Exelixis Stock Forecast

Stock Price Forecast

The 20 analysts that cover Exelixis stock have a consensus rating of "Buy" and an average price target of $49.06, which forecasts a -2.17% decrease in the stock price over the next year. The lowest target is $40 and the highest is $60.

Price Target: $49.06 (-2.17%)

Analyst Consensus: Buy

Target	Low	Average	Median	High
Price	$40	$49.06	$50	$60
Change	-20.24%	-2.17%	-0.30%	+19.64%

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	Dec '25	Jan '26	Feb '26	Mar '26	Apr '26	May '26
Strong Buy	8	7	7	6	6	5
Buy	6	5	5	4	4	4
Hold	10	10	11	11	11	11
Sell	0	0	0	0	0	0
Strong Sell	0	0	0	0	0	0
Total	24	22	23	21	21	20

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Robert Burns HC Wainwright & Co.	HC Wainwright & Co.	Strong Buy Maintains $54 → $56	Strong Buy	Maintains	$54 → $56	+11.67%	May 7, 2026
Yaron Werber TD Cowen	TD Cowen	Strong Buy Maintains $51 → $55	Strong Buy	Maintains	$51 → $55	+9.67%	May 6, 2026
Sean Laaman Morgan Stanley	Morgan Stanley	Hold Maintains $49 → $50	Hold	Maintains	$49 → $50	-0.30%	May 6, 2026
Stephen Willey Stifel	Stifel	Hold Maintains $44 → $47	Hold	Maintains	$44 → $47	-6.28%	May 6, 2026
Eva Fortea Verdejo Wells Fargo	Wells Fargo	Hold Maintains $35 → $40	Hold	Maintains	$35 → $40	-20.24%	May 6, 2026

More Analyst Ratings

Financial Forecast

Revenue This Year

2.65B

from 2.32B

14.09%

from 2.32B

Revenue Next Year

2.97B

from 2.65B

12.09%

from 2.65B

EPS This Year

3.29

from 2.78

18.49%

from 2.78

EPS Next Year

3.72

from 3.29

13.04%

from 3.29

Fiscal Year	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026	FY 2027
Period Ending	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023	Dec 31, 2024	Dec 31, 2025	Dec 31, 2026	Dec 31, 2027
Revenue	1.43B	1.61B	1.83B	2.17B	2.32B	2.65B	2.97B
Revenue Growth	45.31%	12.27%	13.60%	18.50%	6.98%	14.09%	12.09%
EPS	0.72	0.56	0.65	1.76	2.78	3.29	3.72
EPS Growth	105.71%	-22.22%	16.07%	170.77%	57.96%	18.49%	13.04%
Forward PE	-	-	-	-	-	15.22	13.47
No. Analysts	-	-	-	-	-	22	21

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

Revenue Forecast

Revenue	2026	2027
High	2.8B	3.4B
Avg	2.6B	3.0B
Low	2.5B	2.4B

Revenue Growth

Revenue Growth	2026	2027
High	21.2%	26.6%
Avg	14.1%	12.1%
Low	7.0%	-10.2%

EPS Forecast

EPS	2026	2027
High	3.89	4.76
Avg	3.29	3.72
Low	2.76	2.53

EPS Growth

EPS Growth	2026	2027
High	39.7%	44.4%
Avg	18.5%	13.0%
Low	-0.6%	-23.2%

Sources: Price targets and consensus ratings provided by S&P Global Market Intelligence. Historical ratings and analyst data provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data sources.