89bio Inc [NASDAQ: ETNB] gained 85.15% or 6.88 points to close at $14.96 with a heavy trading volume of 84760533 shares.
It opened the trading session at $14.98, the shares rose to $15.06 and dropped to $14.94, the range by which the price of stock traded the whole day. The daily chart for ETNB points out that the company has recorded 70.19% gains over the past six months.
If we look at the average trading volume of 1.51M shares, ETNB reached to a volume of 84760533 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Here is what top equities market gurus are saying about 89bio Inc [ETNB]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for ETNB shares is $35.00 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on ETNB stock is a recommendation set at 1.44. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
H.C. Wainwright have made an estimate for 89bio Inc shares, keeping their opinion on the stock as Buy, with their previous recommendation back on September 04, 2025. While these analysts kept the previous recommendation, Goldman raised their target price to Neutral. The new note on the price target was released on March 14, 2025, representing the official price target for 89bio Inc stock. Previously, the target price had yet another raise to $25, while Citigroup analysts kept a Buy rating on ETNB stock.
The Price to Book ratio for the last quarter was 4.25, with the Price to Cash per share for the same quarter was set at 3.78.
Trading performance analysis for ETNB stock
89bio Inc [ETNB] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 72.95. With this latest performance, ETNB shares gained by 66.22% in over the last four-week period, additionally plugging by 70.19% over the last 6 months – not to mention a rise of 91.30% in the past year of trading.
89bio Inc (ETNB) Capital Structure & Debt Analysis
According to recent financial data for 89bio Inc. ( ETNB), the Return on Equity (ROE) stands at -86.86%, highlighting a negative impact on investor capital. The Return on Assets (ROA) is -75.94%, reflecting the company’s efficiency in generating profits from its assets. Additionally, 89bio Inc’s Return on Invested Capital (ROIC) is -80.60%, showcasing its effectiveness in deploying capital for earnings.
89bio Inc (ETNB) Efficiency & Liquidity Metrics
Based on 89bio Inc’s (ETNB) latest financial statements, the Debt-to-Equity Ratio is 0.07%, indicating its reliance on debt financing relative to shareholder equity.
89bio Inc (ETNB) Efficiency & Liquidity Metrics
From an operational efficiency perspective, 89bio Inc. (ETNB) effectively leverages its workforce, generating an average of -$4840967.74 per employee. The company’s liquidity position is robust, with a Current Ratio of 15.19% and a Quick Ratio of 15.19%, indicating strong ability to cover short-term liabilities.
89bio Inc [ETNB]: An earnings per share (EPS) analysis
With the latest financial reports released by the company, 89bio Inc posted -1.39/share EPS, while the average EPS was predicted by analysts to be reported at -0.64/share. When compared, the two values demonstrate that the company fail the estimates by a Surprise Factor of -0.75. The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for ETNB. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for 89bio Inc go to 14.45%.
An analysis of Institutional ownership at 89bio Inc [ETNB]
There are presently around $111.85%, or 112.46%% of ETNB stock, in the hands of institutional investors. The top three institutional holders of ETNB stocks are: RA CAPITAL MANAGEMENT, L.P. with ownership of 14.18 million shares, which is approximately 14.1994%. JANUS HENDERSON GROUP PLC, holding 13.28 million shares of the stock with an approximate value of $$106.32 million in ETNB stocks shares; and JANUS HENDERSON GROUP PLC, currently with $$64.34 million in ETNB stock with ownership which is approximately 8.0454%.
