Exelixis Announces Second Quarter 2021 Financial Results and Provides Corporate Update

Go back to Exelixis Announces Second Quarter 2021 Financial Results and Provides Corporate Update

Exelixis (EXEL) PT Raised to $30 at Oppenheimer

August 6, 2021 10:36 AM EDT

Oppenheimer analyst Silvan Tuerkcan raised the price target on Exelixis (NASDAQ: EXEL) to $30.00 (from $27.00) while maintaining an Outperform rating.

The analyst commented, "EXEL provided 2Q financial results featuring record Cabo sales of $284.2M with continued uptake of nivo + cabo in 1L RCC following FDA... More

Exelixis (EXEL) Tops Q2 EPS by 30c

August 5, 2021 4:25 PM EDT

Exelixis (NASDAQ: EXEL) reported Q2 EPS of $0.37, $0.30 better than the analyst estimate of $0.07. Revenue for the quarter came in at $385.2 million versus the consensus estimate of $298.16 million.

GUIDANCE:

Exelixis sees FY2021 revenue of $1.3-1.4 billion, versus the consensus of $1.23... More