XNCR

Xencor Inc Health Care Pharmaceutical Preparations Russell 3000
$29.82Close $2.1BMarket cap $10.41 – $29.9952-week range Nov 4, 2026Next report

Highlights

Strengths

  • In a stage-2 uptrend all 8 trend conditions pass
  • Leading the market RS 98 · stronger than 98% of stocks over 12 months
  • RS line at a 1-year high outperforming the S&P 500 more than at any point this year
  • Near its high 1% below its 52-week high

Cautions

  • Past its pivot 13.2% above its $26.35 pivot
  • Results soon Nov 4, 2026, in 3 days

Price

Filing Results Screen pick 52-week high and low Adjusted prices

Key figures

FY to Dec 31, 2025 · filed Aug 5, 2026
Off 12-month high 1%
1wk up 18.4% price change
1mo up 19.5% price change
12-month return up 111% market up 11% · its own up 92%
F-score — — Not assessed
Altman Z 4.25 Low risk
P/E — price / earnings
PEG — P/E / EPS growth
P/B 3.4× price / book
Earnings yield down 8.2% EBIT / enterprise value
Cheaper than 23% of the market · expensive
Revenue growth up 14% year on year
EPS growth — latest quarter
Sales growth up 17% latest quarter · +104 pts
ROE down 14% return on equity
Free cash margin down 110% -$138.3M FCF
D/E 0.12 long-term debt / equity
Net debt / EBITDA —
Interest cover —EBIT / interest
Piotroski tests

Repair signals

  • Long-term debt down 34% ($0.1B → $0.1B)
  • Revenue reaccelerating (-37% then +14%)

Trade setup

ATR% 6.1% $1.82 a day · 2×ATR $26.17
RS 98 / 99 vs the universe
Trend 8 / 8 trend template
Relative volume 0.8× vs 50-day average
Up/down volume 1.41 50 sessions
Implied move — no option chain · report Nov 4, 2026
Contractions 2 24% → 17%
Pivot $26.35 13.2% above
Volume dry-up 1.4× 10 vs 50 sessions
Trend template · 8 of 8

Screen verdict

Did not qualify for any screen.

Warning signs

1 flagged
  • Shareholders diluted The share count rose 2.3% over the year, from 70m to 72m shares. Each existing share owns a smaller fraction of the company than it did a year ago.
Last reported Oct 26, 2026
Results reaction Oct 26, 2026+18% vs market2 sessions after results

Financials

6 fiscal years · from filings
Revenue What customers paid the company over its fiscal year, before any cost, as filed in its annual report. The change is against the year before. Methodology $125.6M +14% on FY2024
$0 $500M FY20 FY21 FY22 FY23 FY24 FY25 FY2020 · $122.7M FY2021 · $275.1M FY2022 · $164.6M FY2023 · $174.6M FY2024 · $110.5M FY2025 · $125.6M
Net income Profit left after every cost, interest and tax for the year. A column below the line is a loss. Methodology -$91.9M
-$250M $0 $100M FY20 FY21 FY22 FY23 FY24 FY25 FY2020 · -$69.3M FY2021 · $82.6M FY2022 · -$55.2M FY2023 · -$133.1M FY2024 · -$232.6M FY2025 · -$91.9M
Free cash flow Cash from running the business less what it spent on equipment and buildings: the cash a year actually left behind, which profit alone does not show. Not shown for banks and insurers, whose cash moves with their loans. Methodology -$138.3M
-$250M $0 FY20 FY21 FY22 FY23 FY24 FY25 FY2020 · -$15.5M FY2021 · -$30.2M FY2022 · -$14.0M FY2023 · -$96.4M FY2024 · -$208.3M FY2025 · -$138.3M
Margins Each as a share of revenue. Gross: left after the direct cost of what was sold. Net: left after every cost. Free cash: free cash flow over revenue. A margin rising over years means the business keeps more of each dollar it sells. Methodology
  • Net -73%
  • Free cash -110%
-250% 0% 50% FY20 FY21 FY22 FY23 FY24 FY25 FY2020 · Net -57% · Free cash -13% FY2021 · Net 30% · Free cash -11% FY2022 · Net -34% · Free cash -9% FY2023 · Net -76% · Free cash -55% FY2024 · Net -211% · Free cash -189% FY2025 · Net -73% · Free cash -110%
Cash and long-term debt Cash on the balance sheet at the year's end beside debt due after a year. Net cash is cash less that debt; net debt is the shortfall. Debt some filers do not tag shows as a gap, not as zero. Methodology $22.4M net debt
  • Cash
  • Long-term debt
$0 $200M FY20 FY21 FY22 FY23 FY24 FY25 FY2020 · Cash $163.5M FY2021 · Cash $143.5M FY2022 · Cash $53.9M · Long-term debt $0 FY2023 · Cash $53.8M · Long-term debt $161.8M FY2024 · Cash $40.9M · Long-term debt $115.2M FY2025 · Cash $54.1M · Long-term debt $76.5M
Shares outstanding Shares in issue at the year's end. A rising count means each share owns a smaller slice of the company (stock pay, share sales); a falling one, buybacks. The chart's scale is fitted to the count, so a small change looks large: read the percentage. Methodology 71.87m +24.2% since FY2020
71.87m 57.87m FY20 FY21 FY22 FY23 FY24 FY25 FY2020 · 57.87m FY2021 · 59.36m FY2022 · 60m FY2023 · 61m FY2024 · 70.26m FY2025 · 71.87m
  FY2020Dec 31, 2020 FY2021Dec 31, 2021 FY2022Dec 31, 2022 FY2023Dec 31, 2023 FY2024Dec 31, 2024 FY2025Dec 31, 2025
Revenue $122.7M $275.1M $164.6M $174.6M $110.5M $125.6M
Operating income -$76.8M $43.8M -$82.5M -$132.4M -$178.4M -$177.5M
Net income -$69.3M $82.6M -$55.2M -$133.1M -$232.6M -$91.9M
Net margin -57% 30% -34% -76% -211% -73%
Earnings per share -$1.21 $1.37 -$0.93 -$2.20 -$3.58 -$1.24
Free cash flow -$15.5M -$30.2M -$14.0M -$96.4M -$208.3M -$138.3M
Free cash margin -13% -11% -9% -55% -189% -110%
Cash $163.5M $143.5M $53.9M $53.8M $40.9M $54.1M
Long-term debt — — $0 $161.8M $115.2M $76.5M
Shareholders' equity $572.4M $733.5M $727.5M $661.8M $677.6M $635.6M
Shares outstanding 57.87m 59.36m 60m 61m 70.26m 71.87m

Filings

SEC EDGAR
FiledReportPeriod to Lag
Aug 5, 2026 Quarterly ↗ Jun 30, 2026 36d
May 6, 2026 Quarterly ↗ Mar 31, 2026 36d
Feb 25, 2026 Annual ↗ Dec 31, 2025 56d
Nov 5, 2025 Quarterly ↗ Sep 30, 2025 36d
Aug 6, 2025 Quarterly ↗ Jun 30, 2025 37d
May 7, 2025 Quarterly ↗ Mar 31, 2025 37d
Feb 27, 2025 Annual ↗ Dec 31, 2024 58d
Nov 6, 2024 Quarterly ↗ Sep 30, 2024 37d
Aug 5, 2024 Quarterly ↗ Jun 30, 2024 36d
May 9, 2024 Quarterly ↗ Mar 31, 2024 39d
Feb 29, 2024 Annual ↗ Dec 31, 2023 60d
Nov 8, 2023 Quarterly ↗ Sep 30, 2023 39d

Current reports