Exelon Corporation (NASDAQ: EXC) is a leading utility services holding company that operates one of the largest energy delivery systems in the United States. Headquartered in Chicago, Illinois, the company generates, transmits, and distributes electricity and natural gas through its subsidiaries, serving millions of customers across multiple states.
Key Takeaways:
- Exelon Corporation is a well-established energy company with a diverse portfolio of energy generation and distribution assets.
- The stock price forecast takes into account industry trends, market dynamics, and the company’s strategic initiatives.
- The projected stock prices demonstrate a steady growth trajectory, with potential for significant gains over the long term.
- Investors should consider Exelon’s stock as a viable option for their portfolios, particularly for those seeking exposure to the energy sector.
Overview of Exelon Corporation
Exelon Corporation is a Fortune 250 company and one of the largest energy providers in the United States. The company was formed in 2000 through the merger of PECO Energy Company and Unicom Corporation, creating a powerhouse in the energy industry. With a diverse portfolio of energy generation and distribution assets, Exelon serves 10.5 millions of customers through six fully regulated transmission and distribution utilities.
Exelon Corporation Profile
| Country | United States and Canada |
| Ticker Symbol | EXC |
| Exchange | NASDAQ |
| Founded | 2000 |
| IPO Date | 1980 |
| Industry | Utility Services |
| Sector | Utilities |
| Employees | 20,000 |
| CEO | Calvin G. Butler Jr. |
| Market Cap (June 18, 2024) | $35.17 billion |
| Website | exeloncorp |
Exelon Corporation (EXC) Balance Sheet Analysis
Exelon Corporation reported a robust financial position in its 2023 balance sheet. As of December 31, 2023, the company’s total assets stood at $101.5 billion, while its total liabilities, including minority interests, amounted to $75.8 billion, indicating a manageable debt level.
The company’s total equity, including minority interests, reached $25.8 billion, reflecting Exelon’s strong financial position. Its total capitalization, encompassing both debt and equity, stood at $65.8 billion, demonstrating the company’s ability to finance its operations and future growth initiatives.
Exelon’s common stock equity, a measure of its net worth, was $25.8 billion, providing a solid foundation for shareholders. The company’s net tangible assets, excluding intangible assets, were valued at $19.1 billion, highlighting its substantial physical asset base.
Exelon’s total debt amounted to $44.0 billion, with net debt of $43.6 billion, reflecting its ability to manage financial obligations effectively. Overall, the company’s 2023 balance sheet demonstrates a strong financial position, positioning it for future growth and success in the energy sector.
Balance Sheet Data Source: finance.yahoo
Exelon Stock Price History
Exelon Corporation (NASDAQ: EXC) had its IPO in the year 1980. In 2004 and 2022, Exelon Corporation (EXC) underwent stock splits, signifying growth. The 2004 split doubled shares, while the 2022 split increased them by 40%. Cumulatively, one pre-2004 share equals 2.804 shares today.1
As of June 17, 2024, the stock stands at $35.17.
Exelon Stock Price Forecast 2024
In 2024, we anticipate Exelon’s stock price to range between $36.00 and $41.00, with an average price of $38.50. This represents a growth of approximately 9.5% compared to the current price of $35.17 (as of June 17, 2024). The projected growth is supported by the company’s ongoing initiatives in renewable energy and its commitment to sustainable operations.
| Year | Low Price | Average Price | High Price |
|---|---|---|---|
| 2024 | $26.00 | $38.50 | $41.00 |
Exelon Stock Price Forecast 2025
For 2025, our forecast suggests a low price of $39.00, an average price of $42.00, and a high price of $45.00. This represents a growth rate of approximately 9.1% compared to the previous year. The growth can be attributed to Exelon’s continued focus on expanding its renewable energy portfolio and the anticipated increase in demand for clean energy sources.
| Year | Low Price | Average Price | High Price |
|---|---|---|---|
| 2025 | $39.00 | $42.00 | $45.00 |
Exelon Stock Price Forecast 2026
In 2026, we expect Exelon’s stock price to range between $42.50 and $49.50, with an average price of $46.00. This projection reflects a growth rate of approximately 9.5% compared to 2025. The growth is driven by the company’s strategic investments in emerging technologies, such as energy storage and smart grid solutions, which position Exelon as a leader in the rapidly evolving energy landscape.
| Year | Low Price | Average Price | High Price |
|---|---|---|---|
| 2026 | $42.50 | $46.00 | $49.50 |
Exelon Stock Price Forecast 2027
For the year 2027, our forecast indicates a low price of $46.50, an average price of $50.50, and a high price of $54.50. This represents a growth rate of approximately 9.8% compared to the previous year. The growth can be attributed to Exelon’s continued efforts in expanding its customer base, improving operational efficiency, and capitalizing on favorable market conditions.
| Year | Low Price | Average Price | High Price |
|---|---|---|---|
| 2027 | $46.50 | $50.50 | $54.50 |
Exelon Stock Price Forecast 2028
In 2028, we anticipate Exelon’s stock price to range between $51.00 and $60.00, with an average price of $55.50. This projection reflects a growth rate of approximately 9.9% compared to 2027. The growth is supported by the company’s strategic acquisitions and partnerships, which strengthen its position in the energy market and provide new revenue streams.
| Year | Low Price | Average Price | High Price |
|---|---|---|---|
| 2028 | $51.00 | $55.50 | $60.00 |
Exelon Stock Price Forecast 2029
For the year 2029, our forecast suggests a low price of $56.00, an average price of $61.00, and a high price of $66.00. This represents a growth rate of approximately 9.9% compared to the previous year. The growth can be attributed to Exelon’s continued focus on innovation, research and development, and its ability to adapt to changing consumer preferences and regulatory environment.
| Year | Low Price | Average Price | High Price |
|---|---|---|---|
| 2029 | $56.00 | $61.00 | $66.00 |
Exelon Stock Price Forecast 2030
In 2030, we expect Exelon’s stock price to range between $61.50 and $72.50, with an average price of $67.00. This projection reflects a growth rate of approximately 9.8% compared to 2029. The growth is driven by the company’s commitment to sustainability, its investments in renewable energy sources, and its efforts to reduce its carbon footprint.
| Year | Low Price | Average Price | High Price |
|---|---|---|---|
| 2030 | $61.50 | $67.00 | $72.50 |
Related: PG&E Corporation (PCG) Stock Forecast & Price Prediction
Exelon Stock Price Forecast 2031
For the year 2031, our forecast indicates a low price of $67.50, an average price of $73.50, and a high price of $79.50. This represents a growth rate of approximately 9.7% compared to the previous year. The growth can be attributed to Exelon’s strong financial performance, efficient cost management strategies, and its ability to capitalize on emerging market opportunities.
| Year | Low Price | Average Price | High Price |
|---|---|---|---|
| 2031 | $67.50 | $73.50 | $79.50 |
Exelon Stock Price Forecast 2032
In 2032, we anticipate Exelon’s stock price to range between $74.00 and $87.00, with an average price of $80.50. This projection reflects a growth rate of approximately 9.5% compared to 2031. The growth is supported by the company’s ongoing investments in advanced energy technologies, such as hydrogen and carbon capture, which position Exelon as a leader in sustainable energy solutions.
| Year | Low Price | Average Price | High Price |
|---|---|---|---|
| 2032 | $74.00 | $80.50 | $87.00 |
Exelon Stock Price Forecast 2033
For the year 2033, our forecast suggests a low price of $81.00, an average price of $88.00, and a high price of $95.00. This represents a growth rate of approximately 9.3% compared to the previous year. The growth can be attributed to Exelon’s strategic partnerships and collaborations, which enable the company to expand its reach and tap into new markets.
| Year | Low Price | Average Price | High Price |
|---|---|---|---|
| 2033 | $81.00 | $88.00 | $95.00 |
Exelon Stock Price Forecast 2034
In 2034, we expect Exelon’s stock price to range between $88.50 and $103.50, with an average price of $96.00. This projection reflects a growth rate of approximately 9.1% compared to 2033. The growth is driven by the company’s focus on customer satisfaction, improved operational efficiency, and continued investments in sustainable energy solutions.
| Year | Low Price | Average Price | High Price |
|---|---|---|---|
| 2034 | $88.50 | $96.00 | $103.50 |
Exelon Stock Price Forecast 2035
For the year 2035, our forecast indicates a low price of $96.50, an average price of $104.50, and a high price of $112.50. This represents a growth rate of approximately 8.9% compared to the previous year. The growth can be attributed to Exelon’s continued efforts in diversifying its energy mix, including the integration of emerging technologies such as battery storage and microgrids, which enhance grid reliability and efficiency.
| Year | Low Price | Average Price | High Price |
|---|---|---|---|
| 2035 | $96.50 | $104.50 | $112.50 |
Exelon Stock Price Forecast 2036
In 2036, we anticipate Exelon’s stock price to range between $105.00 and $122.00, with an average price of $113.50. This projection reflects a growth rate of approximately 8.6% compared to 2035. The growth is supported by the company’s proactive approach to regulatory changes and its ability to adapt to evolving market dynamics, ensuring sustained profitability and shareholder value.
| Year | Low Price | Average Price | High Price |
|---|---|---|---|
| 2036 | $105.00 | $113.50 | $122.00 |
Exelon Stock Price Forecast 2037
For the year 2037, our forecast suggests a low price of $114.00, an average price of $123.00, and a high price of $132.00. This represents a growth rate of approximately 8.4% compared to the previous year. The growth can be attributed to Exelon’s strategic acquisitions and expansions into new geographic markets, further diversifying its revenue streams and strengthening its position as a leading energy provider.
| Year | Low Price | Average Price | High Price |
|---|---|---|---|
| 2037 | $114.00 | $123.00 | $132.00 |
Exelon Stock Price Forecast 2038
In 2038, we expect Exelon’s stock price to range between $123.50 and $142.50, with an average price of $133.00. This projection reflects a growth rate of approximately 8.1% compared to 2037. The growth is driven by the company’s commitment to innovation and the development of cutting-edge technologies, such as advanced nuclear reactors and fusion energy, positioning Exelon as a pioneer in the energy industry.
| Year | Low Price | Average Price | High Price |
|---|---|---|---|
| 2038 | $123.50 | $133.00 | $142.50 |
Exelon Stock Price Forecast 2039
For the year 2039, our forecast indicates a low price of $133.50, an average price of $143.50, and a high price of $153.50. This represents a growth rate of approximately 7.9% compared to the previous year. The growth can be attributed to Exelon’s focus on sustainability and its efforts to reduce its environmental impact, aligning with consumer preferences and regulatory requirements for clean energy solutions.
| Year | Low Price | Average Price | High Price |
|---|---|---|---|
| 2039 | $133.50 | $143.50 | $153.50 |
Exelon Stock Price Forecast 2040
In 2040, we anticipate Exelon’s stock price to range between $144.00 and $165.00, with an average price of $154.50. This projection reflects a growth rate of approximately 7.7% compared to 2039. The growth is supported by the company’s strong financial performance, efficient cost management strategies, and its ability to capitalize on emerging market opportunities in the energy sector.
| Year | Low Price | Average Price | High Price |
|---|---|---|---|
| 2040 | $144.00 | $154.50 | $165.00 |
Exelon Stock Price Forecast 2050
For the year 2050, our forecast suggests a low price of $770.00, an average price of $870.00, and a high price of $970.00. This represents a substantial growth rate, with a compound annual growth rate (CAGR) of approximately 11.9% from 2040 to 2050. The significant growth can be attributed to Exelon’s leadership in the transition towards a sustainable energy future, its pioneering efforts in renewable energy technologies, and its strategic positioning to meet the increasing global demand for clean and reliable energy sources.
| Year | Low Price | Average Price | High Price |
|---|---|---|---|
| 2050 | $770.00 | $870.00 | $970.00 |
Conclusion
Corporation’s stock price forecast demonstrates the company’s potential for sustained growth and strong performance over the next several decades. With a diverse portfolio of energy generation and distribution assets, coupled with a commitment to innovation and sustainability, Exelon is well-positioned to capitalize on the growing demand for clean energy solutions. Investors seeking long-term growth opportunities in the energy sector should consider Exelon’s stock as a viable option, as the company continues to solidify its position as a leader in the industry.
FAQs
1. What is the future of EXC share price?
Based on our analysis, the future of Exelon Corporation’s (EXC) share price looks very promising. Our forecast projects a steady and substantial growth trajectory over the next several decades, with the stock price reaching an average of $870.00 by 2050. This significant growth is driven by various factors, including the company’s focus on renewable energy sources, investments in emerging technologies, strategic acquisitions and partnerships, commitment to sustainability, and the increasing global demand for clean and reliable energy solutions.
2. What is the EXC share prediction for 2030?
According to our forecast, the EXC share price is expected to range between $61.50 and $72.50 in 2030, with an average price of $67.00. This projection reflects a growth rate of approximately 9.8% compared to 2029. The growth is driven by the company’s commitment to sustainability, its investments in renewable energy sources, and its efforts to reduce its carbon footprint.
3. What is the EXC 10-year outlook?
Over the next 10 years, from 2024 to 2034, our forecast suggests that Exelon Corporation’s stock price will experience consistent growth. By 2034, we expect the stock price to range between $88.50 and $103.50, with an average price of $96.00. This represents a substantial increase from the current price of $35.17 (as of June 17, 2024), reflecting the company’s strong fundamentals and strategic initiatives.
4. Is EXC a buy, hold, or sell?
Based on our comprehensive analysis and the projected growth in Exelon Corporation’s stock price, we recommend considering EXC as a “buy” for investors seeking long-term growth opportunities in the energy sector. The company’s diverse portfolio, commitment to innovation and sustainability, and its ability to adapt to changing market conditions make it an attractive investment option.
5. Who are the major competitors of EXC?
Exelon Corporation operates in a highly competitive energy industry and faces competition from various companies. Some of the major competitors of Exelon include:
- Duke Energy Corporation
- NextEra Energy, Inc.
- Dominion Energy, Inc.
- Southern Company
- American Electric Power Company, Inc.
- Sempra Energy
- Consolidated Edison, Inc.
- Xcel Energy Inc.
- FirstEnergy Corp.
- Public Service Enterprise Group Inc.
These companies are also major players in the utility and power generation sectors, offering a range of energy solutions and competing with Exelon in various markets and regions.
Disclaimer:
The stock price predictions provided herein are based on historical data, current market trends, and analysis. However, past performance does not guarantee future results. Stock markets are inherently volatile and subject to numerous economic, political, and market factors that can cause rapid and unpredictable fluctuations in stock prices. The information provided is for educational and informational purposes only and should not be construed as financial advice. It is strongly recommended that you consult with a qualified financial advisor before making any investment decisions. Invest responsibly and consider your individual financial situation, risk tolerance, and investment objectives before acting on any information provided.
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