5 Best Performing Healthcare Stocks So Far in 2026

1. Veradermics, Incorporated (NYSE:MANE)

YTD Share Price Gain: 204.1%

Veradermics, Incorporated (NYSE:MANE) is one of the best performing healthcare stocks so far in 2026. On April 27, Citi lifted the price target on Veradermics, Incorporated (NYSE:MANE) to $120 from $85, reaffirming a Buy rating on the shares. The rating update came after the company announced positive topline results from Part A of its Phase 2/3 trial evaluating VDPHL01 in male pattern hair loss. The firm stated that the data “exceeded our base-case bar across all endpoints”, adding that the safety profile was clean. Citi lifted its view of the odds of success to 75%, and now models 2035 risk-adjusted peak sales of $3 billion, up from the previous $2 billion.

Veradermics, Incorporated (NYSE:MANE) announced on April 27 positive topline results from Part A of its randomized, double-blind, placebo-controlled Phase 2/3 clinical trial evaluating VDPHL01 in over 500 males with mild-to-moderate pattern hair loss. VDPHL01 is a proprietary extended-release oral minoxidil formulation, and Veradermics, Incorporated (NYSE:MANE) believes that the result positions the formulation to potentially become the first FDA-approved oral pill for pattern hair loss in nearly 30 years, as well as a potential best-in-indication treatment option for the 50 million men with pattern hair loss in the United States.

Veradermics, Incorporated (NYSE:MANE) is a late clinical-stage biopharmaceutical company with a focus on developing innovative therapeutics to address pervasive treatment challenges in highly prevalent dermatological and aesthetic conditions.

While we acknowledge the potential of MANE to grow, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than MANE and that has 100x upside potential, check out our report about the cheapest AI stock.

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