Exelon Corporation (EXC) earnings on May 6, 2026

Before the market opens Q1 2026

More Exelon Corporation earnings

Prior outlook: Pessimistic Outcome: Accurate

Exelon's stock price declined despite beating earnings expectations. The shares fell by the end of the day, showing a negative reaction contrary to the good financial results.

EXC price around the earnings

45.02

Change: -2.5%

2026-05-06, 20:00 UTC

Start of the measured window End of the measured window
45.02 45.63 46.23 46.84 46.18
Price series around the eventClosing price per minute from before the event to the end of the measured window.
May 6, 2026
  • Price: green if it ends above the starting price; red if it ends below
  • Start of the measured window
  • End of the measured window
  • Market open
  • Starting price
Price series around the event

Prior thesis

Prior outlook: Pessimistic Outcome: Accurate

Thesis published

The stock is weak, but an earnings beat may spark a bounce.

Despite beating earnings and sales expectations and reaffirming its outlook, the stock has significantly underperformed the market. This recent weakness creates a scenario for a potential bounce.

Context analyzed before publication

Summary
Weak stock, but an earnings beat may lead to an optimistic scenario.
Reasoning
Despite beating earnings and sales expectations and reaffirming its outlook, the stock has significantly underperformed the market. This recent weakness creates a potentially optimistic scenario.
Playbook
While the company met expectations and affirmed its guidance, its recent underperformance suggests caution. The scenario warrants monitoring for signs of improving relative strength.
Trend
Severe underperformance, but an earnings beat creates an optimistic scenario.

Analysts

Evidence

Analyst consensus
Hold
Consensus average (1-5)
2.82
Analysts covering the stock
18
Average price target
50.22
Lowest price target
43
Highest price target
58
Upside to price target
10.2%
Quarterly earnings growth
-8.2%
Revenue growth
-1.1%
Forward EPS
3.04
Trailing EPS
2.73
Analyst moves in the last 60 days
10
  • Strong buy: 0
  • Buy: 4
  • Hold: 16
  • Sell: 2
  • Strong sell: 0
Strong buy
0
Buy
4
Hold
16
Sell
2
Strong sell
0
  • April 21, 2026 · Morgan Stanley: Maintains rating (Equal-Weight → Equal-Weight)
  • April 21, 2026 · Keybanc: Maintains rating (Underweight → Underweight)
  • April 21, 2026 · Truist Securities: Initiates coverage (Hold)
  • April 20, 2026 · Jefferies: Downgrades rating (Buy → Hold)
  • April 20, 2026 · RBC Capital: Maintains rating (Sector Perform → Sector Perform)
  • April 17, 2026 · Barclays: Downgrades rating (Overweight → Equal-Weight)
  • April 17, 2026 · BMO Capital: Downgrades rating (Outperform → Market Perform)
  • April 2, 2026 · BMO Capital: Maintains rating (Outperform → Outperform)
  • March 26, 2026 · Citigroup: Initiates coverage (Buy)
  • March 12, 2026 · JP Morgan: Maintains rating (Neutral → Neutral)

News and sentiment

Drivers

  • News & sentiment Positive

    The company exceeded expectations for both earnings and sales in the first quarter. Its financial outlook for the full year was also maintained.

Evidence

Sentiment
Sentiment
Constructive
Mention volume
Low
Normalized volume
33%
News
Sources (9)
  • Exelon Affirms FY2026 Adj EPS Guidance of $2.81-$2.91 vs $2.86 Est — Benzinga
  • Exelon Q1 Adj. EPS $0.91 Beats $0.89 Estimate, Sales $7.242B Beat $6.930B Estimate — Benzinga
  • Morgan Stanley Maintains Equal-Weight on Exelon, Lowers Price Target to $55 — Benzinga
  • Keybanc Maintains Underweight on Exelon, Lowers Price Target to $43 — Benzinga
  • Truist Securities Initiates Coverage On Exelon with Hold Rating, Announces Price Target of $50 — Benzinga
  • RBC Capital Maintains Sector Perform on Exelon, Lowers Price Target to $48 — Benzinga
  • Barclays Downgrades Exelon to Equal-Weight, Lowers Price Target to $49 — Benzinga
  • BMO Capital Downgrades Exelon to Market Perform, Lowers Price Target to $49 — Benzinga
  • PECO Energy Files Petition To Withdraw Electric And Gas Rate Cases In Pennsylvania; Exelon To Delay Capital Projects And Implement Operational Efficiencies; Exelon Reaffirms 2026 Adj Operating Earnings Guidance Of $2.81-$2.91 Per Share; Exelon Expects 2025-2029 Adj Operating Earnings Growth Near Top End Of 5%-7% Range — Benzinga

Technicals

Drivers

  • Technical Negative

    The stock's recent price movement shows a clear downtrend over the last 14 and 30 days.

Evidence

Average true range (ATR)
2.1%
Distance to 52-week high
-10.0%
14-day change (14d)
-3.0%
30-day change
-4.3%
30-day relative strength
-16.3%
Benchmark change
+12.0%
Nearest support
45.54
Nearest resistance
50.09
Volume accumulation ratio
1.04

Trends

Evidence

Average earnings surprise
+6.9%
  • May 6, 2026: actual EPS 0.91 vs estimate 0.88 (surprise +2.9%)
  • February 12, 2026: actual EPS 0.59 vs estimate 0.55 (surprise +8.0%)
  • November 4, 2025: actual EPS 0.86 vs estimate 0.78 (surprise +10.5%)
  • July 31, 2025: actual EPS 0.39 vs estimate 0.37 (surprise +6.1%)

Expected move

Drivers

  • Past earnings Positive

    The company has a history of meeting or exceeding earnings expectations in most of its past reports.

There is no implied-move data available for this event.

Reactions over its last 19 earnings

Median move
1.3%
75th percentile move
2.8%
90th percentile move
3.6%
Up / down moves
13 / 6
Average up move
+1.8%
Average down move
-1.4%

Monitoring and close

What Exelon Corporation reported

There is no monitoring data available for this event.

Pre-market second reading after the results

There is no second reading available for this event.

How the stock reacted

Outcome
Accurate
Consolidated
-2.5%
Max favorable move (MFE)
2.6%
Max adverse move (MAE)
1.5%