Exelixis Stock Forecast

Stock Price Forecast

According to 20 analysts polled by S&P Global, Exelixis stock has a consensus rating of "Buy" and an average price target of $53. The average 1-year stock price forecast is 1.29% lower than the current stock price, while the lowest is $41 (-23.64%) and the highest is $66 (+22.93%).

Price Target: $53 (-1.29%)

Analyst Consensus: Buy

Price Target

Chart

Target	Low	Average	Median	High
Price	$41	$53	$52	$66
Change	-23.64%	-1.29%	-3.15%	+22.93%

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

Chart

Rating	Mar '26	Apr '26	May '26	Jun '26	Jul '26	Aug '26
Strong Buy	9	9	9	7	7	6
Buy	1	1	1	1	1	1
Hold	10	9	9	10	10	12
Sell	1	1	1	1	1	1
Strong Sell	0	0	0	0	0	0
Total	21	20	20	19	19	20

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Unknown Analyst BMO Capital No rating	BMO Capital	Hold Initiates $54	Hold	Initiates	$54	+0.58%	Aug 18, 2026
Unknown Analyst Guggenheim No rating	Guggenheim	Hold Maintains n/a	Hold	Maintains	n/a	n/a	Aug 7, 2026
Andrew Berens Leerink Partners	Leerink Partners	Hold Downgrades $52	Hold	Downgrades	$52	-3.15%	Aug 6, 2026
Paul Choi Goldman Sachs	Goldman Sachs	Buy Maintains $64	Buy	Maintains	$64	+19.20%	Aug 6, 2026
Stephen Willey Stifel Nicolaus	Stifel Nicolaus	Hold Maintains $47 → $51	Hold	Maintains	$47 → $51	-5.01%	Aug 6, 2026

More Analyst Ratings

Financial Forecast

Revenue This Year

2.55B

from 2.32B

9.98%

from 2.32B

Revenue Next Year

2.87B

from 2.55B

12.65%

from 2.55B

EPS This Year

3.57

from 3.08

15.82%

from 3.08

EPS Next Year

4.07

from 3.57

14.07%

from 3.57

Fiscal Year	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026
Period Ending	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023	Dec 31, 2024	Dec 31, 2025	Dec 31, 2026
Revenue	1.43B	1.61B	1.83B	2.17B	2.32B	2.55B
Revenue Growth	45.31%	12.27%	13.60%	18.50%	6.98%	9.98%
Gross Profit	1.38B	1.55B	1.76B	2.09B	2.24B	2.45B
Gross Margin	96.32%	96.41%	96.04%	96.49%	96.39%	96.17%
Operating Income	286.67M	201.48M	170.89M	689.95M	892.70M	1.02B
Net Income	231.06M	182.28M	207.77M	521.27M	782.57M	814.48M
EPS	-	-	-	-	3.08	3.57
EPS Growth	-	-	-	-	54.00%	15.82%
Forward PE	45.70	28.49	26.46	18.00	14.95	15.05
Free Cash Flow	250.40M	147.55M	125.40M	464.22M	631.16M	826.58M
No. Analysts	-	-	-	-	-	18

EPS and Forward PE are based on non-GAAP adjusted numbers.

Revenue Forecast

Chart

Revenue	2026	2027	2028
High	2.6B
Avg	2.6B
Low	2.5B

Revenue Growth

Chart

Revenue Growth	2026	2027	2028
High	12.4%
Avg	10.0%
Low	8.6%

EPS Forecast

Chart

EPS	2026	2027	2028
High	3.77
Avg	3.57
Low	3.18

EPS Growth

Chart

EPS Growth	2026	2027	2028
High	22.4%
Avg	15.8%
Low	3.2%