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Exelixis (EXEL, Biotechnology) Stock Valuation & Fair Value Quality business with a solid forward outlook

Exelixis (EXEL, Biotechnology) trades at a blended P/E of 16.9, about 35% below its historical normal valuation, with a forward growth estimate of 15.4% and a PEG of 1.10. Analysts' one-year estimates have been hit 9% of the time. Priced at its historical normal P/E of 25.9 on the same blended earnings, the 2026-09-18 close of $58.36 corresponds to about $89.40 a share. This is a valuation reference, not a price target.

DATA AS OF 2026-09-21
Blended P/E
16.9
Normal P/E
25.9
PEG
1.10
Fwd growth
15.4%
Div yield
0.0%
RSI (14)
51.5
Neutral
Technical context
  • Price $56.73 at the 2026-09-23 close, 0.6% below the 20-day average ($57.05) and 2.4% above the 50-day ($55.42).
  • RSI (14) at 51.5.
  • 52-week range $34.54 to $59.13: the price is 4.1% below the high and 64.2% above the low.

The Street vs SeerForecast

Wall Street's mean price target for EXEL is $53.69 across 16 analysts, 5.4% below the current price. The average analyst rating is Buy. Our SeerForecast read of the same stock, formed without analyst targets: quality business with a solid forward outlook. When the two disagree, start your digging there.

Valuation flags

Verdict history

tickerseer's rating has been quality business with a solid forward outlook since 2026-07-31.

Blended P/E and rating by weekBlended P/E moved from 16.6 to 16.9 between 2026-07-31 and 2026-09-21, against a normal P/E of 25.9, with 2 rating changes over 18 recorded weeks.2026-07-31: P/E 16.6, Quality business with a solid forward outlook (recalculated)2026-08-03: P/E 15.8, Quality business with a solid forward outlook2026-08-07: P/E 15.8, Quality business with a solid forward outlook (recalculated)2026-08-10: P/E 16.0, Quality business with a solid forward outlook2026-08-14: P/E 16.0, Quality business with a solid forward outlook (recalculated)2026-08-17: P/E 15.2, Quality business with a solid forward outlook2026-08-21: P/E 15.2, Quality business with a solid forward outlook (recalculated)2026-08-24: P/E 16.0, Quality business with a solid forward outlook2026-08-27: P/E 16.0, Quality business with a solid forward outlook (recalculated)2026-08-28: P/E 16.0, Quality business with a solid forward outlook (recalculated)2026-08-30: P/E 16.0, Quality business with a solid forward outlook (recalculated)2026-08-31: P/E 15.9, Quality business with a solid forward outlook2026-09-05: P/E 15.9, Quality business with a solid forward outlook (recalculated)2026-09-07: P/E 17.2, Fairly valued2026-09-12: P/E 17.2, Fairly valued (recalculated)2026-09-14: P/E 16.3, Quality business with a solid forward outlook2026-09-19: P/E 16.3, Quality business with a solid forward outlook (recalculated)2026-09-21: P/E 16.9, Quality business with a solid forward outlook20.025.0Jul 31Aug 13Aug 26Sep 8Sep 21Normal P/E 25.9
Attractively valuedFairly valuedAbove fair valueLarger dot: a stronger reading

Not every point was recorded live. Points marked recalculated apply today's valuation rules to the metrics tickerseer archived that week.

Selected weeks: the first, the latest, every week the rating moved, and the cheapest and dearest.

WeekBlended P/EPremium to normal P/ERating
2026-07-31P/E 16.6-36%Quality business with a solid forward outlook
2026-08-17P/E 15.2-41%Quality business with a solid forward outlook
2026-09-07P/E 17.2-34%Fairly valued
2026-09-14P/E 16.3-37%Quality business with a solid forward outlook
2026-09-21P/E 16.9-35%Quality business with a solid forward outlook ← now

Frequently asked questions

Is Exelixis stock overvalued?

At a blended P/E of 16.9 versus its historical normal P/E of 25.9, Exelixis trades about 35% below its typical valuation, with a PEG of 1.10 on 15.4% forward growth. tickerseer currently rates it quality business with a solid forward outlook.

What is Exelixis's fair value and PEG?

Exelixis trades at a blended P/E of 16.9 against a historical normal P/E of 25.9, a PEG of 1.10, and a forward growth estimate of 15.4%. Priced at its historical normal P/E of 25.9 on the same blended earnings, the 2026-09-18 close of $58.36 corresponds to about $89.40 a share. This is a valuation reference, not a price target.

Has tickerseer's rating of Exelixis changed?

tickerseer's rating has been quality business with a solid forward outlook since 2026-07-31.

What is the analyst price target for Exelixis?

The mean Wall Street price target for Exelixis is $53.69 across 16 analysts, 5.4% below the current price. tickerseer's SeerForecast verdict is formed independently of analyst targets.

Industry: Biotechnology. Create a free account to see the full analysis: the SeerAI score, its five quality sub-scores, valuation history, and the AI research note. Options setups and metric history are part of the paid plans.

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