Exelixis, Inc. (EXEL)

Exelixis Stock Forecast

Stock Price Forecast

The 22 analysts that cover Exelixis stock have a consensus rating of "Buy" and an average price target of $45.45, which forecasts a 2.94% increase in the stock price over the next year. The lowest target is $30 and the highest is $60.

Price Target: $45.45 (+2.94%)

Analyst Consensus: Buy

Target	Low	Average	Median	High
Price	$30	$45.45	$47	$60
Change	-32.05%	+2.94%	+6.46%	+35.90%

Analyst Ratings

The average analyst rating for Exelixis stock is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.

Recommendation Trends

Rating	Aug '25	Sep '25	Oct '25	Nov '25	Dec '25	Jan '26
Strong Buy	7	8	8	8	8	7
Buy	5	5	6	6	6	5
Hold	9	9	9	10	10	11
Sell	0	0	0	0	0	0
Strong Sell	0	0	0	0	0	0
Total	21	22	23	24	24	23

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Robert Burns HC Wainwright & Co.	HC Wainwright & Co.	Strong Buy Maintains $49 → $52	Strong Buy	Maintains	$49 → $52	+17.78%	Jan 8, 2026
Sean Laaman Morgan Stanley	Morgan Stanley	Buy → Hold Downgrades $45 → $48	Buy → Hold	Downgrades	$45 → $48	+8.72%	Jan 8, 2026
Ashwani Verma UBS	UBS	Hold Maintains $35 → $40	Hold	Maintains	$35 → $40	-9.40%	Nov 6, 2025
Yaron Werber TD Cowen	TD Cowen	Strong Buy Maintains $44 → $51	Strong Buy	Maintains	$44 → $51	+15.52%	Nov 5, 2025
Sean Laaman Morgan Stanley	Morgan Stanley	Buy Maintains $44 → $45	Buy	Maintains	$44 → $45	+1.93%	Nov 5, 2025

More Analyst Ratings

Financial Forecast

Revenue This Year

2.38B

Increased by 9.79%

from 2.17B

Revenue Next Year

2.67B

Increased by 12.01%

from 2.38B

EPS This Year

2.68

Increased by 52.32%

from 1.76

EPS Next Year

3.16

Increased by 17.86%

from 2.68

Fiscal Year	FY 2020	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026
Period Ending	Dec 31, 2020	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023	Dec 31, 2024	Dec 31, 2025	Dec 31, 2026
Revenue	987.54M	1.43B	1.61B	1.83B	2.17B	2.38B	2.67B
Revenue Growth	2.04%	45.31%	12.27%	13.60%	18.50%	9.79%	12.01%
EPS	0.35	0.72	0.56	0.65	1.76	2.68	3.16
EPS Growth	-65.69%	105.71%	-22.22%	16.07%	170.77%	52.32%	17.86%
Forward PE	-	-	-	-	-	16.47	13.97
No. Analysts	-	-	-	-	-	23	23

Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue	2025	2026	2027	2028	2029	2030
High	2.5B	3.1B
Avg	2.4B	2.7B
Low	2.3B	2.4B

Revenue Growth

Revenue Growth	2025	2026	2027	2028	2029	2030
High	13.9%	30.7%
Avg	9.8%	12.0%
Low	3.9%	0.5%

EPS Forecast

EPS	2025	2026	2027	2028	2029	2030
High	2.96	4.06
Avg	2.68	3.16
Low	2.42	2.11

EPS Growth

EPS Growth	2025	2026	2027	2028	2029	2030
High	68.2%	51.6%
Avg	52.3%	17.9%
Low	37.5%	-21.4%

Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.