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]
107% more first-time investments, than exits
New positions opened: 120 | Existing positions closed: 58
63% more capital invested
Capital invested by funds: $7.81B [Q2] → $12.8B (+$4.94B) [Q3]
14% more call options, than puts
Call options by funds: $194M | Put options by funds: $170M
10% more funds holding
Funds holding: 530 [Q2] → 582 (+52) [Q3]
1.24% more ownership
Funds ownership: 100.2% [Q2] → 101.44% (+1.24%) [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
Benchmark Bruce Jackson 36% 1-year accuracy 19 / 53 met price target | 26%upside $65 | Buy Reiterated | 13 Jan 2025 |
B of A Securities Derik De Bruin 68% 1-year accuracy 13 / 19 met price target | 39%upside $72 | Buy Maintained | 13 Dec 2024 |
TD Cowen Dan Brennan 41% 1-year accuracy 12 / 29 met price target | 66%upside $86 | Buy Maintained | 26 Nov 2024 |
BTIG Mark Massaro 62% 1-year accuracy 18 / 29 met price target | 45%upside $75 | Buy Maintained | 26 Nov 2024 |
Piper Sandler David Westenberg 67% 1-year accuracy 26 / 39 met price target | 45%upside $75 | Overweight Maintained | 11 Nov 2024 |
Financial journalist opinion
Based on 6 articles about EXAS published over the past 30 days