Exelixis Inc

Exelixis Inc Stock Forecast & Price Prediction

Live Exelixis Inc Stock (EXEL) Price
$35.17

22

Ratings

  • Buy 14
  • Hold 6
  • Sell 2
Disclaimer : Analyst ratings and price forecasts are sourced from Wall St analysts and other experts. These projections are speculative and do not guarantee future stock performance. This information is for educational purposes only and should not be construed as advice to buy or sell any security.

Stock Price

$35.17

P/E Ratio

23.11

Volume Traded Today

$1.7M

Dividend

Dividends not available for EXEL

52 Week High/low

36.97/19.20

Exelixis Inc Market Cap

$10.23B

๐Ÿ›‘ Alert: These ten stocks could have higher potential than $EXEL ๐Ÿ›‘

Before you buy EXEL you'll want to see this list of ten stocks that have huge potential. Want to see if EXEL made the cut? Enter your email below

EXEL Summary

The Exelixis Inc (EXEL) share price is expected to decrease by 8.85% over the next year. This is based on calculating the average 12-month share price estimate provided by 22 stock analysts who have covered EXEL. Price targets range from $18.9 at the low end to $38 at the high end. The current analyst consensus for EXEL is a buy. Please note analyst price targets are not guaranteed and could be missed completely.

EXEL Analyst Ratings

About 22 Wall Street analysts have assignedEXEL 14 buy ratings, 6 hold ratings, and 2 sell ratings. This means that analysts expect Exelixis Inc to buy. Keep in mind that these ratings are typically refreshed every quarter, underscoring the importance of conducting your own research on EXEL. Don't forget to include both technical and fundamental analysis, as well as staying informed on news that could influence these ratings, in your due diligence.

EXEL stock forecast by analyst

These are the latest 20 analyst ratings of EXEL.

Analyst/Firm

Rating

Price Target

Change

Date

Derek Archila
Wells Fargo

Overweight

$36

Maintains

Oct 30, 2024
Gregory Renza
RBC Capital

Outperform

$34

Reiterates

Oct 30, 2024
Asthika Goonewardene
Truist Securities

Buy

$38

Maintains

Oct 30, 2024
Sudan Loganathan
Stephens & Co.

Equal-Weight

$29

Maintains

Oct 30, 2024
Joseph Catanzaro
Piper Sandler

Overweight

$36

Maintains

Oct 30, 2024
Etzer Darout
BMO Capital

Outperform

$36

Maintains

Oct 30, 2024
Michael Schmidt
Guggenheim

Buy

$33

Maintains

Oct 30, 2024
Yaron Werber
TD Cowen

Buy

$34

Maintains

Oct 21, 2024
Silvan Tuerkcan
JMP Securities

Market Outperform

$34

Maintains

Oct 16, 2024
Stephen Willey
Stifel

Hold

$30

Maintains

Oct 16, 2024
Gregory Renza
RBC Capital

Outperform

$34

Maintains

Oct 16, 2024
Jason Gerberry
B of A Securities

Buy

$32

Maintains

Oct 15, 2024
Silvan Tuerkcan
JMP Securities

Market Outperform

$29

Reiterates

Oct 11, 2024
Jefferson Harralson
Morgan Stanley

Equal-Weight

$28

Maintains

Oct 11, 2024
Gregory Renza
RBC Capital

Outperform

$30

Maintains

Oct 4, 2024
Gregory Renza
RBC Capital

Outperform

$27

Reiterates

Sep 26, 2024
Silvan Tuerkcan
JMP Securities

Market Outperform

$29

Reiterates

Sep 20, 2024
Ashwani Verma
UBS

Neutral

$30

Initiates

Sep 19, 2024
Robert Burns
HC Wainwright & Co.

Buy

$29

Reiterates

Sep 18, 2024
Asthika Goonewardene
Truist Securities

Buy

$33

Reiterates

Aug 8, 2024

EXEL Company Information

What They Do: Develops innovative cancer treatments and therapies.

Business Model: The company primarily generates revenue through the commercialization of its oncology products, including CABOMETYX and COMETRIQ, which are used to treat specific types of cancers. It also engages in research collaborations and licensing agreements with major pharmaceutical companies, enhancing its product pipeline and revenue potential.

Other Information: Exelixis focuses on difficult-to-treat cancers and has a robust pipeline that includes next-generation therapies like zanzalintinib and XB002. The company has established partnerships with notable firms such as Merck & Co., Takeda, and Bristol-Myers Squibb, which may bolster its market presence and innovation capabilities. Founded in 1994 and based in Alameda, California, Exelixis has a strategic focus on expanding its oncology portfolio.
EXEL
Exelixis Inc (EXEL)

When did it IPO

2000

Staff Count

1,310

Country

United States

Sector/Industry

Healthcare/Biotechnology

CEO

Dr. Michael M. Morrissey Ph.D.

Market Cap

$10.23B

Exelixis Inc (EXEL) Financial Data

In 2023, EXEL generated $1.83B in revenue, which was a increase of 13.60% from the previous year. This can be seen as a signal that EXEL's business is growing, and its share price could be worth more in the future. However, if the company grows faster (or slower) than expected, this could also have a major impact on the future share price.

Revenue From 2020

$987.5M

Revenue From 2021

$1.43B

45.31 %
From Previous Year

Revenue From 2022

$1.61B

12.27 %
From Previous Year

Revenue From 2023

$1.83B

13.60 %
From Previous Year
  • Revenue TTM $2.08B
  • Operating Margin TTM 34.8%
  • Gross profit TTM $1.76B
  • Return on assets TTM 12.8%
  • Return on equity TTM 20.2%
  • Profit Margin 22.4%
  • Book Value Per Share 7.96%
  • Market capitalisation $10.23B
  • Revenue for 2021 $1.43B
  • Revenue for 2022 $1.61B
  • Revenue for 2023 $1.83B
  • EPS this year (TTM) $1.55

Exelixis Inc (EXEL) Latest News

News Image

Mon, 09 Dec 2024

Sentiment - POSITIVE

Source - Zacks Investment Research

Summary - Exelixis (EXEL) demonstrates above-average financial growth, indicating a strong potential to outperform the market.

Why It Matters - Exelixis's above-average financial growth suggests potential for higher returns, making it an attractive investment opportunity compared to market peers.

News Image

Sat, 07 Dec 2024

Sentiment - POSITIVE

Source - The Motley Fool

Summary - In 2024, the SPDR S&P Biotech ETF has gained 9%, underperforming the S&P 500's 28% increase, indicating a lag in the biotech sector relative to the broader market.

Why It Matters - The biotech sector's underperformance signals potential investment opportunities, as it may rebound, offering higher returns compared to the broader market.

News Image

Mon, 09 Dec 2024

Sentiment - POSITIVE

Source - Zacks Investment Research

Summary - Exelixis (EXEL) and Incyte (INCY) are notable stocks in the Biomedical and Genetics sector, attracting interest from value investors.

Why It Matters - Comparing Exelixis and Incyte helps investors identify potentially undervalued stocks in the biomedical sector, guiding investment decisions based on value metrics.

News Image

Thu, 28 Nov 2024

Sentiment - POSITIVE

Source - Zacks Investment Research

Summary - Exelixis (EXEL) reported earnings 30 days ago; investors may want to monitor upcoming developments and stock performance indicators for future trends.

Why It Matters - Upcoming developments and market reactions following Exelixis' recent earnings report can influence stock performance, affecting investment decisions and valuations.

News Image

Fri, 29 Nov 2024

Sentiment - POSITIVE

Source - Zacks Investment Research

Summary - Zacks Premium offers Style Scores to help investors identify strong stocks, catering to value, growth, and momentum strategies.

Why It Matters - The Zacks Style Scores can streamline stock selection for various investment strategies, potentially enhancing portfolio performance and aiding in more informed investment decisions.

News Image

Mon, 25 Nov 2024

Sentiment - POSITIVE

Source - Zacks Investment Research

Summary - Zacks Style Scores can assist investors in selecting strong, market-beating stocks for their portfolios.

Why It Matters - The mention of Zacks Style Scores highlights a tool for identifying high-potential stocks, aiding investors in making informed decisions to enhance portfolio performance.

...

EXEL Frequently asked questions

The highest forecasted price for EXEL is $38 from Asthika Goonewardene at Truist Securities.

The lowest forecasted price for EXEL is $18.9 from from

The EXEL analyst ratings consensus are 14 buy ratings, 6 hold ratings, and 2 sell ratings.