Exelixis, Inc. (EXEL)

Exelixis Stock Forecast

Stock Price Forecast

According to 21 professional analysts, the 12-month price target for Exelixis stock ranges from a low of $33 to a high of $60. The average analyst price target of $44 forecasts a 12.70% increase in the stock price over the next year.

Price Target: $44.00 (+12.70%)

Analyst Consensus: Buy

Target	Low	Average	Median	High
Price	$33	$44	$45	$60
Change	-15.47%	+12.70%	+15.27%	+53.69%

Analyst Ratings

The average analyst rating for Exelixis stock is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.

Recommendation Trends

Rating	Apr '25	May '25	Jun '25	Jul '25	Aug '25	Sep '25
Strong Buy	6	6	6	7	7	8
Buy	4	4	5	6	6	6
Hold	8	8	7	8	8	8
Sell	0	0	0	0	0	0
Strong Sell	0	0	0	0	0	0
Total	18	18	18	21	21	22

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Sean Laaman Morgan Stanley	Morgan Stanley	Buy Maintains $46 → $50	Buy	Maintains	$46 → $50	+28.07%	Sep 17, 2025
Paul Choi Goldman Sachs	Goldman Sachs	Strong Buy Initiates $47	Strong Buy	Initiates	$47	+20.39%	Sep 17, 2025
Etzer Darout Barclays	Barclays	Hold Initiates $40	Hold	Initiates	$40	+2.46%	Sep 17, 2025
Robert Burns HC Wainwright & Co.	HC Wainwright & Co.	Strong Buy Maintains $53 → $46	Strong Buy	Maintains	$53 → $46	+17.83%	Aug 12, 2025
Ashwani Verma UBS	UBS	Hold Maintains $43 → $38	Hold	Maintains	$43 → $38	-2.66%	Jul 30, 2025

More Analyst Ratings

Financial Forecast

Revenue This Year

2.37B

Increased by 9.19%

from 2.17B

Revenue Next Year

2.67B

Increased by 12.54%

from 2.37B

EPS This Year

2.42

Increased by 37.38%

from 1.76

EPS Next Year

2.92

Increased by 20.66%

from 2.42

Fiscal Year	FY 2020	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026
Period Ending	Dec 31, 2020	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023	Dec 31, 2024	Dec 31, 2025	Dec 31, 2026
Revenue	987.54M	1.43B	1.61B	1.83B	2.17B	2.37B	2.67B
Revenue Growth	2.04%	45.31%	12.27%	13.60%	18.50%	9.19%	12.54%
EPS	0.35	0.72	0.56	0.65	1.76	2.42	2.92
EPS Growth	-65.69%	105.71%	-22.22%	16.07%	170.77%	37.38%	20.66%
Forward PE	-	-	-	-	-	16.15	13.38
No. Analysts	-	-	-	-	-	21	22

Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue	2025	2026	2027	2028	2029
High	2.5B	3.1B
Avg	2.4B	2.7B
Low	2.2B	2.3B

Revenue Growth

Revenue Growth	2025	2026	2027	2028	2029
High	16.4%	31.7%
Avg	9.2%	12.5%
Low	0.3%	-3.7%

EPS Forecast

EPS	2025	2026	2027	2028	2029
High	2.73	3.52
Avg	2.42	2.92
Low	2.23	2.15

EPS Growth

EPS Growth	2025	2026	2027	2028	2029
High	55.1%	45.5%
Avg	37.4%	20.7%
Low	27.0%	-11.2%

Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.