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

Exelon (NASDAQ:EXC) had its target price dropped by analysts at Morgan Stanley from $56.00 to $55.00 in a research note issued to investors on Tuesday, Marketbeat Ratings reports. The firm presently has an “equal weight” rating on the stock. Morgan Stanley’s target price suggests a potential upside of 18.52% from the stock’s previous close.

Other analysts also recently issued research reports about the stock. Scotiabank lifted their target price on shares of Exelon from $46.00 to $47.00 and gave the company a “sector perform” rating in a report on Friday, February 13th. UBS Group raised their price target 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. JPMorgan Chase & Co. raised their price target on shares of Exelon from $48.00 to $53.00 and gave the company a “neutral” rating in a research report on Thursday, March 12th. Mizuho set a $48.00 price target on shares of Exelon and gave the company a “neutral” rating in a research report on Friday. Finally, Wells Fargo & Company set a $50.00 price target on shares of Exelon in a research report on Tuesday. Five analysts have rated the stock with a Buy rating, thirteen have assigned a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Hold” and an average target price of $50.44.

Exelon Price Performance

EXC traded up $0.01 on Tuesday, hitting $46.41. 2,982,601 shares of the company’s stock were exchanged, compared to its average volume of 8,570,496. The firm has a 50-day moving average price of $48.38 and a 200-day moving average price of $46.30. The stock has a market cap of $47.48 billion, a price-to-earnings ratio of 17.00, a P/E/G ratio of 2.73 and a beta of 0.41. 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 fifty-two week low of $41.71 and a fifty-two week high of $50.65.

Exelon (NASDAQ:EXC) last announced its quarterly earnings results on Thursday, February 12th. The company reported $0.59 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.55 by $0.04. Exelon had a net margin of 11.41% and a return on equity of 9.97%. Exelon’s revenue was down 1.1% compared to the same quarter last year. During the same quarter in the prior year, the company posted $0.64 earnings per share. Exelon has set its FY 2026 guidance at 2.810-2.910 EPS. As a group, equities analysts anticipate that Exelon will post 2.86 earnings per share for the current year.

Institutional Inflows and Outflows

A number of institutional investors have recently bought and sold shares of EXC. Optima Capital LLC acquired a new position in Exelon in the fourth quarter valued at $25,000. Motiv8 Investments LLC acquired a new position in Exelon in the fourth quarter valued at $25,000. LRI Investments LLC increased its stake in Exelon by 210.8% in the third quarter. LRI Investments LLC now owns 578 shares of the company’s stock valued at $26,000 after purchasing an additional 392 shares during the period. Beacon Financial Strategies CORP acquired a new position in Exelon in the fourth quarter valued at $26,000. Finally, Leonteq Securities AG acquired a new position in Exelon in the fourth quarter valued at $26,000. 80.92% of the stock is currently owned by institutional investors and hedge funds.

About Exelon

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.