SpyGlass Pharma Inc (SGP)

SpyGlass Pharma Inc. is a healthcare company focused on ophthalmic drug delivery for patients with chronic eye diseases. The company is developing the Bimatoprost Drug Pad-IOL System, or BIM-IOL System, which uses proprietary drug pads attached to an intraocular lens and is designed for implantation during routine cataract surgery to help lower elevated intraocular pressure in patients. SpyGlass Pharma is also working on a separate ring-shaped, sustained-release implant that uses bimatoprost without an IOL component. The company was founded in 2019, was previously known as SpyGlass Ophthalmics, Inc., and adopted its current name in April 2021. It is based in Aliso Viejo, California, and its common stock trades on NASDAQ under the symbol SGP.


Jump directly to the stock analysis sections supported by the latest available data.

Data update note: Fair value and stock analysis metrics are updated after regular market sessions when new data becomes available.
Ticker Fair Value Fair Value Upside/Downside Fair Value Rating Analyst Price Target Analyst Target Upside/Downside Analyst Target Rating Overall Financial Health Dividend Yield Next Earnings Date Price-to-Book Ratio Market Cap Enterprise Value Total Debt / Total Capital Free Float / Shares Outstanding Altman Z-Score Free Cash Flow / Net Income
NASDAQ-SGP
$20.26
-30.2% Downside
Overvalued
$44
51.7% Upside
Bargain
Great
0.0%
December 2, 2026
4.2x
972.7 M
746.1 M
0.2%
19.4%
49.7
88.7%
Valuation • Fair Value

SpyGlass Pharma Inc (NASDAQ-SGP) Fair Value by Valuation Model

Review the available estimates for SpyGlass Pharma Inc (NASDAQ-SGP), including DCF Fair Value, Comps Fair Value.

Primary Valuation Read

Fair Value

$20.26

Estimated downside of 30.2% versus the current market price.

Fair Value Confidence

Low

Confidence level for the primary fair value estimate.

DCF Fair Value

$16.20

Discounted cash flow valuation reference.

Comps Fair Value

$22.29

Comparable-company valuation reference.

Analyst Price Target

$44

Analysts imply upside of 51.7%.

How to read these valuation models

Use the 5 available valuation references for SpyGlass Pharma Inc (NASDAQ-SGP) as analytical inputs, not a standalone conclusion. Valuation methods can differ because they rely on different assumptions, time horizons and financial inputs; compare the estimates with the current price and the company’s financial quality.

Profitability • Growth

Profitability & Growth for SpyGlass Pharma Inc (NASDAQ-SGP)

Review the profitability and growth indicators currently supported by the latest data.

Revenue Forecast

0 K

Forward revenue estimate.

EBITDA

-61.091 M

Current operating profitability reference.

EBITDA Forecast

-75.497 M

Forward operating profitability estimate.

How to read profitability and growth

This section helps investors review SpyGlass Pharma Inc (NASDAQ-SGP) from an operating perspective by combining current scale, forward revenue expectations and EBITDA-related profitability measures.

Quality • Risk

Quality & Financial Risk for SpyGlass Pharma Inc (NASDAQ-SGP)

Review the financial quality and risk indicators currently supported by the latest data.

Financial Health

Great

Positive financial-health read.

Piotroski Score

1

Weak quality score that deserves closer review.

Altman Z-Score

49.7

Relatively strong balance-sheet zone.

FCF / Net Income

88.7%

Cash conversion quality indicator.

How to read quality and risk

This section combines quality, balance-sheet and accounting-risk indicators for SpyGlass Pharma Inc (NASDAQ-SGP). Read the metrics together: no single score is a complete investment conclusion, but the combined view can highlight financial strength, earnings quality and areas that may deserve closer review.

Events • Dividends

Upcoming Events & Dividends for SpyGlass Pharma Inc (NASDAQ-SGP)

Track the upcoming dates and dividend metrics currently supported by the latest data.

Next Earnings Date

December 2, 2026

Days to Earnings

75

Dividend Yield

0.0%

No current dividend yield is indicated.

How to read events and dividends

This section helps investors track time-sensitive items for SpyGlass Pharma Inc (NASDAQ-SGP), including the next earnings date and dividend-related milestones. These items can matter for short-term volatility, income planning and event-driven positioning.

Stock Forecast • Technical Outlook

SpyGlass Pharma Inc (NASDAQ-SGP) Stock Forecast & Technical Outlook

Review SpyGlass Pharma Inc (NASDAQ-SGP) across multiple technical time frames, alongside analyst recommendation data, to form a faster read on market positioning and near-term sentiment.

Technical Signals by Time Frame

Switch between time frames to review the current technical signal for the stock.

Strong Sell Sell Neutral Buy Strong Buy
Time frame: 15-minute • intraday
Strong Buy

The 15-minute technical read for SpyGlass Pharma Inc (NASDAQ-SGP) is currently Strong Buy. Use it as a timing signal only, and compare it with valuation, fundamentals and upcoming events before drawing a broader view.

Strong Sell Sell Neutral Buy Strong Buy
Time frame: 1-hour • short-term
Strong Buy

The 1-hour technical read for SpyGlass Pharma Inc (NASDAQ-SGP) is currently Strong Buy. Use it as a timing signal only, and compare it with valuation, fundamentals and upcoming events before drawing a broader view.

Strong Sell Sell Neutral Buy Strong Buy
Time frame: daily • daily
Strong Buy

The daily technical read for SpyGlass Pharma Inc (NASDAQ-SGP) is currently Strong Buy. Use it as a timing signal only, and compare it with valuation, fundamentals and upcoming events before drawing a broader view.

Strong Sell Sell Neutral Buy Strong Buy
Time frame: weekly • weekly
Strong Buy

The weekly technical read for SpyGlass Pharma Inc (NASDAQ-SGP) is currently Strong Buy. Use it as a timing signal only, and compare it with valuation, fundamentals and upcoming events before drawing a broader view.

Strong Sell Sell Neutral Buy Strong Buy
Time frame: monthly • monthly
Strong Buy

The monthly technical read for SpyGlass Pharma Inc (NASDAQ-SGP) is currently Strong Buy. Use it as a timing signal only, and compare it with valuation, fundamentals and upcoming events before drawing a broader view.

Analyst Consensus for SpyGlass Pharma Inc (NASDAQ-SGP)

A consolidated view of buy, hold and sell recommendations based on the currently available analyst data.

Strong Sell Sell Neutral Buy Strong Buy
Consolidated analyst recommendation mix
Strong Buy

Based on the available recommendation mix, SpyGlass Pharma Inc (NASDAQ-SGP) has a Strong Buy consensus, with 5 buy, 0 hold and 0 sell recommendations in the current data set.

Buy 5
Hold 0
Sell 0
FAQ Fast Investor Answers

SpyGlass Pharma Inc (NASDAQ-SGP) Stock FAQ

Data-supported answers about SpyGlass Pharma Inc (NASDAQ-SGP), including explicit coverage status where a reliable valuation estimate is not currently available.

Fair Value
$20.26
Estimated downside 30.2%
Valuation Rating
Overvalued
Estimated downside of 30.2%
Analyst Target
$44
Implied upside 51.7%
Financial Health
Great
Current financial-health read

The current fair value estimate for SpyGlass Pharma Inc (NASDAQ-SGP) is $20.26. This implies an estimated downside of 30.2% versus the current market price.

Based on the current fair value estimate, the stock appears overvalued, with estimated downside of 30.2% versus the current market price.

The available analyst price target for SpyGlass Pharma Inc (NASDAQ-SGP) is $44. The analyst target implies estimated upside of 51.7%.

The current financial health read for SpyGlass Pharma Inc (NASDAQ-SGP) is Great. This should be reviewed alongside valuation, profitability, debt and cash-flow quality metrics.

The next earnings date currently listed for SpyGlass Pharma Inc (NASDAQ-SGP) is December 2, 2026.

The latest available data indicates no current dividend yield for SpyGlass Pharma Inc (NASDAQ-SGP).

The current market capitalization listed for SpyGlass Pharma Inc is 972.7 M.

The current enterprise value listed for SpyGlass Pharma Inc is 746.1 M. Enterprise value can provide a broader valuation view than market capitalization alone because it also considers net debt.

The ticker symbol for SpyGlass Pharma Inc is NASDAQ-SGP, and the stock is listed on NASDAQ.

SpyGlass Pharma Inc (NASDAQ-SGP) is listed on NASDAQ.

The current debt-to-total-capital ratio listed for SpyGlass Pharma Inc is 0.2%, which helps investors evaluate the company’s financing structure and leverage profile.

The free float listed for SpyGlass Pharma Inc is 19.4%. Free float helps investors understand how much of the share base is available for public trading.