Exelon (NASDAQ:EXC) Price Target Cut to $50.00 by Analysts at Morgan Stanley

Exelon (NASDAQ:EXC) had its target price decreased by equities research analysts at Morgan Stanley from $53.00 to $50.00 in a research report issued to clients and investors on Friday, Benzinga reports. The brokerage currently has an “equal weight” rating on the stock. Morgan Stanley’s target price would indicate a potential upside of 18.75% from the stock’s current price.

Several other research analysts also recently issued reports on EXC. Weiss Ratings downgraded shares of Exelon from a “buy (b)” rating to a “buy (b-)” rating in a research report on Thursday, July 9th. Truist Financial reduced their target price on shares of Exelon from $50.00 to $48.00 and set a “hold” rating for the company in a report on Thursday, August 13th. Four equities research analysts have rated the stock with a Buy rating, thirteen have given a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat, the company currently has a consensus rating of “Hold” and a consensus price target of $49.87.

Exelon Stock Down 1.3%

Shares of NASDAQ EXC traded down $0.54 during midday trading on Friday, hitting $42.10. 2,259,011 shares of the company’s stock were exchanged, compared to its average volume of 8,335,703. The company has a debt-to-equity ratio of 1.71, a current ratio of 1.09 and a quick ratio of 0.99. Exelon has a twelve month low of $42.09 and a twelve month high of $50.65. The company has a market cap of $43.46 billion, a PE ratio of 15.42, a P/E/G ratio of 2.32 and a beta of 0.30. The firm’s fifty day simple moving average is $45.07 and its 200-day simple moving average is $46.29.

Exelon (NASDAQ:EXC) last issued its quarterly earnings data on Thursday, July 30th. The company reported $0.43 earnings per share for the quarter, missing the consensus estimate of $0.44 by ($0.01). Exelon had a return on equity of 9.81% and a net margin of 10.99%.The company had revenue of $5.97 billion for the quarter, compared to analysts’ expectations of $5.44 billion. During the same quarter in the prior year, the firm posted $0.39 EPS. The firm’s quarterly revenue was up 10.0% compared to the same quarter last year. Exelon has set its FY 2026 guidance at 2.810-2.910 EPS. Research analysts predict that Exelon will post 2.86 EPS for the current fiscal year.

Institutional Trading of Exelon

A number of large investors have recently made changes to their positions in EXC. BlackRock Inc. purchased a new stake in shares of Exelon during the second quarter worth about $5,583,709,000. GQG Partners LLC acquired a new position in Exelon in the second quarter worth about $922,917,000. Capital International Investors acquired a new position in Exelon in the fourth quarter worth about $738,333,000. Norges Bank acquired a new position in shares of Exelon in the 4th quarter worth approximately $617,974,000. Finally, Legal & General Group Plc bought a new stake in Exelon during the second quarter valued at $602,760,000. Institutional investors and hedge funds own 80.92% of the company’s stock.

Exelon Company Profile

Exelon Corporation (NASDAQ: EXC) is a regulated utility company that delivers electricity and natural gas to residential, commercial and industrial customers. Its operations are focused primarily on the transmission and distribution of energy, along with related customer, infrastructure and energy-efficiency services.

Exelon operates through six utility companies: Atlantic City Electric, Baltimore Gas and Electric, Commonwealth Edison, Delmarva Power, PECO and Pepco. Together, these utilities serve customers across Illinois, Maryland, Delaware, New Jersey, Pennsylvania and the District of Columbia.

The company was formed in 2000 through the merger of PECO Energy and Unicom, the parent company of Commonwealth Edison.