Tearsheet

Investment Highlights Why It Matters Detailed financial logic regarding cash flow yields vs trend-riding momentum.

0

Cash is significant % of market cap
Net D/ENet Debt/Equity. Debt net of cash. Negative indicates net cash. Equity is taken as the Market Capitalization is -29%

Megatrend and thematic drivers
Megatrends include Biotechnology & Genomics, and Precision Medicine. Themes include Gene Editing & Therapy, Targeted Therapies, Show more.

Trading close to highs
Dist 52W High is 0.0%

Meaningful short interest
Short Interest % of Basic SharesShort Interest % of Basic Shares = (Short Interest Quantity) / (Basic Shares Outstanding). A high fraction of short interest can indicate potential risk of a short squeeze. is 11%

Very low revenue
Rev LTMTotal Revenue or Sales, Last Twelve Months is 0

Not profitable at operating income level
Op Inc LTMOperating Income, Last Twelve Months is -196 Mil

Stock price has recently run up significantly
6M Rtn6 month market price return is 103%, 12M Rtn12 month market price return is 127%

Yield minus risk free rate is negative
ERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is -20%

Key risks
SLDB key risks include [1] the critical dependence on its lead Duchenne muscular dystrophy candidate, Show more.

0 Cash is significant % of market cap
Net D/ENet Debt/Equity. Debt net of cash. Negative indicates net cash. Equity is taken as the Market Capitalization is -29%
1 Megatrend and thematic drivers
Megatrends include Biotechnology & Genomics, and Precision Medicine. Themes include Gene Editing & Therapy, Targeted Therapies, Show more.
2 Trading close to highs
Dist 52W High is 0.0%
3 Meaningful short interest
Short Interest % of Basic SharesShort Interest % of Basic Shares = (Short Interest Quantity) / (Basic Shares Outstanding). A high fraction of short interest can indicate potential risk of a short squeeze. is 11%
4 Very low revenue
Rev LTMTotal Revenue or Sales, Last Twelve Months is 0
5 Not profitable at operating income level
Op Inc LTMOperating Income, Last Twelve Months is -196 Mil
6 Stock price has recently run up significantly
6M Rtn6 month market price return is 103%, 12M Rtn12 month market price return is 127%
7 Yield minus risk free rate is negative
ERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is -20%
8 Key risks
SLDB key risks include [1] the critical dependence on its lead Duchenne muscular dystrophy candidate, Show more.

SLDB in ETFs

Weight = SLDB's share of each fund

VTI0.00%
ITOT0.00%
IWM0.03%
XBI0.25%
IBB0.06%
IWN0.03%
IWO0.03%
DFAS0.02%
+4 more covered ETFs

Valuation & Metrics

Price Chart

Why The Stock Moved

Qualitative Assessment

AI Analysis | Feedback

Updated on 7/2/2026

Solid Biosciences (SLDB) stock has gained about 55% since 3/31/2026 because of the following key factors:

1. Significant advancements in the SGT-003 Duchenne muscular dystrophy program provided strong positive momentum.

Solid Biosciences dosed the first participant in its Phase 3 IMPACT DUCHENNE clinical trial in May 2026. Concurrently, SGT-003 received Orphan Drug Designation from the European Commission in April 2026, underscoring its global development pathway. These milestones followed positive interim data from the Phase 1/2 INSPIRE DUCHENNE study, reported in March 2026 and reinforced during the fiscal Q1 2026 earnings update, which continued to suggest differentiated clinical, safety, and tolerability profiles with robust microdystrophin expression.

2. A robust financial position and extended cash runway mitigated investor concerns regarding future dilution.

The company reported a strong capital position with cash, cash equivalents, and available-for-sale securities totaling $380.7 million as of March 31, 2026 (the end of fiscal Q1 2026). This cash reserve is anticipated to fund operations into the first half of 2028, largely due to a $240 million private placement completed in March 2026, which significantly extended the company's financial runway.

Show more
Updated on 7/2/2026

Solid Biosciences (SLDB) stock has gained about 55% since 3/31/2026 because of the following key factors:

1. Significant advancements in the SGT-003 Duchenne muscular dystrophy program provided strong positive momentum.

Solid Biosciences dosed the first participant in its Phase 3 IMPACT DUCHENNE clinical trial in May 2026. Concurrently, SGT-003 received Orphan Drug Designation from the European Commission in April 2026, underscoring its global development pathway. These milestones followed positive interim data from the Phase 1/2 INSPIRE DUCHENNE study, reported in March 2026 and reinforced during the fiscal Q1 2026 earnings update, which continued to suggest differentiated clinical, safety, and tolerability profiles with robust microdystrophin expression.

2. A robust financial position and extended cash runway mitigated investor concerns regarding future dilution.

The company reported a strong capital position with cash, cash equivalents, and available-for-sale securities totaling $380.7 million as of March 31, 2026 (the end of fiscal Q1 2026). This cash reserve is anticipated to fund operations into the first half of 2028, largely due to a $240 million private placement completed in March 2026, which significantly extended the company's financial runway.

3. Progress across additional pipeline programs diversified the company's therapeutic portfolio and potential for future value.

Solid Biosciences advanced its SGT-212 program for Friedreich's Ataxia, dosing the second participant in the Phase 1b FALCON clinical trial by May 2026, with the treatment demonstrating good tolerability and initial data expected in the second half of 2026. Additionally, clinical trial sites for SGT-501, targeting catecholaminergic polymorphic ventricular tachycardia (CPVT), were activated, and participant screening commenced, with the first participant dosing anticipated in the second half of 2026.

4. Favorable analyst sentiment and increased price targets boosted investor confidence.

Multiple Wall Street analysts reiterated "Buy" or "Overweight" ratings and, in some cases, increased price targets for SLDB during the period. For example, in June 2026, H.C. Wainwright & Co. raised its price target from $20 to $25, citing encouraging updates on the SGT-212 program. The stock maintained a consensus rating of "Moderate Buy" with an average price target of $17.00, implying a 56.8% upside from its price of $10.84 as of July 2, 2026.

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Stock Movement Drivers

Fundamental Drivers

The 54.9% change in SLDB stock from 3/31/2026 to 7/7/2026 was primarily driven by a 0.0% change in the company's Total Revenues ($ Mil).
(LTM values as of)33120267072026Change
Stock Price ($)7.2011.1554.9%
Change Contribution By: 
Total Revenues ($ Mil)000.0%
P/S Multiple0.0%
Shares Outstanding (Mil)95110-13.7%
Cumulative Contribution0.0%

LTM = Last Twelve Months as of date shown

Market Drivers

3/31/2026 to 7/7/2026
ReturnCorrelation
SLDB54.9% 
Market (SPY)15.0%36.5%
Sector (XLV)12.2%21.6%

Fundamental Drivers

The 97.7% change in SLDB stock from 12/31/2025 to 7/7/2026 was primarily driven by a 0.0% change in the company's Total Revenues ($ Mil).
(LTM values as of)123120257072026Change
Stock Price ($)5.6411.1597.7%
Change Contribution By: 
Total Revenues ($ Mil)000.0%
P/S Multiple0.0%
Shares Outstanding (Mil)94110-14.0%
Cumulative Contribution0.0%

LTM = Last Twelve Months as of date shown

Market Drivers

12/31/2025 to 7/7/2026
ReturnCorrelation
SLDB97.7% 
Market (SPY)9.9%31.7%
Sector (XLV)6.7%28.1%

Fundamental Drivers

The 129.0% change in SLDB stock from 6/30/2025 to 7/7/2026 was primarily driven by a 0.0% change in the company's Total Revenues ($ Mil).
(LTM values as of)63020257072026Change
Stock Price ($)4.8711.15129.0%
Change Contribution By: 
Total Revenues ($ Mil)000.0%
P/S Multiple0.0%
Shares Outstanding (Mil)66110-39.6%
Cumulative Contribution0.0%

LTM = Last Twelve Months as of date shown

Market Drivers

6/30/2025 to 7/7/2026
ReturnCorrelation
SLDB129.0% 
Market (SPY)22.0%32.4%
Sector (XLV)23.6%23.4%

Fundamental Drivers

The 112.8% change in SLDB stock from 6/30/2023 to 7/7/2026 was primarily driven by a 9.2233720368547763E17% change in the company's P/S Multiple.
(LTM values as of)63020237072026Change
Stock Price ($)5.2411.15112.8%
Change Contribution By: 
Total Revenues ($ Mil)60 
P/S Multiple16.69.2233720368547763E17%
Shares Outstanding (Mil)20110-82.2%
Cumulative Contribution0.0%

LTM = Last Twelve Months as of date shown

Market Drivers

6/30/2023 to 7/7/2026
ReturnCorrelation
SLDB112.8% 
Market (SPY)74.6%28.1%
Sector (XLV)29.7%24.1%

Return vs. Risk

Price Returns Compared

 202120222023202420252026Total [1]
Returns
SLDB Return-77%-80%14%-35%41%96%-90%
Peers Return-18%-9%-14%6%-12%11%-33%
S&P 500 Return27%-19%24%23%16%10%101%

Monthly Win Rates [3]
SLDB Win Rate8%42%42%50%50%86% 
Peers Win Rate43%47%35%45%50%49% 
S&P 500 Win Rate75%42%67%75%67%57% 

Max Drawdowns [4]
SLDB Max Drawdown-84%-80%-76%-73%-61%-30% 
Peers Max Drawdown-47%-46%-49%-41%-56%-34% 
S&P 500 Max Drawdown-5%-25%-10%-8%-19%-9% 


[1] Cumulative total returns since the beginning of 2021
[2] Peers: SRPT, PFE, DYN, RGNX, RARE.
[3] Win Rate = % of calendar months in which monthly returns were positive
[4] Max drawdown represents maximum peak-to-trough decline within a year
[5] 2026 data is for the year up to 7/7/2026 (YTD)

How Low Can It Go

EventSLDBS&P 500
2025 US Tariff Shock
  % Loss-61.1%-18.8%
  % Gain to Breakeven156.7%23.1%
  Time to Breakeven98 days79 days
Summer-Fall 2023 Five Percent Yield Shock
  % Loss-58.6%-9.5%
  % Gain to Breakeven141.3%10.5%
  Time to Breakeven41 days24 days
2023 SVB Regional Banking Crisis
  % Loss-48.1%-6.7%
  % Gain to Breakeven92.9%7.1%
  Time to Breakeven294 days31 days
2020 COVID-19 Crash
  % Loss-36.7%-33.7%
  % Gain to Breakeven58.1%50.9%
  Time to Breakeven80 days140 days

Compare to SRPT, PFE, DYN, RGNX, RARE

In The Past

Solid Biosciences's stock fell -61.1% during the 2025 US Tariff Shock. Such a loss loss requires a 156.7% gain to breakeven.

Preserve Wealth

Limiting losses and compounding gains is essential to preserving wealth.

Asset Allocation

Actively managed asset allocation strategies protect wealth. Learn more.

EventSLDBS&P 500
2025 US Tariff Shock
  % Loss-61.1%-18.8%
  % Gain to Breakeven156.7%23.1%
  Time to Breakeven98 days79 days
Summer-Fall 2023 Five Percent Yield Shock
  % Loss-58.6%-9.5%
  % Gain to Breakeven141.3%10.5%
  Time to Breakeven41 days24 days
2023 SVB Regional Banking Crisis
  % Loss-48.1%-6.7%
  % Gain to Breakeven92.9%7.1%
  Time to Breakeven294 days31 days
2020 COVID-19 Crash
  % Loss-36.7%-33.7%
  % Gain to Breakeven58.1%50.9%
  Time to Breakeven80 days140 days

Compare to SRPT, PFE, DYN, RGNX, RARE

In The Past

Solid Biosciences's stock fell -61.1% during the 2025 US Tariff Shock. Such a loss loss requires a 156.7% gain to breakeven.

Preserve Wealth

Limiting losses and compounding gains is essential to preserving wealth.

Asset Allocation

Actively managed asset allocation strategies protect wealth. Learn more.

About Solid Biosciences (SLDB)

Solid Biosciences Inc. (SLDB) is a biotechnology company solely focused on developing advanced gene therapies for Duchenne Muscular Dystrophy (DMD), a severe and progressive genetic disorder that leads to muscle degeneration. Headquartered in Cambridge, Massachusetts, the company's core mission is to create treatments that address the underlying cause of DMD by enabling the production of functional dystrophin protein in patients' muscles.

The company's lead product candidate is SGT-001, a gene transfer therapy currently in Phase I/II clinical trials, designed to deliver a gene that helps muscles produce essential dystrophin. Solid Biosciences is also advancing SGT-003, a next-generation gene transfer candidate, and invests in platform technologies such as "dual gene expression" for packaging multiple therapeutic genes into a single viral vector, alongside developing novel capsids to improve gene delivery efficiency.

Solid Biosciences primarily serves the market of patients afflicted with Duchenne Muscular Dystrophy. To accelerate its development efforts and expand its potential reach, the company has entered into a significant collaboration and license agreement with Ultragenyx Pharmaceutical Inc. This partnership is geared towards the joint development and commercialization of new gene therapies specifically for Duchenne Muscular Dystrophy, aiming to bring innovative solutions to this high-unmet-need patient population.

AI Analysis | Feedback

  • It's like CRISPR Therapeutics, but solely dedicated to developing gene therapies for Duchenne Muscular Dystrophy.
  • Imagine an early-stage Gilead Sciences, aiming to bring transformative gene therapies to Duchenne Muscular Dystrophy patients.

AI Analysis | Feedback

```html
  • SGT-001: A gene transfer candidate currently in Phase I/II clinical trials for treating Duchenne muscular dystrophy.
  • SGT-003: A next-generation gene transfer candidate designed for the treatment of Duchenne muscular dystrophy.
  • Dual Gene Expression Technology: A platform technology that enables packaging multiple transgenes into a single vector for gene therapy.
  • Novel Capsid Platform: A platform technology focused on developing new capsids for improved gene transfer.
```

AI Analysis | Feedback

Solid Biosciences Inc. (SLDB) primarily operates in the research and development phase for therapies related to Duchenne Muscular Dystrophy. Their lead product candidates are in clinical trials, meaning they are not yet selling commercial products directly to individuals (patients) or hospitals.

Based on the provided information, Solid Biosciences' major customer is another company with whom they have a collaboration and license agreement.

  • Ultragenyx Pharmaceutical Inc. (Symbol: RARE)

Ultragenyx Pharmaceutical Inc. is collaborating with and licensing technology from Solid Biosciences to develop and commercialize new gene therapies for Duchenne Muscular Dystrophy, making them a key partner and, in essence, a primary "customer" for Solid Biosciences' intellectual property and development efforts at this stage.

AI Analysis | Feedback

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AI Analysis | Feedback

Bo Cumbo, President and CEO

Bo Cumbo was appointed President and Chief Executive Officer of Solid Biosciences in December 2022. Prior to this role, he served as President and CEO of AavantiBio, a company acquired by Solid Biosciences in September 2022. The acquisition of AavantiBio by Solid Biosciences was notably anchored by a group of institutional investors, including private equity firms such as Perceptive Advisors, Bain Capital Life Sciences, RA Capital Management, Invus, and Vestal Point Capital. Following the acquisition, Adam Koppel, a managing director at Bain Capital Life Sciences, joined Solid's board of directors. Ian Smith, a member of Solid Biosciences' board, also acts as a senior advisor to Bain Capital Life Sciences.

Kevin Tan, Chief Financial Officer

Kevin Tan was appointed Chief Financial Officer of Solid Biosciences in January 2023. Before joining Solid Biosciences, Mr. Tan served as CFO at Selecta Biosciences. His prior experience also includes a role as Treasurer at Sarepta Therapeutics. Earlier in his career, Mr. Tan had an extensive background in financial services, most recently as a Senior Portfolio Manager at CPP Investments, where he managed billions in capital across public markets.

Jessie Hanrahan, Ph.D., Chief Regulatory & Preclinical Operations Officer

Jessie Hanrahan serves as the Chief Regulatory & Preclinical Operations Officer at Solid Biosciences.

Ty Howton, Chief Operating Officer

Ty Howton is the Chief Operating Officer at Solid Biosciences. He previously held the position of Chief Administrative Officer for the company.

Dr. Gabriel Brooks, M.D., Chief Medical Officer

Dr. Gabriel Brooks serves as the Chief Medical Officer for Solid Biosciences.

AI Analysis | Feedback

Solid Biosciences Inc. (SLDB) faces several significant risks inherent to its position as a clinical-stage biotechnology company focused on gene therapies, particularly for Duchenne Muscular Dystrophy (DMD).

Key Risks to Solid Biosciences (SLDB)

  1. Clinical Trial Failure and Safety Concerns: The most substantial risk to Solid Biosciences is the potential for its lead gene therapy candidates, SGT-001 and SGT-003, to fail in ongoing or future clinical trials. As a development-stage company, Solid Biosciences' entire valuation and future prospects are predicated on the successful translation of early-stage data into marketable products. Failure to demonstrate sufficient efficacy or an acceptable safety profile in later-stage trials, or the inability to replicate positive interim results, would be a critical setback. Gene therapies for DMD are particularly challenging due to factors such as gene size, the multitude of mutations causing the disease, the efficacy of genetic structure delivery, and significant concerns regarding patient immune responses to both the transgene and the viral vector, which can undermine treatment benefits or lead to serious adverse events, including fatalities.
  2. Regulatory Approval Uncertainty: Even if Solid Biosciences' product candidates achieve positive clinical trial outcomes, there is no guarantee that they will receive marketing approval from regulatory bodies such as the U.S. Food and Drug Administration (FDA). The regulatory pathway for novel gene therapies, especially for a complex disease like DMD, is intricate and can be unpredictable. Delays, disruptions, or unfavorable decisions from regulatory agencies, including the denial of accelerated approval pathways that the company is pursuing for SGT-003, could significantly prolong development timelines and impact the company's ability to commercialize its therapies.
  3. Intense Competition and Single-Disease Focus in DMD: Solid Biosciences operates in a highly competitive landscape for DMD therapies. Numerous other companies are actively developing gene therapies and other treatments for Duchenne muscular dystrophy. While Solid Biosciences has initiated programs in other neuromuscular and cardiac diseases, its primary focus and the bulk of its pipeline are concentrated on DMD. The emergence of a more effective, safer, or more competitively priced therapy from a competitor, or an evolving understanding of DMD pathogenesis that renders their approach less favorable, could severely limit the market potential and commercial success of Solid Biosciences' candidates, even if they are approved.

AI Analysis | Feedback

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AI Analysis | Feedback

The addressable market for Solid Biosciences' main products, SGT-001 and SGT-003, which are gene therapies for Duchenne Muscular Dystrophy (DMD), can be estimated by the overall Duchenne Muscular Dystrophy treatment market. The global Duchenne Muscular Dystrophy treatment market was valued at approximately USD 4.63 billion in 2025 and is projected to reach USD 19.18 billion by 2034, growing at a Compound Annual Growth Rate (CAGR) of 17.1% during the forecast period from 2026 to 2034. Another estimate places the global market at USD 4.79 billion in 2025, expanding to approximately USD 19.46 billion by 2034, with a CAGR of 16.85% from 2025 to 2034. Furthermore, the market size is estimated at USD 4.07 billion in 2025 and is expected to reach USD 9.78 billion by 2030, at a CAGR of 19.13% during the forecast period (2025-2030). Regionally, North America is a dominant force in the Duchenne Muscular Dystrophy treatment market, holding a 43.4% share in 2025. The United States is anticipated to maintain its leading position in the market across the seven major markets (7MM: US, France, Germany, Italy, Spain, the UK, and Japan), commanding an estimated 84.8% of the total market share by 2033. Molecular therapies, which include gene therapy, represent a significant segment within the DMD treatment market, holding approximately a 42% market share. By 2033, gene therapies alone are projected to contribute $821 million to the DMD market across the 7MM. For Solid Biosciences' specific product candidate, SGT-003, the annual revenue is expected to reach $255 million in the U.S. by 2040.

AI Analysis | Feedback

Expected Drivers of Future Revenue Growth for Solid Biosciences (SLDB) Over the Next 2-3 Years:

  1. Advancement of SGT-003 for Duchenne Muscular Dystrophy (DMD): Solid Biosciences' lead gene therapy candidate, SGT-003, is a primary driver. The company is actively progressing SGT-003 through clinical development, having recently provided positive interim clinical data from its Phase 1/2 INSPIRE DUCHENNE trial, showing robust microdystrophin expression and a favorable safety profile in 40 participants. Key near-term milestones include ongoing discussions with the U.S. Food and Drug Administration (FDA) in the first half of 2026 to align on a potential accelerated approval pathway, with an update expected mid-year 2026. Additionally, Solid Biosciences has initiated the Phase 3 IMPACT DUCHENNE trial outside the U.S., with the first participant dosing expected in the first quarter of 2026. Positive regulatory outcomes and continued clinical progress with SGT-003 could lead to significant milestone payments from partners and enhance the company's valuation, paving the way for eventual commercialization.
  2. Expansion and Monetization of the AAV-SLB101 Capsid Platform: Solid Biosciences' proprietary next-generation capsid, AAV-SLB101 (used in SGT-003), represents a valuable platform technology with broad application potential. The company has already executed over 50 agreements, including licenses, with various corporations, institutions, and academic labs for the use of AAV-SLB101. Continued expansion of these licensing agreements and potential future sublicensing or collaboration opportunities based on this technology are expected to generate revenue through upfront payments, milestone fees, and potentially royalties.
  3. Progression of Additional Pipeline Programs: Beyond DMD, Solid Biosciences is advancing other gene therapy candidates for rare neuromuscular and cardiac diseases. These include SGT-212 for Friedreich's Ataxia (FA), which dosed its first participant in the Phase 1b FALCON trial in January 2026, with initial data anticipated in the second half of 2026. Furthermore, SGT-501 for Catecholaminergic Polymorphic Ventricular Tachycardia (CPVT) has activated clinical trial sites for its Phase 1b ARTEMIS trial, with participant screening underway. Positive clinical data and further advancement of these programs within the next 2-3 years could attract new partnerships, trigger additional development milestone payments, and diversify the company's potential revenue streams.

AI Analysis | Feedback

Share Issuance

  • Solid Biosciences announced a private placement in March 2026, expecting to raise approximately $240 million from the sale of 14,973,257 common shares and pre-funded warrants for up to 27,807,482 shares.
  • In February 2025, the company priced an underwritten offering, which was expected to generate approximately $200 million in gross proceeds through the sale of 35,739,810 shares of common stock and 13,888,340 pre-funded warrants.

Inbound Investments

  • In October 2020, Ultragenyx Pharmaceutical Inc. made a $40 million equity investment in Solid Biosciences, purchasing roughly 7.8 million shares at a premium of nearly 50% over the stock's closing price.
  • The collaboration with Ultragenyx also includes potential cumulative milestone payments of up to $255 million per product, along with tiered royalties on worldwide net sales, upon the achievement of specified milestone events.
  • The $240 million private placement in March 2026 saw participation from both existing and new institutional investors, including prominent names such as Perceptive Advisors, Bain Capital Life Sciences, and RA Capital Management.

Capital Expenditures

  • Capital expenditures for Solid Biosciences were reported at -$792,000 in the last 12 months, contributing to a free cash flow of -$133.17 million.
  • The company's trailing twelve months (TTM) Capital Expenditures percentage is 0%.

Latest Trefis Analyses

TitleDate
0DASHBOARDS 
1Solid Biosciences Earnings Notes12/16/2025
Title
0ARTICLES

Recent Active Movers

Peer Comparisons

Peers to compare with:

Financials

SLDBSRPTPFEDYNRGNXRAREMedian
NameSolid Bi.Sarepta .Pfizer Dyne The.RegenxbioUltragen. 
Mkt Price11.1519.7924.0723.8315.0235.8721.81
Mkt Cap1.22.1137.03.90.83.62.8
Rev LTM02,18463,314088670379
Op Inc LTM-196115,508-471-257-561-227
FCF LTM-1731089,483-462-236-508-205
FCF 3Y Avg-124-4148,603-335-174-488-255
CFO LTM-17217511,984-442-234-497-203
CFO 3Y Avg-123-30211,517-327-170-465-236

Growth & Margins

SLDBSRPTPFEDYNRGNXRAREMedian
NameSolid Bi.Sarepta .Pfizer Dyne The.RegenxbioUltragen. 
Rev Chg LTM--2.2%1.4%--44.0%13.5%-0.4%
Rev Chg 3Y Avg-33.6%-9.2%-5.3%20.7%13.0%
Rev Chg Q--1.9%5.4%--92.8%-2.2%-2.0%
QoQ Delta Rev Chg LTM--0.6%1.2%--48.5%-0.4%-0.5%
Op Inc Chg LTM-37.5%100.9%3.1%-18.6%-63.1%-9.2%-13.9%
Op Inc Chg 3Y Avg-25.1%53.7%203.9%-38.4%-8.4%5.1%-1.7%
Op Mgn LTM-0.0%24.5%--292.3%-83.8%-41.9%
Op Mgn 3Y Avg--4.0%17.3%--232.3%-100.7%-52.3%
QoQ Delta Op Mgn LTM-30.0%-0.7%--197.7%-4.2%-2.5%
CFO/Rev LTM-8.0%18.9%--266.2%-74.2%-33.1%
CFO/Rev 3Y Avg--18.2%18.9%--180.8%-85.1%-51.6%
FCF/Rev LTM-5.0%15.0%--269.2%-75.9%-35.4%
FCF/Rev 3Y Avg--24.3%14.0%--184.6%-89.6%-56.9%

Valuation

SLDBSRPTPFEDYNRGNXRAREMedian
NameSolid Bi.Sarepta .Pfizer Dyne The.RegenxbioUltragen. 
Mkt Cap1.22.1137.03.90.83.62.8
P/S-1.02.2-9.05.43.8
P/Op Inc-6.21,984.48.8-8.3-3.1-6.4-4.7
P/EBIT-6.326.012.9-8.9-3.2-6.7-4.8
P/E-6.431.918.3-8.7-2.7-5.9-4.3
P/CFO-7.111.911.4-8.9-3.4-7.3-5.3
Total Yield-15.7%3.1%12.6%-11.5%-36.8%-16.9%-13.6%
Dividend Yield0.0%0.0%7.1%0.0%0.0%0.0%0.0%
FCF Yield 3Y Avg-27.9%-4.0%5.7%-17.7%-32.7%-16.6%-17.1%
D/E0.00.50.50.00.10.00.1
Net D/E-0.30.20.4-0.2-0.1-0.1-0.1

Returns

SLDBSRPTPFEDYNRGNXRAREMedian
NameSolid Bi.Sarepta .Pfizer Dyne The.RegenxbioUltragen. 
1M Rtn66.4%25.7%-7.6%39.8%147.0%63.7%51.8%
3M Rtn44.1%-14.3%-9.7%31.2%70.7%54.9%37.6%
6M Rtn103.1%-11.5%-2.2%31.5%5.9%59.1%18.7%
12M Rtn127.1%14.3%2.0%191.3%78.2%-9.4%46.2%
3Y Rtn111.6%-81.8%-18.4%116.8%-22.9%-19.5%-18.9%
1M Excs Rtn55.1%19.8%-5.2%30.5%119.4%54.9%42.7%
3M Excs Rtn30.6%-26.7%-25.6%16.4%57.2%43.4%23.5%
6M Excs Rtn95.2%-16.5%-10.6%19.4%1.3%42.6%10.3%
12M Excs Rtn109.5%-11.0%-18.0%152.5%54.7%-28.6%21.9%
3Y Excs Rtn44.6%-153.0%-90.4%57.8%-94.9%-93.8%-92.1%

Comparison Analyses

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Financials

Segment Financials

Revenue by Segment
$ Mil202320222021
Developing treatments through gene therapy and other means for patients with neuromuscular and0814
Total0814


Net Income by Segment
$ Mil20252024
Developing treatments through gene therapy and other means for patients with neuromuscular and-174-125
Total-174-125


Assets by Segment
$ Mil20242023202220212020
Developing treatments through gene therapy and other means for patients with neuromuscular and189165260232171
Total189165260232171


Price Behavior

Price Behavior
Market Price$11.15 
Market Cap ($ Bil)1.2 
First Trading Date01/26/2018 
Distance from 52W High0.0% 
   50 Days200 Days
DMA Price$7.52$6.49
DMA Trendupup
Distance from DMA48.2%71.9%
 3M1YR
Volatility70.6%80.8%
Downside Capture85.53162.61
Upside Capture179.44223.34
Correlation (SPY)37.1%32.6%
SLDB Betas & Captures as of 6/30/2026

 1M2M3M6M1Y3Y
Beta1.622.052.191.922.111.89
Up Beta5.554.543.443.763.631.62
Down Beta2.791.711.00-0.560.821.69
Up Capture213%268%252%393%446%1777%
Bmk +ve Days11244067140429
Stock +ve Days13263865124344
Down Capture-163%56%147%149%146%112%
Bmk -ve Days10172358112321
Stock -ve Days8152458120393

[1] Upside and downside betas calculated using positive and negative benchmark daily returns respectively
Based On 1-Year Data
Annualized
Return
Annualized
Volatility
Sharpe
Ratio
Correlation
with SLDB
SLDB127.8%80.8%1.36-
Sector ETF (XLV)23.0%15.7%1.1324.8%
Equity (SPY)20.7%12.5%1.2232.4%
Gold (GLD)23.0%27.8%0.7319.3%
Commodities (DBC)22.9%18.6%0.97-3.1%
Real Estate (VNQ)13.6%13.8%0.6814.6%
Bitcoin (BTCUSD)-41.8%42.8%-1.1421.4%

Smart multi-asset allocation framework can stack odds in your favor. Learn How
Based On 5-Year Data
Annualized
Return
Annualized
Volatility
Sharpe
Ratio
Correlation
with SLDB
SLDB-28.2%92.5%0.04-
Sector ETF (XLV)7.1%14.9%0.2921.4%
Equity (SPY)13.3%17.1%0.6024.8%
Gold (GLD)17.8%18.3%0.796.3%
Commodities (DBC)7.6%19.5%0.292.4%
Real Estate (VNQ)3.1%18.9%0.0623.2%
Bitcoin (BTCUSD)13.2%53.5%0.4312.6%

Smart multi-asset allocation framework can stack odds in your favor. Learn How
Based On 10-Year Data
Annualized
Return
Annualized
Volatility
Sharpe
Ratio
Correlation
with SLDB
SLDB-29.0%108.9%0.19-
Sector ETF (XLV)10.9%16.6%0.5418.8%
Equity (SPY)15.7%17.9%0.7521.6%
Gold (GLD)11.6%16.1%0.595.4%
Commodities (DBC)6.2%18.0%0.274.3%
Real Estate (VNQ)5.6%20.7%0.2319.6%
Bitcoin (BTCUSD)57.9%66.2%0.986.3%

Smart multi-asset allocation framework can stack odds in your favor. Learn How

Short Interest

Short Interest: As Of Date6152026
Short Interest: Shares Quantity11.6 Mil
Short Interest: % Change Since 531202620.9%
Average Daily Volume1.3 Mil
Days-to-Cover Short Interest8.8 days
Basic Shares Quantity109.8 Mil
Short % of Basic Shares10.6%

Earnings Returns History

Updated 6/2/2026
Expand for More
 Forward Returns
Earnings Date1D Returns5D Returns21D Returns
11/3/2025-15.3%-20.2%13.8%
2/18/202531.5%38.5%22.3%
1/8/20247.6%39.4%34.4%
1/9/20232.6%15.4%32.6%
8/11/20223.6%14.5%-10.8%
4/27/2022-17.0%-30.1%-34.4%
1/10/2022-3.2%-11.4%-29.1%
8/16/20212.8%2.8%4.8%
...
SUMMARY STATS   
# Positive666
# Negative555
Median Positive3.2%14.9%18.1%
Median Negative-17.0%-20.2%-29.1%
Max Positive31.5%39.4%34.4%
Max Negative-32.4%-40.5%-44.3%
Collapse to Preview
 Forward Returns
Earnings Date1D Returns5D Returns21D Returns
11/3/2025-15.3%-20.2%13.8%
2/18/202531.5%38.5%22.3%
1/8/20247.6%39.4%34.4%
1/9/20232.6%15.4%32.6%
8/11/20223.6%14.5%-10.8%
4/27/2022-17.0%-30.1%-34.4%
1/10/2022-3.2%-11.4%-29.1%
8/16/20212.8%2.8%4.8%
5/14/2021-21.4%-13.7%-7.4%
3/15/2021-32.4%-40.5%-44.3%
11/5/20200.0%0.6%12.0%
SUMMARY STATS   
# Positive666
# Negative555
Median Positive3.2%14.9%18.1%
Median Negative-17.0%-20.2%-29.1%
Max Positive31.5%39.4%34.4%
Max Negative-32.4%-40.5%-44.3%

SEC Filings

Expand for More
Report DateFiling DateFiling
03/31/202605/12/202610-Q
12/31/202503/19/202610-K
09/30/202511/03/202510-Q
06/30/202508/12/202510-Q
03/31/202505/15/202510-Q
12/31/202403/06/202510-K
09/30/202411/06/202410-Q
06/30/202408/13/202410-Q
03/31/202405/15/202410-Q
12/31/202303/13/202410-K
09/30/202311/08/202310-Q
06/30/202308/14/202310-Q
03/31/202305/11/202310-Q
12/31/202203/23/202310-K
09/30/202211/10/202210-Q
06/30/202208/11/202210-Q
Collapse to Preview
Report DateFiling DateFiling
03/31/202605/12/202610-Q
12/31/202503/19/202610-K
09/30/202511/03/202510-Q
06/30/202508/12/202510-Q
03/31/202505/15/202510-Q
12/31/202403/06/202510-K
09/30/202411/06/202410-Q
06/30/202408/13/202410-Q
03/31/202405/15/202410-Q
12/31/202303/13/202410-K
09/30/202311/08/202310-Q
06/30/202308/14/202310-Q
03/31/202305/11/202310-Q
12/31/202203/23/202310-K
09/30/202211/10/202210-Q
06/30/202208/11/202210-Q
03/31/202204/27/202210-Q
12/31/202103/14/202210-K
09/30/202111/03/202110-Q
06/30/202108/16/202110-Q
03/31/202105/14/202110-Q
12/31/202003/15/202110-K
09/30/202011/05/202010-Q
06/30/202008/06/202010-Q
03/31/202005/07/202010-Q
12/31/201903/12/202010-K
09/30/201911/12/201910-Q
06/30/201908/14/201910-Q

Insider Activity

Updated 6/11/2026
Expand for More
#OwnerTitleHoldingActionFiling DatePriceSharesTransacted
Value
Value of
Held Shares
Form
1Cumbo, AlexanderPresident and CEODirectSell21820265.8216,64496,9231,370,834Form
2Hanrahan, JessieChief Regulatory OfficerDirectSell21820265.824,13424,074432,776Form
3Ganot, Ilan WifeSell21820265.822,65815,478159,989Form
4Herzich, PaulChief Technology OfficerDirectSell21820265.823,61621,057422,993Form
5Howton, David TChief Operating OfficerDirectSell21820265.827,46943,494611,895Form
Collapse to Preview
#OwnerTitleHoldingActionFiling DatePriceSharesTransacted
Value
Value of
Held Shares
Form
1Cumbo, AlexanderPresident and CEODirectSell21820265.8216,64496,9231,370,834Form
2Hanrahan, JessieChief Regulatory OfficerDirectSell21820265.824,13424,074432,776Form
3Ganot, Ilan WifeSell21820265.822,65815,478159,989Form
4Herzich, PaulChief Technology OfficerDirectSell21820265.823,61621,057422,993Form
5Howton, David TChief Operating OfficerDirectSell21820265.827,46943,494611,895Form
6Brooks, GabrielChief Medical OfficerDirectSell21820265.820  Form
7Tan, KevinCFO & TreasurerDirectSell21820265.825,40431,469578,964Form
8Howton, David TChief Operating OfficerDirectSell20620266.4418,894121,713630,398Form
9Cumbo, AlexanderPresident and CEODirectSell20620266.4448,913315,0931,430,218Form
10Ganot, Ilan WifeSell20620266.447,20546,414162,793Form
11Tan, KevinCFO & TreasurerDirectSell20620266.4414,78395,231606,833Form
12Brooks, GabrielChief Medical OfficerDirectSell20620266.4412,61681,271541,712Form
13Hanrahan, JessieChief Regulatory OfficerDirectSell20620266.4412,34879,545453,040Form
14Herzich, PaulChief Technology OfficerDirectSell20620266.4410,90570,249444,923Form
15Tan, KevinCFO & TreasurerDirectSell20220266.4426,837172,747701,519Form
16Cumbo, AlexanderPresident and CEODirectSell20220266.4480,258516,6131,743,956Form
17Hanrahan, JessieChief Regulatory OfficerDirectSell20220266.4426,535170,803532,171Form
18Brooks, GabrielChief Medical OfficerDirectSell20220266.4428,335182,390622,500Form
19Howton, David TChief Operating OfficerDirectSell20220266.4437,771243,128751,527Form
20Herzich, PaulChief Technology OfficerDirectSell20220266.4426,250168,969514,772Form
21Ganot, Ilan WifeSell12920266.591911,259115,167Form
22Tan, KevinCFO & TreasurerDirectSell11320265.275,70430,060242,947Form
23Ganot, Ilan WifeSell10620265.431,0535,71893,820Form
24Howton, David TChief Operating OfficerDirectSell120420255.114,93225,203168,160Form
25Cumbo, AlexanderPresident and CEODirectSell120420255.1110,80855,229415,893Form
26Hanrahan, JessieChief Regulatory OfficerDirectSell120420255.114,48322,908136,233Form
27Herzich, PaulChief Technology OfficerDirectSell120420255.112,70113,802136,038Form
28Ganot, Ilan DirectSell111320254.123,27813,505393,097Form
29Brooks, GabrielChief Medical OfficerDirectSell102120255.962,89517,254201,561Form
Core Cache Last Updated: 7/7/2026