Exelixis Inc [EXEL] Stock trading around $37.18 per share: What’s Next?

Exelixis Inc [NASDAQ: EXEL] gained 0.32% on the last trading session, reaching $37.18 price per share at the time.

If compared to the average trading volume of 2.59M shares, EXEL reached a trading volume of 2969247 in the most recent trading day, which is why market watchdogs consider the stock to be active.

Here is what top equities market gurus are saying about 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 $37.19 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 2.04. 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.

Wells Fargo have made an estimate for Exelixis Inc shares, keeping their opinion on the stock as Equal Weight, with their previous recommendation back on February 24, 2025. While these analysts kept the previous recommendation, Morgan Stanley raised their target price from $30 to $40. The new note on the price target was released on January 27, 2025, representing the official price target for Exelixis Inc stock. On December 20, 2024, analysts increased their price target for EXEL shares from 36 to 40.

The Average True Range (ATR) for Exelixis Inc is set at 1.10, with the Price to Sales ratio for EXEL stock in the period of the last 12 months amounting to 4.80. The Price to Book ratio for the last quarter was 4.67, with the Price to Cash per share for the same quarter was set at 3.97. Price to Free Cash Flow for EXEL in the course of the last twelve months was 15.50 with Quick ratio for the last quarter at 3.58.

Trading performance analysis for EXEL stock

Exelixis Inc [EXEL] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 1.03. With this latest performance, EXEL shares gained by 6.02% in over the last four-week period, additionally plugging by 34.71% over the last 6 months – not to mention a rise of 60.47% 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 53.69, with the RSI for the last a single of trading hit 51.72, and the three-weeks RSI is set at 54.57 for Exelixis Inc [EXEL]. The present Moving Average for the last 50 days of trading for this stock 35.54, while it was recorded at 36.85 for the last single week of trading, and 29.82 for the last 200 days.

Exelixis Inc [EXEL]: A deeper dive into fundamental analysis

Exelixis Inc’s liquidity data is similarly interesting compelling, with a Quick Ratio of 3.58 and a Current Ratio set at 3.63.

Exelixis Inc [EXEL]: An earnings per share (EPS) analysis

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 20.83%.

An analysis of Institutional ownership at Exelixis Inc [EXEL]

There are presently around $92.31%, or 94.04%% 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 9.371%.