Exelon stock | 2026 price target, earnings & valuation

Exelon

NasdaqGS:EXC

$ 48,32

$-0,08 (-0,17%)

48,32 $

$-0,08 (-0,17%)

End-of-day quote: 03/27/2026

Exelon Stock Value

Currently, analysts rate Exelon as Hold.

Hold

Exelon Company Info

EPS Growth 5Y

-2,97%

Market Cap

$49,44 B

Long-Term Debt

$47,80 B

Short Interest

4,20%

Quarterly earnings

04/30/2026 (E)

Dividend

$1,68

Dividend Yield

3,47%

Founded

1999

Industry

Utilities

Country

United States

ISIN Number

US30161N1019

Website

http://www.exeloncorp.com

Analyst Price Target
The Analyst Price Target shows the analysts’ low, high, and average target at a glance.

$51,00

5.55%

Last Update: 03/28/2026

Analysts: 16

Highest Price Target $58,00

Average Price Target $51,00

Lowest Price Target $44,00

In the last five quarters, Exelon’s Price Target has risen from $32,19 to $39,57 - a 22,93% increase. Nineteen analysts predict that Exelon’s share price will increase in the coming year, reaching $51,00. This would represent an increase of 5,55%.

Top growth stocks in the utilities sector (5Y.)

What does Exelon do?

Exelon Corporation (Exelon) operates as a utility services holding company. The company engages in the energy distribution and transmission businesses through Commonwealth Edison Company (ComEd), PECO Energy Company (PECO), Baltimore Gas and Electric Company (BGE), Potomac Electric Power Company (Pepco), Delmarva Power & Light Company (DPL), and Atlantic City Electric Company (ACE). Business Services Through its business services subsidiary, Exelon Business Services Company, LLC (BSC), Exelon...

Exelon Corporation (Exelon) operates as a utility services holding company.

The company engages in the energy distribution and transmission businesses through Commonwealth Edison Company (ComEd), PECO Energy Company (PECO), Baltimore Gas and Electric Company (BGE), Potomac Electric Power Company (Pepco), Delmarva Power & Light Company (DPL), and Atlantic City Electric Company (ACE).

Business Services

Through its business services subsidiary, Exelon Business Services Company, LLC (BSC), Exelon provides its subsidiaries with a variety of support services at cost, including legal, human resources, finance, information technology, and supply management services. PHI also has a business services subsidiary, PHI Service Company (PHISCO), which provides a variety of support services at cost, including legal, finance, engineering, customer operations, transmission and distribution planning, asset management, system operations, and power procurement, to PHI operating Registrants.

Utility Operations

The Utility Registrants (ComEd, PECO, BGE, Pepco, DPL, and ACE, collectively) have the necessary authorizations to perform their business of providing regulated electric and natural gas distribution services in the various municipalities and territories in which they supply such services. These authorizations include charters, franchises, permits, and certificates of public convenience issued by local and state governments and state utility commissions. ComEd's, BGE's (gas), Pepco DC's, and ACE's rights are generally non-exclusive while PECO's, BGE's (electric), Pepco MD's, and DPL's rights are generally exclusive. Certain authorizations are perpetual while others have varying expiration dates. The Utility Registrants anticipate working with the appropriate governmental bodies to extend or replace the authorizations prior to their expirations.

Utility Regulations

State utility commissions regulate the Utility Registrants' electric and gas distribution rates and service, issuances of certain securities, and certain other aspects of the business.

The Utility Registrants are public utilities under the Federal Power Act subject to regulation by Federal Energy Regulatory Commission (FERC) related to transmission rates and certain other aspects of the utilities' business. The U.S. Department of Transportation also regulates pipeline safety and other areas of gas operations for PECO, BGE, and DPL. The U.S. Department of Homeland Security (Transportation Security Administration) provided new security directives in 2021 that regulate cyber risks for certain gas distribution operators. Additionally, the Utility Registrants are subject to NERC mandatory reliability standards, which protect the nation's bulk power system against potential disruptions from cyber and physical security breaches.

Seasonality Impacts on Delivery Volumes

The Utility Registrants' electric distribution volumes are generally higher during the summer and winter months when temperature extremes create demand for either summer cooling or winter heating. For PECO, BGE, and DPL, natural gas distribution volumes are generally higher during the winter months when cold temperatures create demand for winter heating.

ComEd, BGE, Pepco, DPL Maryland, and ACE have electric distribution decoupling mechanisms and BGE has a natural gas decoupling mechanism that eliminate the favorable and unfavorable impacts of weather and customer usage patterns on electric distribution and natural gas delivery volumes. As a result, ComEd's, BGE's, Pepco's, DPL Maryland's, and ACE's electric distribution revenues and BGE's natural gas distribution revenues are not intended to be impacted by delivery volumes. PECO's and DPL Delaware's electric distribution revenues and natural gas distribution revenues are impacted by delivery volumes.

Electric and Natural Gas Distribution Services

ComEd, Pepco, DPL and ACE customers have the choice to purchase electricity, and PECO and BGE customers have the choice to purchase electricity and natural gas from competitive electric generation and natural gas suppliers. DPL customers, with the exception of certain commercial and industrial customers, do not have the choice to purchase natural gas from competitive natural gas suppliers. The Utility Registrants remain the distribution service providers for all customers and are obligated to deliver electricity and natural gas to customers in their respective service territories while charging a regulated rate for distribution service. In addition, the Utility Registrants also retain significant default service obligations to provide electricity to certain groups of customers in their respective service areas who do not choose a competitive electric generation supplier. PECO, BGE, and DPL also retain significant default service obligations to provide natural gas to certain groups of customers in their respective service areas who do not choose a competitive natural gas supplier.

For customers that choose to purchase electric generation or natural gas from competitive suppliers. For customers that choose to purchase electric generation or natural gas from a Utility Registrant, the Utility Registrants are permitted to recover the electricity and natural gas procurement costs from customers without mark-up or with a slight mark-up.

Procurement of Electricity and Natural Gas

The Utility Registrants' electric supply for its customers is primarily procured through contracts as directed by their respective state laws and regulatory commission actions. The Utility Registrants procure electricity supply from various approved bidders or from purchases on the PJM Interconnection, LLC (PJM) operated markets.

PECO's, BGE’s, and DPL's natural gas supplies are purchased from a number of suppliers. PECO, BGE, and DPL each have annual firm transportation contracts of 437,000 mmcf, 283,000 mmcf, and 44,000 mmcf, respectively, for delivery of gas. To supplement gas transportation and supply at times of heavy winter demands and in the event of temporary emergencies, PECO, BGE, and DPL have available storage capacity from the various sources.

PECO, BGE, and DPL have long-term interstate pipeline contracts and also participate in the interstate markets by releasing pipeline capacity or bundling pipeline capacity with gas for off-system sales. Off-system gas sales are low-margin direct sales of gas to wholesale suppliers of natural gas. Earnings from these activities are shared between the utilities and customers. PECO, BGE, and DPL make these sales as part of a program to balance its supply and cost of natural gas. The off-system gas sales are not material to PECO, BGE, and DPL.

Transmission Services

The Utility Registrants, as owners of transmission facilities, are required to provide open access to their transmission facilities at cost-based rates pursuant to tariffs approved by FERC. The Utility Registrants and their affiliates are required to comply with FERC’s Standards of Conduct regulation governing the communication of non-public transmission information between the transmission owner’s employees and wholesale merchant employees.

PJM is the regional grid operator and operates pursuant to its FERC-approved tariffs. PJM is the transmission provider under, and the administrator of, the PJM Tariff. PJM operates the PJM energy, capacity, and other wholesale markets. PJM controls the day-to-day operations of the bulk power system for the region. The Utility Registrants are members of PJM and provide regional transmission service pursuant to the PJM Tariff. The Utility Registrants and the other transmission owners in PJM have turned over control of certain of their transmission facilities to PJM, and their transmission systems are under the dispatch control of PJM. Under the PJM Tariff, transmission service is provided on a region-wide, open-access basis through the transmission facilities of the PJM transmission owners.

Strategy

Exelon is a transmission and distribution company that delivers electricity and natural gas service to the company’s customers and communities. Exelon's businesses remain focused on maintaining industry leading operational excellence, meeting or exceeding their financial commitments, ensuring timely recovery on investments to enable customer benefits, supporting clean energy policies, including those that advance the company’s jurisdictions' clean energy targets, and continued commitment to corporate responsibility.

Exelon’s strategy is to improve reliability and operations, enhance the customer experience, and advance clean and affordable energy choices, while ensuring ratemaking mechanisms provide the utilities fair financial returns. The jurisdictions in which Exelon has operations have set some of the nation's leading clean energy targets and the company’s strategy is to enable that future for all its stakeholders. The Utility Registrants invest in rate base that supports service to the company’s customers and the community, including investments that sustain and improve reliability and resiliency and that enhance the service experience of the company’s customers. The Utility Registrants make these investments prudently at a reasonable cost to customers. Exelon seeks to leverage its scale and expertise across the utilities platform through enhanced standardization and sharing of resources and best practices.

Environmental Matters and Regulation

The Audit and Risk Committee oversees compliance with environmental laws and regulations, including environmental risks related to Exelon's operations and facilities, as well as the United States Securities and Exchange Commission (SEC) disclosures related to environmental matters.

In the absence of comprehensive federal climate legislation, Exelon supports the United States Environmental Protection Agency (EPA) moving forward with meaningful regulation of Greenhouse Gas (GHG) emissions under the Clean Air Act.

Under the federal Clean Water Act, NPDES (National Pollutant Discharge Elimination System) permits for discharges into waterways are required to be obtained from the United States Environmental Protection Agency (EPA) or from the state environmental agency to which the permit program has been delegated, and permits must be renewed periodically. Certain of the company’s facilities discharge water into waterways and are therefore subject to these regulations and operate under NPDES permits.

Under Clean Water Act Section 404 and state laws and regulations, the Registrants may be required to obtain permits for projects involving dredge or fill activities in waters of the United States.

The Registrants (the company, Commonwealth Edison Company, PECO Energy Company, Baltimore Gas and Electric Company, Pepco Holdings LLC, Potomac Electric Power Company, Delmarva Power & Light Company, and Atlantic City Electric Company) and their subsidiaries are, or could become in the future, parties to proceedings initiated by the EPA, state agencies, and/or other responsible parties under Comprehensive Environmental Response, Compensation, and Liability Act of 1980 (CERCLA) and Resource Conservation and Recovery Act of 1976 (RCRA) or similar state laws with respect to a number of sites or may undertake to investigate and remediate sites for which they may be subject to enforcement actions by an agency or third-party.

History

Exelon Corporation was incorporated in Pennsylvania in 1999.

Exelon Questions and Answers

Which sectors generate sales and which are the top 3 markets?

**Industry Turnover:** - Energy generation: approx. 60% - Energy distribution: approx. 25% - Renewable energies: approx. 15% **TOP 3 Markets:** - USA: approx. 85% - Canada: approx. 10% - Mexico: approx. 5% Exelon Corporation generates the majority of its turnover from energy generation, with tradi...

At which locations are the company’s products manufactured?

**Production Sites:** USA Exelon Corporation is a leading energy company in the USA and mainly operates domestic production facilities. The company is active in electricity generation and distribution and operates a variety of power plants, including nuclear power plants located in various states o...

What strategy does Exelon pursue for future growth?

**Strategy for Future Growth:** - **Investments in Renewable Energies:** Exelon plans to significantly expand its capacities in the field of renewable energies. - **Net Zero Emissions by 2050:** The company has committed to reducing its emissions and becoming climate-neutral by 2050. - **Modernizati...

Which raw materials are imported and from which countries?

**Main raw materials:** Uran, natural gas, coal **Countries of origin:** - **Uranium:** Canada, Australia, Kazakhstan - **Natural gas:** USA (mainly domestic production) - **Coal:** USA (mainly domestic production) Exelon Corporation is a leading energy company specializing in the generation and d...

How strong is the company’s competitive advantage?

**Market share:** 15% (estimated, 2025) **EBITDA margin:** 30% (2024) **Customer satisfaction:** 85% (2024, internal survey) Exelon Corporation has a significant competitive advantage that arises from several factors. The market share of around 15% in the energy sector demonstrates a strong p...

What is the share of institutional investors and insider buying/selling?

**Institutional investor share:** approx. 80% (2025, estimated based on historical data) **Insider purchases/sales:** No significant transactions known (2025, estimated) The institutional investor share in Exelon Corporation traditionally stands at around 80%. This high participation reflects the...

What percentage market share does Exelon have?

**Market share of Exelon Corporation:** Estimate 8% (2025) **Main competitors and their market shares:** 1. NextEra Energy, Inc. (NYSE:NEE) - Estimate 10% 2. Duke Energy Corporation (NYSE:DUK) - Estimate 9% 3. Dominion Energy, Inc. (NYSE:D) - Estimate 7% 4. Southern Company (NYSE:SO) - Estimate 6%...

Is Exelon stock currently a good investment?

**Revenue growth:** 3.8% (2024) **Profit growth:** 5.2% (2024) **Dividend yield:** 3.1% (2024) Exelon Corporation recorded a revenue growth of 3.8% in 2024, attributed to stable demand for energy and efficient operational processes. The profit growth of 5.2% indicates that the company was able to o...

Does Exelon pay a dividend – and how reliable is the payout?

**Dividend yield:** 3.2% (estimated for 2025) **Dividend history:** Continuous payout over the last 5 years Exelon Corporation is known for regularly distributing dividends to its shareholders. The dividend yield for the year 2025 is estimated to be around 3.2%, based on current market conditio...

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Exelon Stock Value

Exelon Company Info

Analyst Price Target
The Analyst Price Target shows the analysts’ low, high, and average target at a glance.

Top growth stocks in the utilities sector (5Y.)

What does Exelon do?

Exelon Questions and Answers

Offer & Services

Service & Collaboration

Company & Legal

New support ticket

Explore

Exelon Stock Value

Exelon Company Info

Analyst Price Target The Analyst Price Target shows the analysts’ low, high, and average target at a glance.

Top growth stocks in the utilities sector (5Y.)

What does Exelon do?

Exelon Questions and Answers

Offer & Services

Service & Collaboration

Company & Legal

Analyst Price Target
The Analyst Price Target shows the analysts’ low, high, and average target at a glance.