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Sarepta Therapeutics (SRPT)
NASDAQ:SRPT
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Sarepta Therapeutics (SRPT) AI Stock Analysis

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SRPT

Sarepta Therapeutics

(NASDAQ:SRPT)

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Neutral 48 (OpenAI - 4o)
Rating:48Neutral
Price Target:
$16.00
▼(-9.30% Downside)
Sarepta Therapeutics shows strong revenue growth but faces significant challenges in profitability and cash flow management. The technical indicators suggest a bearish trend, though the stock is nearing oversold conditions. The earnings call highlighted both achievements and challenges, with ongoing efforts to enhance liquidity and advance the pipeline. The negative P/E ratio and lack of dividend yield further weigh on the stock's valuation.
Positive Factors
Revenue Growth
Strong revenue growth indicates robust demand for Sarepta's products, suggesting effective market penetration and potential for sustained sales increases.
Product Pipeline
A strong pipeline with upcoming data releases can drive long-term growth, enhancing Sarepta's competitive position in genetic therapies.
Financial Restructuring
Improved liquidity and balance sheet restructuring provide financial stability, enabling strategic investments and operational resilience.
Negative Factors
Profitability Challenges
Ongoing profitability issues indicate challenges in cost management, potentially limiting reinvestment capabilities and affecting long-term growth.
Cash Flow Management
Negative cash flow growth suggests difficulties in sustaining operations and funding new projects, which could hinder long-term strategic initiatives.
ESSENCE Trial Results
Failure to achieve statistical significance in key trials may delay product approvals, impacting future revenue streams and market competitiveness.

Sarepta Therapeutics (SRPT) vs. SPDR S&P 500 ETF (SPY)

Sarepta Therapeutics Business Overview & Revenue Model

Company DescriptionSarepta Therapeutics (SRPT) is a biopharmaceutical company focused on developing innovative therapies for rare diseases, primarily targeting genetic disorders such as Duchenne muscular dystrophy (DMD). The company operates in the biotechnology sector and is known for its pioneering work in gene therapy and RNA-targeted medicines. Sarepta's lead product candidates include exon-skipping therapies and gene replacement therapies designed to address the underlying causes of DMD and other genetic conditions.
How the Company Makes MoneySarepta Therapeutics generates revenue primarily through the commercialization of its therapeutic products, including its lead drug, Exondys 51, which is used to treat DMD. The company earns money from product sales, royalties, and milestone payments associated with its collaborations and partnerships with other pharmaceutical companies. Additionally, Sarepta has engaged in licensing agreements that provide upfront payments and potential future royalties based on sales of partnered products. The company also benefits from government grants and research funding aimed at advancing its clinical programs.

Sarepta Therapeutics Earnings Call Summary

Earnings Call Date:Nov 03, 2025
(Q3-2025)
|
% Change Since: |
Next Earnings Date:Mar 03, 2026
Earnings Call Sentiment Neutral
The earnings call presented a balanced view, with significant achievements in revenue and study completions, alongside challenges such as the ESSENCE trial missing statistical significance and disruptions from paused shipments.
Q3-2025 Updates
Positive Updates
Solid Net Product Revenue
Sarepta posted solid net product revenue of $370 million for the quarter, despite disruptions.
Successful Completion of Confirmatory Studies
The confirmatory studies for ultra-rare disease CMOs, VYONDYS and AMONDYS, were completed. The studies showed a clinically favorable trend, although they missed statistical significance.
Real-World Evidence Supports PMOs
Over 1,800 patients worldwide have been treated with exon-skipping therapies, showing benefits such as delayed loss of ambulation and preserved pulmonary function.
ELEVIDYS Product Revenue Contribution
ELEVIDYS contributed $131 million in net product revenue for the quarter.
Strong Demand for PMO Franchise
The PMO franchise delivered strong demand performance, contributing $239 million to the quarter's revenue.
Financial Restructuring and Liquidity Improvement
Sarepta enhanced its liquidity and improved its balance sheet by monetizing strategic investments and completing a debt exchange.
Negative Updates
ESSENCE Trial Missed Statistical Significance
The ESSENCE trial did not reach statistical significance on its primary endpoint, which could affect the transition from accelerated to traditional approval.
Disruptions Due to Pause in ELEVIDYS Shipments
A temporary pause in ELEVIDYS shipments led to logistical challenges and potential impacts on Q4 revenue.
COVID Impact on Study Results
The ESSENCE trial results were impacted by the COVID pandemic, with many patients missing doses, affecting the study's outcome.
Restructuring Charges
Sarepta incurred $41 million in restructuring costs due to a reduction in force and reprioritization of its pipeline.
Company Guidance
During Sarepta's third-quarter 2025 financial results call, the company discussed several key metrics and future guidance. Net product revenue for the quarter was reported at $370 million, with ELEVIDYS contributing $131 million and the PMO franchise generating $239 million. The company expects to maintain ELEVIDYS revenue at a $500 million annual floor for the ambulant population, despite near-term disruptions and typical seasonal impacts in Q4, which are expected to result in flat to slightly down infusion volumes compared to Q3. Sarepta remains committed to advancing its siRNA pipeline, with data from the single ascending dose studies for DM1 and FSHD anticipated in the first quarter of 2026. Additionally, the company plans to request a meeting with the FDA by year-end to discuss transitioning VYONDYS and AMONDYS from accelerated to traditional approval, leveraging both ESSENCE trial data and real-world evidence.

Sarepta Therapeutics Financial Statement Overview

Summary
Sarepta Therapeutics is experiencing strong revenue growth, but profitability and cash flow remain significant concerns. The company has made strides in improving its capital structure, yet persistent losses and cash flow challenges highlight the need for strategic improvements in cost management and operational efficiency.
Income Statement
45
Neutral
Sarepta Therapeutics has shown a positive revenue growth rate of 11.11% TTM, indicating a strong upward trajectory in sales. However, the company is struggling with profitability, as evidenced by negative net profit and EBIT margins. The gross profit margin remains robust at 78.85% TTM, but the negative net profit margin of -2.34% TTM highlights ongoing challenges in cost management and operational efficiency.
Balance Sheet
50
Neutral
The company's debt-to-equity ratio has improved to 0.997 TTM, indicating a more balanced capital structure compared to previous years. However, the return on equity remains negative at -4.42% TTM, reflecting ongoing losses. The equity ratio is stable, suggesting a reasonable proportion of assets financed by equity, but the high leverage in past years poses a risk.
Cash Flow
40
Negative
Sarepta Therapeutics faces significant challenges in cash flow management, with a negative free cash flow growth rate of -35.78% TTM. The operating cash flow to net income ratio is also negative, indicating difficulties in converting earnings into cash. Despite this, the free cash flow to net income ratio is positive, suggesting some ability to cover net losses with free cash flow.
BreakdownTTMDec 2024Dec 2023Dec 2022Dec 2021Dec 2020
Income Statement
Total Revenue2.41B1.90B1.24B933.01M701.89M540.10M
Gross Profit1.82B1.58B1.09B793.02M604.84M476.72M
EBITDA-186.59M333.06M-439.20M-582.12M-306.08M-453.38M
Net Income-271.51M235.24M-535.98M-703.49M-418.78M-554.13M
Balance Sheet
Total Assets3.49B3.96B3.26B3.13B3.15B2.98B
Cash, Cash Equivalents and Short-Term Investments850.99M1.35B1.68B1.99B2.12B1.94B
Total Debt1.25B1.34B1.40B1.62B1.14B1.07B
Total Liabilities2.17B2.44B2.41B2.74B2.22B2.22B
Stockholders Equity1.32B1.53B859.34M384.95M928.01M761.76M
Cash Flow
Free Cash Flow-381.10M-342.74M-588.34M-356.17M-481.66M25.26M
Operating Cash Flow-244.64M-205.79M-500.99M-325.35M-443.17M107.47M
Investing Cash Flow737.55M755.56M-165.80M-1.05B495.41M-121.72M
Financing Cash Flow-80.14M124.81M125.00M232.51M561.57M682.32M

Sarepta Therapeutics Technical Analysis

Technical Analysis Sentiment
Negative
Last Price17.64
Price Trends
50DMA
20.32
Negative
100DMA
19.10
Negative
200DMA
45.62
Negative
Market Momentum
MACD
-0.30
Positive
RSI
38.71
Neutral
STOCH
25.59
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For SRPT, the sentiment is Negative. The current price of 17.64 is below the 20-day moving average (MA) of 22.13, below the 50-day MA of 20.32, and below the 200-day MA of 45.62, indicating a bearish trend. The MACD of -0.30 indicates Positive momentum. The RSI at 38.71 is Neutral, neither overbought nor oversold. The STOCH value of 25.59 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for SRPT.

Sarepta Therapeutics Risk Analysis

Sarepta Therapeutics disclosed 63 risk factors in its most recent earnings report. Sarepta Therapeutics reported the most risks in the "Finance & Corporate" category.
Finance & Corporate - Financial and accounting risks. Risks related to the execution of corporate activity and strategy
Latest Risks Added 0 New Risks

Sarepta Therapeutics Peers Comparison

Overall Rating
UnderperformOutperform
Sector (51)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
59
Neutral
$2.94B-28.17%129.21%80.35%
51
Neutral
$7.86B-0.30-43.30%2.27%22.53%-2.21%
48
Neutral
$1.58B-21.37%47.15%-311.26%
46
Neutral
$1.51B-148.6345.38%92.85%
45
Neutral
$2.01B-18.96%191.53%5.09%
43
Neutral
$3.06B-60.66%-2.75%
37
Underperform
$1.97B-95.40%4.68%
* Healthcare Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
SRPT
Sarepta Therapeutics
17.64
-103.97
-85.49%
BCRX
BioCryst
7.03
-0.75
-9.64%
MESO
Mesoblast
14.93
5.75
62.64%
COGT
Cogent Biosciences
14.72
4.51
44.17%
ARQT
Arcutis Biotherapeutics
25.10
14.28
131.98%
DYN
Dyne Therapeutics
18.20
-10.28
-36.10%

Sarepta Therapeutics Corporate Events

Sarepta Therapeutics’ Earnings Call: Revenue Resilience Amid Challenges
Nov 5, 2025

Sarepta Therapeutics Inc. recently held its earnings call, presenting a balanced view of its financial and operational performance. The company highlighted significant achievements in revenue and study completions, while also addressing challenges such as the ESSENCE trial missing statistical significance and disruptions from paused shipments.

Sarepta Therapeutics Reports Q3 2025 Financial Results
Nov 4, 2025

Sarepta Therapeutics Inc., a leader in precision genetic medicine, specializes in developing therapies for rare diseases, particularly Duchenne muscular dystrophy (DMD). The company recently announced its third-quarter 2025 financial results, highlighting the completion of its ESSENCE study, which evaluated the efficacy and safety of AMONDYS 45 and VYONDYS 53 in treating DMD. Despite the study not achieving statistical significance on its primary endpoint, it showed positive trends favoring the therapies, especially when excluding COVID-impacted data.

Sarepta’s Gene Therapy Study: A Potential Game-Changer for Duchenne Muscular Dystrophy
Oct 27, 2025

Study Overview: Sarepta Therapeutics Inc. is conducting a long-term multicenter prospective observational study titled A Long-term Multicenter Prospective Observational Study Evaluating the Comparative Effectiveness and Safety of Sarepta Gene Transfer Therapy vs. Standard of Care in Participants With Duchenne Muscular Dystrophy Under Conditions of Routine Clinical Practice. The study aims to evaluate the effectiveness and safety of delandistrogene moxeparvovec, a gene transfer therapy, compared to standard care in patients with Duchenne Muscular Dystrophy (DMD). This study is significant as it seeks to provide insights into real-world outcomes of gene therapy in DMD treatment.

Sarepta’s Gene Therapy Study for Young DMD Patients: A Market Game-Changer?
Oct 27, 2025

Study Overview: The study titled ‘A Two-Part, Open-Label Systemic Gene Delivery Study to Evaluate the Safety and Expression of RO7494222 (SRP-9001) in Subjects Under the Age of Four With Duchenne Muscular Dystrophy’ aims to assess the safety and expression of a gene therapy in young children with Duchenne Muscular Dystrophy (DMD). This research is significant as it targets a critical age group for early intervention in a progressive and debilitating condition.

Sarepta’s Observational Study on DMD Therapies: Market Insights
Oct 27, 2025

Study Overview: Sarepta Therapeutics Inc. is conducting a long-term observational study titled ‘A Long-term Observational Study Evaluating Sarepta Therapeutics, Inc.’s Exon-Skipping Therapies in Patients With Duchenne Muscular Dystrophy Under Conditions of Routine Clinical Practice.’ The study aims to evaluate the real-world outcomes of exon-skipping therapies, specifically eteplirsen, golodirsen, and casimersen, in patients with Duchenne Muscular Dystrophy (DMD). This research is significant as it seeks to gather comprehensive data on treatment effectiveness in routine clinical settings, potentially influencing future therapeutic strategies.

Sarepta and Hansa’s Gene Therapy Study: A Potential Breakthrough for DMD Treatment
Oct 27, 2025

Study Overview: The clinical study titled ‘An Open-Label, Systemic Gene Delivery Study to Evaluate the Safety, Tolerability and Expression of SRP-9001 in Association With Imlifidase in Subjects With Duchenne Muscular Dystrophy With Pre-existing Antibodies to rAAVrh74’ aims to assess the safety and efficacy of the gene therapy delandistrogene moxeparvovec (SRP-9001) when used alongside imlifidase. This study is significant as it targets Duchenne Muscular Dystrophy (DMD) patients who have pre-existing antibodies to the viral vector used in the therapy, potentially expanding treatment options for this group.

Sarepta Therapeutics’ Long-term Study on SRP-9001: A Boost for Investor Confidence?
Oct 27, 2025

Study Overview: Sarepta Therapeutics Inc. is conducting a Phase 3, long-term follow-up study titled ‘A Phase 3, Multinational, Long-term Follow-up Study to Evaluate Safety and Efficacy in Subjects Who Have Previously Received SRP-9001 in a Clinical Study.’ The study aims to monitor the long-term safety and efficacy of delandistrogene moxeparvovec in participants with Duchenne Muscular Dystrophy who received the treatment in a previous clinical study. This research is significant as it seeks to provide a consistent approach to evaluating long-term outcomes, contributing valuable data to the understanding of the treatment’s impact.

Sarepta Therapeutics Restructures Amid ELEVIDYS Challenges
Sep 2, 2025

Sarepta Therapeutics Inc. recently held its earnings call, revealing a mixed sentiment characterized by strategic restructuring and cost-saving measures aimed at bolstering the company’s financial health and future growth. Despite these positive steps, challenges such as workforce reductions, hesitancy in the adoption of ELEVIDYS, and the suspension of nonambulatory ELEVIDYS shipments pose significant hurdles for the company.

Business Operations and StrategyPrivate Placements and Financing
Sarepta Therapeutics Completes Convertible Notes Exchange
Neutral
Aug 29, 2025

On August 20, 2025, Sarepta Therapeutics entered into exchange agreements with holders of its 1.25% Convertible Senior Notes due 2027, exchanging $700 million of these notes for new 4.875% Convertible Senior Notes due 2030, common stock, and cash. This strategic financial move, completed on August 28, 2025, aims to manage debt maturity and optimize capital structure, potentially impacting the company’s financial flexibility and market positioning.

The most recent analyst rating on (SRPT) stock is a Sell with a $12.00 price target. To see the full list of analyst forecasts on Sarepta Therapeutics stock, see the SRPT Stock Forecast page.

Business Operations and StrategyPrivate Placements and Financing
Sarepta Therapeutics Restructures Debt with New Convertible Notes
Neutral
Aug 21, 2025

On August 20, 2025, Sarepta Therapeutics entered into exchange agreements with holders of its 1.25% Convertible Senior Notes due 2027, exchanging approximately $700 million of these notes for new 4.875% Convertible Senior Notes due 2030, shares of common stock, and cash. Additionally, the company engaged in a private placement transaction with J. Wood Capital Advisors LLC for $20 million in common stock, with the issuance of these securities relying on exemptions from registration under the Securities Act. These strategic financial maneuvers are expected to impact the company’s capital structure and provide flexibility in managing its debt obligations.

The most recent analyst rating on (SRPT) stock is a Hold with a $20.50 price target. To see the full list of analyst forecasts on Sarepta Therapeutics stock, see the SRPT Stock Forecast page.

Business Operations and StrategyExecutive/Board Changes
Sarepta Therapeutics Announces Strategic Restructuring Plan
Neutral
Aug 13, 2025

Sarepta Therapeutics announced a strategic restructuring and pipeline prioritization, resulting in the end of Bilal Arif’s employment as Executive Vice President, Chief Technical Operations Officer, effective September 16, 2025. Arif will transition to a Special Advisor role until his employment ends and will continue as a consultant through December 31, 2025. The company has agreed to provide Arif with a severance package and consulting fees, while his equity awards will continue to vest during his consultancy. This move reflects Sarepta’s ongoing efforts to optimize its operations and focus on its core strategic objectives.

The most recent analyst rating on (SRPT) stock is a Hold with a $15.00 price target. To see the full list of analyst forecasts on Sarepta Therapeutics stock, see the SRPT Stock Forecast page.

Sarepta Therapeutics Reports Strong Revenue Growth Amid Strategic Investments
Aug 7, 2025

Sarepta Therapeutics, Inc. is a commercial-stage biopharmaceutical company specializing in RNA-targeted therapeutics and gene therapy for rare diseases, particularly Duchenne muscular dystrophy. In its latest earnings report, Sarepta Therapeutics reported a significant increase in total revenues for the second quarter of 2025, reaching $611.1 million compared to $362.9 million in the same period last year. This growth was primarily driven by the strong performance of its ELEVIDYS gene therapy product, which saw a substantial rise in sales. Despite the revenue growth, the company reported a net loss of $250.6 million for the first half of 2025, attributed to increased research and development expenses and strategic investments, including a significant upfront payment to Arrowhead Pharmaceuticals. Looking ahead, Sarepta’s management remains optimistic about its financial health, supported by its cash reserves and strategic collaborations, as it continues to focus on expanding its product pipeline and addressing safety concerns related to ELEVIDYS.

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: Nov 05, 2025