Yahoo · Oct 31, 2026
Earnings Beat Could Be A Game Changer For Exelixis Stock (EXEL)
Exelixis reported third quarter 2026 revenue of US$658.7 million and net income of US$218.1 million, with earnings per share above Wall Street expectations and full year revenue guidance maintained at US$2.5b to US$2.55b. The business leaned on its cabozantinib franchise while spotlighting zanzalintinib, which now has multiple pivotal trials running and an FDA action date set for its colorectal cancer filing in March 2027. The next step is to consider how Exelixis' investment narrative could...

