SEPN Chart
About

Septerna, Inc., a clinical-stage biotechnology company, discovers and develops G protein-coupled receptor (GPCR) oral small molecule products for the treatment of endocrinology, immunology and inflammation, and metabolic diseases. It develops PTH1R Program, oral small molecule Parathyroid Hormone 1 Receptor agonists for the treatment of hypoparathyroidism; SEP-631, an oral small molecule MRGPRX2 negative allosteric modulator (NAM) for chronic spontaneous urticaria and other mast cell diseases; and TSHR Program, an oral small molecule TSHR NAM for graves' disease and thyroid eye disease. In addition, it focuses on other therapeutic areas, including neurology, women's health, cardiovascular disease, and respiratory disease. It has global collaboration and license agreement with Novo Nordisk to discover, develop and commercialize multiple potential oral small molecule therapies for metabolic-related diseases based on certain specified molecular targets. The company was formerly known as GPCR NewCo, Inc. and changed its name to Septerna Inc. in June 2021. Septerna, Inc. was incorporated in 2019 and is headquartered in South San Francisco, California.

Fundamentals
Scroll to Statements
Sector Healthcare Industry Biotechnology Market Cap 1.13B
Enterprise Value 761.48M Income -48.88M Sales 45.95M
Book/sh 8.52 Cash/sh 8.71 Dividend Yield
Payout 0.00% Employees 130 IPO
P/E Forward P/E -13.16 PEG
P/S 24.57 P/B 2.95 P/C
EV/EBITDA -9.62 EV/Sales 16.57 Quick Ratio 4.66
Current Ratio 4.73 Debt/Eq 6.19 LT Debt/Eq
EPS (ttm) -1.10 EPS next Y -1.91 EPS Growth
Revenue Growth 112.76% Earnings 2026-05-07 ROA -9.59%
ROE -12.19% ROIC Gross Margin 100.00%
Oper. Margin -66.44% Profit Margin -106.37% Shs Outstand 44.91M
Shs Float 22.90M Short Float 7.11% Short Ratio 5.75
Short Interest 52W High 32.63 52W Low 4.66
Beta Avg Volume 304.60K Volume 333.75K
Target Price $43.86 Recom Strong_buy Prev Close $25.14
Price $25.14 Change 0.00%
Valuation Models

Price estimates from analyst targets and simple models.

1. Analyst consensus
$43.86
Mean price target
2. Current target
$25.14
Latest analyst target
3. DCF / Fair value
$7.54
Simplified: (Free Cash Flow ÷ Shares) × 18 (P/FCF multiple). Not a …
Ratings
Current target
$25.14
Low
$34.00
High
$60.00
Mean
$43.86

Latest analyst rating changes

Date Action Analyst Rating Change Price Target
2026-03-11 main Truist Securities Buy → Buy $35
2026-03-03 main Wells Fargo Overweight → Overweight $48
2026-03-02 main HC Wainwright & Co. Buy → Buy $40
2026-01-20 main HC Wainwright & Co. Buy → Buy $35
2025-12-23 init Jones Trading — → Buy $43
2025-12-19 init Raymond James — → Strong Buy $38
2025-12-15 init Truist Securities — → Buy $34
2025-11-14 up Wells Fargo Equal-Weight → Overweight $28
2025-11-11 main HC Wainwright & Co. Buy → Buy $30
2025-09-05 reit Cantor Fitzgerald Overweight → Overweight $25
2025-08-21 reit HC Wainwright & Co. Buy → Buy $26
2025-06-23 init HC Wainwright & Co. — → Buy $26
2025-05-16 main Cantor Fitzgerald Overweight → Overweight $25
2025-05-16 main Wells Fargo Equal-Weight → Equal-Weight $18
2025-03-28 main Wells Fargo Equal-Weight → Equal-Weight $11
2025-02-18 down Wells Fargo Overweight → Equal-Weight $14
2025-02-11 reit Cantor Fitzgerald Overweight → Overweight $50
2024-11-19 init Cantor Fitzgerald — → Overweight $50
2024-11-19 init Wells Fargo — → Overweight $43
2024-11-19 init JP Morgan — → Overweight $38
Insider Transactions
Date Shares Value Url Text Insider Position Transaction Start Date Ownership
0 70453 129456.0 Conversion of Exercise of derivative security at price 1.55 - 2.76 per share. SHAIKHLY SAMIRA Officer 2026-03-02 00:00:00 D
1 70453 1979838.0 Sale at price 27.51 - 28.14 per share. SHAIKHLY SAMIRA Officer 2026-03-02 00:00:00 D
2 4000 27240.0 Conversion of Exercise of derivative security at price 6.81 per share. BHATT ELIZABETH President 2026-02-18 00:00:00 D
3 4000 115860.0 Sale at price 28.46 - 29.58 per share. BHATT ELIZABETH President 2026-02-18 00:00:00 D
4 3501 63223.0 Sale at price 18.06 per share. LONG DANIEL D Officer 2025-11-10 00:00:00 D
5 23008 94367.0 Conversion of Exercise of derivative security at price 2.76 - 6.81 per share. KLEIN UWE Officer 2025-08-18 00:00:00 D
6 55000 151800.0 Conversion of Exercise of derivative security at price 2.76 per share. FINER JEFFREY Chief Executive Officer 2025-04-03 00:00:00 D
7 13319 92270.0 Purchase at price 6.93 per share. EZEKOWITZ ALAN Director 2025-03-07 00:00:00 D
8 86681 515934.0 Purchase at price 5.82 - 6.35 per share. EZEKOWITZ ALAN Director 2025-03-06 00:00:00 D
9 10000 56867.0 Purchase at price 5.59 - 5.85 per share. LABRUCHERIE GILBERT M JR Chief Financial Officer 2025-02-27 00:00:00 I
Financials
Line Item2024-12-312023-12-312022-12-31
TaxEffectOfUnusualItems0.006.76M0.00
TaxRateForCalcs0.010.140.00
NormalizedEBITDA-79.42M-92.33M-27.39M
TotalUnusualItems0.0047.62M0.00
TotalUnusualItemsExcludingGoodwill0.0047.62M0.00
NetIncomeFromContinuingOperationNetMinorityInterest-71.80M4.18M-27.68M
ReconciledDepreciation1.40M848.00K577.00K
EBITDA-79.42M-44.70M-27.39M
EBIT-80.82M-45.55M-27.97M
NetInterestIncome8.62M2.79M291.00K
InterestIncome8.62M2.79M291.00K
NormalizedIncome-71.80M-36.68M-27.68M
NetIncomeFromContinuingAndDiscontinuedOperation-71.80M4.18M-27.68M
TotalExpenses81.90M45.70M27.97M
TotalOperatingIncomeAsReported-80.82M2.08M-27.97M
DilutedAverageShares9.89M19.50M19.50M
BasicAverageShares9.89M19.50M19.50M
DilutedEPS-7.260.03-1.42
BasicEPS-7.260.03-1.42
DilutedNIAvailtoComStockholders-71.80M629.00K-27.68M
AverageDilutionEarnings62.00K
NetIncomeCommonStockholders-71.80M567.00K-27.68M
OtherunderPreferredStockDividend0.003.61M0.00
NetIncome-71.80M4.18M-27.68M
NetIncomeIncludingNoncontrollingInterests-71.80M4.18M-27.68M
NetIncomeContinuousOperations-71.80M4.18M-27.68M
TaxProvision-498.00K691.00K0.00
PretaxIncome-72.30M4.87M-27.68M
OtherIncomeExpense-90.00K47.63M
OtherNonOperatingIncomeExpenses-90.00K10.00K
SpecialIncomeCharges0.0047.62M0.00
GainOnSaleOfPPE0.0047.62M0.00
NetNonOperatingInterestIncomeExpense8.62M2.79M291.00K
InterestIncomeNonOperating8.62M2.79M291.00K
OperatingIncome-80.82M-45.55M-27.97M
OperatingExpense81.90M45.70M27.97M
ResearchAndDevelopment65.34M35.98M22.04M
SellingGeneralAndAdministration16.56M9.72M5.92M
GeneralAndAdministrativeExpense16.56M9.72M5.92M
OtherGandA16.56M9.72M5.92M
TotalRevenue1.07M151.00K0.00
OperatingRevenue1.07M151.00K0.00
Line Item2024-12-312023-12-312022-12-31
OrdinarySharesNumber44.42M42.00M42.00M
ShareIssued44.42M42.00M42.00M
TotalDebt25.48M12.57M710.00K
TangibleBookValue420.05M-38.37M-44.20M
InvestedCapital420.05M-38.37M-44.20M
WorkingCapital343.98M105.76M26.35M
NetTangibleAssets420.05M-38.37M-44.20M
CapitalLeaseObligations25.48M12.57M710.00K
CommonStockEquity420.05M-38.37M-44.20M
TotalCapitalization420.05M-38.37M-44.20M
TotalEquityGrossMinorityInterest420.05M-38.37M-44.20M
StockholdersEquity420.05M-38.37M-44.20M
GainsLossesNotAffectingRetainedEarnings56.00K0.00
OtherEquityAdjustments56.00K
RetainedEarnings-118.37M-46.58M-50.76M
AdditionalPaidInCapital538.32M8.20M6.55M
CapitalStock44.00K3.00K3.00K
CommonStock44.00K3.00K3.00K
PreferredStock0.000.00
TotalLiabilitiesNetMinorityInterest36.51M169.24M80.32M
TotalNonCurrentLiabilitiesNetMinorityInterest23.66M162.33M74.78M
OtherNonCurrentLiabilities33.00K546.00K83.00K
PreferredSecuritiesOutsideStockEquity0.00149.22M74.69M
LongTermDebtAndCapitalLeaseObligation23.62M12.57M0.00
LongTermCapitalLeaseObligation23.62M12.57M0.00
CurrentLiabilities12.85M6.91M5.54M
OtherCurrentLiabilities78.00K85.00K50.00K
CurrentDebtAndCapitalLeaseObligation1.85M710.00K
CurrentCapitalLeaseObligation1.85M0.00710.00K
PensionandOtherPostRetirementBenefitPlansCurrent4.13M2.95M1.71M
PayablesAndAccruedExpenses6.79M3.88M3.08M
CurrentAccruedExpenses3.59M1.04M6.00K
Payables3.20M2.84M3.07M
TotalTaxPayable0.00200.00K0.00
IncomeTaxPayable0.00200.00K0.00
AccountsPayable3.20M2.64M3.07M
TotalAssets456.55M130.87M36.12M
TotalNonCurrentAssets99.73M18.19M4.23M
OtherNonCurrentAssets1.17M1.00M1.12M
InvestmentsAndAdvances69.87M0.00
InvestmentinFinancialAssets69.87M0.00
AvailableForSaleSecurities69.87M
NetPPE28.69M17.19M3.10M
AccumulatedDepreciation-2.93M-1.62M-798.00K
GrossPPE31.62M18.81M3.90M
Leases717.00K389.00K0.00
OtherProperties29.28M17.49M3.67M
MachineryFurnitureEquipment1.62M931.00K231.00K
Properties0.000.000.00
CurrentAssets356.82M112.68M31.89M
OtherCurrentAssets200.00K92.00K204.00K
PrepaidAssets4.58M1.33M1.08M
Receivables1.12M22.78M0.00
OtherReceivables22.62M
AccruedInterestReceivable953.00K
AccountsReceivable171.00K151.00K0.00
CashCashEquivalentsAndShortTermInvestments350.92M88.48M30.61M
OtherShortTermInvestments112.73M0.00
CashAndCashEquivalents238.20M88.48M30.61M
CashEquivalents86.57M29.61M
CashFinancial1.91M1.00M
Line Item2024-12-312023-12-312022-12-31
FreeCashFlow-69.57M-41.60M-24.59M
RepurchaseOfCapitalStock-1.00K-1.00K
IssuanceOfCapitalStock377.73M74.52M29.97M
CapitalExpenditure-2.10M-2.88M-1.29M
IncomeTaxPaidSupplementalData232.00K75.00K0.00
EndCashPosition239.10M89.39M31.47M
BeginningCashPosition89.39M31.47M26.01M
ChangesInCash149.71M57.92M5.46M
FinancingCashFlow377.78M74.52M30.05M
CashFlowFromContinuingFinancingActivities377.78M74.52M30.05M
ProceedsFromStockOptionExercised52.00K0.0082.00K
NetPreferredStockIssuance74.94M74.52M29.97M
PreferredStockIssuance74.94M74.52M29.97M
NetCommonStockIssuance302.79M-1.00K
CommonStockPayments-1.00K-1.00K
CommonStockIssuance302.79M0.00
InvestingCashFlow-160.60M22.12M-1.29M
CashFlowFromContinuingInvestingActivities-160.60M22.12M-1.29M
NetOtherInvestingChanges22.62M25.00M
NetInvestmentPurchaseAndSale-181.12M0.00
SaleOfInvestment32.27M0.00
PurchaseOfInvestment-213.39M0.00
NetPPEPurchaseAndSale-2.10M-2.88M-1.29M
PurchaseOfPPE-2.10M-2.88M-1.29M
OperatingCashFlow-67.47M-38.72M-23.30M
CashFlowFromContinuingOperatingActivities-67.47M-38.72M-23.30M
ChangeInWorkingCapital248.00K926.00K1.75M
ChangeInOtherWorkingCapital448.00K-770.00K-573.00K
ChangeInOtherCurrentAssets-170.00K165.00K244.00K
ChangeInPayablesAndAccruedExpense4.29M1.82M3.10M
ChangeInAccruedExpense3.56M2.47M1.37M
ChangeInPayable723.00K-653.00K1.73M
ChangeInAccountPayable723.00K-653.00K1.73M
ChangeInPrepaidAssets-4.30M-136.00K-1.02M
ChangeInReceivables-20.00K-151.00K0.00
ChangesInAccountReceivables-20.00K-151.00K0.00
OtherNonCashItems1.43M837.00K530.00K
StockBasedCompensation3.15M1.62M1.52M
AmortizationOfSecurities-1.41M0.00
DeferredTax-491.00K491.00K0.00
DeferredIncomeTax-491.00K491.00K0.00
DepreciationAmortizationDepletion1.40M848.00K577.00K
DepreciationAndAmortization1.40M848.00K577.00K
OperatingGainsLosses-47.62M
GainLossOnSaleOfPPE30.00K0.00
NetIncomeFromContinuingOperations-71.80M4.18M-27.68M
SEC Filings

Recent 10-K, 10-Q, 8-K, and Form 4 (insider) filings.

Public Trades for SEPN
Date User Broker Pattern Type Position Size Entry Price Trade P&L Status