Exelon's stock surged 5.06% during intraday trading, driven by the company's positive fourth-quarter 2025 earnings report and optimistic outlook for 2026.

The utility giant reported adjusted earnings per share of $0.59 for the quarter, surpassing the analyst consensus estimate of $0.55. Quarterly revenue of $5.412 billion also exceeded expectations of $5.384 billion. Additionally, Exelon raised its quarterly dividend by 5% to 42 cents per share.

For the full year 2026, Exelon provided adjusted operating EPS guidance in the range of $2.81 to $2.91, which is largely above analysts' average estimate. The company cited higher electricity rates and rising power demand, particularly from data centers supporting artificial intelligence, as key growth drivers. Exelon also announced an updated capital expenditure plan of $41.3 billion over the next four years to bolster infrastructure.