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Exelixis (EXEL) Stock Forecast & Price Target

$20.57
+0.16 (+0.78%)
(As of 05/24/2024 ET)

Exelixis - Analysts' Recommendations and Stock Price Forecast (2024)

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Consensus Rating

Moderate Buy
Based on 17 Analyst Ratings

Consensus Price Target

$26.13
27.01% Upside
High Forecast$32.00
Average Forecast$26.13
Low Forecast$18.00
TypeCurrent Forecast
5/27/23 to 5/26/24
1 Month Ago
4/27/23 to 4/26/24
3 Months Ago
2/26/23 to 2/26/24
1 Year Ago
5/27/22 to 5/27/23
Consensus Rating
Moderate Buy
Moderate Buy
Moderate Buy
Moderate Buy
Strong Buy
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
Buy
10 Buy rating(s)
9 Buy rating(s)
12 Buy rating(s)
7 Buy rating(s)
Hold
7 Hold rating(s)
6 Hold rating(s)
5 Hold rating(s)
1 Hold rating(s)
Sell
0 Sell rating(s)
0 Sell rating(s)
0 Sell rating(s)
0 Sell rating(s)
Consensus Price Target$26.13$26.29$25.94$25.33
Forecasted Upside27.01% Upside20.61% Upside23.56% Upside43.11% Upside

EXEL Analyst Recommendations By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.
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EXEL Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.
Skip Chart and View Analyst Price Target HistorySkip Chart & View Price History Table

Exelixis Stock vs. The Competition

TypeExelixisMedical CompaniesS&P 500
Consensus Rating Score
2.59
2.70
2.49
Consensus RatingModerate BuyModerate BuyHold
Predicted Upside27.01% Upside834.25% Upside9.92% Upside
News Sentiment RatingPositive News
Positive News
Positive News

Recent Analyst Forecasts and Stock Ratings

DateBrokerageAnalyst NameActionRatingPrice TargetUpside/Downside on Report DateDetails
5/14/2024Stephens
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S. Loganathan
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Initiated CoverageStrong-Buy ➝ Equal Weight$23.00+9.37%
5/3/2024HC Wainwright
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 Reiterated RatingBuy ➝ Buy$28.00+27.85%
5/1/2024TD Cowen
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 Boost TargetBuy ➝ Buy$25.00 ➝ $27.00+27.96%
5/1/2024William Blair
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 Reiterated RatingOutperform
4/11/2024Barclays
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 DowngradeOverweight ➝ Equal Weight$25.00+5.57%
4/10/2024JMP Securities
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 Reiterated RatingMarket Outperform ➝ Market Outperform$27.00+14.55%
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2/7/2024Royal Bank of Canada
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 Boost TargetOutperform ➝ Outperform$26.00 ➝ $28.00+35.46%
2/2/2024Stifel Nicolaus
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 Boost TargetHold ➝ Hold$23.00 ➝ $25.00+16.44%
12/19/2023BTIG Research
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 Initiated CoverageBuy$27.00+15.68%
12/15/2023Citigroup
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 Initiated CoverageBuy$31.00+32.99%
11/2/2023Morgan Stanley
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 Boost TargetEqual Weight ➝ Equal Weight$22.00 ➝ $23.00+14.26%
10/12/2023Bank of America
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 Boost Target$25.00 ➝ $27.00+25.58%
10/11/2023Guggenheim
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 Reiterated RatingBuy ➝ Buy$30.00+39.28%
9/13/2023Truist Financial
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 Reiterated RatingBuy ➝ Buy$32.00+45.12%
8/22/2023Oppenheimer
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 Boost TargetOutperform ➝ Outperform$25.00 ➝ $29.00+35.70%
8/8/2023Leerink Partnrs
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C. Liu
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Reiterated RatingMarket Perform
8/8/2023SVB Leerink
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 Initiated CoverageMarket Perform$18.00-11.11%
8/8/2023SVB Securities
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 Initiated CoverageMarket Perform$18.00-11.11%
3/9/2023Wells Fargo & Company
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 Initiated CoverageOverweight$23.00+40.59%
3/3/2023EF Hutton Acquisition Co. I
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 Reiterated RatingBuy$24.00+43.97%
2/8/2023Piper Sandler
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 Reiterated RatingOverweight$32.00+81.82%
1/26/2023Credit Suisse Group
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 Initiated CoverageOutperform$29.00+67.34%
1/9/2023Cowen
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 Lower Target$21.00 ➝ $20.00+15.81%
11/2/2022Cowen
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 Lower Target$26.00 ➝ $21.00+23.60%
6/23/2022BMO Capital Markets
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 Initiated CoverageOutperform$28.00+31.27%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Sunday at 05:53 PM ET.

EXEL Frequently Asked Questions

What is Exelixis's stock forecast and purchase recommendation?

According to the research reports of 17 Wall Street equities research analysts, the average twelve-month stock price forecast for Exelixis is $26.13, with a high forecast of $32.00 and a low forecast of $18.00. The consensus rating for Exelixis stock is Moderate Buy based on the current 7 hold ratings and 10 buy ratings for EXEL. Learn more on EXEL's analyst rating history.

Do Wall Street analysts like Exelixis more than its competitors?

Analysts like Exelixis less than other "medical" companies. The consensus rating score for Exelixis is 2.59 while the average consensus rating score for "medical" companies is 2.70. Learn more on how EXEL compares to other companies.

Is Exelixis being downgraded by Wall Street analysts?

Over the previous 90 days, Exelixis's stock had 1 downgrade by analysts.

Does Exelixis's stock price have much upside?

According to analysts, Exelixis's stock has a predicted upside of 20.37% based on their 12-month stock forecasts.

What analysts cover Exelixis?

Exelixis has been rated by research analysts at Barclays, HC Wainwright, JMP Securities, Stephens, TD Cowen, and William Blair in the past 90 days.


Stock Forecasts and Research Tools

This page (NASDAQ:EXEL) was last updated on 5/26/2024 by MarketBeat.com Staff

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