Exelixis (EXEL) Stock Forecast, Price Target & Predictions


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EXEL Stock Forecast


Exelixis stock forecast is as follows: an average price target of $28.97 (represents a -0.31% downside from EXEL’s last price of $29.06) and a rating consensus of 'Buy', based on 16 wall street analysts offering a 1-year stock forecast.

EXEL Price Target


The average price target for Exelixis (EXEL) is $28.97 based on 1-year price targets from 16 Wall Street analysts in the past 3 months, with a price target range of $34.00 to $18.00. This represents a potential -0.31% downside from EXEL's last price of $29.06.

EXEL Analyst Ratings


Buy

According to 16 Wall Street analysts, Exelixis's rating consensus is 'Buy'. The analyst rating breakdown for EXEL stock is 0 'Strong Buy' (0.00%), 13 'Buy' (81.25%), 2 'Hold' (12.50%), 1 'Sell' (6.25%), and 0 'Strong Sell' (0.00%).

Exelixis Price Target by Analyst


DateAnalystCompanyPrice TargetPrice when PublishedPrice Target/Price when PublishedPrice Target/Last Closing Price
Oct 16, 2024Christopher LiuLeerink Partners$28.50$28.50--1.93%
Oct 16, 2024Kennen MacKayRBC Capital$34.00$28.5019.30%17.00%
Oct 16, 2024Chris ShibutaniGoldman Sachs$18.00$28.50-36.84%-38.06%
Oct 15, 2024Akash TewariJefferies$33.00$28.8014.60%13.56%
Oct 15, 2024Jeffrey HungMorgan Stanley$30.00$28.505.26%3.23%
Oct 14, 2024Asthika GoonewardeneTruist Financial$33.00$26.2425.76%13.56%
Oct 14, 2024Sudan LoganathanStephens$23.00$26.23-12.33%-20.85%
Oct 11, 2024Jeffrey HungMorgan Stanley$28.00$25.977.82%-3.65%
Sep 19, 2024Ashwani VermaUBS$30.00$26.8211.86%3.23%
Sep 16, 2024David LebowitzCitigroup$31.00$26.4617.16%6.68%
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The latest Exelixis stock forecast, released on Oct 16, 2024 by Christopher Liu from Leerink Partners, set a price target of $28.50, which represents a 0.00% decrease from the stock price at the time of the forecast ($28.50), and a -1.93% decrease from EXEL last price ($29.06).

Exelixis Price Target by Period


1M3M12M
# Anlaysts91316
Avg Price Target$28.61$28.96$28.84
Last Closing Price$29.06$29.06$29.06
Upside/Downside-1.55%-0.34%-0.76%

In the current month, the average price target of Exelixis stock is $28.61, according to 9 Wall Street analysts offering twelve months forecast. The average price target represents a -1.55% decrease as opposed to Exelixis's last price of $29.06. This month's average price target is down -1.21% compared to last quarter, and down -0.80% compared to last year.

Analyst Ratings Upgrades/Downgrades


DateCompanyPrevious RatingNew RatingRating Change
Oct 16, 2024Leerink PartnersMarket PerformMarket PerformHold
Oct 16, 2024RBC CapitalOutperformOutperformHold
Oct 16, 2024Goldman SachsSellSellHold
Oct 15, 2024JefferiesBuyBuyHold
Oct 15, 2024Cowen & Co.BuyBuyHold
Oct 15, 2024BMO CapitalOutperformOutperformHold
Oct 15, 2024Morgan StanleyPositivePositiveHold
Oct 14, 2024StephensEqual-WeightEqual-WeightHold
Oct 14, 2024CitigroupBuyBuyHold
Oct 11, 2024Morgan StanleyEqual-WeightEqual-WeightHold
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Exelixis's last stock rating was published by Leerink Partners on Oct 16, 2024. The company gave EXEL a "Market Perform" rating, the same as its previous rate.

Exelixis Financial Forecast


Exelixis Revenue Forecast

Dec 27Sep 27Jun 27Mar 27Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20
Revenue----------------$479.65M$471.92M$469.85M$408.79M$423.92M$411.74M$419.43M$355.98M$451.14M$328.42M$385.18M$270.23M$270.05M$231.09M
Avg Forecast$711.40M$684.30M$647.50M$573.60M$562.70M$541.60M$521.20M$478.30M$535.52M$521.20M$503.22M$474.32M$499.75M$489.15M$465.47M$461.04M$480.33M$473.48M$446.29M$422.66M$417.61M$403.47M$391.03M$374.45M$355.78M$358.58M$300.03M$266.56M$270.00M$214.67M
High Forecast$711.40M$684.30M$647.50M$573.60M$562.70M$541.60M$521.20M$478.30M$535.52M$521.20M$503.22M$474.32M$499.75M$497.84M$465.47M$461.04M$514.18M$497.32M$446.29M$422.66M$417.61M$403.47M$391.03M$374.45M$355.78M$358.58M$300.03M$266.56M$270.00M$214.67M
Low Forecast$711.40M$684.30M$647.50M$573.60M$562.70M$541.60M$521.20M$478.30M$535.52M$521.20M$503.22M$474.32M$499.75M$480.74M$465.47M$461.04M$449.25M$446.19M$446.29M$422.66M$417.61M$403.47M$391.03M$374.45M$355.78M$358.58M$300.03M$266.56M$270.00M$214.67M
# Analysts1171377797610612131477101577111111117777713
Surprise %----------------1.00%1.00%1.05%0.97%1.02%1.02%1.07%0.95%1.27%0.92%1.28%1.01%1.00%1.08%

Exelixis's average Quarter revenue forecast for Mar 24 based on 7 analysts is $461.04M, with a low forecast of $461.04M, and a high forecast of $461.04M. EXEL's average Quarter revenue forecast represents a -3.88% decrease compared to the company's last Quarter revenue of $479.65M (Dec 23).

Exelixis EBITDA Forecast

Dec 27Sep 27Jun 27Mar 27Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20
# Analysts1171377797610612131477101577111111117777713
EBITDA----------------$88.31M$-17.58M$77.85M$28.83M$-48.08M$88.28M$88.48M$83.24M$119.95M$58.06M$128.56M$1.21M$30.54M$-35.67M
Avg Forecast$131.68M$126.66M$119.85M$106.17M$104.15M$100.25M$96.47M$88.53M$99.12M$96.47M$93.14M$87.80M$92.50M$90.54M$86.16M$70.06M$88.91M$87.64M$82.61M$63.69M$77.30M$74.68M$72.38M$50.35M$65.85M$66.37M$55.53M$1.82M$49.98M$39.73M
High Forecast$131.68M$126.66M$119.85M$106.17M$104.15M$100.25M$96.47M$88.53M$99.12M$96.47M$93.14M$87.80M$92.50M$92.15M$86.16M$84.07M$95.17M$92.05M$82.61M$76.43M$77.30M$74.68M$72.38M$60.42M$65.85M$66.37M$55.53M$2.18M$49.98M$39.73M
Low Forecast$131.68M$126.66M$119.85M$106.17M$104.15M$100.25M$96.47M$88.53M$99.12M$96.47M$93.14M$87.80M$92.50M$88.98M$86.16M$56.05M$83.15M$82.59M$82.61M$50.95M$77.30M$74.68M$72.38M$40.28M$65.85M$66.37M$55.53M$1.45M$49.98M$39.73M
Surprise %----------------0.99%-0.20%0.94%0.45%-0.62%1.18%1.22%1.65%1.82%0.87%2.31%0.67%0.61%-0.90%

7 analysts predict EXEL's average Quarter EBITDA for Mar 24 to be $70.06M, with a high of $84.07M and a low of $56.05M. This is -20.67% lower than Exelixis's previous annual EBITDA (Dec 23) of $88.31M.

Exelixis Net Income Forecast

Dec 27Sep 27Jun 27Mar 27Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20
# Analysts1171377797610612131477101577111111117777713
Net Income----------------$85.52M$1.04M$81.18M$40.03M$-30.17M$73.21M$70.67M$68.57M$95.17M$38.20M$96.09M$1.60M$28.39M$-32.04M
Avg Forecast----$199.93M$187.23M$174.62M$150.01M$112.78M$113.86M$102.31M$90.14M$93.72M$100.13M$91.08M$52.48M$67.02M$28.79M$45.27M$47.71M$-32.46M$56.31M$57.82M$37.72M$17.93M$57.46M$17.88M$2.40M$16.84M$2.94M
High Forecast----$199.93M$187.23M$174.62M$150.01M$112.78M$113.86M$102.31M$90.14M$93.72M$114.44M$91.11M$62.98M$77.83M$51.82M$45.27M$57.25M$-32.46M$56.31M$57.82M$45.26M$17.93M$57.46M$17.88M$2.88M$16.84M$2.94M
Low Forecast----$199.93M$187.23M$174.62M$150.01M$112.78M$113.86M$102.31M$90.14M$93.72M$88.21M$91.06M$41.98M$54.05M$-24.95M$45.27M$38.17M$-32.46M$56.31M$57.82M$30.17M$17.93M$57.46M$17.88M$1.92M$16.84M$2.94M
Surprise %----------------1.28%0.04%1.79%0.84%0.93%1.30%1.22%1.82%5.31%0.66%5.37%0.67%1.69%-10.90%

Exelixis's average Quarter net income forecast for Mar 24 is $52.48M, with a range of $41.98M to $62.98M. EXEL's average Quarter net income forecast represents a -38.63% decrease compared to the company's last Quarter net income of $85.52M (Dec 23).

Exelixis SG&A Forecast

Dec 27Sep 27Jun 27Mar 27Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20
# Analysts1171377797610612131477101577111111117777713
SG&A----------------$131.44M$138.14M$141.72M$131.40M$119.25M$114.98M$122.76M$102.86M$99.31M$101.56M$98.50M$102.35M$82.44M$88.19M
Avg Forecast$198.45M$190.89M$180.63M$160.01M$156.97M$151.09M$145.40M$133.43M$149.39M$145.39M$140.38M$132.32M$139.41M$136.46M$129.85M$78.72M$133.99M$132.08M$124.50M$71.57M$116.50M$112.55M$109.08M$56.57M$99.25M$100.03M$83.70M$153.53M$75.32M$59.88M
High Forecast$198.45M$190.89M$180.63M$160.01M$156.97M$151.09M$145.40M$133.43M$149.39M$145.39M$140.38M$132.32M$139.41M$138.88M$129.85M$94.47M$143.44M$138.73M$124.50M$85.88M$116.50M$112.55M$109.08M$67.89M$99.25M$100.03M$83.70M$184.23M$75.32M$59.88M
Low Forecast$198.45M$190.89M$180.63M$160.01M$156.97M$151.09M$145.40M$133.43M$149.39M$145.39M$140.38M$132.32M$139.41M$134.11M$129.85M$62.98M$125.32M$124.47M$124.50M$57.25M$116.50M$112.55M$109.08M$45.26M$99.25M$100.03M$83.70M$122.82M$75.32M$59.88M
Surprise %----------------0.98%1.05%1.14%1.84%1.02%1.02%1.13%1.82%1.00%1.02%1.18%0.67%1.09%1.47%

Exelixis's average Quarter SG&A projection for Mar 24 is $78.72M, based on 7 Wall Street analysts, with a range of $62.98M to $94.47M. The forecast indicates a -40.11% fall compared to EXEL last annual SG&A of $131.44M (Dec 23).

Exelixis EPS Forecast

Dec 27Sep 27Jun 27Mar 27Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20
# Analysts1171377797610612131477101577111111117777713
EPS------------------$0.25$0.12$-0.09$0.23$0.22$0.21$0.30$0.12$0.31$0.01$0.09$-0.10
Avg Forecast----$0.68$0.64$0.59$0.51$0.38$0.39$0.35$0.31$0.32$0.34$0.31$0.22$0.23$0.10$0.15$0.16$-0.11$0.19$0.20$0.14$0.06$0.20$0.06$0.03$0.06$0.01
High Forecast----$0.68$0.64$0.59$0.51$0.38$0.39$0.35$0.31$0.32$0.39$0.31$0.23$0.26$0.18$0.15$0.16$-0.11$0.19$0.20$0.14$0.06$0.20$0.06$0.03$0.06$0.01
Low Forecast----$0.68$0.64$0.59$0.51$0.38$0.39$0.35$0.31$0.32$0.30$0.31$0.22$0.18$-0.08$0.15$0.16$-0.11$0.19$0.20$0.14$0.06$0.20$0.06$0.03$0.06$0.01
Surprise %-----------------0.03%1.62%0.75%0.84%1.20%1.12%1.48%4.92%0.61%5.10%0.17%1.57%-10.00%

According to 10 Wall Street analysts, Exelixis's projected average Quarter EPS for Dec 23 is $0.23, with a low estimate of $0.18 and a high estimate of $0.26. This represents a 6808.18% increase compared to EXEL previous annual EPS of - (Sep 23).

Exelixis Peer Comparison by Price Target


TickerCompanyLast Closing PriceAvg Price TargetUpside/DownsideAvg Rating
BTAIBioXcel Therapeutics$0.57$12.002005.26%Buy
KODKodiak Sciences$3.30$31.60857.58%Buy
XFORX4 Pharmaceuticals$0.50$3.67634.00%Buy
PDSBPDS Bio$3.10$9.00190.32%Buy
VKTXViking Therapeutics$64.62$100.5055.52%Buy
MDGLMadrigal Pharmaceuticals$210.47$315.7550.02%Buy
BMRNBioMarin Pharmaceutical$69.47$103.6549.20%Buy
SRPTSarepta Therapeutics$124.25$169.9336.76%Buy
PTCTPTC Therapeutics$37.01$46.5025.64%Hold
TGTXTG Therapeutics$23.94$26.4010.28%Buy
HALOHalozyme Therapeutics$52.28$56.868.76%Buy
KRYSKrystal Biotech$176.82$191.008.02%Buy
EXELExelixis$29.06$28.97-0.31%Buy
ALNYAlnylam Pharmaceuticals$296.75$255.79-13.80%Buy

EXEL Forecast FAQ


Yes, according to 16 Wall Street analysts, Exelixis (EXEL) is considered a 'Buy'. The rating consensus is based on 0 'Strong Buy' and 13 'Buy' recommendations, accounting for 81.25% of EXEL's total ratings.

Exelixis (EXEL) average price target is $28.97 with a range of $18 to $34, implying a -0.31% from its last price of $29.06. The data is based on 16 Wall Street analysts who provided a twelve-month price target estimate in the last three months.

According to Wall Street analysts' prediction for EXEL stock, the company can go down by -0.31% (from the last price of $29.06 to the average price target of $28.97), up by 17.00% based on the highest stock price target, and down by -38.06% based on the lowest stock price target.

EXEL's average twelve months analyst stock price target of $28.97 does not support the claim that Exelixis can reach $40 in the near future.

9 Wall Street analysts forecast a $28.61 price target for Exelixis (EXEL) this month, down -1.55% from its last price of $29.06. Compared to the last 3 and 12 months, the average price target decreased by -0.34% and decreased by -0.76%, respectively.

Exelixis's analysts financial forecasts for the fiscal year (Dec 2026) are as follows: average revenue is $2.1B (high $2.1B, low $2.1B), average EBITDA is $389.4M (high $389.4M, low $389.4M), average net income is $711.8M (high $711.8M, low $711.8M), average SG&A $586.88M (high $586.88M, low $586.88M), and average EPS is $2.42 (high $2.42, low $2.42). EXEL's analysts financial forecasts for the fiscal year (Dec 2027) are as follows: average revenue is $2.62B (high $2.62B, low $2.62B), average EBITDA is $484.36M (high $484.36M, low $484.36M), average net income is $0 (high $0, low $0), average SG&A $729.99M (high $729.99M, low $729.99M), and average EPS is $0 (high $0, low $0).

Based on Exelixis's last annual report (Dec 2023), the company's revenue was $1.83B, beating the average analysts forecast of $1.82B by 0.41%. Apple's EBITDA was $196.6M, missing the average prediction of $322.84M by -39.10%. The company's net income was $207.76M, beating the average estimation of $188.79M by 10.05%. Apple's SG&A was $542.7M, beating the average forecast of $462.14M by 17.43%. Lastly, the company's EPS was $0.65, beating the average prediction of $0.641 by 1.48%. In terms of the last quarterly report (Dec 2023), Exelixis's revenue was $479.65M, missing the average analysts' forecast of $480.33M by -0.14%. The company's EBITDA was $88.31M, missing the average prediction of $88.91M by -0.67%. Exelixis's net income was $85.52M, beating the average estimation of $67.02M by 27.61%. The company's SG&A was $131.44M, missing the average forecast of $133.99M by -1.90%. Lastly, the company's EPS was $0, missing the average prediction of $0.228 by -100.00%