Alert: Positive Investment/Fundamental Signals (9/11/24)-Exelixis Inc (NASDAQ: EXEL)

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Meaningful positive changes in Exelixis Inc (NASDAQ: EXEL) fundamentals have recently occurred: the consensus estimate for December, 2025 increased significantly, the consensus estimate for December, 2024 increased significantly, and significant quarterly earnings acceleration occurred.

Exelixis Inc (NASDAQ: EXEL). Important positive changes in investment behavior have recently occurred: the stock’s recent price rise disrupted its longer term downtrend.

In light of these very positive signals we are reviewing our current Overall Rating of C. We would view the shares with optimism pending completion of this review in the next several days.

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Current PriceTarget Research Rating

EXEL’s future returns on capital are forecasted to exceed the cost of capital. Accordingly, the company is expected to continue to be a major Value Builder.

Exelixis has a current Value Trend Rating of C (Neutral). The Value Trend Rating reflects highly consistent signals from PTR’s two proprietary measures of a stock’s attractiveness. Exelixis has a neutral Appreciation Score of 44 and a neutral Power Rating of 51, with the Neutral Value Trend Rating the result.

Recent Price Action

Exelixis Inc (NASDAQ: EXEL) stock closed at $26.63 on 9/11/24 after an increase of 1.2%. Trading volume in this advance was normal. The stock has risen 3.1% during the last week and has been strong relative to the market over the last nine months.

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