Xencor, Inc. logo

Xencor, Inc.

XNCR

NASDAQHealthcareBiotechnology

Previous close

$27.80

+$0.80 · +2.96%

Aug 21, 4:00 PM ET

XNCR company overview

Regular session · ET · Market data may be delayed.

GoAI snapshot

AI-powered factor overview

Jul 10, 2026

GoAI score

Sell

Trim exposure — unfavorable risk-reward

Valuation

14

Overpriced

Momentum

61

Gaining

Sentiment

47

Mixed

Risk resilience

55

Elevated Risk

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Company profile

Company website

Xencor Inc., a biopharmaceutical firm headquartered in Monrovia, California, and established in 1997, operates as a clinical-stage entity. Its central mission involves the discovery and sophisticated engineering of monoclonal antibody and cytokine therapeutics, primarily aimed at treating patients afflicted with cancer and autoimmune disorders. The company is associated with several notable therapies currently in use, such as Sotrovimab, which targets the SARS-CoV-2 virus; Ultomiris, prescribed for paroxysmal nocturnal hemoglobinuria and atypical hemolytic uremic syndrome; and Monjuvi, indicated for individuals with relapsed or refractory diffuse large B-cell lymphoma. Xencor maintains a robust and diverse pipeline of drug candidates advancing through various clinical trial stages. In oncology, this includes Plamotamab, a tumor-targeted antibody, currently undergoing Phase I trials for non-Hodgkin lymphoma; Vudalimab, a bispecific antibody in Phase II for metastatic castration-resistant prostate cancer and other solid tumor types; and Tidutamab, also in Phase II for neuroendocrine tumors. Further cancer-focused programs comprise XmAb306, XmAb104, and XmAb841, all in Phase I for selected solid tumors; AMG 509, in Phase I for prostate cancer; XmAb819, being developed for renal cell carcinoma; and a program involving Novartis XmAb. In the infectious disease arena, Xencor is progressing VIR-3434 through Phase II for hepatitis B virus infection; VIR-2482 in Phase 1/2 for influenza A; VIR-7832 in a Phase 1b/2a trial for mild-to-moderate COVID-19; and is involved in the Phase 2/3 NIH ACTIV-2 trial for COVID-19 with BMS-986414 + BMS-986413. Beyond these, the company is developing XmAb564, a Phase I candidate for autoimmune diseases; Obexelimab, also for autoimmune conditions; AIMab7195, designed to reduce IgE levels for allergic responses; and Xpro1595, an experimental treatment for Alzheimer's disease, mild cognitive impairment, and depression. Xencor also holds a licensing agreement with Caris Life Sciences.

Industry
Biotechnology
Sector
Healthcare
Headquarters
US
CEO
Bassil I. Dahiyat
Listed since
Dec 3, 2013
Employees
260

Market position

Day range

Current $27.80

52-week range

Current $27.80

Open
$27.3753
Previous close
$27.00
Volume
753.11K
0.8× average
Average volume
942.07K
Average daily volume
Market cap
2.06B USD
Beta
0.84
Market reference 1
50-day average
$18.1553
+53.12% above average
200-day average
$14.4739
+92.07% above average

Financials

Financial snapshot

Latest / TTM

Valuation & yield

Enterprise value
1.27B USD
P/E (TTM)
-12.81×
P/B (TTM)
4.19×
P/S (TTM)
19.63×
EV / EBITDA
-27.04×
Earnings yield
-8.09%
Free cash flow yield
-12.16%
Dividend yield
0.00%

Profitability & efficiency

Gross margin
43.31%
Operating margin
-205.84%
Net margin
-155.59%
Return on equity
-14.46%
Return on assets
-10.50%
Return on invested capital
-21.49%

Financial health

Debt / equity
0.13×
Current ratio
6.25×

Financial statements

Margin trends

Profitability as a percentage of reported revenue.

Gross marginOperating marginNet margin
Gross, operating, and net margin trends131%7%-117%-242%Gross margin, FY2021: 30.03%Gross margin, FY2022: -21.26%Gross margin, FY2023: 100.00%Gross margin, FY2024: -106.06%Gross margin, FY2025: 91.63%Operating margin, FY2021: 15.91%Operating margin, FY2022: -50.11%Operating margin, FY2023: -75.80%Operating margin, FY2024: -161.47%Operating margin, FY2025: -141.35%Net margin, FY2021: 30.04%Net margin, FY2022: -33.53%Net margin, FY2023: -76.24%Net margin, FY2024: -210.53%Net margin, FY2025: -73.20%FY2021FY2022FY2023FY2024FY2025
Gross margin FY2021 30.03%. Gross margin FY2022 -21.26%. Gross margin FY2023 100.00%. Gross margin FY2024 -106.06%. Gross margin FY2025 91.63%. Operating margin FY2021 15.91%. Operating margin FY2022 -50.11%. Operating margin FY2023 -75.80%. Operating margin FY2024 -161.47%. Operating margin FY2025 -141.35%. Net margin FY2021 30.04%. Net margin FY2022 -33.53%. Net margin FY2023 -76.24%. Net margin FY2024 -210.53%. Net margin FY2025 -73.20%.

Income trends

Revenue

125.58M USD+13.65%

Operating income

−177.5M USD+0.51%

Net income

−91.92M USD+60.48%
Income trends across reported periods325.88M USD122.79M USD−80.3M USD−283.39M USDRevenue, FY2021: 275.11M USDRevenue, FY2022: 164.58M USDRevenue, FY2023: 174.62M USDRevenue, FY2024: 110.49M USDRevenue, FY2025: 125.58M USDOperating income, FY2021: 43.77M USDOperating income, FY2022: −82.47M USDOperating income, FY2023: −132.36M USDOperating income, FY2024: −178.41M USDOperating income, FY2025: −177.5M USDNet income, FY2021: 82.63M USDNet income, FY2022: −55.18M USDNet income, FY2023: −133.13M USDNet income, FY2024: −232.62M USDNet income, FY2025: −91.92M USDFY2021FY2022FY2023FY2024FY2025
Revenue FY2021 275.11M USD. Revenue FY2022 164.58M USD. Revenue FY2023 174.62M USD. Revenue FY2024 110.49M USD. Revenue FY2025 125.58M USD. Operating income FY2021 43.77M USD. Operating income FY2022 −82.47M USD. Operating income FY2023 −132.36M USD. Operating income FY2024 −178.41M USD. Operating income FY2025 −177.5M USD. Net income FY2021 82.63M USD. Net income FY2022 −55.18M USD. Net income FY2023 −133.13M USD. Net income FY2024 −232.62M USD. Net income FY2025 −91.92M USD.
Metric (USD)FY2025FY2024FY2023FY2022FY2021
Revenue125.58M USD110.49M USD174.62M USD164.58M USD275.11M USD
Cost of goods sold10.51M USD227.69M USD199.56M USD192.51M USD
Gross profit115.06M USD−117.19M USD174.62M USD−34.98M USD82.6M USD
Research and development239.43M USD227.69M USD253.6M USD199.56M USD192.51M USD
Selling, general, and administrative63.64M USD58.89M USD53.38M USD47.49M USD38.84M USD
Operating expenses292.57M USD61.22M USD306.98M USD47.49M USD38.84M USD
Interest income27.52M USD31.93M USD18.63M USD4.82M USD862K USD
Interest expense31.93M USD36.64M USD13K USD
Depreciation and amortization10.51M USD12.11M USD11.5M USD8.8M USD7.49M USD
Operating income−177.5M USD−178.41M USD−132.36M USD−82.47M USD43.77M USD
Net income−91.92M USD−232.62M USD−133.13M USD−55.18M USD82.63M USD

Company facts updated Aug 24, 2026.

Analyst ratings

Third-party consensus; not a GoAI recommendation.

Analyst price target

Average target

$30.33

9.10% upside
Past 12 months12-month forecastHigh $44.00Average $30.33Low $20.00

Rating distribution

28 ratings
Strong buy14%
Buy2486%
Hold27%
Sell14%
Strong sell00%

XNCR peers

ETFs holding XNCR

Funds reporting this stock among their holdings, ordered by reported position size.

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