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Xencor, Inc. (XNCR)

Healthcare | Biotechnology | Pasadena, United States | NasdaqGM
14.96 USD -0.89 (-5.615%) ⇩ (July 13, 2026, 4 p.m. EDT)
After hours: 14.96

Short-term:★★☆☆☆Long-term:★☆☆☆☆Dividends:☆☆☆☆☆
Hot Take | July 11, 2026, 6:05 a.m. EDT

The investment case for Xencor is currently broken by a catastrophic failure in its multi-year price trajectory. The stock has suffered a 54% drop in the trailing twelve months and sits in the middle of four consecutive years of negative annual returns, a pattern that defines a structural decline rather than a temporary setback. While the balance sheet appears robust with a current ratio of 6.57 and manageable debt relative to cash, the market has priced out the business entirely, evidenced by the negative forward P/E and massive short interest. The disconnect between the 'strong buy' analyst consensus and the reality of the stock's performance is stark; analysts are likely looking at pipeline potential that the market has already deemed insufficient to overcome the execution risks highlighted in recent downgrades. Options flow confirms this pessimism, with traders aggressively buying insurance at deep out-of-the-money strikes while offering almost no leverage for upside. Until there is concrete evidence of revenue recovery or a definitive clinical milestone that shifts the narrative, the risk-reward profile remains skewed heavily against the buyer.

Model Selection — Backtest MAE (log-scale, lower is better)
ModelMAE
AutoARIMA ✓0.106832
AutoETS0.107408
AutoTheta0.108868
MSTL0.110439

Forecast horizon: 45 days | Selected: AutoARIMA

Forecast Reliability
Score 37%
H-stat 2.66
Ljung-Box p 0.000
Jarque-Bera p 0.110
Excess Kurtosis -0.96
Attribute Value
Sector Healthcare
Debt to Equity Ratio 33.971
Revenue per Share 1.304
Market Cap 1,109,158,400
Forward P/E -4.22
Beta 0.86
Profit Margins -177.10%
Website https://www.xencor.com

As of July 11, 2026, 6:05 a.m. EDT: Speculators are positioned defensively with heavy put volume and open interest at strikes significantly below the current price (e.g., $10 and $12.50 expiring in November), while call activity remains sparse and concentrated near-the-money. Implied volatility is elevated on downside protection, suggesting a market expectation of further weakness rather than a rally.


Info Dump

Attribute Value
52 Week Change 0.79096043
Address1 465 North Halstead Street
Address2 Suite 200
All Time High 58.345
All Time Low 5.75
Ask 18.84
Ask Size 2
Audit Risk 10
Average Analyst Rating 1.5 - Strong Buy
Average Daily Volume10 Day 1,058,170
Average Daily Volume3 Month 831,631
Average Volume 831,631
Average Volume10Days 1,058,170
Beta 0.863
Bid 10.99
Bid Size 2
Board Risk 6
Book Value 6.962
City Pasadena
Compensation As Of Epoch Date 1,767,139,200
Compensation Risk 7
Country United States
Crypto Tradeable 0
Currency USD
Current Price 14.96
Current Ratio 6.573
Custom Price Alert Confidence HIGH
Date Short Interest 1,782,777,600
Day High 15.53
Day Low 14.67
Debt To Equity 33.971
Display Name Xencor
Earnings Timestamp 1,778,097,600
Earnings Timestamp End 1,785,960,000
Earnings Timestamp Start 1,785,960,000
Ebitda -201,795,008
Ebitda Margins -2.07267
Enterprise To Ebitda -4.16
Enterprise To Revenue 8.621
Enterprise Value 839,372,288
Eps Current Year -4.02601
Eps Forward -3.54774
Eps Trailing Twelve Months -2.29
Esg Populated 0
Exchange NGM
Exchange Data Delayed By 0
Exchange Timezone Name America/New_York
Exchange Timezone Short Name EDT
Fifty Day Average 12.8979
Fifty Day Average Change 2.0621004
Fifty Day Average Change Percent 0.15987878
Fifty Two Week Change Percent 79.09605
Fifty Two Week High 18.69
Fifty Two Week High Change -3.7300005
Fifty Two Week High Change Percent -0.19957198
Fifty Two Week Low 6.92
Fifty Two Week Low Change 8.04
Fifty Two Week Low Change Percent 1.1618497
Fifty Two Week Range 6.92 - 18.69
Financial Currency USD
First Trade Date Milliseconds 1,386,081,000,000
Float Shares 54,417,707
Forward Eps -3.54774
Forward P E -4.216769
Free Cashflow -76,885,376
Full Exchange Name NasdaqGM
Full Time Employees 260
Gmt Off Set Milliseconds -14,400,000
Governance Epoch Date 1,782,864,000
Gross Margins -1.52183
Gross Profits -148,164,992
Has Pre Post Market Data 1
Held Percent Insiders 0.01223
Held Percent Institutions 1.1539
Implied Shares Outstanding 74,141,596
Industry Biotechnology
Industry Disp Biotechnology
Industry Key biotechnology
Is Earnings Date Estimate 1
Language en-US
Last Fiscal Year End 1,767,139,200
Long Business Summary Xencor, Inc., a clinical-stage biopharmaceutical company, focuses on the discovery and development of engineered antibodies for the treatment of cancer and autoimmune diseases. The company provides Ultomiris to treat patients with atypical hemolytic uremic syndrome, generalized myasthenia gravis, and neuromyelitis optica spectrum disororder; and Monjuvi for the treatment of patients with relapsed or refractory diffuse large B-cell lymphoma. It also develops XmAb819, a bispecific antibody to treat renal cell carcinoma; XmAb541, which is in Phase I for the treatment of ovarian cancer; XmAb808, a bispecific antibody that binds to the broadly expressed tumor antigen; XmAb942, which is in clinical development for patients with Crohn's disease and ulcerative colitis; Plamotamab, a bispecific T-cell, which is in Phase Ib study to treat rheumatoid arthritis; and XmAb657 for patients with idiopathic inflammatory myopathies. Further, the company develops Xaluritamig, a bispecific T-cell engager that treats prostate cancer; ASP2138 to treat gastric, gastroesophageal junction, and pancreatic cancers; JNJ-9401 to treat metastatic castration-resistant prostate cancer; Obexelimab, an antibody to treat patients with autoimmune diseases; Tobevibart, a treatment for chronic hepatitis Delta; Zaltenibart to treat paroxysmal nocturnal hemoglobinuria and other alternative pathway disorders; Teropavimab and zinlirvimab to treat human immunodeficiency virus; Novartis, an antibody drug candidate that uses XmAb Fc technologies; and JNJ-1493 to treat B-cell malignancies. The company was incorporated in 1997 and is headquartered in Pasadena, California.
Long Name Xencor, Inc.
Market us_market
Market Cap 1,109,158,400
Market State PREPRE
Max Age 86,400
Message Board Id finmb_744102
Most Recent Quarter 1,774,915,200
Net Income To Common -172,420,992
Next Fiscal Year End 1,798,675,200
Non Diluted Market Cap 1,175,885,712
Number Of Analyst Opinions 12
Open 15.53
Operating Cashflow -186,524,992
Operating Margins -17.24136
Overall Risk 7
Payout Ratio 0.0
Phone 626 305 5900
Post Market Change 0.0
Post Market Change Percent 0.0
Post Market Price 14.96
Post Market Time 1,783,981,120
Previous Close 15.85
Price Eps Current Year -3.7158377
Price Hint 2
Price To Book 2.1488078
Price To Sales Trailing12 Months 11.392342
Profit Margins -1.77096
Quick Ratio 6.221
Quote Source Name Nasdaq Real Time Price
Quote Type EQUITY
Recommendation Key strong_buy
Recommendation Mean 1.5
Region US
Regular Market Change -0.89
Regular Market Change Percent -5.61514
Regular Market Day High 15.53
Regular Market Day Low 14.67
Regular Market Day Range 14.67 - 15.53
Regular Market Open 15.53
Regular Market Previous Close 15.85
Regular Market Price 14.96
Regular Market Time 1,783,972,800
Regular Market Volume 649,781
Return On Assets -0.16157
Return On Equity -0.29843
Revenue Growth -0.862
Revenue Per Share 1.304
Sand P52 Week Change 0.20847368
Sector Healthcare
Sector Disp Healthcare
Sector Key healthcare
Share Holder Rights Risk 4
Shares Outstanding 74,141,596
Shares Percent Shares Out 0.1552
Shares Short 11,506,336
Shares Short Previous Month Date 1,780,012,800
Shares Short Prior Month 10,900,110
Short Name Xencor, Inc.
Short Percent Of Float 0.2204
Short Ratio 12.14
Source Interval 15
State CA
Symbol XNCR
Target High Price 43.0
Target Low Price 14.0
Target Mean Price 28.33333
Target Median Price 27.0
Total Cash 444,950,016
Total Cash Per Share 6.001
Total Debt 175,164,000
Total Revenue 97,360,000
Tradeable 0
Trailing Annual Dividend Rate 0.0
Trailing Annual Dividend Yield 0.0
Trailing Eps -2.29
Trailing Peg Ratio None
Triggerable 1
Two Hundred Day Average 13.3148
Two Hundred Day Average Change 1.6451998
Two Hundred Day Average Change Percent 0.12356173
Type Disp Equity
Volume 649,781
Website https://www.xencor.com
Zip 91,107