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EXC

Exelon

NASDAQUtilitiesUtilities - Regulated ElectricSnapshot 2026-05-08

$43.91-1.13%
Close 2026-05-08 · 1-day change
The bottom line

As of May 8, 2026, EXC has a composite score of 23.0 and a signal label of "mild favorable." The management score improved significantly, rising by 9.3 points to 49.8. The overall confidence level is medium at 74.7, with notable drivers including macroeconomic factors such as rates, labor, inflation, and growth. This analysis is provisional.

Composite +23as of 2026-05-08

Price

Daily closes from AlphaVantage. Earnings/event dots are placed inline.

Close 2026-05-08
Daily closes. Scroll over the chart to zoom; click a range to reset.
EarningsMaterial event

Factor signals

Read top-to-bottom: thesis (is this a strong company over a 1–3 year hold), watch flags (has something changed worth re-reading), and position context (how violent might the path be). Each pill is a parallel diagnostic — never aggregated into a single score.

L1

Thesis

is this a strong company over a 1–3 year hold?
F1 · Recent financial performance
neutral
Mid-cohort
Why this rank
  • Direction share
    1.00
  • Slope (norm)
    -0.04
  • Bonus
    0.00
Operating income, last 4 quarters ($M)
11149271500778
F2 · Value
cheap
Cheapest 30% of utilities cohort
Why this rank
Price
$43.91
TTM EPS
$2.61
Earnings yield
5.9%
P/E (TTM)
16.8

Trailing four: 2024-Q3, 2025-Q1, 2025-Q2, 2025-Q3

F3 · Earnings quality
neutral
Mid-cohort cash conversion
Why this rank
TTM NI ($M)
2,460
TTM CFO ($M)
5,569
CFO/NI
2.26
L2

Watch

has something changed worth re-reading?
F4 · Management stability
Insufficient data
No score yet
Earnings setup · pre-print positioning
forward-looking
bearishEPS revised +3.1% / 30d, n=13for period ending 2026-06-30
Why this setup
Consensus revisions

EPS estimate $0.48 → $0.49 (+3.1% / 30d). 4 raised, 4 cut, 13 covering analysts.

Rating actions

0 upgrades, 3 downgrades / 30d, 3 maintained. 18% of analysts rate Buy.

Price target activity

8 PT revisions / 30d. Avg target 4.8% above current price.

Material events

0 positive, 1 negative / 30d. See F4 management tile for the event list.

F4 · Management deep-dive — recent events, stated priorities, guidance track record
1

Recent 8-K events

No recent events recorded.

2

Stated priorities

3 priorityies extracted from earnings transcripts (as of 2026-05-08).

  1. 1.Affirm full year 2026 EPS guidance of $2.81-$2.91growthbehind0% progress
    4/16: Exelon reaffirms its previously disclosed 2026 Adjusted (non-GAAP) operating earnings guidance range of $2.81-$2.91 per share.
    Why this status

    Stated in 3 of last 3 quarters. Exelon has consistently reaffirmed its 2026 EPS guidance range of $2.81-$2.91 per share. Despite an earnings miss event in 2026-Q1, the company maintains its guidance, indicating confidence in achieving these targets.

  2. 2.Project $41.7 billion CAPEX over next four yearscapital allocationmixed30% progress
    5/6: Projecting $41.7 billion of capital expenditures over the next four years.
    Why this status

    Newly stated in 2026-Q1. Exelon has announced a significant capital expenditure plan of $41.7 billion over the next four years. This strategic investment indicates a focus on growth and infrastructure development, although financials do not yet reflect the impact of this planned expenditure.

  3. 3.Achieve EPS growth near top end of 5-7% CAGRgrowthbehind0% progress
    5/6: Operating EPS compounded annual growth near top end of 5-7% from 2025 to 2029.
    Why this status

    Newly stated in 2026-Q1. Exelon targets EPS growth near the top end of 5-7% CAGR from 2025 to 2029. While this ambition is clear, the financials for 2025-Q4 show a net income of $1.02 billion, which is a decrease from $1.5 billion in 2025-Q3, indicating limited progress towards this growth target so far.

3

Guidance track record

Insufficient guidance history for this ticker.

L3

Position context

how violent might the path be while I hold it?
Risk profile · realized
backward-looking
moderateworst 12m loss −13%, typical day ±0.9%
Why this risk level

Recent vol — 30d annualized 18%; 252d 18%.

Drawdown — Max 1y −13%. Bad day move −2%.

Beta to sector ETF (XLU) 0.04 over 1y.

Liquidity — score 100/100.

Sub-scores — vol 70/100, drawdown 75/100, beta 4/100, earnings vol .

Sector regime
headwind-6.6%sector vs S&P 500, 60d

via XLU

Tailwind = sector leading the S&P 500; headwind = trailing. Both can be constructive — historically, headwind regimes have averaged stronger forward returns than tailwind.

AI cycle regime · market-wide
2-axis classifier
HeatingManiaSquallCrisisEarnings →Mood ↑
HeatingE +0.13 · M +0.71
Single-axisCHASEz +2.97+1.285d

Context label only — describes the market state (e.g. real bear vs narrative panic, healthy uptrend vs late-stage froth). It is not a per-ticker buy/sell signal and does not predict factor performance.

Not investment advice. As of 2026-05-08.

3

What changed

The most important moves since the prior daily snapshot.

  1. score change · management_score
    severity 23

    Management rose by 9.3 points (from 40.5 to 49.8).

As of 2026-05-08, the management score for EXC increased by 9.3 points, rising from 40.5 to 49.8. The signal label changed to "mild_favorable." The forward view indicates an unfavorable scenario if next-quarter guidance is cut, as noted in the trigger text, "If next-quarter guidance is cut (currently NEW as of 2026-05-06)." Additionally, there are unfavorable scenarios related to a potential reversal in rates and a weakening sector trend.

as of 2026-05-08

4

Management scorecard

How management runs the business — capital, margins, balance sheet, and how reliably they guide and deliver.

Composite49.8 / 100
Capital allocation20
Earnings discipline90
Margin discipline75
Balance sheet41
Guidance credibility
Post-call reaction46
as of 2026-05-08
4

What management is focused on

Priorities management has stated in recent disclosures, with status and evidence drawn from earnings calls, filings, and press releases.

  • #1

    Affirm full year 2026 EPS guidance of $2.81-$2.91

    Growth

    Exelon reaffirms its 2026 Adjusted (non-GAAP) operating earnings guidance range of $2.81-$2.91 per share.

    Behind

    Stated in 3 of last 3 quarters. Exelon has consistently reaffirmed its 2026 EPS guidance range of $2.81-$2.91 per share. Despite an earnings miss event in 2026-Q1, the company maintains its guidance, indicating confidence in achieving these targets.

    0%
    CEO/CFO:Exelon reaffirms its previously disclosed 2026 Adjusted (non-GAAP) operating earnings guidance range of $2.81-$2.91 per share.
    Multiple sourcesSource dated 2026-04-16Stated 2 of last 8 quartersFirst seen 2026-04-16
    Show history (2)
    • 2026-Q1Multiple sources

      Exelon reaffirms its previously disclosed 2026 Adjusted (non-GAAP) operating earnings guidance range of $2.81-$2.91 per share.

    • 2025-Q4Multiple sources

      Introducing full year 2026 Adjusted (non-GAAP) operating earnings guidance range of $2.81-$2.91 per share.

  • #2

    Project $41.7 billion CAPEX over next four years

    Capital allocationNew since 2026-05-06

    Exelon projects $41.7 billion of capital expenditures over the next four years.

    Mixed

    Newly stated in 2026-Q1. Exelon has announced a significant capital expenditure plan of $41.7 billion over the next four years. This strategic investment indicates a focus on growth and infrastructure development, although financials do not yet reflect the impact of this planned expenditure.

    30%
    CEO/CFO:Projecting $41.7 billion of capital expenditures over the next four years.
    Multiple sourcesSource dated 2026-05-06Stated 1 of last 8 quartersFirst seen 2026-05-06
    Show history (1)
    • 2026-Q1Multiple sources

      Projecting $41.7 billion of capital expenditures over the next four years.

  • #3

    Achieve EPS growth near top end of 5-7% CAGR

    GrowthNew since 2026-05-06

    Exelon aims for operating EPS compounded annual growth near the top end of 5-7% from 2025 to 2029.

    Behind

    Newly stated in 2026-Q1. Exelon targets EPS growth near the top end of 5-7% CAGR from 2025 to 2029. While this ambition is clear, the financials for 2025-Q4 show a net income of $1.02 billion, which is a decrease from $1.5 billion in 2025-Q3, indicating limited progress towards this growth target so far.

    0%
    CEO/CFO:Operating EPS compounded annual growth near top end of 5-7% from 2025 to 2029.
    Multiple sourcesSource dated 2026-05-06Stated 1 of last 8 quartersFirst seen 2026-05-06
    Show history (1)
    • 2026-Q1Multiple sources

      Operating EPS compounded annual growth near top end of 5-7% from 2025 to 2029.

as of 2026-05-08
5

How this stock is priced

Two ways to read price: against peers in the same business, and against the company's own history.

Compared to peers
86higher = cheaper

Looks cheaper than most peers in the same business.

Compared to its own history
86higher = cheaper

Cheaper than its own typical valuation.

P/E
16.1x
EV/EBITDA
3.8x
FCF yield
-4.8%

P/E over the last 5 years

71 monthly points
inexpensiveas of 2026-05-08
7

How this compares

A side-by-side read on composite, valuation, and risk versus peers.

StockCompositeValuationRisk
EXC
Exelon
+23inexpensivemoderate
NEE
NextEra Energy
+19fullmoderate
CEG
Constellation Energy
+16fullelevated
SO
Southern Company
+19fairmoderate
DUK
Duke Energy
+28inexpensivemoderate
8

Risk — how this stock moves

What a normal day looks like, what a bad day looks like, and the worst the last year has thrown at it.

A typical day
How much price usually moves either way.
0.9%
A bad day (95th %ile)
A rough but not unusual down day.
-1.8%
Worst 12-month loss
Deepest peak-to-trough drop in the last year.
-12.7%
Earnings-day move
How much price usually moves on earnings day.
moderateas of 2026-05-08
9

What could change this view

Conditional scenarios — if X happens, the score would shift by about Y points. These are not predictions.

Upside triggers
  • If utilities sector trend rises from -0.04 into 'improving' (>= +0.20)+5.0 pts
  • If next-quarter guidance is raised (currently NEW as of 2026-05-06)+4.0 pts
Downside triggers
  • If next-quarter guidance is cut (currently NEW as of 2026-05-06)-8.0 pts
  • If rates state reverses from -0.37 (negative) to +0.37 (positive)-7.3 pts
  • If utilities sector trend falls from -0.04 into 'weakening' (<= -0.20)-5.0 pts
10

Material updates

Recent SEC 8-K filings ranked by likely impact, confidence, and recency.

  1. 2026-05-063d agoItem 2.02

    Results of Operations and Financial Condition.

    earnings preannouncementnegativescore 74
11

Score history

The composite score, snapshot by snapshot. The dotted line at zero separates leaning-positive from leaning-negative.

60 snapshots
Data freshness · As of 2026-05-08 · Macro 2026-05-08 · Sector 2026-05-07 · Fundamentals 2026-02-12 · Price 2026-05-07 · Generated 2026-05-08 · Spec 2.3

Not investment advice. Scores describe historical and current data; they are not forecasts of future returns. Consult a licensed advisor before making investment decisions.