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Mercury Systems (MRCY)
NASDAQ:MRCY

Mercury Systems (MRCY) Price & Analysis

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MRCY Stock Chart & Stats

$89.18
$0.27(0.64%)
At close: 4:00 PM EST
$89.18
$0.27(0.64%)

Bulls Say, Bears Say

Bulls Say
Backlog Conversion And Margin MixConversion of older low-margin development work into higher-margin production programs is improving overall profitability prospects and supports future earnings.
Cash Flow And Financial FlexibilityWorking capital reductions have boosted operating and free cash flow, strengthening the company's financial flexibility to fund growth and operations.
Demand And Program ExecutionStrong bookings, design wins, and accelerated deliveries driven by demand for the Common Processing Architecture and associated cybersecurity software provide visibility into durable revenue growth.
Bears Say
Margin Pressure From Backlog MixCompletion of a larger share of lower-margin backlog has pressured gross margins and reduced near-term profitability.
Program Execution And Stop-work RiskA stop work order on a program and ongoing unbillable production raise execution risk and could postpone a full margin recovery.
Supplier Dependency And Revenue TimingDependence on suppliers for critical materials limits visibility into delivery timing and can create near-term revenue volatility when supplier issues delay shipments.

Mercury Systems News

MRCY FAQ

What was Mercury Systems’s price range in the past 12 months?
Mercury Systems lowest stock price was $39.89 and its highest was $103.84 in the past 12 months.
    What is Mercury Systems’s market cap?
    Mercury Systems’s market cap is $5.35B.
      When is Mercury Systems’s upcoming earnings report date?
      Mercury Systems’s upcoming earnings report date is May 05, 2026 which is in 60 days.
        How were Mercury Systems’s earnings last quarter?
        Mercury Systems released its earnings results on Feb 03, 2026. The company reported $0.16 earnings per share for the quarter, beating the consensus estimate of $0.066 by $0.094.
          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 0.07.
                How many shares outstanding does Mercury Systems have?
                Mercury Systems has 60,014,633 shares outstanding.
                  What happened to Mercury Systems’s price movement after its last earnings report?
                  Mercury Systems reported an EPS of $0.16 in its last earnings report, beating expectations of $0.066. Following the earnings report the stock price went down -22.321%.
                    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., a technology company, manufactures and sells components, products, modules, and subsystems for aerospace and defense industries in the United States, Europe, and the Asia Pacific. Its products and solutions are deployed in approximately 300 programs with 25 defense contractors and commercial aviation customers. The company offers components, including power amplifiers and limiters, switches, oscillators, filters, equalizers, digital and analog converters, chips, monolithic microwave integrated circuits, and memory and storage devices; modules and sub-assemblies, such as embedded processing modules and boards, switched fabric boards, digital receiver boards, multi-chip modules, integrated radio frequency and microwave multi-function assemblies, tuners, and transceivers, as well as graphics and video processing, and Ethernet and input-output boards; and integrated subsystems. It also designs and develops digital radio frequency memory units for various modern electronic warfare applications; radar environment simulation and test systems for defense and intelligence applications; and signals intelligence payloads and EO/IR technologies for small UAV platforms, as well as onboard UAV processor systems for real-time wide area motion imagery. The company was formerly known as Mercury Computer Systems, Inc. and changed its name to Mercury Systems, Inc. in November 2012. Mercury Systems, Inc. was incorporated in 1981 and is headquartered in Andover, Massachusetts.

                      Mercury Systems (MRCY) Earnings & Revenues

                      MRCY Company Deck

                      MRCY Earnings Call

                      Q2 2026
                      0:00 / 0:00
                      Earnings Call Sentiment|Positive
                      The call emphasized strong operational execution and tangible progress: robust bookings, record backlog, revenue growth, significant adjusted EBITDA improvement, positive free cash flow, cash and leverage reduction, and strategic design wins. Headwinds are transitional and largely related to mix (conversion of lower-margin backlog), near-term gross margin compression, Q3 seasonality/expected cash outflow due to pulled-forward receipts, and some one-time or near-term charges (restructuring, litigation). Management signaled confidence in margin expansion over time and potential demand tailwinds (Golden Dome, increased defense budgets) but remained appropriately cautious about assuming further quarter-to-quarter accelerations. On balance the positives (bookings, backlog growth, EBITDA gain, cash and working capital improvement, and execution wins) outweigh the manageable near-term challenges.View all MRCY earnings summaries

                      MRCY Stock 12 Month Forecast

                      Average Price Target

                      $92.50
                      ▲(3.72% Upside)
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4,\t&nbsp; </span>\n              <span  style=\"color:#828080\">Hold 8, \t&nbsp;</span>\n              <span  style=\"color:#912767\">Sell 2</span>\n      ","marker":{"lineColor":"#199ca5","enabled":true,"symbol":"circle"}},{"y":52.17,"date":1754006400000,"info":" <span style=\"color:#199ca5\" class=\"mb3 mt2 fonth8_semibold\"> Moderate Buy</span>\n            <div class=\"flexrcb px3 displayflex fonth9_semibold\"><span  style=\"color:#199ca5\">Buy 5,\t&nbsp; </span>\n              <span  style=\"color:#828080\">Hold 13, \t&nbsp;</span>\n              <span  style=\"color:#912767\">Sell 3</span>\n      ","marker":{"lineColor":"#199ca5","enabled":true,"symbol":"circle"}},{"y":67.66,"date":1756684800000,"info":" <span style=\"color:#199ca5\" class=\"mb3 mt2 fonth8_semibold\"> Moderate Buy</span>\n            <div class=\"flexrcb px3 displayflex fonth9_semibold\"><span  style=\"color:#199ca5\">Buy 5,\t&nbsp; </span>\n              <span  style=\"color:#828080\">Hold 14, \t&nbsp;</span>\n 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","marker":{"lineColor":"#199ca5","enabled":true,"symbol":"circle"}},{"y":66.8,"date":1764547200000,"info":" <span style=\"color:#199ca5\" class=\"mb3 mt2 fonth8_semibold\"> Strong Buy</span>\n            <div class=\"flexrcb px3 displayflex fonth9_semibold\"><span  style=\"color:#199ca5\">Buy 7,\t&nbsp; </span>\n              <span  style=\"color:#828080\">Hold 21, \t&nbsp;</span>\n              <span  style=\"color:#912767\">Sell 2</span>\n      ","marker":{"lineColor":"#199ca5","enabled":true,"symbol":"circle"}},{"y":73.01,"date":1767225600000,"info":" <span style=\"color:#199ca5\" class=\"mb3 mt2 fonth8_semibold\"> Strong Buy</span>\n            <div class=\"flexrcb px3 displayflex fonth9_semibold\"><span  style=\"color:#199ca5\">Buy 7,\t&nbsp; </span>\n              <span  style=\"color:#828080\">Hold 23, \t&nbsp;</span>\n              <span  style=\"color:#912767\">Sell 2</span>\n      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