Overview
* Solid Biosciences reports Q2 2025 net loss of $39.5 mln, up from Q2 2024
* R&D expenses rose due to increased costs for SGT-003 program
* Company ended Q2 2025 with $268.1 mln in cash, runway into H1 2027
Outlook
* Company to discuss SGT-003 regulatory pathways with FDA in Q4 2025
* Company expects SGT-212 Phase 1b trial initiation in Q4 2025
* SGT-501 Phase 1b trial initiation expected in Q4 2025
* Solid anticipates cash runway into H1 2027
Result Drivers
* INCREASED R&D EXPENSES - R&D expenses rose due to manufacturing, regulatory, and clinical costs for SGT-003
* CASH POSITION - Company ended Q2 with $268.1 mln in cash
Key Details
Metric Beat/Mis Actual Consensu
s s
Estimate
Q2 EPS -$0.42
Q2 Net -$39.50
Income mln
Analyst Coverage
* The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 13 "strong buy" or "buy", no "hold" and no "sell" or "strong sell"
* The average consensus recommendation for the biotechnology & medical research peer group is "buy"
* Wall Street's median 12-month price target for Solid Biosciences Inc ( SLDB ) is $16.00, about 62% above its August 11 closing price of $6.08
Press Release:
(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)