Sarepta Therapeutics Inc (NASDAQ:SRPT) is one of the best gene therapy stocks to buy in 2026. Sarepta’s Q1 2026 report, released on May 6, showed that both earnings and revenue surpassed analysts’ expectations. Adjusted EPS of $3.16 smashed the expectation of $0.99, and revenue of $730.8 million exceeded the anticipated $474.3 million.
During the quarter, Sarepta’s flagship gene therapy drug, Elevidys, launched in Japan. The drug’s commercial launch in Japan earned Sarepta $40 million in milestone payments in Q1 under a deal with Roche.
However, Elevidys sales have come under pressure due to safety concerns that led Sarepta to update the drug’s label. In Q1, Elevidys revenue dropped to $102 million from $110 million in the previous quarter. The management attributed the revenue decline to lower Elevidys volume sales following the label update.
That said, Sarepta is rebuilding confidence in Elevidys and expects momentum to pick up gradually beginning in the back half of 2026 into 2027. Sarepta says that Elevidys is the only FDA-approved gene therapy for Duchenne muscular dystrophy (DMD), and the drug is backed by long-term data. According to the company, there remains a large eligible population that could use Elevidys, so it sees a substantial multi-year opportunity for the drug ahead.
Sarepta Therapeutics Inc (NASDAQ:SRPT) is a medical research and drug development company based in Massachusetts. Its specialty is precision genetic medicines for rare diseases. Sarepta develops its products using gene therapy, gene editing, and RNA technologies.
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