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Exelixis, Inc. (EXEL)

POSITIVE
HealthcareBiotechnologyUnited States

Price

$53.13

Market Cap

$13.35B

Fundamental

66

Technical

85

Composite

72

AI Analysis

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Overview

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.

Balance Sheet & Liquidity

Revenue

$611M

Net Income

$210M

Free Cash Flow

$201M

Total Equity

$1.94B

Total Liabilities

$658M

Current Ratio

3.26

Interest Coverage

-

Debt/EBITDA

2.62

Earnings Per Share

Revenue & Net Income

Free Cash Flow

Income Breakdown

Fair Value Estimation

Undervalued

Fair Value

$81.28

Current Price

$53.13

Margin of Safety

+34.6%

Fair Value Range

$52.84 - $109.73

Estimation Methods

Analyst Target:$49.00
DCF:$151.48
PE-based:$44.97
Graham Growth:$155.47
EPV:$34.60
Analyst Consensus:Buy (15B / 10H / 1S)
Last Earnings Surprise:+10.07%

Valuation Metrics

P/E Ratio

65.59

ROE

10.9%

P/B Ratio

6.90

P/FCF

66.51

Gross Margin

96.7%

ROIC

8.9%

Value Creation (Economic Moat)

ROIC

8.9%

WACC

7.6%

ROIC − WACC

+1.3 pp

ROIC exceeds the cost of capital — the company is creating value for shareholders.

Fundamental Analysis Criteria

Passed (19)

  • Price CAGR 13.55%
  • ROIC 8.9%
  • Gross Margin 96.7%
  • Debt/Equity ratio
  • Operating Margin 41.1%
  • Positive Free Cash Flow
  • Current Ratio
  • Debt/EBITDA
  • Return on Tangible Assets
  • Low reliance on intangibles
  • ROE 40.2%
  • Revenue Growth 5Y 10.1%
  • Analyst Consensus 58% Buy
  • Earnings Surprise avg 10.1%
  • PEG Ratio 0.52
  • Earnings Quality (OCF/NI) 1.20
  • Share Dilution -3.4%
  • Net Margin Trend 34.5% vs 32.4%
  • Piotroski F-Score 6/9

Failed (7)

  • EPS shows upward trend
  • EPS CAGR -18.10%
  • P/FCF 66.51
  • P/B Ratio 6.90
  • CapEx intensity
  • Price below Graham Number
  • DCF valuation (Overvalued)

Unavailable (2)

  • Dividend Payout NaN%
  • Interest Coverage

Price Chart

Technical Indicators

RSI (14)

61.83

SMA 50

$47.86

SMA 200

$43.20

MACD

0.08

Volatility

2.6%

Momentum (12m)

27.2%

RSI 61.8, SMA trend bullish, momentum 27.2%.

Piotroski F-Score

6/9

Mixed signals: some areas need attention

score
criteria

Earnings Quality

1.20

High quality: earnings backed by cash

Share Dilution

-340.0%

Buying back shares. Shareholder friendly

Governance

Executive Team

NameTitleAge
Dr. Stelios Papadopoulos Ph.D.Co-Founder & Independent Chair of the Board77
Dr. Michael M. Morrissey Ph.D.CEO, President & Director64
Mr. Christopher J. SennerExecutive VP & CFO57
Dr. Brenda J. Hefti J.D., Ph.D.Senior VP & General Counsel51
Dr. Dana T. Aftab Ph.D.Executive Vice President of Research & Development61
Mr. Patrick Joseph Haley M.B.A.Executive Vice President of Commercial49
Dr. William Berg M.D.Senior Vice President of Medical Affairs-
Dr. Stefan Krauss Ph.D.VP & Head of Business Development-
Mr. Andrew Ross PetersSenior Vice President of Strategy-
Ms. Deborah Burke CPASenior VP of Finance & Controller69

Audit Risk

5

Board Risk

1

Compensation Risk

4

Shareholder Rights Risk

4

Latest News

Recent headlines for EXEL, sourced from Markets Gazette.

  • 2/28/2026POSITIVE
    3 Reasons Exelixis Stock Could Deliver Market‑Beating Returns Over the Next Decade

    U.S.-based biotech firm Exelixis Inc. is poised to deliver market-beating returns over the next decade, positioning itself as a key player in the oncology pharmaceutical sector. The company specializes in developing innovative cancer therapies through a diversified approach, encompassing small molecules, antibody-drug conjugates, and other biotherapeutics. This strategic focus on advanced technological platforms and a robust pipeline indicates a strong foundation for future growth. Investors should closely monitor Exelixis, as its capacity for innovation in cancer treatment could translate into substantial stock value appreciation, making it an attractive opportunity for those seeking long-term exposure to the biotech sector.

  • 2/20/2026POSITIVE
    Exelixis: The Cash‑Generating Biotech That I Think Deserves a Closer Look in 2026

    Exelixis Inc. is a cash-generating biotech company worth a closer look for 2026. The stock is coming off a strong year, indicating a positive trajectory and future growth potential that could appeal to investors.

via Markets Gazette

Disclaimer

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