EXC

Over the past six months, Exelon's stock price has experienced a decline, trading near its 52-week low of $39.73, down from a 52-week high of $50.65 set in March 2026. The stock price as of September 30, 2026, was $40.40, representing a decline of 10.34% from October 1, 2025. Key events impacting the stock include a Q2 2026 earnings miss, which led to a pullback in shares, followed by analyst price target cuts from Argus and Morgan Stanley. Regulatory concerns arose when PECO, an Exelon subsidiary, withdrew its electric and gas rate cases in Pennsylvania, creating uncertainty around near-term cost recovery. Broader market pressure on utilities, as rate-sensitive stocks, has also been observed due to surging Treasury yields. Despite these pressures, positive long-term outlooks include the Federal Energy Regulatory Commission (FERC) extending the PJM capacity price collar through May 2030, supporting long-term revenue, and growing electricity demand from data centers and broader electrification trends acting as meaningful demand drivers and growth catalysts for the sector.