Comprehensive Stock Comparison

Compare Xencor, Inc. (XNCR) vs Nurix Therapeutics, Inc. (NRIX) Stock

Analyze side-by-side fundamentals, valuation, growth, and profitability to decide which stock is the better buy.

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Quick Verdict

CategoryWinnerWhy
GrowthNRIX54.0% revenue growth vs XNCR's -100.0%
Stability / SafetyNRIXBeta 1.19 vs XNCR's 1.44
DividendsTieNeither pays a meaningful dividend
Momentum (1Y)NRIX+3.4% vs XNCR's -16.9%
Efficiency (ROA)XNCR-10.5% ROA vs NRIX's -38.4%
Bottom line: NRIX leads in 3 of 5 categories, making it the stronger pick for investors who prioritize growth and revenue expansion and capital preservation and lower volatility. Xencor, Inc. is the better choice for operational efficiency and capital deployment. As direct sector peers, they can serve as alternatives in the same portfolio allocation.

Who Each Stock Is For

Income & stability

Growth exposure

Long-term compounding (10Y)

Sleep-well-at-night portfolio

Defensive / Recession hedge

Business Model

What each company does and how it makes money

XNCRXencor, Inc.
Healthcare

Xencor is a clinical-stage biopharmaceutical company that engineers monoclonal antibodies and cytokines to treat cancer and autoimmune diseases. It generates revenue primarily through collaboration agreements and milestone payments from partners — like Amgen and Novartis — who license its antibody engineering platforms and drug candidates. Its key advantage is proprietary XmAb technology platforms that enable precise antibody engineering with enhanced therapeutic properties.

NRIXNurix Therapeutics, Inc.
Healthcare

Nurix Therapeutics is a clinical-stage biopharmaceutical company developing targeted protein degradation therapies for cancer and immune disorders. It generates revenue primarily through strategic collaborations and licensing deals — including partnerships with Gilead Sciences and Sanofi — while advancing its own pipeline of oral BTK degraders and CBL-B inhibitors. The company's key advantage is its proprietary DELigase platform for discovering novel protein degraders, which could enable treatments for diseases that have been difficult to target with conventional small molecules.

Revenue Breakdown by Segment

How each company's revenue is distributed across its business units

XNCRXencor, Inc.
FY 2025
Royalty
63.9%$80M
Milestone
36.1%$45M
NRIXNurix Therapeutics, Inc.
FY 2025
Collaboration Revenue
64.3%$54M
License Revenue
35.7%$30M

Financial Metrics Comparison

Side-by-side fundamentals across 2 stocks. BestLagging

Financial Scorecard

NRIX 2XNCR 1
Financial MetricsTie1/2 metrics
Valuation MetricsXNCR2/2 metrics
Profitability & EfficiencyTie3/6 metrics
Total ReturnsNRIX5/6 metrics
Risk & VolatilityNRIX2/2 metrics
Analyst Outlook0/0 metrics

NRIX leads in 2 of 6 categories (Total Returns, Risk & Volatility). XNCR leads in 1 (Valuation Metrics). 2 tied.

Financial Metrics (TTM)

NRIX and XNCR operate at a comparable scale, with $84M and $0 in trailing revenue. On growth, NRIX holds the edge at +2.2% YoY revenue growth, suggesting stronger near-term business momentum.

MetricXNCRXencor, Inc.NRIXNurix Therapeutic…
RevenueTrailing 12 months$0$84M
EBITDAEarnings before interest/tax$0-$267M
Net IncomeAfter-tax profit-$92M-$264M
Free Cash FlowCash after capex-$138M-$263M
Gross MarginGross profit ÷ Revenue-87.4%
Operating MarginEBIT ÷ Revenue-3.4%
Net MarginNet income ÷ Revenue-3.1%
FCF MarginFCF ÷ Revenue-3.1%
Rev. Growth (YoY)Latest quarter vs prior year-2.4%+2.2%
EPS Growth (YoY)Latest quarter vs prior year+87.7%-9.3%
Evenly matched — XNCR and NRIX each lead in 1 of 2 comparable metrics.

Valuation Metrics

MetricXNCRXencor, Inc.NRIXNurix Therapeutic…
Market CapShares × price$918M$1.6B
Enterprise ValueMkt cap + debt − cash$932M$1.4B
Trailing P/EPrice ÷ TTM EPS-10.30x-5.24x
Forward P/EPrice ÷ next-FY EPS est.
PEG RatioP/E ÷ EPS growth rate
EV / EBITDAEnterprise value multiple
Price / SalesMarket cap ÷ Revenue19.36x
Price / BookPrice ÷ Book value/share0.75x2.57x
Price / FCFMarket cap ÷ FCF
XNCR leads this category, winning 2 of 2 comparable metrics.

Profitability & Efficiency

XNCR delivers a -7.2% return on equity — every $100 of shareholder capital generates $-7 in annual profit, vs $-49 for NRIX. XNCR carries lower financial leverage with a 0.05x debt-to-equity ratio, signaling a more conservative balance sheet compared to NRIX's 0.10x. On the Piotroski fundamental quality scale (0–9), NRIX scores 4/9 vs XNCR's 2/9, reflecting mixed financial health.

MetricXNCRXencor, Inc.NRIXNurix Therapeutic…
ROE (TTM)Return on equity-7.2%-49.1%
ROA (TTM)Return on assets-10.5%-38.4%
ROICReturn on invested capital-54.0%
ROCEReturn on capital employed-48.6%
Piotroski ScoreFundamental quality 0–924
Debt / EquityFinancial leverage0.05x0.10x
Net DebtTotal debt minus cash$14M-$191M
Cash & Equiv.Liquid assets$54M$247M
Total DebtShort + long-term debt$68M$56M
Interest CoverageEBIT ÷ Interest expense
Evenly matched — XNCR and NRIX each lead in 3 of 6 comparable metrics.

Total Returns (with DRIP)

A $10,000 investment in NRIX five years ago would be worth $4,406 today (with dividends reinvested), compared to $2,642 for XNCR. Over the past 12 months, NRIX leads with a +3.4% total return vs XNCR's -16.9%. The 3-year compound annual growth rate (CAGR) favors NRIX at 19.2% vs XNCR's -26.5% — a key indicator of consistent wealth creation.

MetricXNCRXencor, Inc.NRIXNurix Therapeutic…
YTD ReturnYear-to-date-14.4%-11.6%
1-Year ReturnPast 12 months-16.9%+3.4%
3-Year ReturnCumulative with dividends-60.3%+69.4%
5-Year ReturnCumulative with dividends-73.6%-55.9%
10-Year ReturnCumulative with dividends+16.1%-16.0%
CAGR (3Y)Annualised 3-year return-26.5%+19.2%
NRIX leads this category, winning 5 of 6 comparable metrics.

Risk & Volatility

NRIX is the less volatile stock with a 1.19 beta — it tends to amplify market swings less than XNCR's 1.44 beta. A beta below 1.0 means the stock typically moves less than the S&P 500.

MetricXNCRXencor, Inc.NRIXNurix Therapeutic…
Beta (5Y)Sensitivity to S&P 5001.44x1.19x
52-Week HighHighest price in past year$18.69$22.50
52-Week LowLowest price in past year$6.92$8.18
% of 52W HighCurrent price vs 52-week peak+68.3%+71.0%
RSI (14)Momentum oscillator 0–10061.545.3
Avg Volume (50D)Average daily shares traded531K946K
NRIX leads this category, winning 2 of 2 comparable metrics.

Analyst Outlook

Wall Street rates XNCR as "Buy" and NRIX as "Buy". Consensus price targets imply 125.1% upside for XNCR (target: $29) vs 95.5% for NRIX (target: $31).

MetricXNCRXencor, Inc.NRIXNurix Therapeutic…
Analyst RatingConsensus buy/hold/sellBuyBuy
Price TargetConsensus 12-month target$28.75$31.22
# AnalystsCovering analysts2717
Dividend YieldAnnual dividend ÷ price
Dividend StreakConsecutive years of raises
Dividend / ShareAnnual DPS
Buyback YieldShare repurchases ÷ mkt cap+0.1%0.0%
Insufficient data to determine a leader in this category.

Historical Charts

Charts are rendered on first load. Hover for details.

Chart 1Total Return — 5 Years (Rebased to 100)

StockAug 20Feb 26Change
Xencor, Inc. (XNCR)10038.05-62.0%
Nurix Therapeutics,… (NRIX)100.5889.9-10.6%

Nurix Therapeutics,… (NRIX) returned -56% over 5 years vs Xencor, Inc. (XNCR)'s -74%.

Chart 2Revenue Growth — 10 Years

Stock20162025Change
Xencor, Inc. (XNCR)$88M$0.00-100.0%
Nurix Therapeutics,… (NRIX)$37M$84M+124.3%

Xencor, Inc.'s revenue grew from $88M (2016) to $0M (2025) — a -100.0% CAGR.

Chart 3Net Margin Trend — 10 Years

Stock20162025Change
Xencor, Inc. (XNCR)27.0%-2.1%-107.8%
Nurix Therapeutics,… (NRIX)-25.2%-3.1%+87.5%

Chart 4EPS Growth — 10 Years

Stock20162025Change
Xencor, Inc. (XNCR)0.56-1.24-321.4%
Nurix Therapeutics,… (NRIX)-0.59-3.05-416.9%

Xencor, Inc.'s EPS grew from $0.56 (2016) to $-1.24 (2025) — a NaN% CAGR.

Chart 5Free Cash Flow — 5 Years

2021
$-33M
$-90M
2022
$-19M
$-172M
2023
$-96M
$-90M
2024
$-208M
$-182M
2025
$-138M
$-263M
Xencor, Inc. (XNCR)Nurix Therapeutics,… (NRIX)

Xencor, Inc. generated $-138M FCF in 2025 (-321% vs 2021). Nurix Therapeutics, Inc. generated $-263M FCF in 2025 (-193% vs 2021).

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XNCR vs NRIX: Frequently Asked Questions

7 questions · data-driven answers · updated daily

01

Is XNCR or NRIX a better buy right now?

Analysts rate Xencor, Inc. (XNCR) a "Buy" — based on 27 analyst ratings — the highest consensus in this comparison. The "better buy" depends entirely on your goals: growth investors should weight revenue trajectory, value investors should weight P/E and PEG, and income investors should weight dividend yield and streak.

02

Which is the better long-term investment — XNCR or NRIX?

Over the past 5 years, Nurix Therapeutics, Inc. (NRIX) delivered a total return of -55.9%, compared to -73.6% for Xencor, Inc. (XNCR). A $10,000 investment in NRIX five years ago would be worth approximately $4K today (assuming dividends reinvested). Over 10 years, the gap is even starker: XNCR returned +16.1% versus NRIX's -16.0%. Past returns do not guarantee future results, and the stock with the higher historical return may already have its best growth priced in.

03

Which is safer — XNCR or NRIX?

By beta (market sensitivity over 5 years), Nurix Therapeutics, Inc. (NRIX) is the lower-risk stock at 1.19β versus Xencor, Inc.'s 1.44β — meaning XNCR is approximately 21% more volatile than NRIX relative to the S&P 500. On balance sheet safety, Xencor, Inc. (XNCR) carries a lower debt/equity ratio of 5% versus 10% for Nurix Therapeutics, Inc. — giving it more financial flexibility in a downturn.

04

Which has better profit margins — XNCR or NRIX?

Xencor, Inc. (XNCR) is the more profitable company, earning 0.0% net margin versus -314.9% for Nurix Therapeutics, Inc. — meaning it keeps 0.0% of every revenue dollar as bottom-line profit. Operating margin tells a similar story: XNCR leads at 0.0% versus -340.2% for NRIX. At the gross margin level — before operating expenses — NRIX leads at 77.5%, reflecting greater pricing power or product mix advantage. Stronger margins indicate durable pricing power, lower cost of revenue, or higher mix of software/services. They are one of the clearest signs of business quality.

05

Which pays a better dividend — XNCR or NRIX?

None of the stocks in this comparison currently pay a material dividend. All are effectively zero-yield and should be held for capital appreciation rather than income.

06

Is XNCR or NRIX better for a retirement portfolio?

For long-horizon retirement investors, Nurix Therapeutics, Inc. (NRIX) is the stronger choice — it scores higher on the combination of lower volatility, dividend reliability, and long-term compounding (low volatility (β 1.19)). Both have compounded well over 10 years (NRIX: -16.0%, XNCR: +16.1%), confirming both are viable long-term holds — but the lower-volatility option typically results in less emotional selling during corrections. Retirement portfolios generally favour predictability over maximum returns. Consult a financial advisor before making allocation decisions.

07

What are the main differences between XNCR and NRIX?

Both stocks operate in the Healthcare sector, making this a peer-level intra-sector comparison — the same macro tailwinds and headwinds will affect both. These fundamental differences mean investors should not choose between them on a single metric — the "better stock" depends entirely on which of these characteristics aligns with your investment strategy.

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Revenue Growth>
%
(XNCR: -239.0% · NRIX: 2.2%)