Top 10 Utility Stocks to Buy Now

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6. Exelon Corporation (NASDAQ:EXC)

Stock Upside Potential: 8.48%

Number of Hedge Fund Holders: 45

Exelon Corporation (NASDAQ:EXC) is one of the top utility stocks to buy now. On March 26, analysts at Argus reiterated their Buy rating on Exelon Corp (NASDAQ:EXC) and raised the price target to $52 from $48. The positive stance comes on the heels of the company delivering solid fourth quarter 2025 and projecting robust growth.

Adjusted earnings in the fourth quarter were $0.59 per share, beating consensus estimates of $0.54 a share. Full-year net income increased to $2.73 a share from $2.45 a share in 2024. The higher utility earnings were driven by distribution rates at PECO and BGE. The company has already received rate increases for two electric utilities and two gas utilities. Argus expects regulatory impacts to continue driving results in 2026.

Backed by a $41.3 billion four-year capital plan and 7.9% rate base growth, Exelon Corp remains well positioned to deliver annual earnings growth at the top end of 5% to 7%. The growth would come as the company increasingly modernizes energy infrastructure while also providing reliable and resilient service.

Exelon Corporation (NASDAQ:EXC) is a premier U.S. utility company that generates, transmits, and delivers electricity and natural gas. It operates the largest regulated utility portfolio in the country, focusing on grid modernization, renewable energy, and clean energy solutions, with a significant emphasis on nuclear power.

While we acknowledge the potential of EXC to grow, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than EXC and that has 100x upside potential, check out our report about the cheapest AI stock.

Click to continue reading and see the Top 5 Utility Stocks to Buy Now.

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