JPMorgan Chase & Co. Forecasts Strong Price Appreciation for Exelon (NASDAQ:EXC) Stock

Exelon (NASDAQ:EXC) had its price objective increased by JPMorgan Chase & Co. from $48.00 to $53.00 in a report released on Thursday,Benzinga reports. The firm currently has a “neutral” rating on the stock. JPMorgan Chase & Co.‘s target price indicates a potential upside of 7.12% from the stock’s previous close.

Several other research firms also recently commented on EXC. Royal Bank Of Canada began coverage on shares of Exelon in a report on Wednesday, January 7th. They issued a “sector perform” rating and a $51.00 price objective on the stock. Mizuho increased their price objective on shares of Exelon from $47.00 to $51.00 and gave the stock an “outperform” rating in a research note on Friday, February 13th. UBS Group boosted their target price on shares of Exelon from $48.00 to $51.00 and gave the company a “neutral” rating in a research report on Friday, February 20th. Wall Street Zen raised shares of Exelon from a “sell” rating to a “hold” rating in a report on Sunday, February 22nd. Finally, Jefferies Financial Group reduced their price target on shares of Exelon from $57.00 to $55.00 and set a “buy” rating on the stock in a research report on Tuesday, January 27th. Eight analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and two have assigned a Sell rating to the company’s stock. According to MarketBeat, the stock has an average rating of “Hold” and an average price target of $50.93.

Exelon Stock Up 1.3%

Shares of NASDAQ:EXC traded up $0.64 during trading on Thursday, hitting $49.48. 5,591,004 shares of the company’s stock traded hands, compared to its average volume of 8,886,631. The company has a 50-day moving average price of $45.88 and a 200-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. Exelon has a 52 week low of $41.71 and a 52 week high of $49.88. The company has a market cap of $50.61 billion, a price-to-earnings ratio of 18.12, a price-to-earnings-growth ratio of 2.85 and a beta of 0.45.

Exelon (NASDAQ:EXC) last posted its quarterly earnings results on Thursday, February 12th. The company reported $0.59 earnings per share 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%.Exelon’s revenue was down 1.1% compared to the same quarter last year. During the same quarter last year, the business posted $0.64 EPS. Exelon has set its FY 2026 guidance at 2.810-2.910 EPS. As a group, research analysts forecast that Exelon will post 2.64 EPS for the current fiscal year.

Institutional Trading of Exelon

Several institutional investors have recently added to or reduced their stakes in the stock. Vanguard Group Inc. increased its position in shares of Exelon by 0.5% during the fourth quarter. Vanguard Group Inc. now owns 131,118,541 shares of the company’s stock worth $5,715,457,000 after buying an additional 595,555 shares during the period. State Street Corp boosted its holdings in shares of Exelon by 4.0% during the 4th quarter. State Street Corp now owns 66,623,103 shares of the company’s stock worth $2,904,101,000 after buying an additional 2,550,786 shares in the last quarter. Geode Capital Management LLC grew its position in shares of Exelon by 3.4% during the 2nd quarter. Geode Capital Management LLC now owns 27,958,588 shares of the company’s stock worth $1,209,229,000 after buying an additional 931,897 shares during the period. Lazard Asset Management LLC increased its stake in shares of Exelon by 3.0% in the 4th quarter. Lazard Asset Management LLC now owns 23,130,053 shares of the company’s stock valued at $1,008,239,000 after acquiring an additional 683,950 shares in the last quarter. Finally, Deutsche Bank AG boosted its stake in Exelon by 2.9% during the fourth quarter. Deutsche Bank AG now owns 20,964,736 shares of the company’s stock worth $913,853,000 after acquiring an additional 595,655 shares in the last quarter. 80.92% of the stock is currently owned by institutional investors.

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.