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Sanofi rated Buy with 33.5% upside, driven by Dupixent growth but faces biosimilar and lawsuit risks.

Analyst Insights
06 Aug 2026
Seeking Alpha
View Source
Bullish
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Sanofi is rated a Buy with an estimated 33.5% upside to a fair value of €99.5 per share, driven mainly by the strong growth prospects of its key drug Dupixent, which targets €25 billion in sales by 2030. However, Dupixent faces risks from biosimilar competition after 2031 and ongoing significant litigation. The company expects new pharmaceutical launches and pipeline products to offset declines in older drugs, aiming for €10 billion in sales by 2030 and potential margin expansion toward 40%. An investment strategy using a bull call spread targets about 100% returns if the stock rises 28%-29%, but position size is limited due to the litigation risks around Dupixent.

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