Morgan Stanley Has Lowered Expectations for Exelon (NASDAQ:EXC) Stock Price

Key Points

• Morgan Stanley lowered Exelon’s price target from $53 to $50 while maintaining an “equal weight” rating, implying approximately 18.75% upside from the stock’s $42.10 price.
• Analyst sentiment remains cautious: Exelon has an overall “Hold” consensus rating and a $49.87 average price target, with 13 Holds, four Buys, and one Sell.
• Exelon’s latest quarterly earnings slightly missed estimates at $0.43 per share, although revenue rose 10% year over year to $5.97 billion; the company reaffirmed fiscal 2026 EPS guidance of $2.81–$2.91.

Exelon (NASDAQ:EXC - Get Free Report) had its target price dropped by investment analysts at Morgan Stanley from $53.00 to $50.00 in a report issued on Friday, Benzinga reports. The brokerage presently has an "equal weight" rating on the stock. Morgan Stanley's price target suggests a potential upside of 18.75% from the company's current price.

EXC has been the subject of a number of other research reports. Truist Financial reduced their target price on Exelon from $50.00 to $48.00 and set a "hold" rating for the company in a research note on Thursday, August 13th. Weiss Ratings downgraded Exelon from a "buy (b)" rating to a "buy (b-)" rating in a research note on Thursday, July 9th. Four analysts have rated the stock with a Buy rating, thirteen have given a Hold rating and one has issued a Sell rating to the company's stock. Based on data from MarketBeat, Exelon presently has an average 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 trading on Friday, reaching $42.10. The stock had a trading volume of 2,259,011 shares, compared to its average volume of 8,335,703. Exelon has a one year low of $42.09 and a one year high of $50.65. The company has a market capitalization of $43.46 billion, a P/E ratio of 15.42, a PEG ratio of 2.32 and a beta of 0.30. The company has a current ratio of 1.09, a quick ratio of 0.99 and a debt-to-equity ratio of 1.71. The firm's 50-day simple moving average is $45.07 and its 200 day simple moving average is $46.29.

Exelon (NASDAQ:EXC - Get Free Report) last issued its quarterly earnings results on Thursday, July 30th. The company reported $0.43 earnings per share for the quarter, missing analysts' consensus estimates of $0.44 by ($0.01). Exelon had a return on equity of 9.81% and a net margin of 10.99%.The business had revenue of $5.97 billion for the quarter, compared to analysts' expectations of $5.44 billion. During the same quarter in the previous year, the firm posted $0.39 EPS. Exelon's revenue was up 10.0% on a year-over-year basis. Exelon has set its FY 2026 guidance at 2.810-2.910 EPS. As a group, research analysts expect that Exelon will post 2.86 EPS for the current fiscal year.

Institutional Trading of Exelon

Several institutional investors have recently modified their holdings of the stock. Sequoia Financial Advisors LLC lifted its stake in Exelon by 6.2% in the 2nd quarter. Sequoia Financial Advisors LLC now owns 59,118 shares of the company's stock valued at $2,756,000 after buying an additional 3,462 shares in the last quarter. Tidal Investments LLC lifted its position in Exelon by 0.3% during the second quarter. Tidal Investments LLC now owns 70,360 shares of the company's stock worth $3,280,000 after buying an additional 243 shares in the last quarter. National Pension Service raised its holdings in shares of Exelon by 2.9% during the 2nd quarter. National Pension Service now owns 1,719,934 shares of the company's stock worth $80,183,000 after acquiring an additional 48,967 shares during the period. Cidel Asset Management Inc. raised its stake in Exelon by 5.5% during the second quarter. Cidel Asset Management Inc. now owns 11,312 shares of the company's stock worth $527,000 after purchasing an additional 592 shares during the period. Finally, NorthRock Partners LLC raised its position in shares of Exelon by 12.1% during the 2nd quarter. NorthRock Partners LLC now owns 7,320 shares of the company's stock valued at $341,000 after buying an additional 790 shares during the period. Institutional investors and hedge funds own 80.92% of the company's stock.

About Exelon

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.

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