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Sight Sciences, Inc. (SGHT)

Healthcare | Medical Devices | Menlo Park, United States | NasdaqGS
8.55 USD +0.14 (1.665%) ⇧ (Aug. 28, 2026, 4 p.m. EDT)
After hours: 8.55

Short-term:★★☆☆☆Long-term:⯪☆☆☆☆Dividends:☆☆☆☆☆
Hot Take | Aug. 22, 2026, 4:21 a.m. EDT

The investment case for Sight Sciences is currently broken by a catastrophic multi-year decline. The stock has lost nearly 89% of its value over the last four years, with every single year showing negative returns. This is not a temporary correction; it is a structural implosion where the market has repeatedly rejected the business's ability to generate value. Fundamentally, the company is bleeding cash, posting negative operating margins, and returning negative equity to shareholders. While revenue growth remains positive at roughly 20%, it is insufficient to offset the massive capital destruction and the eroding trust reflected in the balance sheet. The recent price action shows a fragile, volatile rebound off the lows, but this appears to be a dead-cat bounce fueled by oversold conditions rather than a genuine turnaround. With insiders actively selling shares and no dividend to provide income, the risk/reward profile is severely skewed against the buyer. The options market confirms this pessimism, with heavy put positioning acting as a ceiling for any rally. Until the company demonstrates sustained profitability and stops the hemorrhaging of shareholder value, this remains a strong sell.

Model Selection — Backtest MAE (log-scale, lower is better)
ModelMAE
AutoTheta ✓0.176107
AutoETS0.177628
AutoARIMA0.177628
MSTL0.183196

Forecast horizon: 45 days | Selected: AutoTheta

Forecast Reliability
Score 28%
H-stat 86.82
Ljung-Box p 0.000
Jarque-Bera p 0.042
Excess Kurtosis -1.60
Attribute Value
Sector Healthcare
Debt to Equity Ratio 79.355
Revenue per Share 1.559
Market Cap 471,002,336
Forward P/E -19.78
Beta 2.42
Profit Margins -35.69%
Website https://www.sightsciences.com

As of Aug. 22, 2026, 4:21 a.m. EDT: Speculators are overwhelmingly positioning for downside protection rather than upside participation. Put open interest dominates the landscape, particularly at the $5.00 strike for the November expiration, creating a dense wall of resistance. Call activity is sparse and concentrated far out-of-the-money at the $10.00 strike, suggesting traders are betting on a limited bounce rather than a recovery. Implied volatility is significantly elevated for puts compared to calls, indicating the market prices in a high probability of further decline.


Info Dump

Attribute Value
52 Week Change 1.1731267
Address1 4,040 Campbell Avenue
Address2 Suite 100
All Time High 42.57
All Time Low 1.04
Ask 10.75
Ask Size 2
Audit Risk 1
Average Analyst Rating 1.7 - Buy
Average Daily Volume10 Day 249,110
Average Daily Volume3 Month 222,817
Average Volume 222,817
Average Volume10Days 249,110
Beta 2.422
Bid 6.07
Bid Size 2
Board Risk 5
Book Value 0.967
City Menlo Park
Compensation As Of Epoch Date 1,767,139,200
Compensation Risk 9
Country United States
Crypto Tradeable 0
Currency USD
Current Price 8.55
Current Ratio 4.949
Custom Price Alert Confidence HIGH
Date Short Interest 1,786,665,600
Day High 8.55
Day Low 8.32
Debt To Equity 79.355
Display Name Sight Sciences
Earnings Call Timestamp End 1,785,960,000
Earnings Call Timestamp Start 1,785,960,000
Earnings Timestamp 1,785,960,000
Earnings Timestamp End 1,793,908,800
Earnings Timestamp Start 1,793,908,800
Ebitda -19,264,000
Ebitda Margins -0.23105
Enterprise To Ebitda -22.489
Enterprise To Revenue 5.196
Enterprise Value 433,223,328
Eps Current Year -0.49264
Eps Forward -0.43215
Eps Trailing Twelve Months -0.55
Esg Populated 0
Exchange NMS
Exchange Data Delayed By 0
Exchange Timezone Name America/New_York
Exchange Timezone Short Name EDT
Fax 650 352 4401
Fifty Day Average 6.1906
Fifty Day Average Change 2.3594003
Fifty Day Average Change Percent 0.38112628
Fifty Two Week Change Percent 117.31267
Fifty Two Week High 9.236
Fifty Two Week High Change -0.6859999
Fifty Two Week High Change Percent -0.07427456
Fifty Two Week Low 3.19
Fifty Two Week Low Change 5.36
Fifty Two Week Low Change Percent 1.6802508
Fifty Two Week Range 3.19 - 9.236
Financial Currency USD
First Trade Date Milliseconds 1,626,355,800,000
Float Shares 35,592,901
Forward Eps -0.43215
Forward P E -19.784798
Free Cashflow -8,611,250
Full Exchange Name NasdaqGS
Full Time Employees 186
Fullday Change 0.14
Fullday Change Percent 1.66469
Fullday Price 8.55
Gmt Off Set Milliseconds -14,400,000
Governance Epoch Date 1,785,542,400
Gross Margins 0.87958
Gross Profits 73,337,000
Has Pre Post Market Data 1
Held Percent Insiders 0.20065
Held Percent Institutions 0.52391
Implied Shares Outstanding 55,087,990
Industry Medical Devices
Industry Disp Medical Devices
Industry Key medical-devices
Ipo Expected Date 2,021-07-15
Is Earnings Date Estimate 1
Language en-US
Last Fiscal Year End 1,767,139,200
Long Business Summary Sight Sciences, Inc., an ophthalmic medical device company, focuses on the development and commercialization of surgical and nonsurgical technologies for the treatment of eye prevalent diseases in the United States. The company operates in two segments, Surgical Glaucoma and Dry Eye. It offers OMNI, a surgical system family of products, such as OMNI Ergo for the catheterization and transluminal viscodilation of Schlemm's canal and cutting of the trabecular meshwork to reduce intraocular pressure in adult patients with open-angle glaucoma; and OMNI EDGE, an implant-free and minimally invasive glaucoma surgery technology. The company also provides SION, a bladeless and manually operated device used in ophthalmic surgical procedures to excise trabecular meshwork; and TearCare system, a proprietary, interventional, dry eye device designed to melt and facilitate the comprehensive removal of meibomian gland obstructions and restore gland functionality and healthy oil production for adult patients with evaporative dry eye disease due to meibomian gland disease when used in conjunction with manual expression of the meibomian glands for ophthalmologists and optometrists. It serves hospitals, medical centers, and eyecare professionals through sales representatives and distributors. The company was incorporated in 2010 and is headquartered in Menlo Park, California.
Long Name Sight Sciences, Inc.
Market us_market
Market Cap 471,002,336
Market State CLOSED
Max Age 86,400
Message Board Id finmb_141058155
Most Recent Quarter 1,782,777,600
Net Income To Common -29,757,000
Next Fiscal Year End 1,798,675,200
Non Diluted Market Cap 463,289,995
Number Of Analyst Opinions 5
Open 8.32
Operating Cashflow -23,238,000
Operating Margins -0.16624
Overall Risk 7
Payout Ratio 0.0
Phone 877 266 1144
Post Market Change 0.0
Post Market Change Percent 0.0
Post Market Price 8.55
Post Market Time 1,787,959,805
Previous Close 8.41
Price Eps Current Year -17.355473
Price Hint 2
Price To Book 8.841779
Price To Sales Trailing12 Months 5.649068
Profit Margins -0.35689998
Quick Ratio 4.446
Quote Source Name Nasdaq Real Time Price
Quote Type EQUITY
Recommendation Key buy
Recommendation Mean 1.71429
Region US
Regular Market Change 0.14
Regular Market Change Percent 1.66469
Regular Market Day High 8.55
Regular Market Day Low 8.32
Regular Market Day Range 8.32 - 8.55
Regular Market Open 8.32
Regular Market Previous Close 8.41
Regular Market Price 8.55
Regular Market Time 1,787,947,200
Regular Market Volume 118,820
Return On Assets -0.10840999
Return On Equity -0.48422
Revenue Growth 0.195
Revenue Per Share 1.559
Sand P52 Week Change 0.20504117
Sector Healthcare
Sector Disp Healthcare
Sector Key healthcare
Share Holder Rights Risk 8
Shares Outstanding 55,087,990
Shares Percent Shares Out 0.016
Shares Short 883,649
Shares Short Previous Month Date 1,784,073,600
Shares Short Prior Month 829,847
Short Name Sight Sciences, Inc.
Short Percent Of Float 0.022
Short Ratio 3.4
Source Interval 15
State CA
Symbol SGHT
Target High Price 12.0
Target Low Price 8.0
Target Mean Price 9.0
Target Median Price 8.0
Total Cash 79,753,000
Total Cash Per Share 1.448
Total Debt 41,974,000
Total Revenue 83,377,000
Tradeable 0
Trailing Annual Dividend Rate 0.0
Trailing Annual Dividend Yield 0.0
Trailing Eps -0.55
Trailing Peg Ratio None
Triggerable 1
Two Hundred Day Average 5.8101
Two Hundred Day Average Change 2.7399
Two Hundred Day Average Change Percent 0.47157538
Type Disp Equity
Volume 118,820
Website https://www.sightsciences.com
Zip 94,025