LIVE

SEPN

Septerna Inc

SEPN

NASDAQ·Healthcare·Biotechnology·Mkt cap $1.6B

$34.00

-1.76%

View full research view

Our plain-language verdict, the thesis, risk factors, and what is changing about the business.

View research view

52-Week Range

$10.62 - $37.99

P/E

-41.98

Fwd P/E

-28.18

Beta

2.38

Div Yield

0.00%

Avg Vol

378.0K

Shares Out

44.9M

Mkt Cap

$1.6B

Price action

Price chart

Up 203.6% over the trailing year

1W
1M
3M
6M
YTD
1Y
5Y
MAX

Total returns

Price performance

Total return across standard periods - splits & dividends adjusted by FMP. Periods longer than 1Y show annualized in the tooltip.

Why we rate it this way

The thesis at a glance

Bull and bear case · plain-English context across the five lenses we evaluate.

Bull Case

4 reasons

  • Proprietary GPCR drug discovery and development platform enabling oral small molecule candidates for traditionally difficult targets
  • Experienced management team with deep expertise in GPCR biology and clinical development
  • First-mover advantage in oral formulations for specific GPCR indications with limited treatment options
  • Diversified pipeline across high-value therapeutic areas with significant market opportunities

Bear Case

2 risks

  • High volatility (beta 2.4). Larger-than-normal price swings expected.
  • Growth premium of 0.0x vs Biotech & Therapeutics peers. Reasonable for this growth rate.

Growth

Stable outlook

Clinical trial progression of SEP-786, SEP-631, and TSHR programs toward potential regulatory approvals

Value

Growth premium of 0.0x vs Biotech & Therapeutics peers. Reasonable for this growth rate.

Momentum

Hot

+37.5% over 3m

Quality

Excellent

High-growth business (500% revenue growth, 99% gross margin). Pre-profit but investing in growth.

Dividend

None

No dividend

Earnings track record

Latest print - beat on both lines

AI-summarized recap of last quarter, plus the surprise on every print.

Next: May 21, 2026

Q2 26 RECAP

MAY 12, 2026

Reported EPS of -$0.19 vs -$0.42 consensus (+54.4% surprise). Revenue of $26.5M vs $17.0M expected (+56.3%). Beat on both top and bottom lines.

EPS beat +54.4%
Rev beat +56.3%
Double beat

EPS surprise · last 4Q

1 of 1 beats

Q2 26

+54.4%

Next: May 21, 2026

Revenue trend · last 8Q

+80%

-31%

-68%

+12113%

+11276%

+12011%

Q2 24

Q3 24

Q4 24

Q1 25

Q2 25

Q3 25

Q4 25

Q1 26

$370.0K

$176.0K

$212.0K

$219.0K

$119.0K

$21.5M

$24.1M

$26.5M

Margins · last 8Q

Gross

Operating

Profit

-32.6%

Wall Street consensus

6 analysts · 100% Buy

Live ratings and price targets aggregated across covering analysts.

Buy

6

100%

Hold

0%

Sell

0%

Median Price Target

Latest: Guggenheim · Jul 1, 2026

vs Industry

How SEPN stacks vs Biotechnology

Stock metrics vs industry averages. Green = better than industry.

Industry comparison data unavailable for this stock.