ExelixisEXEL
About: Exelixis is a biopharmaceutical firm that discovers, develops, and commercializes treatments for cancer. Its lead molecule, cabozantinib, is indicated for the treatment of patients with metastatic medullary thyroid cancer under the name Cometriq and for the treatment of kidney and liver cancer under the name Cabometyx. Exelixis and its partner Roche have also brought Cotellic to market for the treatment of melanoma.
Employees: 1,310
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
80% more first-time investments, than exits
New positions opened: 83 | Existing positions closed: 46
15% more capital invested
Capital invested by funds: $5.52B [Q2] → $6.37B (+$844M) [Q3]
9% more funds holding
Funds holding: 408 [Q2] → 445 (+37) [Q3]
1.61% more ownership
Funds ownership: 84.44% [Q2] → 86.05% (+1.61%) [Q3]
4% more call options, than puts
Call options by funds: $70.4M | Put options by funds: $67.6M
0% more funds holding in top 10
Funds holding in top 10: 7 [Q2] → 7 (+0) [Q3]
13% less repeat investments, than reductions
Existing positions increased: 140 | Existing positions reduced: 160
Research analyst outlook
12 Wall Street Analysts provided 1 year price targets over the past 3 months
12 analyst ratings
BMO Capital Etzer Darout 29% 1-year accuracy 12 / 41 met price target | 20%upside $40 | Market Perform Downgraded | 20 Dec 2024 |
B of A Securities Jason Gerberry 43% 1-year accuracy 9 / 21 met price target | 17%upside $39 | Neutral Downgraded | 17 Dec 2024 |
Guggenheim Michael Schmidt 26% 1-year accuracy 5 / 19 met price target | 1%downside $33 | Buy Maintained | 30 Oct 2024 |
Stephens & Co. Sudan Loganathan 0 / 0 met price target | 13%downside $29 | Equal-Weight Maintained | 30 Oct 2024 |
Piper Sandler Joseph Catanzaro 32% 1-year accuracy 10 / 31 met price target | 8%upside $36 | Overweight Maintained | 30 Oct 2024 |
Financial journalist opinion
Based on 15 articles about EXEL published over the past 30 days