Exelixis, Inc. (EXEL)

NASDAQ: EXEL · Real-Time Price · USD
28.83
+0.17 (0.59%)
Oct 22, 2024, 4:00 PM EDT - Market closed
0.59%
Market Cap 8.22B
Revenue (ttm) 2.01B
Net Income (ttm) 349.99M
Shares Out 285.25M
EPS (ttm) 1.14
PE Ratio 25.23
Forward PE 22.79
Dividend n/a
Ex-Dividend Date n/a
Volume 1,683,255
Open 28.59
Previous Close 28.66
Day's Range 28.38 - 29.03
52-Week Range 19.12 - 29.75
Beta 0.54
Analysts Buy
Price Target 29.93 (+3.82%)
Earnings Date Oct 29, 2024

About 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 recep... [Read more]

Industry Biotechnology
Sector Healthcare
IPO Date Apr 7, 2000
Employees 1,310
Stock Exchange NASDAQ
Ticker Symbol EXEL
Full Company Profile

Financial Performance

In 2023, Exelixis's revenue was $1.83 billion, an increase of 13.60% compared to the previous year's $1.61 billion. Earnings were $207.77 million, an increase of 13.98%.

Financial Statements

Analyst Forecast

According to 14 analysts, the average rating for EXEL stock is "Buy." The 12-month stock price forecast is $29.93, which is an increase of 3.82% from the latest price.

Price Target
$29.93
(3.82% upside)
Analyst Consensus: Buy
Stock Forecasts

News

3 Attractive Biotechs With Recent Positives

The small cap biotech sector is trading close to the same levels that it was five years ago. Straight equity holdings have threaded water in this space over the past half decade. However, given the lu...

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1 day ago - Seeking Alpha

Exelixis Stays Strong With Cabometyx While New Assets Approach Key Trials

Exelixis' stock has surged 51% since July 2023, significantly outperforming broader markets and breaking out of a five-year stagnation. Cabometyx, EXEL's primary revenue driver, continues to excel in ...

5 days ago - Seeking Alpha

Exelixis to Release Third Quarter 2024 Financial Results on Tuesday, October 29, 2024

ALAMEDA, Calif.--(BUSINESS WIRE)--Exelixis, Inc. (Nasdaq: EXEL) announced today that its third quarter 2024 financial results will be released on Tuesday, October 29, 2024 after the markets close. At ...

7 days ago - Business Wire

Exelixis Announces Update on Second Patent Litigation Trial with MSN Laboratories

ALAMEDA, Calif.--(BUSINESS WIRE)--Exelixis, Inc. (Nasdaq: EXEL) today announced that in the lawsuit Exelixis, Inc. (Exelixis) vs. MSN Laboratories Private Limited et al. (MSN), Civil Action No. 22-002...

7 days ago - Business Wire

Exelixis and Merck Sign Clinical Development Collaboration to Evaluate Investigational Zanzalintinib in Combination with KEYTRUDA® (pembrolizumab) in Head and Neck Cancer and in Combination with WELIREG® (belzutifan) in Renal Cell Carcinoma

ALAMEDA, Calif. & RAHWAY, N.J.--(BUSINESS WIRE)--Exelixis, Inc. (Nasdaq: EXEL) and Merck (NYSE: MRK), known as MSD outside of the United States and Canada, today announced that the companies have ente...

Other symbols: MRK
8 days ago - Business Wire

Exelixis Announces Final Results from Phase 3 Pivotal CABINET Study Evaluating Cabozantinib in Advanced Neuroendocrine Tumors Presented at ESMO 2024 and Published in New England Journal of Medicine

ALAMEDA, Calif.--(BUSINESS WIRE)--Exelixis, Inc. (Nasdaq: EXEL) today announced updated and final data from CABINET, a phase 3 pivotal trial evaluating cabozantinib (CABOMETYX®) versus placebo in two ...

5 weeks ago - Business Wire

Exelixis Presents Final Overall Survival Results from Phase 3 CONTACT-02 Pivotal Study Evaluating Cabozantinib in Combination with an Immune Checkpoint Inhibitor in Metastatic Castration-Resistant Prostate Cancer at ESMO 2024

ALAMEDA, Calif.--(BUSINESS WIRE)--Exelixis, Inc. (Nasdaq: EXEL) today announced detailed final overall survival (OS) results from CONTACT-02, a phase 3 pivotal study evaluating cabozantinib (CABOMETYX...

5 weeks ago - Business Wire

Exelixis to Webcast Fireside Chats as Part of Investor Conferences in September

ALAMEDA, Calif.--(BUSINESS WIRE)--Exelixis, Inc. (Nasdaq: EXEL) today announced that company management will participate in fireside chats at the following investor conferences in September: Morgan St...

7 weeks ago - Business Wire

Exelixis Earnings Drive Share Growth

Oncology company Exelixis, Inc. (EXEL) reported better-than-expected results, driving big share gains.

2 months ago - FXEmpire

4 Best Defensive Stocks For A Potential Soft Landing (SA Quant)

Investors are seeking stability amid the global market selloff in early August, sparked by weak jobs data and fears of an emergency interest rate cut by the Fed. Recession fears were ignited after the...

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2 months ago - Seeking Alpha

Exelixis: sNDA Cabometyx Expansion Could Provide Revenue Boost

Exelixis, Inc. has a PDUFA date of April 3, 2025, set to decide whether Cabometyx should be approved for the treatment of patients with advanced pancreatic neuroendocrine tumors. U.S. net product reve...

2 months ago - Seeking Alpha

Argonne's Autonomie Express tool simulates real-world vehicle traffic to predict large-scale energy impact

LEMONT, Ill.--(BUSINESS WIRE)--The tool — free to all users — estimates energy consumption for a wide range of vehicles, both current and future.

Other symbols: ULS
2 months ago - Business Wire

Invenra Highlights Exelixis' Announcement: Initiation of Phase 1 Clinical Trial Evaluating XB010 in Patients with Advanced Solid Tumors

MADISON, Wisc.--(BUSINESS WIRE)--Invenra's collaboration partner, Exelixis, Inc. (NASDAQ: EXEL) has announced the initiation of the dose-escalation stage of the first-in-human phase 1 clinical trial o...

2 months ago - Business Wire

Analyst Sees Exelixis At Inflection Point Despite Mixed Trial Results

In its second-quarter earnings release, Exelixis, Inc. EXEL announced that the final overall survival (OS) analysis for the phase 3 CONTACT-02 trial has been completed.

2 months ago - Benzinga

Exelixis, Inc. (EXEL) Q2 2024 Earnings Call Transcript

Exelixis, Inc. (NASDAQ:EXEL) Q2 2024 Earnings Conference Call August 6, 2024 5:00 PM ET Company Participants Susan Hubbard - Executive Vice President, Public Affairs and Investor Relations Michael Mo...

2 months ago - Seeking Alpha

Exelixis Announces Second Quarter 2024 Financial Results and Provides Corporate Update

ALAMEDA, Calif.--(BUSINESS WIRE)--Exelixis, Inc. (Nasdaq: EXEL) today reported financial results for the second quarter of 2024, provided an update on progress toward achieving key corporate objective...

2 months ago - Business Wire

Exelixis Announces U.S. Food and Drug Administration (FDA) Accepted the Supplemental New Drug Application for Cabozantinib for Patients with Advanced Neuroendocrine Tumors

ALAMEDA, Calif.--(BUSINESS WIRE)--Exelixis, Inc. (Nasdaq: EXEL) today announced that its supplemental New Drug Application (sNDA) for cabozantinib (CABOMETYX®) has been accepted in the U.S. for: 1) th...

2 months ago - Business Wire

Exelixis to Release Second Quarter 2024 Financial Results on Tuesday, August 6, 2024

ALAMEDA, Calif.--(BUSINESS WIRE)--Exelixis, Inc. (Nasdaq: EXEL) announced today that its second quarter 2024 financial results will be released on Tuesday, August 6, 2024 after the markets close. At 5...

3 months ago - Business Wire

Exelixis to Present at the William Blair 44th Annual Growth Stock Conference

ALAMEDA, Calif.--(BUSINESS WIRE)--Exelixis, Inc. (Nasdaq: EXEL) today announced that company management will participate in a fireside chat at the William Blair 44th Annual Growth Stock Conference on ...

5 months ago - Business Wire

Exelixis Announces Settlement of CABOMETYX® (cabozantinib) Patent Litigation with Cipla Limited and Cipla USA

ALAMEDA, Calif.--(BUSINESS WIRE)--Exelixis, Inc. (Nasdaq: EXEL) today announced that it has entered into a Settlement and License Agreement (Agreement) with Cipla Ltd. and Cipla USA, Inc. (collectivel...

5 months ago - Business Wire

Exelixis to Webcast Fireside Chats as Part of Investor Conferences in May

ALAMEDA, Calif.--(BUSINESS WIRE)--Exelixis, Inc. (Nasdaq: EXEL) today announced that members of the company's management team will participate in fireside chats at the following investor conferences i...

6 months ago - Business Wire

Exelixis: With Patent Litigation Decision Due Soon, There Are Options

EXEL continues to successfully implement Farallon's restructuring suggestions. A pivotal decision on cabo's current patent litigation is due by end of 1H'24. Multiple billions of potential revenue are...

6 months ago - Seeking Alpha

Exelixis, Inc. (EXEL) Q1 2024 Earnings Call Transcript

Exelixis, Inc. (NASDAQ:EXEL) Q1 2024 Earnings Conference Call April 30, 2024 5:00 PM ET Company Participants Varant Shirvanian - Director of Investor Relations Michael Morrissey - President and Chief...

6 months ago - Seeking Alpha

Exelixis Announces First Quarter 2024 Financial Results and Provides Corporate Update

ALAMEDA, Calif.--(BUSINESS WIRE)--Exelixis, Inc. (Nasdaq: EXEL) today reported financial results for the first quarter of 2024, provided an update on progress toward achieving key corporate objectives...

6 months ago - Business Wire

Exelixis to Release First Quarter 2024 Financial Results on Tuesday, April 30, 2024

ALAMEDA, Calif.--(BUSINESS WIRE)--Exelixis, Inc. (Nasdaq: EXEL) announced today that its first quarter 2024 financial results will be released on Tuesday, April 30, 2024 after the markets close. At 5:...

6 months ago - Business Wire