ryan
Chief Financial Officer
- 592
12.7 USD
2 years ago
Jan 03, 2023
Sell 74.4 K USD
Martins Ryan
Chief Financial Officer
- 5947
12.51 USD
2 years ago
Oct 18, 2022
Bought 8.97 M USD
RA CAPITAL MANAGEMENT, L.P.
Director
+ 1172741
7.65 USD
2 years ago
Jul 01, 2022
Bought 10 M USD
Shah Rajeev M.
director:
+ 2816900
3.55 USD
2 years ago
Jul 01, 2022
Bought 10 M USD
RA CAPITAL MANAGEMENT, L.P.
director, 10 percent owner:
+ 2816900
3.55 USD
2 years ago
Jul 01, 2022
Bought 15 M USD
RA CAPITAL MANAGEMENT, L.P.
director, 10 percent owner:
+ 2816900
5.325 USD
3 years ago
Feb 01, 2022
Sell 39.9 K USD
Waisbourd Ram
See Remarks
- 7000
5.7 USD
3 years ago
Jan 28, 2022
Bought 15.4 K USD
PALEKAR ROHAN
Chief Executive Officer
+ 2500
6.14 USD
3 years ago
Jan 27, 2022
Bought 37.5 K USD
PALEKAR ROHAN
Chief Executive Officer
+ 5000
7.5 USD
3 years ago
Jan 25, 2022
Sell 206 K USD
ORBIMED ADVISORS LLC
10 percent owner
- 24545
8.4 USD
3 years ago
Jan 25, 2022
Sell 206 K USD
ORBIMED ADVISORS LLC
10 percent owner
- 24546
8.4 USD
3 years ago
Jan 26, 2022
Sell 90 K USD
ORBIMED ADVISORS LLC
10 percent owner
- 10740
8.38 USD
3 years ago
Jan 26, 2022
Sell 90 K USD
ORBIMED ADVISORS LLC
10 percent owner
- 10742
8.38 USD
3 years ago
Dec 16, 2021
Sell 80.4 K USD
Waisbourd Ram
See Remarks
- 7000
11.48 USD
3 years ago
Nov 16, 2021
Sell 115 K USD
Waisbourd Ram
See Remarks
- 7000
16.49 USD
3 years ago
Oct 18, 2021
Sell 122 K USD
Waisbourd Ram
See Remarks
- 7000
17.49 USD
3 years ago
Sep 16, 2021
Sell 136 K USD
Waisbourd Ram
See Remarks
- 7000
19.46 USD
3 years ago
Aug 16, 2021
Sell 128 K USD
Waisbourd Ram
See Remarks
- 7000
18.28 USD
3 years ago
Jul 16, 2021
Sell 118 K USD
Waisbourd Ram
See Remarks
- 7000
16.8 USD
3 years ago
Jul 08, 2021
Bought 32.5 K USD
PALEKAR ROHAN
Chief Executive Officer
+ 2000
16.25 USD
3 years ago
Jul 07, 2021
Bought 85.4 K USD
PALEKAR ROHAN
Chief Executive Officer
+ 5000
17.07 USD
3 years ago
Jun 16, 2021
Sell 138 K USD
Waisbourd Ram
See Remarks
- 7000
19.67 USD
3 years ago
Jun 02, 2021
Bought 416 K USD
RA CAPITAL MANAGEMENT, L.P.
director, 10 percent owner:
+ 22138
18.77 USD
3 years ago
May 28, 2021
Bought 2.32 M USD
RA CAPITAL MANAGEMENT, L.P.
director, 10 percent owner:
+ 123505
18.77 USD
3 years ago
May 27, 2021
Bought 667 K USD
RA CAPITAL MANAGEMENT, L.P.
director, 10 percent owner:
+ 35535
18.76 USD
3 years ago
May 26, 2021
Bought 872 K USD
RA CAPITAL MANAGEMENT, L.P.
director, 10 percent owner:
+ 48377
18.03 USD
3 years ago
May 17, 2021
Sell 151 K USD
Waisbourd Ram
See Remarks
- 7000
21.61 USD
3 years ago
Apr 21, 2021
Sell 23.5 K USD
Grunberg Gregory
Director
- 850
27.6 USD
3 years ago
Apr 19, 2021
Sell 250 K USD
Martins Ryan
Chief Financial Officer
- 10000
25 USD
3 years ago
Apr 16, 2021
Sell 170 K USD
Waisbourd Ram
See Remarks
- 7000
24.22 USD
3 years ago
Mar 16, 2021
Sell 169 K USD
Waisbourd Ram
See Remarks
- 7000
24.2 USD
4 years ago
Feb 16, 2021
Sell 164 K USD
Waisbourd Ram
See Remarks
- 7000
23.39 USD
4 years ago
Jan 19, 2021
Sell 148 K USD
Waisbourd Ram
See Remarks
- 7000
21.16 USD
4 years ago
Dec 16, 2020
Sell 189 K USD
Waisbourd Ram
See Remarks
- 7000
27.04 USD
4 years ago
Nov 16, 2020
Sell 128 K USD
Le-Nguyen Quoc
See Remarks
- 4548
28.11 USD
4 years ago
Nov 16, 2020
Sell 128 K USD
Le-Nguyen Quoc
See Remarks
- 4548
28.11 USD
4 years ago
Nov 16, 2020
Sell 192 K USD
Waisbourd Ram
COO and Chief Business Officer
- 7000
27.39 USD
4 years ago
Sep 21, 2020
Sell 3.85 M USD
ORBIMED ADVISORS LLC
Director
- 137500
28 USD
4 years ago
Sep 21, 2020
Sell 3.85 M USD
ORBIMED ADVISORS LLC
director, 10 percent owner:
- 137500
28 USD
4 years ago
Sep 21, 2020
Sell 3.85 M USD
Naschitz Anat
director, 10 percent owner:
- 137500
28 USD
4 years ago
Sep 17, 2020
Bought 36.4 M USD
RA CAPITAL MANAGEMENT, L.P.
director, 10 percent owner:
+ 1300000
28 USD
4 years ago
Jul 10, 2020
Bought 3 M USD
Longitude Capital Partners III, LLC
10 percent owner
+ 109090
27.5 USD
4 years ago
Jul 10, 2020
Bought 3 M USD
Grunberg Gregory
director, 10 percent owner:
+ 109090
27.5 USD
4 years ago
Jul 08, 2020
Bought 7.56 M USD
RA CAPITAL MANAGEMENT, L.P.
director, 10 percent owner:
+ 275000
27.5 USD
5 years ago
Nov 11, 2019
Bought 4 M USD
Kariv Tomer
director, 10 percent owner:
+ 250000
16 USD
5 years ago
Nov 11, 2019
Bought 6.7 M USD
Naschitz Anat
director, 10 percent owner:
+ 418750
16 USD
5 years ago
Nov 11, 2019
Bought 24 M USD
RA CAPITAL MANAGEMENT, L.P.
director, 10 percent owner:
+ 1500000
16 USD
5 years ago
Nov 11, 2019
Bought 9.2 M USD
Grunberg Gregory
director, 10 percent owner:
+ 575000
16 USD
5 years ago
Nov 11, 2019
Bought 300 K USD
Hayden Michael R
Director
+ 18750
16 USD
5 years ago
Nov 11, 2019
Bought 9.2 M USD
Longitude Capital Partners III, LLC
10 percent owner
+ 575000
16 USD
5 years ago
Nov 11, 2019
Bought 6.7 M USD
ORBIMED ADVISORS LLC
director, 10 percent owner:
+ 418750
16 USD
7. News
Should You Buy 89BIO (ETNB) After Golden Cross? 89BIO (ETNB) is looking like an interesting pick from a technical perspective, as the company reached a key level of support. Recently, ETNB's 50-day simple moving average crossed above its 200-day simple moving average, known as a "golden cross. zacks.com - 1 week ago
Wall Street Analysts See a 171.42% Upside in 89BIO (ETNB): Can the Stock Really Move This High? The average of price targets set by Wall Street analysts indicates a potential upside of 171.4% in 89BIO (ETNB). While the effectiveness of this highly sought-after metric is questionable, the positive trend in earnings estimate revisions might translate into an upside in the stock. zacks.com - 1 week ago
Insider Buying Surges in February, Especially in These 6 Stocks In January, the number of notable insider purchases was somewhat muted. 247wallst.com - 3 weeks ago
89bio Announces Inducement Grants Under Nasdaq Listing Rule 5635(c)(4) SAN FRANCISCO, Feb. 06, 2025 (GLOBE NEWSWIRE) -- 89bio, Inc. (the “Company” or “89bio”) (Nasdaq: ETNB), a clinical-stage biopharmaceutical company focused on the development and commercialization of innovative therapies for the treatment of liver and cardiometabolic diseases, today announced that the Compensation Committee of the Company's Board of Directors approved the grant of non-qualified stock options to purchase an aggregate of 163,650 shares of the Company's common stock to seven new employees (the “Inducement Grants”) on January 31, 2025 (the “Grant Date”). The Inducement Grants have been granted pursuant to the Company's 2023 Inducement Plan (the “Plan”). The Inducement Grants were granted as an inducement material to these individuals entering into employment with 89bio in accordance with Nasdaq Listing Rule 5635(c)(4). globenewswire.com - 3 weeks ago
Wall Street Analysts Think 89BIO (ETNB) Could Surge 219.06%: Read This Before Placing a Bet The average of price targets set by Wall Street analysts indicates a potential upside of 219.1% in 89BIO (ETNB). While the effectiveness of this highly sought-after metric is questionable, the positive trend in earnings estimate revisions might translate into an upside in the stock. zacks.com - 4 weeks ago
89bio's Pegozafermin Is Now Gaining Momentum 89bio's Pegozafermin Is Now Gaining Momentum seekingalpha.com - 1 month ago
89bio, Inc. Announces Pricing of $250.0 Million Public Offering of Common Stock and Pre-Funded Warrants SAN FRANCISCO, Jan. 28, 2025 (GLOBE NEWSWIRE) -- 89bio, Inc. (“89bio”) (Nasdaq: ETNB), a clinical-stage biopharmaceutical company focused on the development and commercialization of innovative therapies for the treatment of liver and cardiometabolic diseases, today announced the pricing of its previously announced upsized underwritten public offering of 21,671,428 shares of its common stock at a public offering price per share of $8.75 and, in lieu of common stock to a certain investor, pre-funded warrants to purchase up to 6,900,000 shares of its common stock at a public offering price of $8.749. The pre-funded warrants have an exercise price of $0.001 per share and are exercisable immediately. In addition, 89bio has granted the underwriters of the offering an option for a period of 30 days to purchase up to an additional 4,285,714 shares of its common stock at the public offering price, less the underwriting discounts and commissions. The gross proceeds of the offering to 89bio, before deducting the underwriting discounts and commissions and other offering expenses payable by 89bio, are expected to be approximately $250.0 million. The offering is expected to close on or about January 30, 2025, subject to the satisfaction of customary closing conditions. globenewswire.com - 1 month ago
Why 89bio Stock Lagged the Market Today 89bio (ETNB 0.11%) couldn't quite keep pace with the broader stock market on Tuesday. Investors were hesitant to buy shares of the clinical-stage biotech, following news that it was floating a new stock issue. fool.com - 1 month ago
89bio, Inc. Announces Proposed Underwritten Public Offering of Common Stock and Pre-Funded Warrants SAN FRANCISCO, Jan. 27, 2025 (GLOBE NEWSWIRE) -- 89bio, Inc. (“89bio”) (Nasdaq: ETNB), a clinical-stage biopharmaceutical company focused on the development and commercialization of innovative therapies for the treatment of liver and cardiometabolic diseases, today announced that it has commenced an underwritten public offering of $250.0 million of shares of its common stock or, in lieu of common stock to certain investors that so choose, pre-funded warrants to purchase shares of its common stock. In addition, 89bio is expected to grant the underwriters of the offering an option for a period of 30 days to purchase up to an additional $37.5 million of shares of its common stock at the public offering price, less the underwriting discounts and commissions. The proposed public offering is subject to market and other conditions, and there can be no assurance as to whether or when the offering may be completed or as to the actual size or terms of the offering. All of the securities to be sold in the offering are being offered by 89bio. globenewswire.com - 1 month ago
89bio: Advancement Of Pegozafermin For SHTG Is Another Path Forward 89bio, Inc. results from the phase 3 ENTRUST study using pegozafermin for the treatment of patients with Severe Hypertriglyceridemia are expected in the 2nd half of 2025. Prior data from the phase 2 ENTRIGUE study indicated that patients treated with all doses of pegozafermin were able to achieve the primary endpoint with statistical significance. The global severe hypertriglyceridemia treatment market is expected to reach $2.67 billion by 2033. seekingalpha.com - 1 month ago
New Strong Sell Stocks for January 7th ETNB, ATUS and ASH have been added to the Zacks Rank #5 (Strong Sell) List on January 7, 2024. zacks.com - 1 month ago
89bio Announces Inducement Grants Under Nasdaq Listing Rule 5635(c)(4) SAN FRANCISCO, Dec. 19, 2024 (GLOBE NEWSWIRE) -- 89bio, Inc. (the “Company” or “89bio”) (Nasdaq: ETNB), a clinical-stage biopharmaceutical company focused on the development and commercialization of innovative therapies for the treatment of liver and cardiometabolic diseases, today announced that the Compensation Committee of the Company's Board of Directors approved the grant of non-qualified stock options to purchase an aggregate of 48,000 shares of the Company's common stock to one new employee (the “Inducement Grant”) on December 13, 2024 (the “Grant Date”). The Inducement Grant has been granted pursuant to the Company's 2023 Inducement Plan (the “Plan”). The Inducement Grant was granted as an inducement material to the individual entering into employment with 89bio in accordance with Nasdaq Listing Rule 5635(c)(4). globenewswire.com - 2 months ago
8. Profile Summary

89bio, Inc. ETNB

image
COUNTRY US
INDUSTRY Biotechnology
MARKET CAP $ 1.35 B
Dividend Yield 0.00%
Description 89bio, Inc., a clinical-stage biopharmaceutical company, focuses on the development and commercialization of therapies for the treatment of liver and cardio-metabolic diseases. Its lead product candidate is pegozafermin, a glycoPEGylated analog of fibroblast growth factor 21 for the treatment of nonalcoholic steatohepatitis. The company also intends to develop pegozafermin for the treatment of severe hypertriglyceridemia. 89bio, Inc. was incorporated in 2018 and is headquartered in San Francisco, California.
Contact 142 Sansome Street, San Francisco, CA, 94104 https://www.89bio.com
IPO Date Nov. 11, 2019
Employees 70
Officers Ms. Annie J. Chang M.B.A. Vice President of Investor Relations & Corporate Communications Ms. Melissa Abel Senior Vice President of Commercial Strategy Ms. Amanda Kurihara Vice President of People & Culture Mr. Francis W. Sarena Chief Operating Officer Dr. Harry Mansbach M.D. Chief Medical Officer Mr. Rohan Palekar Chief Executive Officer & Director Mr. Quoc Le-Nguyen Chief Technical Officer Mr. Ryan Stephen Martins Chief Financial Officer Mr. Shiva K. Natarajan CPA Senior Vice President of Finance & Principal Accounting Officer Mr. Paul Shin Senior Vice President of R&D Operations