Exelixis to release Q2 2026 financial results on August 5

1 min read     Updated on 23 Jul 2026, 06:03 AM
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Exelixis, Inc. will release its second quarter 2026 financial results on Wednesday, August 5, 2026, after the markets close. Management will host a conference call and webcast at 5:00 p.m. ET to discuss the results and provide a business update. A webcast replay will be available on the company's website for one year.

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Exelixis, Inc. will release its second quarter 2026 financial results on Wednesday, August 5, 2026, after the markets close. The company will host a conference call and webcast at 5:00 p.m. ET / 2:00 p.m. PT to discuss the results and provide a general business update. Access to the event will be available via the Internet from the company’s website.

Conference Call Details

To access the conference call, participants can dial the domestic number (800) 715-9871 or the international number (646) 307-1963. The conference call ID number is 5587241. The live webcast can be accessed by logging onto www.exelixis.com and proceeding to the Event Calendar page under the Investors & News heading.

Webcast Replay

A webcast replay of the conference call will be archived on www.exelixis.com for one year following the event.

About Exelixis

Exelixis is a globally ambitious oncology company innovating next-generation medicines and regimens at the forefront of cancer care. The company is rapidly evolving its product portfolio to target an expanding range of tumor types and indications with its clinically differentiated pipeline of small molecules and biotherapeutics. This approach harnesses decades of investment in science and partnerships to advance its pipeline of franchise molecules, including the novel oral kinase inhibitor zanzalintinib, and to extend the impact of its flagship commercial product, CABOMETYX (cabozantinib).

What are the expected key performance indicators for Exelixis in Q2 2026, particularly regarding CABOMETYX sales?

How might the progress of zanzalintinib impact Exelixis' competitive position in the oncology market?

What strategic partnerships or collaborations could Exelixis pursue to expand its pipeline?

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Barclays raises Exelixis price target to $49

1 min read     Updated on 14 Jul 2026, 05:24 PM
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Barclays analyst Etzer Darout maintained an Equal-Weight rating on Exelixis and raised the price target to $49 from $45. This follows similar adjustments by Wells Fargo, Truist Securities, UBS, and Citizens, all of whom increased their price targets while maintaining their respective ratings.

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Barclays analyst Etzer Darout has maintained an Equal-Weight rating on Exelixis (NASDAQ: EXEL) while raising the price target to $49 from $45. This adjustment reflects a revised valuation outlook for the biotechnology company. The revision comes as other firms have also recalibrated their expectations for Exelixis's stock performance.

Truist Securities analyst Gregory Renza previously maintained a Hold rating on Exelixis while raising the price target to $56 from $54. HC Wainwright & Co. analyst Robert Burns reiterated a Buy rating with a price target of $56. These endorsements contrast with varied perspectives on the company's valuation and future performance.

Separately, Citizens analyst Silvan Turkcan maintained a Market Outperform rating and increased the price target to $55 from $50. UBS analyst Ashwani Verma has also maintained a Neutral rating on Exelixis while raising the price target to $52 from $43. These adjustments reflect a broader assessment of Exelixis's position within the sector and its potential for operational growth.

Analyst Ratings and Price Targets

The following table details the current ratings and price targets for Exelixis:

Firm Rating Previous Price Target New Price Target
Barclays Equal-Weight $45 $49
Wells Fargo Equal-Weight $40 $49
Truist Securities Hold $54 $56
UBS Neutral $43 $52
Citizens Market Outperform $50 $55
HC Wainwright & Co. Buy N/A $56

The decision to raise price targets while adjusting ratings underscores the analysts' views that Exelixis is poised for growth, albeit with varying degrees of optimism. Investors will likely monitor the company's upcoming financial results for validation of these revised targets.

What specific operational growth drivers are prompting analysts to raise price targets despite maintaining neutral ratings?

How might Exelixis's upcoming financial results influence further adjustments to analyst ratings and price targets?

What sector-wide trends could be contributing to the broader reassessment of Exelixis's valuation?

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