JPMorgan Raises Exelon Price Target to $53

Analysts boost outlook for electric utility company

Mar. 12, 2026 at 7:03pm

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JPMorgan Chase & Co. increased their price target on Exelon (NASDAQ:EXC) from $48.00 to $53.00 and maintained a "neutral" rating on the stock. The firm cited the company's strong financial performance and growth potential in its report.

Why it matters

Exelon is a major electric utility company that serves millions of customers across the Midwest and Mid-Atlantic regions. The price target increase signals that analysts see further upside potential in the stock, which could be positive news for investors.

The details

In its report, JPMorgan Chase & Co. noted Exelon's solid financial results and growth outlook as reasons for the price target increase. The firm currently has a "neutral" rating on the stock, suggesting it believes the shares are fairly valued at current levels.

  • The price target increase was issued on March 12, 2026.

The players

JPMorgan Chase & Co.

A major global investment bank and financial services company.

Exelon

A large electric utility company that serves customers in Illinois, Pennsylvania, Maryland, and other Mid-Atlantic and Midwest states.

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What they’re saying

“We must not let individuals continue to damage private property in San Francisco.”

— Robert Jenkins, San Francisco resident (San Francisco Chronicle)

The takeaway

The price target increase for Exelon suggests analysts see further upside potential in the stock, which could be positive news for investors in the electric utility company.