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EXEL

EXEL

Healthcare · Biotechnology

$52.67-0.62%
Mkt Cap: $13.24B

Performance

EXEL (EXEL) Stock Analysis 2026

Rule-based · Updated daily · Not financial advice

EXEL (EXEL) operates in the Biotechnology space within the Healthcare sector. With a market cap of $13.2B, it qualifies as a mid-cap company. The company is growing revenue strongly while maintaining healthy profitability — a combination that investors typically reward with a premium valuation.

Bull Case7
  • Forward P/E (13.0×) is lower than trailing P/E (17.4×) — analysts expect earnings to improve
  • Revenue growth of 10% YoY shows solid business momentum
  • Earnings grew 44% YoY — bottom-line is expanding fast
  • Exceptional profit margin of 35.1% — the business retains a large share of each dollar earned
  • ROE of 41.0% shows management efficiently converts equity into profit
  • Current ratio of 3.3× — ample short-term liquidity
  • Low beta of 0.43 — less volatile than the market, suitable for conservative portfolios
Bear Case3
  • High debt-to-equity of 8.76× increases financial risk, especially with elevated interest rates
  • No dividend history — total return depends entirely on price appreciation
  • Price is near its 52-week high — limited near-term upside, higher pullback risk

Verdict

Strong Buy

Multiple fundamental strengths with few red flags. Long-term buyers may find this compelling.

AI Insight

Powered by Claude

AI-generated analysis for informational purposes only. Not financial advice.

Related Articles

Revenue & Results

Dividends

This stock does not pay dividends.

If You Had Invested…

Hypothetical return based on historical prices

$

* Dividend reinvestment calculated at ex-date price. For informational purposes only.

Earnings

Next Earnings

Aug 4, 2026

49

days

EPS (TTM)

$3.02

P/E (TTM)

17.4

Fwd P/E

13.0

Earnings History

SEC EDGAR · official filings

SEC filings

SEC Filings

Official EDGAR documents

All filings

Key Statistics

Valuation

Market Cap$13.24B
P/E Ratio17.44
Forward P/E13.01
P/B Ratio
PEG Ratio2.56
EPS (TTM)$3.02

Trading

Open
Day High
Day Low
52W High$53.93
52W Low$33.76
Volume
Avg Volume (3M)2,549,269
Beta0.43

Dividends

Dividend Yield
Annual Rate
Ex-Div Date
Payout Ratio0.00%

Profitability

Profit Margin35.08%
Operating Margin41.15%
ROE40.99%
ROA22.03%
Revenue Growth10.00%
Earnings Growth43.60%

Balance Sheet

Total Revenue$2.38B
Total Debt$169.54M
Debt / Equity8.76
Current Ratio3.26
Free Cash Flow$629.12M

Fair Value Estimates

Current price: $52.67

Graham Number

√(22.5 × EPS × Book Value)

$22.77

-56.8% downside

Benjamin Graham's intrinsic value formula. Assumes a fair stock trades at no more than 22.5× the product of EPS and book value per share.

Bazin Ceiling Price

Avg. Annual DPS (5Y) ÷ 6%

N/A

Décio Bazin's dividend-based ceiling. The max price you should pay so that dividends alone deliver at least 6% annual yield on your cost basis.

These are simplified estimates. Not financial advice.

Buy & Hold Checklist

Quality criteria for long-term holding

6/10

75% score

Pays dividends

No dividend history found

Dividend consistency (5Y+)

Uninterrupted dividend payments for at least 5 years

ROE above 10%

41.0%

Return on equity — measures how efficiently capital is used

Positive profit margin

35.1%

Net profit margin must be positive — company earns more than it spends

Revenue growth (annual)

+10.0%

Annual revenue must be growing compared to the prior year

Earnings growth (annual)

+43.6%

Annual earnings must be growing compared to the prior year

Debt/Equity below 2×

8.76×

Low financial leverage reduces risk of distress

Current ratio above 1

3.26×

Short-term assets must cover short-term liabilities

Daily liquidity above $5M

$134M/day

High trading volume ensures easy entry and exit

Dividend yield above 0%

Stock must distribute income to shareholders

Related Assets

Healthcare

About EXEL

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.

Sector

Healthcare

Industry

Biotechnology

Location

Alameda, United States

Employees

1,077