Skip to main content
Advertisement
Advertisement

Exelixis Shares Rising on CABOMETYX Revenue

By: 
Lucas Downey
Wall Street buildings and US flag

Big Money pushes Exelixis, Inc. (EXEL) shares higher by 149% since 2017.

EXEL is an oncology company that discovers, develops, and commercializes new treatments for hard-to-treat cancers. Its second-quarter 2026 report showed $629 million in quarterly revenue ($573 million from its cabozantinib product (CABOMETYX) alone, a 10% year-over-year rise), GAAP net income of $212 million ($0.82 per diluted share), $1.4 billion in cash, and $312 million in repurchases last quarter.

It’s no wonder EXEL shares are up 34% so far this year – and they could rise more. MoneyFlows data shows how Big Money investors are betting heavily on the forward picture of the stock.

Institutions Buy Up Exelixis

Institutional volumes reveal plenty. In the last year, EXEL has enjoyed strong investor demand, which we believe to be institutional support.

Each green bar signals unusually large volumes in EXEL shares. They reflect our proprietary inflow signal, pushing the stock higher:

Stock price chart for Exelixis, Inc. (EXEL), spanning Sep. 29, 2025–Sep. 29, 2026, tracks price movement alongside investor inflow and outflow markers. Blue line rises from roughly $40 to $58, with notable dips near March and August; green vertical lines mark inflows, while magenta lines mark outflows.
Institutional inflows have pushed EXEL shares up 34% so far in 2026 and 42% in a year. Source: www.moneyflows.com

Plenty of health care names are under accumulation right now. But there’s a powerful fundamental story happening with Exelixis.

Exelixis Fundamental Analysis

Institutional support and a healthy fundamental backdrop make this company worth investigating. As you can see, EXEL has had strong sales and earnings growth:

  • 3-year sales growth rate (+13%)
  • 3-year EPS growth rate (+83.6%)

Source: FactSet

Also, EPS is estimated to ramp higher this year by +17.7%.

Now it makes sense why the stock has been generating Big Money interest. EXEL has a track record of strong financial performance.

Marrying great fundamentals with our proprietary software has found some big winning stocks over the long term.

Exelixis has been a top-rated stock at MoneyFlows. That means the stock has unusual buy pressure and growing fundamentals. We have a ranking process that showcases stocks like this on a weekly basis.

It’s made the rare Outlier 20 report 32 times since 2017, rising 149% since the first outlier inflow signal. The blue bars below show when EXEL was a top pick in the last year…institutions love this stock:

Line chart tracking Exelixis, Inc. (EXEL) stock price from Sep 29, 2025, to Sep 29, 2026, with values ranging roughly $34–$58. Blue price line shows overall upward trend, while teal vertical markers identify outlier inflows; legend also lists yellow outlier outflows, with monthly labels and right-axis dollar scale.
Shares of EXEL have seen eight outlier inflow signals in the past year and 32 overall since 2017. Source: www.moneyflows.com

Tracking unusual volumes reveals the power of money flows.

This is a trait that most outlier stocks exhibit…the best of the best. Big Money demand drives stocks upward.

Exelixis Price Prediction

The EXEL action isn’t new at all. Big Money buying in the shares is signaling to take notice. Given the historical gains in share price and strong fundamentals, this stock could be worth a spot in a diversified portfolio.

Disclosure: the author holds no position in EXEL at the time of publication.

If you are a Registered Investment Advisor (RIA) or a serious investor, take your investing to the next level. MoneyFlows created 11 Frontiers indexes to help serious investors capture AI-driven themes and learn the leading stocks in each Frontier. Get started here.

About the Author

Lucas Downeycontributor

Lucas is a well-versed equity investor and educator. He currently is co-founder of research and analytics firm, MAPsignals.com, which focuses on finding outlier stocks by following the Big Money.

Advertisement