Exact Sciences (EXAS) Stock Forecast, Price & News

14 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Exact Sciences in the last year. There are currently 5 hold ratings and 9 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "moderate buy" EXAS shares.
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14 equities research analysts have issued 1 year price objectives for Exact Sciences' shares. Their EXAS share price forecasts range from $60.00 to $130.00. On average, they anticipate the company's stock price to reach $97.00 in the next twelve months. This suggests a possible upside of 47.1% from the stock's current price.
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Exact Sciences' stock was trading at $49.51 on January 1st, 2023. Since then, EXAS shares have increased by 33.2% and is now trading at $65.94.
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The company is scheduled to release its next quarterly earnings announcement on Thursday, November 2nd 2023.
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Exact Sciences Co. (NASDAQ:EXAS) issued its earnings results on Tuesday, August, 1st. The medical research company reported ($0.45) earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.50) by $0.05. The medical research company earned $622.10 million during the quarter, compared to analyst estimates of $601.14 million. Exact Sciences had a negative trailing twelve-month return on equity of 14.08% and a negative net margin of 18.76%. The business's revenue was up 19.3% on a year-over-year basis. During the same quarter in the prior year, the firm posted ($0.94) earnings per share.

ETFs with the largest weight of Exact Sciences (NASDAQ:EXAS) stock in their portfolio include ARK Genomic Revolution ETF (ARKG), First Trust Nasdaq Lux Digital Health Solutions ETF (EKG), ARK Innovation ETF (ARKK), Principal Healthcare Innovators ETF (BTEC), Invesco Dorsey Wright Healthcare Momentum ETF (PTH), Simplify Health Care ETF (PINK), First Trust NYSE Arca Biotechnology Index Fund (FBT) and VanEck Biotech ETF (BBH).

Exact Sciences updated its FY 2023 earnings guidance on Wednesday, June, 28th. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $2.40 billion-$2.40 billion, compared to the consensus revenue estimate of $2.42 billion.

328 employees have rated Exact Sciences Chief Executive Officer Kevin T. Conroy on Glassdoor.com. Kevin T. Conroy has an approval rating of 97% among the company's employees. This puts Kevin T. Conroy in the top 30% of approval ratings compared to other CEOs of publicly-traded companies. 69.0% of employees surveyed would recommend working at Exact Sciences to a friend.

Based on aggregate information from My MarketBeat watchlists, some companies that other Exact Sciences investors own include Novavax (NVAX), NVIDIA (NVDA), Alibaba Group (BABA), Micron Technology (MU), Salesforce (CRM), PayPal (PYPL), Block (SQ), Advanced Micro Devices (AMD), Walt Disney (DIS) and AbbVie (ABBV).

Exact Sciences trades on the NASDAQ under the ticker symbol "EXAS."

Exact Sciences' stock is owned by a variety of retail and institutional investors. Top institutional investors include ARK Investment Management LLC (3.96%), Capital World Investors (3.76%), Baillie Gifford & Co. (2.53%), Artisan Partners Limited Partnership (1.96%), Geode Capital Management LLC (1.49%) and Sumitomo Mitsui Trust Holdings Inc. (1.47%). Insiders that own company stock include Brian Baranick, Canada Pension Plan Investment, D Scott Coward, Everett Cunningham, Graham Peter Lidgard, Jacob A Orville, Jacob A Orville, James Edward Doyle, James Herriott, Jeffrey Thomas Elliott, Katherine S Zanotti, Kevin T Conroy, Kevin T Conroy and Sarah Condella.
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Shares of EXAS stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of EXAS stock can currently be purchased for approximately $65.94.

Exact Sciences (NASDAQ:EXAS) has a market capitalization of $11.91 billion and generates $2.08 billion in revenue each year. The medical research company earns $-623,510,000.00 in net income (profit) each year or ($2.43) on an earnings per share basis.

The company employs 6,400 workers across the globe.

Exact Sciences' mailing address is 5505 ENDEAVOR LANE, MADISON WI, 53719. The official website for the company is www.exactsciences.com. The medical research company can be reached via phone at (608) 284-5700, via email at meganjones@exactsciences.com, or via fax at 608-284-5701.