Wall Street Analysts Predict a 67.2% Upside in Xencor (XNCR): Here's What You Should Know

Core Viewpoint - Xencor (XNCR) shares have shown a modest gain of 0.4% over the past month, closing at $21.13, with analysts suggesting a potential upside of 67.2% based on a mean price target of $35.33 [1] Price Targets and Analyst Consensus - The average price target for XNCR is derived from 12 short-term estimates, ranging from a low of $20 to a high of $60, with a standard deviation of $11.22, indicating variability in analyst predictions [2] - The lowest estimate suggests a decline of 5.4%, while the highest indicates an upside of 184%, highlighting the range of opinions among analysts [2] - A low standard deviation signifies strong agreement among analysts regarding the stock's price movement, which can serve as a starting point for further research [7] Earnings Estimates and Potential Upside - Analysts have shown increasing optimism about XNCR's earnings prospects, as evidenced by a trend of higher EPS estimates, which correlates with potential stock price increases [9] - Over the past 30 days, three earnings estimates have been revised upward, leading to a 1.4% increase in the Zacks Consensus Estimate for the current year [10] - XNCR holds a Zacks Rank 2 (Buy), placing it in the top 20% of over 4,000 ranked stocks based on earnings estimate factors, suggesting a strong potential for upside [11]