XNCR — Stock Film
STOCK FILMSCENE 1/11XNCR · $24.41
Stock Expert AI presents
XNCR
Xencor, Inc
~5 min film100% real numbersplain English
WHAT DOES THIS COMPANY DO?
Xencor, Inc. What it actually does.

Discovers and develops engineered monoclonal antibody therapeutics. Creates cytokine therapeutics for cancer and autoimmune diseases. Now — the numbers.

on the stock market since 2013
260 employees
$1.8B market value
WHERE DOES THE MONEY COME FROM?
64%Royalty
RoyaltyMilestone 36%
64% of all revenue comes from a single line: Royalty.

That much dependence is a risk in itself: if this one line weakens, the whole company feels it directly.

Revenue last year:
$125.6M
The loss that same year:
$91.9M
For every $1 it earns, the company spends $1.7.

The company closed last year at a loss: costs ran above sales. The picture changes only if spending is reined in.

In the vault right now:
$547.7M
DEBT: $187.7M
At this pace, that money lasts about 6 years.

At this burn rate the cash pile isn’t the pressing question — for now, time is on the company’s side.

THE PRICE TAG
MARKET VALUE / ANNUAL SALES
14.4×

This company is not turning a profit, so the market is pricing its sales instead: 14.4× for every dollar of annual revenue.

Against companies in its own sector, it looks cheaper than 42% of them.

Analysts' average target sits 41% above today's price.

INSIDE THE REPORT CARD

We compared this company with its own sector across five subjects.

A score of 50 means class average.

BUSINESS QUALITY
25
very weak

Clearly below the class average.

FINANCIAL STRENGTH
45
weak

Clearly below the class average.

VALUATION
42
weak

Clearly below the class average.

GROWTH
40
weak

Clearly below the class average.

PRICE MOMENTUM
99
very strong

The stock has been running stronger than the market lately.

WORTH WATCHING

Business Quality: Profit power and business quality trail similar companies in the sector.

Growth: Sales growth trails the sector average.

THE FIVE-YEAR JOURNEY
Below the peak, but no collapse.

The stock trades 44% below its peak. The market has trimmed its expectations for the company.

1
THE BRIGHT SIDE · 1/2
Sales are holding up

The company sells $125.6M a year; the problem isn’t sales — it’s costs running above that number.

2
THE BRIGHT SIDE · 2/2
Strong cash, light debt

There is $547.7M in the vault; even if every debt were paid off, $360.0M would remain.

1
THE RISKS · 1/3
Small sales, big loss

A loss of $91.9M against $125.6M in annual sales.

2
THE RISKS · 2/3
The business trails its class

Measured against its sector, the quality of the business sits below the class average. Report-card grade: 25/100.

3
THE RISKS · 3/3
Growth trails the sector

The growth engine is running at low revs right now. Report-card grade: 40/100.

FINALE · THE GRADE
F
26 / 100 · MoonshotScore

On our five-subject report card, XNCR sits behind the class. A low grade doesn’t mean “doomed” — it means “big claim, small proof.”

The takeaway: XNCR’s sales are going backwards, and it closed last year at a loss. The road back runs through both.

The total grade weighs these five subjects against the sector — it isn’t a simple average of the five.

Analysts’ average target sits above today’s price, yet the valuation grade (42/100) says the stock isn’t cheap.

What would you like to do next?
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This was a film — not investment advice.
Data: FMP & company filings
Sep 11, 2026 · stockexpertai.com · Stock Film