In Thursday’s Wall Street session, Exelixis Inc (NASDAQ:EXEL) shares traded at $46.26, up 3.61% from the previous session.
EXEL stock price is now 24.12% away from the 50-day moving average and 41.30% away from the 200-day moving average. The market capitalization of the company currently stands at $12.62B.
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With the price target maintained at $36, Wells Fargo recently Downgraded its rating from Overweight to Equal Weight for Exelixis Inc (NASDAQ: EXEL). On January 27, 2025, Morgan Stanley Upgraded its previous ‘Equal-Weight’ rating to ‘Overweight’ on the stock increasing its target price from $30 to quote $40, while ‘Oppenheimer’ rates the stock as ‘Perform’
In other news, STELIOS PAPADOPOULOS, Director bought 36,508 shares of the company’s stock on May 15 ’25. The stock was bought for $1,619,130 at an average price of $44.35. An SEC document containing details of the transaction can be found on the SEC’s website. On May 15 ’25, Officer PATRICK JOSEPH HALEY bought 116,383 shares of the business’s stock. A total of $5,592,739 was incurred on buying the stock at an average price of $48.05. A total of 3.31% of the company’s stock is owned by insiders.
During the past 12 months, Exelixis Inc has had a low of $20.14 and a high of $45.29. As of last week, the company has a debt-to-equity ratio of 0.09, a current ratio of 3.50, and a quick ratio of 3.44.
The net profit margin was 27.99% and return on equity was 30.22% for EXEL. The company reported revenue of $555.45 million for the quarter, compared to $425.23 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 30.62 percent.
