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Septerna, Inc. (SEPN)
NASDAQ:SEPN
US Market
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Septerna, Inc. (SEPN) AI Stock Analysis

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SEPN

Septerna, Inc.

(NASDAQ:SEPN)

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Neutral 64 (OpenAI - Gpt-5.6Sol)
Rating:64Neutral
Price Target:
$44.00
▲(32.93% Upside)
Action:Reiterated
Date:08/11/26
The score is primarily supported by improving financial performance—rapid revenue scaling, strong recent operating/free cash flow generation, and low leverage—tempered by continued net losses and a negative P/E. Technicals add support with a clear uptrend and positive momentum, while corporate events are mildly positive but not a major driver.
Positive Factors
Rapid revenue scaling with strong gross margin
The sharp increase in revenue indicates expanding business activity, while the high gross margin suggests the underlying offering can retain substantial value after direct costs. Sustaining this profile would support future operating leverage as the company scales.
Negative Factors
The company remains net loss-making
Narrowing losses are encouraging, but the business has not yet reached sustained profitability. Continued net losses can consume capital and leave results dependent on further revenue growth, cost discipline, or additional funding while the pipeline develops.
Read all positive and negative factors
Positive Factors
Negative Factors
Rapid revenue scaling with strong gross margin
The sharp increase in revenue indicates expanding business activity, while the high gross margin suggests the underlying offering can retain substantial value after direct costs. Sustaining this profile would support future operating leverage as the company scales.
Read all positive factors

Septerna, Inc. (SEPN) vs. SPDR S&P 500 ETF (SPY)

Septerna, Inc. Business Overview & Revenue Model

Company Description
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 PTH1...
How the Company Makes Money
null...

Septerna, Inc. Financial Statement Overview

Summary
Mixed but improving fundamentals: revenue scaled to $98.9M (TTM) with healthy ~72.5% gross margin, and losses narrowed (TTM net loss $24.2M vs. $48.9M in 2025). Balance sheet leverage is low (debt-to-equity ~0.06) with sizable equity ($386.7M). Cash flow is a standout (TTM operating cash flow $106.0M; free cash flow $105.1M), though durability is a watch item given slightly negative TTM FCF growth (~-1.7%).
Income Statement
48
Neutral
Balance Sheet
72
Positive
Cash Flow
78
Positive
BreakdownTTMDec 2025Dec 2024Dec 2023Dec 2022
Income Statement
Total Revenue98.88M45.95M1.07M151.00K0.00
Gross Profit98.46M45.95M1.07M151.00K0.00
EBITDA-39.75M-47.26M-70.89M-44.70M-27.39M
Net Income-24.24M-48.88M-71.80M4.18M-27.68M
Balance Sheet
Total Assets566.74M596.19M456.55M130.87M36.12M
Cash, Cash Equivalents and Short-Term Investments372.32M391.09M350.92M88.48M30.61M
Total Debt22.55M23.63M25.48M12.57M710.00K
Total Liabilities180.02M214.26M36.51M169.24M80.32M
Stockholders Equity386.72M381.93M420.05M-38.37M-44.20M
Cash Flow
Free Cash Flow105.10M109.67M-69.57M-41.60M-24.59M
Operating Cash Flow106.01M110.19M-67.47M-38.72M-23.30M
Investing Cash Flow-229.10M-229.35M-160.60M22.12M-1.29M
Financing Cash Flow18.44M1.69M377.78M74.52M30.05M

Septerna, Inc. Technical Analysis

Technical Analysis Sentiment
Positive
Last Price33.10
Price Trends
50DMA
36.85
Positive
100DMA
31.64
Positive
200DMA
28.74
Positive
Market Momentum
MACD
2.16
Positive
RSI
51.33
Neutral
STOCH
25.70
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For SEPN, the sentiment is Positive. The current price of 33.1 is below the 20-day moving average (MA) of 39.95, below the 50-day MA of 36.85, and above the 200-day MA of 28.74, indicating a bullish trend. The MACD of 2.16 indicates Positive momentum. The RSI at 51.33 is Neutral, neither overbought nor oversold. The STOCH value of 25.70 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for SEPN.

Septerna, Inc. Risk Analysis

Septerna, Inc. disclosed 89 risk factors in its most recent earnings report. Septerna, Inc. reported the most risks in the "Tech & Innovation" category.
Finance & Corporate - Financial and accounting risks. Risks related to the execution of corporate activity and strategy
Latest Risks Added 1 New Risks
1.
We expect to lose our smaller reporting company status, which will increase our reporting and compliance obligations. Q2, 2026

Septerna, Inc. Peers Comparison

Overall Rating
UnderperformOutperform
Sector (55)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
73
Outperform
$880.02M15.9919.40%35.11%331.61%
64
Neutral
$1.90B-74.07-6.31%13520.11%74.95%
62
Neutral
$2.15B-16.13-35.42%-3.28%61.09%
55
Neutral
$6.65B3.83-15.92%6.20%10.91%7.18%
54
Neutral
$1.04B-3.53-207.18%-7.27%-48.89%
46
Neutral
$76.99M-0.27108.75%32.43%7.40%
* General Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
SEPN
Septerna, Inc.
40.00
28.01
233.61%
TBPH
Theravance Biopharma
17.01
3.10
22.29%
KURA
Kura Oncology
11.89
4.24
55.42%
GOSS
Gossamer Bio
0.15
-2.19
-93.42%
MRVI
Maravai Lifesciences Holdings
8.64
6.19
252.65%

Septerna, Inc. Corporate Events

Executive/Board ChangesShareholder Meetings
Septerna Shareholders Elect Directors, Ratify Ernst & Young
Positive
Jun 30, 2026
At its annual meeting of stockholders held on June 26, 2026, Septerna, Inc. reported that shareholders elected Shalini Sharp and Jake Simson as Class II directors to the Board for three‑year terms ending in 2029, with both to serve until suc...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

Disclaimer

This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.Date of analysis: Aug 11, 2026