Exact SciencesEXAS
About: Exact Sciences, headquartered in Madison, Wisconsin, provides cancer screening and diagnostic test products in the United States and internationally. Exact's Cologuard screening test, a noninvasive stool-based DNA test, is a precancer screening test for colorectal cancer. The company also competes in the precision oncology market with Oncotype DX, a suite of tissue-based genomic tests for estimating recurrence risk and likelihood of benefit from chemotherapy for breast and colon cancer, and OncoExTra, a liquid-based comprehensive genomic profiling test. It is also developing liquid biopsy tests for molecular residual disease, colorectal cancer screening, and multicancer screening.
Employees: 6,600
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
125% more funds holding in top 10
Funds holding in top 10: 4 [Q2] → 9 (+5) [Q3]
76% more first-time investments, than exits
New positions opened: 120 | Existing positions closed: 68
62% more capital invested
Capital invested by funds: $7.63B [Q2] → $12.4B (+$4.77B) [Q3]
15% more call options, than puts
Call options by funds: $194M | Put options by funds: $169M
10% more funds holding
Funds holding: 530 [Q2] → 582 (+52) [Q3]
0.75% more ownership
Funds ownership: 97.85% [Q2] → 98.6% (+0.75%) [Q3]
15% less repeat investments, than reductions
Existing positions increased: 165 | Existing positions reduced: 195
Research analyst outlook
14 Wall Street Analysts provided 1 year price targets over the past 3 months
14 analyst ratings
B of A Securities Derik De Bruin 32% 1-year accuracy 6 / 19 met price target | 21%upside $72 | Buy Maintained | 13 Dec 2024 |
TD Cowen Dan Brennan 48% 1-year accuracy 14 / 29 met price target | 45%upside $86 | Buy Maintained | 26 Nov 2024 |
BTIG Mark Massaro 65% 1-year accuracy 20 / 31 met price target | 26%upside $75 | Buy Maintained | 26 Nov 2024 |
Piper Sandler David Westenberg 69% 1-year accuracy 27 / 39 met price target | 26%upside $75 | Overweight Maintained | 11 Nov 2024 |
Citigroup Patrick Donnelly 43% 1-year accuracy 13 / 30 met price target | 26%upside $75 | Buy Maintained | 6 Nov 2024 |
Financial journalist opinion
Based on 8 articles about EXAS published over the past 30 days