89bio
ETNB
About: 89bio Inc is a United States-based clinical-stage biopharmaceutical company focused on the development and commercialization of therapies for the treatment of liver and cardio-metabolic diseases. Its product candidate, pegozafermin (previously BIO89-100), a specifically engineered glycoPEGylated analog of fibroblast growth factor 21 (FGF21), is currently being developed for the treatment of nonalcoholic steatohepatitis (NASH) and for the treatment of severe hypertriglyceridemia (SHTG).
Employees: 93
Fund manager confidence
Based on 2025 Q2 regulatory disclosures by fund managers ($100M+ AUM)
43% more repeat investments, than reductions
Existing positions increased: 80 | Existing positions reduced: 56
39% more capital invested
Capital invested by funds: $1.14B [Q1] → $1.58B (+$444M) [Q2]
33% more funds holding in top 10
Funds holding in top 10: 3 [Q1] → 4 (+1) [Q2]
4.7% more ownership
Funds ownership: 105.72% [Q1] → 110.42% (+4.7%) [Q2]
9% less first-time investments, than exits
New positions opened: 30 | Existing positions closed: 33
2% less funds holding
Funds holding: 186 [Q1] → 183 (-3) [Q2]
79% less call options, than puts
Call options by funds: $3.66M | Put options by funds: $17.4M
Research analyst outlook
3 Wall Street Analysts provided 1 year price targets over the past 3 months
3 analyst ratings
HC Wainwright & Co.
Andrew S. Fein
|
$32
|
Buy
Assumed
|
4 Sep 2025 |
B of A Securities
Alexandria Hammond
|
$29
|
Buy
Maintained
|
25 Aug 2025 |
RBC Capital
Brian Abrahams
|
$11
|
Sector Perform
Maintained
|
8 Aug 2025 |
Financial journalist opinion
Based on 4 articles about ETNB published over the past 30 days