EXC - Exelon Corporation
Price:
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CONSENSUS:
Hold
DETAILS
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PRICE TARGET:
$48.63
DETAILS
HIGH:
$55.00
LOW:
$41.00
MEDIAN:
$48.50
CONSENSUS:
$48.63
UPSIDE:
10.70%
AlphaVal
Deterministic, archetype-aware fair value
Stable Earnings Power
85% confidence
Primary model: P/Adj-EPS × Normalized Multiple
Adjust Assumptions
16.0x
2.74$
Key Value Driver
Normalized P/E multiple (16x base case)
Implied Market Multiple
16.0x
Plain-Language Summary
Applying a 16x P/E to adjusted EPS of $2.74, the base-case value is $43.84 per share. DDM cross-check: $38.47.
Analyst Consensus (External Reference)
Never blended into the bear/base/bull estimates above -- shown only as an outside comparison.
Average Target (37 analysts)
$48.63
Analyst Range
$41.00 – $55.00
Divergence from AlphaVal
10%
Key Risks
- Growth DCF inappropriate — terminal value assumptions dominate
- EV/EBITDA misleading for regulated businesses where capex is mandated
- Regulatory risk is a fat tail not visible in normal multiples