The recent updates reflect positively on Exelon Corporation (NASDAQ:EXC). There's a speculation of the stock being undervalued by 25% to 43%. EXC has strong institutional backing, with reports suggesting a high institutional ownership of between 84% and 86%. Analysis predict that Exelon could be a top momentum stock and a solid defensive investment in turbulent markets.
Furthermore, EXC has seen a bullish price target adjustment from Argus Research and UBS. Financial experts consider it one of the best electric utility and infrastructure stocks to buy. The corporation reported strong financial performance over quarter four in 2024 with Earnings Per Share (EPS) at $0.71, and the revenue surged to $6. The report also revealed Exelon's plan to boost capital expenditure by $3.5 billion, mainly to enhance power lines.
Exelon's Q4 Earnings and revenues surpassed estimates, and the stock price soared to a 52-week high, reaching $41.88. Looking ahead, Exelon plans to invest $38 billion in infrastructure, which positions the company well for future growth. Recent changes in executive leadership and new appointments to the corporate board have also been announced.
Exelon Corporation EXC News Analytics from Tue, 27 Aug 2024 07:00:00 GMT to Sat, 29 Mar 2025 14:42:34 GMT - Rating 8 - Innovation 6 - Information 9 - Rumor -2
