Zacks Investment Research·2d ago
Exelon (EXC) Upgraded to Buy: Here's WhyExelon (EXC) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #2 (Buy).
Exelon's revenue has grown 9.2% year over year to $7.3B in 2026Q3 as rate base expansion carries the top line, with net PP&E rising from $75.6B to $88.6B since 2024Q2.
Price trend, volume and key moving averages
Start with the evidence for owning the stock and the risks that can break the thesis.
Revenue growth of 9.2% to $7.3B in 2026Q3 is accompanied by operating margins swinging between 16.4% and 22.4%, a range that may indicate regulatory lag is a material driver of reported profitability.
Exelon’s revenue rose 5.3% year‑over‑year to $24.3 billion, while net income climbed 13% and gross profit increased 11%. These gains demonstrate robust top‑line expansion and cost control in a regulated environment.
The company maintains a 21.2% operating margin and an 11.4% net profit margin, indicating efficient management of operating expenses and a healthy profitability profile relative to peers.
In Q4 2025, Exelon reported an EPS of $0.59 versus analyst expectations of $0.53, an 11.32% beat. This earnings outperformance signals strong cash flow generation and potential upside for investors.
Trailing total returns as of 11/7/2026, which may include dividends or other distributions. Benchmark is S&P 500 (^GSPC).
Check whether operating performance supports the current valuation.
Recent results and news deserve attention only when they alter the forward view.
| Quarter | EPS (Act vs Est) | Revenue (Act vs Est) |
|---|---|---|
Q4 2026Latest Oct 30, 2026 | $0.87+10.4% vs $0.79 | $7.3B+8.3% vs $6.8B |
Q3 2026 Jul 30, 2026 | $0.43-1.3% vs $0.44 | $6.0B+9.6% vs $5.4B |
Q2 2026 May 6, 2026 | $0.91+2.9% vs $0.88 | $7.2B+4.6% vs $6.9B |
Q1 2026 Feb 12, 2026 | $0.59+7.9% vs $0.55 | $5.4B+0.4% vs $5.4B |
Exelon (EXC) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #2 (Buy).
Investors interested in stocks from the Utility - Electric Power sector have probably already heard of Exelon (EXC) and OGE Energy (OGE). But which of these two stocks is more attractive to value investors?
WASHINGTON--(BUSINESS WIRE)--Exelon today filed a complaint with the Federal Energy Regulatory Commission (FERC) challenging PJM Interconnection LLC's current capacity auction schedule. The complaint calls for a targeted reform aimed at protecting customers from unreasonable costs while regional stakeholders continue to chart a path forward on holistic market reforms. PJM's capacity market is producing high prices without stimulating necessary investment at a time when customers are already fac.
The Treasury is paying more than any stock in this month's income basket, but the comparison gets complicated fast once you factor in taxes, timing, and what happens the moment inflation cools.
Benchmark EXC against direct peers instead of judging its metrics in isolation.
Key metrics vs top competitors for Exelon Corporation (EXC)
| Company | Price | Market Cap | P/E Ratio | Rev Growth (1Y) | Net Margin | ROE | Div Yield |
|---|---|---|---|---|---|---|---|
| $45.62 | $46.68B | 17.93 | 5.34% | 10.17% | 8.95% | 3.5% | |
| $127.78 | $99.62B | 18.49 | 6.19% | 15.94% | 9.63% | 3.32% | |
| $92.34 | $104.09B | 21.46 | 10.59% | 16% | 12.03% | 2.94% | |
| $68.60 | $60.34B | 22.35 | 14.16% | 13.94% | 8.01% | 3.88% | |
| $126.53 | $68.85B | 20.74 | 9.37% | 14.38% | 10.12% | 3.05% | |
| $12.97 | $34.76B | 9.58 | 2.11% | 12% | 9.14% | 0.77% |
Exelon Corporation (EXC) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.
Verify the primary filings, follow material updates, and answer the remaining questions.
Exelon Corporation (EXC) SEC filings — annual & quarterly reports (10-K, 10-Q)
Oct 30, 2026·SEC
Jul 30, 2026·SEC
May 6, 2026·SEC
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Exelon Corporation (EXC) stock FAQ — growth, dividends, profitability & financials explained
Exelon Corporation (EXC) reported $25.94B in revenue over the trailing twelve months. Revenue was $24.26B in fiscal year 2025. That is 466% more than the $4.28B of fiscal year 1996.
Exelon Corporation (EXC) grew revenue by 6.7% over the trailing twelve months, compared with the twelve months before.
Yes. Exelon Corporation (EXC) earned $2.64B in net income over the trailing twelve months (a 10.2% net margin).
Yes. Exelon Corporation (EXC) pays a dividend that yields 3.50% at the current price, a moderate yield.
Exelon Corporation (EXC) had a return on equity (ROE) of 8.9% over the trailing twelve months. That is below the market's typical 10-15%.
Exelon Corporation (EXC) had negative free cash flow of $2.58B over the trailing twelve months.
Exelon Corporation (EXC) has a dividend payout ratio of 58%. This suggests the dividend is well-covered and sustainable.
