tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Exelixis Announces New Executive VP for R&D

Story Highlights
  • Exelixis appointed Dana T. Aftab as Executive Vice President, Research and Development.
  • The leadership change may affect Exelixis’s strategic direction and market positioning.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Exelixis Announces New Executive VP for R&D

Elevate Your Investing Strategy:

  • Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.

Exelixis ( (EXEL) ) has issued an announcement.

On August 29, 2025, Exelixis, Inc. announced a significant leadership change as Dana T. Aftab, Ph.D., was appointed as Executive Vice President, Research and Development, succeeding Amy C. Peterson, M.D., who concluded her service as Executive Vice President, Product Development and Medical Affairs and Chief Medical Officer. This transition may impact the company’s strategic direction in research and development, potentially influencing its market positioning and stakeholder interests.

The most recent analyst rating on (EXEL) stock is a Buy with a $43.00 price target. To see the full list of analyst forecasts on Exelixis stock, see the EXEL Stock Forecast page.

Spark’s Take on EXEL Stock

According to Spark, TipRanks’ AI Analyst, EXEL is a Outperform.

Exelixis’s strong financial performance and positive earnings call sentiment are the most significant factors driving its stock score. Technical analysis presents mixed signals, and valuation is moderate. The absence of a dividend yield and potential liquidity risks slightly temper the overall positive outlook.

To see Spark’s full report on EXEL stock, click here.

More about Exelixis

Exelixis, Inc. operates in the biotechnology industry, focusing on the discovery, development, and commercialization of new medicines to treat cancer. The company is known for its innovative approach in oncology, aiming to improve patient outcomes through targeted therapies.

Average Trading Volume: 3,274,728

Technical Sentiment Signal: Buy

Current Market Cap: $10.2B

Find detailed analytics on EXEL stock on TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1