EXC

Nasdaq

EXELON CORP

Utilities, Electric Utilities

$45.61

close 7 Aug 2026

+2.01%

52-week change

$46.66B

market cap

$42.58

$50.65

52-week range

Expected price

$43.11 – $52.69

Current price

$45.61

Signal

Appears fairly valued

A historical-multiple reference, never a fair-value claim. The band uses only data public at each date and ends at the latest month — no forward estimates.

Current multiples

P/E (TTM)16.71x

P/S (TTM)1.88x

P/B1.59x

EV/EBITDA (TTM)10.79x

FCF yield (TTM)-4.64%

PEG (TTM, GAAP)1.76

Context

P/E, own 5-year average20.36x

P/E, sector median21.33x*

Price at 5-year median P/E$48.45*

Indicated dividend yield3.68%

Forward — analyst consensus

Forward P/E (FY2026)15.98x*

Forward P/E (FY2027)15.04x

Forward PEG2.55*

Consensus EPS FY2026 (19 analysts)$2.85

EPS growth (FY2026→FY2027)6.27%

Revenue growth (FY2026)4.53%

Street view

Price target (mean)$49.44*

Target upside8.41%

Ratings (buy / hold / sell)4 / 16 / 2

FY2026 EPS revisions, 30d (up / down)3 / 2

5-year history

Dashed line: average of month-end values

P/E (TTM)

P/S (TTM)

P/B

FCF yield (TTM)

Dividend yield

period to 31 Mar 2026, filed 6 May 2026, close 7 Aug 2026

Discounted cash flow

Ten projected years plus a perpetuity, prefilled from filings — a model to argue with, never a fair-value claim.

Free cash flow, last ten years and TTM

Assumptions

Growth rate, years 1–10%

Perpetual growth%Discount rate%

Base FCF$M

As filed — not assumptions

Current price$45.61

Cash & equivalents$713.00M

Total debt$50.19B

Shares outstanding1.02B

Result

DCF price per share-$96.26

Current price$45.61

Margin of safety-311.05%

PV of years 1–10-$18.59B

PV of terminal value-$30.41B

Equity value-$98.47B

Market-implied growth—

The base free cash flow is not positive; growing a negative flow is rarely a meaningful valuation.

Projected FCF, years 1–10

Hover for PV and growth

Projection detail

Override growth for any year; blank years use the uniform rate

Year	2026	2027	2028	2029	2030	2031	2032	2033	2034	2035	Terminal
Growth, %											2.5
FCF	-$2.27B	-$2.38B	-$2.50B	-$2.63B	-$2.76B	-$2.90B	-$3.04B	-$3.20B	-$3.36B	-$3.52B	-$65.66B
PV	-$2.10B	-$2.04B	-$1.99B	-$1.93B	-$1.88B	-$1.83B	-$1.78B	-$1.73B	-$1.68B	-$1.63B	-$30.41B

period to 31 Mar 2026, filed 6 May 2026, close 7 Aug 2026