Exelon Stock Faces Analyst 'Hold' Rating Amid Reduced Data Center Pipeline
Exelon Corporation (EXC), a major U.S. energy provider with nearly $47 billion in market capitalization, has seen its stock underperform the broader S&P 500 and utility sector ETFs over the past year. On July 30, shares fell by 3.1% after Exelon revised down its data center pipeline projections from 18 GW to 11 GW for high-probability projects and reduced total future capacity through 2027. The company cited consumer resistance to new developments due to concerns over higher utility bills as a reason behind the cutbacks. Despite this, Exelon maintained its $41 billion five-year capital plan and reaffirmed fiscal year 2026 EPS guidance of between $2.81 and $2.91. Analysts remain cautious with a consensus 'Hold' rating based on four
Topics: capital planning data centers energy