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Mercury Systems (MRCY)
NASDAQ:MRCY
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Mercury Systems (MRCY) Price & Analysis

539 Followers

MRCY Stock Chart & Stats

$103.27
-$3.07(-2.89%)
At close: 4:00 PM EDT
$103.27
-$3.07(-2.89%)

Bulls Say, Bears Say

Bulls Say
Record Backlog And BookingsRecord bookings and a $1.9B backlog provide multiyear revenue visibility. The 1.57 fiscal book-to-bill and growing near-term backlog support sustained production demand across defense programs.
Revenue And Margin RecoveryRevenue recovery and improving gross and adjusted EBITDA margins indicate better operating execution after the downturn. Management expects FY2027 revenue near $1.1B and adjusted EBITDA near $200M.
Improved Leverage And Positive Cash GenerationLower leverage and recent positive cash generation strengthen financial resilience. Stable equity provides a capital cushion, while working-capital improvements and revolver paydown increase flexibility for planned capacity investments.
Bears Say
Persistent GAAP LossesOngoing GAAP losses show that reported profitability has not yet become durable despite stronger revenue and adjusted EBITDA. Negative ROE also limits the quality of returns generated from the company’s equity base.
Near-term Free-cash-flow PressurePlanned inventory, automation and factory investments should support future growth but will consume cash in the near term. Lower conversion reduces funding flexibility and increases dependence on successful backlog execution.
Program And Supply-chain Execution RiskOutsourcing transitions, contract estimates and program mix can create recurring delivery and margin volatility. These execution risks may delay backlog conversion and make the path to targeted margins less predictable.

Mercury Systems News

MRCY FAQ

What was Mercury Systems’s price range in the past 12 months?
Mercury Systems lowest stock price was $62.78 and its highest was $128.45 in the past 12 months.
    What is Mercury Systems’s market cap?
    Mercury Systems’s market cap is $6.30B.
      When is Mercury Systems’s upcoming earnings report date?
      Mercury Systems’s upcoming earnings report date is Nov 10, 2026 which is in 82 days.
        How were Mercury Systems’s earnings last quarter?
        Mercury Systems released its earnings results on Aug 18, 2026. The company reported $0.37 earnings per share for the quarter, missing the consensus estimate of $0.383 by -$0.013.
          Is Mercury Systems overvalued?
          According to Wall Street analysts Mercury Systems’s price is currently Undervalued. Get more investment ideas with TipRanks Premium
            Does Mercury Systems pay dividends?
            Mercury Systems pays a Notavailable dividend of $0.618 which represents an annual dividend yield of N/A. See more information on Mercury Systems dividends here
              What is Mercury Systems’s EPS estimate?
              Mercury Systems’s EPS estimate is 0.3.
                How many shares outstanding does Mercury Systems have?
                Mercury Systems has 60,136,130 shares outstanding.
                  What happened to Mercury Systems’s price movement after its last earnings report?
                  Mercury Systems reported an EPS of $0.37 in its last earnings report, missing expectations of $0.383. Following the earnings report the stock price went down -3.571%.
                    Which hedge fund is a major shareholder of Mercury Systems?
                    Currently, no hedge funds are holding shares in MRCY
                    What is the TipRanks Smart Score and how is it calculated?
                    Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology

                      Company Description

                      Mercury Systems

                      Mercury Systems, Inc. is a technology firm dedicated to the creation and delivery of a wide range of advanced components, modules, and integrated subsystems, primarily catering to the aerospace and defense industries. The company's operations span globally, with a presence in the United States, Europe, and the Asia Pacific regions. Its sophisticated solutions are vital to approximately 300 programs, supporting 25 defense contractors and numerous commercial aviation customers. The company's extensive product line includes intricate components such as power amplifiers, limiters, switches, oscillators, filters, equalizers, digital and analog converters, various chips, monolithic microwave integrated circuits (MMICs), and advanced memory and storage devices. Furthermore, it offers sophisticated modules and sub-assemblies, including embedded processing boards, switched fabric boards, digital receiver boards, multi-chip modules, integrated radio frequency (RF) and microwave multi-function assemblies, tuners, transceivers, as well as specialized graphics, video, Ethernet, and input/output boards. Mercury Systems also supplies complete integrated subsystems. Beyond these offerings, the company is actively involved in designing and developing critical technologies like digital radio frequency memory units for modern electronic warfare applications, radar environment simulation and test systems for defense and intelligence operations, signals intelligence payloads and electro-optical/infrared (EO/IR) technologies optimized for small unmanned aerial vehicle (UAV) platforms, and advanced onboard UAV processor systems facilitating real-time wide area motion imagery. Established in 1981, the firm, initially named Mercury Computer Systems, Inc., officially rebranded to Mercury Systems, Inc. in November 2012, and its headquarters are located in Andover, Massachusetts.

                      Mercury Systems (MRCY) Earnings & Revenues

                      MRCY Company Deck

                      MRCY Earnings Call

                      Q4 2026
                      0:00 / 0:00
                      Earnings Call Sentiment|Positive
                      The call emphasized substantial operational momentum: record bookings, backlog and quarterly revenue, improved full-year adjusted EBITDA and margin expansion, broad-based demand (notably CPA), and raised growth targets for FY2027/FY2028. Offsetting these positives were weaker GAAP results, quarter-to-quarter adjusted EBITDA/margin softness, a meaningful drop in year-over-year free cash flow, temporary international delivery/ramp issues, and planned near-term investments that will depress FY2027 cash conversion. On balance the company presented strong demand and execution progress and provided a constructive outlook while flagging near-term cash and margin volatility tied to investments and backlog conversion dynamics.View all MRCY earnings summaries

                      MRCY Stock 12 Month Forecast

                      Average Price Target

                      $120.71
                      ▲(16.89% Upside)
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