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Closing prices for crude oil, gold and other commodities
S&P 500   5,051.41
DOW   37,798.97
QQQ   431.10
Stock market today: Most of Wall Street slips as expectations rise for rates to stay high
Kinder Morgan Stock Bid Up In An Oil Breakout
ASML’s Earnings Could Bring The Stock to New Highs
Undervalued UnitedHealth Group Won’t Be For Long
3 Computer Vision Stocks for Long-Term Gains From AI
DocuSign and The Case for 66% Upside 
Closing prices for crude oil, gold and other commodities
S&P 500   5,051.41
DOW   37,798.97
QQQ   431.10
Stock market today: Most of Wall Street slips as expectations rise for rates to stay high
Kinder Morgan Stock Bid Up In An Oil Breakout
ASML’s Earnings Could Bring The Stock to New Highs
Undervalued UnitedHealth Group Won’t Be For Long
3 Computer Vision Stocks for Long-Term Gains From AI
DocuSign and The Case for 66% Upside 
Closing prices for crude oil, gold and other commodities
S&P 500   5,051.41
DOW   37,798.97
QQQ   431.10
Stock market today: Most of Wall Street slips as expectations rise for rates to stay high
Kinder Morgan Stock Bid Up In An Oil Breakout
ASML’s Earnings Could Bring The Stock to New Highs
Undervalued UnitedHealth Group Won’t Be For Long
3 Computer Vision Stocks for Long-Term Gains From AI
DocuSign and The Case for 66% Upside 
Closing prices for crude oil, gold and other commodities
NASDAQ:EXEL

Exelixis (EXEL) Stock Price, News & Analysis

$22.82
+0.12 (+0.53%)
(As of 04/16/2024 ET)
Today's Range
$22.53
$23.08
50-Day Range
$20.17
$23.92
52-Week Range
$18.08
$24.34
Volume
1.69 million shs
Average Volume
2.29 million shs
Market Capitalization
$6.92 billion
P/E Ratio
35.66
Dividend Yield
N/A
Price Target
$26.29

Exelixis MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.60 Rating Score
Upside/​Downside
15.2% Upside
$26.29 Price Target
Short Interest
Healthy
2.32% of Float Sold Short
Dividend Strength
N/A
Sustainability
-1.63
Upright™ Environmental Score
News Sentiment
0.42mentions of Exelixis in the last 14 days
Based on 24 Articles This Week
Insider Trading
Acquiring Shares
$3.93 M Bought Last Quarter
Proj. Earnings Growth
25.62%
From $1.21 to $1.52 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

4.99 out of 5 stars

Medical Sector

7th out of 930 stocks

Biological Products, Except Diagnostic Industry

3rd out of 153 stocks

EXEL stock logo

About Exelixis Stock (NASDAQ:EXEL)

Exelixis, Inc., an oncology company, focuses on the discovery, development, and commercialization of new medicines for difficult-to-treat cancers in the United States. The company offers CABOMETYX tablets for the treatment of patients with advanced renal cell carcinoma who received prior anti-angiogenic therapy; and COMETRIQ capsules for the treatment of progressive and metastatic medullary thyroid cancer. Its CABOMETYX and COMETRIQ are derived from cabozantinib, an inhibitor of multiple tyrosine kinases, including MET, AXL, RET, and VEGF receptors. The company also offers COTELLIC, an inhibitor of MEK as a combination regimen to treat specific forms of advanced melanoma; and MINNEBRO, an oral non-steroidal selective blocker of the mineralocorticoid receptor for the treatment of hypertension in Japan. It develops zanzalintinib, a novel, potent, next-generation oral tyrosine kinase inhibitor (TKI) that targets VEGF receptors, MET and the TAM kinases (TYRO3, AXL and MER); and XB002, a next-generation tissue factor (TF)-targeting ADC, administered via intravenous infusion and composed of a human monoclonal antibody (mAb) against TF that is conjugated to an auristatin-based microtubulin inhibitor (MTI) payload. It has research collaborations and license agreements with Ipsen Pharma SAS; Takeda Pharmaceutical Company Ltd.; F. Hoffmann-La Roche Ltd.; Redwood Bioscience, Inc.; R.P. Scherer Technologies, LLC; Catalent Pharma Solutions, Inc.; NBE Therapeutics AG; Aurigene Discovery Technologies Limited; Iconic Therapeutics, Inc.; Invenra, Inc.; StemSynergy Therapeutics, Inc.; Genentech, Inc.; Bristol-Myers Squibb Company; and Daiichi Sankyo Company, Limited, as well as clinical development agreement with Sairopa B.V. for ADU-1805. The company was formerly known as Exelixis Pharmaceuticals, Inc. and changed its name to Exelixis, Inc. in February 2000. Exelixis, Inc. was incorporated in 1994 and is headquartered in Alameda, California.

EXEL Stock Price History

EXEL Stock News Headlines

The “Perfect Storm” for Gold
Gold has already reached all-time highs, and experts believe it's not slowing down any time soon. In fact, some analysts predict a $7,000 price tag by 2025.
Exelixis (NASDAQ:EXEL) Stock Price Down 3.9%
Barclays Downgrades Exelixis (NASDAQ:EXEL) to Equal Weight
Exelixis (NASDAQ:EXEL) Rating Reiterated by JMP Securities
The “Perfect Storm” for Gold
Gold has already reached all-time highs, and experts believe it's not slowing down any time soon. In fact, some analysts predict a $7,000 price tag by 2025.
What Analysts Are Saying About Exelixis Stock
3 Biotech Gems Poised for April Breakthroughs
10 Mid-Cap Stocks with Insider Purchases
Stock Offerings Prompt Big Insider Buying
See More Headlines
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Company Calendar

Last Earnings
2/06/2024
Today
4/16/2024
Next Earnings (Estimated)
5/14/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Sector
Medical
Industry
Biological products, except diagnostic
Sub-Industry
Biotechnology
Current Symbol
NASDAQ:EXEL
CUSIP
30161Q10
Employees
1,310
Year Founded
1994

Price Target and Rating

Average Stock Price Target
$26.29
High Stock Price Target
$32.00
Low Stock Price Target
$18.00
Potential Upside/Downside
+15.1%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.60
Research Coverage
15 Analysts

Profitability

Net Income
$207.76 million
Pretax Margin
14.07%

Debt

Sales & Book Value

Annual Sales
$1.83 billion
Cash Flow
$0.77 per share
Book Value
$7.47 per share

Miscellaneous

Free Float
294,401,000
Market Cap
$6.92 billion
Optionable
Optionable
Beta
0.54

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Key Executives


EXEL Stock Analysis - Frequently Asked Questions

Should I buy or sell Exelixis stock right now?

15 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Exelixis in the last twelve months. There are currently 6 hold ratings and 9 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "moderate buy" EXEL shares.
View EXEL analyst ratings
or view top-rated stocks.

What is Exelixis' stock price target for 2024?

15 Wall Street analysts have issued 1 year target prices for Exelixis' shares. Their EXEL share price targets range from $18.00 to $32.00. On average, they expect the company's stock price to reach $26.29 in the next year. This suggests a possible upside of 15.2% from the stock's current price.
View analysts price targets for EXEL
or view top-rated stocks among Wall Street analysts.

How have EXEL shares performed in 2024?

Exelixis' stock was trading at $23.99 at the beginning of the year. Since then, EXEL shares have decreased by 4.9% and is now trading at $22.82.
View the best growth stocks for 2024 here
.

Are investors shorting Exelixis?

Exelixis saw a decline in short interest during the month of March. As of March 31st, there was short interest totaling 6,830,000 shares, a decline of 17.2% from the March 15th total of 8,250,000 shares. Based on an average daily trading volume, of 2,340,000 shares, the days-to-cover ratio is presently 2.9 days. Approximately 2.3% of the shares of the stock are sold short.
View Exelixis' Short Interest
.

When is Exelixis' next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Tuesday, May 14th 2024.
View our EXEL earnings forecast
.

How were Exelixis' earnings last quarter?

Exelixis, Inc. (NASDAQ:EXEL) announced its quarterly earnings results on Tuesday, February, 6th. The biotechnology company reported $0.27 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.25 by $0.02. The biotechnology company earned $479.65 million during the quarter, compared to analyst estimates of $481.23 million. Exelixis had a net margin of 11.35% and a trailing twelve-month return on equity of 8.57%.

What guidance has Exelixis issued on next quarter's earnings?

Exelixis updated its FY 2024 earnings guidance on Tuesday, February, 27th. The company provided EPS guidance of for the period. The company issued revenue guidance of $1.8 billion-$1.9 billion, compared to the consensus revenue estimate of $1.9 billion.

What is Michael M. Morrissey's approval rating as Exelixis' CEO?

75 employees have rated Exelixis Chief Executive Officer Michael M. Morrissey on Glassdoor.com. Michael M. Morrissey has an approval rating of 79% among the company's employees. 38.0% of employees surveyed would recommend working at Exelixis to a friend.

What other stocks do shareholders of Exelixis own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Exelixis investors own include Micron Technology (MU), NVIDIA (NVDA), Advanced Micro Devices (AMD), Gilead Sciences (GILD), Intel (INTC), Alibaba Group (BABA), Incyte (INCY), BioMarin Pharmaceutical (BMRN), Vertex Pharmaceuticals (VRTX) and AbbVie (ABBV).

Who are Exelixis' major shareholders?

Exelixis' stock is owned by many different retail and institutional investors. Top institutional shareholders include Los Angeles Capital Management LLC (0.81%), Meditor Group Ltd (0.73%), Tealwood Asset Management Inc. (0.02%), Alaska Permanent Fund Corp (0.02%), Clearview Wealth Advisors LLC (0.01%) and BTC Capital Management Inc. (0.00%). Insiders that own company stock include Alan M Garber, Carl B Feldbaum, Christopher J Senner, Dana Aftab, David Edward Johnson, George Poste, Gisela Schwab, Jack L Wyszomierski, Jeffrey Hessekiel, Lance Willsey, Patrick J Haley, Patrick J Haley, Peter Lamb, Stelios Papadopoulos and Vincent T Marchesi.
View institutional ownership trends
.

How do I buy shares of Exelixis?

Shares of EXEL stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NASDAQ:EXEL) was last updated on 4/16/2024 by MarketBeat.com Staff

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