Exelixis - EXEL Stock Forecast, Price & News

9 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Exelixis in the last twelve months. There are currently 1 hold rating and 8 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" EXEL shares.
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9 equities research analysts have issued 12 month target prices for Exelixis' shares. Their EXEL share price forecasts range from $20.00 to $42.00. On average, they anticipate the company's stock price to reach $27.58 in the next year. This suggests a possible upside of 56.5% from the stock's current price.
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Exelixis' stock was trading at $16.04 on January 1st, 2023. Since then, EXEL stock has increased by 9.9% and is now trading at $17.62.
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The company is scheduled to release its next quarterly earnings announcement on Tuesday, February 7th 2023.
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Exelixis will be holding an earnings conference call on Tuesday, February 7th at 5:00 PM Eastern. Interested parties can register for or listen to the call using this link or dial in at 412-317-0088 with passcode "7374267".

Exelixis, Inc. (NASDAQ:EXEL) released its quarterly earnings data on Tuesday, November, 2nd. The biotechnology company reported $0.12 EPS for the quarter, missing analysts' consensus estimates of $0.19 by $0.07. The biotechnology company had revenue of $328.42 million for the quarter, compared to the consensus estimate of $366.34 million. Exelixis had a trailing twelve-month return on equity of 13.11% and a net margin of 18.78%. During the same period in the prior year, the company posted ($0.10) earnings per share.

Exelixis updated its fourth quarter 2022 earnings guidance on Monday, January, 9th. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $415.00 million-$415.00 million, compared to the consensus revenue estimate of $414.83 million.

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.

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).

Exelixis trades on the NASDAQ under the ticker symbol "EXEL."

Exelixis' stock is owned by a variety of retail and institutional investors. Top institutional investors include Meditor Group Ltd (2.05%), Stephens Investment Management Group LLC (1.25%), Assenagon Asset Management S.A. (0.63%), Allspring Global Investments Holdings LLC (0.55%), Scout Investments Inc. (0.33%) and New York State Common Retirement Fund (0.31%). Insiders that own company stock include Alan M Garber, Carl B Feldbaum, Charles Cohen, Christopher J Senner, George A Scangos, George Poste, Gisela Schwab, Jack L Wyszomierski, Jack L Wyszomierski, Jeffrey Hessekiel, Lance Willsey, Michael Morrissey, Patrick J Haley, Patrick J Haley, Peter Lamb, Stelios Papadopoulos and Vincent T Marchesi.
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Shares of EXEL 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 EXEL stock can currently be purchased for approximately $17.62.

Exelixis (NASDAQ:EXEL) has a market capitalization of $5.68 billion and generates $1.43 billion in revenue each year. The biotechnology company earns $231.06 million in net income (profit) each year or $0.95 on an earnings per share basis.

The company employs 954 workers across the globe.

Exelixis' mailing address is 1851 Harbor Bay Parkway, Alameda CA, 94502. The official website for the company is www.exelixis.com. The biotechnology company can be reached via phone at (650) 837-7000, via email at shubbard@exelixis.com, or via fax at 650-837-8300.