Exelon (NASDAQ:EXC) Price Target Cut to $41.00 by Analysts at KeyCorp

by · The Cerbat Gem

Exelon (NASDAQ:EXC – Get Free Report) had its target price cut by analysts at KeyCorp from $43.00 to $41.00 in a research report issued on Wednesday,Benzinga reports. The brokerage currently has an “underweight” rating on the stock. KeyCorp’s target price indicates a potential downside of 8.85% from the company’s current price.

EXC has been the subject of a number of other research reports. Scotiabank increased their price objective on shares of Exelon from $46.00 to $47.00 and gave the stock a “sector perform” rating in a research report on Friday, February 13th. Weiss Ratings raised shares of Exelon from a “buy (b-)” rating to a “buy (b)” rating in a research report on Friday, May 1st. Morgan Stanley lowered their price objective on shares of Exelon from $56.00 to $55.00 and set an “equal weight” rating for the company in a research report on Tuesday, April 21st. UBS Group increased their price objective on shares of Exelon from $48.00 to $51.00 and gave the stock a “neutral” rating in a research report on Friday, February 20th. Finally, Mizuho set a $48.00 price objective on shares of Exelon and gave the stock a “neutral” rating in a research report on Friday, April 17th. Four equities research analysts have rated the stock with a Buy rating, thirteen have issued a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat, the stock presently has a consensus rating of “Hold” and an average price target of $50.33.

Check Out Our Latest Research Report on Exelon

Exelon Stock Performance

NASDAQ:EXC opened at $44.98 on Wednesday. The company has a debt-to-equity ratio of 1.65, a quick ratio of 0.85 and a current ratio of 0.94. The stock has a market capitalization of $46.02 billion, a P/E ratio of 16.48, a PEG ratio of 2.56 and a beta of 0.32. The company has a 50 day moving average price of $47.85 and a 200 day moving average price of $46.17. Exelon has a fifty-two week low of $41.71 and a fifty-two week high of $50.65.

Exelon (NASDAQ:EXC – Get Free Report) last posted its quarterly earnings data on Wednesday, May 6th. The company reported $0.91 earnings per share for the quarter, topping analysts’ consensus estimates of $0.88 by $0.03. The firm had revenue of $7.24 billion during the quarter, compared to analysts’ expectations of $6.93 billion. Exelon had a net margin of 11.21% and a return on equity of 9.83%. The firm’s quarterly revenue was up 7.9% on a year-over-year basis. During the same quarter last year, the company posted $0.92 EPS. Exelon has set its FY 2026 guidance at 2.810-2.910 EPS. Equities research analysts forecast that Exelon will post 2.86 EPS for the current year.

Institutional Investors Weigh In On Exelon

A number of hedge funds and other institutional investors have recently modified their holdings of EXC. Caxton Associates LLP acquired a new stake in shares of Exelon in the 1st quarter valued at $286,000. Woodline Partners LP raised its holdings in shares of Exelon by 40.7% in the 1st quarter. Woodline Partners LP now owns 84,925 shares of the company’s stock valued at $3,913,000 after purchasing an additional 24,580 shares in the last quarter. Jump Financial LLC acquired a new stake in shares of Exelon in the 2nd quarter valued at $2,448,000. Gamco Investors INC. ET AL acquired a new stake in Exelon during the 2nd quarter worth $645,000. Finally, Treasurer of the State of North Carolina raised its stake in Exelon by 3.1% during the 2nd quarter. Treasurer of the State of North Carolina now owns 472,175 shares of the company’s stock worth $20,502,000 after acquiring an additional 14,240 shares in the last quarter. 80.92% of the stock is currently owned by institutional investors and hedge funds.

Exelon Company Profile

(Get Free Report)

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.

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