Exelixis Stock Forecast

Stock Price Forecast

The 16 analysts with 12-month price forecasts for Exelixis stock have an average target of 32.75, with a low estimate of 25 and a high estimate of 40. The average target predicts a decrease of -1.62% from the current stock price of 33.29.

Analyst Consensus: Buy

Target	Low	Average	Median	High
Price	$25	$32.75	$34	$40
Change	-24.90%	-1.62%	+2.13%	+20.16%

Analyst Ratings

The average analyst rating for Exelixis stock from 16 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.

Recommendation Trends

Rating	Jul '24	Aug '24	Sep '24	Oct '24	Nov '24	Dec '24
Strong Buy	6	6	6	7	7	4
Buy	3	3	3	6	6	5
Hold	5	4	5	5	5	7
Sell	0	0	0	0	0	0
Strong Sell	0	0	0	0	0	0
Total	14	13	14	18	18	16

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Etzer Darout BMO Capital	BMO Capital	Buy → Hold Downgrades $36 → $40	Buy → Hold	Downgrades	$36 → $40	+20.16%	Dec 20, 2024
Jason Gerberry B of A Securities	B of A Securities	Strong Buy → Hold Downgrades $35 → $39	Strong Buy → Hold	Downgrades	$35 → $39	+17.15%	Dec 17, 2024
Michael Schmidt Guggenheim	Guggenheim	Strong Buy Maintains $32 → $33	Strong Buy	Maintains	$32 → $33	-0.87%	Oct 30, 2024
Sudan Loganathan Stephens & Co.	Stephens & Co.	Hold Maintains $23 → $29	Hold	Maintains	$23 → $29	-12.89%	Oct 30, 2024
Joseph Catanzaro Piper Sandler	Piper Sandler	Buy Maintains $33 → $36	Buy	Maintains	$33 → $36	+8.14%	Oct 30, 2024

More Analyst Ratings

Financial Forecast

Revenue This Year

2.21B

from 1.83B

20.59%

from 1.83B

Revenue Next Year

2.24B

from 2.21B

1.50%

from 2.21B

EPS This Year

1.74

from 0.65

167.28%

from 0.65

EPS Next Year

1.73

from 1.74

-0.36%

from 1.74

Fiscal Year	FY 2019	FY 2020	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026
Period Ending	Dec 31, 2019	Dec 31, 2020	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023	Dec 31, 2024	Dec 31, 2025	Dec 31, 2026
Revenue	967.78M	987.54M	1.43B	1.61B	1.83B	2.21B	2.24B	2.49B
Revenue Growth	13.35%	2.04%	45.31%	12.27%	13.60%	20.59%	1.50%	11.21%
EPS	1.02	0.35	0.72	0.56	0.65	1.74	1.73	2.26
EPS Growth	-53.85%	-65.69%	105.71%	-22.22%	16.07%	167.28%	-0.36%	30.70%
Forward PE	-	-	-	-	-	19.16	19.23	14.71
No. Analysts	-	-	-	-	-	24	24	20

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

Revenue Forecast

Revenue	2024	2025	2026
High	2.3B	2.5B	2.9B
Avg	2.2B	2.2B	2.5B
Low	2.1B	1.9B	2.1B

Revenue Growth

Revenue Growth	2024	2025	2026
High	25.1%	14.3%	31.3%
Avg	20.6%	1.5%	11.2%
Low	14.9%	-15.1%	-8.3%

EPS Forecast

EPS	2024	2025	2026
High	2.12	2.31	3.22
Avg	1.74	1.73	2.26
Low	1.44	1.08	1.73

EPS Growth

EPS Growth	2024	2025	2026
High	226.3%	33.0%	86.2%
Avg	167.3%	-0.4%	30.7%
Low	121.6%	-38.0%	0.2%

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.