Means it goes past the #
Exceed means to go over a limit. I.e. This year, we exceeded the limit of how much money we were supposed to raise for a charity.
To go past the expected result, e.g. Timmy was predicted a B but he exceeded his target and got an A :)
To go past the expected result, e.g. Timmy was predicted a B but he exceeded his target and got an A :)