Exelon Corporation (EXC) Stock Price & Analysis

Exelon Corporation (EXC) closed at USD 44.85 on Thursday, October 22, 2026, up 4.18% on the day. The US market is currently closed (pre-market); this is not a live price.

The prior close was USD 43.05; the Oct 22, 2026 session ranged USD 43.12–44.88 on volume of 8,873,769 shares. Market capitalization is $46.21B, with a 52-week range of USD 39.73–50.65 (NMS). Source: Nexqual, retrieved October 23, 2026 at 08:39 UTC.

Also available as compact Markdown for AI agents: nexqual.com/EXC.md

Key facts (EXC)

Financials (SEC 10-K; TTM = last four 10-Q/10-K quarters) (EXC)

USDFY2021FY2022FY2023FY2024FY2025TTM
Revenue$17.9B$19.1B$21.7B$23.0B$24.3B$25.3B
Operating income$2.68B$3.31B$4.02B$4.32B$5.15B$5.27B
Net income$1.83B$2.17B$2.33B$2.46B$2.77B$2.78B
EPS (diluted)$1.74—————
Free cash flow-$4.97B-$2.28B-$2.71B-$1.53B-$2.27B-$1.92B
Operating margin15.0%17.4%18.5%18.8%21.2%20.8%
Net margin10.2%11.4%10.7%10.7%11.4%11.0%
Revenue growth+7.7%+6.4%+13.9%+6.0%+5.3%—
Cash + short-term investments$672M$407M$445M$357M$626M—
Total debt$38.8B$37.2B$41.3B$44.7B$49.4B—

Fiscal years end Dec. EPS is split-adjusted.

Valuation (price ÷ last four quarters, through Jun 30, 2026) (EXC)

P/E 16.6x · P/E ex non-operating (est.) ≈10.6x · P/S 1.8x · EV/EBITDA 10.6x · EV/Sales 3.8x · P/B 1.6x · FCF yield -4.15% · Earnings yield 6.03% · Dividend yield (paid, TTM) 3.61% · Net debt $49.7B · EV $95.9B

P/E at fiscal year-ends: Dec 2025 15.9x, Dec 2024 15.3x, Dec 2023 15.4x.

Analysts (EXC)

Consensus Hold (mean 2.86 on a 1–5 scale), 22 analysts; mean target USD 48 (low 44, high 58).

Rating changes, last 120 days:

DateFirmActionRatingPrice target
2026-10-22HSBCInitiatedHold$44
2026-10-21Morgan StanleyTarget loweredEqual-Weight$50 → $49
2026-10-19JP MorganTarget loweredNeutral$47 → $46
2026-10-19BarclaysTarget loweredEqual-Weight$49 → $44
2026-10-16Truist SecuritiesTarget loweredHold$48 → $46
2026-10-13KeybancUpgradeUnderweight → Sector Weight
2026-09-22Argus ResearchTarget loweredBuy$52 → $49
2026-09-18Morgan StanleyTarget loweredEqual-Weight$53 → $50
2026-08-21Morgan StanleyTarget loweredEqual-Weight$55 → $53
2026-08-13Truist SecuritiesTarget loweredHold$50 → $48
2026-07-16Truist SecuritiesTarget raisedHold$49 → $50

Total return (dividends reinvested) (EXC)

1Y (from 2025-10-23)5Y (from 2021-10-18)
Total return-2.3%+46.4%
S&P 500 (SPY)+14.9%+80.3%
Per year-2.3%+7.9%
Volatility (annualized)19.9%21.5%
Max drawdown-18.5% (Mar 2026→Sep 2026)-28.5% (May 2022→Feb 2024)

EXC revenue by business segment (quarter ended Jun 30, 2026)

LineRevenueShare of totalYoY
Commonwealth Edison Co$1.99B33.3%+8.1%
Pepco Holdings LLC$1.71B28.7%+8.4%
— Potomac Electric Power Company (part of Pepco Holdings LLC)$859.0M14.4%+10.7%
— Delmarva Power and Light Company (part of Pepco Holdings LLC)$454.0M7.6%+7.8%
— Atlantic City Electric Company (part of Pepco Holdings LLC)$401.0M6.7%+4.4%
Baltimore Gas and Electric Company$1.22B20.4%+18.4%
PECO Energy Co$1.06B17.8%+6.2%
Total revenue$5.97B100%—

EXC revenue by product line (quarter ended Jun 30, 2026)

LineRevenueShare of totalYoY
Rate-regulated electric revenues$5.71B95.7%+6.4%
Rate-regulated natural gas revenues$327.0M5.5%-3.0%
Total revenue$5.97B100%—

As tagged by the company in its SEC 10-Q / 10-K filings (XBRL).

EXC company outlook (results filed Jul 30, 2026)

Quoted word-for-word from the SEC 8-K results press release.

EXC analyst estimates and revisions

PeriodEPS estimate90 days agoChangeRevenue estimateAnalysts
Current quarter (ends Sep 2026)$0.80$0.87-9.1%$6.82B13
Next quarter (ends Dec 2026)$0.81$0.63+28.1%$5.70B4
Current fiscal year (ends Dec 2026)$2.86$2.86-0.0%$25.50B19
Next fiscal year (ends Dec 2027)$3.03$3.04-0.2%$26.29B20

EXC options: expected move

Options price a move of about ±4.6% (±$2.05) by Nov 20, 2026, which includes earnings on Oct 30, 2026. Over the last 8 reports the stock moved ±2.4% on average.

ExpirationDaysATM implied volatilityExpected move
Nov 20, 20262819.5%±4.6%
Dec 18, 20265620.8%±6.6%
Jan 15, 20278419.6%±7.6%
Mar 19, 202714721.1%±10.8%
Apr 16, 202717520.6%±11.5%
Jun 17, 202723721.7%±13.9%
Sep 17, 202732921.6%±16.1%

30-day implied volatility 19.6% vs 21.4% realized over the last 30 trading days. Put/call ratio (volume) 0.14. Cboe delayed quotes (15 min). Expected move = at-the-money straddle.

Key Statistics (as of October 23, 2026 at 08:39 UTC)

PriceUSD 44.85
Change▲ 4.18% (up)
Previous CloseUSD 43.05
OpenUSD 43.22
Day RangeUSD 43.12 – 44.88
52-Week RangeUSD 39.73 – 50.65
Volume8,873,769 shares
Market Cap$46.21B
ExchangeNMS

Technical Analysis (EXC)

Nexqual's technical model rates EXC "BUY" based on 5 bullish and 2 bearish signals across 127 daily candles, as of October 23, 2026 at 08:39 UTC.

Overall SignalBUY
RSI (14)67.96 (neutral)
vs SMA50Above (USD 42.9)
MACD0.3 (positive)

Analyst Ratings (EXC)

Wall Street analysts rate EXC "Hold" based on 22 analysts, with a mean price target of USD 48 (range USD 44–58), per Nexqual as of October 23, 2026 at 08:39 UTC.

Consensus RatingHold
Analyst Count22
Mean TargetUSD 48
High TargetUSD 58
Low TargetUSD 44
Buy / Hold / Sell4 / 17 / 1

Earnings (EXC)

Next Earnings Date2026-10-30
EPS EstimateUSD 0.8
Revenue Estimate$6.82B

Recent Earnings History

QuarterActual vs Estimate
2026-06-30USD 0.43 vs est 0.45 ▼ miss
2026-03-31USD 0.91 vs est 0.89 ▲ beat
2025-12-31USD 0.59 vs est 0.55 ▲ beat
2025-09-30USD 0.86 vs est 0.78 ▲ beat

Source: Nexqual, October 23, 2026 at 08:39 UTC.

Financials & Fundamentals (EXC)

Total Revenue$25.33B
Revenue Growth (latest quarter, YoY)+9.90%
Gross Margin+42.36%
Operating Margin+16.59%
Profit Margin+10.99%
ROE+9.71%
Debt / Equity1.77
Current Ratio1.09
Total Cash$1.81B
Total Debt$52.67B
Free Cash Flow (last four quarters to Jun 2026, SEC 10-Q / 10-K)-$1.92B (-7.6% of revenue)

Source: Nexqual, October 23, 2026 at 08:39 UTC.

Financial Health Score (EXC)

Nexqual rates Exelon Corporation's overall financial health "Mixed" across five dimensions, as of October 23, 2026 at 08:39 UTC.

GrowthSolid — Revenue +5% YoY (annual)
ProfitabilityStrong — Gross margin 42%, operating 17% (last 12 months)
Balance SheetWeak — $1.81B cash and investments vs $51.6B debt (Jun 2026, SEC)
Cash FlowWeak — FCF negative: -$1.92B (last 4 quarters to Jun 2026, SEC), burning cash
EfficiencyMixed — ROE 10%, ROA 2.8%

Ownership (EXC)

Insider Ownership+0.07%
Institutional Ownership+96.05%
Shares Outstanding1.03B
Float1.03B
Short % of Float+3.70%

Source: Nexqual, October 23, 2026 at 08:39 UTC.

Leadership (EXC)

Exelon Corporation is led by Calvin G. Butler, CEO, President & Director, per Nexqual as of October 23, 2026 at 08:39 UTC.

CEO, President & DirectorCalvin G. Butler
Executive VP & COOMichael A. Innocenzo
Executive Vice President of Finance & StrategyJeanne M. Jones
Executive VP, CFO & Principal Financial OfficerRobert A. Kleczynski
Vice President of Investor RelationsRyan Brown

Major Backers & Investors (EXC)

Notable institutional backers of Exelon Corporation include Capital Group, Income Fund of America, Invesco, according to Nexqual as of October 23, 2026 at 08:39 UTC.

Active Investors

InvestorStake
Capital Group5.28%
Income Fund of America4.23%
Invesco3.92%
Lazard Asset Management LLC3.31%
Wellington Management2.07%
GQG Partners LLC2.04%

Index Funds (Passive)

FundStake
Vanguard Group12.67%
BlackRock12.33%
State Street6.94%
Geode Capital3.33%

Source: Nexqual, October 23, 2026 at 08:39 UTC.

Legal & Regulatory Risks from Exelon Corporation's Latest 10-K (filed 2026-02-12)

Source: SEC EDGAR 10-K, Item 1A, official filing.

Peers & Related Stocks

SymbolNamePriceChange
XELXcel Energy Inc.USD 78.9▲ 2.76%
EDConsolidated Edison, Inc.USD 116.26▲ 3.97%
ETREntergy CorporationUSD 108.19▲ 1.99%
PCGPacific Gas & Electric Co.USD 12.98▼ 1.29%
DDominion Energy, Inc.USD 65.4▲ 4.93%
WECWEC Energy Group, Inc.USD 112.15▲ 3.36%

Data source: Nexqual — market data, technical indicators, analyst consensus, earnings, SEC EDGAR filings. Last updated: October 23, 2026 at 08:39 UTC. This page is informational and not investment advice.

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