Xenon Pharmaceuticals - XENE Stock Forecast, Price & News

12 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Xenon Pharmaceuticals in the last twelve months. There are currently 12 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" XENE shares.
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12 Wall Street research analysts have issued twelve-month target prices for Xenon Pharmaceuticals' shares. Their XENE share price forecasts range from $45.00 to $60.00. On average, they expect the company's share price to reach $50.70 in the next twelve months. This suggests a possible upside of 46.5% from the stock's current price.
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Xenon Pharmaceuticals' stock was trading at $39.43 at the beginning of the year. Since then, XENE shares have decreased by 12.2% and is now trading at $34.60.
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The company is scheduled to release its next quarterly earnings announcement on Tuesday, May 9th 2023.
View our XENE earnings forecast.

Xenon Pharmaceuticals Inc. (NASDAQ:XENE) released its quarterly earnings data on Wednesday, March, 1st. The biopharmaceutical company reported ($0.57) earnings per share for the quarter, beating analysts' consensus estimates of ($0.58) by $0.01. Xenon Pharmaceuticals had a negative net margin of 862.06% and a negative trailing twelve-month return on equity of 17.90%. The company's revenue was down 100.0% on a year-over-year basis. During the same quarter in the prior year, the firm posted ($0.57) EPS.

ETFs with the largest weight of Xenon Pharmaceuticals (NASDAQ:XENE) stock in their portfolio include iShares Neuroscience and Healthcare ETF (IBRN), ALPS Medical Breakthroughs ETF (SBIO), First Trust Multi-Manager Small Cap Opportunities ETF (MMSC), Virtus LifeSci Biotech Clinical Trials ETF (BBC), iShares Biotechnology ETF (IBB), Invesco Nasdaq Biotechnology ETF (IBBQ), Nuveen ESG Small-Cap ETF (NUSC) and ProShares Ultra Nasdaq Biotechnology (BIB).

Based on aggregate information from My MarketBeat watchlists, some companies that other Xenon Pharmaceuticals investors own include Sorrento Therapeutics (SRNE), Dynavax Technologies (DVAX), Corbus Pharmaceuticals (CRBP), Nektar Therapeutics (NKTR), TG Therapeutics (TGTX), Viking Therapeutics (vktx), Sangamo Therapeutics (SGMO), Arbutus Biopharma (ABUS), OPKO Health (OPK) and Spectrum Pharmaceuticals (SPPI).

Xenon Pharmaceuticals trades on the NASDAQ under the ticker symbol "XENE."

Xenon Pharmaceuticals' stock is owned by a number of retail and institutional investors. Top institutional shareholders include Driehaus Capital Management LLC (7.49%), Marshall Wace LLP (3.78%), Lord Abbett & CO. LLC (3.40%), Braidwell LP (2.48%), Point72 Asset Management L.P. (1.88%) and Millennium Management LLC (0.95%). Insiders that own company stock include Christopher John Kenney, Frank A Holler, Gary Patou, James R Empfield, Seggern Christopher Von, Sherrington Robin and Simon N Pimstone.
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Shares of XENE 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 XENE stock can currently be purchased for approximately $34.60.

Xenon Pharmaceuticals (NASDAQ:XENE) has a market capitalization of $2.18 billion and generates $9.43 million in revenue each year. The biopharmaceutical company earns $-125,370,000.00 in net income (profit) each year or ($2.04) on an earnings per share basis.

The company employs 149 workers across the globe.

Xenon Pharmaceuticals' mailing address is 200 - 3650 GILMORE WAY, BURNABY A1, V5G 48W. The official website for the company is www.xenon-pharma.com. The biopharmaceutical company can be reached via phone at (604) 484-3300, via email at investors@xenon-pharma.com, or via fax at 604-484-3450.