REGN Earnings Predictions — 2026-07-30

Ticker Report or Guide KPI Prediction Answer Confidence
REGN Report Total Revenue IN-LINE pred ~$3.85B vs. cons $3.82B MEDIUM
REGN Report Non-GAAP EPS MISS pred ~$9.55 vs. cons $10.13 MEDIUM
REGN Report Global Dupixent Net Sales BEAT pred ~$5.40B vs. cons $5.30B MEDIUM
REGN Guide FY2026 GAAP Gross Margin Guidance LOWER guide ~76.5% vs. cons 77.5% (FY2026) MEDIUM
REGN Guide EYLEA HD Sequential Unit Demand Growth Outlook UNCHANGED guide ~10% vs. cons 10% (Q3 2026) MEDIUM
REGN Guide Sanofi Collaboration Revenue Step-Up Timing UNCHANGED guide ~full profit-share step-up starting Q3'26 vs. cons full step-up Q3'26 (Q3 2026) LOW
REGN Return Day-1 residual (stock − beta × S&P 500) -2.0% MEDIUM
REGN Return 5-day cumulative residual -3.2% (FOLLOW-THROUGH) A soft non-GAAP EPS print (margin pressure persisting beyond the pre-flagged $1.00 IPR&D charge, Limerick normalization slower than hoped) forces analysts to trim FY26/FY27 EPS and gross-margin assumptions even if revenue and Dupixent beat, since the out-period math (lower exit-rate margins + unresolved EYLEA HD PFS timeline + Apogee/AbbVie competitive overhang + fianlimab litigation risk) outweighs a single quarter's top-line beat, driving continued negative revisions and price drift over the following days rather than a bounce-back. MEDIUM