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home / news releases / EXEL - Exelixis: Recent Q3 Selloff Offers A Compelling Opportunity

EXEL - Exelixis: Recent Q3 Selloff Offers A Compelling Opportunity

Exelixis Inc.
  • Since the last earnings report, shares of Exelixis declined over 20% because of a slight adjustment of the FJ outlook.
  • Total revenue is still likely to grow 35% in FJ 2021 at the midpoint of the updated guidance.
  • The company continues to expand the Cabometxy label with further indications, ensuring stable growth in the coming years.
  • Valuation does not look very expensive with a forward EV/Sales of 2.6 and a forward P/E of 23.2 given the prospects.

For further details see:

Exelixis: Recent Q3 Selloff Offers A Compelling Opportunity
Stock Information
Company Name: Exelixis Inc.
Stock Symbol: EXEL
Market: NASDAQ
Website: exelixis.com
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