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Exelixis, Inc. (EXEL)

56.89 +2.25 (+4.12%)
At close: September 1 at 4:00:01 PM EDT
56.93 +0.04 (+0.07%)
After hours: September 1 at 7:46:39 PM EDT
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  • Previous Close 54.64
  • Open 54.75
  • Bid 54.03 x 100
  • Ask 59.66 x 100
  • Day's Range 54.75 - 56.97
  • 52 Week Range 33.76 - 57.57
  • Volume 2,397,159
  • Avg. Volume 2,566,507
  • Market Cap (intraday) 14.096B
  • Beta (5Y Monthly) 0.42
  • PE Ratio (TTM) 17.19
  • EPS (TTM) 3.31
  • Earnings Date Oct 27, 2026
  • Forward Dividend & Yield --
  • Ex-Dividend Date --
  • 1y Target Est 53.00

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 receptors. The company also offers COTELLIC, an inhibitor of MEK as a combination regimen to treat specific forms of advanced melanoma; and MINNEBRO, an oral non-steroidal selective blocker of the mineralocorticoid receptor for the treatment of hypertension in Japan. It develops zanzalintinib, a novel, potent oral inhibitor of kinases, including the TAM kinases, MET, and VEGF receptors; XL309, a small molecule inhibitor of USP1, a synthetic lethal target in the context of BRCA-mutated tumors; XB010, an antibody-drug conjugates (ADC) consisting of a MMAE payload conjugated to a monoclonal antibody targeting the tumor antigen 5T4; XB628, a first-in-class bispecific antibody that targets programmed cell death ligand 1and natural killer cell receptor group 2A; and XB371, a next-generation tissue factor targeting ADC with a topoisomerase inhibitor payload. It has research collaborations and license agreements with Ipsen Pharma SAS; Takeda Pharmaceutical Company Ltd.; F. Hoffmann-La Roche Ltd.; Catalent, Inc.; Iconic Therapeutics, Inc.; Adagene Inc.; Invenra, Inc.; Genentech, Inc.; Bristol-Myers Squibb Company; and Daiichi Sankyo Company, Limited, as well as business development activities and other collaborations. The company was formerly known as Exelixis Pharmaceuticals, Inc. and changed its name to Exelixis, Inc. in February 2000. Exelixis, Inc. was incorporated in 1994 and is headquartered in Alameda, California.

www.exelixis.com

1,077

Full Time Employees

December 31

Fiscal Year Ends

Performance Overview

Trailing total returns as of 9/1/2026, which may include dividends or other distributions. Benchmark is S&P 500 (^GSPC) .

YTD Return

EXEL
29.80%
S&P 500 (^GSPC)
11.48%

1-Year Return

EXEL
52.03%
S&P 500 (^GSPC)
18.13%

3-Year Return

EXEL
150.18%
S&P 500 (^GSPC)
69.00%

5-Year Return

EXEL
191.15%
S&P 500 (^GSPC)
68.69%

Earnings Trends

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Earnings Per Share

GAAP
Normalized
GAAP
Normalized
 

Revenue vs. Earnings

Annual
Quarterly
Annual
Quarterly
Q2 FY26
Revenue 628.69M
Earnings 212.05M
Profit Margin 33.73%

Q3

FY25

Q4

FY25

Q1

FY26

Q2

FY26

0
200M
400M
600M
34.0%
36.0%
38.0%
40.0%
 

Analyst Insights

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Analyst Price Targets

41.00 Low
53.00 Average
56.89 Current
66.00 High
 

Analyst Recommendations

  • Strong Buy
  • Buy
  • Hold
  • Underperform
  • Sell
 

Latest Rating

Date 8/19/2026
Analyst BMO Capital
Rating Action Initiated
Rating Market Perform
Price Action Announces
Price Target 54
 

Statistics

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Valuation Measures

Annual
As of 8/31/2026
  • Market Cap

    13.54B

  • Enterprise Value

    12.87B

  • Trailing P/E

    17.18

  • Forward P/E

    17.24

  • PEG Ratio (5yr expected)

    --

  • Price/Sales (ttm)

    6.07

  • Price/Book (mrq)

    7.34

  • Enterprise Value/Revenue

    5.28

  • Enterprise Value/EBITDA

    12.61

Financial Highlights

Profitability and Income Statement

  • Profit Margin

    35.33%

  • Return on Assets (ttm)

    23.97%

  • Return on Equity (ttm)

    44.39%

  • Revenue (ttm)

    2.44B

  • Net Income Avi to Common (ttm)

    860.62M

  • Diluted EPS (ttm)

    3.31

Balance Sheet and Cash Flow

  • Total Cash (mrq)

    839.39M

  • Total Debt/Equity (mrq)

    9.00%

  • Levered Free Cash Flow (ttm)

    739.72M

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Company Insights

Fair Value

56.89 Current
 

Dividend Score

0 Low
Sector Avg.
100 High
 

Hiring Score

0 Low
Sector Avg.
100 High
 

Insider Sentiment Score

0 Low
Sector Avg.
100 High
 

Research Reports

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  • Raising target price to $62.00

    EXELIXIS INC has an Investment Rating of BUY; a target price of $62.000000; an Industry Subrating of Medium; a Management Subrating of High; a Safety Subrating of Medium; a Financial Strength Subrating of High; a Growth Subrating of High; and a Value Subrating of High.

    Rating
    Price Target
     
  • Raising target price to $58.00

    EXELIXIS INC has an Investment Rating of BUY; a target price of $58.000000; an Industry Subrating of Medium; a Management Subrating of High; a Safety Subrating of Medium; a Financial Strength Subrating of High; a Growth Subrating of High; and a Value Subrating of High.

    Rating
    Price Target
     
  • Lowering target price to $56.00

    EXELIXIS INC has an Investment Rating of BUY; a target price of $56.000000; an Industry Subrating of Medium; a Management Subrating of High; a Safety Subrating of Medium; a Financial Strength Subrating of High; a Growth Subrating of High; and a Value Subrating of High.

    Rating
    Price Target
     
  • What does Argus have to say about EXEL?

    EXELIXIS INC has an Investment Rating of BUY; a target price of $62.000000; an Industry Subrating of Medium; a Management Subrating of High; a Safety Subrating of Medium; a Financial Strength Subrating of High; a Growth Subrating of High; and a Value Subrating of High.

    Rating
    Price Target
     

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