Exelon (NASDAQ:EXC) Price Target Raised to $53.00

Exelon (NASDAQ:EXC) had its target price lifted by research analysts at JPMorgan Chase & Co. from $48.00 to $53.00 in a report issued on Thursday,Benzinga reports. The firm currently has a “neutral” rating on the stock. JPMorgan Chase & Co.‘s target price would suggest a potential upside of 7.12% from the company’s current price.

Several other research analysts also recently commented on the company. UBS Group boosted their target price on Exelon from $48.00 to $51.00 and gave the stock a “neutral” rating in a report on Friday, February 20th. Jefferies Financial Group dropped their price objective on shares of Exelon from $57.00 to $55.00 and set a “buy” rating for the company in a research report on Tuesday, January 27th. KeyCorp increased their price objective on Exelon from $39.00 to $44.00 and gave the company an “underweight” rating in a research report on Wednesday, March 4th. Wells Fargo & Company lifted their target price on Exelon from $51.00 to $53.00 and gave the company an “overweight” rating in a research note on Friday, February 13th. Finally, Wall Street Zen upgraded Exelon from a “sell” rating to a “hold” rating in a research report on Sunday, February 22nd. Eight analysts have rated the stock with a Buy rating, seven have given a Hold rating and two have given a Sell rating to the stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus price target of $50.93.

Exelon Price Performance

EXC stock traded up $0.64 during trading on Thursday, hitting $49.48. The company had a trading volume of 5,591,004 shares, compared to its average volume of 8,886,631. The company has a fifty day moving average price of $45.88 and a two-hundred day moving average price of $45.35. The company has a current ratio of 0.92, a quick ratio of 0.84 and a debt-to-equity ratio of 1.66. The company has a market cap of $50.61 billion, a P/E ratio of 18.12, a P/E/G ratio of 2.85 and a beta of 0.45. Exelon has a fifty-two week low of $41.71 and a fifty-two week high of $49.88.

Exelon (NASDAQ:EXC) last released its quarterly earnings data on Thursday, February 12th. The company reported $0.59 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.55 by $0.04. Exelon had a return on equity of 9.97% and a net margin of 11.41%.During the same quarter last year, the company earned $0.64 earnings per share. The firm’s quarterly revenue was down 1.1% on a year-over-year basis. Exelon has set its FY 2026 guidance at 2.810-2.910 EPS. Equities research analysts expect that Exelon will post 2.64 earnings per share for the current fiscal year.

Hedge Funds Weigh In On Exelon

Institutional investors have recently modified their holdings of the stock. Motiv8 Investments LLC bought a new position in Exelon during the 4th quarter worth approximately $25,000. LRI Investments LLC increased its stake in Exelon by 210.8% in the third quarter. LRI Investments LLC now owns 578 shares of the company’s stock valued at $26,000 after purchasing an additional 392 shares in the last quarter. Optima Capital LLC bought a new stake in Exelon in the fourth quarter valued at approximately $25,000. SHP Wealth Management acquired a new stake in Exelon in the fourth quarter worth $26,000. Finally, Beacon Financial Strategies CORP bought a new position in shares of Exelon during the fourth quarter worth $26,000. 80.92% of the stock is currently owned by institutional investors and hedge funds.

Exelon Company Profile

Exelon Corporation (NASDAQ: EXC) is a Chicago-based energy company that operates primarily as a regulated electric and natural gas utility holding company. The company’s businesses focus on the delivery of electricity and related services to residential, commercial and industrial customers, as well as investments in grid modernization, customer energy solutions and demand-side programs. Exelon’s operations emphasize reliable service delivery, infrastructure maintenance and regulatory compliance across its utility footprint.

Formed in 2000 through the merger of Unicom and PECO Energy, Exelon historically combined generation and regulated utility businesses.