Exact Sciences Corp. (EXAS) Stock Forecast & Predictions

Exact Sciences Corp. EXAS: $127.14

5505 Endeavor Lane, Madison, Wisconsin, US. | Sector: Professional, Scientific, and Technical Services | Exchange: NASDAQ CAPITAL MARKET | Web: https://www.exactsciences.com/

  • Market Cap$21.50B
  • Change (52 Weeks)90.27%
  • Low (52 Weeks)$67.31
  • Exact Sciences Corp. (EXAS) Forecast Based on Technical Analysis


    Neutral
    Based on 16 Technical Indicators where 18.75% are on Buy, 31.25% on Sell, and 50.00% Neutral.

    According to the market data, Exact Sciences Corp. (EXAS) stock price is $127.14 and the 52 weeks low is $67.31, which means the Exact Sciences Corp. stock price is up 90.27% in the last 12 months.

    Exact Sciences Corp. (EXAS) Stock Price has been Trending Strongly with an ADX reading of 28.28 as per the Weekly Chart.

    A Upward trend indicates that Exact Sciences Corp. (EXAS) Stock Price may keep going up, with temporary Retracement (the process of stock price bouncing because of short term profit taking by the traders and investors).

    Technical Indicators are algorithms that are used mostly by Technical traders to predict the price action of a stock.

    Based on our analysis of 16 technical indicators, 18.75% are indicating that EXAS Stock price might rise further, 31.25% indicating that EXAS Stock price might fall, and 50.00% are in a neutral position.

    Based on these technical algorithms, overall EXAS stock price has a Neutral Signal, which means the stock price has the potential to move either up or down, depending on the nature of consolidating market phase, since majority of indicators are providing a neutral signal.

    Exact Sciences Corp. (EXAS) Stock Forecast By Analysts


    Moderate Buy
    Analysts Recommendations for Exact Sciences Corp. (EXAS) is based on 23 Institutional Analyst Ratings where 39.13% are on Strong Buy, 47.83% on Moderate Buy, 13.04% remains on Hold, 0.00% are on Moderate Sell and 0.00% are on Strong Sell.

    Out of 23 Institutional Analysts, majority recommended EXAS stock as Moderate Buy. Since most investors and traders follow analyst ratings closely, this can be a potentially driving factor for the future stock price of Exact Sciences Corp..

    Exact Sciences Corp. (EXAS) Stock Price Prediction By Analysts


    HighLowAverage
    $237.30$155.54$174.04
    $174.0436.89% Upside
    Updated: 2021-04-12 00:00:00

    The Average Price target for EXAS set by the institutional analysts is $174.04 where High Estimate is $237.30, Median $168.3 and Low $155.54.

    The average price target for EXAS by Institutional Analysts is $174.04, which is 36.89% Upside from the current price. So according to the Institutional Analysts, EXAS Stock might be a bit undervalued at this stage and there’s potential for upside.

    However, although Institutional Analysts set their price targets after extensive research, they’re not always correct. After all, the market is mostly driven by investors speculation and emotion than just concrete numbers.

    Exact Sciences Corp. (EXAS) Stock Forecast Based on News Sentiment


    Neutral
    Based on 5 articles published Last Week, where 50.00% are Bullish and 50.00% are Bearish.

    According to the news articles published last week, journalists and bloggers had a mixed sentiment of EXAS consisting of positive and negative, it shows that Exact Sciences Corp. had a neutral news coverage.

    Neutral news coverage usually doesn't affect short-term price of a stock, so EXAS stock price most likey won't have any reaction to last weeks news coverage.

    Exact Sciences Corp. (EXAS) Stock Forecasts By Institutional Analysts


    Analyst
    Recommendation
    Action
    SVB LeerinkOutperformMaintained
    StifelBuyMaintained
    Cowen & Co.OutperformMaintained
    Truist SecuritiesBuyInitiated
    SVB LeerinkOutperformMaintained
    UBSNeutralDowngraded
    SVB LeerinkOutperformMaintained
    CitigroupNeutralDowngraded
    Canaccord GenuityBuyMaintained
    BenchmarkBuyMaintained
    Canaccord GenuityBuyMaintained
    SVB LeerinkOutperformMaintained
    CitigroupBuyMaintained
    SVB LeerinkOutperformMaintained
    BairdOutperformMaintained
    B of A SecuritiesBuyReiterated
    UBSBuyMaintained
    CitigroupBuyMaintained
    StifelBuyMaintained
    Evercore ISI GroupOutperformInitiated
    CitigroupBuyInitiated
    Stifel NicolausBuyInitiated
    UBSBuyMaintained
    Canaccord GenuityBuyMaintained
    BairdOutperformMaintained
    Bank of AmericaBuyMaintained
    OppenheimerOutperformInitiated
    BenchmarkBuyUpgraded
    UBSBuyMaintained
    UBSBuyMaintained
    Canaccord GenuityBuyMaintained
    UBSBuyMaintained
    Goldman SachsBuyReiterated
    Goldman SachsBuyUpgraded
    JefferiesBuyMaintained
    Canaccord GenuityBuyMaintained
    BairdOutperformMaintained
    Bank of AmericaBuyMaintained
    BairdOutperformMaintained
    JefferiesBuyMaintained
    Bank of AmericaBuyMaintained
    Bank of AmericaBuyMaintained
    Leerink SwannOutperformMaintained
    BairdOutperformMaintained
    Canaccord GenuityBuyMaintained
    BairdOutperformMaintained
    Canaccord GenuityBuyMaintained
    Canaccord GenuityBuyMaintained
    BTIG ResearchBuyUpgraded
    BairdOutperformUpgraded
    BenchmarkHoldDowngraded
    Goldman SachsNeutralInitiated
    Leerink SwannOutperformMaintained
    BairdNeutralDowngraded
    BTIG ResearchNeutralDowngraded
    Leerink SwannOutperformMaintained
    Bank of AmericaBuyMaintained
    BairdOutperformMaintained
    Bank of AmericaBuyMaintained
    Canaccord GenuityBuyMaintained
    Leerink SwannOutperformMaintained
    Canaccord GenuityBuyMaintained
    Cowen & Co.OutperformMaintained
    Cowen & Co.OutperformInitiated
    Roth CapitalBuyUpgraded
    JefferiesBuyMaintained
    Goldman SachsNeutralMaintained
    JefferiesBuyMaintained
    Craig-HallumBuyUpgraded
    MizuhoNeutralDowngraded
    Empire Asset ManagementSellMaintained
    Stephens & Co.Equal-WeightDowngraded
    Roth CapitalNeutralDowngraded
    JefferiesBuyMaintained
    Craig-HallumHoldDowngraded
    BenchmarkHoldMaintained
    BTIG ResearchBuyInitiated
    BenchmarkHoldDowngraded
    Craig-HallumBuyInitiated
    Canaccord GenuityBuyMaintained
    Lake StreetBuyUpgraded
    Canaccord GenuityBuyMaintained
    JMP SecuritiesMarket OutperformMaintained
    Goldman SachsNeutralDowngraded
    JMP SecuritiesMarket OutperformMaintained
    Lake StreetBuyInitiated
    Canaccord GenuityBuyMaintained
    Stephens & Co.Equal-WeightDowngraded
    WedbushNeutralMaintained
    JMP SecuritiesMarket OutperformMaintained
    Canaccord GenuityBuyMaintained
    JMP SecuritiesMarket OutperformMaintained
    Canaccord GenuityBuyMaintained
    Goldman SachsBuyInitiated
    WedbushNeutralDowngraded
    JMP SecuritiesMarket OutperformMaintained
    WedbushOutperformUpgraded
    Alere FinancialBuyInitiated
    JefferiesBuyMaintained
    JefferiesBuyMaintained
    Canaccord GenuityBuyMaintained
    BenchmarkSpeculative BuyMaintained
    Roth CapitalBuyInitiated
    JefferiesBuyMaintained
    WedbushNeutralDowngraded
    Maxim GroupSellInitiated
    BenchmarkSpeculative BuyMaintained
    AurigaBuyMaintained

    Exact Sciences Corp. (EXAS) Stock Earning Per Share (EPS) Forecast / Estimate


    $-0.845
    The average consensus EPS for EXAS is $-0.845 with a high estimate of $-0.683 and Low of $-0.960 for the period 2021-06-30 and based on 18 Institutional Analysts.

    Last Quarter


    Actual
    Estimate
    Date
    $-0.07$-0.52946162020-09-30


    The latest average Earning Per Share Estimate for Exact Sciences Corp. is $-0.85, which is lower than EXAS's last EPS, $-0.07. This means that Analysts are expecting Exact Sciences Corp. to report lower earnings. This can drive share prices lower since the investors have negative sentiment about market performance of Exact Sciences Corp..

    Earning Per Share (EPS) History


    Actual
    Estimate
    Date
    $-0.07$-0.52946162020-09-30
    $-0.73$-0.6423452020-06-30
    $-0.71$-0.60156542020-03-31
    $0.54$-0.361082019-12-31
    $-0.31$-0.41480342019-09-30
    $-0.3$-0.56949662019-06-30
    $-0.58$-0.6632019-03-31
    $-0.44$-0.498229200000000042018-12-31
    $-0.37$-0.43389782018-09-30
    $-0.3$-0.32954162018-06-30
    $-0.33$-0.375043800000000042018-03-31
    $-0.18$-0.241882799999999982017-12-31
    $-0.23$-0.30364382017-09-30
    $-0.27$-0.359723399999999972017-06-30
    $-0.32$-0.416162017-03-31
    $-0.34$-0.40151282016-12-31
    $-0.36$-0.43265342016-09-30
    $-0.46$-0.5570732016-06-30
    $-0.49$-0.5343272016-03-31
    $-0.41$-0.47861462015-12-31
    $-0.45$-0.44958542015-09-30
    $-0.44$-0.45392015-06-30
    $-0.4$-0.41751662015-03-31
    $-0.38$-0.397800000000000042014-12-31
    $-0.39$-0.321300000000000032014-09-30
    $-0.24$-0.25135862014-06-30
    $-0.23$-0.195503400000000022014-03-31
    $-0.17$-0.19301462013-12-31
    $-0.16$-0.18444662013-09-30
    $-0.19$-0.18267182013-06-30
    $-0.17$-0.202296600000000022013-03-31
    $-0.22$-0.186662012-12-31
    $-0.21$-0.21759662012-09-30
    $-0.26$-0.19598282012-06-30
    $-0.19$-0.18428342012-03-31
    $-0.18$-0.170003400000000032011-12-31
    $-0.15$-0.1490732011-09-30
    $-0.13$-0.10478462011-06-30
    $-0.08$-0.093842011-03-31
    $-0.08$-0.08451722010-12-31

    What is Analyst Ratings & Price Targets?

    The analysts provide Buy, Sell or Hold ratings after extensive research of a companies financial reports, listening to conference calls and some of them even get in contact with upper management of the company to get an overall picture of operation.

    Although institutional Analyst’s are not always correct, their ratings are followed by millions of traders around the world and they can heavily influence trading activities for a company.

    As a retail investor, going through analyst ratings will instantly provide you an idea if the stock is worth buying. Top Analysts also provide their price targets. It’s a prediction of where the stock price might go based on their analysis.

    The best way to analyze price targets is to combined average price targets of major analysts. If the average price target is much higher than the current price of the stock, then the probability of a stock going up is also high.

    What is Technical Analysis?

    Technical Analysis refers to analyzing a stock's price over a period of time. In the financial market, past price patterns are one of the strongest indicators of an asset's future performance.

    In easier terms, millions of traders use Live Charts to watch the stock prices, it is actually a single source of truth for most traders. When a stock's price reaches a significant price level/pattern in the chart, millions of traders take buy/sell positions from those levels.

    As a regular investor, one of the easiest ways to check technical analysis of a stock is through Technical Indicators. Technical Indicators are programmed algorithms that monitor price changes in the Charts and indicate Buy/Sell based on market conditions.

    Some Technical Indicators can be very powerful (e.g SMA) and some can be pretty useless. Stock research tools like iTradely heavily simplify the technical analysis process for the investors by showing Buy/Sell/Neutral ratings combined from 17 powerful technical indicators, all in one page.

    What is Earnings Per Share (EPS) and Why is it Important?

    EPS, or Earning Per Share, can tell a lot about a stock’s performance. It’s calculated by dividing a company’s profit by the number of outstanding shares of its common stocks.

    In layman’s term, earnings is an indicator of a company’s profitability. Higher the earnings, the more profitable a company is.
    Some traders pick stocks solely based on EPS or earnings Analysis, it is a very powerful indicator of a stock’s price.

    Before you buy a stock, check the company’s earnings History and Surprises. A Surprise happens when a company reports a much higher or lower actual earnings/EPS than the forecasted earnings/EPS.

    If a company reports higher EPS surprises consistently, analysts keep raising their estimates, traders become more confident in the company, driving the share price higher.

    What is Stock Sentiment?

    Stock Sentiment refers to how people speculating about the stock or what kind of trading position investors are often taking.

    There are different kinds of sentiments you can find online for a company, this includes Investor Sentiment (Percentage of investors buying or selling), News Sentiment (Is the company getting positive or negative impressions from the Press?), Social Sentiment (The overall trends about the company in social media, is it negative or positive?).