The Bid & Ask

Quotations, Dispatches, and the Daily Tape

Thursday, August 13, 2026

Subject of the day

XNCR

Concerning the House

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.

United States · www.xencor.com

The Long Run

FY 2014–2025 · 12 years

LineLatestCAGRTrend
Revenue$110.49M+0.2%
Operating income-$177.50M+39.3%
Net income-$133.13M
Cash from ops-$202.19M-8.2%
Quotation

$22.99

-0.19 (-0.8%)

52w hi$23.18
52w lo$7.44
Vol975.14K
As ofAug 13
The Verdict

Hold

Our score -0.11

Short-0.00
Medium-0.02
Long-0.53

computed 2026-08-13

By the Numbers

Xencor, Inc.

Healthcare · Biotechnology

Market cap$1.71B
Enterprise value$1.44B
Trailing P/E
Forward P/E-6.59x
EV / EBITDA-6.98x
P / S (ttm)16.28x
Profit margin-155.6%
Return on equity-29.1%
Revenue growth+17.5%
Earnings growth
Debt / equity33.80
Risk Metrics
Beta vs SPX1.48
Corr SPX0.36
Annual vol66.4%
Annual ret+30.9%
Sharpe0.47
Max DD-73.9%

Window: 504 trading days (504 obs)

Layer Breakdown
LayerRawContribution
Fundamental-0.12
Sector+0.12
Technical+0.00
Earnings+0.00
Sentiment+0.00

macro × 1.00 · 2026-08-13

Recent Sessions
DateOpenHighLowCloseVol
Aug 13$23.36$23.40$22.53$22.99975.14K
Aug 12$22.13$23.34$21.90$23.181.97M
Aug 11$21.99$22.22$21.431.11M
Aug 10$20.92$21.81$20.48$21.581.26M
Aug 7$20.22$21.05$19.92$20.811.12M