Exelixis Inc [EXEL] Revenue clocked in at $2.08 billion, up 35.22% YTD: What’s Next?

Exelixis Inc [NASDAQ: EXEL] price surged by 12.91 percent to reach at $3.71.

The one-year EXEL stock forecast points to a potential downside of -1.06. The average equity rating for EXEL stock is currently 1.91, trading closer to a bullish pattern in the stock market.

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Guru’s Opinion on Exelixis Inc [EXEL]:

Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for EXEL shares is $32.10 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on EXEL stock is a recommendation set at 1.91. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.

RBC Capital Mkts have made an estimate for Exelixis Inc shares, keeping their opinion on the stock as Outperform, with their previous recommendation back on October 16, 2024. While these analysts kept the previous recommendation, UBS raised their target price to Neutral. The new note on the price target was released on September 19, 2024, representing the official price target for Exelixis Inc stock. Previously, the target price had yet another raise to $25, while Barclays analysts kept a Equal Weight rating on EXEL stock.

The Average True Range (ATR) for Exelixis Inc is set at 0.99, with the Price to Sales ratio for EXEL stock in the period of the last 12 months amounting to 4.45. The Price to Book ratio for the last quarter was 4.07, with the Price to Cash per share for the same quarter was set at 4.17. Price to Free Cash Flow for EXEL in the course of the last twelve months was 21.39 with Quick ratio for the last quarter at 3.88.

EXEL Stock Performance Analysis:

Exelixis Inc [EXEL] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 14.55. With this latest performance, EXEL shares gained by 23.35% in over the last four-week period, additionally plugging by 47.96% over the last 6 months – not to mention a rise of 60.28% in the past year of trading.

Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for EXEL stock in for the last two-week period is set at 78.34, with the RSI for the last a single of trading hit 83.13, and the three-weeks RSI is set at 74.85 for Exelixis Inc [EXEL]. The present Moving Average for the last 50 days of trading for this stock 26.82, while it was recorded at 29.13 for the last single week of trading, and 23.61 for the last 200 days.

Insight into Exelixis Inc Fundamentals:

Exelixis Inc’s liquidity data is similarly interesting compelling, with a Quick Ratio of 3.88 and a Current Ratio set at 3.93.

EXEL Stock EPS

The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for EXEL. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for Exelixis Inc go to 29.92%.

Exelixis Inc [EXEL] Institutonal Ownership Details

There are presently around $87.33%, or 88.86%% of EXEL stock, in the hands of institutional investors. The top three institutional holders of EXEL stocks are: BLACKROCK INC. with ownership of 33.5 million shares, which is approximately 11.1393%. VANGUARD GROUP INC, holding 29.65 million shares of the stock with an approximate value of $$666.33 million in EXEL stocks shares; and VANGUARD GROUP INC, currently with $$608.99 million in EXEL stock with ownership which is approximately 9.0114%.